General information about company

Scrip code511501
NSE Symbol
MSEI Symbol
ISININE900A01013
Name of the entityBHARAT BHUSHAN FINANCE & COMMODITY BROKERS LTD.
Date of start of financial year01-04-2019
Date of end of financial year31-03-2020
Reporting QuarterQuarterly
Date of Report30-06-2019
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearAny other



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
Wether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEONo
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
1MrVIJAY BHUSHANAALPB8325J00002421Non-Executive - Non Independent DirectorChairperson22-10-195803-06-19923251
2MrsNISHA AHUJAAAGPA3435R00001875Non-Executive - Non Independent DirectorNot Applicable28-07-195403-06-19921011
3MrJOGESH CHANDER AHUJAAAGPA9045H00650258Non-Executive - Non Independent DirectorNot Applicable25-06-194929-01-199830-06-20191010
4MrsSANT KUMARI AGARWALAAJPA5076F00001877Non-Executive - Non Independent DirectorNot Applicable10-12-193629-01-19981000



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
5MrKULDEEP KUMAR GUPTAAAEPG5866E00915376Non-Executive - Independent DirectorNot Applicable04-11-195328-01-2010601111
6MrRAVINDRA SINGHAAYPS0128D00429417Non-Executive - Independent DirectorNot Applicable22-12-195912-06-2008601110
7MrVARUN SAIHGALAXJPS3915J06512573Non-Executive - Independent DirectorNot Applicable25-09-196421-05-2013601120
8MrARUN KUMAR GARGAAPPG1567R00178582Non-Executive - Non Independent DirectorNot Applicable27-11-195726-07-20122110




Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100915376KULDEEP KUMAR GUPTANon-Executive - Independent DirectorChairperson28-10-2010
200002421VIJAY BHUSHANNon-Executive - Non Independent DirectorMember14-10-2003
300429417RAVINDRA SINGHNon-Executive - Independent DirectorMember12-06-2008
406512573VARUN SAIHGALNon-Executive - Independent DirectorMember21-05-2013


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
106512573VARUN SAIHGALNon-Executive - Independent DirectorChairperson16-07-2014
200429417RAVINDRA SINGHNon-Executive - Independent DirectorMember16-07-2014
300001875NISHA AHUJANon-Executive - Non Independent DirectorMember16-07-2014


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100001875NISHA AHUJANon-Executive - Non Independent DirectorChairperson14-10-2003
200650258JOGESH CHANDER AHUJANon-Executive - Non Independent DirectorMember14-10-200330-06-2019
306512573VARUN SAIHGALNon-Executive - Independent DirectorMember21-05-2013


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonNo
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks

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)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
130-01-2019Yes72
224-05-2019113Yes83



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(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 committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee30-01-2019Yes32
2Audit Committee24-05-2019113Yes43
3Stakeholders Relationship Committee30-01-2019Yes31
4Stakeholders Relationship Committee24-05-2019113Yes31
5Nomination and remuneration committee30-01-2019Yes32



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


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 committeeNo
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)

Annexure 1

SrSubjectCompliance status
1Name of signatoryPiyush Kumar
2DesignationCompany Secretary



Text Block

Textual Information(1)
Due to sudden passing away of Mr. Jogesh Chander Ahuja Non-Executive Director of the Company and member of Stakeholder Relationship Committee as on 30.06.2019, the composition of Satakeholders Relationship Committee fall below the statutory limits prescribed under SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015.
The Company are in the process to appoint a new Non-Executive Director in place of Late Mr. Jogesh Chander Ahuja.



Signatory Details

Name of signatoryPiyush Kumar
Designation of personCompany Secretary
PlaceNew Delhi
Date12-07-2019