General information about company | |
| Scrip code | 544149 |
| NSE Symbol | KRYSTAL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0QN801017 |
| Name of the entity | Krystal Integrated Services Limited |
| Date of start of financial year | 01-04-2024 |
| Date of end of financial year | 31-03-2025 |
| Reporting Quarter | Half Yearly |
| Date of Report | 30-09-2024 |
| Risk management committee | Applicable |
| Market Capitalisation as per immediate previous Financial Year | Top 2000 listed entities |
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 | Textual Information(1) | ||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | ||||||||||||||||||||||||
| 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 | |||||||||||||||||
| 1 | Mrs | Neeta Prasad Lad | AACPL5035A | 01122234 | Executive Director | Chairperson | MD | 25-11-1966 | |||||||||||||||||
| 2 | Mr | Sanjay Suryakant Dighe | ADNPD3260D | 02042603 | Executive Director | Not Applicable | CEO | 29-08-1965 | |||||||||||||||||
| 3 | Mr | Pravin Ramesh Lad | ABGPL7114D | 01710743 | Executive Director | Not Applicable | 09-01-1976 | ||||||||||||||||||
| 4 | Ms | Saily Prasad Lad | AFNPL4262P | 05336504 | Executive Director | Not Applicable | 12-12-1991 | ||||||||||||||||||
| 5 | Mr | Shubham Prasad Lad | AMHPL0006C | 07557584 | Executive Director | Not Applicable | 02-11-1995 | ||||||||||||||||||
| 6 | Mr | Professor Sunder Ram Govind Raghavan Korivi | AORPK2611L | 01590692 | Non-Executive - Independent Director | Not Applicable | 09-10-1963 | ||||||||||||||||||
| 7 | Mrs | Dr. Yajyoti Digvijay Singh | ADXPS4895H | 07971678 | Non-Executive - Independent Director | Not Applicable | 11-07-1965 | ||||||||||||||||||
| 8 | Mrs | Lt. Colonel Kaninika Thakur | AECPT1605E | 10269540 | Non-Executive - Independent Director | Not Applicable | 04-06-1980 | ||||||||||||||||||
| 9 | Mrs | Dhanya Pattahil | AISPP4727B | 00130569 | Non-Executive - Independent Director | Not Applicable | 04-10-1977 | ||||||||||||||||||
| 10 | Mr | Mahesh Vinayak Redkar | ADLPR4398E | 10614348 | Non-Executive - Independent Director | Not Applicable | 08-03-1964 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | Active | |||||||||||||||||||||||
| 7 | No | Active | |||||||||||||||||||||||
| 8 | No | Active | |||||||||||||||||||||||
| 9 | No | Active | |||||||||||||||||||||||
| 10 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | 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 [with reference to proviso to regulation 17A(1) & 17A(2)] | 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) | Reason for Cessation | Notes for not providing PAN | Notes for not providing DIN | ||||||||||||||
| 1 | NA | 01-04-2006 | 15-09-2023 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 2 | NA | 08-12-2010 | 15-09-2023 | 1 | 0 | 2 | 0 | ||||||||||||||||||||
| 3 | NA | 15-10-2009 | 15-09-2023 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 4 | NA | 20-10-2015 | 15-09-2023 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 5 | NA | 05-03-2019 | 15-09-2023 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 6 | NA | 30-06-2023 | 15 | 1 | 1 | 2 | 2 | ||||||||||||||||||||
| 7 | NA | 25-08-2023 | 13 | 1 | 1 | 1 | 0 | ||||||||||||||||||||
| 8 | NA | 25-08-2023 | 13 | 1 | 1 | 0 | 0 | ||||||||||||||||||||
| 9 | NA | 03-08-2023 | 13 | 1 | 1 | 1 | 0 | ||||||||||||||||||||
| 10 | NA | 25-06-2024 | 3 | 1 | 1 | 1 | 0 | ||||||||||||||||||||
Text Block | |
| Textual Information(1) | 1. Neeta Prasad Lad is the Chairperson and Managing Director of the company. Same person holds the post of Chairperson and Managing Director. 2.The shareholders in their AGM held on 16-09-2024 regularized the appointment of Mr. Mahesh Vinayak Redkar as an ID of the Company, for a term of five consecutive years effective from 25-06-2024 to 24-06-2029. |
Annexure 1 | |||||||
II. Composition of Committees | |||||||
| Disclosure of notes on composition of committees explanatory | Textual Information(1) | ||||||
Annexure 1 Text Block | |
| Textual Information(1) | 3. The Audit Committee was re-constituted on 12-08-2024 and Mr. Mahesh Vinayak Redkar was inducted as a Member of the Committee with effect from 12-08-2024. 4. The Nomination, Remuneration and Compensation Committee was re-constituted on 12-08-2024 and Mr. Mahesh Vinayak Redkar was inducted as a Member of the Committee with effect from 12-08-2024. 5. The Stakeholders Relationship Committee was re-constituted on 12-08-2024 and Mr. Mahesh Vinayak Redkar was inducted as a Member of the Committee with effect from 12-08-2024. 6. Though the format of Corporate Governance Report as provided in the SEBI Master Circular doesnt provide to furnish the details of CSR Committee, however the same has been provided to sync it with the XBRL format which requires the details of CSR Committee to be provided.
|
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 | 01590692 | Professor Sunder Ram Govind Raghavan Korivi | Non-Executive - Independent Director | Chairperson | 25-08-2023 | ||
| 2 | 02042603 | Sanjay Suryakant Dighe | Executive Director | Member | 25-08-2023 | ||
| 3 | 07971678 | Dr. Yajyoti Digvijay Singh | Non-Executive - Independent Director | Member | 16-05-2024 | ||
| 4 | 10614348 | Mahesh Vinayak Redkar | Non-Executive - Independent Director | Member | 12-08-2024 | ||
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 | 10269540 | Lt. Colonel Kaninika Thakur | Non-Executive - Independent Director | Chairperson | 25-08-2023 | ||
| 2 | 07971678 | Dr. Yajyoti Digvijay Singh | Non-Executive - Independent Director | Member | 25-08-2023 | ||
| 3 | 00130569 | Dhanya Pattahil | Non-Executive - Independent Director | Member | 25-08-2023 | ||
| 4 | 10614348 | Mahesh Vinayak Redkar | Non-Executive - Independent Director | Member | 12-08-2024 | ||
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 | 01590692 | Professor Sunder Ram Govind Raghavan Korivi | Non-Executive - Independent Director | Chairperson | 25-08-2023 | ||
| 2 | 00130569 | Dhanya Pattahil | Non-Executive - Independent Director | Member | 25-08-2023 | ||
| 3 | 02042603 | Sanjay Suryakant Dighe | Executive Director | Member | 25-08-2023 | ||
| 4 | 10614348 | Mahesh Vinayak Redkar | Non-Executive - Independent Director | Member | 12-08-2024 | ||
Risk Management Committee | |||||||
| Whether the Risk Management 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 | 10269540 | Lt. Colonel Kaninika Thakur | Non-Executive - Independent Director | Chairperson | 25-08-2023 | ||
| 2 | 02042603 | Sanjay Suryakant Dighe | Executive Director | Member | 25-08-2023 | ||
| 3 | 07971678 | Dr. Yajyoti Digvijay Singh | Non-Executive - Independent Director | Member | 16-05-2024 | ||
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 |
| 1 | 01122234 | Neeta Prasad Lad | Executive Director | Chairperson | 31-07-2014 | ||
| 2 | 07971678 | Dr. Yajyoti Digvijay Singh | Non-Executive - Independent Director | Member | 25-08-2023 | ||
| 3 | 02042603 | Sanjay Suryakant Dighe | Executive Director | Member | 31-07-2014 | ||
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) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 10-04-2024 | Yes | 10 | 10 | 5 | |||
| 2 | 13-05-2024 | 32 | Yes | 9 | 8 | 4 | ||
| 3 | 27-05-2024 | 13 | Yes | 9 | 9 | 4 | ||
| 4 | 12-07-2024 | 45 | Yes | 10 | 10 | 5 | ||
| 5 | 12-08-2024 | 30 | Yes | 10 | 9 | 5 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | Textual Information(1) | |||||||||
| 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) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 1 | Audit Committee | 10-04-2024 | Yes | 3 | 3 | 2 | 7 | |||
| 2 | Audit Committee | 13-05-2024 | 32 | The composition of the Audit Committee was not in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the meeting held on 13-05-2024.
| No | 2 | 2 | 1 | 3 | |
| 3 | Audit Committee | 27-05-2024 | 13 | Yes | 3 | 3 | 2 | 6 | ||
| 4 | Audit Committee | 12-08-2024 | 76 | Yes | 3 | 3 | 2 | 6 | ||
| 5 | Nomination and remuneration committee | 27-05-2024 | Yes | 3 | 3 | 3 | 2 | |||
| 6 | Nomination and remuneration committee | 12-08-2024 | 76 | Yes | 3 | 3 | 3 | 2 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| 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) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 7 | Risk Management Committee | 12-08-2024 | Yes | 3 | 3 | 2 | 3 | |||
| 8 | Corporate Social Responsibility Committee | 27-05-2024 | Yes | 3 | 3 | 1 | 2 | |||
| 9 | Corporate Social Responsibility Committee | 12-08-2024 | 76 | Yes | 3 | 2 | 1 | 2 | ||
Text Block | ||
| Textual Information(1) | 7: No RMC Meeting was held during the quarter ended 30-06-2024
8: No SRC Meeting was held during the quarter ended 30-09-2024
9: No SRC Meeting was held during the quarter ended 30-06-2024.
10 The last meeting of Stakeholders Relationship Committee was held on 28-03-2024
| |
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 | Yes | |
| 2 | Whether shareholder approval obtained for material RPT | Yes | |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | Yes | |
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 1000 listed entities) | Yes | |
| 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 | |
| 9 | Any comments/observations/advice of Board of Directors may be mentioned here: | Textual Information(1) | |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Stuti Maru |
| 2 | Designation | Company Secretary and Compliance Officer |
Text Block | ||
| Textual Information(1) |
| |
Annexure III | ||||
III. Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website | 46(2) | Yes | |
| 2 | Presence of Chairperson of Audit Committee at the Annual General Meeting | 18(1)(d) | Yes | |
| 3 | Presence of Chairperson of the nomination and remuneration committee at the annual general meeting | 19(3) | Yes | |
| 4 | Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting | 20(3) | Yes | |
| 5 | Disclosure of the Secretarial Audit Report of the listed entity and the material subsidiaries in the Annual Report | 24A(1) | Yes | |
| 6 | Submission of Annual Secretarial Compliance Report | 24A(2) | Yes | |
| 7 | Whether “Corporate Governance Report” disclosed in Annual Report | 34(3) read with para C of Schedule V | Yes | |
| Any other information to be provided | Textual Information(1) | |||
Text Block | |||
| Textual Information(1) | 12: As on March 31, 2024, the Company does not fall under top 1000 listed entities (by market capitalization) as per SEBI Circular No. SEBI/HO/CFD/CMD-2/P/CIR/2021/562 dated May 10, 2021. Hence, requirement of adding Business responsibility and sustainability report in the Annual report and displaying the Annual report including Business responsibility and sustainability report are not applicable to the Company. 13: The Company does not have any material subsidiaries. Hence, the Secretarial Audit report of material subsidiaries are not included in the Annual report of the Company | ||
Annexure III | ||
| 1 | Name of signatory | Stuti Maru |
| 2 | Designation | Company Secretary and Compliance Officer |
Additional Half yearly Disclosure | |||||||
| Applicability of disclosure | Applicable | ||||||
| Reason for Non Applicability | Textual Information(1) | ||||||
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below | |||||||
| (A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to | |||||||
| Entity | Aggregate amount advanced during six months | Balance outstanding at the end of six months | |||||
| Promoter or any other entity controlled by them | 2644090 | 2644090 | |||||
| Promoter Group or any other entity controlled by them | 8655000 | 59814906 | |||||
| Directors (including relatives) or any other entity controlled by them | 0 | 0 | |||||
| KMPs or any other entity controlled by them | 0 | 0 | |||||
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By | |||||||
| Entity | Type (guarantee, comfort letter etc.) | Aggregate amount of issuance during six months | Balance outstanding at the end of six months(taking into account any invocation) | ||||
| Promoter or any other entity controlled by them | 0 | 0 | 0 | ||||
| Promoter Group or any other entity controlled by them | 0 | 0 | 0 | ||||
| Directors (including relatives) or any other entity controlled by them | 0 | 0 | 0 | ||||
| KMPs or any other entity controlled by them | 0 | 0 | 0 | ||||
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by | |||||||
| Entity | Type of security (cash, shares etc.) | Aggregate value of security provided during six months | Balance outstanding at the end of six months | ||||
| Promoter or any other entity controlled by them | 0 | 0 | 0 | ||||
| Promoter Group or any other entity controlled by them | 0 | 0 | 0 | ||||
| Directors (including relatives) or any other entity controlled by them | 0 | 0 | 0 | ||||
| KMPs or any other entity controlled by them | 0 | 0 | 0 | ||||
| (D) Additional Information | Textual Information(2) | ||||||
II. Affirmations | |||||||
| Affirmations | Compliance Status | Company Remarks | |||||
| All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. | Yes | Textual Information(3) | |||||
| Name | Barun Dey | ||||||
| Designation | CFO | ||||||
| Place | Mumbai | ||||||
| Date | 16-10-2024 | ||||||
Text Block |
Details of Cyber security incidence | ||
| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr. | Date of the event | Brief details of the event |
Signatory Details | |
| Name of signatory | Stuti Maru |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Mumbai |
| Date | 16-10-2024 |