General information about company

Scrip code534425
NSE Symbol SPECIALITY
MSEI SymbolNOTLISTED
ISININE247M01014
Name of the entity SPECIALITY RESTAURANTS LIMITED
Date of start of financial year01-04-2022
Date of end of financial year31-03-2023
Reporting QuarterHalf Yearly
Date of Report30-09-2022
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 explanatoryTextual Information(1)
Whether the listed entity has a Regular ChairpersonYes
Whether Chairperson related to PromoterYesDisqualification of Directors under section 164 of the Companies Act, 2013
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether 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
1MrAnjan Snehmoy Chatterjee00200443Executive DirectorChairpersonMD16-02-1959NoActiveNA01-12-199927-12-20202120
2MrsSuchhanda Anjan Chatterjee00226893Executive DirectorNot Applicable09-10-1965NoActiveNA01-12-199901-07-20211000
3MrIndranil Ananda Chatterjee00200577Executive DirectorNot Applicable22-04-1960NoActiveNA18-08-200503-02-20201010
4MrAvik Anjan Chatterjee06452245Executive DirectorNot Applicable15-02-1992NoActiveNA03-02-202003-02-20201000



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Whether 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 the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether 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
5MrDushyant Rajnikant Mehta00126977Non-Executive - Independent DirectorNot Applicable02-10-1955NoActiveNA18-08-200901-04-20191572220
6MrUllal Ravindra Bhat00008425Non-Executive - Independent DirectorNot Applicable14-10-1951NoActiveYes20-09-202128-04-201728-04-2022653304
7MrRakesh Pandey00113227Non-Executive - Independent DirectorNot Applicable18-09-1956NoActiveNA29-11-201729-11-2017581110
8MrsAnita Bandyopadhyay08672071Non-Executive - Independent DirectorNot Applicable05-11-1968NoActiveNA03-02-202003-02-2020323301



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Textual Information(1)

Tenure of Directors in months is calculated from the Initial Date of Appointment.

Mr. Anjan Chatterjee is one of the promoter and CMD of the Company.

Members at the 23rd AGM held on 25.08.22 approved following:

Mr. Indranil Chatterjee and Mr. Avik Chatterjee were reappointed as Whole-time Directors for 5 years from 03-02-23 to 02-02-28 Ordinary Resolution

Mr. Rakesh Pandey was reappointed as Independent Director for 2nd term of 5 consecutive years from 29.11.22 to 29.11.27Special Resolution




Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatoryTextual Information(1)

Annexure 1 Text Block

Textual Information(1)
The Company at its Board Meeting held on November 13, 2021 voluntarily constituted the Risk Management Committee of the Board which consist of the following Members, namely
Mr. Rakesh Pandey Chairman
Mr. Ullal R. Bhat - Member
Mr. Indranil Chatterjee - Member
Mr. Rajesh Kumar Mohta - Member


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
100008425Ullal Ravindra BhatNon-Executive - Independent DirectorChairperson28-04-2017Textual Information(1)
200200443Anjan Snehmoy ChatterjeeExecutive DirectorMember02-03-2011
300126977Dushyant Rajnikant MehtaNon-Executive - Independent DirectorMember08-10-2011
400113227Rakesh PandeyNon-Executive - Independent DirectorMember12-12-2017

Sr Text Block

Textual Information(1)
Appointed as a Member with effect from 28.04.2017 and as Chairman with effect from 27.05.2017.


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
100113227Rakesh PandeyNon-Executive - Independent DirectorChairperson12-12-2017Textual Information(1)
200126977Dushyant Rajnikant MehtaNon-Executive - Independent DirectorMember02-03-2011
300008425Ullal Ravindra BhatNon-Executive - Independent DirectorMember28-04-2017
408672071Anita BandyopadhyayNon-Executive - Independent DirectorMember14-08-2021

Sr Text Block

Textual Information(1)
Appointed as a Member with effect from 12.12.2017 and as Chairman with effect from 11.02.2021,


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
108672071Anita BandyopadhyayNon-Executive - Independent DirectorChairperson11-02-2021Textual Information(1)
200200443Anjan Snehmoy ChatterjeeExecutive DirectorMember02-03-2011
300200577Indranil Ananda ChatterjeeExecutive DirectorMember02-03-2011

Sr Text Block

Textual Information(1)
Appointed as Member and Chairman with effect from 11.02.2021.


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
100113227Rakesh PandeyNon-Executive - Independent DirectorChairperson13-11-2021
200008425Ullal Ravindra BhatNon-Executive - Independent DirectorMember13-11-2021
300200577Indranil Ananda ChatterjeeExecutive DirectorMember13-11-2021
499999999Rajesh Kumar MohtaExecutive Director Finance and CFOMember13-11-2021


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
100126977Dushyant Rajnikant MehtaNon-Executive - Independent DirectorChairperson28-05-2014Textual Information(1)
200226893Suchhanda Anjan ChatterjeeExecutive DirectorMember28-05-2014
300008425Ullal Ravindra BhatNon-Executive - Independent DirectorMember28-04-2017

Sr Text Block

Textual Information(1)
Appointed as Member with effect from 28.05.2014 and as Chairman with effect from 28.04.2017.


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)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*
127-05-2022Yes874
203-08-202267Yes884



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory Textual Information(1)
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)Total Number of Directors as on date of the meetingNumber of Directors (All directors including Independent director)No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1Audit Committee27-05-2022Yes4434
2Audit Committee03-08-202267Yes4433
3Risk Management Committee05-08-20221Yes3322



Text Block

Textual Information(1)
No. of Members attending the Meeting (other than Board of Directors)
 
Audit Committee - Chief Financial Officer and Company Secretary attended Meeting of Audit Committee. Statutory Auditors and Internal Auditors of the Company also attended Meeting of Audit Committee for specific agenda items.
 
Risk Management Committee - Chief Financial Officer and Company Secretary attended Meeting of Risk Management Committee.



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 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
9Any comments/observations/advice of Board of Directors may be mentioned here:Textual Information(1)

Annexure 1

SrSubjectCompliance status
1Name of signatoryAvinash Kinhikar
2DesignationCompany Secretary and Compliance Officer



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Textual Information(1)
The report submitted for the previous quarter ended 30.06.2022 was placed before the Board of Directors at their Meeting held on 03.08.2022 and there were no comments/observations/advice of the Board of Directors.
 
The Company at its Board Meeting held on 13.11.2021 voluntarily constituted the Risk Management Committee of the Board which consist of the following Members, namely
Mr. Rakesh Pandey-Chairman
Mr. Ullal R. Bhat-Member
Mr. Indranil Chatterjee-Member
Mr. Rajesh Kumar Mohta-Member



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 Textual Information(1)

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Textual Information(1)
In terms of Regulation 34 (2) (f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Business Responsibility Report was not applicable to the Company as on March 31, 2022, hence the same is not forming part of the Annual Report and not displayed on the website of the Company.

Annexure III

1Name of signatoryAvinash Kinhikar
2DesignationCompany Secretary and Compliance Officer




Additional Half yearly Disclosure

Applicability of disclosure Applicable
Reason for Non Applicability Textual Information(1)

I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below

(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
EntityAggregate amount advanced during six monthsBalance outstanding at the end of six months
Promoter or any other entity controlled by them00
Promoter Group or any other entity controlled by them00
Directors (including relatives) or any other entity controlled by them00
KMPs or any other entity controlled by them00

(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By

EntityType (guarantee, comfort letter etc.)Aggregate amount of issuance during six monthsBalance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them000
Promoter Group or any other entity controlled by them000
Directors (including relatives) or any other entity controlled by them000
KMPs or any other entity controlled by them000

(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by

EntityType of security (cash, shares etc.)Aggregate value of security provided during six monthsBalance outstanding at the end of six months
Promoter or any other entity controlled by them000
Promoter Group or any other entity controlled by them000
Directors (including relatives) or any other entity controlled by them 000
KMPs or any other entity controlled by them000
(D) Additional InformationTextual Information(2)

II. Affirmations

AffirmationsCompliance StatusCompany Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.YesTextual Information(3)
Name Rajesh Kumar Mohta
Designation CFO
Place Mumbai
Date14-10-2022

Signatory Details

Name of signatoryAvinash Kinhikar
Designation of personCompany Secretary and Compliance Officer
PlaceMumbai
Date14-10-2022