General information about company

Scrip code531556
NSE SymbolCORALFINAC
MSEI SymbolNOTLISTED
ISININE558D01021
Name of the entityCORAL INDIA FINANCE AND HOUSING LIMITED
Date of start of financial year01-04-2021
Date of end of financial year31-03-2022
Reporting QuarterQuarterly
Date of Report31-12-2021
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearTop 2000 listed entities



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 ChairpersonYes
Whether Chairperson is related to MD or CEOYes
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 (Refer Regulation 17A(1) of Listing RegulationsNumber 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 PANNotes for not providing DIN
1MrNAVIN B. DOSHIAAAPD7840H00232287Executive DirectorChairperson related to PromoterMD01-11-1943NA01-08-201501-08-2018411000
2MrKISHOR R. MEHTAAAJPM7447A00235120Executive DirectorNot Applicable21-01-1951NA17-07-202017-07-2020171010
3MrsMEETA S. SHETHAAFPS0645A00278939Non-Executive - Non Independent DirectorNot Applicable11-06-1970NA28-05-201928-05-2019311020
4MrSHARAD R. MEHTAAFOPM0789D02555772Non-Executive - Independent DirectorNot Applicable30-12-1946Yes30-08-201926-09-201426-09-2019271120



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 (Refer Regulation 17A(1) of Listing RegulationsNumber 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 PANNotes for not providing DIN
5MrNIRAJ A. MEHTAAKGPM3725N02667671Non-Executive - Independent DirectorNot Applicable24-08-1985NA17-07-202017-07-2020171120
6MrsSHEELA R. KAMDARAFVPK7507G06948522Non-Executive - Independent DirectorNot Applicable03-02-1973NA14-09-201514-09-2020152244




Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
106948522SHEELA R. KAMDARNon-Executive - Independent DirectorChairperson09-10-2015
202555772SHARAD R. MEHTANon-Executive - Independent DirectorMember26-09-2014
300278939MEETA S. SHETHNon-Executive - Non Independent DirectorMember28-05-2019
402667671NIRAJ A. MEHTANon-Executive - Independent DirectorMember17-07-2020


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
106948522SHEELA R. KAMDARNon-Executive - Independent DirectorChairperson09-10-2015
202555772SHARAD R. MEHTANon-Executive - Independent DirectorMember26-09-2014
300278939MEETA S. SHETHNon-Executive - Non Independent DirectorMember28-05-2019
402667671NIRAJ A. MEHTANon-Executive - Independent DirectorMember17-07-2020


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
106948522SHEELA R. KAMDARNon-Executive - Independent DirectorChairperson09-10-2015
202555772SHARAD R. MEHTANon-Executive - Independent DirectorMember26-09-2014
300278939MEETA S. SHETHNon-Executive - Non Independent DirectorMember28-05-2019
400235120KISHOR R. MEHTAExecutive DirectorMember17-07-2020
502667671NIRAJ A. MEHTANon-Executive - Independent DirectorMember17-07-2020


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
106948522SHEELA R. KAMDARNon-Executive - Independent DirectorChairperson09-10-2015
202555772SHARAD R. MEHTANon-Executive - Independent DirectorMember26-09-2014
300278939MEETA S. SHETHNon-Executive - Non Independent DirectorMember28-05-2019
400235120KISHOR R. MEHTAExecutive DirectorMember17-07-2020
502667671NIRAJ A. MEHTANon-Executive - Independent DirectorMember17-07-2020


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
SrDate(s) of meeting (if any) in the previous quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
102-08-2021Yes63
228-10-202186Yes63
319-11-202121Yes63
424-11-20214Yes63



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)Maximum gap between any two consecutive (in number of days)Name of other committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Number of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
1Audit Committee02-08-2021Yes43
2Audit Committee28-10-202186Yes43
3Audit Committee24-11-202126Yes43
4Corporate Social Responsibility Committee09-10-2021Yes53
5Stakeholders Relationship Committee28-10-2021Yes53



Annexure 1

V. Related Party Transactions

SrSubjectCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Whether prior approval of audit committee obtainedYes
2Whether shareholder approval obtained for material RPTYes
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes of material transaction with related partyTextual Information(1)


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Textual Information(1)
Granting of Loan to Bezel Pharma Private Limited for an amount not exceeding Rs. 30 crores to be given in various tranches for a period of three years at an interest rate of 10 percent per annum which was approved by the shareholders through a Postal Ballot dated November 24 2021 and the Special Resolution was passed by the shareholders with requisite majority and is deemed to be passed on December 26 2021 which was the last date of evoting 



Annexure 1

VI. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015Yes
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The 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 500 listed entities)NA
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
7The 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.Yes
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.Yes

Annexure 1

SrSubjectCompliance status
1Name of signatoryRIYA SHAH
2DesignationCompany Secretary and Compliance Officer



Text Block




Signatory Details

Name of signatoryRIYA SHAH
Designation of personCompany Secretary and Compliance Officer
PlaceMUMBAI
Date20-01-2022