General information about company

Scrip code 540750

NSE Symbol IEX

MSEI Symbol NOTLISTED

ISIN INE022Q01020

Name of the entity INDIAN ENERGY EXCHANGE LIMITED

Date of start of financial year 01-04-2019

Date of end of financial year 31-03-2020

Reporting Quarter Quarterly

Date of Report 30-06-2019

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

Wether the listed entity has a Regular Chairperson Yes

Whether Chairperson is related to MD or CEO No

Name ofthe

DirectorPAN DIN

Category 1of directors

Category 2of directors

Category3 of

directors

Dateof

Birth

Initial Dateof

appointment

Date of Re-appointment

Date ofcessation

Tenureof

director(in

months)

No ofDirectorship inlisted entitiesincluding thislisted entity

(ReferRegulation 17A

of ListingRegulations)

No of IndependentDirectorship inlisted entitiesincluding this

listed entity (ReferRegulation 17A(1)

of ListingRegulations

Number ofmemberships in

Audit/ StakeholderCommittee(s)

including this listedentity (Refer

Regulation 26(1) ofListing Regulations)

No of post ofChairperson in Audit/

Stakeholder Committeeheld in listed entitiesincluding this listed

entity (ReferRegulation 26(1) ofListing Regulations)

Notes fornot

providingPAN

DineshKumarMehrotra

ADQPM6804K 00142711

Non-Executive -IndependentDirector

Chairperson05-05-1953

30-03-2015 22-05-2019

50 3 3 4 1

ProfKayyalathuThomasChacko

AASPC3680L 02446168

Non-Executive -IndependentDirector

NotApplicable

29-10-1946

30-03-2015 51 1 1 1 1

TejpreetSinghChopra

ADNPC6578R 00317683

Non-Executive -IndependentDirector

NotApplicable

05-12-1969

05-03-2019 4 3 3 1 1

SudhaPillai

AENPP4151N 02263950

Non-Executive -IndependentDirector

NotApplicable

01-05-1950

26-04-2019 2 5 5 7 2

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

Sr

Title(Mr

/Ms)

Name of theDirector PAN DIN

Category 1of directors

Category 2of

directors

Category3 of

directors

Dateof

Birth

Initial Dateof

appointment

Date of Re-appointment

Date ofcessation

Tenureof

director(in

months)

No ofDirectorship

in listedentities

includingthis listed

entity (ReferRegulation

17A ofListing

Regulations)

No ofIndependentDirectorship

in listedentities

includingthis listed

entity(Refer

Regulation17A(1) of

ListingRegulations

Number ofmemberships

in Audit/Stakeholder

Committee(s)including thislisted entity

(ReferRegulation

26(1) ofListing

Regulations)

No of postof

Chairpersonin Audit/

StakeholderCommittee

held in listedentities

includingthis listed

entity (ReferRegulation

26(1) ofListing

Regulations)

Notes fonot

providinPAN

5 MrSatyanarayanGoel ADAPG6282F 02294069

ExecutiveDirector

NotApplicable

CEO-MD

10-08-1954

21-01-2014 1 0 0 0

6 MrGautamDalmia AAFPD5252N 00009758

Non-Executive -NonIndependentDirector

NotApplicable

14-01-1968

20-12-2018 3 0 2 0

7 MsRenukaRamnath AADPR8108D 00147182

Non-Executive -NonIndependentDirector

NotApplicable

14-09-1961

29-03-2012 7 5 2 2

8 MrGopalSrinivasan AADPG9543P 00177699

Non-Executive -NonIndependentDirector

NotApplicable

04-08-1958

18-04-2017 4 1 2 0

I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

Sr

Title(Mr

/Ms)

Name ofthe

DirectorPAN DIN

Category 1of directors

Category 2of

directors

Category3 of

directors

Dateof

Birth

Initial Dateof

appointment

Date of Re-appointment

Date ofcessation

Tenureof

director(in

months)

No ofDirectorship

in listedentities

includingthis listed

entity (ReferRegulation

17A ofListing

Regulations)

No ofIndependentDirectorship

in listedentities

includingthis listed

entity(Refer

Regulation17A(1) of

ListingRegulations

Number ofmemberships

in Audit/Stakeholder

Committee(s)including thislisted entity

(ReferRegulation

26(1) ofListing

Regulations)

No of postof

Chairpersonin Audit/

StakeholderCommittee

held in listedentities

includingthis listed

entity (ReferRegulation

26(1) ofListing

Regulations)

Notes fornot

providingPAN

9 MrMahendraSinghi AJXPS9801R 00243835

Non-Executive -NonIndependentDirector

NotApplicable

30-09-1952

30-05-2017 1 0 1 0

10 MrAjeetKumarAgarwal

AAQPA4238C 02231613

Non-Executive -NonIndependentDirector

NotApplicable

30-05-1960

22-08-2012 2 0 1 0

11 MrRajivSrivastava AYZPS4228F 03568897

ExecutiveDirector

NotApplicable

03-10-1964

03-06-2019 1 0 1 0

Annexure 1

II. Composition of Committees

Disclosure of notes on composition of committees explanatory Textual Information(1)

Annexure 1 Text Block

Textual Information(1)

This is to inform that as per Regulation 21 of the SEBI (LODR) Regulations, 2015 the Company haveEnterprise Risk Management Committee (ERMC) to Oversee, Monitor and Review the RiskManagement plan of the Company and also this Committee performs the other functions whichspecifically includes Cyber Security.

Further as per CERC Power Market Regulations, 2010 the Company has a separate Risk ManagementCommittee (RMC) in place which performs the functions as required under Power Market Regulations.

Both ERMC and RMC have different composition, Role and Functions.

Audit Committee Details

Whether the Audit Committee has a Regular Chairperson Yes

Sr DINNumber

Name of Committeemembers Category 1 of directors Category 2 of

directorsDate of

AppointmentDate of

Cessation Remarks

1 00142711 Dinesh KumarMehrotra

Non-Executive - IndependentDirector Chairperson 30-03-2015 22-05-2019 Textual

Information(1)

2 02446168 Prof KayyalathuThomas Chacko

Non-Executive - IndependentDirector Member 07-10-2014

3 00243835 Mahendra Singhi Non-Executive - NonIndependent Director Member 30-07-2018

4 02263950 Sudha Pillai Non-Executive - IndependentDirector Member 24-05-2019 Textual

Information(2)

Sr Text Block

Textual Information(1)

Mr. Dinesh Kumar Mehrotra ceased to be Chairman and Dirtector of the Company w.e.f May 22, 2019due to his resignation, and accordingly ceased to be chairman of the Audit Committee on the same date. The Board of directors of the Company in its Meeting dated May 24, 2019 appointed Ms. Sudha Pillai asthe Chairperson of the Audit Committee with effect from May 24, 2019.

Textual Information(2)Ms. Sudha Pillai is the Chairperson of the Audit Committee w.e.f May 24, 2019 as she was appointed inplace of Mr. Dinesh Kumar Mehrotra who ceased to be the Chairperson of the Audit Committee w.e.fMay 22, 2019.

Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular Chairperson Yes

Sr DINNumber

Name of Committeemembers Category 1 of directors Category 2 of

directorsDate of

AppointmentDate of

Cessation Remarks

1 02446168 Prof KayyalathuThomas Chacko

Non-Executive - IndependentDirector Chairperson 21-05-2012

2 00142711 Dinesh KumarMehrotra

Non-Executive - IndependentDirector Member 04-05-2016 22-05-2019 Textual

Information(1)

3 02263950 Sudha Pillai Non-Executive - IndependentDirector Member 24-05-2019 Textual

Information(2)

4 00243835 Mahendra Singhi Non-Executive - NonIndependent Director Member 12-06-2017

5 00147182 Renuka Ramnath Non-Executive - NonIndependent Director Member 04-05-2016

Sr Text Block

Textual Information(1)

Mr. Dinesh Kumar Mehrotra ceased to be Chairman and Dirtector of the Company w.e.f May 22, 2019due to his resignation, and accordingly ceased to be Member of the Nomination and RemunerationCommittee on the same date. The Board of directors of the Company in its Meeting dated May 24, 2019 appointed Ms. Sudha Pillai asthe Member of the Nomination and Remuneration Committee with effect from May 24, 2019 in place ofMr. Dinesh Kumar Mehrotra.

Textual Information(2)The Board of directors of the Company in its Meeting dated May 24, 2019 appointed Ms. Sudha Pillai asthe Member of the Nomination and Remuneration Committee with effect from May24, 2019 in place ofMr. Dinesh Kumar Mehrotra who ceased to be Member of the Committee w.e.f May 22, 2019.

Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes

Sr DINNumber

Name of Committeemembers Category 1 of directors Category 2 of

directorsDate of

AppointmentDate of

Cessation Remarks

1 02446168 Prof KayyalathuThomas Chacko

Non-Executive - IndependentDirector Chairperson 30-05-2017

2 00177699 Gopal Srinivasan Non-Executive - NonIndependent Director Member 30-05-2017

3 02294069 Satyanarayan Goel Executive Director Member 30-05-2017 03-06-2019 TextualInformation(1)

4 03568897 Rajiv Srivastava Executive Director Member 03-06-2019 TextualInformation(2)

Sr Text Block

Textual Information(1)The Board of Directors of the Company in its Meeting dated May 24, 2019 discharged Mr.Satyanarayan Goel from the Membership of the Committee and appointed Mr. Rajiv Srivastava as aMember of the Committee w.e.f. June 03, 2019 in place of Mr. Satyanarayan Goel.

Textual Information(2) The Board of Directors of the Company in its Meeting dated May 24, 2019 appointed Mr. RajivSrivastava as a Member of the Committee w.e.f. June 03, 2019 in place of Mr. Satyanarayan Goel.

Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson Yes

Sr DINNumber

Name of Committeemembers Category 1 of directors Category 2 of

directorsDate of

AppointmentDate of

Cessation Remarks

1 02446168 Prof KayyalathuThomas Chacko

Non-Executive - IndependentDirector Chairperson 04-05-2016

2 00243835 Mahendra Singhi Non-Executive - NonIndependent Director Member 08-11-2017

3 02294069 Satyanarayan Goel Executive Director Member 04-05-2016

4 03568897 Rajiv Srivastava Executive Director Member 03-06-2019

5 00009758 Gautam Dalmia Non-Executive - NonIndependent Director Member 03-06-2019

Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson Yes

Sr DINNumber

Name of Committeemembers Category 1 of directors Category 2 of

directorsDate of

AppointmentDate of

Cessation Remarks

1 02446168 Prof KayyalathuThomas Chacko

Non-Executive - IndependentDirector Chairperson 23-04-2015

2 02294069 Satyanarayan Goel Executive Director Member 10-03-2014

3 00147182 Renuka Ramnath Non-Executive - NonIndependent Director Member 04-05-2016 03-06-2019 Textual

Information(1)

4 02263950 Sudha Pillai Non-Executive - IndependentDirector Member 03-06-2019 Textual

Information(2)

5 03568897 Rajiv Srivastava Executive Director Member 03-06-2019 TextualInformation(3)

Sr Text Block

Textual Information(1)The Board of Directors of the Company in its Board Meeting dated May 24, 2019 discharged Ms.Renuka Ramnath from the Membership of Corporate Social Responsibility Committee (CSR) andappointed Ms. Sudha Pillai as Member of the Committee with effect from June 3, 2019.

Textual Information(2) The Board of Directors of the Company in its Board Meeting dated May 24, 2019 appointed Ms. SudhaPillai as Member of the CSR Committee w.e.f June 3, 2019 in place of Ms. Renuka Ramnath.

Textual Information(3) The Board of Directors of the Company in its Board Meeting dated May 24, 2019 appointed Mr. RajivSrivastava as Member of the CSR Committee w.e.f June 3, 2019

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 ofdirectors explanatory

SrDate(s) of meeting

(if any) in theprevious quarter

Date(s) ofmeeting (if any)

in the currentquarter

Maximum gap betweenany two consecutive (in

number of days)

Notes fornot

providingDate

Whetherrequirement ofQuorum met

(Yes/No)

Number ofDirectorspresent*

No. of IndependentDirectors attending

the meeting*

1 10-01-2019 Yes 6 2

2 08-02-2019 28 Yes 4 2

3 02-04-2019 52 Yes 7 3

4 26-04-2019 23 Yes 7 3

5 24-05-2019 27 Yes 5 2

Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory

Sr Name ofCommittee

Date(s) of meeting (Enterdates of Previous quarter and

Current quarter inchronological order)

Maximum gapbetween any twoconsecutive (innumber of days)

Name ofother

committee

Reson fornot

providingdate

Whetherrequirementof Quorum

met(Yes/No)

Numberof

Directorspresent*

No. ofIndependent

Directorsattending the

meeting*

1 AuditCommittee 08-02-2019 Yes 2 2

2 AuditCommittee 26-04-2019 76 Yes 2 2

3

Nominationandremunerationcommittee

15-03-2019 Yes 3 2

4

Nominationandremunerationcommittee

26-04-2019 41 Yes 3 2

5

CorporateSocialResponsibilityCommittee

22-02-2019 Yes 2 1

6

CorporateSocialResponsibilityCommittee

25-04-2019 61 Yes 2 1

Annexure 1

IV. Meeting of Committees

Sr Name ofCommittee

Date(s) of meeting (Enterdates of Previous quarter and

Current quarter inchronological order)

Maximum gapbetween any twoconsecutive (innumber of days)

Name ofother

committee

Reson fornot

providingdate

Whetherrequirementof Quorum

met(Yes/No)

Numberof

Directorspresent*

No. ofIndependent

Directorsattending the

meeting*

7

CorporateSocialResponsibilityCommittee

06-05-2019 10 Yes 2 1

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 NA

2 Whether shareholder approval obtained for material RPT NA

3 Whether details of RPT entered into pursuant to omnibus approvalhave been reviewed by Audit Committee NA

Annexure 1

VI. Affirmations

Sr Subject Compliancestatus (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 100 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 inSEBI (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: TextualInformation(1)

Annexure 1

Sr Subject Compliance status

1 Name of signatory Vineet Harlalka

2 Designation Company Secretary and Compliance Officer

Text Block

Textual Information(1)

For Sr. No.(1) The composition of Board of Directors is in terms of SEBI(Listing obligation andDisclosure Requirements) Regulation,2015 Note: During the reporting quarter Mr. Dinesh Kumar Mehrotra, Chairman and Independent Director,resigned from the Chairmanship and Directorship of the Company with effect from May 22, 2019 due towhich the number of independent directors are reduced to three (3). The Company is in process of takingthe necessary action to ensure complaince with Regulation 17 of SEBI (LODR) Regulations, 2015within the given time frame.

Signatory Details

Name of signatory Vineet Harlalka

Designation of person Company Secretary and Compliance Officer

Place New Delhi

Date 15-07-2019