General information about company
Scrip code	539113
NSE Symbol
MSEI Symbol
ISIN	INE291E01019
Name of the entity	Paul Merchants Limited
Date of start of financial year	01-04-2023
Date of end of financial year	31-03-2024
Reporting Quarter	Quarterly
Date of Report	31-12-2023
Risk management committee	Not Applicable
Market Capitalisation as per immediate previous Financial Year	Top 2000 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

Whether the listed entity has a Regular Chairperson

Yes

Whether Chairperson is related to MD or CEO

Yes

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of Birth

1

Mr

SAT PAUL BANSAL

ABEPB7985N

00077499

Non-Executive - Non Independent Director

Chairperson

22-07-1947

2

Mr

RAJNEESH BANSAL

ABEPB7983L

00077230

Executive Director

Not Applicable

MD

27-07-1974

3

Mrs

SARITA RANI BANSAL

ABEPB7986R

00094504

Non-Executive - Non Independent Director

Not Applicable

08-01-1948

4

Mr

RITESH VAID

ACLPV9058Q

09433856

Executive Director

Not Applicable

15-11-1976

5

Mr

D S SIDHU

AVWPS6622D

05210193

Non-Executive - Independent Director

Not Applicable

15-04-1946

6

Mr

VIGYAN ARORA

ABIPA6699J

00806647

Non-Executive - Independent Director

Not Applicable

19-11-1969

7

Mr

AJAY ARORA

ADSPA8498H

00314161

Non-Executive - Independent Director

Not Applicable

27-07-1960

8

Mr

INDER SAIN NEGI

AAGPN9708G

08947230

Non-Executive - Independent Director

Not Applicable

25-11-1956

9

Mr

JEEWAN LAL NEGI

AAIPN5783F

09166359

Non-Executive - Independent Director

Not Applicable

04-03-1961

I. Composition of Board of Directors

Disqualification of Directors under section 164 of the Companies Act, 2013

SrWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent 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)		Notes for not providing PAN		Notes for not providing DIN
1		Yes		29-09-2021		08-06-2021		29-09-2022						1		0		1		0
2		NA				27-02-1999		01-09-2020						1		0		3		0
3		Yes		29-09-2022		31-01-2012		29-09-2022						1		0		0		0
4		NA				10-02-2022		29-09-2023						1		0		0		0
5		Yes		30-09-2019		26-09-2014		01-10-2019				111.05		1		1		1		0
6		NA				26-09-2014		01-10-2019				111.05		1		1		4		2
7		NA				27-05-2014		01-10-2019				115.04		2		2		3		1
8		NA				12-11-2020		12-11-2020				37.19		1		1		0		0
9		NA				08-06-2021		08-06-2021		27-12-2023		30.23		1		1		0		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	00806647	VIGYAN ARORA	Non-Executive - Independent Director	Chairperson	06-04-2010		Textual Information(1)
2	00314161	AJAY ARORA	Non-Executive - Independent Director	Member	22-05-2015
3	05210193	D S SIDHU	Non-Executive - Independent Director	Member	26-02-2012

Sr Text Block
Textual Information(1)	Mr. Vigyan Arora, Non Executive Independent Director became Chairman of the Audit Committee w.e.f 22.05.2015

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	05210193	D S SIDHU	Non-Executive - Independent Director	Chairperson	27-05-2014
2	00806647	VIGYAN ARORA	Non-Executive - Independent Director	Member	31-10-2021
3	08947230	INDER SAIN NEGI	Non-Executive - Independent Director	Member	01-07-2021

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	00806647	VIGYAN ARORA	Non-Executive - Independent Director	Chairperson	06-04-2010		Textual Information(1)
2	00077230	RAJNEESH BANSAL	Executive Director	Member	06-04-2010
3	00077499	SAT PAUL BANSAL	Non-Executive - Non Independent Director	Member	01-07-2021

Sr Text Block

Textual Information(1)

1. The Company formulated Shareholder Grevience Committee as per Clause 49 of the then prevailing Listing Agreement, in the Board meeting held on 06.04.2010 and later, renamed the said Committee as Stakeholders Relationship Committee in the Board Meeting held on 25.10.2014.

2. Mr. Vigyan Arora, Non executive Independent Director became Chairman of Stakeholders Relationship Committee w.e.f 25.10.2014

Risk Management Committee
Whether the Risk Management 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

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

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	11-08-2023				Yes	9	7	3
2		09-11-2023	89		Yes	9	8	4
3		20-12-2023	40		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	10-08-2023				Yes	3	2	2	0
2	Audit Committee	08-11-2023	89			Yes	3	3	3	0
3	Nomination and remuneration committee	22-07-2023				Yes	3	3	3	0
4	Nomination and remuneration committee	08-11-2023	108			Yes	3	3	3	0
5	Stakeholders Relationship Committee	21-07-2023				Yes	3	3	1	0
6	Stakeholders Relationship Committee	21-10-2023	91			Yes	3	3	1	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
Disclosure of notes on related party transactions			Textual Information(1)

Text Block

Textual Information(1)

Payment of Remuneration to Mr. Rajneesh Bansal, Managing Director.

Payment of Remuneration to Mr. Ritesh Vaid, Designated Whole Time Director.

Payment of Remuneration to Mr. Hardam Singh, Company Secretary.

Recovery of Monthly installments in respect of Cost of Car provided to Mr. Hardam Singh, Company Secretary

Payment of Remuneration to Mr. Rajesh Garg, Chief Financial Officer

Payment of Remuneration of Mr. Naveen Laroiya, Chief Financial Officer

Payment of Rent to Mr. Rajneesh Bansal, Managing Director

Receipt of Rent from M/s Paul E Commerce Private Limited, a company in which relatives of Director are Directors.

Sale of Travel Products to Mr. Rajneesh Bansal, Managing Director

Sale of Travel Products to Mr. Ritesh Vaid, Designated Whole Time Director

Sale of Travel Products to Mrs. Aastha Bansal, relative of Directors of Company.

Sale of Forex to Mr. Ritesh Vaid, Designated Whole Time Director

Sale of Forex to Bosna Digital Entertainment Private Limited, Private Company in which Relative of Directors is Director and Shareholder

Sale of Forex to Sonali Bansal, Relative of Director

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)	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	HARDAM SINGH
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

Signatory Details
Name of signatory	HARDAM SINGH
Designation of person	Company Secretary and Compliance Officer
Place	CHANDIGARH
Date	17-01-2024