General information about company
Scrip code	530557
NSE Symbol
MSEI Symbol
ISIN	INE132F01020
Name of the entity	NCL RESEARCH & FINANCIAL SERVICES LTD
Date of start of financial year	01-04-2019
Date of end of financial year	31-03-2020
Reporting Quarter	Half Yearly
Date of Report	30-09-2019
Risk management committee	Not Applicable
Market Capitalisation as per immediate previous Financial Year	Any other

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
Wether 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	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 (Refer Regulation 17A(1) of Listing Regulations	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)	Notes for not providing PAN	Notes for not providing DIN
1	Mr	Goutam Bose	AQZPB5905C	02504803	Executive Director	Chairperson	CEO-MD	25-03-1981	26-11-2018				1	0	2	0
2	Mr	Laxmi Narayan Sharma	AJVPS7669F	00356855	Non-Executive - Independent Director	Not Applicable		11-08-1953	25-07-2009	20-09-2019		1	6	6	7	5
3	Mr	Puspa Devi Saraswat	ALXPS9503L	05165143	Non-Executive - Independent Director	Not Applicable		04-11-1955	27-03-2015			54	2	2	2	0
4	Mrs	Amita Bose	DDMPB1306N	08282967	Non-Executive - Independent Director	Not Applicable		18-12-1956	26-11-2018			10	2	2	2	0

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	00356855	Laxmi Narayan Sharma	Non-Executive - Independent Director	Chairperson	20-09-2019
2	08282967	Amita Bose	Non-Executive - Independent Director	Member	26-11-2018
3	02504803	Goutam Bose	Executive Director	Member	26-11-2018

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	00356855	Laxmi Narayan Sharma	Non-Executive - Independent Director	Chairperson	20-09-2019
2	08282967	Amita Bose	Non-Executive - Independent Director	Member	26-11-2018
3	05165143	Puspa Devi Saraswat	Non-Executive - Independent Director	Member	27-03-2015

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	00356855	Laxmi Narayan Sharma	Non-Executive - Independent Director	Chairperson	20-09-2019
2	08282967	Amita Bose	Non-Executive - Independent Director	Member	26-11-2018
3	02504803	Goutam Bose	Executive Director	Member	26-11-2018

Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson					No
Sr	DIN Number	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks

Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility Committee has a Regular Chairperson					No
Sr	DIN Number	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks

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)	Number of Directors present*	No. of Independent Directors attending the meeting*
1	25-05-2019				Yes	3	2
2		25-07-2019	60		Yes	3	2
3		13-09-2019	49		Yes	3	2
4		20-09-2019	6		Yes	3	2

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)	Number of Directors present*	No. of Independent Directors attending the meeting*
1	Audit Committee	25-05-2019				Yes
2	Audit Committee	13-09-2019	110			Yes	3	2
3	Audit Committee	20-09-2019	6			Yes	3	2
4	Nomination and remuneration committee	20-09-2019				Yes	3	3
5	Stakeholders Relationship Committee	11-07-2019				Yes	3	2

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 500 listed entities)	NA
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	Goutam Bose
2	Designation	Managing Director

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)	Yes
5	Whether “Corporate Governance Report” disclosed in Annual Report	34(3) read with para C of Schedule V	Yes
Any other information to be provided

Annexure III
1	Name of signatory	Goutam Bose
2	Designation	Managing Director

Signatory Details
Name of signatory	Goutam Bose
Designation of person	Managing Director
Place	Mumbai
Date	11-10-2019