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 Half Yearly
Date of Report 30-09-2024
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

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

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 1 0 0 0
2 NA 02-12-2015 11-04-2023 1 0 2 0
3 NA 07-12-2015 29-09-2021 1 0 1 0
4 NA 28-03-2006 31-07-2023 1 0 0 0
5 No 31-01-2015 31-01-2020 60 1 1 2 1
6 Yes 29-07-2024 04-05-2020 04-05-2020 60 1 1 2 0
7 No 16-06-2022 16-06-2022 60 3 3 3 0
8 No 30-05-2023 30-05-2023 60 2 2 4 1
9 No 31-07-2023 31-07-2023 60 3 1 1 0


Text Block
Textual Information(1)
Mr. Narinder Singh, was reappointed on 31st July 2023 for a period of one year with effect from 1st Jan 2024 till 31st Dec 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 Textual Information(1)
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

Sr Text Block
Textual Information(1)
Ms. Rajeswari Karthigeyan was appointed as member of Audit committee on 30th May 2023 but was made permanent chairperson of Audit Committee with effect from 31st July 2023


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 Textual Information(1)
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

Sr Text Block
Textual Information(1)
Mr. Satish Sekhri was appointed as member of NR committee on 4th November 2020 but was made permanent chairperson of NR Committee with effect from 31st July 2023


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 31-07-2023 Textual Information(1)
2 01829082 ASHISH GARG Executive Director Member 31-07-2023
3 07352042 MEGHA GARG Executive Director Member 25-05-2024

Sr Text Block
Textual Information(1)
Mr. Vikas Giya, Independent Director ( who was a member of Stakeholders' Relationship Committee with effect from 31-07-2023) 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


Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility 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 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


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 24-05-2024 Yes 10 9 4
2 08-06-2024 14 Yes 9 9 5
3 07-08-2024 59 Yes 9 8 4



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 24-05-2024 Yes 6 5 3 0
2 Audit Committee 07-08-2024 74 Yes 5 5 4 0
3 Risk Management Committee 07-08-2024 Yes 3 3 1 2
4 Nomination and remuneration committee 24-05-2024 Yes 5 5 4 0
5 Corporate Social Responsibility Committee 24-05-2024 Yes 5 5 2 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



Annexure III

III. Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is “No” details of non-compliance may be given here.
1 Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website 46(2) Yes
2 Presence of Chairperson of Audit Committee at the Annual General Meeting 18(1)(d) Yes
3 Presence of Chairperson of the nomination and remuneration committee at the annual general meeting 19(3) Yes
4 Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting 20(3) No The chairperson and other members of Stakeholders Relationship Committee authorised Mr. Ashish Garg, member of Stakeholders Relationship Committee to attend the queries as the Chairperson could not join the AGM.
5 Disclosure of the Secretarial Audit Report of the listed entity and the material subsidiaries in the Annual Report 24A(1) Yes
6 Submission of Annual Secretarial Compliance Report 24A(2) Yes
7 Whether “Corporate Governance Report” disclosed in Annual Report 34(3) read with para C of Schedule V Yes
6




Annexure III
1 Name of signatory BINDU GARG
2 Designation Company Secretary and Compliance Officer




Additional Half yearly Disclosure
Applicability of disclosure Applicable
Reason for Non Applicability Textual Information(1)

I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 0 0

(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0

(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(D) Additional Information Textual Information(2)

II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes Textual Information(3)
Name PANKAJ KUMAR GOYAL
Designation CFO
Place LUDHIANA
Date 18-10-2024

Text Block
Textual Information(3)
There was no transaction falling under any of the above categories , so the related complainces were NIL. There was no option of NA , so mentioned "yes" in the space provided and this note is for the clarification .




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 18-10-2024