General information about company

Scrip code526795
NSE Symbol
MSEI Symbol
ISININE007G01014
Name of the entityMAHASAGAR TRAVELS LIMITED
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Reporting QuarterHalf Yearly
Date of Report30-09-2020
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 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
1MrBHAGCHAND G SUKHWANIAGDPS0955P00579112Executive DirectorNot ApplicableCEO-MD27-09-1963NA01-01-199429-09-20191000
2MrKARTIKKUMAR R UPADHYAYAADPU7976Q02288097Non-Executive - Non Independent DirectorChairperson29-01-1961NA16-12-199325-09-20171011
3MrPRAKASHBHAI K KAKKADADEPK4244P02355435Executive DirectorNot Applicable28-11-1955NA16-12-199329-09-20191000
4MrRAVI S KARIAAPBPK3830N00578672Non-Executive - Non Independent DirectorNot Applicable03-03-1982NA20-09-200325-09-20171000



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
5MrRAJIVBHAI N MAHETAAOMPM6281M07898792Non-Executive - Independent DirectorNot Applicable20-03-1965NA25-09-2017601100
6MsKAVITA A BACHANIBGKPB1935Q07310630Non-Executive - Non Independent DirectorNot Applicable19-08-1987NA19-01-201629-09-20191000
7Mr KANAIYALA G NARUMALANIAAGPN5694P00402338Non-Executive - Independent DirectorNot Applicable04-04-1940Yes29-09-201929-09-2019601111
8MrJASUBHAI N BAREVADIAAARPB3367J08551423Non-Executive - Independent DirectorNot Applicable01-02-1954NA29-09-2019601120



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
9MrABHAY J SUKHWANIGLOPS8588G08396401Non-Executive - Non Independent DirectorNot Applicable14-11-1997NA29-09-20191000




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
100402338 KANAIYALA G NARUMALANINon-Executive - Independent DirectorChairperson01-10-2019
202288097KARTIKKUMAR R UPADHYAYNon-Executive - Non Independent DirectorMember01-04-2011
308551423JASUBHAI N BAREVADIANon-Executive - Independent DirectorMember01-10-2019


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
108551423JASUBHAI N BAREVADIANon-Executive - Independent DirectorChairperson01-10-2019
200402338 KANAIYALA G NARUMALANINon-Executive - Independent DirectorMember01-10-2019
302288097KARTIKKUMAR R UPADHYAYNon-Executive - Non Independent DirectorMember30-04-2017


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
200402338 KANAIYALA G NARUMALANINon-Executive - Independent DirectorMember01-10-2019
308551423JASUBHAI N BAREVADIANon-Executive - Independent DirectorMember01-10-2019


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
200402338 KANAIYALA G NARUMALANINon-Executive - Independent DirectorMember01-10-2019
308551423JASUBHAI N BAREVADIANon-Executive - Independent DirectorMember01-10-2019


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*
130-06-2020Yes93
201-09-202062Yes93
315-09-202013Yes93



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 Committee25-06-2020Yes32
2Audit Committee10-09-202076Yes32
3Stakeholders Relationship Committee30-06-2020Yes32
4Stakeholders Relationship Committee20-08-2020Yes32



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 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

Annexure 1

SrSubjectCompliance status
1Name of signatoryBHAGCHAND G SUKHWANI
2DesignationManaging Director



Annexure III

III. Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website46(2)Yes
2Presence of Chairperson of Audit Committee at the Annual General Meeting18(1)(d)NA
3Presence of Chairperson of the nomination and remuneration committee at the annual general meeting19(3)NA
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) NA
5Whether “Corporate Governance Report” disclosed in Annual Report34(3) read with para C of Schedule VYes
Any other information to be provided




Annexure III

1Name of signatoryBHAGCHAND G SUKHWANI
2DesignationManaging Director



Signatory Details

Name of signatoryBHAGCHAND G SUKHWANI
Designation of personManaging Director
PlaceJUNAGADH
Date30-09-2020