FORM NO. MGT.9
EXTRACT OF ANNUAL RETURN
as on the financial year ended March 31, 2019
[Pursuant to section 92(3) of the Companies Act, 2013 and rule 12(1) of the Companies (Management and Administration) Rules, 2014]
i. |
CIN |
U74999MH2005PLC155683 |
ii. |
Registration Date |
August 26, 2005 |
iii. |
Name of the Company |
Acuité Ratings & Research Limited |
iv. |
Category / Sub-Category of the Company |
Company limited by shares Non – Govt. Company |
v. |
Address of the Registered office and contact details |
The Capital, 812, 8 th Floor, A-Wing, Plot No. C - 70, G - Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Tel         : +91 22 49294000 Email id : info@acuite.in Website : www.acuite.in |
vi. |
Whether listed company Yes / No |
No |
vii. |
Name, Address and Contact details of Registrar and Transfer Agent, if any |
Link Intime India Pvt. Ltd. 247 Park, C 101, 1 st Floor, LBS Marg, Vikhroli (W), Mumbai – 400 083 Tel         : +91 22 49186000 |
All the business activities contributing 10% or more of the total turnover of the company shall be stated:-
Sl. No. |
Name and Description of main products / services |
NIC Code of the Product / service |
% to total turnover of the company |
1. |
Rating / Grading Services |
NIL |
95.90 |
Sl. No. |
Name and Address of the Company |
CIN/GLN |
Holding / Subsidiary / Associate |
% of shares held |
Applicable Section |
1. |
SMERA Gradings & Ratings Private Limited Unit 102, 1st Floor, Sumer Plaza, Marol – Maroshi Road, Marol, Andheri (East), Mumbai – 400 059 |
U74999MH2018PTC308660 |
Subsidiary |
99.9 |
Section 2(87) |
Category of Shareholders |
No. of Shares held at the beginning of the year |
No. of Shares held at the end of the year |
% Change during the year |
||||||
---|---|---|---|---|---|---|---|---|---|
Demat |
Physical |
Total |
% of Total Shares |
Demat |
Physical |
Total |
% of Total Shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
5100000 |
- |
5100000 |
34.29 |
5100000 |
- |
5100000 |
35.73 |
1.44 |
|
5100000 |
- |
5100000 |
34.29 |
5100000 |
- |
5100000 |
35.73 |
1.44 |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
Sub-total (A)(1) |
10200000 |
- |
10200000 |
68.57 |
10200000 |
- |
10200000 |
71.46 |
2.88 |
|
|
|
|
|
|
|
|
|
|
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
Sub-total (A)(2) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Total shareholding of Promoter (A)=(A)(1)+(A)(2) |
10200000 |
- |
10200000 |
68.57 |
10200000 |
- |
10200000 |
71.46 |
2.88 |
|
|
|
|
|
|
|
|
|
|
(1)Â Institutions |
|
|
|
|
|
|
|
|
|
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
4675000 |
- |
4675000 |
31.43 |
4075000 |
- |
4075000 |
28.54 |
(2.89) |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
Sub-total (B)(1) |
4675000 |
- |
4675000 |
31.43 |
4075000 |
- |
4075000 |
28.54 |
(2.89) |
(2)Â Non-Institutions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
|
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
Sub-total (B)(2) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Total Public Shareholding     (B) = (B)(1) + (B)(2) |
4675000 |
- |
4675000 |
31.43 |
4075000 |
- |
4075000 |
28.54 |
(2.89) |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
Grand Total (A+B+C) |
14875000 |
- |
14875000 |
100.00 |
14275000 |
- |
14275000 |
100.00 |
- |
ii.  Shareholding of Promoters:-
Sl. No. |
Shareholder's Name |
Shareholding at the beginning of the year |
Shareholding at the end of the year |
% change in shareholding during the year |
||||
---|---|---|---|---|---|---|---|---|
No. of Shares |
% of total Shares of the company |
% of Shares Pledged/
|
No. of Shares |
% of total Shares of the company |
% of Shares Pledged/ encumbered to total shares |
|||
1. |
Small Industries Development Bank of India |
5100000 |
34.29 |
0 |
5100000 |
35.73 |
0 |
1.44 |
2. |
Dun & Bradstreet Information Services India Pvt. Ltd. |
5100000 |
34.29 |
0 |
5100000 |
35.73 |
0 |
1.44 |
|
Total |
10200000 |
68.58 |
0 |
10200000 |
71.46 |
0 |
2.88 |
iii. Change in Promoters' Shareholding (please specify, if there is no change):-
|
Shareholding at the beginning of the year |
Cumulative Shareholding during the year |
||
---|---|---|---|---|
No. of shares |
% of total shares of the company |
No. of shares |
% of total shares of the company |
|
At the beginning of the year |
|
|||
Date wise Increase/Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment/transfer/bonus/sweat equity etc.): |
There was no change in Promoters’ Shareholding between 01.04.2018 to 31.03.2019. However, percentage of total shares held by the Promoters’ – SIDBI and D&B, increased during the year from 34.29% to 35.73%, on account of buy-back of 6,00,000 equity shares by the Company. |
|||
At the End of the year |
|
|||
iv. Shareholding Pattern of top ten Shareholders (other than Directors, Promoters and Holders of GDRs and ADRs):-
Sl. No. |
For Each of the Top 10 Shareholders |
Shareholding at the beginning of the year |
Cumulative Shareholding during the year |
||
---|---|---|---|---|---|
No. of shares |
% of total shares of the company |
No. of shares |
% of total shares of the company |
||
1. |
ICICI Bank: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
1100000 |
7.39 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
There was no change in shareholding between 01.04.2018 to 31.03.2019. However, percentage of total shares held by ICICI increased during the year from 7.39% to 7.71% on account of buy-back of 6,00,000 equity shares by the Company. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
11,00,000 |
7.71 |
2. |
State Bank of India: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
950000 |
6.39 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
There was no change in shareholding between 01.04.2018 to 31.03.2019. However, percentage of total shares held by ICICI increased during the year from 6.39% to 6.65% on account of buy-back of 6,00,000 equity shares by the Company. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
9,50,000 |
6.65 |
3. |
Bank of Baroda: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
400000 |
2.69 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
There was no change in shareholding between 01.04.2018 to 31.03.2019. However, percentage of total shares held by ICICI increased during the year from 6.39% to 6.65% on account of buy-back of 6,00,000 equity shares by the Company. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
4,00,000 |
2.80 |
4. |
Bank of India: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
400000 |
2.69 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
5. |
Canara Bank: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
400000 |
2.69 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
6. |
Oriental Bank of Commerce: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
400000 |
2.69 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
7. |
Union Bank of India: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
400000 |
2.69 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
8. |
Standard Chartered Bank: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
225000 |
1.51 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
9. |
Indian Bank: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
200000 |
1.34 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
10. |
Punjab National Bank: At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
200000 |
1.34 |
- |
- |
|
Date wise Increase / Decrease in Promoters Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus /sweat equity, etc.) |
On March 11, 2019 the Company bought back 1,20,000 shares. |
|||
|
At the beginning of the year and at the end of the year – No change during the year ended 31 March, 2018. |
- |
- |
2,80,000 |
1.96 |
For Each of the Directors and KMP |
Shareholding at the beginning of the year |
Cumulative Shareholding during the year |
||
---|---|---|---|---|
No. of shares |
% of total shares of the company |
No. of shares |
% of total shares of the company |
|
At the beginning of the year |
NA |
NA |
NA |
NA |
Date wise Increase / Decrease in Shareholding during the year specifying the reasons for increase / decrease (e.g. allotment / transfer / bonus / sweat equity etc.) |
NA |
NA |
NA |
NA |
At the End of the year |
NA |
NA |
NA |
NA |
Indebtedness of the Company including interest outstanding / accrued but not due for payment:-
|
Secured Loans Excluding deposits |
Unsecured Loans |
Deposits |
Total Indebtedness |
|
---|---|---|---|---|---|
Indebtedness at the beginning of the financial year |
|||||
|
NA
|
||||
|
|||||
|
|||||
Total (i+ii+iii) |
|||||
Change in Indebtedness during the financial year |
|||||
|
NA |
||||
|
|||||
Net Change |
|||||
Indebtedness at the end of the financial year |
|||||
|
NA
|
||||
|
|||||
|
|||||
Total (i+ii+iii) |
|||||
Sl. No. |
Particulars of Remuneration |
Name of WTD |
Total Amount (in Rs.) |
|
|
Mr. Sankar Chakraborti -Â Â Â Â Â Â Â CEO |
|
1. |
Gross salary (a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 (c) Profits in lieu of salary under section 17(3) Income- tax Act, 1961 |
1,36,82,418
- - |
1,36,82,418
- - |
2. |
Stock Option |
NA |
NA |
3. |
Sweat Equity |
NA |
NA |
4. |
Commission - as % of profit - others, specify |
NA NA |
NA NA |
5. |
Others, please specify |
NA |
NA |
|
Total (i) |
1,36,82,418 |
1,36,82,418 |
|
Ceiling as per the Act |
5% of the Net Profit of the Company calculated as per Section 198 of the Companies Act, 2013 |
|
Sl. No. |
Name of Directors |
Particulars of Remuneration |
|||
Fee for attending board committee meetings (in Rs.) |
Commission (in Rs.) |
Others, please specify            (in Rs.) |
Total Amount        (in Rs.) |
||
1. |
Mr. S Ravi |
1,10,000 |
NA |
NA |
1,10,000 |
Mrs. Vidya Mahambare |
2,40,000 |
NA |
NA |
2,40,000 |
|
Mr. Hiren Shah |
3,95,000 |
NA |
NA |
3,95,000 |
|
Mr. C R Biswal |
75,000 |
NA |
NA |
75,000 |
|
Total (1) |
8,20,000 |
- |
- |
8,20,000 |
|
2. |
Mr. Subhash S Mundra |
35,000 |
NA |
NA |
35,000 |
Mr. Jaspal Bindra |
2,40,000 |
NA |
NA |
2,40,000 |
|
Mr. A K Deb |
2,95,000 |
NA |
NA |
2,95,000 |
|
Mr. Rajesh Mirchandani |
NA |
NA |
NA |
NA |
|
Mr. Manish Sinha
|
NA |
NA |
NA |
NA |
|
Mr. Praveen Trivedi
|
35,000 |
NA |
NA |
35,000 |
|
Mr. Saurabh Shah
|
NA |
NA |
NA |
NA |
|
Mr. Arun Tiwari
|
35,000 |
NA |
NA |
35,000 |
|
Total (1) |
6,40,000 |
- |
- |
6,40,000 |
|
Total (ii) = (1 + 2) |
14,60,000 |
||||
Ceiling as per the Act |
1% of the Net Profit of the Company calculated as per Section 198 of the Companies Act, 2013 |
||||
Total Managerial Remuneration (i + ii) |
1,51,42,418 |
||||
Sl. No. |
Particulars of Remuneration |
Key Managerial Personnel |
||
---|---|---|---|---|
|
|
Ms. Chitra Mohan, CS |
Mr. Deepak Dhingra, CFO |
Total |
1. |
Gross salary (a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 (c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 |
25,20,773
- |
27,80,233
-
- |
53,01,006
-
- |
2. |
Stock Option |
NA |
NA |
NA |
3. |
Sweat Equity |
NA |
NA |
NA |
4. |
Commission - as % of profit - others, specify |
NA |
NA |
NA |
5. |
Others, please specify |
NA |
NA |
NA |
Total |
25,20,773 |
27,80,233 |
53,01,006 |
|
Type |
Section of the Companies Act |
Brief Description |
Details of Penalty /
|
Authority [RD / NCLT / COURT] |
Appeal made, if any (give Details) |
---|---|---|---|---|---|
|
|||||
Penalty |
NIL |
||||
Punishment |
|||||
Compounding |
|||||
|
|||||
Penalty |
NIL |
||||
Punishment |
|||||
Compounding |
|||||
|
|||||
Penalty |
NIL |
||||
Punishment |
|||||
Compounding |
|||||