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DCW Ltd. AGM Information 2021
63614_rns_2021-09-28_0ed705bc-4a7a-49ff-a852-56edb98b7698.pdf
AGM Information
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| DCWLIMITEDTo,National Stock Exchange of India Ltd.The BSE LimitedExchange Plaza Bldg.Department of Corporate Services,1st floor, New Trading Ring5! Floor, Plot No.C-1'G' Block, Near Wockhardt,Rotunda Building,Bandra Kurla ComplexPhiroze Jeejeebhoy Towers,Mumbai 400 051.Dalal Street, Mumbai- 400 001.Fax:26598237/38Fax: 22723121 /3719/ 2037/2039Symbol: DCWScrip Code: 500117Sub: Proceedings of 82"¢ Annual General Meeting ("AGM") of the Company heldon September 27, 2021 - Regulation 30 of SEBI Listing Obligations and DisclosureRequirements) Regulations, 2015 ("Listing Regulations")Pursuant to Regulation 30 read with Para A of Part A of Schedule IIT of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), pleasefind enclosed herewith the summary of the proceedingsof theMeeting of the Company held on September 27, 2021 and marked as Annexure - Aaboveinformation,Theyourrecordsandreference.Pleasenotethatforisdocument doesnot constitute minutesof the proceedingsof theMeeting of the Company.aThanking You,ain.Yours faithfully,For DCW Limite<br> a!beO-59 | ||
|---|---|---|
| September 28, 2021 | ||
| 82.4 Annual GeneralthisAnnual General | ||
| PaiipSr. General Manager (Legal) & Company SecretaryMembership No. ACS-22527 | ||
| Se |
Yours faithfully, a ain. For DCW Limite \ | a! be O-59 Se
DCW LIMITED
HEAD OFFICE : ""NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAI-400 021. TEL.: 2287 1914, 2287 1916, 2202 0743 TELEFAX: 22 2202 8838 REGISTERED OFFICE : DHRANGADHRA - 363 315 (GUJRAT STATE) Email: [email protected], Website: www.dcwltd.com, CIN-L24110GJ1939PLC000748
Annexure - A
Summary of the proceedings of the 82"4 Annual General Meeting conducted through Video Conferring (VC)
The 82-4 Annual General Meeting ("AGM") of DCW Limited ("the Company") was held on Monday, September 27, 2021 through Video Conference (VC). The Meeting commenced at 12:00 noon (IST).
In view of the Covid-19 pandemic and social distancing norms, the AGM was held through VC in compliance with the circulars issued by the Ministry of Corporate Affairs ("MCA"), and the Securities and Exchange Board of India ("SEBI'").
Mr. Pramod Kumar Jain, Chairman of the Board, chaired the meeting and welcomed the Members present at the 82"4 AGM of the Company.
He then with profound sadness and grief informed the Members of the Company about demise of Dr. Shashi Chand Jain, Chairman Emeritus, Mrs. Satyawati Gyanchand Jain, Promoter and Mr. D. Ganapathy, Ex-Independent Director of the Company.
The Chairman after ascertaining that the requisite quorum was present, called the Meeting to order.
He then informed that all the Members of the Board including Mrs. Sujata Rangnekar, the Chairperson of the Audit Committee and Nomination and Remuneration Committee and Mr. Krishnamoorthy Krishnan, the Chairman of Stakeholders' Relationship Committee were present at the Meeting. The representatives of the Statutory Auditors and Secretarial Auditors were also present at the Meeting.
The Chairman informed the Members that the Register of Directors and Key Managerial Personnel and their shareholdings, the Memorandum and Articles of Association of the Company and other statutory registers and documents required to be kept at the AGM and as mentioned in the Notice of the AGM were kept available
DCW LIMITED HEAD OFFICE : "NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAI-400 021. TEL.: 2287 1914, 2287 1916, 2202 0743 TELEFAX: 22 2202 8838 REGISTERED OFFICE : DHRANGADHRA - 363 315 (GUJRAT STATE; Email: [email protected], Website: www.dcwltd.com, CIN-L24110GJ1939PLC000748
for inspection in electronic mode upon NSDL's e-voting system and also on the Company's website.
The Notice of the 82-4 AGM along with the copies of the Audited Financial Statements for the financial year ended March 31, 2021 together with the Boards! and Auditors' Reports were dispatched electronically to all the Members within the statutory period in accordance with Section 101 of the Companies Act, 2013, the MCA and SEBI circulars. With the consent of the Members present at the Meeting, the Notice of the 82"¢ AGM was taken as read.
The Chairman further informed the Members present that there were no qualifications or observations or adverse remarks in the Report of the Statutory Auditor on the Audited Financial Statements of the Company for the financial year ended March 31, 2020 and in the Report of the Secretarial Auditors, which have adverse effects on the functioning of the Company and hence the said Reports were taken as read, with the consent of the Members present.
The Chairman then informed the Members that in terms of Section 108 of the Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and Regulation 44 of the Listing Regulations, the Company had provided remote e-voting facility to its Members. The remote e-voting period commenced on Friday, September 24, 2021 from 9:00 a.m. and concluded on Sunday, September 26, 2021 at 5.00 p.m. The Chairman further informed that the Company had also provided facility of e-voting during the AGM through electronic means.
The Chairman informed the Members that the Board of Directors of the Company had appointed CS. Dr. S. K. Jain (Membership No. FCS 1473), of M/s. S. K. Jain & Co, Practising Company Secretaries as the Scrutinizer to scrutinize the voting process through remote e-voting and e-voting during the AGM in a fair and transparent manner.
The Chairman then delivered his speech briefing the Members present on the performance and business overview of the Company. He also briefed the members on the various strategic aspect of the business.
HEAD OFFICE : "NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAI-400 021. TEL.: 2287 1914, 2287 1916, 2202 0743 TELEFAX: 22 2202 8838 REGISTERED OFFICE : DHRANGADHRA - 363 315 (GUJRAT STATE) Email: [email protected], Website: www.dcwltd.com, CIN-L24110GJ1939PLC000748
DCW LIMITED
Thereafter, the Chairman offered an opportunity to the Members who had registered themselves as speakers to express their views or ask questions / queries on resolutions proposed as set out in the Notice of the AGM. The Chairman addressed and responded to the questions and clarifications sought by the speakers.
| themselves | DCWLIMITEDThereafter, the Chairman offered an opportunity to the Members who had registeredspeakersviewsexpressquestions | |
|---|---|---|
| theiraskasorto | queries/ | |
| resolutions proposed as set out in the Notice of the AGM. The Chairman addressed | ||
| and responded to the questions and clarifications sought by the speakers. | ||
| Thereafter, the following items of business as set out in the Notice convening the | ||
| 82nd Annual General Meeting dated May 21, 2021 were transacted and commended | ||
| to the Members for their approval: | ||
| Item No. | Agenda | Resolution |
| (Ordinary / | ||
| Special) | ||
| Ordinary Business | : | |
| 1. | AuditedadoptconsiderandToreceive,theCompanyStatementsFinancialthetheforof | Ordinary |
| Financial Year ended March 31, 2021 together with | Resolution | |
| ReportsBoardandDirectorsthethetheofof | ||
| Auditor's thereon. | ||
| ShashichandappointVivek(DIN:ToMr.Jain | Ordinary | |
| who00502027),termsrotationbyretiresinof | Resolution | |
| CompaniesSectionand152(6)2013theAct,ofbeing eligible, offers himself for re-appointment. | ||
| Special Busines | s: | |
| oe | Re-appointment of Mr. Mahesh Vennelkanti (DIN: | Special |
| Independent03633359)Directorantheasof | Resolution | |
| Company | ||
| Ratification of Remuneration of the Cost Auditors | Ordinary |
DCW LIMITED HEAD OFFICE : "NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAI-400 021. TEL.: 2287 1914, 2287 1916, 2202 0743 TELEFAX: 22 2202 8838 REGISTERED OFFICE : DHRANGADHRA - 363 315 (GUJRAT STATE) Email: [email protected], Website: www.dcwltd.com, CIN-L24110GJ1939PLC000748
All items as set out above were transacted through remote e-voting and e-voting during the AGM through electronic means.
The Chairman informed the members that the combined results of voting (remote evoting and e-voting during the AGM) along with the Scrutinizers' Combined Report shall be declared within 2 working days of the Meeting and would be communicated to the Stock Exchanges where equity shares of the Company are listed. He further informed that the combined results shall also be uploaded on the website of the Company and NSDL simultaneously.
The Meeting concluded at 12.35 p.m. with a vote of thanks to the Chair.
Thanking You, Pa PQS | Yours faithfully, h« fo e\ For DCW Limited (5. el
ilip Darj
Sr. General Manager (Legal) & Company Secretary Membership No. ACS-22527
DCW LIMITED
HEAD OFFICE : ""NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAI-400 021. TEL.: 2287 1914, 2287 1916, 2202 0743 TELEFAX: 22 2202 8838 REGISTERED OFFICE : DHRANGADHRA - 363 315 (GUJRAT STATE) Email: [email protected], Website: www.dewltd.com, CIN-1.24110GJ1939PLC000748