Action Construction Equipment : Corporate Governance Report 30.06.2023

ANNEXURE I

Format to be submitted by listed entity on quarterly basis

1. Name of Listed Entity - Action Construction Equipment Limited

2. Quarter ending

- 30-June-2023

1. Composition Of Board Of Director

Ti

Name of

DIN

PA

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Sub

Initial

Date of

D

Ten

Date of

Wh

Date of

No.

No of

No of

No of

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tle

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gory

Cat

Date of

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ure

Birth

eth

passing

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listed

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entities

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listed

ding

g this

entity

this

listed

listed

entity

entity

Mr.

Vijay

00057634

C &

MD

13-Jan-

01-Oct-

13-Jan-

NA

1

0

1

0

AC,RC

Agarwal

ED

1995

2018

1949

Mrs.

Mona

00057653

ED

13-Jan-

01-Oct-

18-Nov-

NA

1

0

0

0

Agarwal

1995

2018

1955

Mr.

Sorab

00057666

ED

20-Mar-

01-Oct-

27-Feb-

NA

1

0

1

0

SC,RC

Agarwal

1998

2018

1977

Mrs.

Surbhi

01558782

ED

12-Nov-

01-Apr-

11-Jan-

NA

1

0

0

0

Garg

2011

2020

1978

Mr.

Avinash

00161107

ID

01-Oct-

01-Oct-

60

01-Oct-

Yes

27-Sep-

4

4

7

1

AC,SC,

Parkash

2019

2019

1938

2019

NRC

Gandhi

Mrs.

Divya

08722144

ID

01-Apr-

01-Apr-

60

21-Mar-

NA

1

1

1

1

SC,RC,

Singal

2020

2020

1961

NRC

Mr.

Shriniwas

06572418

ID

24-Sep-

24-Sep-

60

08-Nov-

NA

1

1

1

0

AC,NR

Vashisht

2020

2020

1955

C

Mr.

Jagan

08841478

ID

06-Nov-

06-Nov-

60

15-May-

NA

1

1

1

0

AC

Nath

2020

2020

1954

Chamber

Company Remarks

Whether Regular chairperson appointed

Yes

Whether Chairperson is related to MD or CEO

Yes

Page 1 of 4

1. Composition of Committees

	a.	Audit Committee
	Sr. No.	Name of Committee members		Category	Chairperson/Member	Date of Appointment	Date of Cessation
		1	Avinash Parkash Gandhi		ID	Chairperson	01-Oct-2019
		2	Shriniwas Vashisht			ID	Member	24-Sep-2020
		3	Jagan Nath Chamber			ID	Member	06-Nov-2020
		4	Vijay Agarwal			C & ED	Member	01-Oct-2018
	Company Remarks
	Whether Regular chairperson appointed				Yes
	b.	Stakeholders Relationship Committee
	Sr. No.	Name of Committee members		Category	Chairperson/Member	Date of Appointment	Date of Cessation
	1		Divya Singhal			ID	Chairperson	01-Apr-2020
	2		Avinash Parkash Gandhi		ID	Member	01-Oct-2019
	3		Sorab Agarwal			ED	Member	01-Oct-2018
	Company Remarks
	Whether Regular chairperson appointed		Yes
	c.	Risk Management Committee
	Sr. No.	Name of Committee members	Category	Chairperson/Member	Date of Appointment	Date of Cessation
	1		Vijay Agarwal		C & ED	Chairperson	28-May-2021
	2		Sorab Agarwal		ED	Member	28-May-2021
	3		Divya Singhal		ID	Member	28-May-2021
	Company Remarks
	Whether Regular	Yes
	chairperson appointed
	d. Nomination and Remuneration Committee
	Sr. No.	Name of Committee members	Category	Chairperson/Member	Date of Appointment	Date of Cessation
	1		Shriniwas Vashisht		ID	Chairperson	24-Sep-2020
	2		Divya Singhal		ID	Member	01-Apr-2020
	3		Avinash Parkash Gandhi	ID	Member	01-Oct-2019
	Company Remarks
	Whether Regular chairperson appointed				Yes

Page 2 of 4

e. Corporate Social Responsibility Committee

	Sr. No.	Name of Committee members	Category	Chairperson/Member	Date of Appointment	Date of Cessation
	1	Divya Singhal	ID	Chairperson	01-Apr-2020
	2	Mona Agarwal	ED	Member	01-Oct-2018
	3	Jagan Nath Chamber	ID	Member	06-Nov-2020
	Company Remarks
	Whether Regular chairperson appointed				Yes

1. Meeting of Board of Directors

Date(s) of meeting (Enter dates of	Whether requirement	Total Number of	Number of Directors	No. of Independent
Previous quarter and Current	of Quorum met	Directors as on	present (All directors	Directors attending
quarter in chronological order)	(Yes/No)	date of the meeting	including Independent	the meeting
			Director)
06-Feb-2023	Yes	8	6	3
30-May-2023	Yes	8	8	4
Company Remarks
Maximum gap between any two consecutive (in number of days)		112

1. Meeting of Committees

Name of the	Date(s) of meeting	Whether	Total Number of	Number of	Number of	Number of
Committee	(Enter dates of	requirement	Directors in the	Directors present	Independent	Members attending
	Previous quarter	of Quorum	Committee as on	(All directors	directors	the Meeting
	and Current quarter	met (Yes/No)	date of the	including	attending	(Other than Board
	in chronological		meeting	Independent	the meeting	of Directors)
	order)			Director)
Audit Committee	06-Feb-2023	Yes	4	3	2	0
Audit Committee	30-May-2023	Yes	4	4	3	0
Stakeholders	30-May-2023	Yes	3	3	2	0
Relationship
Committee
Nomination &	30-May-2023	Yes	3	3	3	0
Remuneration
Committee
Company Remarks
Maximum gap between any two consecutive (in number of days) [Only for Audit Committee]	112

Page 3 of 4

1. 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	Yes
reviewed by Audit Committee
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

1. 1. Audit Committee - Yes
   2. Nomination & remuneration committee - Yes
   3. Stakeholders relationship committee - Yes
   4. Risk management committee (applicable to the top 1000 listed entities) - Yes
2. 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
3. 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
4. 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:

Name	:	ANIL KUMAR
Designation	:	Company Secretary & Compliance Officer

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