General information about company | |
| Scrip code | 530745 |
| NSE Symbol | |
| MSEI Symbol | |
| ISIN | INE366C01013 |
| Name of the entity | LN INDUSTRIES INDIA LIMITED |
| Date of start of financial year | 01-04-2023 |
| Date of end of financial year | 31-03-2024 |
| Reporting Quarter | Half Yearly |
| Date of Report | 30-09-2023 |
| Risk management committee | Not Applicable |
| Market Capitalisation as per immediate previous Financial Year | Any other |
Annexure I | |||||||||||||||||||||||||
Annexure I to be submitted by listed entity on quarterly basis | |||||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
| Disclosure of notes on composition of board of directors explanatory | |||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | |||||||||||||||||
| 1 | Mr | ASHOK KUMAR BUDDHARAJU | AFCPB7683M | 03389822 | Executive Director | Chairperson | MD | 01-07-1967 | |||||||||||||||||
| 2 | Mrs | RAMA DEVI BUDDHARAJU | AJWPB0339C | 07026035 | Non-Executive - Non Independent Director | Not Applicable | 13-07-1970 | ||||||||||||||||||
| 3 | Mrs | ANITHA ALOKAM | AFCPA2142N | 07309591 | Non-Executive - Non Independent Director | Not Applicable | 10-06-1978 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
| Sr | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure of director (in months) | No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) | No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] | Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) | No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) | Notes for not providing PAN | Notes for not providing DIN | |||||||||||||
| 1 | NA | 25-04-2023 | 5.17 | 4 | 0 | 0 | 1 | ||||||||||||||||||
| 2 | NA | 25-04-2023 | 5.17 | 1 | 0 | 0 | 0 | ||||||||||||||||||
| 3 | NA | 25-04-2023 | 5.17 | 2 | 0 | 0 | 0 | ||||||||||||||||||
Annexure 1 | |||||||
II. Composition of Committees | |||||||
| Disclosure of notes on composition of committees explanatory | Textual Information(1) | ||||||
Annexure 1 Text Block | |
| Textual Information(1) | As per NCLT order CP(IB) NO.17/9/HDB 2022,dated 24-03-2023.
We had purchased LN Industries India Limited as per the above said order, we are in the process of setting up the mangement as per the statutory regulations.
Data provided for the pupose of validation of the sheet and as on date no committee is formed |
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | No | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 03389822 | ASHOK KUMAR BUDDHARAJU | Executive Director | Chairperson | 25-04-2023 | ||
| 2 | 07026035 | RAMA DEVI BUDDHARAJU | Non-Executive - Non Independent Director | Member | 25-04-2023 | ||
| 3 | 07309591 | ANITHA ALOKAM | Non-Executive - Non Independent Director | Member | 25-04-2023 | ||
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | No | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 03389822 | ASHOK KUMAR BUDDHARAJU | Executive Director | Chairperson | 25-04-2023 | ||
| 2 | 07026035 | RAMA DEVI BUDDHARAJU | Non-Executive - Non Independent Director | Member | 25-04-2023 | ||
| 3 | 07309591 | ANITHA ALOKAM | Non-Executive - Non Independent Director | Member | 25-04-2023 | ||
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | No | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 03389822 | ASHOK KUMAR BUDDHARAJU | Executive Director | Chairperson | 25-04-2023 | ||
| 2 | 07026035 | RAMA DEVI BUDDHARAJU | Non-Executive - Non Independent Director | Member | 25-04-2023 | ||
| 3 | 07309591 | ANITHA ALOKAM | Non-Executive - Non Independent Director | Member | 25-04-2023 | ||
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | No | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | No | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | ||||||||
Annexure 1 | ||||||||
III. Meeting of Board of Directors | ||||||||
| Disclosure of notes on meeting of board of directors explanatory | ||||||||
| Sr | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | Maximum gap between any two consecutive (in number of days) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 17-05-2023 | Yes | 3 | 3 | 0 | |||
| 2 | 30-05-2023 | 12 | Yes | 3 | 3 | 0 | ||
| 3 | 14-08-2023 | 75 | Yes | 3 | 3 | 0 | ||
| 4 | 24-08-2023 | 9 | Yes | 3 | 3 | 0 | ||
| 5 | 05-09-2023 | 11 | Yes | 3 | 3 | 0 | ||
Annexure 1 | |||
V. Related Party Transactions | |||
| Sr | Subject | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Whether prior approval of audit committee obtained | NA | |
| 2 | Whether shareholder approval obtained for material RPT | NA | |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | NA | |
Annexure 1 | |||
VI. Affirmations | |||
| Sr | Subject | Compliance status (Yes/No) | |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | No | |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | No | |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | No | |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | No | |
| 5 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) | No | |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | No | |
| 7 | The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | No | |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes | |
| 9 | Any comments/observations/advice of Board of Directors may be mentioned here: | Textual Information(1) | |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | ASHOK KUMAR BUDDHARAJU |
| 2 | Designation | Managing Director |
Text Block | |
| Textual Information(1) | As per NCLT order CP(IB) NO.17/9/HDB 2022,dated 24-03-2023.
We had purchased LN Industries India Limited as per the above said order, we are in the process of setting up the mangement as per the statutory regulations.
Data provided for the pupose of validation of the sheet and as on date no committee is formed |
Annexure III | ||||
III. Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website | 46(2) | Yes | |
| 2 | Presence of Chairperson of Audit Committee at the Annual General Meeting | 18(1)(d) | Yes | |
| 3 | Presence of Chairperson of the nomination and remuneration committee at the annual general meeting | 19(3) | Yes | |
| 4 | Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting | 20(3) | Yes | |
| 5 | Disclosure of the Secretarial Audit Report of the listed entity and the material subsidiaries in the Annual Report | 24A(1) | Yes | |
| 6 | Submission of Annual Secretarial Compliance Report | 24A(2) | Yes | |
| 7 | Whether “Corporate Governance Report” disclosed in Annual Report | 34(3) read with para C of Schedule V | Yes | |
| 6 | ||||
Annexure III | ||
| 1 | Name of signatory | PRABHAKARA RAO |
| 2 | Designation | Chief Financial Officer |
Additional Half yearly Disclosure | |||||||
| Applicability of disclosure | Not Applicable | ||||||
| Reason for Non Applicability | Textual Information(1) | ||||||
Text Block | |
| Textual Information(1) | As per NCLT order CP(IB) NO.17/9/HDB 2022,dated 24-03-2023.
We had purchased LN Industries India Limited as per the above said order, we are in the process of setting up the mangement as per the statutory regulations.
Data provided for the pupose of validation of the sheet and as on date no committee is formed |
Details of Cyber security incidence | ||||
| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |||
Signatory Details | |
| Name of signatory | ASHOK KUMAR |
| Designation of person | Managing Director |
| Place | HYDERABAD |
| Date | 20-10-2023 |