Bharat Forge : Quarterly Report on Corporate Governance

General information about company

Scrip code	500493
NSE Symbol	BHARATFORG
MSEI Symbol	NOTLISTED
ISIN	INE465A01025
Name of the entity	BHARAT FORGE LIMITED
Date of start of financial year	01-04-2023
Date of end of financial year	31-03-2024
Reporting Quarter	Yearly
Date of Report	31-03-2024
Risk management committee	Applicable
Market Capitalisation as per immediate previous	Top 500 listed entities
Financial Year

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

Add Notes

Whether the listed entity has a Regular

Yes

Chairperson

Whether Chairperson is related to MD or

Yes

Disqualification of Directors under section

CEO

164 of the Companies Act, 2013

Sr

Ti

Name

PAN

DIN

Categ

Category 2 of

Cate

Whet

Start

End

Details

Cur

Whet

Date

Initial

Date

Date

Ten

No of

No of

Numb

No of

Reas

Not

Not

tl

of the

ory 1

directors

gory

D

her

Date of

Date of

of

ren

her

of

Date

of Re-

of

ure

Direct

Indep

er of

post

on

es

es

e

Direct

of

3 of

at

the

disquali

disquali

disquali

t

specia

passi

of

appoi

cess

of

orship

enden

memb

of

for

for

for

(

or

direct

dire

e

direct

fication

fication

fication

stat

l

ng

appoi

ntmen

atio

dire

in

t

ership

Chair

Cessa

not

not

M

ors

ctor

of

or is

us

resolu

speci

ntmen

t

n

ctor

listed

Direct

s in

perso

tion

prov

prov

r

s

Bi

disqu

tion

al

t

(in

entiti

orship

Audit/

n in

idin

idin

/

rt

alified

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resol

mo

es

in

Stakeh

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g

g

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h

?

d?

utio

nth

includ

listed

older

/

PAN

DIN

s)

[Refer

n

s)

ing

entitie

Comm

Stake

Reg.

this

s

ittee(s

holde

17(1A

listed

includ

)

r

) of

entity

ing

includi

Com

Listing

(Refer

this

ng this

mitte

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Regul

listed

listed

e held

ations

ation

entity

entity

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]

17A

[with

(Refer

listed

of

refere

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entiti

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tion

es

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provis

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includ

ations

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of

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)

regula

Listing

this

tion

Regula

listed

17A(1)

tions)

entity

&

(Refer

17A(2)

Regul

]

ation

26(1)

of

Listing

Regul

ations

)

Add

Delete

1	M	BABAS	ABIPK	0008	Execu	Chairperson	MD	07	No				Acti	NA		30-03-	30-03-			4	0	3	0
		r	AHEB	5782A	9380	tive			-					ve			1993	2023
			NEELK			Direct			01
			ANTH			or			-
			KALYA						19
			NI						49
2	M	PRATA	AAUP	0001	Non-	Not Applicable		15	No				Acti	Yes	13-	04-09-	04-09-		115.	1	1	2	2
		r	P	P9272	8985	Execu			-					ve		08-	2014	2019		00
			GOVIN	H		tive -			10							2019
			D			Indep			-
			PAWA			enden			19
			R			t			44
						Direct
						or
3	M	LALITA	AAEPG	0004	Non-	Not Applicable		04	No				Acti	Yes	13-	04-09-	04-09-		115.	2	2	2	0
		rs	D	5696C	3559	Execu			-					ve		08-	2014	2019		00
			GUPTE			tive -			10							2019
						Indep			-
						enden			19
						t			48
						Direct
						or
4	M	PURA	AAJPR	0028	Non-	Not Applicable		20	No				Acti	NA		04-09-	04-09-		115.	2	2	5	2
		r	NAM	6809H	0010	Execu			-					ve			2014	2019		00
			HAYA			tive -			07
			GREEV			Indep			-
			A			enden			19
			RAVIK			t			51
			UMAR			Direct
						or
5	M	VIMAL	ABJPB	0000	Non-	Not Applicable		23	No				Acti	NA		04-09-	04-09-		115.	5	5	6	2
		r	BHAN	8612R	1318	Execu			-					ve			2014	2019		00
			DARI			tive -			08
						Indep			-
						enden			19
						t			58
						Direct
						or
6	M	DIPAK	AEGPB	0121	Non-	Not Applicable		23	No				Acti	NA		21-06-	21-06-		58.0	1	1	0	0
		r	BALAS	3894K	5889	Execu			-					ve			2019	2019		0
			AHEB			tive -			11
			MANE			Indep			-
						enden			19
						t			60
						Direct
						or
7	M	MURA	BGGPS	0146	Non-	Not Applicable		21	No				Acti	NA		21-06-	21-06-		58.0	6	6	6	1
		r	LI	5159F	1231	Execu			-					ve			2019	2019		0
						tive -			04

		SIVAR			Indep			-
		AMAN			enden			19
					t			61
					Direct
					or
8	M	KANW	AABPA	0351	Non-	Not Applicable		30	No				Acti	NA		27-06-	27-06-		21.0	6	6	6	1
	r	AR BIR	6586A	8282	Execu			-					ve			2022	2022		0
		SINGH			tive -			08
		ANAN			Indep			-
		D			enden			19
					t			55
					Direct
					or
9	M	SONIA	ABSPS	0710	Non-	Not Applicable		05	No				Acti	NA		27-06-	27-06-		21.0	2	2	2	1
	s	SINGH	4206	8778	Execu			-					ve			2022	2022		0
			M		tive -			09
					Indep			-
					enden			19
					t			64
					Direct
					or
10	M	ASHIS	AAHP	0067	Non-	Not Applicable		31	No				Acti	NA		01-09-				4	1	2	1
	r	H	R1497	1567	Execu			-					ve			2023
		BHARA	F		tive -			12
		T RAM			Non			-
					Indep			19
					enden			68
					t
					Direct
					or
11	M	GOPAL	AANP	0003	Execu	Not Applicable		17	No				Acti	NA		01-04-	01-04-	31-		1	0	0	0	Tenur
	r	KRISH	A3555	7678	tive			-					ve			1998	2023	03-						e
		AN	B		Direct			02										202						Comp
		AGAR			or			-										4						letion
		WAL						19
								51
12	M	AMIT	ABAPK	0008	Execu	Not Applicable		26	No				Acti	NA		11-05-	11-05-			7	1	2	0
	r	BABAS	7869A	9430	tive			-					ve			2004	2019
		AHEB			Direct			07
		KALYA			or			-
		NI						19
								75
13	M	BASAV	ABAPK	0026	Execu	Not Applicable		31	No				Acti	NA		23-05-	23-05-			1	0	0	0
	r	RAJ	7763R	7202	tive			-					ve			2006	2021
		KALYA			Direct			07
		NI			or			-
								19
								62
14	M	SUBO	AALPT	0026	Execu	Not Applicable		24	No				Acti	NA		23-05-	23-05-			1	0	0	0
	r	DH	0897	6833	tive			-					ve			2006	2021
		EKNAT	M					09

H TAND ALE

Direct or

-

19

68

Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatory

Add Notes

Audit Committee Details

							Whether the Audit Committee has a Regular Chairperson	Yes
Sr		DIN Number			Name of Committee members		Category 1 of directors		Category 2 of directors	Date of Appointment	Date of Cessation
1		00018985			PRATAP GOVIND PAWAR		Non-Executive - Independent Director		Chairperson	25-10-2008
2		00001318			VIMAL BHANDARI		Non-Executive - Independent Director		Member	13-11-2021
3		00280010			PURANAM HAYAGREEVA RAVIKUMAR		Non-Executive - Independent Director		Member	25-10-2008

Nomination and Remuneration Committee

Whether the Nomination and remuneration committee has a Regular Chairperson

Yes

Sr

DIN Number

Name of Committee members

Category 1 of directors

Category 2 of directors

Date of Appointment

Date of Cessation

1

01215889

DIPAK BALASAHEB MANE

Non-Executive - Independent Director

Chairperson

13-11-2021

2

00018985

PRATAP GOVIND PAWAR

Non-Executive - Independent Director

Member

27-05-2014

3

00001318

VIMAL BHANDARI

Non-Executive - Independent Director

Member

27-05-2014

Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular Chairperson

Yes

Sr

DIN Number

Name of Committee members

Category 1 of directors

Category 2 of directors

Date of Appointment

Date of Cessation

1

00018985

PRATAP GOVIND PAWAR

Non-Executive - Independent Director

Chairperson

13-11-2021

2

00089380

BABASAHEB NEELKANTH KALYANI

Executive Director

Member

27-05-2014

3 00043559

LALITA D GUPTE

Non-Executive - Independent Director

Member

27-05-2014

Risk Management Committee

							Whether the Risk Management Committee has a Regular Chairperson	Yes
Sr		DIN Number			Name of Committee members		Category 1 of directors		Category 2 of directors	Date of Appointment	Date of Cessation
1		00089380			BABASAHEB NEELKANTH KALYANI		Executive Director		Chairperson	02-02-2015
2		00001318			VIMAL BHANDARI		Non-Executive - Independent Director		Member	13-11-2021
3		00089430			AMIT BABASAHEB KALYANI		Executive Director		Member	02-02-2015
4		01461231			MURALI SIVARAMAN		Non-Executive - Independent Director		Member	13-11-2021

Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson

Yes

Sr

DIN Number

Name of Committee members

Category 1 of directors

Category 2 of directors

Date of Appointment

Date of Cessation

1

00018985

PRATAP GOVIND PAWAR

Non-Executive - Independent Director

Chairperson

27-05-2014

2

00089380

BABASAHEB NEELKANTH KALYANI

Executive Director

Member

27-05-2014

3

00089430

AMIT BABASAHEB KALYANI

Executive Director

Member

27-05-2014

Other Committee

Sr

DIN Number

Name of Committee members

Name of other committee

Category 1 of directors

Category 2 of directors

Remarks

Environmental, Social and

Chairperson

1

00089430

AMIT BABASAHEB KALYANI

Governance Committee

Executive Director

Environmental, Social and

Member

2

01461231

MURALI SIVARAMAN

Governance Committee

Non-Executive - Independent Director

Environmental, Social and

Member

3

01215889

DIPAK BALASAHEB MANE

Governance Committee

Non-Executive - Independent Director

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory	Add Notes

Sr

Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronologicalorder)

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 Directorsas on date of the meeting

Number of Directors

present*

(All directors including Independent Director)

No. of Independent

Directors attending the

meeting*

Add Delete

1

06-11-2023

Yes

14

14

8

2

12-02-2024

97

Yes

14

12

7

Annexure 1

IV.

Meeting of Committees

Disclosure of notes on meeting of committees explanatory

Add

Notes

Sr

Name of Committee

Date(s) of meeting

Maximum

Name of other committee

Reson for

Whether

Total Number of

Number of

No. of

No. of

(Enter dates of

gap between

not

requirement of

Directors in the

Directors Present

Independent

members

Previous quarter

any two

providing

Quorum met

Committee as on date

(All Directors

Directors

attending

and Current quarter

consecutive

date

(Yes/No)

of the meeting

including

attending the

the meeting

in chronological

(in number of

Independent

meeting*

(other than

order)

days)

Director)

Board of

Directors)

Add

Delete

1

Audit Committee

06-11-2023

Yes

3

3

3

0

2

Audit Committee

12-02-2024

97

Yes

3

3

3

0

3

Nomination and

06-11-2023

Yes

3

3

3

0

remuneration committee

4

Nomination and

12-02-2024

97

Yes

3

3

3

0

remuneration committee

5

Corporate Social

08-02-2024

Yes

3

3

1

0

Responsibility Committee

6

Risk Management

11-10-2023

Yes

4

3

2

0

Committee

7

Other Committee

09-02-2024

Environmental, Social and

Yes

3

3

2

0

Governance Committee

Details of Cyber security incidence

Whether as per Regulation	No
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
Other details of cyber security		Add Notes
incidence or breaches or loss
of data event
Number of cyber security
incidence or breaches or loss
of data event occurred during
the quarter
Sr.	Date of the event	Brief details of the event