Integrated Filing-Governance



General information about company

Scrip Code 500404
NSE Symbol SUNFLAG
MSEI Symbol NOTLISTED
ISIN INE947A01014
Name of the entity SUNFLAG IRON AND STEEL COMPANY LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Quarterly
Date of Quarter Ending 30-Jun-2025
Type of company Equity
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? Yes
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? Yes
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? No
Reason For Part E Of Annexure I Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Not Applicable To The Entity No Ongoing tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III
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 committee Yes
Market Capitalisation as per immediate previous Financial Year Top 1000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID s00616
Reason For No SCORE ID
Type of Submission Original
Remarks (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 Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure 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) & 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 Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. RAVI BHUSHAN SATYA DEV BHARDWAJ 00054700 Non-Executive - Non Independent Director Chairperson related to Promoter 23-Oct-1943 No Yes 25-Sep-2018 01-Oct-1998 1 0 1 1
2 Mr. PRANAV RAVI BHARDWAJ 00054805 Executive Director Not Applicable MD 20-Apr-1974 No NA 03-Feb-2000 17-Jan-2021 1 0 1 0
3 Mrs. NEELAM NARESH KOTHARI 06709241 Non-Executive - Independent Director Not Applicable 04-Dec-1970 No NA 25-Sep-2015 21-Sep-2020 117 2 2 3 1
4 Mr. ANAND SADASHIV KAPRE 00019530 Non-Executive - Independent Director Not Applicable 01-May-1949 No Yes 21-Sep-2023 21-Sep-2020 21-Sep-2023 57 2 2 0 0
5 Mr. SUHRIT RAVI BHUSHAN BHARDWAJ 02318190 Non-Executive - Non Independent Director Not Applicable 05-May-1975 No NA 27-Mar-2017 27-Mar-2017 1 0 0 0
6 Mr. RAMCHANDRA VASANT DALVI 00012065 Executive Director Not Applicable 07-Dec-1950 No NA 14-Aug-2017 14-Aug-2023 1 0 1 0
7 Mr. SAJIV DHAWAN 00160085 Non-Executive - Independent Director Not Applicable 19-Sep-1970 No NA 27-Sep-2019 27-Sep-2022 69 1 1 1 0
8 Mrs. VINITA BAHRI 03109454 Non-Executive - Independent Director Not Applicable 25-May-1970 No NA 21-Sep-2020 21-Sep-2020 57 2 2 3 0
9 Mr. MATTEGUNTA ANJANI VENKATRAMANA GOUTHAM 00101447 Non-Executive - Independent Director Not Applicable 01-Aug-1952 No NA 12-Aug-2022 12-Aug-2022 35 1 1 1 0
10 Mr. TIRTHNATH INDRANATH JHA 07593002 Non-Executive - Independent Director Not Applicable 25-Aug-1958 No NA 03-Sep-2022 03-Sep-2022 34 1 1 0 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06709241 NEELAM NARESH KOTHARI Non-Executive - Independent Director Chairperson 28-May-2016
2 00160085 SAJIV DHAWAN Non-Executive - Independent Director Member 26-Jun-2020
3 03109454 VINITA BAHRI Non-Executive - Independent Director Member 28-Sep-2022
4 00101447 MATTEGUNTA ANJANI VENKATRAMANA GOUTHAM Non-Executive - Independent Director Member 11-Aug-2023



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06709241 NEELAM NARESH KOTHARI Non-Executive - Independent Director Chairperson 23-Dec-2019
2 00054700 RAVI BHUSHAN SATYA DEV BHARDWAJ Non-Executive - Non Independent Director Member 21-May-2014
3 00019530 ANAND SADASHIV KAPRE Non-Executive - Independent Director Member 28-Sep-2022
4 03109454 VINITA BAHRI Non-Executive - Independent Director Member 28-Sep-2022



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00054700 RAVI BHUSHAN SATYA DEV BHARDWAJ Non-Executive - Non Independent Director Chairperson 28-Jan-2002
2 00054805 PRANAV RAVI BHARDWAJ Executive Director Member 28-Jan-2002
3 06709241 NEELAM NARESH KOTHARI Non-Executive - Independent Director Member 12-Aug-2019
4 00012065 RAMCHANDRA VASANT DALVI Executive Director Member 29-Feb-2024



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06709241 NEELAM NARESH KOTHARI ID Chairperson 28-Sep-2022
2 00012065 RAMCHANDRA VASANT DALVI ED Member 13-Aug-2023
3 03109454 VINITA BAHRI ID Member 29-Feb-2024



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 13-Feb-2025 Yes 10 9 6
2 27-May-2025 102 Yes 10 10 6



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(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 committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number 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)
1 Audit Committee 13-Feb-2025 Yes 4 4 4 0
2 Audit Committee 27-May-2025 102 Yes 4 3 3 0
3 Nomination and remuneration committee 13-Feb-2025 Yes 4 4 3 0
4 Nomination and remuneration committee 27-May-2025 102 Yes 4 4 3 0
5 Stakeholders Relationship Committee 13-Feb-2025 Yes 4 4 1 0
6 Stakeholders Relationship Committee 27-May-2025 102 Yes 4 4 1 0
7 Risk Management Committee 13-Feb-2025 Yes 3 3 2 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The 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
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The 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
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory CS Ashutosh Mishra
2 Designation Company 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 quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Signatory Details
Name of signatory CS Ashutosh Mishra
Designation of person Company Secretary and Compliance Officer
Place Nagpur
Date 10-Jul-2025


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 2
No. of investor complaints disposed off during the Quarter 2
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter
1 Sunsure Solarpark Thirty Seven Private Limited 29-May-2025 0 36.2700 36.2700


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 BSE Limited Fine levied pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 26-Jun-2025 Delay in submission of Secretarial Compliance Report pursuant to Reg 24A of SEBI (LODR) Regulations, 2015 for the financial year ended March 2025. Rs. 8000/- plus GST Rs. 1440/- Total = Rs. 9440/-
2 National Stock Exchange of India Limited Fine levied pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 26-Jun-2025 Delay in submission of Secretarial Compliance Report pursuant to Reg 24A of SEBI (LODR) Regulations, 2015 for the financial year ended March 2025. Rs. 8000/- plus GST Rs. 1440/- Total = Rs. 9440/-


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute