General information about company | |
| Scrip code | 523232 |
| Name of the entity | CONTINENTAL PETROLEUMS LIMITED |
| Date of start of financial year | 01-04-2017 |
| Date of end of financial year | 31-03-2018 |
| Reporting Quarter | Quarterly |
| Date of Report | 31-12-2017 |
| Risk management committee | Not 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 explanatory | ||||||||||||||
| Is there any change in information of board of directors compare to previous quarter | Yes | |||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of appointment in the current term | Date of cessation | Tenure 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 |
| 1 | Mr | MADAN LAL KHANDELWAL | ABQPK1533K | 00414717 | Executive Director | Chairperson | MD | 01-04-2010 | 2 | 0 | 0 | Textual Information(2) | ||
| 2 | Mr | RAM NATH KAROL | ACBPK6413E | 00414741 | Non-Executive - Independent Director | Not Applicable | 28-01-2004 | 167 | 1 | 4 | 2 | Textual Information(3) | ||
| 3 | Mrs | RADHIKA KHANDELWAL | ACWPK8541N | 00414678 | Non-Executive - Non Independent Director | Not Applicable | 13-11-2010 | 1 | 4 | 1 | Textual Information(4) | |||
| 4 | Mr | GOVERDHAN DASS SETHI | AFEPS6086D | 01216222 | Non-Executive - Independent Director | Not Applicable | 29-09-2007 | 123 | 1 | 4 | 0 | Textual Information(5) | ||
Text Block | |
| Textual Information(1) | MADAN LAL KHANDELWAL IS A EXICUTIVE DIRECTOR, CHAIRMAN OF BOARD MEETINGS, AND HE IS MANAGING DIRECTOR OF THE COMPANY |
| Textual Information(2) | HE IS A NON EXECUTIVE AND INDEPENDENT DIRECTOR AND CHAIRPERSON OF AUDIT COMMITTEE AND SHARES TRANSFER COMMITTEE HE IS ALSO MEMBERS OF NOMINATION AND REMUNERATION COMMITTEE AND STAKE HOLDER COMMITTEE |
| Textual Information(3) | SHE IS A NON EXECUTIVE NON INDEPENDENT DIRECTOR AND SHE IS SHE IS ALSO A CHAIRPERSON IN A STAKE HOLDER COMMITTEE AND SHE IS MEMBERS OF AUDIT COMMITTEE, NOMINATION AND REMUNERATIN COMMITTEE AND SHARES TRANSFER COMMITTEE |
| Textual Information(4) | HE IS A NON EXECUTIVE AND INDEPENDENT DIRECTOR AND HE IS A MEMBERS OF AUDIT COMMITTEE, STAKE HOLDER COMMITTEE , NOMINATION AND REMUNERATION COMMITTEE AND SHARES TRANSFER COMMITTEE. |
Annexure 1 | |||||
II. Composition of Committees | |||||
| Disclosure of notes on composition of committees explanatory | Textual Information(1) | ||||
| Is there any change in information of committees compare to previous quarter | Yes | ||||
| Sr | Name Of Committee | Name of Committee members | Category 1 of directors | Category 2 of directors | Name of other committee |
| 1 | Audit Committee | GOVERDHAN DASS SETHI | Non-Executive - Independent Director | Member | |
| 2 | Audit Committee | RADHIKA KHANDELWAL | Non-Executive - Non Independent Director | Member | |
| 3 | Audit Committee | RAM NATH KAROL | Non-Executive - Independent Director | Chairperson | |
| 4 | Nomination and remuneration committee | GOVERDHAN DASS SETHI | Non-Executive - Independent Director | Member | |
| 5 | Nomination and remuneration committee | RADHIKA KHANDELWAL | Non-Executive - Non Independent Director | Member | |
| 6 | Nomination and remuneration committee | RAM NATH KAROL | Non-Executive - Independent Director | Chairperson | |
| 7 | Stakeholders Relationship Committee | GOVERDHAN DASS SETHI | Non-Executive - Independent Director | Member | |
| 8 | Stakeholders Relationship Committee | RADHIKA KHANDELWAL | Non-Executive - Non Independent Director | Chairperson | |
| 9 | Stakeholders Relationship Committee | RAM NATH KAROL | Non-Executive - Independent Director | Member | |
| 10 | Other Committee | GOVERDHAN DASS SETHI | Non-Executive - Independent Director | Member | Share Transfer Committee |
Annexure 1 | |||||
II. Composition of Committees | |||||
| Sr | Name Of Committee | Name of Committee members | Category 1 of directors | Category 2 of directors | Name of other committee |
| 11 | Other Committee | RADHIKA KHANDELWAL | Non-Executive - Non Independent Director | Member | Share Transfer Committee |
| 12 | Other Committee | RAM NATH KAROL | Non-Executive - Independent Director | Chairperson | Share Transfer Committee |
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| Textual Information(1) | PARTICULARS OF AUDIT COMMITTEE:
01. Mr. Ram Nath Karol is an Non-Executive-Independent Director He is also the Chairman of the Audit Committee
02. Mr. Goverdhan Dass Sethi is an Non-Executive-Independent Director He is also the member of Audit Committee
03. Mrs. Radhika Khandelwal is Non-Executive-Non Independent Director She is also the member of the Audit Committee
PARTICULARS OF NOMINATION AND REMUNERATION COMMITTEE:
01. Mr. Ram Nath Karol is an Non-Executive-Independent Director He is also the Chairman of the Nomination and Remuneration Committee
02. Mr. Goverdhan Dass Sethi is an Non-Executive-Independent Director He is also the member of Nomination and Remuneration Committee
03. Mrs. Radhika Khandelwal is Non-Executive-Non Independent Director She is also the member of the Nomination and Remuneration Committee
PARTICULARS OF STAKEHOLDERS RELATIONSHIP COMMITTEE:
01. Mrs. Radhika Khandelwal is Non-Executive-Non Independent Director She is also the Chairperson of the Stakeholders Relationship Committee
02. Mr. Ram Nath Karol is an Non-Executive-Independent Director He is also the member of the Stakeholders Relationship Committee
03. Mr. Goverdhan Dass Sethi is an Non-Executive-Independent Director He is also the member of Stakeholders Relationship Committee
ABOUT SHARE TRANSFER COMMITTEE: DETAILS OF SHARE TRANSFER COMMITTEE: This is hereby to inform you that, Company at its Board Mereting which was duly held at 04.04.2017 at its Registered Address of the Company, decided to constitute the Share Transfer Committee, a Committee of Members named Share Transfer Committee, consisting of Shri. Ram Nath Karol, Shri. Goverdhan Dass Sethi, and Smt. Radhika Khandelwal be and is hereby constituted to approve of registration of transfer of shares received by the company and to carry out the following:- 1. To approve transfer/transmission of shares both in physical and electronic form. 2. To sub-divide, consolidate and issue share certificates as recommended by Registrar and Share Transfer agent. 3. To authorize affixation of common seal of the company. 4. To issue Share Certificates in place of those which are damaged or in which the pages are completely exhausted provided the original certificates are surrendered to the company as recommended by Registrar and Share Transfer agent
PARTICULARS OF SHARES TRANSFER COMMITTEE :
01. Mr. Ram Nath Karol is an Non-Executive-Independent Director He is also the Chairperson and member of the Stakeholders Relationship Committee
02 Mrs. Radhika Khandelwal is Non-Executive-Non Independent Director She is also the Chairperson of the Stakeholders Relationship Committee
03. Mr. Goverdhan Dass Sethi is an Non-Executive-Independent Director He is also the member of Stakeholders Relationship Committee |
Annexure 1 | |||
Annexure 1 | |||
III. Meeting of Board of Directors | |||
| Disclosure of notes on meeting of board of directors explanatory | Textual Information(1) | ||
| Sr | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | Maximum gap between any two consecutive (in number of days) |
| 1 | 12-08-2017 | ||
| 2 | 30-08-2017 | 17 | |
| 3 | 14-11-2017 | 75 | |
| 4 | 29-11-2017 | 14 | |
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| Textual Information(1) | DETAILS OF BOARD MEETING
1. BOARD MEETING ON 12.08.2017
a) Approve and Confirm the previous Board Meeting Minutes b) Consider and Approve the proceedings of previous meeting of Audit Committee c) Consider and Approve the proceedings of Audit Committee d)Approve the Standalone Un-audited Financial Results for the Quarter ended 30th June, 2017 along with the Limited Review Report of Auditor e) Take the notes on Corpoarte Governance Report for the Quarter ended 30th June, 2017 f)Take the notes on Shareholding pattern for Quarter ended 30th June, 2017 g) Consider, Approve and take Notes of proceedings of Share Transfer Committee Meeting
2. BOARD MEETING ON 30.08.2017
Board at its meeting has consider and approve the Notice of 31st Annual General Meeting along with Director Report, which is to be held at 27th September, 2017 Further, board has also consider the E-voting period together with closing of Register of Members and share Transfer Books.
3. BOARD MEETING ON 14.11.2017
a) Approve and Confirm the previous Board Meeting Minutes dated 30-08-2017 b) Consider and Approve the proceedings of previous meeting of Audit Committee c) Consider and Approve the proceedings of Audit Committee d)Approve the Standalone Un-audited Financial Results for the Third Quarter and Half Year to be ended on 30th September, 2017 along with the Limited Review Report of Auditor e) Take the notes on Corpoarte Governance Report for the Quarter ended 30th September, 2017 f)Take the notes on Shareholding pattern for Quarter ended 30th September, 2017
4. BOARD MEETING ON 29.11.2017 a) Approve and Confirm the previous Board Meeting Minutes dated 14-11-2017 b) Board has Consider and Approve the resolution for taking Loan from HDFC Bank Limited c) Approve and Consider the General business of the Company
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Annexure 1 | |||||||
IV. Meeting of Committees | |||||||
| Disclosure of notes on meeting of committees explanatory | Textual Information(1) | ||||||
| Sr | Name of Committee | Date(s) of meeting of the committee in the relevant quarter | Whether requirement of Quorum met (Yes/No) | Requirement of Quorum met (details) | Date(s) of meeting of the committee in the previous quarter | Maximum gap between any two consecutive meetings (in number of days) | Name of other committee |
| 1 | Audit Committee | 14-11-2017 | Yes | MR. RAM NATH KAROL, MR GOVERDHAN DASS SETHI, MRS.RADHIKAKHANDELWAL | 12-08-2017 | 93 | |
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| Textual Information(1) | Audit Committee meeting was held on 14-11-2017, To Consider, Approve and take on records the un-audited financial results of the Company for the First Quarter to be ended on 30th September, 2017 together with the Limited Review Report of Auditor. |
Annexure 1 | |||
V. Related Party Transactions | |||
| Sr | Subject | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Whether prior approval of audit committee obtained | Yes | |
| 2 | Whether shareholder approval obtained for material RPT | Yes | |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | Yes | |
| Disclosure of notes on related party transactions | Textual Information(1) | ||
| Disclosure of notes of material transaction with related party | Textual Information(2) | ||
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| Textual Information(1) | Details of Related Party Transactions made during the Third Quarter to be ended on 31st Deecmber, 2017:
THERE ARE SOME RELATED PARTY TRANSACTIONS TAKES PLACE DURING THE QUARTER OF OCTOBER TO DECEMBER: 1. REMUNERATION PAYBLE TO MADAN LAL KHANDELWAL (MANAGING DIRECTOR) Rs. 3,00,000/- 2. REMUNERATION PAYBLE TO NAVNEET KHANDELWAL Rs. 3,00,000/- 3. RENT PAYBLE TO NAVNEET KHANDELWAL Rs. 72,000/- 4. INTEREST PAID TO NAVNEET KHANDELWAL 58,1371/- 5. REMUNERATION PAYBLE TO VIKRANT KHANDEL (CFO) WAL Rs. 2,70,000/- 6. HAVING SALE AND PURCHASE TRANSACTION WITH UNIQUE TECHNO ASSOCIATES PVT. LTD. Rs. /- 26,26,737 7. INTEREST PAID TO RADHIKA KHANDELWAL Rs. 1,62,000/-
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| Textual Information(2) | Details of Related Party Transactions made during the Second Quarter to be ended on 30th December, 2017:
THERE ARE SOME RELATED PARTY TRANSACTIONS TAKES PLACE DURING THE QUARTER OF JULY TO SEPTEMBER: 1. REMUNERATION PAYBLE TO MADAN LAL KHANDELWAL (MANAGING DIRECTOR) Rs. /- 2. REMUNERATION PAYBLE TO NAVNEET KHANDELWAL Rs. /- 3. RENT PAYBLE TO NAVNEET KHANDELWAL Rs. /- 4. REMUNERATION PAYBLE TO VIKRANT KHANDEL (CFO) WAL Rs. /- 5. HAVING SALE AND PURCHASE TRANSACTION WITH UNIQUE TECHNO ASSOCIATES PVT. LTD. Rs. /- |
Annexure 1 | |||
VI. Affirmations | |||
| Sr | Subject | Compliance status (Yes/No) | |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | Yes | |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | Yes | |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | Yes | |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | Yes | |
| 5 | The 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 | |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes | |
| 7 | 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) Regulations, 2015. | Yes | |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes | |
| 9 | Any comments/observations/advice of Board of Directors may be mentioned here: | Textual Information(1) | |
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| Textual Information(1) | There is no comments/observations/advices of Board of Directors are there |
Signatory Details | |
| Name of signatory | MADAN LAL KHANDELWAL |
| Designation of person | Managing Director |
| Place | JAIPUR |
| Date | 04-01-2018 |