General information about company

Scrip code500268
NSE SymbolMANALIPETC
MSEI SymbolNOTLISTED
ISININE201A01024
Name of the entityManali Petrochemicals Limited
Date of start of financial year01-04-2021
Date of end of financial year31-03-2022
Reporting QuarterQuarterly
Date of Report30-06-2021
Risk management committeeApplicable
Market Capitalisation as per immediate previous Financial YearTop 1000 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 explanatoryTextual Information(1)
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 BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial 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
1MrAshwin C MuthiahAAEPA4148H00255679Non-Executive - Non Independent DirectorChairperson01-01-1966NA27-04-200705-08-20194022
2MrG ChellakrishnaADHPC9621R01036398Non-Executive - Independent DirectorNot Applicable15-08-1979NA13-08-201413-08-2019832232
3MrsSashikala SrikanthAAIPS8299K01678374Non-Executive - Independent DirectorNot Applicable09-11-1956NA13-08-201413-08-2019835584
4MrGovindarajan Dattatreyan SharmaABBPS6163Q08060285Non-Executive - Independent DirectorNot Applicable19-06-1954NA05-02-201806-08-2018413340



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 BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial 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
5MrLt Col Retd Chatapuram Swaminathan ShankarAADPC2059A08397818Non-Executive - Independent DirectorNot Applicable30-11-1958NA20-05-201905-08-2019252200
6MrDr N Sundaradevan IAS RetdAAMPS5095S00223399Non-Executive - Independent DirectorNot Applicable02-09-1952NA12-06-201905-08-2019252231
7MrDr. K P Karthikeyan IASBUXPK1421R08218878Non-Executive - Non Independent DirectorNot Applicable18-02-1986NA02-03-202016-09-202018-06-20210000
8MrThanjavur Kanakaraj ArunAADPA2726J02163427Non-Executive - Non Independent DirectorNot Applicable17-10-1959NA05-02-201806-08-20182020



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 BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial 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
9MrMuthukrishnan RaviAFZPR6886D03605222Executive DirectorNot Applicable22-04-1960NA29-07-201129-07-20201010
10MrM KarthikeyanAAOPK6605M08747186Executive DirectorNot Applicable20-04-1967NA28-05-202016-09-20201000



Text Block

Textual Information(1)
Since Dr. K P Kaqrthikeyan, IAS resigned  on 18-06-2021 and not a director as at the end of the quarter, his directorship and related information have been shown as Zero




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
101036398G ChellakrishnaNon-Executive - Independent DirectorChairperson13-08-2014
208060285Govindarajan Dattatreyan SharmaNon-Executive - Independent DirectorMember20-05-2019
301678374Sashikala SrikanthNon-Executive - Independent DirectorMember21-11-2017
408218878Dr. K P Karthikeyan IASNon-Executive - Non Independent DirectorMember02-03-202018-06-2021


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
108060285Govindarajan Dattatreyan SharmaNon-Executive - Independent DirectorChairperson05-02-2018
201036398G ChellakrishnaNon-Executive - Independent DirectorMember20-05-2019
300255679Ashwin C MuthiahNon-Executive - Non Independent DirectorMember21-11-2017
408218878Dr. K P Karthikeyan IASNon-Executive - Non Independent DirectorMember02-03-202018-06-2021


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
100255679Ashwin C MuthiahNon-Executive - Non Independent DirectorChairperson12-06-2013
208060285Govindarajan Dattatreyan SharmaNon-Executive - Independent DirectorMember12-02-2019
303605222Muthukrishnan RaviExecutive DirectorMember12-10-2011
408218878Dr. K P Karthikeyan IASNon-Executive - Non Independent DirectorMember02-03-202018-06-2021


Risk Management Committee

Whether the Risk Management Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101678374Sashikala SrikanthNon-Executive - Independent DirectorChairperson06-11-2014
203605222Muthukrishnan RaviExecutive DirectorMember06-11-2014
302163427Thanjavur Kanakaraj ArunNon-Executive - Non Independent DirectorMember05-02-2018
408218878Dr. K P Karthikeyan IASNon-Executive - Non Independent DirectorMember02-03-202018-06-2021


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100255679Ashwin C MuthiahNon-Executive - Non Independent DirectorChairperson28-05-2014
201678374Sashikala SrikanthNon-Executive - Independent DirectorMember21-11-2017
308218878Dr. K P Karthikeyan IASNon-Executive - Non Independent DirectorMember02-03-202018-06-2021
403605222Muthukrishnan RaviExecutive DirectorMember29-06-2021


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*
109-02-2021Yes95
204-06-2021114Yes95
329-06-202124Yes95



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 Committee09-02-2021Yes43
2Audit Committee04-06-2021114Yes33
3Audit Committee29-06-202124Yes33
4Nomination and remuneration committee04-06-2021Yes22
5Risk Management Committee09-02-2021Yes31
6Risk Management Committee24-06-2021Yes31



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 RPTYes
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes on related party transactions Textual Information(1)
Disclosure of notes of material transaction with related partyTextual Information(2)


Text Block

Textual Information(1)
Audit Committee reviews the Related Party Transactions every quarter when the financial results are considered. Accordingly the transactions during quarter ended 31-03-2021 were placed before the Committee on 29-06-2021
Textual Information(2)
Approval of Members for material transactions with a related party during 2020-21 has been obtained at the AGM held on 16-09-2020 for Rs. 150 crore plus taxes This was increased by Rs. 10 crore plus taxes with the prior approval of the Audit Committee at the meeting held on 09-02-2021 for which ratification of the Members will be obtained at the AGM - 2021



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 500 listed entities)Yes
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 signatoryR KOTHANDARAMAN
2DesignationCompany Secretary



Text Block

Textual Information(1)
The CGR for quarter/year ended 31-03-2021 was  submitted to the Board at the meeting held on 29th June 2021 and this report would be submitted at the next meeting



Signatory Details

Name of signatoryR KOTHANDARAMAN
Designation of personCompany Secretary
PlaceCHENNAI
Date19-07-2021