General information about company

Scrip Code*532907
NSE Symbol*IL&FSENGG
MSEI SymbolNA
ISININE369I01014
Name of the listed entityIL&FS ENGINEERING AND CONSTRUCTION COMPANY LIMITED
Date of start of financial year01-04-2023
Date of end of financial year31-03-2024
Date of Reporting to Exchange23-05-2024
Whether any observations reported by the Secretarial AuditorNo
The listed entity has maintained proper records under the provisions of the above Regulations and circulars/ guidelines issued thereunder insofar as it appears from my/our examination of those records.Yes
In previous, Any actions taken against the listed entity/its promoters/directors/its material subsidiaries either by SEBI or by stock exchanges (including under the Standard operating procedures issued by SEBI through various circulars).No
Is there any observation made in the previous reportYes
Name of the Certifying FirmRPR & ASSOCIATES
Name of the practicing Company Secretary issuing the reportY RAVI PRASADA REDDY
Membership TypeFCS
ACS/FCS No.5783
UDINF005783F000413333
CP No.5360
Place of PCSHYDERABAD
PCS Report Date21-05-2024


Regulations

Sr NoRegulationApplicability during the period under review (Yes/No)Any Observation (Yes/No)
1Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015YesNo
2Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018NoNo
3Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011YesNo
4Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018NoNo
5Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021NoNo
6Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021NoNo
7Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015YesNo


Previous Report

Sr NoCompliance requirement (regulations/circulars/ guidelines including specific clauses)Regulation Name/ SEBI Circular number*Regulation Number/ circular datedDeviationsActions taken byName of Other Regulatory BodyType of Action (Advisory/Clarification/Fine/Show Cause Notice/ Warning, etc.)Details of other action takenDetails of violationFine AmountObservations of the practicing Company secretary in the previous reportsObservations made in the secretarial compliance report for the year ended.(the years are to be mentioned)Comments of the practicing company secretary on the actions taken by the listed entity.Remedial actions, if any, taken by the listed entityManagement ResponseRemarks
1ONE WOMAN DIRECTOR TO BE APPOINTEDSecurities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201517NO WOMAN DIRECTOR APPOINTED TILL 30-09-2023PCSAdvisoryNO ACTION TAKEN TILL 30-09-2023NOT APPOINTED WOMAN DIRECTORWOMAN DIRECTOR WAS APPOINTED WITH EFFECT FROM 30-09-2023NO ACTION WAS TAKEN DUE TO EXEMPTION OBTAINED FROM NATIONALCOMPANY LAW TRIBUAL(NCLT) VIDE ITS ORDER DATED APRIL 26, 2019 WITH RESPECT TO APPOINTMENT OF A WOMAN DIRECTOR AND THE INDEPENDENT DIRECTORWOMAN DIRECTOR WAS APPOINTED WITH EFFECT FROM 30-09-2023THERE WAS AN EXEMPTION GRANTED Y NATIONALCOMPANY TRIBUNAL VIDE ITS ORDER DATED APRIL 26, 2019 WITH RESPECT TO APPOINTMENT OF A WOMAN DIRECTOR AND INDEPENDENT DIRECTOR
2THE BOARD OF DIRECTORS OF TOP 2000 LISTED ENTITIES (W.E.F APRIL 1, 2020 ) SHALL COMPRISE OF NOT LESS THAN SIX DIRECTORSSecurities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201517THE BOARD COMPRISES OF ONLY FIVE DIRECTORSPCSAdvisoryNO ACTION TAKEN TILL 30-09-2023THE BOARD COMPRISE OF ONLY FIVE DIRECTORSBOARD COMPRISES OF SIX DIRECTORS WITH EFFECT FROM 30-09-2023NO ACTION WAS TAKEN DUE TO EXEMPTION OBTAINED FROM NATIONALCOMPANY LAW TRIBUAL(NCLT) VIDE ITS ORDER DATED APRIL 26, 2019 WITH RESPECT TO APPOINTMENT OF A WOMAN DIRECTOR AND THE INDEPENDENT DIRECTORTHE BOARD COMPRISES OF SIX DIRECTORS WITH EFFECT FROM 30-09-2023THERE WAS ANEXEMPTION GRANTED Y NATIONALCOMPANY TRIBUNAL VIDE ITS ORDER DATED APRIL 26, 2019 WITH RESPECT TO APPOINTMENT OF A WOMAN DIRECTOR AND INDEPENDENT DIRECTOR


Affirmation

Sr NoRegulationCompliance status (Yes/No/NA)Observations /Remarks by PCS*
1Secretarial Standards: The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries India (ICSI)YesNONE
2Adoption and timely updation of the Policies
(a)All applicable policies under SEBI Regulations are adopted with the approval of board of directors of the listed entitiesYesNONE
(b)All the policies are in conformity with SEBI Regulations and has been reviewed & timely updated as per the regulations/circulars/guidelines issued by SEBIYesNONE
3Maintenance and disclosures on Website
(a)The Listed entity is maintaining a functional websiteYesNONE
(b)Timely dissemination of the documents/ information under a separate section on the websiteYesNONE
(c)Web-links provided in annual corporate governance reports under Regulation 27(2) are accurate and specific which re-directs to the relevant document(s)/ section of the websiteYesNONE
4Disqualification of Director: None of the Director of the Company are disqualified under Section 164 of Companies Act, 2013YesNONE
5Details related to Subsidiaries of listed entities: (a) Identification of material subsidiary companies (b) Requirements with respect to disclosure of material as well as other subsidiariesYesNONE
6Preservation of Documents: The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per Policy of Preservation of Documents and Archival policy prescribed under SEBI LODR RegulationsYesNONE
7Performance Evaluation: The listed entity has conducted performance evaluation of the Board, Independent Directors and the Committees at the start of every financial year as prescribed in SEBI RegulationsNoTHE BOARD OF DIRECTORS INITIATED THE PROCESS OF PERFORMANCE EVALUATION DURING THE MONTH OF FEBRUARY 2024 AND THE SAME IS YET TOCOMPLETE
8Related Party Transactions
(a)The listed entity has obtained prior approval of Audit Committee for all Related party transactionsYesNONE
(b)In case no prior approval obtained, the listed entity shall provide detailed reasons along with confirmation whether the transactions were subsequently approved/ratified/rejected by the Audit committeeYesNONE
9Disclosure of events or information: The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of SEBI LODR Regulations within the time limits prescribed thereunderYesNONE
10Prohibition of Insider Trading: The listed entity is in compliance with Regulation 3(5) & 3(6) SEBI (Prohibition of Insider Trading) Regulations, 2015YesNONE
11Actions taken by SEBI or Stock Exchange(s), if any: No Actions taken against the listed entity/ its promoters/directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder (or) The actions taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges are specified in the last columnYesNONE
12Resignation of statutory auditors from the listed entity or its material subsidiaries: In case of resignation of statutory auditor from the listed entity or any of its material subsidiaries during the financial year, the listed entity and / or its material subsidiary(is) has / have complied with paragraph 6.1 and 6.2 of section V-D of chapter V of the Master Circular on compliance with the provisions of the LODR Regulations by listed entitiesNANO CASE OF RESIGNATION OF STATUTORY AUDITOR FROM THE LISTED ENTITY OR ITS MATERIAL SUBSIDIARY DURING THE REVIEW PERIOD