General information about company

Scrip code500680
NSE SymbolPFIZER
MSEI SymbolNA
ISININE182A01018
Name of the entityPFIZER LIMITED
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Reporting QuarterHalf Yearly
Date of Report30-09-2020
Risk management committeeApplicable
Market Capitalisation as per immediate previous Financial YearTop 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 explanatoryTextual Information(1)
Wether the listed entity has a Regular ChairpersonYes
Whether Chairperson is related to MD or CEONo
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether 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)Notes for not providing PANNotes for not providing DIN
1MrR. A. ShahABIPS1839C00009851Non-Executive - Independent DirectorChairperson07-07-1931Yes06-09-201809-11-196510-11-2019714231
2MrPradip ShahAAEPS0592F00066242Non-Executive - Independent DirectorNot Applicable07-01-1953NA07-12-199910-11-2019717773
3MrUday KhannaAFEPK7061E00079129Non-Executive - Independent DirectorNot Applicable01-12-1949NA21-05-201210-11-2019714453
4MrSunil LalbhaiAAFPL0691R00045590Non-Executive - Independent DirectorNot Applicable15-03-1960NA14-02-201514-02-2020685341



I. Composition of Board of Directors

Disclosure of notes on composition of board of directors explanatory

Wether the listed entity has a Regular Chairperson

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of BirthWhether 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)Notes for not providing PANNotes for not providing DIN
5MsMeena GaneshABPPG1456L00528252Non-Executive - Independent DirectorNot Applicable31-08-1963NA08-03-201908-03-2019193300
6MrS. SridharAAHPS2626R05162648Executive DirectorNot Applicable21-07-1967NA14-05-201318-03-201601010
7MrMilind PatilAAEPP3949B02546815Executive DirectorNot Applicable01-11-1963NA14-11-201814-11-201801000
8MrSamir KaziAJSPK0243Q07184083Executive DirectorNot Applicable14-09-1975NA14-02-202014-02-202001010



Text Block

Textual Information(1)

i.   Mr. R. A. Shah, Mr. Pradip Shah and Mr. Uday Khanna were re-appointed as Independent Directors with effect from November 10, 2019, for an additional term of 5 years.

 ii.   Mr. Sunil Lalbhai was re-appointed as Independent Director with effect from February 14, 2020, for an additional term of 5 years.

 iii.   Ms. Meena Ganesh was appointed as an Independent Director with effect from March 8, 2019, for a term of 5 years.





Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100009851R. A. ShahNon-Executive - Independent DirectorChairperson10-11-2014
200066242Pradip ShahNon-Executive - Independent DirectorMember10-11-2014
300079129Uday KhannaNon-Executive - Independent DirectorMember10-11-2014
405162648S. SridharExecutive DirectorMember06-05-2016


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100066242Pradip ShahNon-Executive - Independent DirectorChairperson10-11-2014
200009851R. A. ShahNon-Executive - Independent DirectorMember10-11-2014
300079129Uday KhannaNon-Executive - Independent DirectorMember10-11-2014


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100079129Uday KhannaNon-Executive - Independent DirectorChairperson10-11-2014
200045590Sunil LalbhaiNon-Executive - Independent DirectorMember14-02-2015
307184083Samir KaziExecutive DirectorMember14-02-2020


Risk Management Committee

Whether the Risk Management Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100045590Sunil LalbhaiNon-Executive - Independent DirectorChairperson30-03-2019
200528252Meena GaneshNon-Executive - Independent DirectorMember30-03-2019
305162648S. SridharExecutive DirectorMember30-03-2019
402546815Milind PatilExecutive DirectorMember30-03-2019
599999999Navin SinghaniaMemberMember30-03-2019


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
100066242Pradip ShahNon-Executive - Independent DirectorChairperson10-11-2014
207184083Samir KaziExecutive DirectorMember14-02-2020
305162648S. SridharExecutive DirectorMember10-11-2014
402546815Milind PatilExecutive DirectorMember14-11-2018


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks
105162648S. SridharBOARD ADMINISTRATIVE & SHARE TRANSFER COMMITTEEExecutive DirectorChairperson
207184083Samir KaziBOARD ADMINISTRATIVE & SHARE TRANSFER COMMITTEEExecutive DirectorMember
302546815Milind PatilBOARD ADMINISTRATIVE & SHARE TRANSFER COMMITTEEExecutive DirectorMember

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Disclosure of notes on meeting of board of directors explanatory
SrDate(s) of meeting (if any) in the previous quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Number of Directors present*No. of Independent Directors attending the meeting*
115-06-2020Yes85
227-07-202041Yes74



Annexure 1

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)Number of Directors present*No. of Independent Directors attending the meeting*
1Audit Committee15-06-2020Yes43
2Audit Committee27-07-202041Yes32



Annexure 1

V. Related Party Transactions

SrSubjectCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Whether prior approval of audit committee obtainedYes
2Whether shareholder approval obtained for material RPTYes
3Whether details of RPT entered into pursuant to omnibus approval have been reviewed by Audit CommitteeYes
Disclosure of notes of material transaction with related partyTextual Information(1)


Text Block

Textual Information(1)

Particulars

Details

Name of the Related Party

1. Pfizer Innovative Supply Point Intl BVBA, Belgium

 

2. Pfizer Service Company BVBA, Belgium

Relation with the Company

The Company and the related parties are indirect subsidiaries of Pfizer Inc., USA.

Nature / Description of Transactions

Import of active pharmaceutical ingredients, raw materials and finished products on arms length basis and in ordinary course of business

Amount of Transactions for the quarter ended September 2020

1. Pfizer Innovative Supply Point Intl BVBA, Belgium  INR 8.35 crore

 

2. Pfizer Service Company BVBA,

Belgium INR 73.36 crore

 

Period

July 1, 2020 to September 30, 2020




Annexure 1

VI. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015Yes
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The 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)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.Yes
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.Yes
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.Yes

Annexure 1

SrSubjectCompliance status
1Name of signatoryPRAJEET NAIR
2DesignationCompany Secretary



Text Block




Annexure III

III. Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, business responsibility report displayed on website46(2)Yes
2Presence of Chairperson of Audit Committee at the Annual General Meeting18(1)(d)NoMr. R. A. Shah, Chairperson of Audit Committee had expressed his inability to attend the 69th Annual General Meeting due to certain personal reasons. Mr. R. A. Shah authorized Mr. Pradip Shah, Member of the Audit Committee to represent him as the Chairman of the Audit Committee at the 69th Annual General Meeting held on September 4, 2020.
3Presence of Chairperson of the nomination and remuneration committee at the annual general meeting19(3)Yes
4Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting20(3) Yes
5Whether “Corporate Governance Report” disclosed in Annual Report34(3) read with para C of Schedule VYes
Any other information to be provided




Annexure III

1Name of signatoryPRAJEET NAIR
2DesignationCompany Secretary



Signatory Details

Name of signatoryPRAJEET NAIR
Designation of personCompany Secretary
PlaceMUMBAI
Date14-10-2020