General information about company

Scrip code538923
Name of the entitySofcom Systems Ltd
Date of start of financial year01-04-2016
Date of end of financial year31-03-2017
Reporting QuarterYearly
Date of Report31-03-2017
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 information of board of directors compare to previous quarterNo



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 quarterNo



Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
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)
112-11-2016
209-02-201788



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)Name of other committee
1Audit Committee09-02-2017YesAll the members participated in meeting11-11-201689



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Textual Information(1)

9-2-2017

Meeting of audit committee held on February 09, 2017, inter alia, to consider, approve and take on record the Standalone Unaudited Financial Results of the Company for the Third quarter ended on December 31, 2016 along with the limited review report of the auditors.




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 CommitteeNoseparate approval taken for individual transaction by audit committee
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)

KISHORE MEHTA

 Details of related party transactions for the period 1 Jan 2017 to 31 March 2017

 

1-1-2017            By Opening Balance                                                    8,51,506.00

30-1-2017             By Incometax Deducted at Source                Journal   27,069.00

21-2-2017             By Legal & Professional Charges                  Journal     6,600.00

31-3-2017             By Office Rent                                               Journal       30,000.00

 

 

Abok Spring Pvt. Ltd

Details of related party transactions for the period 1 Jan 2017 to 31 March 2017

 

1-1-2017                To Opening Balance                                       62,34,770.00

17-1-2017                    By Kotak Mahindra Bank Receipt                          3,500.00

                             By Kotak Mahindra Bank Receipt                           2,000.00

18-1-2017                    By Kotak Mahindra Bank Receipt                           20,000.00

20-1-2017                     By Kotak Mahindra Bank Receipt                           20,000.00

30-3-2017                     By State Bank of India 34355292452 Receipt    16,60,000.00

Textual Information(2)

KISHORE MEHTA

 Details of related party transactions for the period 1 Jan 2017 to 31 March 2017

 

1-1-2017            By Opening Balance                                                    8,51,506.00

30-1-2017             By Incometax Deducted at Source                Journal   27,069.00

21-2-2017             By Legal & Professional Charges                  Journal     6,600.00

31-3-2017             By Office Rent                                               Journal       30,000.00

 

 

Abok Spring Pvt. Ltd

Details of related party transactions for the period 1 Jan 2017 to 31 March 2017

 

1-1-2017                To Opening Balance                                       62,34,770.00

17-1-2017                    By Kotak Mahindra Bank Receipt                          3,500.00

                             By Kotak Mahindra Bank Receipt                           2,000.00

18-1-2017                    By Kotak Mahindra Bank Receipt                           20,000.00

20-1-2017                     By Kotak Mahindra Bank Receipt                           20,000.00

30-3-2017                     By State Bank of India 34355292452 Receipt    16,60,000.00




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



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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

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
1Details of businessYeshttp://www.sofcomsystems.com/company.html
2Terms and conditions of appointment of independent directorsYeshttp://www.sofcomsystems.com/investor.html
3Composition of various committees of board of directorsYeshttp://www.sofcomsystems.com/management.html
4Code of conduct of board of directors and senior management personnelYeshttp://www.sofcomsystems.com/docs/CodeOfConduct.pdf
5Details of establishment of vigil mechanism/ Whistle Blower policyYeshttp://www.sofcomsystems.com/docs/Sofcom_VigilMechPolicy16.pdf
6Criteria of making payments to non-executive directorsYeshttp://www.sofcomsystems.com/docs/InformationMemorandum.pdf
7Policy on dealing with related party transactionsYeshttp://www.sofcomsystems.com/docs/Sofcom_RPT_Policy16.pdf
8Policy for determining ‘material’ subsidiariesNA
9Details of familiarization programmes imparted to independent directorsNA



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

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
10Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeshttp://www.sofcomsystems.com/investor.html
11email address for grievance redressal and other relevant detailsYeshttp://www.sofcomsystems.com/investor.html
12Financial resultsYeshttp://www.sofcomsystems.com/investor.html
13Shareholding patternYeshttp://www.sofcomsystems.com/investor.html
14Details of agreements entered into with the media companies and/or their associatesNA
15New name and the old name of the listed entityNA



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’16(1)(b) & 25(6)Yes
2Board composition17(1)Yes
3Meeting of Board of directors17(2)Yes
4Review of Compliance Reports17(3)Yes
5Plans for orderly succession for appointments17(4)Yes
6Code of Conduct17(5)Yes
7Fees/compensation17(6)Yes
8Minimum Information17(7)Yes
9Compliance Certificate17(8)Yes
10Risk Assessment & Management17(9)Yes



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
11Performance Evaluation of Independent Directors17(10)Yes
12Composition of Audit Committee18(1)Yes
13Meeting of Audit Committee18(2)Yes
14Composition of nomination & remuneration committee19(1) & (2)Yes
15Composition of Stakeholder Relationship Committee20(1) & (2)Yes
16Composition and role of risk management committee21(1),(2),(3),(4)NA
17Vigil Mechanism22Yes
18Policy for related party Transaction23(1),(5),(6),(7) & (8)Yes
19Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)Noseparate approval taken for individual transaction by audit committee
20Approval for material related party transactions23(4)NA



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Composition of Board of Directors of unlisted material Subsidiary24(1)NA
22Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)NA
23Maximum Directorship & Tenure25(1) & (2)Yes
24Meeting of independent directors25(3) & (4)Yes
25Familiarization of independent directors25(7)NA
26Memberships in Committees26(1)Yes
27Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
28Disclosure of Shareholding by Non-Executive Directors26(4)Yes
29Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
Any other information to be provided - Add Notes






Annexure II

III. Affirmations

SrParticularsCompliance status (Yes/No/NA)
1The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been compliedNA
Any other information to be provided






Signatory Details

Name of signatoryANSHU KANOONGO
Designation of personCompany Secretary
PlaceJAIPUR
Date14-04-2017