General information about company
Scrip code 544057
NSE Symbol HAPPYFORGE
MSEI Symbol NOTLISTED
ISIN INE330T01021
Name of the entity HAPPY FORGINGS LIMITED
Date of start of financial year 01-04-2024
Date of end of financial year 31-03-2025
Reporting Quarter Quarterly
Date of Report 30-06-2024
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 Textual Information(1)
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth
1 Mr PARITOSH KUMAR ABKPG4486F 00393387 Executive Director Chairperson MD 06-08-1955
2 Mr ASHISH GARG AGTPG3772A 01829082 Executive Director Not Applicable MD 08-04-1985
3 Mrs MEGHA GARG ALMPK2107P 07352042 Executive Director Not Applicable 20-07-1985
4 Mr NARINDER SINGH ACMPJ9989P 00393525 Executive Director Not Applicable CEO 01-01-1954
5 Mr VIKAS GIYA AFLPG4645K 01399764 Non-Executive - Independent Director Not Applicable 02-03-1979
6 Mr SATISH SEKHRI AERPS8750C 00211478 Non-Executive - Independent Director Not Applicable 28-03-1950
7 Mr RAVINDRA PISHARODY ABMPP4029P 01875848 Non-Executive - Independent Director Not Applicable 24-11-1955
8 Mrs RAJESWARI KARTHIGEYAN AJVPR2199F 10051618 Non-Executive - Independent Director Not Applicable 24-11-1970
9 Mr ATUL B LALL AADPL2033P 00781436 Non-Executive - Independent Director Not Applicable 05-01-1962
10 Mr PRAKASH BAGLA ADAPB8228Q 03043874 Non-Executive - Nominee Director Not Applicable 11-11-1975

I. Composition of Board of Directors

Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status
1 No Active
2 No Active
3 No Active
4 No Active
5 No Active
6 No Active
7 No Active
8 No Active
9 No Active
10 No Active

I. Composition of Board of Directors
Sr Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure 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 [with reference to proviso to regulation 17A(1) & 17A(2)] Number 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 Cessation Notes for not providing PAN Notes for not providing DIN
1 NA 11-02-2016 11-04-2023 60 1 0 0 0
2 NA 02-12-2015 11-04-2023 60 1 0 2 0
3 NA 07-12-2015 29-09-2021 60 1 0 1 0
4 NA 28-03-2006 31-07-2023 12 1 0 0 0
5 No 31-01-2015 31-01-2020 60 1 1 2 1
6 No 04-05-2020 31-12-2020 60 2 2 2 0
7 No 16-06-2022 29-09-2022 60 3 3 3 0
8 No 30-05-2023 08-08-2023 60 2 2 4 1
9 No 31-07-2023 08-08-2023 60 3 1 1 0
10 No 15-09-2018 15-09-2018 24-05-2024 0 0 0 0 0 Others


Text Block
Textual Information(1)
Ms. Megha Garg was appointed as member of Stakeholders' Relationship Committee w e f 25th May 2024


Mr. Narinder Singh, was reappointed on 31st July 2023 for a period of one year w e f 1st Jan 2024 till 31st Dec 2024.


Mr Prakash Bagla resigned from the Board and all the Board committees w e f close of business hours on 24th May 2024.



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory Textual Information(1)

Annexure 1 Text Block
Textual Information(1)
The Company had constituted IPO committee on 31st July 2023 . This committee was dissolved in the Board Meeting held on 8th June 2024


Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 10051618 RAJESWARI KARTHIGEYAN Non-Executive - Independent Director Chairperson 30-05-2023
2 01875848 RAVINDRA PISHARODY Non-Executive - Independent Director Member 16-06-2022
3 00211478 SATISH SEKHRI Non-Executive - Independent Director Member 04-11-2020
4 01399764 VIKAS GIYA Non-Executive - Independent Director Member 27-03-2015
5 01829082 ASHISH GARG Executive Director Member 27-03-2015
6 03043874 PRAKASH BAGLA Non-Executive - Nominee Director Member 29-09-2018 24-05-2024


Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00211478 SATISH SEKHRI Non-Executive - Independent Director Chairperson 04-11-2020
2 10051618 RAJESWARI KARTHIGEYAN Non-Executive - Independent Director Member 30-05-2023
3 01875848 RAVINDRA PISHARODY Non-Executive - Independent Director Member 16-06-2022
4 01399764 VIKAS GIYA Non-Executive - Independent Director Member 27-03-2015
5 03043874 PRAKASH BAGLA Non-Executive - Nominee Director Member 29-09-2018 24-05-2024


Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01399764 VIKAS GIYA Non-Executive - Independent Director Chairperson 25-05-2024 Textual Information(1)
2 01829082 ASHISH GARG Executive Director Member 31-07-2023
3 07352042 MEGHA GARG Executive Director Member 25-05-2024
4 03043874 PRAKASH BAGLA Non-Executive - Nominee Director Chairperson 31-07-2023 24-05-2024

Sr Text Block
Textual Information(1)
Mr. Vikas Giya, Independent Director ( who was a member of Stakeholders' Relationship Committee earlier) was appointed as Chairperson of Stakeholders' Relationship committee w.e.f.25th May 2024


Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01829082 ASHISH GARG Executive Director Chairperson 31-07-2023
2 10051618 RAJESWARI KARTHIGEYAN Non-Executive - Independent Director Member 31-07-2023
3 07352042 MEGHA GARG Executive Director Member 25-05-2024
4 03043874 PRAKASH BAGLA Non-Executive - Nominee Director Member 31-07-2023 24-05-2024


Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility Committee has a Regular Chairperson
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00393387 PARITOSH KUMAR Executive Director Chairperson 27-03-2015
2 01829082 ASHISH GARG Executive Director Member 27-03-2015
3 00211478 SATISH SEKHRI Non-Executive - Independent Director Member 04-11-2020
4 01875848 RAVINDRA PISHARODY Non-Executive - Independent Director Member 16-06-2022
5 03043874 PRAKASH BAGLA Non-Executive - Nominee Director Member 29-09-2018 24-05-2024


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 of directors explanatory
Sr Date(s) of meeting (if any) in the previous quarter Date(s) of meeting (if any) in the current quarter Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 09-02-2024 Yes 10 10 5
2 24-05-2024 104 Yes 10 9 4
3 08-06-2024 14 Yes 9 9 5



Annexure 1

IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(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 committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number 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)
1 Audit Committee 09-02-2024 Yes 6 6 4 0
2 Audit Committee 24-05-2024 104 Yes 6 5 3 0
3 Corporate Social Responsibility Committee 09-02-2024 Yes 5 5 2 0
4 Corporate Social Responsibility Committee 24-05-2024 104 Yes 5 5 2 0
5 Nomination and remuneration committee 24-05-2024 Yes 5 5 4 0
6 Risk Management Committee 09-02-2024 Yes 3 3 1 2



Annexure 1

IV. Meeting of Committees
Sr Name of Committee Date(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 committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number 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)
7 Risk Management Committee 29-03-2024 48 Yes 3 3 1 2
8 Stakeholders Relationship Committee 29-03-2024 Yes 3 3 1 0
9 Other Committee 29-03-2024 INDEPENDENT DIRECTOR'S COMMITTEE Yes 5 4 4 0



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 Yes
2 Whether shareholder approval obtained for material RPT NA
3 Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit Committee Yes


Annexure 1

VI. Affirmations
Sr Subject Compliance status (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 1000 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 in SEBI (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

Annexure 1
Sr Subject Compliance status
1 Name of signatory BINDU GARG
2 Designation Company 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 quarter No
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr. Date of the event Brief details of the event



Signatory Details
Name of signatory BINDU GARG
Designation of person Company Secretary and Compliance Officer
Place LUDHIANA
Date 09-07-2024