General information about company | |
| Scrip code | 500113 |
| NSE Symbol | SAIL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE114A01011 |
| Name of the entity | STEEL AUTHORITY OF INDIA LIMITED |
| Date of start of financial year | 01-04-2024 |
| Date of end of financial year | 31-03-2025 |
| Reporting Quarter | Quarterly |
| Date of Report | 30-06-2024 |
| Risk management committee | Applicable |
| Market Capitalisation as per immediate previous Financial Year | Top 500 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 explanatory | |||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | No | ||||||||||||||||||||||||
| 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 | |||||||||||||||||
| 1 | Mr | Amarendu Prakash | AECPP8611C | 08896653 | Executive Director | Chairperson | 12-09-1970 | ||||||||||||||||||
| 2 | Mr | Anirban Dasgupta | AAKPD7192C | 06832261 | Executive Director | Not Applicable | 29-04-1965 | ||||||||||||||||||
| 3 | Ms | Sukriti Likhi | AABPL1293M | 01825997 | Non-Executive - Nominee Director | Not Applicable | 04-08-1968 | ||||||||||||||||||
| 4 | Mr | Kanhaiya Sarda | ATQPS4348N | 06792668 | Non-Executive - Independent Director | Not Applicable | 31-12-1969 | ||||||||||||||||||
| 5 | Mr | Ashok Kumar Tripathy | AAMPT8886H | 02485365 | Non-Executive - Independent Director | Not Applicable | 15-08-1956 | ||||||||||||||||||
| 6 | Mr | Gopal Singh Bhati | ABVPB3361M | 09406763 | Non-Executive - Independent Director | Not Applicable | 26-01-1966 | ||||||||||||||||||
| 7 | Ms | Neelam Sonker | CEMPS2742K | 03111659 | Non-Executive - Independent Director | Not Applicable | 11-02-1973 | ||||||||||||||||||
| 8 | Mr | Sagi Kasi Viswanatha Raju | AWLPS8390J | 00434856 | Non-Executive - Independent Director | Not Applicable | 06-11-1967 | ||||||||||||||||||
| 9 | Mr | Vejendla Srinivasa Chakravarthy | AAVPV1952D | 09370715 | Executive Director | Not Applicable | 16-06-1965 | ||||||||||||||||||
| 10 | Mr | Atanu Bhowmick | ACCPB5534G | 08891338 | Executive Director | Not Applicable | 22-12-1964 | ||||||||||||||||||
| 11 | Mr | Brijendra Pratap Singh | AJBPS7436E | 08665585 | Executive Director | Not Applicable | 01-03-1968 | ||||||||||||||||||
| 12 | Mr | K.Jayaprasad | ADWPK9086F | 09585722 | Non-Executive - Independent Director | Not Applicable | 11-05-1960 | ||||||||||||||||||
| 13 | Mr | Abhijit Narendra | ABFPN2809N | 07851224 | Non-Executive - Nominee Director | Not Applicable | 14-09-1966 | ||||||||||||||||||
| 14 | Mr | Anil Kumar Tulsiani | ABRPT4143M | 08742907 | Executive Director | Not Applicable | 06-03-1965 | ||||||||||||||||||
| 15 | Mr | Krishna Kumar Singh | AKLPS4946G | 09310667 | Executive Director | Not Applicable | 01-07-1967 | ||||||||||||||||||
| 16 | Mr | Arvind Kumar Singh | AHPPS9921E | 09725842 | Executive Director | Not Applicable | 03-11-1964 | ||||||||||||||||||
| 17 | Mr | BIRENDRA KUMAR TIWARI | ABCPT2288L | 09699855 | Executive Director | Not Applicable | 18-08-1965 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | Active | |||||||||||||||||||||||
| 7 | No | Inactive | |||||||||||||||||||||||
| 8 | No | Active | |||||||||||||||||||||||
| 9 | No | Active | |||||||||||||||||||||||
| 10 | No | Active | |||||||||||||||||||||||
| 11 | No | Active | |||||||||||||||||||||||
| 12 | No | Active | |||||||||||||||||||||||
| 13 | No | Active | |||||||||||||||||||||||
| 14 | No | Active | |||||||||||||||||||||||
| 15 | No | Active | |||||||||||||||||||||||
| 16 | No | Active | |||||||||||||||||||||||
| 17 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | 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 | NA | 28-09-2020 | 28-09-2020 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 2 | NA | 01-02-2020 | 01-02-2020 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 3 | NA | 23-04-2021 | 23-04-2021 | 4 | 0 | 0 | 0 | ||||||||||||||||||||
| 4 | Yes | 13-07-2022 | 12-11-2021 | 12-11-2021 | 32 | 1 | 1 | 2 | 1 | ||||||||||||||||||
| 5 | Yes | 13-07-2022 | 08-11-2021 | 08-11-2021 | 32 | 1 | 1 | 1 | 0 | ||||||||||||||||||
| 6 | Yes | 13-07-2022 | 18-11-2021 | 18-11-2021 | 31 | 1 | 1 | 0 | 0 | ||||||||||||||||||
| 7 | Yes | 13-07-2022 | 15-11-2021 | 15-11-2021 | 07-04-2024 | 29 | 0 | 0 | 0 | 0 | Others | ||||||||||||||||
| 8 | Yes | 13-07-2022 | 16-11-2021 | 16-11-2021 | 31 | 1 | 1 | 2 | 1 | ||||||||||||||||||
| 9 | NA | 24-12-2021 | 24-12-2021 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 10 | NA | 11-02-2022 | 11-02-2022 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 11 | NA | 19-04-2022 | 19-04-2022 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 12 | Yes | 13-07-2022 | 26-04-2022 | 26-04-2022 | 26 | 1 | 1 | 1 | 0 | ||||||||||||||||||
| 13 | NA | 27-04-2022 | 27-04-2022 | 3 | 0 | 0 | 0 | ||||||||||||||||||||
| 14 | NA | 20-06-2022 | 20-06-2022 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 15 | NA | 25-08-2022 | 25-08-2022 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 16 | NA | 02-09-2022 | 02-09-2022 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 17 | NA | 20-04-2024 | 20-04-2024 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
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 | 00434856 | Sagi Kasi Viswanatha Raju | Non-Executive - Independent Director | Chairperson | 28-12-2021 | ||
| 2 | 02485365 | Ashok Kumar Tripathy | Non-Executive - Independent Director | Member | 28-12-2021 | ||
| 3 | 06792668 | Kanhaiya Sarda | Non-Executive - Independent Director | Member | 28-12-2021 | ||
| 4 | 03111659 | Neelam Sonker | Non-Executive - Independent Director | Member | 28-12-2021 | 07-04-2024 | |
| 5 | 06832261 | Anirban Dasgupta | Executive Director | Member | 30-09-2020 | ||
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 | 02485365 | Ashok Kumar Tripathy | Non-Executive - Independent Director | Chairperson | 28-12-2021 | ||
| 2 | 00434856 | Sagi Kasi Viswanatha Raju | Non-Executive - Independent Director | Member | 28-12-2021 | ||
| 3 | 08896653 | Amarendu Prakash | Executive Director | Member | 31-05-2023 | ||
| 4 | 09406763 | Gopal Singh Bhati | Non-Executive - Independent Director | Member | 28-12-2021 | ||
| 5 | 07851224 | Abhijit Narendra | Non-Executive - Nominee Director | Member | 27-04-2022 | ||
| 6 | 09585722 | K.Jayaprasad | Non-Executive - Independent Director | Member | 10-02-2023 | ||
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 | 03111659 | Neelam Sonker | Non-Executive - Independent Director | Chairperson | 28-12-2021 | 07-04-2024 | |
| 2 | 06792668 | Kanhaiya Sarda | Non-Executive - Independent Director | Chairperson | 29-06-2024 | ||
| 3 | 00434856 | Sagi Kasi Viswanatha Raju | Non-Executive - Independent Director | Member | 28-12-2021 | ||
| 4 | 09585722 | K.Jayaprasad | Non-Executive - Independent Director | Member | 03-07-2022 | ||
| 5 | 08742907 | Anil Kumar Tulsiani | Executive Director | Member | 29-06-2024 | ||
| 6 | 09310667 | Krishna Kumar Singh | Executive Director | Member | 25-08-2022 | ||
| 7 | 06832261 | Anirban Dasgupta | Executive Director | Member | 03-02-2024 | 29-06-2024 | |
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 | 00434856 | Sagi Kasi Viswanatha Raju | Non-Executive - Independent Director | Chairperson | 28-12-2021 | ||
| 2 | 09370715 | Vejendla Srinivasa Chakravarthy | Executive Director | Member | 27-12-2021 | ||
| 3 | 08742907 | Anil Kumar Tulsiani | Executive Director | Member | 20-06-2022 | ||
| 4 | 09310667 | Krishna Kumar Singh | Executive Director | Member | 25-08-2022 | ||
| 5 | 09725842 | Arvind Kumar Singh | Executive Director | Member | 03-09-2022 | ||
| 6 | 02485365 | Ashok Kumar Tripathy | Non-Executive - Independent Director | Member | 30-06-2023 | ||
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | |||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | ||||||||
Annexure 1 | ||||||||
III. Meeting of Board of Directors | ||||||||
| Disclosure of notes on meeting of board of directors explanatory | ||||||||
| Sr | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | 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 | 08-01-2024 | Yes | 16 | 16 | 6 | |||
| 2 | 12-02-2024 | 34 | Yes | 16 | 14 | 6 | ||
| 3 | 20-03-2024 | 36 | Yes | 16 | 14 | 6 | ||
| 4 | 01-05-2024 | 41 | Yes | 16 | 14 | 5 | ||
| 5 | 20-05-2024 | 18 | Yes | 16 | 14 | 5 | ||
| 6 | 07-06-2024 | 17 | Yes | 16 | 14 | 5 | ||
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 | 12-02-2024 | Yes | 5 | 5 | 4 | 0 | |||
| 2 | Audit Committee | 19-03-2024 | 35 | Yes | 5 | 5 | 4 | 0 | ||
| 3 | Audit Committee | 04-04-2024 | 15 | Yes | 5 | 4 | 3 | 0 | ||
| 4 | Audit Committee | 20-05-2024 | 45 | Yes | 4 | 4 | 3 | 0 | ||
| 5 | Stakeholders Relationship Committee | 27-03-2024 | Yes | 5 | 5 | 3 | 0 | |||
| 6 | Risk Management Committee | 18-05-2024 | 51 | Yes | 6 | 4 | 2 | 0 | ||
Annexure 1 | |||
V. Related Party Transactions | |||
| Sr | Subject | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Whether prior approval of audit committee obtained | Yes | |
| 2 | Whether shareholder approval obtained for material RPT | No | Shareholders Approval will be obtained in ensuing AGM, if required |
| 3 | Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee | Yes | |
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 | No |
| 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 |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | M.B.BALAKRISHNAN |
| 2 | Designation | Company Secretary |
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 | Yes | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | 6 | |
| Sr. | Date of the event | Brief details of the event |
| 1 | 09-03-2024 | lnternet connected device being used at DSP was found communicating with malicious lP address (45.88.90.90.11), which is associated to Mirai Botnet, (wrt an incident reported by Intelligence Bureau on 15/05/2024) Action Taken: 1. The said device has been removed from the network. 2. The malicious IP 45.88.90.11 has been blocked at the Firewall level. The incident reported has not led to any business disruption at Durgapur Steel Plant. Period March 09-19, 2024 |
| 2 | 01-03-2024 | Communication from Public IP 45.127.230.115 configured on PowerTel ILL to Malicious IP 139.59.46.88 (as per report received on 09/05/24) No Loss of data / Document observed or reported. Period March 01-03, 2024 |
| 3 | 04-01-2024 | Communication from IP 59:98:79:38 configured on Firewall for connection to BSNL ILL to Malicious IP 45.76.132.25 (as per report received on 18/06/24) No Loss of data / Document observed or reported. |
| 4 | 16-01-2024 | Bokaro Steel Plant, C&IT Deptt. Malicious Activities by Cyber Threat Group “STATELY TAURUS" (Ref. CERTIn-56864124) Action Taken: All affected computers were used for day to day normal activities and no critical information or document is stolen. 1.Corrective measures have been taken as instructed and recommended by CERT-IN to stop cyber breaches in future. 2. Firewall settings are also done for blocking attacker IP address |
| 5 | 16-01-2024 | Gua Iron Ore Mines, Gua, Jharkhand Malicious Activities by Cyber Threat Group “STATELY TAURUS" (Ref. CERTIn-56864124) Action Taken: 1.Corrective measures have been taken as instructed and recommended by CERT-IN to stop cyber breaches in future. 2. Firewall settings are also done for blocking attacker IP address. Period January 16 - March 01, 2024 |
| 6 | 16-04-2024 | APEX Office, Kiriburu, Jharkhand SMB based traffic towards targetted device. These are Malicious activities reported to be associated with "DC RAT". (Ref.NC_SAIL_19062024) Action Taken: 1. Corrective measures have been taken as instructed and recommended by CERT-IN to stop cyber breaches in future. 2. Firewall settings are also done for blocking attacker IP address. Period April 16 - 19, 2024 |
Signatory Details | |
| Name of signatory | M.B.BALAKRISHNAN |
| Designation of person | Company Secretary |
| Place | NEW DELHI |
| Date | 10-07-2024 |