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16 W W 13R?
:1? flair-110066, 3m
GAIL BHAWAN,
16 BHIKAIJI CAMA PLACE
NEW DELHIe110066, INDIA
'fi'a (gm-I) W) tifi?I/PHONE:+911126182955(W W in W— WW q‘o—cm/FAX:+91 11 26185941
GAIL (India) Limited g—Efi/E-mail:info@gail.c0.in
(A Government of India Undertaking~A Maharatna Company)
ND/GAlL/SECTT/2019 July 12, 2019
1. Listing Department 2. Listing DepartmentNational Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Floor 1, Phiroze Jeej eebhoy Towers
Plot No. C/ 1, G Block, Dalal Street
Bandra-Kurla Complex, Bandra (East) Mumbai — 400001
Mumbai — 400051
Sub.: Quarterly Compliance Report on Corporate Governance — Regulation 27(2)(a) of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir,
Please find enclosed herewith Quarterly Compliance Report on Corporate Governance, in the
prescribed format, for the quarter ended 30‘h June, 2019.
This is in compliance of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015.
The above is for your information and records.
Thanking you
Yours faithfully
(A. . Jha
Company Secretary
Encl.: As above
Copy to:
Deutsche Bank AG, Filiale Mumbai K/A- Ms. Aparna Salunke
TSS & Global Equity Services
The Capital, 14th Floor
C-70, G Block, Bandra Kurla ComplexMumbai 400051
I
1. Name of the Company : GAIL (INDIA) LIMITED
2. Quarter ending on : 30th June, 2019
Stakeholder
RelationshipCommittee: 1
1. Composition of Board of Directors
.
No. Of. Number of N0. of post of
Directorshlp . . . .
in listedmemberships 1n Chairperson in
Categoryt't'
Audit/ Audit/ Stakeholder
(Chairperson Date of incletildilnlgesthis Stakeholder Committee held in
TitleName of the
/Executive/ Appointmentlisted entity
Committee(s) listed entities
(Mr./ . PAN & DIN Non- in the current Tenure including this including this listedDirector . . . .
Ms.) Executzve/ term/(Refer
llsted entity entity
Independent/ CessationRe “10mm
Nominee) 2%(1) of(Refer Regulation (Refer Regulation
Listing26(1) ofListing 26(1) oflasting
Regulations)Regulatzons) Regulations)
Mr. B. C. Tripathi ACDPT4559L & Chairperson — 01.08.2009 10 years 3 Audit Committee : Audit Committee : 0
01657366 Executive'
0
Director Stakeholder
Stakeholder Relationship
Relationship Committee: 0
Committee : 0
Dr. Ashutosh AHGPK1919B Executive 01.03.2014 6 years and 1 Audit Committee Audit Committee : 0
Karnatak & Director 4 months 0
03267102
Stakeholder
RelationshipCommittee: 0
Mr. P.K. Gupta AAJPG5758J Executive 01.02.2017 4 years and Audit Committee : Audit Committee :
& Director 2 months 0
0123 7706 Stakeholder
Stakeholder Relationship
Relationship Committee: 0
Committee : 1
Mr. Gajendra Singh AUFPS1125D Executive 05.04.2017 3 years and Audit Committee : Audit Committee :
& Director 3 months 2
03290248 Stakeholder
Stakeholder Relationship
Relationship Committee: 0
Committee: 0
Mr. Manoj Jain AAPPJ6121Q Executive 05.06.2018 4 years and Audit Committee : Audit Committee :
& Director 3 months 1
07556033 Stakeholder
Stakeholder Relationship
Relationship Committee: 0
Committee: 0
Mr. A K Tiwari ACAPT2160N Executive 01.12.2018 3 Years Audit Committee : Audit Committee 2
& Director 1
07654612 Stakeholder
Stakeholder Relationship
Relationship Committee: 0
Committee: 0
Mr. Ashutosh Jindal ABZPJ0151F Non- 27.05.2019 3 Years Audit Committee : Audit Committee :
& executive 0
05286122 Director — Stakeholder
Nominee Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 0
Mr. Ashish ADMPC7739H Non- 23.12.2016 3 Years Audit Committee : Audit Committee : 0
Chattelj ee & executive 0
07688473 Director —
Nominee
Director Stakeholder Stakeholder
Relationship RelationshipCommittee: 0 Committee: 0
Ms. Indrani Kazishal AAUPK7465M Non- 22.09.20] 7/ I Year and Audit Committee .' Audit Committee .' 0
executive 2 7. 05.2019 8 months 0
Director — Stakeholder
Nominee Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 0
Mr. S. K. Srivastava AHIPSS693L Non— 20.11.2015 4 Years Audit Committee : Audit Committee : 0
& executive 1
02163658 Director — Stakeholder
Independent Stakeholder RelationshipDirector Relationship Committee: 0
Committee : 0
Mr. Anupam ACAPK5776H Non- 28.11.2015 4 Years Audit Committee : Audit Committee : 1
Kulshreshtha & executive (Date of 1
07352288 Director — obtaining of Stakeholder
Independent DIN) Stakeholder RelationshipDirector Relationship Committee: 0
Committee : 0
Mr. Sanjay Tandon AAGPT723 8P Non- 20.11.2015/ 4 Years Audit Committee : Audit Committee : 0
& executive 18.11.2019 2
00484699 Director — Stakeholder
Independent Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 0
Mr. Dinkar AAYPSZ752H Non— 31.01.2017 3 Years Audit Connnittee : Audit Committee : 0
Prakash & executive 0
Srivastava 07418753 Director — Stakeholder Stakeholder
Independent Relationship RelationshipDirector Committee: 1 Committee: 1
Dr. Anup AHTPP6079N Non— 31.01.2017 3 Years Audit Committee : Audit Committee : 0
K. & executive 0
Puj ari 02556335 Director — Stakeholder
Independent Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 0
Jayanto Narayan AAAPC1334M Non- 15.09.2017 3 Years Audit Connnittee : Audit Committee : 0
Mr. Choudhury & executive 0
07940286 Director - Stakeholder
Independent Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 0
Dr. Rahul Mukherjee AEQPM0293R Non— 15.09.2017 3 Years Audit Committee : Audit Committee : 0
& executive 0
07940278 Director - Stakeholder
Independent Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 1
Ms. Banto Devi AJYPK7553P Non- 06.08.2018 3 Years Audit Committee : Audit Committee : 0
Kataria & executive 0
08194036 Director - Stakeholder
Independent Stakeholder RelationshipDirector Relationship Committee: 0
Committee: 0
II. Composition of Committees
Name of Committee Name of Committee membersCategory
(Chairperson/Executive/Non-Executive/Independent/Nominee)
. Audit Committee
1. Shri Anupam Kulshreshtha Chairperson— Non-Executive — Independent Director
2. Shri Gajendra Singh Executive Director
3. Shri Sanjay Tandon Non-Executive — Independent Director
4. Shri S.K. Srivastava Non—Executive — Independent Director
Nomination & Remuneration
Committee
Dr. Rahul Mukheij ee Chairperson, Non-Executive - Independent Director
Risk Management Committee
2. Shri Dinkar Prakash Srivastava Non-Executive - Independent Director
3. Shri Jayanto Narayan Choudhury Non-Executive — Independent Director
1. Shri Gaj endra Singh Chairperson e Executive Director
2. Dr. Ashutosh Kamatak Executive Director
3. Shri P.K. Gupta Executive Director
4. Shri Manoj Jain Executive Director
5. Sln'i A K Tiwari Executive Director
6. Shri Rajiv Mathur Chief Risk Officer (Senior executive*)
7. Shri Sashi Menon Head of Treasury (Senior executive*)
1. Shri Dinkar Prakash Srivastava Chairperson ~ Non-Executive - Independent Director
4. Stakeholders Relationship2. Dr. Ashutosh Kamatak Executive Director
Committee 3. Shri P.K. Gupta Executive Director
4. Dr. Rahul Mukherjee Non-Executive — Independent Director
* Senior Executive includes those members ofRisk Management Committee who are not the Board members of the Company.
111. Meeting of Board of Directors
Date(s) of meeting (If any) in the Date(s) of Meeting (if any) in the Maximum gap between any two consecutive meetings
previous quarter relevant quarter (in number of days)05.02.2019 12.04.2019
05.03.2019 13.05.2019 37
18.05.2019
27.05.2019
12.06.2019
IV. Meeting of Committees
Date (s) of meeting of the committee Whether requirement of Date(s) of meeting of the Maximum gap between any two
in the relevant quarter Quorum met (details) committee in the previous consecutive meetings in number of
quarter days**
Audit Committee
10.04.2019 Yes 11.01.2019
08.05.2019 Yes 30.01.2019 42
27.05.2019 Yes 05.02.2019
12.06.2019 Yes 26.02.2019
28.06.2019
Stakeholders Relationship Committee
i..... | 07.01.2019 \ —————
Nomination & Remuneration Committee
Risk Management Committee
I ————— \ 19.02.2019 |—————
** This information has to be mandatorily given for Audit Committee, for rest of the Committee giving this information is optional.
IV. Related Party Transactions
Subject Compliance Status (Yes/No/NA)refer note below
Whether prior approval of Audit Committee obtained Yes
Whether shareholder approval obtained for material RPT Yes#
Whether details of RPT entered into pursuant to omnibus approval have Yes
been reviewed by Audit Committee
#Material Related Party Transaction
The consolidated turnover of the Company as per the auditedfinancial statements for FY 2018—19 is Rs. 75,912 crores and the expected value of transactions
with Petronet LNG Limited FY 2019-20 will be approx. Rs. 20,254 crores, which is more than 10% of consolidated turnover of the Company for the
FY 2018—19. GAIL ’s Board in its 403”] meeting held on 12.06.2019 approved Material Related Party Transaction with Petronet LNG Limited for the
FY 2019-20 and has recommended the same for the shareholders’
approval in its forthcoming Annual General Meeting.
V. Affirmations
l. The composition of Board of Directors is in teims of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. The composition of the following Committees is in terms of SEBI (Listing Obligations and Disclosure Requirements ) Regulations, 2015:
a. Audit Committee
b. Nomination & Remuneration Committee
c. Stakeholders Relationship Committee
d. Risk Management Committee
3. The Committee members have been made aware of their powers, role and responsibilities as specified in (Listing Obligations and DisclosureRequirements) Regulations, 2015.
4. The meetings of the Board of Directors and the above Committees have been conducted in the manner as specified in SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015 .
5. Compliance Report on Corporate Governance for the Quaiter ended 31.03.2019 was put up in 400‘h Board Meeting held on 13.05.2019 but the itemwas deferred due to paucity of time. Accordingly it was put up and confirmed in 402nd Board Meeting held on 27.05.2019.
(A. K. J12)”Company SecretaryDated: /.3- 07.9201 3
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