General information about company | |
| Scrip code | 532740 |
| NSE Symbol | LOKESHMACH |
| MSEI Symbol | NOTLISTED |
| ISIN | INE397H01017 |
| Name of the entity | LOKESH MACHINES LIMITED |
| Date of start of financial year | 01-04-2022 |
| Date of end of financial year | 31-03-2023 |
| Reporting Quarter | Quarterly |
| Date of Report | 30-06-2022 |
| Risk management committee | Not Applicable |
| Market Capitalisation as per immediate previous Financial Year | Top 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 | Textual Information(1) | |||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | |||||||||||||||||||
| Whether Chairperson is related to MD or CEO | No | |||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 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 PAN | Notes for not providing DIN |
| 1 | Mr | M.LOKESWARA RAO | ADYPM4755H | 00989447 | Executive Director | Not Applicable | 11-02-1945 | NA | 28-09-2015 | 01-10-2021 | 1 | 0 | 0 | 0 | ||||||
| 2 | Mr | B. KISHORE BABU | ABDPB6621J | 00840630 | Executive Director | Not Applicable | 08-06-1956 | NA | 28-09-2015 | 01-10-2021 | 1 | 0 | 2 | 0 | ||||||
| 3 | Mr | M. SRINIVAS | ACIPM2614C | 00917565 | Executive Director | Not Applicable | 21-06-1968 | NA | 28-09-2015 | 01-10-2021 | 1 | 0 | 1 | 0 | ||||||
| 4 | Mr | M. SRIKRISHNA | ABKPM2769H | 00841388 | Executive Director | Not Applicable | 31-07-1971 | NA | 28-09-2015 | 01-10-2021 | 1 | 0 | 1 | 0 | ||||||
I. Composition of Board of Directors | ||||||||||||||||||||
Disclosure of notes on composition of board of directors explanatory | ||||||||||||||||||||
Whether the listed entity has a Regular Chairperson | ||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 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 PAN | Notes for not providing DIN |
| 5 | Mr | B.R MAHESH | ADQPM5932Q | 00810019 | Non-Executive - Independent Director | Chairperson | 16-06-1953 | NA | 30-09-2014 | 30-09-2019 | 93 | 1 | 1 | 1 | 1 | |||||
| 6 | Mr | R. MOHAN REDDY | ACUPR2390E | 00841038 | Non-Executive - Independent Director | Not Applicable | 20-07-1939 | Yes | 27-09-2019 | 30-09-2014 | 30-09-2019 | 20-05-2022 | 91 | 2 | 2 | 6 | 2 | |||
| 7 | Mr | D. BALAJI | AAKPB7570N | 01872392 | Non-Executive - Independent Director | Not Applicable | 06-01-1967 | NA | 14-08-2019 | 14-08-2019 | 35 | 1 | 1 | 2 | 1 | |||||
| 8 | Mr | K. KRISHNA SWAMY | AQDPK5414D | 00840887 | Non-Executive - Non Independent Director | Not Applicable | 25-12-1940 | Yes | 28-09-2021 | 28-09-2015 | 28-09-2021 | 1 | 0 | 0 | 0 | |||||
| 9 | Ms | M. LIKHITHA | BOPPM5662E | 08765043 | Non-Executive - Non Independent Director | Not Applicable | 11-01-1995 | NA | 18-06-2020 | 18-06-2020 | 1 | 0 | 0 | 0 | ||||||
Text Block | |
| Textual Information(1) | As per the requirement of SEBI LODR, the Company is required to appoint minimum three Independent Directors but due to the sudden demise of Mr. R. Mohan Reddy, Independent Director there is a vacancy of one Independent Director. The company is in the process of selecting a qualified Independent director and will appoint the same and comply with the Board Composition requirement under SEBI LODR within the time frame specified in the SEBI LODR. |
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00810019 | B.R MAHESH | Non-Executive - Independent Director | Chairperson | 30-09-2014 | ||
| 2 | 01872392 | D. BALAJI | Non-Executive - Independent Director | Member | 26-05-2022 | ||
| 3 | 00917565 | M. SRINIVAS | Executive Director | Member | 01-10-2018 | ||
| 4 | 00841038 | R. MOHAN REDDY | Non-Executive - Independent Director | Member | 30-09-2014 | 20-05-2022 | Textual Information(1) |
Sr Text Block | |
| Textual Information(1) | Mr. R. Mohan Reddy ceased to be a member of the Audit Committee due to his demise on May 20, 2022. |
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 01872392 | D. BALAJI | Non-Executive - Independent Director | Chairperson | 26-05-2022 | Textual Information(1) | |
| 2 | 00810019 | B.R MAHESH | Non-Executive - Independent Director | Member | 30-09-2014 | ||
| 3 | 08765043 | M. LIKHITHA | Non-Executive - Non Independent Director | Member | 26-05-2022 | ||
| 4 | 00841038 | R. MOHAN REDDY | Non-Executive - Independent Director | Member | 30-09-2014 | 20-05-2022 | Textual Information(2) |
Sr Text Block | |
| Textual Information(1) | Mr. D. Balaji was appointed as a member of the Nomination and Remuneration Committee on 04.03.2020 and was appointed as Chairman of the Nomination and Remuneration Committee on 26.05.2022 due to sudden demise of Mr. R Mohan Reddy, Independent Director. |
| Textual Information(2) | Mr. R. Mohan Reddy ceased to be a member of the Nomination & Remuneration Committee due to his demise on May 20, 2022. |
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 01872392 | D. BALAJI | Non-Executive - Independent Director | Chairperson | 26-05-2022 | ||
| 2 | 00840630 | B. KISHORE BABU | Executive Director | Member | 01-09-2018 | ||
| 3 | 00841388 | M. SRIKRISHNA | Executive Director | Member | 01-09-2018 | ||
| 4 | 00841038 | R. MOHAN REDDY | Non-Executive - Independent Director | Chairperson | 30-09-2014 | 20-05-2022 | Textual Information(1) |
Sr Text Block | |
| Textual Information(1) | Mr. R. Mohan Reddy ceased to be a member of the Stakeholders Relationship Committee due to his demise on May 20, 2022. |
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00810019 | B.R MAHESH | Non-Executive - Independent Director | Chairperson | 13-02-2020 | ||
| 2 | 00841038 | R. MOHAN REDDY | Non-Executive - Independent Director | Member | 13-02-2020 | 20-05-2022 | Textual Information(1) |
| 3 | 00989447 | M.LOKESWARA RAO | Executive Director | Member | 13-02-2020 | ||
| 4 | 00840630 | B. KISHORE BABU | Executive Director | Member | 13-02-2020 | ||
| 5 | 00917565 | M. SRINIVAS | Executive Director | Member | 13-02-2020 | ||
| 6 | 00841388 | M. SRIKRISHNA | Executive Director | Member | 13-02-2020 | ||
Sr Text Block | |
| Textual Information(1) | Mr. R. Mohan Reddy ceased to be a member of the Corporate Social Resoponsibility Committee due to his demise on May 20, 2022. |
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | ||||||||
IV. Meeting of Committees | ||||||||
| Disclosure of notes on meeting of committees explanatory | ||||||||
| Sr | Name of Committee | Date(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 committee | Reson for not providing date | Whether requirement of Quorum met (Yes/No) | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | Audit Committee | 14-02-2022 | Yes | 2 | 2 | |||
| 2 | Audit Committee | 26-05-2022 | 100 | Yes | 3 | 2 | ||
| 3 | Stakeholders Relationship Committee | 14-02-2022 | Yes | 2 | 1 | |||
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 | NA | |
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 500 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) | |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | M. Lokeswara Rao |
| 2 | Designation | Managing Director |
Text Block | |
| Textual Information(1) | As per the requirement of SEBI LODR, the Company is required to appoint minimum three Independent Directors but due to the sudden demise of Mr. R. Mohan Reddy, Independent Director there is a vacancy of one Independent Director. The company is in the process of selecting a qualified Independent director and will appoint the same and comply with the Board Composition requirement under SEBI LODR within the time frame specified in the SEBI LODR. |
Signatory Details | |
| Name of signatory | M. Lokeswara Rao |
| Designation of person | Managing Director |
| Place | Hyderabad |
| Date | 21-07-2022 |