5004102024-10-012024-12-315004102024-12-315004102024-10-012024-12-31CompositionOfBoardOfDirectors15004102024-12-31CompositionOfBoardOfDirectors15004102024-10-012024-12-31CompositionOfBoardOfDirectors25004102024-12-31CompositionOfBoardOfDirectors25004102024-10-012024-12-31CompositionOfBoardOfDirectors35004102024-12-31CompositionOfBoardOfDirectors35004102024-10-012024-12-31CompositionOfBoardOfDirectors45004102024-12-31CompositionOfBoardOfDirectors45004102024-10-012024-12-31CompositionOfBoardOfDirectors55004102024-12-31CompositionOfBoardOfDirectors55004102024-10-012024-12-31CompositionOfBoardOfDirectors65004102024-12-31CompositionOfBoardOfDirectors65004102024-10-012024-12-31CompositionOfBoardOfDirectors75004102024-12-31CompositionOfBoardOfDirectors75004102024-10-012024-12-31CompositionOfCommittees145004102024-12-31CompositionOfCommittees145004102024-10-012024-12-31CompositionOfCommittees155004102024-12-31CompositionOfCommittees155004102024-10-012024-12-31CompositionOfCommittees165004102024-12-31CompositionOfCommittees165004102024-10-012024-12-31CompositionOfCommittees415004102024-12-31CompositionOfCommittees415004102024-10-012024-12-31CompositionOfCommittees425004102024-12-31CompositionOfCommittees425004102024-10-012024-12-31CompositionOfCommittees435004102024-12-31CompositionOfCommittees435004102024-10-012024-12-31CompositionOfCommittees685004102024-12-31CompositionOfCommittees685004102024-10-012024-12-31CompositionOfCommittees695004102024-12-31CompositionOfCommittees695004102024-10-012024-12-31CompositionOfCommittees705004102024-12-31CompositionOfCommittees705004102024-10-012024-12-31CompositionOfCommittees1225004102024-12-31CompositionOfCommittees1225004102024-10-012024-12-31CompositionOfCommittees1235004102024-12-31CompositionOfCommittees1235004102024-10-012024-12-31CompositionOfCommittees1245004102024-12-31CompositionOfCommittees1245004102024-12-31MeetingOfBoardOfDirectors15004102024-10-012024-12-31MeetingOfBoardOfDirectors15004102024-12-31MeetingOfBoardOfDirectors25004102024-10-012024-12-31MeetingOfBoardOfDirectors25004102024-12-31MeetingOfBoardOfDirectors35004102024-10-012024-12-31MeetingOfBoardOfDirectors35004102024-10-012024-12-31MeetingOfCommittees15004102024-12-31MeetingOfCommittees15004102024-10-012024-12-31MeetingOfCommittees25004102024-12-31MeetingOfCommittees25004102024-10-012024-12-31MeetingOfCommittees35004102024-12-31MeetingOfCommittees35004102024-10-012024-12-31MeetingOfCommittees45004102024-12-31MeetingOfCommittees45004102024-10-012024-12-31MeetingOfCommittees55004102024-12-31MeetingOfCommittees55004102024-09-30xbrli:pure

Integrated Governance


ACC Limited


General information about company

Scrip code500410
NSE SymbolACC
MSEI SymbolNOTLISTED
ISININE012A01025
Date of start of financial year01-04-2024
Date of end of financial year31-03-2025
Reporting Quarter TypeQuarterly
Date of Quarter Ending31-12-2024
Type of companyEquity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity?true
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity?true
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity?falseNo such instances during the reporting quarter.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity?falseNot Applicable during the quarter ended December 31, 2024
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity?true
Risk management committeetrue
Market Capitalisation as per immediate previous Financial YearTop 500 listed entities
Is SCORE ID Available ?true
SCORE Registration IDaccltd
Reason For No SCORE ID
Type of SubmissionOriginal
Remarks (website dissemination)

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 Chairpersontrue
Whether Chairperson is related to MD or CEOfalseDisqualification of Directors under section 164 of the Companies Act, 2013
Sr no.Title(Mr/Ms)Name of the DirectorCategory 1 of directorsCategory 2 of directorsCategory 3 of directorsWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent statusWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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(Refer Regulation 17A(1) of Listing RegulationsNumber 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 CessationNotes for not providing PANNotes for not providing DIN
1MrKaran AdaniNon-Executive - Non Independent DirectorChairperson related to PromoterfalseActiveNA16-09-202216-09-20223030
2MrVinay PrakashNon-Executive - Non Independent DirectorNot ApplicablefalseActiveNA16-09-202216-09-20222000
3MrArun Kumar AnandNon-Executive - Nominee DirectorNot ApplicablefalseActiveNA16-09-202216-09-20221000
4MrSandeep SinghiNon-Executive - Independent DirectorNot ApplicablefalseActiveNA16-09-202216-09-202227.153343
5MrNitin ShuklaNon-Executive - Independent DirectorNot ApplicablefalseActiveNA16-09-202216-09-202227.153340
6MrRajeev AgarwalNon-Executive - Independent DirectorNot ApplicablefalseActiveNA16-09-202216-09-202227.155584
7MrAjay KapurExecutive DirectorNot ApplicableCEOfalseActiveNA03-12-202203-12-20223020
8MsAmeera ShahNon-Executive - Independent DirectorNot ApplicablefalseActiveNA03-12-202203-12-202224.293231

Annexure I

II. Composition of Committees
Disclosure of notes on composition of committees explanatory

Audit Committee Details

Whether the Audit Committee has a Regular Chairpersontrue
SrName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of AppointmentDate of CessationRemarks
1Sandeep SinghiNon-Executive - Independent DirectorChairperson16-09-2022
2Rajeev AgarwalNon-Executive - Independent DirectorMember16-09-2022
3Nitin ShuklaNon-Executive - Independent DirectorMember16-09-2022

Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular Chairpersontrue
SrName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of AppointmentDate of CessationRemarks
1Nitin ShuklaNon-Executive - Independent DirectorChairperson16-09-2022
2Rajeev AgarwalNon-Executive - Independent DirectorMember16-09-2022
3Sandeep SinghiNon-Executive - Independent DirectorMember16-09-2022

Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular Chairpersontrue
SrName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of AppointmentDate of CessationRemarks
1Rajeev AgarwalNon-Executive - Independent DirectorChairperson16-09-2022
2Sandeep SinghiNon-Executive - Independent DirectorMember16-09-2022
3Karan AdaniNon-Executive - Non Independent DirectorMember16-09-2022
4Ajay KapurExecutive DirectorMember03-12-2022

Risk Management Committee

Whether the Risk Management Committee has a Regular Chairpersontrue
SrName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of AppointmentDate of CessationRemarks
1Nitin ShuklaNon-Executive - Independent DirectorChairperson16-09-2022
2Sandeep SinghiNon-Executive - Independent DirectorMember16-09-2022
3Vinay PrakashNon-Executive - Non Independent DirectorMember16-09-2022
4Ajay KapurExecutive DirectorMember03-12-2022

Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairpersontrue
SrName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of AppointmentDate of CessationRemarks
1Nitin ShuklaNon-Executive - Independent DirectorChairperson16-09-2022
2Rajeev AgarwalNon-Executive - Independent DirectorMember16-09-2022
3Vinay PrakashNon-Executive - Non Independent DirectorMember16-09-2022

Annexure I

III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
SrDate(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order)Maximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Total Number of Directors as on date of the meetingNumber of Directors present*(All directors including Independent Director)No. of Independent Directors attending the meeting*
129-07-2024true884
224-10-202486true884

Annexure I

IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
SrName of CommitteeDate(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 committeeReson for not providing dateWhether requirement of Quorum met (Yes/No)Total Number of Directors in the Committee as on date of the meetingNumber 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)
1Audit Committee29-07-2024true3330
2Audit Committee16-08-202417true3330
3Audit Committee26-09-202440true3330
4Audit Committee24-10-202427true3330
5Nomination and remuneration committee24-07-2024true3330
6Nomination and remuneration committee24-10-202491true3330
7Stakeholders Relationship Committee24-07-2024true4420
8Stakeholders Relationship Committee24-10-202491true4420
9Risk Management Committee24-07-2024true4420
10Risk Management Committee24-10-202491true4420

Annexure I

V. Affirmations
SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015true
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committeetrue
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeetrue
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c.Stakeholders relationship committeetrue
5The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable the top 1000 listed entities)Yes
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.true
7The 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.true
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.true
9Any comments/observations/advice of Board of Directors may be mentioned here:

Annexure I

SrSubjectCompliance status
1Name of signatoryBhavik Parikh
2DesignationCompany Secretary and Compliance Officer

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 quarterfalse
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter

Signatory Details

Name of signatoryBhavik Parikh
Designation of personCompany Secretary and Compliance Officer
PlaceAhmedabad
Date14-02-2025

Investor Grievance Details

No. of investor complaints pending at the beginning of Quarter3
No. of investor complaints received during the Quarter9
No. of investor complaints disposed off during the Quarter11
No. of investor complaints those remaining unresolved at the end of the Quarter1

Disclosure of Updates to Ongoing Tax Litigations or Disputes The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr.No.Name of the opposing partyDate of initiation of the litigation / disputeStatus of the litigation / dispute as per last disclosureCurrent status of the litigation / dispute
1Income Tax Department14-08-2023Income tax department assessed that excise duty incentives received by the Company during assessment years 2006-07 to 2015-16 were liable to income tax. The Company had filed appeals before the Commissioner of Income Tax (Appeals) / Income Tax Appellate Tribunal (ITAT). In March 2023, for the matters pending with the Income Tax Appellate Tribunal (ITAT), the Company has received favourable orders. Pending final closure of the matter, the amount of Rs. 500.63 Crore (Previous year - Rs. 500.63 Crore) along with interest payable of Rs. 103.81 Crore (Previous year - Rs. 103.81 Crore) has been disclosed as contingent liability.No change in the status.
2Income Tax Authority01-11-2023The company has received Assessment Order for the FY 2019-20 demanding Rs. 102.45 crores towards certain disallowances.The Company has filed an appeal with the Commissioner of Income Tax (Appeals). The appeal is pending for adjudication.