General information about company

Scrip code 533451
NSE Symbol KARMAENG
MSEI Symbol NOT LISTED
ISIN INE725L01011
Name of the entity KARMA ENERGY LIMITED
Date of start of financial year 01-04-2020
Date of end of financial year 31-03-2021
Reporting Quarter Quarterly
Date of Report 31-12-2020
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
Wether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No
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 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 (Refer Regulation 17A(1) of Listing Regulations 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) Notes for not providing PAN Notes for not providing DIN
1 Mr Dharmendra Gulabchand Siraj AADPS0939D 00025543 Non-Executive - Non Independent Director Chairperson 28-12-1951 NA 26-08-2010 22-12-2020 2 0 4 0
2 Mr Chetan Durgadas Mehra AABPM4010H 00022021 Non-Executive - Non Independent Director Not Applicable 02-10-1966 NA 15-03-2007 07-08-2018 2 0 3 1
3 Mr Neelkamal Vrajlal Siraj AADPS0933K 00021986 Non-Executive - Non Independent Director Not Applicable 25-06-1953 NA 26-08-2010 06-08-2019 2 0 1 0
4 Mr Kishore Madhavsinh Vussonji AAAPV6236H 00444408 Non-Executive - Independent Director Not Applicable 18-09-1946 Yes 06-08-2019 04-03-2011 06-08-2019 60 4 4 8 3



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

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 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 (Refer Regulation 17A(1) of Listing Regulations 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) Notes for not providing PAN Notes for not providing DIN
5 Mrs Smita Vinesh Davda AARPD0829K 00050218 Non-Executive - Independent Director Not Applicable 06-03-1962 NA 20-03-2015 17-11-2017 60 2 2 6 1
6 Mr Balady Shekar Shetty AHQPS5613J 01262317 Non-Executive - Independent Director Not Applicable 10-03-1952 NA 24-05-2017 23-08-2017 60 2 2 5 4
7 Mr Ganesh Narasimha Kamath AJDPK9555C 00040805 Executive Director Not Applicable 14-09-1942 NA 15-03-2007 14-11-2020 1 0 1 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 01262317 Balady Shekar Shetty Non-Executive - Independent Director Chairperson 24-05-2017
2 00444408 Kishore Madhavsinh Vussonji Non-Executive - Independent Director Member 30-03-2019
3 00050218 Smita Vinesh Davda Non-Executive - Independent Director Member 17-11-2017


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 00444408 Kishore Madhavsinh Vussonji Non-Executive - Independent Director Chairperson 28-05-2015
2 00025543 Dharmendra Gulabchand Siraj Non-Executive - Non Independent Director Member 27-05-2014
3 00050218 Smita Vinesh Davda Non-Executive - Independent Director Member 30-03-2019


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 00022021 Chetan Durgadas Mehra Non-Executive - Non Independent Director Chairperson 17-11-2017
2 00025543 Dharmendra Gulabchand Siraj Non-Executive - Non Independent Director Member 29-03-2011
3 00050218 Smita Vinesh Davda Non-Executive - Independent Director Member 17-11-2017


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) Number of Directors present* No. of Independent Directors attending the meeting*
1 10-08-2020 Yes 5 1
2 15-09-2020 35 Yes 6 2
3 11-11-2020 56 Yes 7 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) Number of Directors present* No. of Independent Directors attending the meeting*
1 Audit Committee 10-08-2020 Yes 2 2
2 Audit Committee 15-09-2020 35 Yes 2 2
3 Audit Committee 11-11-2020 56 Yes 2 2
4 Nomination and remuneration committee 11-11-2020 Yes 3 2
5 Stakeholders Relationship Committee 11-11-2020 Yes 3 1



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 NA
2 Whether shareholder approval obtained for material RPT NA
3 Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee NA


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 500 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 T V Subramanian
2 Designation Company Secretary and Compliance Officer



Signatory Details

Name of signatory T V Subramanian
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 11-01-2021