the companies act, 2013 and sub-rule (1) of annual return … · 2019. 7. 5. · form no. mgt-7...
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FORM NO. MGT-7 [Pursuant to sub-Section(1) of section 92 of
the Companies Act, 2013 and sub-rule (1) of Annual Return
rule 11of the Companies (Management and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAIL
(i) Corporate Identification Number (CIN) of the Company :
Global Location Number (GLN) of the Company :
Permanent Account Number (PAN) of the Company :
(ii) (a) Name of Company :
(b) Registered Office address:
ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat – 390007
(c) E-mail ID of the Company :
(d) Telephone number with STD code :
(e) Website :
(iii) Date of Incorporation :
(iv)
(v) Whether the Company is having share capital: Yes
(vi) Whether shares listed on recognised Stock Exchange: Yes
(a) Details of stock exchanges where shares are listed
L65190GJ1994PLC021012
AAACI1195H
ICICI BANK LIMITED
companysecretary@icicibank.com
02656722239
www.icicibank.com
05/01/1994
Type of the Company Category of the Company Sub-category of the Company
Public Company Company Limited by Shares Indian Non-Government Company
S. No. Stock Exchange Name Code 1 BSE Ltd and National Stock Exchange of India Ltd 1025
(b) CIN of the Registrar and Transfer Agent :
Name of the Registrar and Transfer Agent
Registered office address of the Registrar and Transfer Agents
(vii) Financial Year From date 01/04/2018 To date (viii) Whether Annual General Meeting held:
(a) If yes, date of AGM
(b) Due date of AGM: (c) Whether any extension for AGM granted:
II PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
Number of business activities:
Note: The Bank is a publicly held banking company engaged in providing a wide range of banking and financial services including retail banking, corporate banking and treasury operations.
L67120MH1993PLC074411
3I INFOTECH LIMITED
Tower # 5, International Infotech Park, Vashi Station Complex, Navi Mumbai, Maharashtra 400703
31/03/2019
No
Scheduled to be held on 09/08/2019
31/08/2019
No
1
Sr. No.
Main Activity Group Code
Description of Main activity Group
Business Activity Code
Description of Business Activity
% of turnoverof the Company
1 K Financial and Insurance Service
K1 Banking activities by Central, Commercial and Saving banks
100
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES (INCLUDING JOINT VENTURES) Number of Companies for which information is to be given:
24
Sr. No.
Name of the Company CIN/FCRN Holding subsidiary/Associate/ Joint Venture
% of shares Held
1 ICICI Bank Canada Subsidiary 100% 2 ICICI Bank UK Plc Subsidiary 100% 3 ICICI Home Finance Company
Limited U65922MH1999PLC120106 Subsidiary 100%
4 ICICI International Limited Subsidiary 100% 5 ICICI Investment Management
Company Limited U65990MH2000PLC124773 Subsidiary 100%
6 ICICI Lombard General Insurance Company Limited
L67200MH2000PLC129408 Subsidiary 55.87%
7 ICICI Prudential Asset Management Company Limited
U99999DL1993PLC054135 Subsidiary 51%
8 ICICI Prudential Life Insurance Company Limited
L66010MH2000PLC127837 Subsidiary 52.87%
9 ICICI Prudential Pension Funds Management Company Limited
U66000MH2009PLC191935 Subsidiary 100%
10 ICICI Prudential Trust Limited U74899DL1993PLC054134 Subsidiary 50.8% 11 ICICI Securities Limited L67120MH1995PLC086241 Subsidiary 79.22%12 ICICI Securities Holding Inc. Subsidiary 100% 13 ICICI Securities Inc. Subsidiary 100% 14 ICICI Securities Primary
Dealership Limited U72900MH1993PLC131900 Subsidiary 100%
15 ICICI Trusteeship Services Limited
U65991MH1999PLC119683 Subsidiary 100%
Note: The Corporate Identity Number has been mentioned for Indian Subsidiaries /Associate Companies. The Companies as mentioned against Sr. No. 22-24 above are not considered as Associates in the financial statements, in accordance with the provisions of AS-23 on ‘Accounting for Investments in Associates in Consolidated Financial Statements’.
IV. SHARE CAPITAL, DEBENTURE AND OTHER SECURITIES OF THE COMPANY
(i) SHARE CAPITAL
(a) Equity Share Capital
16 ICICI Venture Funds Management Company Limited
U72200MH1989PLC166901 Subsidiary 100%
17 Arteria Technologies Private Limited
U72900KA2007PTC041911 Associate 19.98%
18 India Infradebt Limited U65923MH2012PLC237365 Associate 42.33%19 ICICI Merchant Services
Private Limited U74140MH2009PTC194399 Associate 19.01%
20 I-Process Services (India) Private Limited
U72900MH2005PTC152504 Associate 19%
21 NIIT Institute of Finance Banking and Insurance Training Limited
U80903DL2006PLC149721 Associate 18.79%
22 Rajasthan Asset Management Company Private Limited
U65999RJ2002PTC017380 Associate 24.3%
23 OTC Exchange of India Limited
U67120MH1990NPL058298 Associate 20%
24 Falcon Tyres Limited L25114KA1973PLC002455 Associate 26.39%
Particulars Authorized capital Issued capital Subscribed capital Paid-up capitalTotal number of equity shares
12,500,000,000 6,446,239,653 6,446,239,653 6,446,239,653
Total amount of equity shares (in Rupees)
25,000,000,000 12,892,479,306 12,892,479,306 12,892,479,306
Number of classes :
Class of Shares Equity Shares
Authorized capital Issued capital Subscribed capital Paid-up capital
Number of equity Shares
12,500,000,000 6,446,239,653 6,446,239,653 6,446,239,653
Nominal value per share (in rupees)
2 2 2 2
Total amount of equity shares (in rupees)
25,000,000,000 12,892,479,306 12,892,479,306 12,892,479,306
Note: As there is no specific field above for indicating the forfeited shares, the break-up of the paid-up capital is separately given below:
Details As on March 31, 2019
Paid-up Capital Rs. 12,892,479,306.00
Add: Forfeited Rs. 2,118,864.13
Less: Calls unpaid Rs. 114.00
Total Rs. 12,894,598,056.13
(b) Preference Share Capital
Particulars Authorized capital Issued capital Subscribed capital Paid-up capitalTotal number of preference shares
- - - -
Total amount of preference shares (in rupees)
- - - -
Number of classes
Class of Shares Equity Shares
Authorized capital Issued capital Subscribed capital Paid-up capital
Number of preference shares
- - - -
Nominal value per share (in rupees)
- - - -
Total amount of preference shares (in rupees)
- - - -
1
(c) Unclassified Share Capital
Particulars Authorized capital Total amount of unclassified shares -
(d) Break-up of paid-up Share Capital
Class of shares Number of Shares
Total nominalAmount (Rs.)
Total paid-up Amount (Rs.)
Total premium (Rs.)
Equity Shares At the beginning of the year
6,427,990,776 12,855,981,552 12,855,981,552 325,709,361,869.34
Increase during the year
18,248,877 36,497,754 36,497,754 3,451,496,214.44
i. Public issues - - - - ii. Rights issue - - - - iii. Bonus issue - - - - iv. Private placement/ Preferential Allotment
- - - -
v. ESOPs 18,248,877 36,497,754 36,497,754 3,451,496,214.44 vi. Sweat Equity shares allotted
- - - -
vii. Conversion of preference shares
- - - -
viii. Conversion of debentures
- - - -
ix. GDRs/ ADRs - - - - x. Others, specify - - - - Decrease during the Year
- - - -
i. Buy-back of shares - - - - ii. Shares forfeited - - - - iii. Reduction of share capital
- - - -
iv. Others, specify - - - - At the end of the year
6,446,239,653 12,892,479,306 12,892,479,306 329,160,858,083.78
Class of shares Number of Shares
Total nominalAmount (Rs.)
Total paid-up Amount (Rs.)
Total premium (Rs.)
Preference shares At the beginning of the year
350 10,000,000 3,500,000,000 -
Increase during the year
- - - -
i. Issues of shares - - - - ii. Re-issue of forfeited shares
- - - -
iii. Others, specify Decrease during the year
350 10,000,000 3,500,000,000 -
i. Redemption of shares
350 10,000,000 3,500,000,000 -
ii. Shares forfeited - - - - iii. Reduction of share capital
- - - -
iv. Others, specify - - - - At the end of the Year
0 0 0 -
(ii) Details of stock split/ consolidation during the year (for each class of shares) :
Class of Shares (i) (ii) (iii) Before split / Consolidation Number of shares - - -
Face value per share - - - After split / Consolidation Number of shares - - -
Face value per share - - - (iii) Details of Shares /Debenture Transfer since closure date of last financial year (or in
case of first return at any time since the incorporation of the Company)
Date of the previous Annual General Meeting : 12/09/2018
Note: The details of Shares/Debenture Transfers since closure date of last financial year will be submitted with the Ministry of Corporate Affairs.
(iv) Indebtedness including debentures (Outstanding as at the end of financial year)
Particulars Number of Units
Nominal Value per unit
Total value (Rs.)
Non-convertible debentures (NCD)
772,436 Different Values
467,937,563,660.72
Borrowings outside India in the nature of debt instruments
3,838,999 428,236,193,718.77
Partly convertible Debentures
- - -
Fully convertible Debentures
- - -
Secured Loans (including Interest outstanding/accrued but not due for payment) excluding deposits
(in India) - - 61,740,972,083.64
(outside India)
- - -
Unsecured Loans (including interest outstanding / accrued but not due for payment) excluding deposits
(in India) - - 237,869,360,633.42
(outside India)
- - 485,841,109,247.27
Deposits - - - Total 772,436 1,681,625,199,343.82
Notes: 1. Secured loans include borrowings under Collateralised Borrowing and Lending Obligation, and
transactions under Liquidity Adjustment Facility, Marginal Standing Facility and REPO (including Tri-party Repo).
2. Being a banking company, there are no public deposits.
Details of debentures (Amount in Rs.)
Class of debentures
Outstanding as at the beginning of the year
Increase during the year
Decrease during the year
Outstanding as at the end of the year
Non- convertible debentures
523,894,469,184.70 12,504,746,957.97 68,461,652,481.95 467,937,563,660.72
Partly convertible debentures
- - - -
Fully Convertible debentures
- - - -
(v) Securities (other than shares and debentures): Type of Securities
Number of Securities
Nominal Value of each Unit
Total Nominal Value
Paid-up Value of each Unit
Total Paid-up Value
- - - - - - Total - - - - -
V. Turnover and Net Worth of the Company (as defined in the Companies Act, 2013)
(i) Turnover:
(ii) Net worth of the Company:
VI. (a) SHAREHOLDING PATTERN - Promoters
Sr. No.
Category Equity Preference
Number ofshares
Percentage Number of Shares
Percentage
1. Individual/Hindu Undivided Family (i) Indian - - - - (ii) Non-Resident Indian (NRI) - - - - (iii) Foreign National (other than NRI) - - - - 2. Government (i) Central Government - - - - (ii) State Government - - - - (iii) Government
Companies - - - -
3. Insurance Companies - - - - 4. Banks - - - - 5. Financial institutions - - - - 6. Foreign Institutional Investors - - - - 7. Mutual Funds - - - - 8. Venture Capital - - - - 9. Body Corporate (not mentioned
above) - - - -
10. Others, specify - - - - Total - - - -
Total number of shareholders (promoters) :
Rs. 779,133,562,368.32
Rs. 933,914,352,134.59
0
(b) SHAREHOLDING PATTERN- Public/ Other than promoters
Sr. No.
Category Equity Preference
Number of Shares
Percentage Number of shares
Percentage
1. Individual/Hindu Undivided Family
(i) Indian 367,201,679 5.70% - - (ii) Non-Resident Indian (NRI) 20,133,984 0.31% - - (iii) Foreign National (other than NRI) 63,090 0.00% - - 2. Government (i) Central Government - - - - (ii) State Government - - - - (iii) Government
companies 16,033,996 0.25% - -
3. Insurance Companies 772,315,354 11.98% - - 4. Banks 1,042,122 0.02% - - 5. Financial institutions 42,974 0.00% - - 6. FIIs/FPIs 2,082,841,640 32.31% - - 7. Mutual Funds 1,351,914,622 20.97% - - 8. Venture Capital - - - - 9. Body Corporate (not mentioned
above) 116,774,761 1.81% - -
10. Others (includes Clearing Members, Trusts, Alternate Investment Fund, IEPF, NBFCs registered with RBI etc)
1,717,875,431 26.65% - -
Total 6,446,239,653 100.00% - -
Total number of shareholders (other than promoters)
Total number of shareholders (Promoters+Public/Other than promoters)
860,698
860,698
(c) Details of Foreign institutional investors’ (FIIs) holding shares of the company:
Name of the FII
Address Date of Incorporation
Country of Incorporation
Number of shares held
% of shares Held
The details of FIIs/FPIs will be submitted with the Ministry of Corporate Affairs
VII. NUMBER OF PROMOTERS, MEMBERS, DEBENTURE HOLDERS
(Details, Promoters, Members (other than promoters), Debenture holders)
Details At the beginning of the year At the end of the year Promoters 0 0 Members (other than promoters)
886,424 860,698
Non-convertible Debenture holders 153,076 132,193
VIII. DETAILS OF DIRECTORS AND KEY MANGERIAL PERSONNEL
(A) Composition of Board of Directors
Category Number of Directors at the beginning of the year
Number of directors at the end of the year
Percentage of shares held by directors as at the end of year
Executive Non- Executive
Executive Non- Executive
Executive Non- Executive
A. Promoter 0 0 0 0 0 0 B. Non- Promoter 5 6 4 9 0 0.03% (i) Non- Independent 5 0 4 0 0 0.03% (ii) Independent 0 6 0 9 0 0 C. Nominee Directors representing
0 1 0 1 0 0
(i) Banks & FIs 0 0 0 0 0 0 (ii) Investing Institutions
0 0 0 0 0 0
(iii) Government 0 1 0 1 0 0 (iv) Small Share Holders
0 0 0 0 0 0
(v) Others 0 0 0 0 0 0 Total 5 7 4 10 0 0.03%
1,215
Number of Directors and Key Managerial Personnel (who is not director) as on financial year end date:
(B) (i) Details of Directors and Key Managerial Personnel as on the closure of financial year.
Name DIN/PAN Designation Number of equity share(s) held
Date of cessation (after closure of financial year: If any)
G. C. Chaturvedi 00110996 Director 0 Rama Bijapurkar 00001835 Additional Director 2600 Uday Chitale 00043268 Director 0 Dileep Choksi 00016322 Director 2750 01/04/2019 Neelam Dhawan 00871445 Director 0 Hari L. Mundra 00287029 Additional Director 0 Radhakrishnan Nair 07225354 Director 0 V. K. Sharma 02449088 Director 0 01/04/2019 B. Sriram 02993708 Additional Director 0 Lalit Kumar Chandel 00182667 Nominee Director 6 Sandeep Bakhshi 00109206 Managing Director 524,505 Vishakha Mulye 00203578 Whole-time Director 1,037,487 Vijay Chandok 01545262 Whole-time Director 0 07/05/2019 Anup Bagchi 00105962 Whole-time Director 0 Ranganath Athreya AEQPA7042C Company Secretary 110 Rakesh Jha AAHPJ5749E CFO 78,850
(ii) Particulars of change in director(s) and Key Managerial Personnel during the
year:
Name DIN/PAN Designation at the beginning / during the financial year
Date of appointment/ change in designation/ cessation
Nature of change (Appointment/ Change in designation/ Cessation)
Amit Agrawal 07117013 Nominee Director 05/04/2018 Cessation
Lok Ranjan 07791967 Nominee Director 05/04/2018 Appointment
Radhakrishnan Nair 07225354 Additional Director 02/05/2018 Appointment
Tushaar Shah 03055738 Director 03/05/2018 Cessation
M. D. Mallya 01804955 Additional Director 29/05/2018 Appointment
N. S. Kannan 00066009 Director 19/06/2018 Cessation
16
25
M. K. Sharma 00327684 Director 01/07/2018 Cessation
G. C. Chaturvedi 00110996 Additional Director 01/07/2018 Appointment
Sandeep Bakhshi 00109206 Additional Director 31/07/2018 Appointment
Neelam Dhawan 00871445 Director 12/09/2018 Change in Designation
Uday Chitale 00043268 Director 12/09/2018 Change in Designation
Radhakrishnan Nair 07225354 Director 12/09/2018 Change in Designation
M. D. Mallya 01804955 Director 12/09/2018 Change in Designation
G. C. Chaturvedi 00110996 Director 12/09/2018 Change in Designation
Sandeep Bakhshi 00109206 Whole-time director 12/09/2018 Change in Designation
M. D. Mallya 01804955 Director 05/10/2018 Cessation
Chanda Kochhar 00043617 Managing Director 04/10/2018 Cessation
Sandeep Bakhshi 00109206 Managing Director 15/10/2018 Change in Designation
Hari L. Mundra 00287029 Additional director 26/10/2018 Appointment
Lok Ranjan 07791967 Nominee Director 04/12/2018 Cessation
Lalit Kumar Chandel 00182667 Nominee Director 04/12/2018 Appointment
Rama Bijapurkar 00001835 Additional Director 14/01/2019 Appointment
B. Sriram 02993708 Additional Director 14/01/2019 Appointment
P. Sanker AAEPP2425Q Company Secretary 27/07/2018 Cessation
Ranganath Athreya AEQPA7042C Company Secretary 28/07/2018 Appointment
IX. MEETINGS OF MEMBERS/CLASS OF MEMBERS/BOARD/ COMMITTEES OF THE BOARD OF DIRECTORS
A. MEMBERS/CLASS/REQUISTIONED/NCLT/COURTCONVENED MEETINGS
Number of Meetings held : 1
Type of Meeting
Date of Meeting
Total Number of Members entitled to attend the Meeting
Attendance Number of members attended
% of Total shareholding
Annual General Meeting
12/09/2018 8,53,761 660 0.27%
B. BOARD MEETINGS Number of Meetings Held: 18
Sr. No.
Date of Meeting Total Number of Directors associated as on the date of meeting
Attendance Number of Directors Attended
% of attendance
1 02/04/2018 12 9 75% 2 02/05/2018 12 9 75% 3 07/05/2018 12 10 83.33% 4 08/05/2018 12 10 83.33% 5 15/05/2018 12 9 75% 6 17/05/2018 12 8 66.67% 7 29/05/2018 12 8 66.67% 8 13/06/2018 13 8 61.54% 9 18/06/2018 13 10 76.92% 10 27/06/2018 12 8 66.67% 11 29/06/2018 12 6 50% 12 27/07/2018 12 9 75% 13 18/09/2018 13 10 76.92% 14 04/10/2018 13 10 76.92% 15 26/10/2018 11 9 81.82% 16 14/01/2019 12 11 91.66% 17 30/01/2019 14 13 92.86% 18 22/02/2019 14 12 85.71%
C. COMMITTEE MEETINGS
Number of meetings held : 92
S. No
Type of Meeting Date of Meeting
Total Number of Members as on the date of the meeting
Attendance
Number of members attended
% of attendance
1 Audit Committee 20/04/2018 3 2 66.67% 2 Audit Committee 26/04/2018 3 2 66.67%
3 Audit Committee 07/05/2018 3 3 100% 4 Audit Committee 06/06/2018 3 3 100% 5 Audit Committee 28/06/2018 3 3 100% 6 Audit Committee 12/07/2018 3 3 100% 7 Audit Committee 18/07/2018 3 3 100% 8 Audit Committee 26/07/2018 3 3 100% 9 Audit Committee 27/07/2018 3 3 100% 10 Audit Committee 30/07/2018 3 2 66.67% 11 Audit Committee 22/10/2018 3 3 100%
12 Audit Committee 26/10/2018 3 3 100%
13 Audit Committee 28/01/2019 3 3 100%
14 Audit Committee 29/01/2019 3 3 100%
15 Audit Committee 30/01/2019 3 3 100%
16 Audit Committee 22/02/2019 3 2 66.67%
17 Audit Committee 07/03/2019 3 3 100%
18 Board Governance, Remuneration & Nomination Committee
07/05/2018 3 2 66.67%
19 Board Governance, Remuneration & Nomination Committee
29/05/2018 3 3 100%
20 Board Governance, Remuneration & Nomination Committee
18/06/2018 3 3 100%
21 Board Governance, Remuneration & Nomination Committee
27/06/2018 3 2 66.67%
22 Board Governance, Remuneration & Nomination Committee
29/06/2018 3 2 66.67%
23 Board Governance, Remuneration & Nomination Committee
27/07/2018 3 3 100%
24 Board Governance, Remuneration & Nomination Committee
18/09/2018 4 4 100%
25 Board Governance, Remuneration & Nomination Committee
04/10/2018 4 4 100%
26 Board Governance, Remuneration & Nomination Committee
26/10/2018 4 3 75%
27 Board Governance, Remuneration & Nomination Committee
14/01/2019 4 4 100%
28 Board Governance, Remuneration & Nomination Committee
30/01/2019 4 4 100%
29 Board Governance, Remuneration & Nomination Committee
20/03/2019 4 4 100%
30 Corporate Social Responsibility
12/04/2018 3 3 100%
31 Corporate Social Responsibility
07/09/2018 4 2 50%
32 Corporate Social Responsibility
16/01/2019 3 2 66.67%
33 Customer Service Committee
11/05/2018 4 4 100%
34 Customer Service Committee
06/07/2018 5 3 60%
35 Customer Service Committee
18/09/2018 6 4 66.67%
36 Customer Service Committee
14/11/2018 4 3 75%
37 Customer Service Committee
19/03/2019 5 4 80%
38 Fraud Monitoring Committee
27/04/2018 5 5 100%
39 Fraud Monitoring Committee
06/07/2018 5 4 80%
40 Fraud Monitoring Committee
25/07/2018 5 4 80%
41 Fraud Monitoring Committee
12/10/2018 5 5 100%
42 Fraud Monitoring Committee
10/12/2018 5 5 100%
43 Fraud Monitoring Committee
29/01/2019 5 5 100%
44 IT Strategy Committee 11/05/2018 3 3 100% 45 IT Strategy Committee 19/09/2018 5 4 80%
46 IT Strategy Committee 14/11/2018 4 3 75% 47 IT Strategy Committee 21/02/2019 4 4 100% 48 Risk Committee 27/04/2018 4 3 75% 49 Risk Committee 11/06/2018 4 2 50% 50 Risk Committee 20/06/2018 4 2 50% 51 Risk Committee 25/07/2018 4 2 50% 52 Risk Committee 22/10/2018 3 2 66.67% 53 Risk Committee 29/01/2019 4 4 100% 54 Risk Committee 18/02/2019 4 3 75% 55 Risk Committee 20/03/2019 4 3 75% 56 Stakeholders' Relationship
Committee 26/04/2018 3 3 100%
57 Stakeholders' Relationship Committee
26/07/2018 3 2 66.67%
58 Stakeholders' Relationship Committee
26/10/2018 3 3 100%
59 Stakeholders' Relationship Committee
29/01/2019 3 3 100%
60 Credit Committee 12/04/2018 3 3 100% 61 Credit Committee 27/04/2018 3 2 66.67% 62 Credit Committee 08/05/2018 3 3 100% 63 Credit Committee 11/05/2018 3 3 100% 64 Credit Committee 11/06/2018 4 2 50% 65 Credit Committee 20/06/2018 4 2 50% 66 Credit Committee 27/06/2018 4 2 50% 67 Credit Committee 03/07/2018 4 2 50% 68 Credit Committee 09/07/2018 4 2 50% 69 Credit Committee 16/07/2018 4 2 50% 70 Credit Committee 25/07/2018 4 2 50% 71 Credit Committee 07/08/2018 5 3 60% 72 Credit Committee 17/08/2018 5 3 60% 73 Credit Committee 27/08/2018 5 3 60% 74 Credit Committee 07/09/2018 5 2 40% 75 Credit Committee 19/09/2018 5 2 40% 76 Credit Committee 26/09/2018 5 3 60% 77 Credit Committee 12/10/2018 3 2 66.67% 78 Credit Committee 19/10/2018 3 3 100% 79 Credit Committee 23/10/2018 3 2 66.67% 80 Credit Committee 16/11/2018 4 4 100% 81 Credit Committee 29/11/2018 4 3 75% 82 Credit Committee 04/12/2018 4 4 100%
83 Credit Committee 12/12/2018 4 4 100% 84 Credit Committee 20/12/2018 4 4 100% 85 Credit Committee 28/12/2018 4 2 50% 86 Credit Committee 16/01/2019 4 4 100% 87 Credit Committee 29/01/2019 4 4 100% 88 Credit Committee 15/02/2019 4 3 75% 89 Credit Committee 14/03/2019 4 4 100% 90 Credit Committee 26/03/2019 4 4 100% 91 Review Committee for Identification of Wilful Defaulters/Non Co-Operative Borrowers: The
Managing Director & CEO is the Chairman of this Committee and any two independent Directors comprise the remaining members. Two Meetings of the Committee were held during the year. The Meeting held on January 30, 2019 was attended by Sandeep Bakhshi, Uday Chitale and Radhakrishnan Nair and the Meeting held on March 19, 2019 was attended by Sandeep Bakhshi, Uday Chitale and Neelam Dhawan.
92
D. Attendance of Directors
Sr. No
Name of the director
Board Meetings Committee Meetings Whether attended AGM held on 09/08/2019 Yes/No/NA
No. of Meetings which director was entitled to attend
No. of Meetings attended
% ofattendance
No. ofMeetings which director was entitled to attend
No.of Meetings attended
% of attendance
1 G. C. Chaturvedi 7 7 100 6 6 100% AGM is yet to be held
2 Rama Bijapurkar 2 2 100 3 3 100% 3 Uday Chitale 18 18 100 34 34 100%
4 Neelam Dhawan 18 14 77.78 23 23 100% 5 Hari L. Mundra 3 2 66.67 12 10 83.33% 6 Radhakrishnan Nair 16 16 100 47 47 100% 7 B. Sriram 2 2 100 5 5 100% 8 Lalit Kumar Chandel 3 0 - - - - 9 Sandeep Bakhshi 6 6 100 35 32 91.43% 10 Vishakha Mulye 18 15 83.33 24 21 87.5% 11 Anup Bagchi 18 17 94.44 20 17 85% 12 V. K. Sharma 18 8 44.44 18 10 55.56% NA 13 Dileep Choksi 18 17 94.44 48 42 87.5% NA 14 Vijay Chandok 18 17 94.44 1 1 100% NA 15 M. K. Sharma 11 11 100 15 15 100% NA
16 M. D. Mallya 7 0 - 17 0 - NA
17 Tushaar Shah 2 1 50 5 2 40% NA
18 Amit Agrawal 1 0 - - - - NA
19 Lok Ranjan 14 0 - - - - NA
20 Chanda Kochhar 14 8 57.14 31 9 29.03% NA
21 N. S. Kannan 9 8 0.89 1 1 100% NA
X. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
Number of Managing Director, Whole-time Directors and/or Manager whose remuneration details to be entered:
(Amount in Rs.) Sr. No.
Name Designation GrossSalary
Commission Stock Option/ Sweat Equity
Others TotalAmount
1 Chanda Kochhar Managing Director 71,869,073 - 226,395,700 - 298,264,773 2 Sandeep Bakhshi Managing Director 44,486,474 - 20,123,000 - 64,609,474 3 N. S. Kannan Wholetime Director 11,325,699 - 0 - 11,325,699 4 Vishakha Mulye Wholetime Director 47,218,601 - 92,475,351 - 139,693,952 5 Vijay Chandok Wholetime Director 42,811,088 - 28,625,627 - 71,436,715 6 Anup Bagchi Wholetime Director 41,567,472 - 86,821,351 - 128,388,823
Total 259,278,407 - 454,441,029 - 713,719,436
Note: The amount mentioned under Stock Option is the perquisite on stock options exercised in fiscal 2019.
Number of CEO, CFO and Company secretary whose remuneration details to be entered :
(Amount in Rs.) Sr. No.
Name Designation Gross Salary
Commission Stock Option / Sweat Equity
Others TotalAmount
1 Rakesh Jha CFO 41,315,047 - 17,591,780 - 58,906,827 2 Ranganath
Athreya Company Secretary
18,985,000 - 90,375 - 19,075,375
3 P. Sanker Company Secretary
28,956,154 - 2,030,100 - 30,986,254
Total 89,256,201 - 19,712,255 - 108,968,456 Note: The amount mentioned under Stock Option is the perquisite on stock options exercised in fiscal 2019.
6
3
Number of other directors whose remuneration details to be entered : (Amount in Rs.)
Sr. No.
Name Designation GrossSalary
Commission Stock Option/ Sweat Equity
Others TotalAmount
1 G. C. Chaturvedi Independent Director
- - - 3,574,465 3,574,465
2 M. K. Sharma Independent Director
- - - 5,933,334 5,933,334
3 Rama Bijapurkar Independent Director
- - - 350,000 350,000
4 Uday Chitale Independent Director
- 202,740 - 4,450,000 4,652,740
5 Dileep Choksi Independent Director
- 1,000,000 - 4,650,000 5,650,000
6 Neelam Dhawan Independent Director
- 216,438 - 2,650,000 2,866,438
7 Radhakrishnan Nair Independent Director
- - - 4,800,000 4,800,000
8 Hari L. Mundra Independent Director
- - - 700,000 700,000
9 V. K. Sharma Independent Director
- 1,000,000 - 1,300,000 2,300,000
10 B. Sriram Independent Director
- - - 450,000 450,000
11 Tushaar Shah Independent Director
- 1,000,000 - 200,000 1,200,000
12 M. D. Mallya Independent Director
- - - - -
13 Amit Agrawal Nominee Director
- - - - -
14 Lok Ranjan Nominee Director
- - - - -
15
Lalit Kumar Chandel Nominee Director
- - - - -
Total - 3,419,178 - 29,057,799 32,476,977
Notes: 1. Commission pertaining to fiscal 2018, paid in fiscal 2019. 2. In addition to Sitting fees, the amount mentioned under Others include a gross amount of Rs. 24,74,465 paid as
remuneration for the period July 17, 2018 to March 31, 2019 to G. C. Chaturvedi and a gross amount of Rs. 40,83,334 paid as remuneration for the period May 1, 2017 to June 30, 2018 to M. K. Sharma.
15
XI. MATTERS RELATED TO CERTIFICATION OF COMPLIANCES AND DISCLOSURES
A. Whether the Company has made compliances and disclosure in respect of applicable provisions of the Companies Act, 2013 during the year: Yes
B. If No, give reasons/observations - Not Applicable
XII. PENALTY AND PUNISHMENT- DETAILS THEREOF (A) Details of penalties/punishment imposed on Company/ Directors /Officers: Nil (B) Details of Compounding of offences: Nil
XIII. WHETHER COMPLETE LIST OF SHAREHOLDERS, DEBENTURE HOLDERS HAS BEEN
ENCLOSED AS AN ATTACHEMENT: The list of shareholders and debenture holders will be submitted with the Ministry of Corporate Affairs.
XIV. COMPLIANCE OF SUB-SECTION (2) OF SECTION 92, INCASE OF LISTED COMPANIES
In case of a listed company or company having paid up share capital of Ten Crore rupees or more or turnover of Fifty Crore rupees or more, details of Company Secretary in whole time practice certifying the annual return in Form MGT-8: Form MGT-8 will be obtained from the Company Secretary in Practice for FY 2018 - 19.
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