ANNEXURE I

Format to be submitted by listed entity on quarterly basis

1.  Name of Listed Entity      - Firstsource Solutions Limited

2.  Quarter ending                 - 31-Mar-2021

 

i.          Composition Of Board Of Director

 

Name of the Director

DIN

Category (Chairperson

/Executive/Non- Executive/

Independent/

Nominee)

Sub Category

Initial Date of Appointment

Date of Appointment

Date of cessation

Tenure

Date of Birth

Whether special resolution passed?

Date of passing special resolution

No. of Directorship in listed entities including this listed entity

No of Independent Directorship in listed entities including this listed entity

No of memberships in Audit/ Stakeholder Committee(s) including this listed entity

No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity

Membership in Committees of the Company

Sanjiv Goenka

00074796

C,NED

 

03-Dec-2012

06-Aug-2013

 

100

29-Jan-1961

NA

 

6

0

6

4

 

Vipul Khanna

00889710

ED

CEO-MD

02-Aug-2019

11-Jan-2020

 

20

30-Nov-1969

NA

 

1

0

1

0

SC,RC

Pradip Roy

00026457

ID

 

03-Dec-2012

06-Aug-2018

 

84

12-Aug-1948

NA

 

3

3

6

0

AC,SC,NRC

Subrata Talukdar

01794978

NED

 

05-Dec-2012

06-Aug-2018

 

100

28-Jul-1958

NA

 

1

0

3

1

AC,SC,NRC

Shashwat Goenka

03486121

NED

 

05-Dec-2012

06-Aug-2018

 

100

12-Apr-1990

NA

 

5

0

3

0

RMC

Pradip Kumar Khaitan

00004821

NED

 

14-Nov-2014

03-Aug-2015

 

76

25-Mar-1941

Yes

21-Jul-2020

7

5

6

2

 

Grace Koshie

06765216

ID

 

09-Feb-2015

21-Jul-2020

 

73

14-Dec-1952

NA

 

3

2

2

1

AC,RC

Sunil Mitra

00113473

ID

 

01-Apr-2019

02-Aug-2019

 

24

24-Jun-1951

NA

 

4

4

7

2

AC

Pratip Chaudhuri

00915201

ID

 

01-Apr-2019

02-Aug-2019

 

24

12-Sep-1953

NA

 

6

5

9

2

NRC

Charles Richard Vernon Stagg

07176980

ID

 

06-May-2019

02-Aug-2019

 

23

27-Sep-1955

NA

 

2

2

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Remarks

 

Whether Permanent chairperson appointed

Yes

Whether Chairperson is related to MD or CEO

No

 

ii.           Composition of Committees

 

a.     Audit Committee

Sr. No.

Name of the Director

Category

Chairperson/Membership

Appointment Date

Cessation Date

1

Pradip Roy

ID

Member

01-Apr-2019

 

2

Sunil Mitra

ID

Member

01-Apr-2019

 

3

Subrata Talukdar

NED

Member

05-Dec-2012

 

4

Grace Koshie

ID

Chairperson

01-Apr-2019

 

 

Company Remarks

Whether Permanent chairperson appointed

Yes

b.    Stakeholders Relationship Committee

Sr. No.

Name of the Director

Category

Chairperson/Membership

Appointment Date

Cessation Date

1

Subrata Talukdar

NED

Chairperson

05-Dec-2012

 

2

Pradip Roy

ID

Member

01-Apr-2019

 

3

Vipul Khanna

ED

Member

02-Aug-2019

 

 

Company Remarks

 

Whether Permanent chairperson appointed

Yes

 

c.     Risk Management Committee

Sr. No.

Name of the Director

Category

Chairperson/Membership

Appointment Date

Cessation Date

1

Shashwat Goenka

NED

Chairperson

04-Feb-2019

 

2

Vipul Khanna

ED

Member

02-Aug-2019

 

3

Grace Koshie

ID

Member

04-Feb-2019

 

 

Company Remarks

Members of Risk Management Committee are as follows:

1. Mr. Shashwat Goenka, Chairman

2. Ms. Grace Koshie

3. Mr. Vipul Khanna, MD & CEO

4. Mr. Dinesh Jain, President & CFO

5. Mr. Arun Tyagi, EVP - Operational Excellence COE, Finance

Whether Permanent chairperson appointed

Yes

 

d.    Nomination and Remuneration Committee

Sr. No.

Name of the Director

Category

Chairperson/Membership

Appointment Date

Cessation Date

1

Pradip Roy

ID

Chairperson

01-Apr-2019

 

2

Subrata Talukdar

NED

Member

05-Dec-2012

 

3

Pratip Chaudhuri

ID

Member

01-Apr-2019

 

 

Company Remarks

 

Whether Permanent chairperson appointed

Yes

 

iii.       Meeting of Board of Directors

 

Date(s) of Meeting (if any) in the previous quarter

Date(s) of Meeting (if any) in the relevant quarter

Whether requirement of Quorum met

Number of Directors present

Number of Independent Directors present

28-Oct-2020

09-Feb-2021

Yes

9

4

 

Company Remarks

 

Maximum gap between any two consecutive (in number of days)

103

 

iv.       Meeting of Committees

 

Name of the Committee

Date(s) of meeting during of the committee in the previous quarter

Date(s) of meeting of the committee in the relevant quarter

Whether requirement of Quorum met (Yes/No)

Number of Directors present

Number of independent directors present

Audit Committee

28-Oct-2020

 

Yes

4

3

Audit Committee

 

09-Feb-2021

Yes

4

3

Nomination & Remuneration Committee

28-Oct-2020

 

Yes

3

2

Nomination & Remuneration Committee

 

09-Feb-2021

Yes

3

2

 

Company Remarks

 

Maximum gap between any two consecutive (in number of days) [Only for Audit Committee]

103

 

v.                   Related Party Transactions

Subject

Compliance status (Yes/No/NA)

Remark

Whether prior approval of audit committee obtained

Yes

 

Whether shareholder approval obtained for material RPT

Not Applicable

 

Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee

Yes

 

 

Disclosure of notes on related party transactions and Disclosure of notes of material related party transactions

 

 

VI.        Affirmations

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

b.        Nomination & remuneration committee - Yes

c.        Stakeholders relationship committee - Yes

d.       Risk management committee (applicable to the top 100 listed entities) - Yes

3.        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

4.        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

5.        a. This report and/or the report submitted in the previous quarter has been placed before Board of Directors. - Yes

b. Any comments/observations/advice of Board of Directors may be mentioned here:

ANNEXURE II

 

Format to be submitted by listed entity at the end of the financial year (for the whole of financial year)

 

I. Disclosure on website in terms of Listing Regulations

Item

Compliance status (Yes/No/NA)

Company Remark

Website

As per regulation 46(2) of the LODR:

 

 

 

Details of business

Yes

 

www.firstsource.com

Terms and conditions of appointment of independent directors

Yes

 

www.firstsource.com

Composition of various committees of board of directors

Yes

 

www.firstsource.com

Code of conduct of board of directors and senior management personnel

Yes

 

www.firstsource.com

Details of establishment of vigil mechanism/ Whistle Blower policy

Yes

 

www.firstsource.com

Criteria of making payments to non-executive directors

Yes

 

www.firstsource.com

Policy on dealing with related party transactions

Yes

 

www.firstsource.com

Policy for determining ‘material’ subsidiaries

Yes

 

www.firstsource.com

Details of familiarization programs imparted to independent directors

Yes

 

www.firstsource.com

Email address for grievance redressal and other relevant details entity who are responsible for assisting and handling investor grievances

Yes

 

www.firstsource.com

Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances other relevant details

Yes

 

www.firstsource.com

Financial results

Yes

 

www.firstsource.com

Shareholding pattern

Yes

 

www.firstsource.com

Details of agreements entered into with the media companies and/or their associates

Yes

 

www.firstsource.com

Schedule of analyst or institutional investor meet and presentations madeby the listed entity to analysts or institutional investors simultaneously withsubmission to stock exchange

Yes

 

www.firstsource.com

New name and the old name of the listed entity

Not Applicable

 

 

Advertisements as per regulation 47 (1)

Yes

 

www.firstsource.com

Credit rating or revision in credit rating obtained by the entity for all itsoutstanding instruments obtained

Yes

 

www.firstsource.com

Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year

Yes

 

www.firstsource.com

As per other regulations of the LODR:

 

 

 

Whether company has provided information under separate section on its website as per Regulation 46(2)

Yes

 

www.firstsource.com

Materiality Policy as per Regulation 30

Yes

 

www.firstsource.com

Dividend Distribution policy as per Regulation 43A (as applicable)

Yes

 

www.firstsource.com

It is certified that these contents on the website of the listed entity are correct.

Yes

 

www.firstsource.com

II Annual Affirmations

Particulars

Regulation Number

Compliance status (Yes/No/NA)

Company Remark

Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’

16(1)(b) & 25(6)

Yes

 

Board composition

17(1), 17(1A) & 17(1B)

Yes

 

Meeting of Board of directors

17(2)

Yes

 

Quorum of Board meeting

17(2A)

Yes

 

Review of Compliance Reports

17(3)

Yes

 

Plans for orderly succession for appointments

17(4)

Yes

 

Code of Conduct

17(5)

Yes

 

Fees/compensation

17(6)

Yes

 

Minimum Information

17(7)

Yes

 

Compliance Certificate

17(8)

Yes

 

Risk Assessment & Management

17(9)

Yes

 

Performance Evaluation of Independent Directors

17(10)

Yes

 

Recommendation of Board

17(11)

Yes

 

Maximum number of directorship

17A

Yes

 

Composition of Audit Committee

18(1)

Yes

 

Meeting of Audit Committee

18(2)

Yes

 

Composition of nomination & remuneration committee

19(1) & (2)

Yes

 

Quorum of Nomination and Remuneration Committee meeting


19(2A)

 

Yes

 

Meeting of nomination & remuneration committee


19(3A)

 

Yes

 

Composition of Stakeholder Relationship Committee

20(1), 20(2) and 20(2A)

Yes

 

Meeting of stakeholder relationship committee


20(3A)

 

Yes

 

Composition and role of risk management committee

21(1),(2),(3),(4)

Yes

 

Meeting of Risk Management Committee


22

 

Yes

 

Vigil Mechanism

22

Yes

 

Policy for related party Transaction

23(1),(1A),(5),(6),(7) & (8)

Yes

 

Prior or Omnibus approval of Audit Committee for all related party transactions

23(2), (3)

Yes

 

Approval for material related party transactions

23(4)

Yes

 

Disclosure of related party transactions on consolidated basis

23(9)

Yes

 

Composition of Board of Directors of unlisted material Subsidiary

24(1)

Yes

 

Other Corporate Governance requirements with respect to subsidiary of listed entity

24(2),(3),(4),(5) & (6)

Yes

 

Annual Secretarial Compliance Report


24(A)

 

Yes

 

Alternate Director to Independent Director

25(1)

Not Applicable

 

Maximum Tenure


25(2)

 

Yes

 

Meeting of independent directors

25(3) & (4)

Yes

 

Familiarization of independent directors

25(7)

Yes

 

Declaration from Independent Director

25(8) & (9)

Yes

 

D & O Insurance for Independent Directors

25(10)

Yes

 

Memberships in Committees

26(1)

Yes

 

Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel

26(3)

Yes

 

Disclosure of Shareholding by Non- Executive Directors

26(4)

Yes

 

Policy with respect to Obligations of directors and senior management

26(2) & 26(5)

Yes

 

 

 

Other Information

 

 

 

III Affirmations:

 

The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied. - Yes

Other Information