General information about company |
| Scrip Code* | 516108 |
| NSE Symbol | |
| MSEI Symbol | |
| ISIN | INE088G01014 |
| Name of the listed entity | THE SOUTH INDIA PAPER MILLS LIMITED |
| Date of start of financial year | 01-04-2021 |
| Date of end of financial year | 31-03-2022 |
| Date of Report | 26-05-2022 |
| Whether any observations reported by the Secretarial Auditor | No |
| The listed entity has maintained proper records under the provisions of the above Regulations and circulars/ guidelines issued thereunder insofar as it appears from my/our examination of those records. | Yes |
| Any actions taken against the listed entity/its promoters/directors/its material subsidiaries either by SEBI or by stock exchanges (including under the Standard operating procedures issued by SEBI through various circulars). | No |
| Is there any observation made in the previous report | Yes |
| Name of the Certifying Firm | S N HITASH KUMAR |
| Name of the practicing Company Secretary issuing the report | S N HITASH KUMAR |
| Membership Type | FCS |
| ACS/FCS No. | 6564 |
| CP No. | 6553 |
| Place | MYSORE |
| Date | 26-05-2022 |
Regulations |
| Sr No | Regulation | Applicability during the period under review (Yes/No) | Any Observation (Yes/No) |
| 1 | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | Yes | No |
| 2 | Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 | No | No |
| 3 | Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | No | No |
| 4 | Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018 | No | No |
| 5 | Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 | No | No |
| 6 | Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 | No | No |
| 7 | Securities and Exchange Board of India(Issue and Listing of Non-Convertible and Redeemable Preference Shares) Regulations,2013 | No | No |
| 8 | Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 | Yes | No |
| 9 | Specify any other regulation applicable to the Company | | |
Table III |
| Sr No | Regulation Name/ SEBI Circular number* | Observations of the practicing Company secretary in the previous reports | Observations made in the secretarial compliance report for the year ended.(the years are to be mentioned) | Actions taken by the listed entity, if any |
| 1 | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | Fine levied by Listing Compliance, BSE Limited vide email dated 18.01.2021 for non compliance with disclosure of related party transactions on consolidated basis for half year ended 30th September 2020 in terms of Regulation 23(9) pf SEBI (LODR) Regulations 2015 | 2020-21 | The Company has filed the necessary details of related party transaction on consolidated basis for the half year ended 30th September 2020 with BSE on 30.01.2021 through the BSE Listing portal |
| 2 | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | Fine levied by Listing Compliance BSE Ltd, on 03.09.2020 for non compliance with the requirements pertaining to amended Regulation 17(1A) of SEBI (LODR) Regulations, 2015 regarding continuation of Non Executive Director who has attained the age of 75 years | 2020-21 | The Listed entity has ratified the re-appointment of Mr Dineshchandra C Patel (DIN 00167581) who has attained the age of 75 years by passing Special Resolution in the 61st Annual General Meeting of the Listed entity held on 24-09-2020 in terms of the amended Regulation 17(1A) of the SEBI (LODR) Regulations, 2015 |
| 3 | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | Delay in compliance with amended Regulation 20(2)/(2A) of SEBI (LODR) Regulations, 2015 regarding re-constitution of stakeholder relationship committee | 2020-21 | The Listed entity has re- constituted the Stakeholder Relationship Committee by appointing Mrs Girija Shankar (DIN 07148094) as a member of the Committee in terms of the amended Regulation 20(2A) of the SEBI (LODR) Regulations 2015 at the Board meeting hled on 30-07-2020 |
| 4 | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | The Listed entity has re - appointed Mr Dineshchandra C Patel as Director in its Annual General Meeting held on 20.09.2018 by way of ordinary resolution which was approved unanimously. The Listed entity contemplates to obtain requisite shareholder's approval pursuant to Reg 17(1A) of SEBI (LODR) Regulations 2015, in the ensuing Annual General Meeting | 2019-20 | The Listed entity has ratified the re-appointment of Mr Dineshchandra C Patel (DIN 00167581) who has attained the age of 75 years by passing Special Resolution in the 61st Annual General Meeting of the Listed entity held on 24-09-2020 in terms of the amended Regulation 17(1A) of SEBI (LODR) Regulations, 2015 |