General information about company

Scrip code534425
NSE SymbolSPECIALITY
MSEI SymbolNOTLISTED
ISININE247M01014
Name of the entitySPECIALITY RESTAURANTS LIMITED
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Reporting QuarterYearly
Date of Report31-03-2021
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)
Wether 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 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
1MrAnjan Snehmoy Chatterjee00200443Executive DirectorChairpersonMD16-02-1959NA01-12-199927-12-20201020
2MrsSuchhanda Anjan Chatterjee00226893Executive DirectorNot Applicable09-10-1965NA01-12-199901-07-20181000
3MrIndranil Ananda Chatterjee00200577Executive DirectorNot Applicable22-04-1960NA18-08-200503-02-20201010
4MrAvik Anjan Chatterjee06452245Executive DirectorNot Applicable15-02-1992NA03-02-202003-02-20201000



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
5MrDushyant Rajnikant Mehta00126977Non-Executive - Independent DirectorNot Applicable02-10-1955NA18-08-200901-04-20191392220
6MrUllal Ravindra Bhat00008425Non-Executive - Independent DirectorNot Applicable14-10-1951NA28-04-201728-04-2017472222
7MrRakesh Pandey00113227Non-Executive - Independent DirectorNot Applicable18-09-1956NA29-11-201729-11-2017401110
8MrsAnita Bandyopadhyay08672071Non-Executive - Independent DirectorNot Applicable05-11-1968NA03-02-202003-02-2020141111



Text Block

Textual Information(1)
Tenure of Directors in Months is calculated from the initial Date of Appointment.




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
400126977Dushyant Rajnikant MehtaNon-Executive - Independent DirectorChairperson02-03-201111-02-2021Textual Information(2)

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.
Textual Information(2)
Mr. Dushyant Mehta step down as Chairman of the Nomination and Remuneration Committee and continued as Member. 


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
400126977Dushyant Rajnikant MehtaNon-Executive - Independent DirectorChairperson12-12-201711-02-2021

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 Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


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)Number of Directors present*No. of Independent Directors attending the meeting*
112-11-2020Yes74
211-02-202190Yes74



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 Committee12-11-2020Yes33
2Audit Committee11-02-202190Yes43
3Nomination and remuneration committee11-02-2021Yes33



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)NA
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



Text Block

Textual Information(1)
This report shall be placed before Board of Directors in the ensuing Board Meeting. In the event of any comments/ observations/ advice of the Board of Directors of the Company, the same shall be separately intimated to the stock exchanges.  The report submitted for the previous quarter ended December 31, 2020 was placed before the Board of Directors at their Meeting held on February 11, 2021 and there were no comments/observations/advice of the Board of Directors.



Annexure II

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 Listing Regulations

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
1Details of businessYeswww.speciality.co.in
2Terms and conditions of appointment of independent directorsYeswww.speciality.co.in
3Composition of various committees of board of directorsYeswww.speciality.co.in
4Code of conduct of board of directors and senior management personnelYeswww.speciality.co.in
5Details of establishment of vigil mechanism/ Whistle Blower policyYeswww.speciality.co.in
6Criteria of making payments to non-executive directorsYeswww.speciality.co.in
7Policy on dealing with related party transactionsYeswww.speciality.co.in
8Policy for determining ‘material’ subsidiariesYeswww.speciality.co.in
9Details of familiarization programmes imparted to independent directorsYeswww.speciality.co.in

Annexure II

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 Listing Regulations

SrItemCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.Web address
10Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeswww.speciality.co.in
11email address for grievance redressal and other relevant detailsYeswww.speciality.co.in
12Financial resultsYeswww.speciality.co.in
13Shareholding patternYeswww.speciality.co.in
14Details of agreements entered into with the media companies and/or their associatesYeswww.speciality.co.in
15Schedule of analyst or institutional investor meet and presentations made by the listed entity to analysts or institutional investors simultaneously with submission to stock exchangeYeswww.speciality.co.in
16New name and the old name of the listed entityYeswww.speciality.co.in
17Advertisements as per regulation 47 (1)Yeswww.speciality.co.in
18Credit rating or revision in credit rating obtainedYeswww.speciality.co.in
19Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial yearYeswww.speciality.co.in
20Whether company has provided information under separate section on its website as per Regulation 46(2)Yeswww.speciality.co.in
21Materiality Policy as per Regulation 30Yeswww.speciality.co.in
22Dividend Distribution policy as per Regulation 43A (as applicable)Yeswww.speciality.co.in
23It is certified that these contents on the website of the listed entity are correctYeswww.speciality.co.in


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) & 25(6)Yes
2Board composition17(1), 17(1A) & 17(1B)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
17Composition of nomination & remuneration committee19(1) & (2)Yes
18Quorum of Nomination and Remuneration Committee meeting19(2A)Yes
19Meeting of Nomination and Remuneration Committee19(3A)Yes
20Composition of Stakeholder Relationship Committee20(1), 20(2) & 20(2A)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Meeting of Stakeholders Relationship Committee20(3A)Yes
22Composition and role of risk management committee21(1),(2),(3),(4)NA
23Meeting of Risk Management Committee21(3A)NA
24Vigil Mechanism22Yes
25Policy for related party Transaction23(1),(1A),(5),(6),(7) & (8)Yes
26Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)Yes
27Approval for material related party transactions23(4)NA
28Disclosure of related party transactions on consolidated basis23(9)Yes
29Composition of Board of Directors of unlisted material Subsidiary24(1)NA
30Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
31Annual Secretarial Compliance Report24(A)Yes
32Alternate Director to Independent Director25(1)Yes
33Maximum Tenure25(2)Yes
34Meeting of independent directors25(3) & (4)Yes
35Familiarization of independent directors25(7)Yes
36Declaration from Independent Director25(8) & (9)Yes
37D & O Insurance for Independent Directors25(10)Yes
38Memberships in Committees26(1)Yes
39Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
40Disclosure of Shareholding by Non-Executive Directors26(4)Yes
41Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
Any other information to be provided Textual Information(1)

Text Block

Textual Information(1)
Other Corporate Governance Requirements in terms of Regulation 24 (2), (3), (4), (5) and (6) of the Listing Regulations as applicable was complied by the Company.

Annexure II

1Name of signatoryAvinash Kinhikar
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 providedTextual Information(1)

Text Block

Textual Information(1)
Other Corporate Governance Requirements in terms of Regulation 24(2), (3), (4), (5) and (6) of the Listing Regulations as applicable was complied by the Company.




Annexure II

1Name of signatoryAvinash Kinhikar
2DesignationCompany Secretary and Compliance Officer



Signatory Details

Name of signatoryAvinash Kinhikar
Designation of personCompany Secretary and Compliance Officer
PlaceMumbai
Date11-04-2021