General information about company

Scrip code538923
Name of the entitySOFCOM SYSTEMS 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 explanatory
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
1MrsASHA MEHTAAEOPM4917J00043841Non-Executive - Non Independent DirectorNot ApplicableShareholder Director19-03-2014100Textual Information(1)
2MrKISHORE MEHTAAEOPM4918H00043865Executive DirectorChairpersonMD09-06-1995100Textual Information(2)
3MrARNAB BANERJEEADPPB7486H00858108Non-Executive - Independent DirectorNot Applicable26-03-1999207120Textual Information(3)
4MrNAWRATAN MALL MEHTAADUPM4103B00858126Non-Executive - Non Independent DirectorNot Applicable15-09-2008100Textual Information(4)



Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

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
5MrKRISHNANAND PARMANAND PANTAJSPP1357Q06844490Non-Executive - Independent DirectorNot Applicable19-03-201427122Textual Information(5)
6MrSANJAY KUMAR VERMAABLPV4193P06844513Non-Executive - Independent DirectorNot Applicable19-03-201427120Textual Information(6)



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Textual Information(1)ASHA MEHTA was appointed as non-executive non-independent director as on 19-03-2014 and also a shareholder in the company.
Textual Information(2)KISHORE MEHTA was appointed as Executive Director of the company as on 09-06-1995 and he is also chairman and managing director of the company.
Textual Information(3)ARNAB BANERJEE was appointed as non-executive independent director of the company as on 26-03-1999 and member in Audit committee, Nomination & Ramuneration committee and Stakeholder's Relationship committee
Textual Information(4)NAWRATAN MALL MEHTA was appointed as non executive non independent director as on 15-09-2008
Textual Information(5)KRISHNANAND PARMANAND PANT was appointed as non-executive independent director as on 19-03-2014 and chairman of Audit committee, Nomination and Ramuneration committee and Stakeholder's Relationship committee.
Textual Information(6)SANJAY KUMAR VERMA was appointed as non-executive independent director as on 19-03-2014 and member in Audit committee, Nomination & Ramuneration committee and Stakeholder's Relationship committee.



Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatoryTextual Information(1)
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 CommitteeKRISHNANAND PARMANAND PANTNon-Executive - Independent DirectorChairperson
2Audit CommitteeSANJAY KUMAR VERMANon-Executive - Independent DirectorMember
3Audit CommitteeARNAB BANERJEENon-Executive - Independent DirectorMember
4Nomination and remuneration committeeKRISHNANAND PARMANAND PANTNon-Executive - Independent DirectorChairperson
5Nomination and remuneration committeeSANJAY KUMAR VERMANon-Executive - Independent DirectorMember
6Nomination and remuneration committeeARNAB BANERJEENon-Executive - Independent DirectorMember
7Stakeholders Relationship CommitteeKRISHNANAND PARMANAND PANTNon-Executive - Independent DirectorChairperson
8Stakeholders Relationship CommitteeSANJAY KUMAR VERMANon-Executive - Independent DirectorMember
9Stakeholders Relationship CommitteeARNAB BANERJEENon-Executive - Independent DirectorMember



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Textual Information(1)(I) Audit Committee: Composition Category of Director (1) Krishnanand Parmanand Pant (Chairman) Non-Executive Independent Director (2) Sanjay Kumar Verma (Member) Non-Executive Independent Director (3) Arnab Banerjee (Member) Non-Executive Independent Director (II) Shareholders Grievance Committee: Composition Category of Director (1) Krishnanand Parmanand Pant (Chairman) Non-Executive Independent Director (2) Sanjay Kumar Verma (Member) Non-Executive Independent Director (3) Arnab Banerjee (Member) Non-Executive Independent Director (III) Remuneration Committee: Composition Category of Director (1) Krishnanand Parmanand Pant (Chairman) Independent Director (2) Sanjay Kumar Verma (Member) Independent Director (3) Arnab Banerjee (Member) Independent Director



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)
112-02-2016
226-02-201613
302-03-20164
407-03-20164
531-03-201623
628-05-201657
717-06-201619



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Textual Information(1)Meetings of Board of Directors as Follows:- 1. First Meeting in the Previous Quarter i.e January to March, 2016 was held on 12-02-2016 and last meeting in the Last Quarter was held on 10-11-2015 (time gap between these two consecutive meetings was of 94 Days). 2. Second Meeting in the Previous Quarter was held on 26-02-2016 relating to approval of listing agreement(time gap between these two consecutive meetings was of14 Days). 3.Third Meeting in the Previous Quarter was held on 02-03-2016 relating to Appointment of Company Secretary (time gap between these two consecutive meetings was of 5 Days). 4. Fourth Meeting in the Previous Quarter was held on 07-03-2016 relating to Appointment of Secretarial Auditor and Internal Auditor (time gap between these two consecutive meetings was of 5 Days). 5. Fifth Meeting in the Previous Quarter was held on 31-03-2016 relating to Appointment of Chief Financial officer of the Company (time gap between these two consecutive meetings was of 24 Days). 6.First Meeting of the current quarter was held on 28-05-2016, regarding Adoption of Annual Accounts for Financial Year ended 31st march 2016 ( time gap between these two consecutive meeting was of 28 Days). 7. Second Meeting of the current quarter was held on 17-06-2016, ragarding Resignation of Mr. Anil Nahar, from the Designation of CFO of the Company and appointment of Mr. Hari Om Vijay, as CFO of the Company ( time gap between these two consecutive meeting was of 20 days)



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 Committee28-05-2016YesAll members were present12-02-2016105



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Textual Information(1)Audit committee meeting was held on 28 may 2016 and audit committee meeting in last quarter was held on 12 february 2016 ( time gap between two consecutive meeting be 105 days)



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)No related party transaction was entered during the current quarter.
Textual Information(2)No material related party transaction was entered during the current quarter.



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 further comments/observations/ advice was given by Board of Directors



Signatory Details

Name of signatoryAnshu Kanoongo
Designation of personCompany Secretary
PlaceJAIPUR
Date05-07-2016