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Bharat Wire Ropes Limited AGM Information 2021
60998_rns_2021-08-23_49ce47a7-15c8-4136-bedb-7f02c22e37ea.pdf
AGM Information
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Ref.: BWRL /2021-22/SE/Misc./08
To, National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai — 400051 NSE Symbol - BHARATWIRE
BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400001 BSE Scrip Code: 539799
Dear Sir/Madam,
Subject: Outcome of 35°" Annual General Meeting held on August 23, 2021.
Pursuant to Regulation 30 read with Schedule III (13) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Proceedings of the Thirty-Fifth Annual General Meeting (AGM) of the members of the Company held on Monday, August 23, 2021 at 11:00 A.M. through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM").
You are requested to kindly take the same on record.
Thanking You
Yours faithfully
For Bharat Wire Ropes Limited
Govinda Soni Company Secretary &Gempfiance Officer Membership No.: ACS 38908 SSN ay o5~*6
El Bh UMBAU wumean®
Epide: nS BE ON
Date: August 23, 2021 Place: Mumbai
Encl: As above
SB Marg, Lower Parel (W), Mumbai - 400013, Maharashtra, India. Tel: +91 22 66824600 A- 701, Trade World Bidg., Kamala Mills,
Factory: Plot No-1&4, Atgaon industrial Complex, Mumbai-Nasik Highway, Atgaon (East), Taluka-Shahpur, Dist.-Thane- 421601, Maharashtra, India. Tel No,: +91 2527 240123/240124/240197 Maharashtra, india
Registered Office & Factory: Plot No.4, MIDC, Chalisgaon, Village Khadki ~ BK, Taluka Chalisgaon, " District Jalgaon - 424 101,
© Website: www.bharatwireropes.com « E-mail: [email protected] ® CIN : L27200MH1986PLC040468
PROCEEDINGS OF THE 35" ANNUAL GENERAL MEETING (AGM) OF THE MEMBERS OF BHARAT WIRE ROPES LIMITED
The 35" Annual General Meeting ("AGM") of the Members of the Company was held on Monday, August 23, 2021 at 11:00 A.M. through Video Conferencing ("WC")/Other Audio Visual Means ("OAVM").
The meeting commenced at 11.00 A.M. and concluded at 11:36 A.M.
Total 32 members attended AGM through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM"),
The Company Secretary, Mr. Govinda Soni extended a very warm welcome to the shareholders of the Company present at the 35" Annual General Meeting.
He then called upon the directors for confirming their presence and location from where they were participating the meeting. The Directors/KMP confirmed their attendance and location.
The representative of the Statutory Auditors - M/s. NGS and Co. LLP, Internal Auditor - M/s. Borkar & Muzumdar, Cost Accountant - M/s. Dilip Bathija, and M/s. Mihen Halani and Associates, Secretarial Auditor and Scrutinizer were also present in the meeting.
The Company Secretary further informed the members that the Statutory Registers were open for inspection. He stated that the Company had received authorizations and board resolutions from Corporates for 2,78,20,486 Equity Shares representing 44.46% of the paid up equity share capital of the Company.
Mr. Murarilal Mittal, Managing Director of the Company, occupied the Chair and presided over the meeting as chairman of the AGM.
The Chairman welcomed all the members and confirmed that the quorum was present and called the meeting to order. He further requested the Company Secretary to make the necessary announcements.
The Company Secretary informed the members that this Annual General Meeting was conducted through Video Conferencing ("WC")/Other Audio Visual Means ("OAVM") without any physical presence of members in accordance with the applicable circular issued by Ministry of Corporate Affairs and SEBI. All the shareholders have been kept on mute. Only those shareholders who have registered themselves as speaker shareholders will be unmute & allowed to speak and participate in the discussions on the items of business once the Chairman will invite them.
A- 701, Trade World Bidg., Kamala Mills, | Plot No-1&4, Atgaon Industrial Complex, | Plot No.4, MIDC, Chalisgaon, SB Marg, Lower Parel (W), | Mumbai-Nasik Highway, Atgaon (East), Village Khadki— BK, Taluka Chalisgaon, Mumbai - 400013, Maharashtra, India. | Taluka-Shahpur, Dist.-Thane- 421601, | District Jalgaon - 424 401, Maharashtra, india, | t ' Tel: +91 22 66824600 Tel No. #913527 240123/240124/240197 Maharashtra, India
Corporate Office: Factory: Registered Office & Factory:
* Website: www. bharatwireropes.com ¢ E-mail: [email protected] © CIN : L27200MH1S986PLC040468
Re
| He further informed that the Company had provided remote E-voting facility through KFintechto all the Shareholders to cast their vote electronically on all the resolutions set out in the noticeconvening the meeting. | ||
|---|---|---|
| Remote E-voting facility was open from 9:00 A.M. (IST) on Thursday, August 19, 2021 upto5:00 P.M. (IST) on Sunday, August 22, 2021. | ||
| Mr. Mihen Halani & Associates, Practicing Company Secretaries was appointed as Scrutinizerfor remote E-voting & E-voting process at the AGM. He then requested the Chairman to give abrief highlights of the performance of the Company for Financial Year 2020-2021. | ||
| as read. | He also stated that notice of Annual General Meeting and Annual Report for the Financial Year2020-2021 were already been circulated and with the permission of members the same was taken | |
| HeAuditorsthereof taken | commentsobservationswerequalifications,furtherstatedtherenoorinof members,WithpermissionReport.report including theauditorsthethankedHecustomers,of stakeholders,eachonedealers,read.asbankers, auditors and employees for their faith in the Company.The Company Secretary then took up the Ordinary and Special business items as set out in thenotice convening the AGM for member's consideration and approval, as under: | StatutorytheAnnexuresupplier's |
| 1 | To receive, consider and adopt the Standalone Audited Financial Statements of the OrdinaryCompany for the financial year ended March 31, 2021 together with Reports of the ResolutionBoard of Directors' and Auditor's thereon. | |
| 2 | 07159227), Non- OrdinaryRuhi(DIN:To appoint a Director in placeof Ms.MittalExecutive & Non- Independent Director, who retires by rotation in terms of Section Resolution152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment. | |
| 3 | To Ratify the remuneration payable to M/s. Dilip M. Bathija (Firm Registration OrdinaryNo. 100106), Cost Auditor of the Company for FY2021-22. | Resolution |
| 4 | Venkateswararao SpecialRe-AppointmentConsiderapproveMr.ToandtheofKandikuppa (DIN: 06456698) as Whole-Time Director of the Company. | Resolution |
| 5 | To consider and approve the Re-Appointment of Mr. Sumit Kumar Modak (DIN: Special00983527) as Whole- Time Director of the Company | Resolution |
| He then invited some members who has registered as speakers; put forth their queries, comments & views onthe Annual Report. The Managing Director responded to their queries and provided clarification.Corporate Office:Factory:Registered Office & Factory:A- 701, Trade World Bidg., Kamala Mills,Plot No-184, Atgaon industrial Complex,Plot No.4, MIDC, Chalisgaon,Mumbai-Nasik Highway, Atgaon (East),SB Marg, Lower Parel (W), _ Village Khadki ~ BK, Taluka Chalisgaon,Talula Stahl, Disethane: 421601,Mumbai - 400013, Maharashtra, india.District Jalgaon - 424 104,Tol Now #91 9557 240123/240124/2a0197Tel: 491 22 66824600Maharashtra, india* Website: www.bharatwireropes.com ¢ E-mail: [email protected] ® CIN : L27200MH1986PLC040468 |
voting process, which will be kept open for next 15 minutes, to enable the Shareholders to cast their vote. He thanked the Members for attending and participating in the meeting and requested the members to vote.
The results of the remote E-voting & E-voting at the 35" AGM together with the report of the scrutinizer will be disclosed to the Stock exchanges and will be displayed on the website of the company.
The Scrutinizer report is received on August 23, 2021 and set out there in all the said resolutions were declared as passed with requisite/special majority.
This document does not constitute minutes of the proceedings of Annual General Meeting of the Company.
For Bharat Wire Ropes Limited
Company Secretary & Compliance Officer Membership No.: ACS 38908 Place: Mumbai
Corporate Office: Factory: Registered Office & Factory:
A- 701, Trade World Bidg., Kamala Mills, Plot No-1&4, Atgaon industrial Complex, Plot No.4, MIDC, Chalisgaon, SB Marg, Lower Parel (W), | Mumbai-Nasik Highway, Atgaon (East), Village Khadki— BK, Taluka Chalisgaon, Mumbai - 400013, Maharashtra, india Falula shabnuc Distcthane: 421604, | District Jalgaon - 424 101, Tel: +91 22 66824600 Tel No. +91 2527 240123/240124/240197 Maharashtra, India
« Website: www.bharatwireropes.com @ E-mail: [email protected] & CIN : L27200MH1986PLC040468