General information about company

Scrip code526795
NSE SymbolMHSGRMS
MSEI Symbol
ISININE007G01014
Name of the entityMAHASAGAR TRAVELS LIMITED
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 committeeApplicable
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
1MrBHAGCHAND G SUKHWANIAGDPS0955P00579112Executive DirectorNot ApplicableCEO-MD27-09-196301-01-199430-09-20141000
2MrKARTIKKUMAR R UPADHYAYAADPU7976Q02288097Non-Executive - Non Independent DirectorChairperson29-01-196116-12-199316-12-19931011
3MrPRAKASHBHAI K KAKKADADEPK4244P02355435Executive DirectorNot Applicable28-11-195516-12-199330-09-20141000
4MrRAVI S KARIAAPBPK3830N00578672Non-Executive - Non Independent DirectorNot Applicable03-03-198220-09-200320-09-20031000



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
5MrAMIT G PANDEADDPP9525F00684673Non-Executive - Independent DirectorNot Applicable12-04-197115-07-200130-09-2014601111
6MrSANJAY P MAHEMDAVADIAOZPM4369P02356066Non-Executive - Independent DirectorNot Applicable05-03-196315-07-200130-09-2014601120
7MrRAJIVBHAI N MAHETAAOMPM6281M07898792Non-Executive - Independent DirectorNot Applicable20-03-196525-09-201725-09-2017601100
8MsKAVITA A BACHANIBGKPB1935Q07310630Non-Executive - Non Independent DirectorNot Applicable19-08-198719-01-201627-08-20161000




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
100684673AMIT G PANDENon-Executive - Independent DirectorChairperson01-04-2011
202288097KARTIK R UPADHYAYNon-Executive - Non Independent DirectorMember01-04-2011
302356066SANJAY P MAHEMDAVADINon-Executive - Independent DirectorMember01-04-2011


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
102288097KARTIKKUMAR R UPADHYAYNon-Executive - Non Independent DirectorMember30-04-2017
200684673AMIT G PANDENon-Executive - Independent DirectorMember30-04-2017
302356066SANJAY P MAHEMDAVADINon-Executive - Independent DirectorChairperson30-04-2017


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
102288097KARTIKKUMAR R UPADHYAYNon-Executive - Non Independent DirectorChairperson01-04-2010
200684673AMIT G. PANDENon-Executive - Independent DirectorMember01-04-2010
302356066SANJAY P .MAHEMDAVADINon-Executive - Independent DirectorMember01-04-2010


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
100578672RAVI S KARIANon-Executive - Non Independent DirectorChairperson01-04-2015
200684673AMIT G. PANDENon-Executive - Independent DirectorMember01-04-2015
302356066SANJAY P. MAHEMDAVADINon-Executive - Independent DirectorMember01-04-2015


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*
110-01-2019Yes
214-02-201934Yes
331-03-201944Yes
430-05-201959Yes83
530-06-201930Yes83



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 Committee11-02-2019Yes32
2Audit Committee25-05-2019102Yes32
3Stakeholders Relationship Committee25-02-2019Yes32
4Stakeholders Relationship Committee25-05-201988Yes32



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 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 100 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

Annexure 1

SrSubjectCompliance status
1Name of signatoryBHAGCHAND G SUKHWANI
2DesignationManaging Director



Signatory Details

Name of signatoryBHAGCHAND G SUKHWANI
Designation of personManaging Director
PlaceJUNAGADH
Date30-06-2019