HEG : Report on Corporate Governance for the quarter ended 31st December, 2021

General information about company

	Scrip code	509631
	NSE Symbol	HEG
	MSEI Symbol	NOTLISTED
	ISIN	INE545A01016
	Name of the entity	HEG LIMITED
	Date of start of financial year	01-04-2021
	Date of end of financial year	31-03-2022
	Reporting Quarter	Quarterly
	Date of Report	31-12-2021
	Risk management committee	Applicable
	Market Capitalisation as per
	immediate previous Financial
	Year	Top 500 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

Whether the listed entity has a Regular Chairperson

Yes

Whether Chairperson is related to MD or CEO

Yes

Number of memberships in Audit/

No of post of Chairperson in Audit/

Category 1 of directors

Category 2 of directors

Category 3 of

Whether special

No of Directorship in listed

No of Independent Directorship in

Stakeholder Committee(s)

Stakeholder Committee held in listed

directors

resolution passed?

Date of

Tenure of

entities including this listed

listed entities including this listed

including this listed entity (Refer

entities including this listed entity

[Refer Reg. 17(1A) of

passing special

Initial Date of

Date of Re-

Date of

director (in

entity (Refer Regulation 17A

entity (Refer Regulation 17A(1) of

Regulation 26(1) of Listing

(Refer Regulation 26(1) of Listing

Notes for not

Notes for not

Sr

Title (Mr / Ms)

Name of the Director

PAN

DIN

Date of Birth

Listing Regulations]

resolution

appointment

appointment

cessation

months)

of Listing Regulations)

Listing Regulations

Regulations)

Regulations)

providing PAN

providing DIN

1

Mr

RAVI JHUNJHUNWALA

AAGPJ0739D

60972

Executive Director

Chairperson related to Promoter

CEO-MD

28-10-1955

NA

08-09-1979

13-02-2019

6

2

6

2

2

Mr

RIJU JHUNJHUNWALA

AAKPJ4377M

61060

Independent Director

Not Applicable

13-01-1979

NA

30-04-2009

30-04-2009

3

0

2

1

3

Mr

SHEKHAR AGARWAL

AAEPA6590M

66113

Independent Director

Not Applicable

09-10-1952

NA

15-07-1996

15-07-1996

5

0

4

0

4

Mr

KAMAL GUPTA

AAHPG1101F

38490

Independent Director

Not Applicable

12-02-1946

Yes

20-08-2019

30-08-2014

30-08-2019

88

3

3

9

4

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether the listed entity has a Regular Chairperson

Number of memberships in Audit/

No of post of Chairperson in Audit/

Whether special

No of Directorship in listed

No of Independent Directorship in

Stakeholder Committee(s)

Stakeholder Committee held in listed

resolution passed?

Date of

Tenure of

entities including this listed

listed entities including this listed

including this listed entity (Refer

entities including this listed entity

Category 3 of

[Refer Reg. 17(1A) of

passing special

Initial Date of

Date of Re-

Date of

director (in

entity (Refer Regulation 17A

entity (Refer Regulation 17A(1) of

Regulation 26(1) of Listing

(Refer Regulation 26(1) of Listing

Notes for not

Notes for not

Sr

Title (Mr / Ms)

Name of the Director

PAN

DIN

Category 1 of directors

Category 2 of directors

directors

Date of Birth

Listing Regulations]

resolution

appointment

appointment

cessation

months)

of Listing Regulations)

Listing Regulations

Regulations)

Regulations)

providing PAN

providing DIN

5

Ms

VINITA SINGHANIA

AJWPS3242B

42983

Independent Director

Not Applicable

12-03-1952

NA

31-10-2018

31-10-2018

5

0

0

0

6

Mr

SATISH CHAND MEHTA

AAOPM7409D

2460558

Independent Director

Not Applicable

02-09-1955

NA

23-06-2016

23-06-2021

66

1

1

1

1

7

Ms

RAMNI NIRULA

AAJPB9085B

15330

Independent Director

Not Applicable

27-05-1952

NA

31-10-2018

31-10-2018

38

5

5

3

0

8

Mr

JAYANT DAVAR

AAAPD3207A

100801

Independent Director

Not Applicable

18-10-1961

NA

14-08-2019

14-08-2019

29

3

2

3

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

Number of memberships in Audit/

No of post of Chairperson in Audit/

Whether special

No of Directorship in listed

No of Independent Directorship in

Stakeholder Committee(s)

Stakeholder Committee held in listed

resolution passed?

Date of

Tenure of

entities including this listed

listed entities including this listed

including this listed entity (Refer

entities including this listed entity

Category 3 of

[Refer Reg. 17(1A) of

passing special

Initial Date of

Date of Re-

Date of

director (in

entity (Refer Regulation 17A

entity (Refer Regulation 17A(1) of

Regulation 26(1) of Listing

(Refer Regulation 26(1) of Listing

Notes for not

Notes for not

Sr

Title (Mr / Ms)

Name of the Director

PAN

DIN

Category 1 of directors

Category 2 of directors

directors

Date of Birth

Listing Regulations]

resolution

appointment

appointment

cessation

months)

of Listing Regulations)

Listing Regulations

Regulations)

Regulations)

providing PAN

providing DIN

9

Mr

MANISH GULATI

AANPG4213E

8697512

Executive Director

Not Applicable

29-07-1969

NA

01-03-2020

01-03-2020

1

0

0

0

10

Mr

DAVINDER KUMAR CHUGH

AJTPC1860A

9020244

Independent Director

Not Applicable

20-07-1956

NA

11-08-2021

11-08-2021

5

2

1

2

0

Audit Committee Details

		Whether the Audit Committee has a Regular Chairperson	Yes
Sr	DIN Number	members	directors	2 of	Date of Appointment	Date of Cessation	Remarks
1	2460558	SATISH CHAND MEHTA	Independent Director	on	01-08-2018
			Non-Executive - Non
2	66113	SHEKHAR AGARWAL	Independent Director	Member	28-10-2010
3	38490	KAMAL GUPTA	Independent Director	Member	25-10-2002
4	9020244	DAVINDER KUMAR CHUGH	Independent Director	Member	11-08-2021

Nomination and remuneration committee

	Whether the Nomination and remuneration committee has a Regular Chairperson	Yes
Sr	DIN Number	members	directors	2 of	Date of Appointment	Date of Cessation	Remarks
1	38490	KAMAL GUPTA	Independent Director	on	12-11-2014
2	15330	RAMNI NIRULA	Independent Director	Member	14-08-2019
3	9020244	DAVINDER KUMAR CHUGH	Independent Director	Member	11-08-2021

Stakeholders Relationship Committee
	Whether the Stakeholders Relationship Committee has a Regular Chairperson	Yes
Sr	DIN Number	members	directors	2 of	Date of Appointment	Date of Cessation	Remarks
			Non-Executive - Non	Chairpers
1	61060	RIJU JHUNJHUNWALA	Independent Director	on	21-04-2014
2	60972	RAVI JHUNJHUNWALA	Executive Director	Member	21-04-2014
3	38490	KAMAL GUPTA	Independent Director	Member	21-04-2014
4	9020244	DAVINDER KUMAR CHUGH	Independent Director	Member	11-08-2021
Risk Management Committee
	Whether the Risk Management Committee has a Regular Chairperson	Yes
Sr	DIN Number	members	directors	2 of	Date of Appointment	Date of Cessation	Remarks
1	60972	RAVI JHUNJHUNWALA	Executive Director	on	31-10-2018
2	38490	KAMAL GUPTA	Independent Director	Member	31-10-2018
3	15330	RAMNI NIRULA	Independent Director	Member	31-10-2018
Corporate Social Responsibility Committee
	Whether the Corporate Social Responsibility Committee has a Regular Chairperson	Yes
Sr	DIN Number	members	directors	2 of	Date of Appointment	Date of Cessation	Remarks
1	60972	RAVI JHUNJHUNWALA	Executive Director	on	30-07-2014
			Non-Executive - Non
2	42983	VINITA SINGHANIA	Independent Director	Member	30-07-2014
3	2460558	SATISH CHAND MEHTA	Independent Director	Member	12-02-2019
Other Committee
Sr	DIN Number	members	committee	1 of	Category 2 of directors	Remarks
			Annexure 1
Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors
	meeting (if any) in		between any two	not	Whether requirement	Number of Directors present* (All	Independent
	the previous	Date(s) of meeting (if any) in	consecutive (in	providing	of Quorum met	directors including Independent	Directors
Sr	quarter	the current quarter	number of days)	Date	(Yes/No)	Director)	attending the
1	11-08-2021				Yes	10	5
2		09-11-2021	89		Yes	10	5
				Annexure 1
IV. Meeting of Committees
					Disclosure of notes on meeting of committees explanatory
		dates of Previous quarter	between any two	other			Directors	Independent
	Name of	and Current quarter in	consecutive (in	committe	Reson for not providing	Whether requirement of Quorum	present* (All	Directors
Sr	Committee	chronological order)	number of days)	e	date	met (Yes/No)	directors including	attending the
1	Audit Committee	11-08-2021				Yes	4	3
2	Audit Committee	09-11-2021	89			Yes	4	3
	remuneration
3	committee	11-08-2021				Yes	3	3
4	Relationship	27-08-2021				Yes	3	1
5	Relationship	10-12-2021				Yes	3	1
	Responsibility
6	Committee	11-08-2021				Yes	3	1
				Annexure 1
IV. Meeting of Committees
		dates of Previous quarter	between any two	other			Directors	Independent
	Name of	and Current quarter in	consecutive (in	committe	Reson for not providing	Whether requirement of Quorum	present* (All	Directors
Sr	Committee	chronological order)	number of days)	e	date	met (Yes/No)	directors including	attending the
	Responsibility
7	Committee	09-11-2021				Yes	3	1
8	Committee	09-11-2021				Yes	3	2
		Annexure 1
V. Related Party Transactions
		Compliance status	details of non-
Sr	Subject	(Yes/No/NA)	compliance may be
	approval of audit
1	committee	Yes
	shareholder
2	approval	NA
	of RPT entered
	into pursuant to
3	omnibus approval	Yes
	Annexure 1
VI. Affirmations
Sr	Subject	Compliance status (Yes/No)

		of Board of
		Directors is in
		terms of SEBI
	1	(Listing	Yes
		of the following
		committees is in
		terms of
		SEBI(Listing
	2	obligations and	Yes
		of the following
		committees is in
		terms of
		SEBI(Listing
		obligations and
	3	disclosure	Yes
		of the following
		committees is in
		terms of
		SEBI(Listing
	4	obligations and	Yes
		The composition
		of the following
		committees is in
		terms of
		SEBI(Listing
		obligations and
	5	disclosure	Yes
		members have
		been made aware
		of their powers,
		role and
	6	responsibilities as	Yes
		the board of
		directors and the
		above
		committees have
		been conducted
	7	in the manner as	Yes
		and/or the report
		submitted in the
	8	previous quarter	Yes
		Annexure 1
Sr		Subject	Compliance status
	1	signatory	VIVEK CHAUDHARY
			Company Secretary and
	2	Designation	Compliance Officer
		Signatory
		Details
		Name of	VIVEK CHAUDHARY
		signatory
		Designation of	Company Secretary and
		person	Compliance Officer
		Place	NOIDA
		Date	14-01-2022