RP- Sanjiv Goenka Group - Spencer's Retail Governance... · 2020-01-16 · RP- Sanjiv Goenka Group MAKES FINELIVING ({pm/abfe Growing Legacies SRL:SEC:SE:2019-20/115 15January, 2019.»

RP- Sanjiv GoenkaGroup MAKES FINE LIVING ({pm/abfeGrowing Legacies

SRL:SEC:SE:2019-20/115

15 January, 2019 .»

The ManagerListing Department,National Stock Exchange of India Limited(Symbol: SPENCERS)Exchange Plaza, 5th FloorPlot No. C/l, G-BlockBandra-Kurla Complex, Bandra (East)Mumbai - 400051

The General ManagerDepartment of Corporate Service,BSELimited(Scrip Code: 542337)Phiroze Jeejeebhoy TowerDalal StreetMumbai - 400001

The Secreta ryThe Calcutta Stock Exchange Limited7, Lyons RangeKolkata -700 001

Sub: Corporate Governance Report for the Quarter ended 31 December, 2019

Dear Sir,

In terms of requirement of Regulation 27(2) of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, Please find enclosed herewith Corporate Governance Report for the Quarter ended31 December, 2019.

Kindly acknowledge receipt ofthe same.

Thanking you,

Yours faithfully,

F r Spencer's Retail Limited

~\~ If'Y'"~

Encl.: as above

-

Spencer's Retail Limited(Formerly Known as RP-SGRetail Limited)

Regd. Office: Duncan House. ist Floor. 31. Netaji Subhas Road. Kolkata-700 001Tel: +91 33 6625 7600 web:www.spencersretail.com

CIN: L74999WB2017PLC219355

Corporate Governance Report for the Quarter ended on 31 December 2019Annex-I

I. Name of Listed Entity: Spencer's Retail Limited (Formerly known as RP-SG Retail Limited)2. Quarter ended: 31 December 2019

I. Composition of Board of DirectorsTitle Name of the PAN & DIN Category Date of Birth Initial Date of Date of Re- Date of Tenure No of No of Number of No of post of

Director (Chairperson/Executive/Non- Appointment appointment Cessation (Montbs) Directorship Independent memberships in Chairperson inExecutivelIndependent/Nomine in listed Directorship in Audit/Stakeholder Audit! Stakebolder

-r e) entities listed entities Committee(s) Committee held inincluding this including this including this listed listed entitieslisted entity listed entity" entity inclu'iling this listed(Regulation (Regulation (Regulation 26(1)] entity

17(A)] (17)(A)(1)] (Regulation 26(1)]

Mr. Sanjiv Goenka AEFPG4689G&00074796 Chairperson/Non Executive 29.01.1961 14.11.2018 - - NA 6 0 6 4Mr. ShashwatGoenka AQUPG0553L & 03486121 Non Executive 12.04.1990 14.11.2018 - - NA 5 0 3 0Ms. RekhaSethi APLPS9964D & 06809515 Independent! Non Executive 04.11.1963 14.11.2018 - 13.11.2023 13 3 3 4 0Mr. PratipChaudhuri AAGPC0974K&00915201 Independent! Non Executive 12.09.1953 14.11.2018 - 13.11.2023 13 7 7 7 3Mr. Utsav Parekh AGHPP4467H & 00027642 Independent! Non Executive 28.08.1956 14.11.2018 - 13.11.2023 13 5 4 7 4Mr. Debanian MandaI AANPM6755B & 00469622 Independent! Non Executive 26.08.1973 11.02.2019 - 10.02.2024 10 3 3 4 0Mr. Devendra Chawla ABSPC4611 L & 03586196 Executive 13.04.1972 11.02.2019 - 10.02.2022 NA I 0 0 0Mr. Rahul Navak ACMPN0973H&06491536 Executive 24.10.1976 14.11.2018 - 13.11.2021 NA I 0 I 0

I

H. Composition of CommitteesName of Committee Whether regular Name of Committee members Category (chairpersonlExecutivelN on- Date of Appointment

chairperson Executive/independentlNominee)appointed

I. Audit Committee Yes Utsav Parekh Chairperson I Independent 14.11.2018Shashwat Goenka Non Executive 14.11.2018Pratip Chaudhuri Independent I Non Executive 14.11.2018Debanjan MandaI Independent I Non Executive 14.11.2019

-r

2. Nomination & Remuneration Committee Yes Utsav Parekh Chairperson I Independent 14.11.2018Sanjiv Goenka Non Executive 14.11.2018Pratip Chaudhuri Independent I Non Executive 14.11.2018

3. Stakeholders Relationship Committee Yes Sanjiv Goenka Chairperson I Non Executive 14.11.2018Shashwat Goenka Non Executive 14.11.2018Rahul Nayak Executive 14.11.2018Utsav Parekh Independent I Non Executive 11.02.2019

III. Meetinz of Board of DirectorsDate of Meeting in the previous quarter Date of Meeting in Whether requirement of Number of Number of Maximum gap

the relevant quarter Quorum met (YeslNo) Directors present Independent Directors between any twopresent consecutive

-rmeetings (innumber of davs)

19-Jul-19 - - - - 2514-Aug-19 14-Nov-19 Yes 8 4 91

IV. Meeting of CommitteesDate of Meeting of the committee in the relevant Whether Number of Directors Number of Date of meeting of the Maximum gapquarter requirement of present Independent committee in the between any two

Quorum met Directors present previous quarter consecutivemeetings in

number of davsAudit Committee14-Nov-19 Yes 3 2 14-Aug-19 91

Nomination and Remuneration Committee14-Nov-19 Yes 3 2 14-Aug-19 91

Stakeholders Relationship Committee13-Nov-19 Yes 4 1 14-Aug-19 90

Whether shareholder approval obtained for material RPT NA

V. Related Partv TransactionsSubiect Compliance status (YeslNoINA)

Whether prior approval of Audit Committee obtained NA*

Whether details of RPT entered into pursuant to omnibus approval have been reviewed by AuditCommittee

Yes

*Omnibus prior approval of Audit Committee is duly taken for all Related Party Transactions.

VI.AffirmationsI. The composition of Board of Directors is in terms ofSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. The composition of the following committees is in terms ofSEBI(Listing obligations and disclosure requirements) Regulations, 2015:-a. Audit Committee.b. Nomination & Remuneration committee.c. Stakeholders Relationship committee.d. Risk Management Committee (Not applicable to us)3. The committee members have been made aware of their powers, role and responsiblilities as specified in SEBI (Listing obligations and disclosure requirements)Regulations, 20154. The meetings ofthe Board of Directors and the above committees have been conducted in the manner as specified in SEBl (Listing Obligations and DisclosureRequirements) Regulations, 20155. The report submitted in the previous quarter has been placed and was noted by the Board of Directors.

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