General information about company

Scrip code539398
NSE Symbol
MSEI Symbol
ISININE060T01024
Name of the entityVISHAL BEARINGS LIMITED
Date of start of financial year01-04-2022
Date of end of financial year31-03-2023
Reporting QuarterQuarterly
Date of Report31-12-2022
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearAny other



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 CEOYesDisqualification 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
1MrHIRALAL GORDHANDAS CHANGELAACIPC8544R00247292Executive DirectorChairperson04-08-1949NoActiveNA24-07-1991601010
2MrVRAJLAL GORDHANDAS CHANGELAACIPC8543J00247295Executive DirectorNot Applicable15-08-1952NoActiveNA16-10-1991601010
3MrDILIPKUMAR GORDHANDAS CHANGELAACCPC2437M00247302Executive DirectorNot ApplicableMD11-04-1963NoActiveNA24-07-1991601020
4MrAMIT PRAVINBHAI NINDRODAAFOPN1096A03489435Non-Executive - Independent DirectorNot Applicable07-07-1980NoActiveYes29-08-2022601122



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
5MrsAMEE KETANKUMAR DADHANIABBIPP8088B08546107Non-Executive - Independent DirectorNot Applicable08-02-1984NoActiveYes27-08-2019601121
6MrKISHAN RAJESHKUMAR SUREJADCIPS8904J08994262Non-Executive - Independent DirectorNot Applicable27-07-1992NoActiveYes01-12-2020601121




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
108994262KISHAN RAJESHKUMAR SUREJANon-Executive - Independent DirectorChairperson01-12-2020
208546107AMEE KETANKUMAR DADHANIANon-Executive - Independent DirectorMember09-10-2019
300247295VRAJLAL GORDHANDAS CHANGELAExecutive DirectorMember30-05-2015


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
103489435AMIT PRAVINBHAI NINDRODANon-Executive - Independent DirectorChairperson29-08-2022
208994262KISHAN RAJESHKUMAR SUREJANon-Executive - Independent DirectorMember01-12-2020
308546107AMEE KETANKUMAR DADHANIANon-Executive - Independent DirectorMember09-10-2019


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
108546107AMEE KETANKUMAR DADHANIANon-Executive - Independent DirectorChairperson09-10-2019
208994262KISHAN RAJESHKUMAR SUREJANon-Executive - Independent DirectorMember01-12-2020
300247302DILIPKUMAR GORDHANDAS CHANGELAExecutive DirectorMember30-05-2015


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
103489435AMIT PRAVINBHAI NINDRODANon-Executive - Independent DirectorChairperson29-08-2022
200247292HIRALAL GORDHANDAS CHANGELAExecutive DirectorMember27-08-2019
300247302DILIPKUMAR GORDHANDAS CHANGELAExecutive DirectorMember27-08-2019


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*
108-08-2022Yes663
229-08-202220Yes663
314-11-202276Yes663



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)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 Committee08-08-2022Yes6632
2Audit Committee29-08-202220Yes6632
3Audit Committee14-11-202276Yes6632
4Nomination and remuneration committee29-08-2022Yes6632
5Nomination and remuneration committee14-11-202276Yes6632
6Stakeholders Relationship Committee29-08-2022Yes6632



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 committeeReson 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)
7Stakeholders Relationship Committee14-11-202276Yes6632
8Corporate Social Responsibility Committee29-08-2022Yes6632
9Corporate Social Responsibility Committee14-11-202276Yes6632



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 obtainedNA
2Whether shareholder approval obtained for material RPTNA
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeNA


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)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

Annexure 1

SrSubjectCompliance status
1Name of signatoryDILIPKUMAR CHANGLEA
2DesignationManaging Director



Signatory Details

Name of signatoryDILIPKUMAR CHANGLEA
Designation of personManaging Director
PlaceRAJKOT
Date04-01-2023