General information about company

Scrip code538942
NSE SymbolNA
MSEI SymbolNA
ISININE689O01013
Name of the entityMERCANTILE VENTURES LTD.
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Reporting QuarterHalf Yearly
Date of Report30-09-2020
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearTop 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
Wether the listed entity has a Regular ChairpersonNo
Whether Chairperson is related to MD or CEONo
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
1MrB NarendranAAPPN0488E01159394Non-Executive - Independent DirectorNot Applicable22-06-1945Yes02-08-201903-02-20174355105
2MrAL ChandramouliAADPC4337R02299091Non-Executive - Independent DirectorNot Applicable07-08-1946Yes02-08-201925-03-201525-03-2020661122
3MrsSashikala SrikanthAAIPS8299K01678374Non-Executive - Independent DirectorNot Applicable09-11-1956No25-03-201525-03-2020665584
4MrE N RangaswamiAAJPR6852N06463753Executive DirectorNot Applicable28-10-1955NA05-12-201205-12-20182020



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 RegulationsNumber 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 PANNotes for not providing DIN
5Mr Govindarajan Dattatreyan SharmaABBPS6163Q08060285Non-Executive - Independent DirectorNot Applicable19-06-1954No12-06-202033340
6MrK. GopalakrishnanADJPG8965A00621061Non-Executive - Non Independent DirectorNot Applicable18-05-1966No12-06-20201010




Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
102299091AL ChandramouliNon-Executive - Independent DirectorChairperson20-03-2017
201159394B NarendranNon-Executive - Independent DirectorMember20-03-2017
301678374Sashikala SrikanthNon-Executive - Independent DirectorMember20-03-2017


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101159394B NarendranNon-Executive - Independent DirectorChairperson20-03-2017
202299091AL ChandramouliNon-Executive - Independent DirectorMember20-03-201713-08-2020Textual Information(1)
308060285 Govindarajan Dattatreyan SharmaNon-Executive - Independent DirectorMember13-08-2020
401678374Sashikala SrikanthNon-Executive - Independent DirectorMember20-03-2017

Sr Text Block

Textual Information(1)
Ceased to be the member of Nomination and Remuneration committee


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
102299091AL ChandramouliNon-Executive - Independent DirectorChairperson20-03-2017
201678374Sashikala SrikanthNon-Executive - Independent DirectorMember11-02-2019
300621061K. GopalakrishnanNon-Executive - Non Independent DirectorMember13-08-2020
406463753E N RangaswamiExecutive DirectorMember20-03-2017


Risk Management Committee

Whether the Risk Management Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101678374Sashikala SrikanthNon-Executive - Independent DirectorChairperson25-03-2015
206463753E N RangaswamiExecutive DirectorMember25-03-2015
306597370Mr. V Padmanabha SarmaMemberMember25-03-2015


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
101678374Sashikala SrikanthNon-Executive - Independent DirectorChairperson11-02-2019
201159394B NarendranNon-Executive - Independent DirectorMember11-02-201913-08-2020Textual Information(1)
300621061K. GopalakrishnanNon-Executive - Non Independent DirectorMember13-08-2020
406463753E N RangaswamiExecutive DirectorMember11-02-2019

Sr Text Block

Textual Information(1)
Ceased to be the member of CSR Committee


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
SrDate(s) of meeting (if any) in the previous quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
119-06-2020Yes53
213-08-202054Yes64
303-09-202020Yes64
430-09-202026Yes64



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(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 committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee19-06-2020Yes33
2Audit Committee13-08-202054Yes33
3Audit Committee03-09-202020Yes33
4Audit Committee30-09-202026Yes33



Annexure 1

V. Related Party Transactions

SrSubjectCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Whether prior approval of audit committee obtainedYes
2Whether shareholder approval obtained for material RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes


Annexure 1

VI. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015Yes
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The 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)Yes
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
7The 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
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.Yes

Annexure 1

SrSubjectCompliance status
1Name of signatoryYOGANANDHAN S
2DesignationCompany Secretary and Compliance Officer



Annexure III

III. Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website46(2)Yes
2Presence of Chairperson of Audit Committee at the Annual General Meeting18(1)(d)Yes
3Presence of Chairperson of the nomination and remuneration committee at the annual general meeting19(3)Yes
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) Yes
5Whether “Corporate Governance Report” disclosed in Annual Report34(3) read with para C of Schedule VYes
Any other information to be provided




Annexure III

1Name of signatoryYOGANANDHAN S
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryYOGANANDHAN S
Designation of personCompany Secretary and Compliance Officer
PlaceCHENNAI
Date14-10-2020