General information about company |
| Scrip Code* | 532907 |
| NSE Symbol* | IL&FSENGG |
| MSEI Symbol | NA |
| ISIN | INE369I01014 |
| Name of the listed entity | IL&FS ENGINEERING AND CONSTRUCTION COMPANY LIMITED |
| Date of start of financial year | 01-04-2023 |
| Date of end of financial year | 31-03-2024 |
| Date of Reporting to Exchange | 23-05-2024 |
| Whether any observations reported by the Secretarial Auditor | No |
| 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 report | Yes |
| Name of the Certifying Firm | RPR & ASSOCIATES |
| Name of the practicing Company Secretary issuing the report | Y RAVI PRASADA REDDY |
| Membership Type | FCS |
| ACS/FCS No. | 5783 |
| UDIN | F005783F000413333 |
| CP No. | 5360 |
| Place of PCS | HYDERABAD |
| PCS Report Date | 21-05-2024 |
Regulations |
| Sr No | Regulation | Applicability during the period under review (Yes/No) | Any Observation (Yes/No) |
| 1 | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | Yes | No |
| 2 | Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 | No | No |
| 3 | Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | Yes | No |
| 4 | Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018 | No | No |
| 5 | Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 | No | No |
| 6 | Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 | No | No |
| 7 | Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 | Yes | No |
Previous Report |
| Sr No | Compliance requirement (regulations/circulars/ guidelines including specific clauses) | Regulation Name/ SEBI Circular number* | Regulation Number/ circular dated | Deviations | Actions taken by | Name of Other Regulatory Body | Type of Action (Advisory/Clarification/Fine/Show Cause Notice/ Warning, etc.) | Details of other action taken | Details of violation | Fine Amount | Observations of the practicing Company secretary in the previous reports | Observations 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 entity | Management Response | Remarks |
| 1 | ONE WOMAN DIRECTOR TO BE APPOINTED | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | 17 | NO WOMAN DIRECTOR APPOINTED TILL 30-09-2023 | PCS | | Advisory | | NO ACTION TAKEN TILL 30-09-2023 | | NOT APPOINTED WOMAN DIRECTOR | WOMAN DIRECTOR WAS APPOINTED WITH EFFECT FROM 30-09-2023 | NO 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 DIRECTOR | WOMAN DIRECTOR WAS APPOINTED WITH EFFECT FROM 30-09-2023 | THERE 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 | |
| 2 | THE BOARD OF DIRECTORS OF TOP 2000 LISTED ENTITIES (W.E.F APRIL 1, 2020 ) SHALL COMPRISE OF NOT LESS THAN SIX DIRECTORS | Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 | 17 | THE BOARD COMPRISES OF ONLY FIVE DIRECTORS | PCS | | Advisory | | NO ACTION TAKEN TILL 30-09-2023 | | THE BOARD COMPRISE OF ONLY FIVE DIRECTORS | BOARD COMPRISES OF SIX DIRECTORS WITH EFFECT FROM 30-09-2023 | NO 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 DIRECTOR | THE BOARD COMPRISES OF SIX DIRECTORS WITH EFFECT FROM 30-09-2023 | THERE 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 No | Regulation | Compliance status (Yes/No/NA) | Observations /Remarks by PCS* |
| 1 | Secretarial 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) | Yes | NONE |
| 2 | Adoption 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 entities | Yes | NONE |
| (b) | All the policies are in conformity with SEBI Regulations and
has been reviewed & timely updated as per the
regulations/circulars/guidelines issued by SEBI | Yes | NONE |
| 3 | Maintenance and disclosures on Website |
| (a) | The Listed entity is maintaining a functional website | Yes | NONE |
| (b) | Timely dissemination of the documents/ information under
a separate section on the website | Yes | NONE |
| (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 website | Yes | NONE |
| 4 | Disqualification of Director:
None of the Director of the Company are disqualified under
Section 164 of Companies Act, 2013 | Yes | NONE |
| 5 | Details related to Subsidiaries of listed entities:
(a) Identification of material subsidiary companies
(b) Requirements with respect to disclosure of material as well as other subsidiaries | Yes | NONE |
| 6 | Preservation 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 Regulations | Yes | NONE |
| 7 | Performance 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 Regulations | No | THE BOARD OF DIRECTORS INITIATED THE PROCESS OF PERFORMANCE EVALUATION DURING THE MONTH OF FEBRUARY 2024 AND THE SAME IS YET TOCOMPLETE |
| 8 | Related Party Transactions |
| (a) | The listed entity has obtained prior approval of Audit
Committee for all Related party transactions | Yes | NONE |
| (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 committee | Yes | NONE |
| 9 | Disclosure 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 thereunder | Yes | NONE |
| 10 | Prohibition of Insider Trading:
The listed entity is in compliance with Regulation 3(5) & 3(6)
SEBI (Prohibition of Insider Trading) Regulations, 2015 | Yes | NONE |
| 11 | Actions 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 column | Yes | NONE |
| 12 | Resignation 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 entities | NA | NO CASE OF RESIGNATION OF STATUTORY AUDITOR FROM THE LISTED ENTITY OR ITS MATERIAL SUBSIDIARY DURING THE REVIEW PERIOD |