General information about company

Scrip code523232
Name of the entityCONTINENTAL PETROLEUMS LIMITED
Date of start of financial year01-04-2016
Date of end of financial year31-03-2017
Reporting QuarterQuarterly
Date of Report30-06-2016
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 composition of board of directors compare to previous quarter
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 entityNumber of memberships in Audit/ Stakeholder Committee(s) including this listed entityNo of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entityNotes
1MrMADAN LAL KHANDELWALABQPK1533K00414717Executive DirectorChairpersonMD01-04-2010200Textual Information(2)
2MrRAM NATH KAROLACBPK6413E00414741Non-Executive - Independent DirectorNot Applicable28-01-2004149121Textual Information(3)
3MrGOVERDHAN DASS SETHI AFEPS6086D01216222Non-Executive - Independent DirectorNot Applicable29-09-2007105120Textual Information(4)
4MrsRADHIKA KHANDELWAL ACWPK8541N00414678Non-Executive - Non Independent DirectorNot Applicable13-11-2010121Textual Information(5)



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Textual Information(1)PARTICULARS OF DIRECTORS: 01. Mr. MADAN LAL KHANDELWAL IS EXECUTIVE DIRECTOR, MD CUM CHAIRPERSON OF THE COMPANY. 02. Mr. RAM NATH KAROL IS INDEPENDENT DIRECTOR 03. Mr. GOVERDHAN DASS SETHI IS INDEPENDENT DIRECTOR 04. Mrs. RADHIKA KHANDELWAL IS NON EXECUTIVE DIRECTOR CUM NON INDEPENDENT DIRECTOR 05. Mr. VIKRANT KHANDELWAL IS CFO.
Textual Information(2)MADAN LAL KHANDELWAL IS AN EXECUTIVE DIRECTOR, CHAIRMAN AND MANAGING DIRECTOR.
Textual Information(3)HE IS INDEPENDENT DIRECTOR OF THE COMPANY AND CHAIRMAN OF AUDIT COMMITEE AND NOMINATION AND REMUNERATION COMMITTEE.
Textual Information(4)HE IS NON EXECUTIVE INDEPENDENT DIRECTOR. HE IS ALSO THE CHAIRPERSON OF NOMINATION AND REMUNERATION COMMITTEE.
Textual Information(5)SHE IS NON EXECUTIVE NON INDEPENDENT DIRECTOR. SHE IS ALSO THE CHAIRPERSON OF STAKEHOLDER RELATIONSHIP COMMITTEE.



Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatory
Is there any change in composition of committees compare to previous quarter
SrName Of CommitteeName of Committee membersCategory 1 of directorsCategory 2 of directorsName of other committee
1Audit CommitteeMr. RAM NATH KAROLNon-Executive - Independent DirectorChairperson
2Audit CommitteeMr. GOVERDHAN DASS SETHINon-Executive - Independent DirectorMember
3Audit CommitteeMrs. RADHIKA KHANDELWALNon-Executive - Non Independent DirectorMember
4Nomination and remuneration committeeMr. RAM NATH KAROLNon-Executive - Independent DirectorChairperson
5Nomination and remuneration committeeMr. GOVERDHAN DASS SETHINon-Executive - Independent DirectorMember
6Nomination and remuneration committeeMrs. RADHIKA KHANDELWALNon-Executive - Non Independent DirectorMember
7Stakeholders Relationship CommitteeMrs. RADHIKA KHANDELWALNon-Executive - Non Independent DirectorChairperson
8Stakeholders Relationship CommitteeMr. RAM NATH KAROLNon-Executive - Independent DirectorMember
9Stakeholders Relationship CommitteeMr. GOVERDHAN DASS SETHINon-Executive - Independent DirectorMember



Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatoryTextual Information(1)
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)
117-05-2016
230-05-201612



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Textual Information(1)PARTICULARS OF BOARD MEETINGS: 01.Board meeting (15-02-2016) for Approval and Authentication of Unaudited Quarterly Financvial Results (UQFR) for the Quartyer ending on 31-12-2015 and Compliance Report on CorporateGovernance. 02.Board Meeting (22-02-2016) Modification of Charge with the HDFC Bank Limited 03.Board Meeting (22-032-2016) for Appointment of M/S Mahendra Khandelwal & Co., Practising Company Secretary as Secretarial Auditor of the Company, Appointment of M/S Ajay Khandelwal & Associates as Internal Auditor of the Company and Adoption and Execution of Uniform Listing Agreement 04. Board Meeting (31-03-2016) for Re-designation of Vikrtant Khandelwal as Chief Financial Officer from Dy. Chief Executive Officer Admn. & Purchase. 05. Board Meeting (17-05-2016) for the Appointment of Balvinder Singh Guleri as Company Secretary of the Company. 06. Board Meeting (30-05-2016) Approval and Adoption of Quarterly and Annualy Financial Results of the Company for the Quarter ending 31-03-2016 and financial year ending on 31-03-2016.



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory Textual Information(1)
SrName of CommitteeDate(s) of meeting of the committee in the relevant quarterWhether requirement of Quorum met (Yes/No)Requirement of Quorum met (details)Date(s) of meeting of the committee in the previous quarterMaximum gap between any two consecutive meetings (in number of days)
1Audit Committee30-05-2016YesMr. RAM NATH KAROL, Mr. GOVERDHAN DASS SETHI, Mrs. RADHIKA KHANDELWAL16-02-2016103
2Nomination and remuneration committee14-04-2016YesMr. RAM NATH KAROL, Mr. GOVERDHAN DASS SETHI, Mrs. RADHIKA KHANDELWAL31-03-201613



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Textual Information(1)FOLLOWING PARTICULARS REGARING COMMITTEE MEETINGS ARE: 01. STAKEHOLDER GRIEVANCE COMMITTEE: NO MEETING WAS HELD DURING THE QUARTER 01-04-2016 TO 30-06-2016 02. 02.AUDIT COMMITTEE: MEETING WAS HELD ON 30-05-2016, FOR THE APPROVAL AND ADOPTION OF FINANCIAL RESULTS FOR THE QUARTER ENDED 31-03-2016 AND FOR THE FINANCIAL YEAR ENDED ON 30-03-2016. 03. NOMINATION AND REMUNERATION COMMITTEE: MEETING WAS HELD ON 14-04-2016 FOR



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 CommitteeNA
Disclosure of notes on related party transactions Textual Information(1)
Disclosure of notes of material transaction with related partyTextual Information(2)



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Textual Information(1)THERE ARE SOME RELATED PARTY TRANSACTIONS TAKES PLACE DURING THE QUARTER: 1. REMUNERATION PAYBLE TO MADAN LAL KHANDELWAL (MANAGING DIRECTOR) Rs. 3,00,000/- 2. REMUNERATION PAYBLE TO NAVNEET KHANDELWAL (CEO) Rs.2,25,000/- 3. RENT PAYBLE TO NAVNEET KHANDELWAL Rs. 72 000/- 4. REMUNERATION PAYBLE TO VIKRANT KHANDEL (CFO) WAL Rs. 1,95,000/- 5. HAVING SALE TRANSACTION WITH UNIQUE TECHNO ASSOCIATES PVT. LTD. Rs. 4,72,017/-
Textual Information(2)THERE ARE SOME RELATED PARTY TRANSACTIONS TAKES PLACE DURING THE QUARTER: 1. REMUNERATION PAYBLE TO MADAN LAL KHANDELWAL (MANAGING DIRECTOR) Rs. 3,00,000/- 2. REMUNERATION PAYBLE TO NAVNEET KHANDELWAL (CEO) Rs.2,25,000/- 3. RENT PAYBLE TO NAVNEET KHANDELWAL Rs. 72 000/- 4. REMUNERATION PAYBLE TO VIKRANT KHANDEL (CFO) WAL Rs. 1,95,000/- 5. HAVING SALE TRANSACTION WITH UNIQUE TECHNO ASSOCIATES PVT. LTD. Rs. 4,72,017/-



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
9Any comments/observations/advice of Board of Directors may be mentioned here:Textual Information(1)



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Textual Information(1)NO COMMENTS/OBSERVATIONS/ADVICE HAS BEEN NOTIFIED BY THE BOARD OF DIRECTORS.



Signatory Details

Name of signatoryMADAN LAL KHANDELWAL
Designation of personManaging Director
PlaceJAIPUR
Date07-07-2016