Strides Shasun : Corporate Governance Report - 31 December 2015

234b1560-e675-4dee-922a-47e081a362d5.pdf

QUARTERLY COMPLIANCE REPORT ON CORPORATE GOVERNANCE

8Strides Shasun

ANNEXURE • I

Name of the Listed Scrip Code: Quarter ending:

STRIDES SHASUN LIMITED (formerly STRIDES ARCOLAB LIM STAR (NSE) ;532531 (BSE)

31-Dec-15

I. Composition of Board of Directors
Title	Name of the Director	PAN	DIN	Category (Chairperson/ Executive/ Non Executive/ Independent/ Nominee)	Date of Appointment in the current term/ cessation	Tenure	No. of Directorship in listed entities including this listed entity (Ref Regulation 25(1) of Listing Regulations)	No. 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)
Audit Committee	Stakeholder Relationship Committee	Audit Committee	Stakeholder Relationship Committee
Mr.	DEEPAK VAIDYA	AADPV1542M	00337276	Chairman & Non-Executive Director	September 9, 2014	NA	3	5	1	2	NIL
Mr.	ARUN KUMAR	AFBPP0461L	00084845	Managing Director	September 9, 2014	NA	1	NIL	NIL	NIL	NIL
Mr.	ABHAYA KUMAR	AAFPK3368N	00729827	Executive Director	November 19, 2015	NA	1	NIL	NIL	NIL	NIL
Mr.	M.R. UMARJI	AADPU7051L	00307435	Non-Executive Director	September 9, 2014	NA	1	5	1	NIL	NIL
Mr.	BHARAT SHAH	AADPS4345K	00136969	Non-Executive Director	July 30, 2015	NA	4	6	2	NIL	NIL
Mr.	S. SRIDHAR	AAXPS1464M	00004272	Independent Director	September 9, 2014	5 consecutive years wef September 9,2014	6	7	1	4	NIL
Mr.	A.K. NAIR	ACGPA6768B	00009148	Independent Director	September 9, 2014		3	4	2	NIL	2
Mr.	P.M. THAMPI	AACPT2672H	00114522	Independent Director	September 9, 2014		1	3	1	NIL	NIL
Ms.	SANGITA REDDY	AASPS6786K	00006285	Independent Director	September 9, 2014		2	1	NIL	NIL	NIL

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II.Compo_sidon of Committees
Name of Committee		Name of the Committee members	Category (Chairperson/ Executive/ Non Executive/ Independent/ Nominee)
1.Audit Committee		S Sridhar	Chairman
		Deepak Vaidya	Member
		A K Nair	Member
		P M Thampi	Member
		Sangita Reddy	Member
		M R Umarji	Member
		Bharat Shah	Member
2. Nomination & Remuneration Committee		P M Thampi	Chairman
		Deepak Vaidya	Member
		A K Nair	Member
		M R Umarji	Member
3. Risk Management Committee (If applicable)		NA
4. Stakeholders Relationship Committee		A K Nair	Chairman
		Deepak Vaidya	Member
		P M Thampi	Member
		M R Umarji	Member
Ill.·Meeting of Board of Directors
Date (s) of Meeting (if any) in the previous quarter	Date (s) of Meeting (if any) in the relevant quarter	Maximum gap between any two consecutive (in number of days)
July 30, 2015	October 27, 2015	57
September 25, 2015	October 27, 2015	32

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. . IV. Meeting of Committees
Date (s) of Meeting of the committee in the relevant quarter	Whether requirement of Quorum met (details)	Dates(s) of meeting of the committee in the previous quarter	Maximum gap between any two consecutive meetings in number of days
Audit	October 27, 2015	YES	July 30, 2015	89
Stakeholders' Relationshi p Committee	October 27, 2015	YES	July 30, 2015	89
Nomination & Remuneration Committee	Nil	NA	NIL
v.-Related Party Transactions
Subject	Compliance status (Yes/No/NA) refer note below
Whether prior approval of audit com mittee obtained	YES
Whether shareholder approval obtained for material RPT	NA
Whether details of RPT entered into pursuant to omnibus apporval have been reviewed by Audit Committee	YES
Note: 1. In the column "Compliance Status", compliance or non-compliance may be incated by Yes/No/NA. For example, if the Board has been composed in accordance w'1th the requ·irements of isting Regulations, "Yes" may be indicated. Similarly, in case the Listed Entity has no related party transactions, the words "N.A." may be indicated. 2. If status is "No" details of non-compliance may be given here.

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VI. Affirmation

1. The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulation, 2015.

   
   

2. The composition of the following committees is in terms of SEBI (Listing obligations and disclosure requirements) Regulation, 2015.

3. Audit Committee

4. Nomination and Remuneration Committee

5. Stakeholders Relationship Committee

6. Risk Management Committee - (applicable to the top 100 listed entities) :Not applicable

   
   

7. The committee members have been made aware of their powers, role and responsibilities as specified in SEBJ (Listing obligations and disclosure requirements) Regulation, 2015.

   
   

8. 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) Regulation, 2015.

   
   

9. This report and/ or the report submitted in the previous quarter has been placed before Board of Directors, Any comments/ observations/ advice of Board of Directors may be mentioned here: First report. This will be placed at the ensuing Board Meeting.










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For Strides Shasun Limited




d?.Ko=ado,

CFO & Company Secretary

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