General information about company

Scrip code

500012

Name of the entity

The Andhra Petrochemicals Limited

Date of start of financial year

01-04-2016

Date of end of financial year

31-03-2017

Reporting Quarter

Yearly

Date of Report

31-03-2017

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

No



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 quarter

No



Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory

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

26-10-2016

2

11-02-2017

107



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory

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

11-02-2017

Yes

Necessary quorum was present

26-10-2016

107

2

Nomination and remuneration committee

11-02-2017

Yes

Necessary quorum was present

26-10-2016

107

3

Stakeholders Relationship Committee

17-01-2017

Yes

Necessary quorum was present

13-10-2016

95



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

NA

3

Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee

Yes



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)



Text Block

Textual Information(1)

Quarterly Compliance Report on Corporate Governance for the Quarter ended 31.12.2016 has been placed before the Board of Directors Meeting held on 11.2.2017 and the same was noted by the Board.



Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

Sr

Item

Compliance status (Yes/No/NA)

If status is “No” details of non-compliance may be given here.

Web address

1

Details of business

Yes

www.andhrapetrochemicals.com

2

Terms and conditions of appointment of independent directors

Yes

www.andhrapetrochemicals.com

3

Composition of various committees of board of directors

Yes

www.andhrapetrochemicals.com

4

Code of conduct of board of directors and senior management personnel

Yes

www.andhrapetrochemicals.com

5

Details of establishment of vigil mechanism/ Whistle Blower policy

Yes

www.andhrapetrochemicals.com

6

Criteria of making payments to non-executive directors

NA

7

Policy on dealing with related party transactions

Yes

www.andhrapetrochemicals.com

8

Policy for determining ‘material’ subsidiaries

NA

9

Details of familiarization programmes imparted to independent directors

Yes

www.andhrapetrochemicals.com



Annexure II

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of Listing Regulations

Sr

Item

Compliance status (Yes/No/NA)

If status is “No” details of non-compliance may be given here.

Web address

10

Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances

No

Company Secretary has resigned

11

email address for grievance redressal and other relevant details

Yes

www.andhrapetrochemicals.com

12

Financial results

Yes

www.andhrapetrochemicals.com

13

Shareholding pattern

Yes

www.andhrapetrochemicals.com

14

Details of agreements entered into with the media companies and/or their associates

NA

15

New name and the old name of the listed entity

NA



Annexure II

II. Annual Affirmations

Sr

Particulars

Regulation Number

Compliance status (Yes/No/NA)

If status is “No” details of non-compliance may be given here.

1

Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’

16(1)(b) & 25(6)

Yes

2

Board composition

17(1)

Yes

3

Meeting of Board of directors

17(2)

Yes

4

Review of Compliance Reports

17(3)

Yes

5

Plans for orderly succession for appointments

17(4)

Yes

6

Code of Conduct

17(5)

Yes

7

Fees/compensation

17(6)

Yes

8

Minimum Information

17(7)

Yes

9

Compliance Certificate

17(8)

Yes

10

Risk Assessment & Management

17(9)

Yes



Annexure II

II. Annual Affirmations

Sr

Particulars

Regulation Number

Compliance status (Yes/No/NA)

If status is “No” details of non-compliance may be given here.

11

Performance Evaluation of Independent Directors

17(10)

Yes

12

Composition of Audit Committee

18(1)

Yes

13

Meeting of Audit Committee

18(2)

Yes

14

Composition of nomination & remuneration committee

19(1) & (2)

Yes

15

Composition of Stakeholder Relationship Committee

20(1) & (2)

Yes

16

Composition and role of risk management committee

21(1),(2),(3),(4)

NA

17

Vigil Mechanism

22

Yes

18

Policy for related party Transaction

23(1),(5),(6),(7) & (8)

Yes

19

Prior or Omnibus approval of Audit Committee for all related party transactions

23(2), (3)

Yes

20

Approval for material related party transactions

23(4)

Yes



Annexure II

II. Annual Affirmations

Sr

Particulars

Regulation Number

Compliance status (Yes/No/NA)

If status is “No” details of non-compliance may be given here.

21

Composition of Board of Directors of unlisted material Subsidiary

24(1)

NA

22

Other Corporate Governance requirements with respect to subsidiary of listed entity

24(2),(3),(4),(5) & (6)

NA

23

Maximum Directorship & Tenure

25(1) & (2)

Yes

24

Meeting of independent directors

25(3) & (4)

Yes

25

Familiarization of independent directors

25(7)

Yes

26

Memberships in Committees

26(1)

Yes

27

Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel

26(3)

Yes

28

Disclosure of Shareholding by Non-Executive Directors

26(4)

Yes

29

Policy with respect to Obligations of directors and senior management

26(2) & 26(5)

Yes

Any other information to be provided - Add Notes






Annexure II

III. Affirmations

Sr

Particulars

Compliance status (Yes/No/NA)

1

The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied

NA

Any other information to be provided






Signatory Details

Name of signatory

Dr B B Ramaiah

Designation of person

Managing Director

Place

Venkatarayapuram

Date

07-04-2017




General information about company

Scrip code

500012

Name of the entity

THE ANDHRA PETROCHEMICALS LIMITED

Date of start of financial year

01-04-2016

Date of end of financial year

31-03-2017

Reporting Quarter

Quarterly

Date of Report

31-12-2016

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

M R B Punja

AAJPP8836G

00007228

Non-Executive - Independent Director

Chairperson

12-09-2014

60

2

2

0

2

Mr

Dr B B Ramaiah

AARPB2772K

00015061

Executive Director

Not Applicable

MD

12-11-2016

2

0

0

3

Mr

A A Krishnan

AACPK8296L

00086374

Non-Executive - Independent Director

Not Applicable

12-09-2014

60

2

1

1

4

Mr

Surinder Kumar Kapoor

AJDPK9481H

03058069

Non-Executive - Independent Director

Not Applicable

12-09-2014

60

1

1

0



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

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

5

Mr

P Narendranath Chowdary

AATPP2608J

00015764

Non-Executive - Non Independent Director

Not Applicable

29-09-2015

3

3

1

6

Mr

Mullapudi Thimmaraja

AAHPT1426A

00016711

Non-Executive - Non Independent Director

Not Applicable

29-09-2015

3

3

0

7

Mrs

D Manjulatha

ACGPD0066R

02788338

Non-Executive - Independent Director

Not Applicable

29-09-2015

60

3

0

0

8

Mrs

Y V Anuradha, I.A.S.

ACVPA8256B

07097311

Non-Executive - Nominee Director

Not Applicable

29-09-2016

1

0

0



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

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

9

Mr

Kartikeya Misra, I.A.S.

ANKPM3975D

06440653

Non-Executive - Nominee Director

Not Applicable

26-10-2016

2

0

0

10

Mr

Animesh Kumar Sinha

BCZPS5884E

07483218

Non-Executive - Nominee Director

Not Applicable

05-04-2016

1

0

0

11

Mr

Ravi Pendyala

AGIPP4789R

03375555

Non-Executive - Non Independent Director

Not Applicable

29-09-2016

1

2

0

12

Mr

V N Rao

AAVPV3445R

00861884

Non-Executive - Non Independent Director

Not Applicable

26-10-2016

1

1

0



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

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

13

Mr

B Sreedhar, I.A.S.

ADHPB1260F

02591298

Non-Executive - Nominee Director

Not Applicable

29-09-2016

18-10-2016

3

0

0



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 quarter

No



Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory

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

11-08-2016

2

26-10-2016

75



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory

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

26-10-2016

Yes

Necessary quorum was present

11-08-2016

75

2

Nomination and remuneration committee

26-10-2016

Yes

Necessary quorum was present

11-08-2016

75

3

Stakeholders Relationship Committee

13-10-2016

Yes

Necessary quorum was present

25-07-2016

79



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

NA

3

Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee

Yes



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)



Text Block

Textual Information(1)

Quarterly Compliance Report on Corporate Governance for the Quarter ended 30.9.2016 has been placed before the Board of Directors Meeting held on 26.10.2016 and the same was noted by the Board.



Signatory Details

Name of signatory

Dr B B Ramaiah

Designation of person

Managing Director

Place

Venkatarayapuram

Date

10-01-2017