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AuSom Enterprise Limited AGM Information 2021
60697_rns_2021-09-29_f3a7b835-c9fe-48b2-a82a-efac3bf31f99.pdf
AGM Information
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Ref No.: - AEL/SEC/STOCK/2021-2022 Date: 29th September, 2021
To, The Manager, DCS-CRD Corporate Relationship Department, BSE Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai- 400 001
To,
The Listing Department, 5th Floor, National Stock Exchange of India Limited, "Exchange Plaza", Bandra-Kurla Complex, Bandra (East), Mumbai-400 051.
SECURITY CODE: 50900911 SECURITY ID: AUSOMENT 11 ISIN: INE218C0101611 SERIES: EQ
Sub: - Outcome of the 37th Annual General Meeting Ref: Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
With reference to the subject mentioned above and in continuation to our previous letter, we would like to inform you that the 37th Annual General Meeting (`AGM') of the members of the Company was held today i.e. 29th September, 2021 through Video Conference at 01:00 P.M. and has considered the business as mentioned in the notice conveying the said AGM.
The following information for your kind consideration and further action:
- The proceeding of the AGM, dated 29th September, 2021.
You are requested to kindly take the same on records and acknowledge.
Thanking you, For, AuSom Enterprise Limited
P
Ravikumar Pasi Company Secretary & Compliance Officer
Correspondence Address 606 "SWAGAT", Near Lal Bungalow, C.G.Road, Ahmedabad-380 006. Phone : +91 79 2642 1422-1499 Fax +91 79 2656 9898 E-mail : [email protected] www.ausom.in
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Registered Office : 11-B, New Ahmedabad Industrial Estate, Sarkhej-Bavla Road, Village - Moraiya - 382 213 Dist. Ahmedabad, Gujarat, INDIA • CIN : L67190G11984PLC006746
AuSom Enterprise Limited
PROCEEDINGS OF THE 37111 ANNUAL GENERAL MEETING OF THE MEMBERS OF THE COMPANY HELD ON WEDNESDAY, THE 29TH SEPTEMBER, 2021 THROUGH VIDEO CONFERENCE (VC), IN COMPLIANCE WITH THE MCA CIRCULAR NO. 20/2020 DATED 5TH MAY, 2020 READ WITH CIRCULAR NOS. 14/2020 DATED 8TH APRIL, 2020, 17/2020 DATED 13TH APRIL, 2020 AND 02/2021 DATED 13TH JANUARY, 2021 AND SEBI CIRCULAR NO. SEBI/HO/CFD/CMD1/CIR/P/2020/79 DATED 12TH MAY, 2020 AND CIRCULAR NO. SEBI/HO/CFD/CMD2/CIR/P/2021/11 DATED 15TH JANUARY, 2021, AT 01:00 P.M. AND CONCLUDED AT 01:11 P.M. ON THE SAME DAY.
DIRECTORS PRESENT THROUGH VC:
| 1. Mr. Kishor P. Mandalia | |||||
|---|---|---|---|---|---|
| -- | -- | -- | -- | --------------------------- | -- |
-
- Mr. Vipul Z. Mandalia
-
- Mr. Ghanshyambhai B. Akbari
-
- Mr. Hitesh Adeshara
OTHER PARTICIPANTS THROUGH VC:
- ➢ Mr. Rupesh H. Shah ➢ Mr. Ravikumar Pasi ➢ Mr. Niraj R. Trivedi - Chief Financial Officer - Company Secretary - Secretarial Auditor
- Mr. Hemang Patel
Total 35 members joined the meeting through VC.
Mr. Kishor P. Mandalia was appointed as Chairman of the meeting. The Chairman then confirmed the presence of requisite quorum for the meeting and called the meeting in order. The Chairman introduced the Directors and Auditor present at the meeting. He also informed that Mr. Zaverilal V. Mandalia and Mrs. Nirupama H. Vaghjiani, Directors of the Company could not remain present at the meeting due to some unavoidable circumstances.
Thereafter, with the permission of the members present, the Notice convening the 37th Annual General Meeting along with the Directors' Report, Report on Corporate Governance and Management Discussion & Analysis, were taken as read. Since there were no qualifications, observations or comments in the Auditor's Report including Secretarial Auditor's Report, on the Financial Statement of the Company for the Financial Year ended 31st March, 2021, the same was not required to be read at the Meeting.
The Chairman there after briefed the members about the company's last year performance and also updated about the commencement of the 9MW Salun Hydro Electric Power Project of M/s. Swadeshi Distributors LLP (a Joint Venture in which Ausom Enterprise Limited is holding 80% stake) Located at Salun at Village Heiling, Tehsil Bharmour, District Chamba, Himachal Pradesh and also updated about the Refinery Unit going to established by IGR AUSOM LLP (a Joint Venture in which Ausom Enterprise Limited is holding 50% stake) at Ahmedabad.
Correspondence Address 606 "SWAGAT", Near Lal Bungalow, C.G.Road, Ahmedabad-380 006. Phone : +91 79 2642 1422-1499 Fax : +91 79 2656 9898 E-mail : [email protected] www.ausom.in
...Page 2 of 3... o Registered Office : 1 I -B, New Ahmedabad Industrial Estate. Sarkhej-Bavla Road, Village - Moraiya - 382 213 Dist. Ahmedabad, Gujarat, INDIA • CIN : L67190G11984PLC006746
Managing Director
- Director
- Independent Director
- Independent Director
- Statutory Auditor
AuSom Enterprise Limited
Thereafter, the Company Secretary informed to all the members that the Company has provided the e-voting facility to its members for passing of the Resolutions as contained in the Notice. The said facility of e-voting commenced on 26th September, 2021 at 9.00 AM and concluded on 28th September, 2021 at 5.00 PM. He also stated that, the facility of e-voting though VC has also been provided by the Company, in addition to remote e-voting, during the General Meeting, to the members who are present and have not casted their votes through remote e-voting.
The Company Secretary informed to the members that the following resolutions are put to vote by e-voting.
| Item i | Resolution | ||
|---|---|---|---|
| No. | |||
| Ordinary Business | |||
| 1 | Adoption of Audited Financial Statements (including Consolidated Financial | ||
| Statements) of the Company for the financial year ended 31st March, 2021, | |||
| the Statement of Profit and Loss for the year ended on that date together | |||
| with the Report of the Board of Directors' and Auditors thereon(Ordinary | |||
| Resolution) | |||
| 2 | Considered the interim dividend of Rs. 0.50/- per equity share of Rs. 10/- | ||
| each of the company and consider the same as final dividend for the | |||
| financial year ended on 31st March 2021 (Ordinary Resolution) | |||
| 3 | Re-appointment of Mr. Zaverilal V. Mandalia (DIN: 00133262), who retires | ||
| by Rotation (Ordinary Resolution) | |||
| Special Business | |||
| 4 | Continuation of appointment of Mr. Zaverilal V. Mandalia as an Non | ||
| Executive Director (Special Resolution) |
The members were informed that the votes casted by remote e-voting and E-voting at AGM conducted through VC shall be counted by the Scrutinizer and the result shall be declared within two working days of the conclusion of the AGM. The members were further informed that the report of Scrutinizer along with Result to be declared by the Chairman shall be placed on the company's website & Company's notice board as well as CDSL's website and also to be sent to BSE and NSE.
The Meeting was concluded with thanks giving note to all the members, Board Members and auditor for attending and participation the Meeting. The E-voting facility was kept open for the next 20 (twenty) minutes to enable the members to cast their vote.
Accordingly, the meeting was concluded at 01.11 P.M.
Thanking you, For, AuSom Enterprise Limited
SA; - P • P
Ravikumar Pasi Company Secretary &: Compliance Officer
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Correspondence Address 606 "SWAGAT", Near Lal Bungalow, C.G.Road, Ahmedabad-380 006. Phone : +91 79 2642 1422-1499 Fax : +91 79 2656 9898 E-mail : [email protected] www.ausom.in
Registered Office : 11-B, New Ahmedabad Industrial Estate. Sarkhej-Bavla Road. Village - Moraiya - 382 213 Dist. Ahmedabad. Gujarat, INDIA • CIN : L67190G11984PLC006746