General information about company | ||
| Scrip code | 516108 | |
| NSE Symbol | NOTLISTED | |
| MSEI Symbol | NOTLISTED | |
| ISIN | INE088G01014 | |
| Name of the entity | THE SOUTH INDIA PAPER MILLS LIMITED | |
| Date of start of financial year | 01-04-2025 | |
| Date of end of financial year | 31-03-2026 | |
| Reporting Quarter Type | Quarterly | |
| Date of Quarter Ending | 30-06-2025 | |
| Type of company | Equity | |
| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | Yes | |
| Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? | Yes | |
| Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? | No | There was no accquisition of shares or voting rights in unlisted Companies during the Quarter ended 30th June 2025 |
| Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? | No | There is no imposition of penalty or fine on the listing entity during the quarter ended 30th June 2025 |
| Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? | No | There are no such updates on tax litigations or disputes as per sub-para 8 of para B of Part A of Schedule III of SEBI (LODR) Regulations |
| Risk management committee | Applicable | |
| Market Capitalisation as per immediate previous Financial Year | Any other | |
| Is SCORE ID Available ? | Yes | |
| SCORE Registration ID | s00449 | |
| Reason For No SCORE ID | ||
| Type of Submission | Original | |
| Remarks (website dissemination) | ||
| Remarks for Exchange (not for Website Dissemination) | ||
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 | Mr | MANISH M PATEL | AEEPP6501K | 00128179 | Executive Director | Chairperson | CEO-MD | 18-05-1959 | |||||||||||||||||
| 2 | Mr | AJAY D PATEL | ABAPP3615P | 00466905 | Non-Executive - Non Independent Director | Not Applicable | 10-12-1968 | ||||||||||||||||||
| 3 | Mr | JITENDRA A PATEL | AGIPP7237J | 00248302 | Non-Executive - Non Independent Director | Not Applicable | 02-05-1948 | ||||||||||||||||||
| 4 | Mr | HARSHAD NATVARLAL MODI | AEAPM8485M | 00167613 | Non-Executive - Non Independent Director | Not Applicable | 18-08-1952 | ||||||||||||||||||
| 5 | Mr | KANISHKA HARSHAD MODI | AHCPM2408F | 10260282 | Executive Director | Not Applicable | 09-10-1982 | ||||||||||||||||||
| 6 | Mr | MEENAKSHI SUNDARAM SHIVAKUMAR | AJGPS8462B | 06445505 | Non-Executive - Independent Director | Not Applicable | 01-03-1955 | ||||||||||||||||||
| 7 | Mr | PURUSHOTHAM JAVAREGOWDA | AFDPG7579J | 03332807 | Non-Executive - Independent Director | Not Applicable | 22-05-1962 | ||||||||||||||||||
| 8 | Mr | NAGARAJA SRIVATSA | ABOPS9619Q | 02805712 | Non-Executive - Independent Director | Not Applicable | 18-02-1959 | ||||||||||||||||||
| 9 | Mr | GOMATAM RAGHAVAN RAVI | AAEPR4021J | 06662567 | Non-Executive - Independent Director | Not Applicable | 15-09-1960 | ||||||||||||||||||
| 10 | Mrs | GARGI OJHA | ABBPO3975B | 11024179 | Non-Executive - Independent Director | Not Applicable | 25-09-1958 | ||||||||||||||||||
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) & reg. 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 | 19-10-1990 | 20-05-2024 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 2 | NA | 31-08-1996 | 21-09-2023 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 3 | Yes | 19-09-2024 | 27-09-2012 | 19-09-2024 | 1 | 0 | 0 | 0 | |||||||||||||||||||
| 4 | NA | 27-07-2023 | 1 | 0 | 0 | 0 | |||||||||||||||||||||
| 5 | NA | 15-12-2023 | 1 | 0 | 0 | 0 | |||||||||||||||||||||
| 6 | NA | 01-07-2024 | 12 | 1 | 1 | 1 | 1 | ||||||||||||||||||||
| 7 | NA | 31-03-2025 | 3 | 1 | 1 | 1 | 0 | ||||||||||||||||||||
| 8 | NA | 31-03-2025 | 3 | 1 | 1 | 2 | 1 | ||||||||||||||||||||
| 9 | NA | 31-03-2025 | 3 | 1 | 1 | 1 | 0 | ||||||||||||||||||||
| 10 | NA | 31-03-2025 | 3 | 1 | 1 | 1 | 0 | ||||||||||||||||||||
Text Block | |
| Textual Information(1) | Note : 1. There is no change in the composition of Board of Directors as compared to the last quarter. 2. Mr Manish M Patel was re appointed as the Managing Director of the Company w.e.f 20-05-2024. At the AGM held on 21st September 2023, he has been re-appointed as the Managing Director of the Company with effect from 20-05-2024 for a further period of 5 years, by passing of special resolution. 3. For Mr Meenakshi Sundaram Shivakumar the tenure has been put as 12 months starting from 1st July till 30th June 2025. The other 3 Non executive Directors re - appointment is based on rotation. Hence tenure is not provided here for them. 4. At the AGM held on 19th Sept 2024, the Company has passed a special resolution for continuation of appointment of Mr Jitendra A Patel under Reg 17(1A) of SEBI (LODR)Regulations, as he has already completed the age of 75 years along with his re appointment. The date of re- appointment is 19-09-2024. Hence we have fed the same in re appointment column 5.The appointments of Mr Purushotham Javaregowda, Mr Nagaraja Srivatsa, Mr Gomatam Ravi and Mrs Gargi Ojha who had been appointed as Additional Directors in the category of Non executive Independent Directors, have been approved by the shareholders by Special resolution passed through Postal ballot. Their effective date of appointment is 31st March 2025. In the tenure column, we have fed tenure in months as 3 for the new Directors effective from 31st March 2025. |
Annexure 1 | |||||||
II. Composition of Committees | |||||||
| Disclosure of notes on composition of committees explanatory | Textual Information(1) | ||||||
Annexure 1 Text Block | |
| Textual Information(1) | The date of appointment given for all the Committee members refers to the date of appointment to the Committee. |
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 | 06445505 | MEENAKSHI SUNDARAM SHIVAKUMAR | Non-Executive - Independent Director | Chairperson | 31-03-2025 | ||
| 2 | 02805712 | NAGARAJA SRIVATSA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
| 3 | 06662567 | GOMATAM RAGHAVAN RAVI | Non-Executive - Independent Director | Member | 31-03-2025 | ||
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 | 06445505 | MEENAKSHI SUNDARAM SHIVAKUMAR | Non-Executive - Independent Director | Chairperson | 31-03-2025 | ||
| 2 | 02805712 | NAGARAJA SRIVATSA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
| 3 | 06662567 | GOMATAM RAGHAVAN RAVI | Non-Executive - Independent Director | Member | 31-03-2025 | ||
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 | 02805712 | NAGARAJA SRIVATSA | Non-Executive - Independent Director | Chairperson | 31-03-2025 | ||
| 2 | 03332807 | PURUSHOTHAM JAVAREGOWDA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
| 3 | 11024179 | GARGI OJHA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
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 | 00128179 | MANISH M PATEL | Executive Director | Chairperson | 31-03-2025 | ||
| 2 | 02805712 | NAGARAJA SRIVATSA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
| 3 | 06662567 | GOMATAM RAGHAVAN RAVI | Non-Executive - Independent Director | Member | 31-03-2025 | ||
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility 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 | 00128179 | MANISH M PATEL | Executive Director | Chairperson | 31-03-2025 | ||
| 2 | 03332807 | PURUSHOTHAM JAVAREGOWDA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
| 3 | 11024179 | GARGI OJHA | Non-Executive - Independent Director | Member | 31-03-2025 | ||
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. No. | 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 | 29-03-2025 | Yes | 10 | 9 | 5 | |||
| 2 | 29-05-2025 | 60 | Yes | 10 | 10 | 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 | Reason 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 | 13-02-2025 | Yes | 3 | 3 | 3 | 0 | |||
| 2 | Audit Committee | 29-05-2025 | 104 | Yes | 3 | 3 | 3 | 0 | ||
Text Block | ||
| Textual Information(1) | No other Committee meetings were held during the Quarter. | |
Annexure 1 | ||
V. 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 |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | VIDYA BHAT |
| 2 | Designation | Company Secretary and Compliance Officer |
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 | VIDYA BHAT |
| Designation of person | Company Secretary and Compliance Officer |
| Place | NANJANGUD |
| Date | 26-07-2025 |
Investor Grievance Details | |
| No. of investor complaints pending at the beginning of Quarter | 0 |
| No. of investor complaints received during the Quarter | 6 |
| No. of investor complaints disposed off during the Quarter | 6 |
| No. of investor complaints those remaining unresolved at the end of the Quarter | 0 |