General information about company

Scrip code505726
NSE SymbolIFBIND
MSEI SymbolNOTLISTED
ISININE559A01017
Name of the entityIFB Industries Limited
Date of start of financial year01-04-2024
Date of end of financial year31-03-2025
Reporting Quarter TypeYearly
Date of Quarter Ending31-03-2025
Type of companyEquity
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?NoTHE COMPANY HAS NOT MADE ANY ACQUISITION OF SHARES OR VOTING RIGHTS IN ANY UNLISTED COMPANIES DURING THE QUARTER.
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?NoNO PENALTY OR FINE HAS BEEN IMPOSED ON THYE COMPANY DURING THE QUATER.
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?NoNO TAX LITIGATIONS OR DISPUTES HAS ARISEN AGAINST THE COMPANY DURING THE QUARTER.
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity?
Risk management committeeApplicable
Market Capitalisation as per immediate previous Financial YearTop 1000 listed entities
Is SCORE ID Available ?Yes
SCORE Registration IDI00020
Reason For No SCORE ID
Type of SubmissionOriginal
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
Whether the listed entity has a Regular ChairpersonYes
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 Birth
1MrBIKRAMJIT NAGABVPN5965F00827155Executive DirectorChairperson27-09-1973
2MrSUDIP BANERJEEAANPB2951Q05245757Non-Executive - Non Independent DirectorNot Applicable01-02-1960
3MsSANGEETA SHANKARAN SUMESHBITPS0293M07080379Non-Executive - Independent DirectorNot Applicable25-10-1974
4MrRAHUL CHOUDHURIACLPC3429N06817748Non-Executive - Independent DirectorNot Applicable19-02-1957
5MrASHOK BHANDARIADUPB5894Q00012210Non-Executive - Independent DirectorNot Applicable02-02-1953
6MrCHACKO JOSEPHAAZPJ6984H07528693Non-Executive - Independent DirectorNot Applicable22-06-1959
7MrPANAMANNA HARIHARAN NARAYANANACFPN5245B10158148Executive DirectorNot ApplicableMD11-06-1962
8MrAMAR SINGH NEGIAAEPN6754G08941850Executive DirectorNot Applicable02-06-1960
9MrDESH RAJ DOGRAADZPD5926E00226775Non-Executive - Independent DirectorNot Applicable21-09-1954
10MrBISWADIP GUPTAAGSPG3254G00048258Non-Executive - Independent DirectorNot Applicable25-12-1950
11MrCollegal Srinivasan GovindarajABRPG2614E10149022Executive DirectorNot Applicable13-06-1964
12MrsSREEDEVI PILLAIAJUPP1848G08944944Non-Executive - Independent DirectorNot Applicable23-07-1963

I. Composition of Board of Directors

Disqualification of Directors under section 164 of the Companies Act, 2013

SrWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent status
1NoActive
2NoActive
3NoActive
4NoActive
5NoActive
6NoActive
7NoActive
8NoActive
9NoActive
10NoActive
11NoActive
12NoActive

I. Composition of Board of Directors

SrWhether 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 [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 CessationNotes for not providing PANNotes for not providing DIN
1NA31-10-200807-12-20222000
2NA27-07-201229-07-20222100
3NA31-07-201504-09-202029-01-20251162241Tenure Completion
4NA28-07-201704-09-202092.031110
5NA30-01-201806-08-202186.016653
6NA02-11-201929-07-202264.291111
7NA23-11-202323-11-20231010
8NA30-10-202030-10-20201010
9NA10-02-202125-03-202250.265541
10Yes25-03-202210-02-202125-03-202250.262233
11NA26-10-20241000
12NA28-01-20252.072220



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
107528693CHACKO JOSEPHNon-Executive - Independent DirectorChairperson02-11-2019
207080379SANGEETA SHANKARAN SUMESHNon-Executive - Independent DirectorMember26-05-201729-01-2025
300012210ASHOK BHANDARINon-Executive - Independent DirectorMember30-01-2018
410158148PANAMANNA HARIHARAN NARAYANANExecutive DirectorMember28-05-2024
500226775DESH RAJ DOGRANon-Executive - Independent DirectorMember28-01-2025


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
100012210ASHOK BHANDARINon-Executive - Independent DirectorChairperson28-01-2021
207080379SANGEETA SHANKARAN SUMESHNon-Executive - Independent DirectorMember28-01-202129-01-2025
305245757SUDIP BANERJEENon-Executive - Non Independent DirectorMember29-05-2013
406817748RAHUL CHOUDHURINon-Executive - Independent DirectorMember29-05-2019
500048258BISWADIP GUPTANon-Executive - Independent DirectorMember28-01-2025


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
100048258BISWADIP GUPTANon-Executive - Independent DirectorChairperson28-05-2024
206817748RAHUL CHOUDHURINon-Executive - Independent DirectorMember31-01-2019
300012210ASHOK BHANDARINon-Executive - Independent DirectorMember02-11-2019
408941850AMAR SINGH NEGIExecutive DirectorMember28-05-2024


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
100048258BISWADIP GUPTANon-Executive - Independent DirectorChairperson28-05-2024
205245757SUDIP BANERJEENon-Executive - Non Independent DirectorMember28-01-2020
306817748RAHUL CHOUDHURINon-Executive - Independent DirectorMember06-07-2020
407528693CHACKO JOSEPHNon-Executive - Independent DirectorMember28-01-2021
510158148PANAMANNA HARIHARAN NARAYANANExecutive DirectorMember28-05-2024
610149022Collegal Srinivasan GovindarajExecutive DirectorMember26-10-2024
799999999KRK PrasadMemberMember26-10-2024Textual Information(1)

Sr Text Block

Textual Information(1)Mr KRK Prasad is not a director,so dosent have DIN


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


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
Sr. No.Date(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)Total Number of Directors as on date of the meetingNumber of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
126-10-2024Yes11116
228-01-202593Yes11116
326-03-202556Yes11116



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 committeeReason for not providing dateWhether requirement of Quorum met (Yes/No)Total Number of Directors in the Committee as on date of the meetingNumber 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)
1Audit Committee27-09-2024Yes4430
2Audit Committee26-10-202428Yes4430
3Audit Committee28-01-202593Yes4430
4Audit Committee28-03-202558Yes4430
5Nomination and remuneration committee27-09-2024Yes4440
6Nomination and remuneration committee26-10-202428Yes4430



Annexure 1

IV. Meeting of Committees

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 committeeReason for not providing dateWhether requirement of Quorum met (Yes/No)Total Number of Directors in the Committee as on date of the meetingNumber 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)
7Nomination and remuneration committee28-01-202593Yes4430
8Stakeholders Relationship Committee19-09-2024Yes4430
9Stakeholders Relationship Committee16-11-202457Yes4430
10Stakeholders Relationship Committee17-12-202430Yes4430
11Stakeholders Relationship Committee31-01-202544Yes4430
12Stakeholders Relationship Committee28-03-202555Yes4430
13Risk Management Committee26-10-2024Yes6631



Annexure 1

V. 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 1000 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 signatoryRitesh Agarwal
2DesignationCompany Secretary and Compliance Officer



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of LODR Regulation

Sr

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
As per regulation 46(2) of the LODR:
1.1Details of businessYeshttps://www.ifbindustries.com
1.2Memorandum of Association and Articles of AssociationYeshttps://www.ifbindustries.com
1.3Brief profile of board of directors including directorship and full-time positions in body corporatesYeshttps://www.ifbindustries.com
2Terms and conditions of appointment of independent directorsYeshttps://www.ifbindustries.com
3Composition of various committees of board of directorsYeshttps://www.ifbindustries.com
4Code of conduct of board of directors and senior management personnelYeshttps://www.ifbindustries.com
5Details of establishment of vigil mechanism/ Whistle Blower policyYeshttps://www.ifbindustries.com
6Criteria of making payments to non-executive directorsNA
7Policy on dealing with related party transactionsYeshttps://www.ifbindustries.com
8Policy for determining ‘material’ subsidiariesYeshttps://www.ifbindustries.com
9Details of familiarization programmes imparted to independent directorsYeshttps://www.ifbindustries.com
10Email address for grievance redressal and other relevant detailsYeshttps://www.ifbindustries.com
11Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeshttps://www.ifbindustries.com
12Financial resultsYeshttps://www.ifbindustries.com
13Shareholding patternYeshttps://www.ifbindustries.com
14Details of agreements entered into with the media companies and/or their associatesNA

Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)

I. Disclosure on website in terms of LODR Regulation

Sr

As per regulation 46(2) of the LODR:
15.1(I) Schedule of analyst or institutional investor meet (II) Presentations prepared by the listed entity for analysts or institutional investors meet, post earnings or quarterly calls prior to beginning of such events.Yeshttps://www.ifbindustries.com
15.2Audio recordings, video recordings, if any, and transcripts of post earnings or quarterly calls, by whatever name called, conducted physically or through digital meansYeshttps://www.ifbindustries.com
16New name and the old name of the listed entityNA
17Advertisements as per regulation 47 (1)Yeshttps://www.ifbindustries.com
18Credit rating or revision in credit rating obtainedYeshttps://www.ifbindustries.com
19Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial yearYeshttps://www.ifbindustries.com
20Secretarial Compliance ReportYeshttps://www.ifbindustries.com
21Materiality Policy as per Regulation 30 (4)Yeshttps://www.ifbindustries.com
22Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5)Yeshttps://www.ifbindustries.com
23Disclosures under regulation 30(8)Yeshttps://www.ifbindustries.com
24Statements of deviation(s) or variations(s) as specified in regulation 32NA
25Dividend Distribution policy as per Regulation 43A(1)Yeshttps://www.ifbindustries.com
26.1Annual return as provided under section 92 of the Companies Act, 2013Yeshttps://www.ifbindustries.com
26.2Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021NA
27Confirmation that the above disclosures are in a separate section as specified in regulation 46(2)Yeshttps://www.ifbindustries.com
28Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updatingYeshttps://www.ifbindustries.com


Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’16(1)(b)Yes
2Board composition17(1), 17(1A) & 17(1C), 17(1D) & 17(1E)Yes
3Meeting of Board of directors17(2)Yes
4Quorum of Board meeting17(2A)Yes
5Review of Compliance Reports17(3)Yes
6Plans for orderly succession for appointments17(4)Yes
7Code of Conduct17(5)Yes
8Fees/compensation17(6)Yes
9Minimum Information17(7)Yes
10Compliance Certificate17(8)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
11Risk Assessment & Management17(9)Yes
12Performance Evaluation of Independent Directors17(10)Yes
13Recommendation of Board17(11)Yes
14Maximum number of Directorships17AYes
15Composition of Audit Committee18(1)Yes
16Meeting of Audit Committee18(2)Yes
17Role of Audit Committee and information to be reviewed by the audit committee18(3)Yes
18Composition of nomination & remuneration committee19(1) & (2)Yes
19Quorum of Nomination and Remuneration Committee meeting19(2A)Yes
20Meeting of Nomination and Remuneration Committee19(3A)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Role of Nomination and Remuneration Committee19(4)Yes
22Composition of Stakeholder Relationship Committee20(1), 20(2) & 20(2A)Yes
23Meeting of Stakeholders Relationship Committee20(3A)Yes
24Role of Stakeholders Relationship Committee20(4)Yes
25Composition and role of risk management committee21(1),(2),(3),(4)Yes
26Meeting of Risk Management Committee21(3A)Yes
27Quorum of Risk Management Committee meeting21(3B)Yes
28Gap between the meetings of the Risk Management Committee21(3C)Yes
29Vigil Mechanism22Yes
30Policy for related party Transaction23(1), (1A), (5), (6), & (8)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
31Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)Yes
32Approval for material related party transactions23(4)Yes
33Disclosure of related party transactions on consolidated basis23(9)Yes
34Composition of Board of Directors of unlisted material Subsidiary24(1)NA
35Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)NA
36Alternate Director to Independent Director25(1)NA
37Maximum Tenure25(2)Yes
38Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism25(2A)Yes
39Meeting of independent directors25(3) & (4)Yes
40Familiarization of independent directors25(7)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
41Declaration from Independent Director25(8) & (9)Yes
42Directors and Officers insurance25(10)Yes
43Confirmation with respect to appointment of Independent Directors who resigned from the listed entity25(11)Yes
44Memberships in Committees26(1)Yes
45Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
46Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
47Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity26(6)NA
48Vacancies in respect Key Managerial Personnel26A(1) & 26A(2), 26A(3)Yes
Any other information to be provided - Add Notes




Annexure II

1Name of signatoryRitesh Agarwal
2DesignationCompany Secretary and Compliance Officer



Annexure II

III. Affirmations

SrParticularsCompliance status (Yes/No/NA)
1The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been compliedYes
Any other information to be provided




Annexure II

1Name of signatoryRitesh Agarwal
2DesignationCompany 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 quarterNo
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr.Date of the eventBrief details of the event



Signatory Details

Name of signatoryRitesh Agarwal
Designation of personCompany Secretary and Compliance Officer
PlaceKolkata
Date28-04-2025



Investor Grievance Details

No. of investor complaints pending at the beginning of Quarter0
No. of investor complaints received during the Quarter0
No. of investor complaints disposed off during the Quarter0
No. of investor complaints those remaining unresolved at the end of the Quarter0