General information about company | |
| Scrip code | 519475 |
| NSE Symbol | NOTLISTED |
| MSEI Symbol | NOTLISTED |
| ISIN | INE975C01011 |
| Name of the entity | CHORDIA FOOD PRODUCTS LIMITED |
| Date of start of financial year | 01-04-2024 |
| Date of end of financial year | 31-03-2025 |
| Reporting Quarter | Half Yearly |
| Date of Report | 30-09-2024 |
| Risk management committee | Not Applicable |
| Market Capitalisation as per immediate previous Financial Year | Any 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 | |||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | |||||||||||||||||
| 1 | Mr | Pradeep Hukmichand Chordia | AAMPC1457D | 00389681 | Executive Director | Chairperson related to Promoter | MD | 01-12-1960 | |||||||||||||||||
| 2 | Mr | Sanjog Jain | BMAPS1775H | 08339905 | Non-Executive - Non Independent Director | Not Applicable | 04-10-1986 | ||||||||||||||||||
| 3 | Mrs | Zalak Neil Shah | ECQPS7158D | 07903924 | Non-Executive - Independent Director | Not Applicable | 23-02-1993 | ||||||||||||||||||
| 4 | Mrs | Pinal Minesh Shah | BCNPS3193N | 08192959 | Non-Executive - Independent Director | Not Applicable | 25-01-1981 | ||||||||||||||||||
| 5 | Mr | Ravindra Bhaskar Thatte | AAHPT4226G | 03575000 | Non-Executive - Independent Director | Not Applicable | 29-09-1960 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure 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 [with reference to proviso to regulation 17A(1) & 17A(2)] | Number 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) | Reason for Cessation | Notes for not providing PAN | Notes for not providing DIN | ||||||||||||||
| 1 | NA | 01-06-1989 | 28-09-2022 | 423 | 1 | 0 | 2 | 0 | |||||||||||||||||||
| 2 | NA | 20-07-2022 | 27 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 3 | NA | 11-08-2017 | 28-09-2022 | 86 | 1 | 1 | 2 | 2 | |||||||||||||||||||
| 4 | NA | 20-07-2022 | 27 | 1 | 1 | 2 | 0 | ||||||||||||||||||||
| 5 | NA | 13-08-2024 | 2 | 1 | 1 | 2 | 0 | ||||||||||||||||||||
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 07903924 | Zalak Neil Shah | Non-Executive - Independent Director | Chairperson | 13-11-2017 | ||
| 2 | 08192959 | Pinal Minesh Shah | Non-Executive - Independent Director | Member | 20-07-2022 | ||
| 3 | 03575000 | Ravindra Bhaskar Thatte | Non-Executive - Independent Director | Member | 13-08-2024 | ||
| 4 | 00389681 | Pradeep Hukmichand Chordia | Executive Director | Member | 09-08-2014 | ||
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 07903924 | Zalak Neil Shah | Non-Executive - Independent Director | Chairperson | 13-11-2017 | ||
| 2 | 08192959 | Pinal Minesh Shah | Non-Executive - Independent Director | Member | 20-07-2022 | ||
| 3 | 03575000 | Ravindra Bhaskar Thatte | Non-Executive - Independent Director | Member | 13-08-2024 | ||
| 4 | 08339905 | Sanjog Jain | Non-Executive - Non Independent Director | Member | 20-07-2022 | ||
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 07903924 | Zalak Neil Shah | Non-Executive - Independent Director | Chairperson | 13-11-2017 | ||
| 2 | 08192959 | Pinal Minesh Shah | Non-Executive - Independent Director | Member | 20-07-2022 | ||
| 3 | 03575000 | Ravindra Bhaskar Thatte | Non-Executive - Independent Director | Member | 13-08-2024 | ||
| 4 | 00389681 | Pradeep Hukmichand Chordia | Executive Director | Member | 09-08-2014 | ||
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | ||||||||
Annexure 1 | ||||||||
III. Meeting of Board of Directors | ||||||||
| Disclosure of notes on meeting of board of directors explanatory | ||||||||
| Sr | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | Maximum gap between any two consecutive (in number of days) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 08-04-2024 | Yes | 4 | 4 | 2 | |||
| 2 | 29-05-2024 | 50 | Yes | 4 | 4 | 2 | ||
| 3 | 13-08-2024 | 75 | Yes | 5 | 5 | 3 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | ||||||||||
| Sr | Name of Committee | Date(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 committee | Reson for not providing date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 1 | Audit Committee | 08-04-2024 | Yes | 3 | 3 | 2 | 0 | |||
| 2 | Stakeholders Relationship Committee | 07-05-2024 | Yes | 3 | 3 | 2 | 0 | |||
| 3 | Audit Committee | 13-08-2024 | 97 | Yes | 3 | 3 | 2 | 0 | ||
| 4 | Nomination and remuneration committee | 13-08-2024 | Yes | 3 | 3 | 2 | 0 | |||
| 5 | Stakeholders Relationship Committee | 23-08-2024 | 9 | Yes | 3 | 3 | 2 | 0 | ||
Annexure 1 | |||
V. Related Party Transactions | |||
| Sr | Subject | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Whether prior approval of audit committee obtained | Yes | |
| 2 | Whether shareholder approval obtained for material RPT | Yes | |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | Yes | |
| Disclosure of notes on related party transactions | Textual Information(1) | ||
Text Block | ||
| Textual Information(1) |
| |
Annexure 1 | ||
VI. Affirmations | ||
| Sr | Subject | Compliance status (Yes/No) |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | Yes |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | Yes |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | Yes |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | Yes |
| 5 | The 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 1000 listed entities) | NA |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes |
| 7 | The 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 |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Pradeep Chordia |
| 2 | Designation | Managing Director |
Annexure III | ||||
III. Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website | 46(2) | Yes | |
| 2 | Presence of Chairperson of Audit Committee at the Annual General Meeting | 18(1)(d) | Yes | |
| 3 | Presence of Chairperson of the nomination and remuneration committee at the annual general meeting | 19(3) | Yes | |
| 4 | Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting | 20(3) | Yes | |
| 5 | Disclosure of the Secretarial Audit Report of the listed entity and the material subsidiaries in the Annual Report | 24A(1) | Yes | |
| 6 | Submission of Annual Secretarial Compliance Report | 24A(2) | Yes | |
| 7 | Whether “Corporate Governance Report” disclosed in Annual Report | 34(3) read with para C of Schedule V | Yes | |
| Any other information to be provided | Textual Information(1) | |||
Text Block | |||
| Textual Information(1) | The Audited Financial Statements for the FY ended 31/03/2023 were approved and adopted by the Board of Directors in its meeting held on 24/05/2023. This is the first balance sheet after the Demerger of Food Division of the Company into Aveer Foods Limited.
As an effect of Demerger, as per the latest Audited Financial Statements as on 31/03/2023, the Networth of the Company has gone below the threshold limit of Rs. 25/- Crores and the Issued, Subscribed and Paid up Share Capital of the Company is Rs. 4,02,82,520/- which is also below the threshold limit of Rs. 10/- Crores.
Accordingly, although both the criteria are not fulfilled, we are submitting the said Corporate Governance Report pursuant to the second proviso of Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and will continue to submit the same for three consecutive financial years i.e. up to FY ending 31st March, 2026 in case the aforesaid threshold limits are not achieved. | ||
Annexure III | ||
| 1 | Name of signatory | Pradeep Chordia |
| 2 | Designation | Managing Director |
Additional Half yearly Disclosure | |||||||
| Applicability of disclosure | Not Applicable | ||||||
| Reason for Non Applicability | Textual Information(1) | ||||||
Text Block | |
| Textual Information(1) | The Company has not provided directly and indirectly any type of Loan, Gaurantee and Security as mentioned under Section 185 of Companies Act, 2013. However, in the Annual General Meeting held on 26th September, 2023 Company had sought approval of the Shareholders under section 185 and 186 of Companies Act, 2013 and the shareholders have passed a Special Resolution in the said AGM. |
Details of Cyber security incidence | ||
| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr. | Date of the event | Brief details of the event |
Signatory Details | |
| Name of signatory | Pradeep Hukmichand Chordia |
| Designation of person | Managing Director |
| Place | Pune |
| Date | 19-10-2024 |