Dear Sir\Madam,
Please find below Frequently asked questions (FAQs) on Corporate Governance while submitting Corporate Governance XBRL utility at Exchange for the Quarter ended 30th September 2022.
1. What is to be mentioned in the table Annexure 1- Meeting of Board of Directors in the field of ‘Total Number of Directors as on date of the meeting’?
Reply: Under the heading ‘Total Number of Directors as on date of the meeting’ listed entity shall provide Total Number of Directors forming part of the Board as on the date of meeting.
2. What is to be mentioned in the table Annexure 1- Meeting of Committees
a. In the field of ‘Total Number of Directors as on date of the meeting’
Reply: Under the heading ‘Total Number of Directors as on date of the meeting’ listed entity shall provide Total Number of Directors forming part of Committee as on the date of meeting.
b. In the field of ‘Number of Directors (All directors including Independent Directors)’
Reply: Under the heading ‘Number of Directors (All directors including Independent Directors)’ listed entity shall provide Total Number of Directors Forming Part of the committee as on the date of Meeting and were present in the meeting.
c. In the field of ‘Number of Members attending the Meeting (Other than Board of Directors)’
Reply: Details in the field of ‘Number of Members attending the Meeting (Other than Board of Directors)’ are required to be provided for Risk Management Committee only.
For other Committees (i.e Audit committee / Stakeholders relationship committee / Nomination and Remuneration Committee), kindly mention “0”.
For Eg: If the Risk Management Committee of the company ABC Ltd. comprises of 4 members and out of 4 members 3 are Directors i.e forming the part of the Board of Directors and 1 is a non-Board member, then in the column of “Number of Members attending the Meeting (Other than Board of Directors)” details of non-Board member(s) shall be mentioned i.e. 1.
Further, we shall be providing below mentioned notes at the end of the FAQs available to the companies.
Note – Below mentioned new Columns have been introduced for the submission from Sep 30, 2022, quarter onwards.
· Annexure I - Composition of Board of Directors
Ø Disqualification of Directors under section 164 of the Companies Act, 2013
Ø Whether the director is disqualified?
Ø Start Date of disqualification
Ø End Date of disqualification
Ø Details of disqualification
· Annexure I - Meeting of Board of Directors
Ø Total Number of Directors as on date of the meeting
· Annexure I - Meeting of Committees
Ø Total Number of Directors as on date of the meeting
Ø Number of Members attending the Meeting (Other than Board of Directors) – Mandatory for Risk Management Committee only.
All Listed companies are requested to take note and comply accordingly.
|
Ashok Kumar Singh
DGM-Listing Compliance
|
|
Shyam Bhagirath
Manager-Listing Compliance
|
|