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 year01-04-2018
Date of end of financial year31-03-2019
Reporting QuarterQuarterly
Date of Report31-12-2018
Risk management committeeNot Applicable



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 explanatoryTextual Information(1)
Is there any change in information of board of directors compare to previous quarterYes
Wether the listed entity has a Regular ChairpersonYes
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directorsDate of appointment in the current term Date of cessationTenure of director (in months)No of Directorship in listed entities including this listed entity (Refer Regulation 25(1) of Listing Regulations)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 PANNotes for not providing DIN
1MrNAVIN DOSHIAAAPD7840H00232287Executive DirectorChairperson related to PromoterMD01-08-20185100
2MrKISHOR MEHTAAAJPM7447A00235120Non-Executive - Non Independent DirectorNot Applicable05-06-201718120
3MrsSHEELA RUPESH KAMDARAFVPK7507G06948522Non-Executive - Independent DirectorNot Applicable14-09-201539232
4MrSHARAD RATILAL MEHTAAFOPM0789D02555772Non-Executive - Independent DirectorNot Applicable26-09-201451120



Text Block

Textual Information(1)

1.      Mr. Navin B. Doshi has been reappointed as a Managing Director for a term of another 5 years w.e.f. 01-08-2018 as his tenure got over.

 

2.      Mrs. Sheela Kamdar has been appointed as an Additional Director in the Board Meeting dated 28-01-2015. She was appointed as an Independent Director in the Annual General Meeting dated 14-09-2015.

 

3.      Mr. Sharad Mehta has been appointed as an Independent Director in the Board Meeting dated 11-08-2014 and approved by the shareholders in the Annual General Meeting dated 26-09-2014.




Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatory
Is there any change in information of committees compare to previous quarterYes


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 KamdarNon-Executive - Independent DirectorChairperson09-10-2015
202555772Sharad MehtaNon-Executive - Independent DirectorMember26-09-2014Textual Information(1)
300235120Kishor MehtaNon-Executive - Non Independent DirectorMember05-06-2017

Sr Text Block

Textual Information(1)
Mr. Sharad Mehta has been appointed as an Independent Director in the Company in the Board Meeting dated 11-08-2014 and approved by the shareholders in the Annual General Meeting dated 26-09-2014 pursuant to the provisions of Companies Act, 2013. It is to be noted that, he was already the member of the Board and of the Audit Committee pursuant to Listing Agreement.


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 KamdarNon-Executive - Independent DirectorChairperson09-10-2015
202555772Sharad MehtaNon-Executive - Independent DirectorMember26-09-2014Textual Information(1)
300235120Kishor MehtaNon-Executive - Non Independent DirectorMember05-06-2017

Sr Text Block

Textual Information(1)
Mr. Sharad Mehta has been appointed as an Independent Director in the Company in the Board Meeting dated 11-08-2014 and approved by the shareholders in the Annual General Meeting dated 26-09-2014 pursuant to the provisions of Companies Act, 2013. It is to be noted that, he was already the member of the Board and of the Remuneration Committee pursuant to Listing Agreement.


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 KamdarNon-Executive - Independent DirectorChairperson09-10-2015
202555772Sharad MehtaNon-Executive - Independent DirectorMember26-09-2014Textual Information(1)
300235120Kishor MehtaNon-Executive - Non Independent DirectorMember05-06-2017

Sr Text Block

Textual Information(1)
Mr. Sharad Mehta has been appointed as an Independent Director in the Company in the Board Meeting dated 11-08-2014 and approved by the shareholders in the Annual General Meeting dated 26-09-2014 pursuant to the provisions of Companies Act, 2013. It is to be noted that, he was already the member of the Board and of the Investor Grievance Committee pursuant to Listing Agreement.


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 KamdarNon-Executive - Independent DirectorChairperson09-10-2015
202555772Sharad MehtaNon-Executive - Independent DirectorMember26-09-2014Textual Information(1)
300235120Kishor MehtaNon-Executive - Non Independent DirectorMember05-06-2017

Sr Text Block

Textual Information(1)
Mr. Sharad Mehta has been appointed as an Independent Director in the Company in the Board Meeting dated 11-08-2014 and approved by the shareholders in the Annual General Meeting dated 26-09-2014 pursuant to the provisions of Companies Act, 2013. It is to be noted that, he was already the member of the Board and of the Corporate Social Reponsibility Committee which was constituted pursuant to Companies Act, 2013.


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)
114-08-2018
206-10-201852
314-11-201838



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(s) of meeting of the committee in the relevant quarterWhether requirement of Quorum met (Yes/No)Requirement of Quorum metDate(s) of meeting of the committee in the previous quarterMaximum gap between any two consecutive meetings (in number of days)Name of other committee
1Audit Committee14-11-2018Yes314-08-201891
2Corporate Social Responsibility Committee14-11-2018Yes314-08-201891
3Stakeholders Relationship Committee14-11-2018Yes314-08-201891



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 RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes


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 100 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



Signatory Details

Name of signatoryRiya Shah
Designation of personCompany Secretary and Compliance Officer
PlaceMumbai
Date14-01-2019