Usha Martin : Corporate Governance Report December 2021

ANNEXURE I

Format to be submitted by listed entity on quarterly basis

1.	Name of Listed Entity	- Usha Martin Limited
2.	Quarter ending	- 31-Dec-2021

1. Composition Of Board Of Director

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		6	0							9
		4	8							6
			A							4
M	Dh	0	A	ED		06-	06-			2	NA		1	0	1	0	SC,RC
r.	rub	2	A			Jun	Jun-			8-
	Jyo	4	M			-	2020			A
	ti	9	P			20				u
	Bas	8	B			20				g-
	u	0	3							1
		3	1							9
		7	0							5
			6							8
			E
M	Ve	0	A	ID		12-	12-		2	2	NA		2	2	3	2	SC,RC,
r.	nka	2	B			No	Nov-			9-							NRC
	tac	1	L			v-	2021			A
	hal	9	P			20				p
	am	4	R			21				r-
	Ra	8	5							1
	ma	3	7							9
	kri	0	0							5
	shn		6							4
	a		Q
	Iye
	r
M	Vij	0	A	ID		27-	27-		3	2	NA		4	4	5	4	AC,RC,
r.	ay	2	D			Ma	May-		1	8-							NRC
	Sin	5	H			y-	2019			A
	gh	9	P			20				u
	Ba	9	B			19				g-
	pn	0	4							1
	a	2	7							9
		4	4							4
			7							8
			P
M	Mu	0	A	ID,C		09-	09-	08-	6	2	NA		1	1	2	1	AC,SC,
r.	kes	0	A	&		Dec	Dec-	Dec	0	7-							NRC
	h	1	B	NED		-	2016	-		S
	Ra	3	P			20		20		e
	mb	6	R			16		21		p-
	iha	0	5							1
	ri	6	7							9
	Ro	7	5							4
	hat		1J							9
	gi
M	Ra	0	A	ID		26-	26-		2	2	NA		5	5	2	0	RMC,N
rs	mn	0	AJ			Jul-	Jul-		9	7-							RC
.	i	0	P			20	2019			M

		Nir	1	B					19				a
		ula	5	9									y-
			3	0									1
			3	8									9
			0	5									5
				B									2
	M	De	0	A		ED			15-	15-			1	NA		1	0	0	0	RMC
	r.	vad	8	B					Ma	Mar-			8-
		ip	6	R					r-	2021			D
		Bh	5	P					20				ec
		ow	6	B					21				-
		mi	5	0									1
		k	0	9									9
			5	7									6
				5									4
				B
	M	Set	0	A		ID			12-	12-		2	1	NA		2	2	7	5	AC,SC,
	r.	hur	0	B					No	Nov-			2-							NRC
		ath	0	E					v-	2021			Ju
		na	0	P					20				l-
		m	9	R					21				1
		Ra	7	9									9
		vi	9	5									5
			0	2									9
				6
				M
	Company Remarks				Mr. Venkatachalam Ramakrishna Iyer ceased to be Non-Executive (Nominee
									Director) of the Company w.e.f. 04-11-2021. Thereafter, Mr. Venkatachalam was
									appointed as an Independent Director w.e.f. 12-11-2021.
	Whether Regular chairperson	No
	appointed
	Whether Chairperson is	No
	related to MD or CEO

1. Composition of Committees

a.	Audit Committee
Sr.		Name of the Director	Category	Chairperson/Membership	Appointment	Cessation Date
No.					Date
1		Vijay Singh Bapna	ID	Chairperson	26-Jul-2019
2		Rajeev Jhawar	ED	Member	25-May-2020
3		Sethurathnam Ravi	ID	Member	12-Nov-2021
4		Mukesh Rambihari	ID,C &	Member	26-Jul-2019	08-Dec-2021
		Rohatgi	NED

Company Remarks

Whether PermanentYes chairperson appointed

	b.	Stakeholders Relationship Committee
	Sr.		Name of the Director			Category	Chairperson/Membership	Appointment	Cessation Date
	No.							Date
	1		Sethurathnam Ravi			ID	Chairperson	09-Dec-2021
	2		Venkatachalam			ID	Member	12-Nov-2021
			Ramakrishna Iyer
	3		Dhrub Jyoti Basu			ED	Member	06-Jun-2020
	4		Mukesh Rambihari Rohatgi		ID,C &	Chairperson	26-Jul-2019	08-Dec-2021
						NED
	5		Rajeev Jhawar			ED	Member	27-May-2019	12-Nov-2021
	Company Remarks
	Whether Permanent	Yes
	chairperson appointed
	c.	Risk Management Committee
	Sr.		Name of the Director			Category	Chairperson/Membership	Appointment	Cessation Date
	No.							Date
	1		Vijay Singh Bapna			ID	Chairperson	20-May-2021
	2		Ramni Nirula			ID	Member	20-May-2021
	3		Dhrub Jyoti Basu			ED	Member	20-May-2021
	4		Devadip Bhowmik			ED	Member	20-May-2021
	5		Venkatachalam			ID	Member	12-Nov-2021
			Ramakrishna Iyer
	Company Remarks
	Whether Permanent	Yes
	chairperson appointed
	d. Nomination and Remuneration Committee
	Sr.		Name of the Director			Category	Chairperson/Membership	Appointment	Cessation Date
	No.							Date
	1		Ramni Nirula			ID	Chairperson	26-Jul-2019
	2		Vijay Singh Bapna			ID	Member	25-Oct-2021
	3		Venkatachalam			ID	Member	12-Nov-2021
			Ramakrishna Iyer
	4		Sethurathnam Ravi			ID	Member	12-Nov-2021
	5		Mukesh Rambihari Rohatgi		ID,C &	Member	26-Jul-2019	08-Dec-2021
						NED
	Company Remarks
	Whether Permanent	Yes
	chairperson appointed

1. Meeting of Board of Directors

Date(s) of Meeting	Date(s) of Meeting	Whether	Number of	Number of Independent
(if any) in the	(if any) in the	requirement of	Directors present	Directors present
previous quarter	relevant quarter	Quorum met
28-Jul-2021	12-Nov-2021	Yes	8	5
21-Sep-2021			Yes	7	3
Company Remarks
Maximum gap between any	51
two consecutive (in number of
days)

1. Meeting of Committees

Name of the

Date(s) of

Date(s) of

Whether

Number of

Number of

Committee

meeting during

meeting of the

requirement

Directors

independent

of the committee

committee in the

of Quorum

present

directors

in the previous

relevant quarter

met (Yes/No)

present

quarter

Audit Committee

28-Jul-2021

Yes

3

2

Audit Committee

21-Sep-2021

Yes

3

2

Audit Committee

12-Nov-2021

Yes

3

2

Stakeholders

28-Jul-2021

Yes

3

1

Relationship

Committee

Stakeholders

12-Nov-2021

Yes

3

1

Relationship

Committee

Nomination &

12-Nov-2021

Yes

3

3

Remuneration

Committee

Risk Management

28-Jul-2021

Yes

5

2

Committee

Risk Management

12-Nov-2021

Yes

4

2

Committee

Company Remarks

Maximum gap between any

51

two consecutive (in number of

days) [Only for Audit

Committee]

v.

Related Party Transactions

Subject

Compliance status

Remark

(Yes/No/NA)

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

Yes