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India Lease Devl. Ltd. — AGM Information 2024
Sep 26, 2024
63377_rns_2024-09-26_77d66f6b-897d-404d-bc9c-3844a262e160.pdf
AGM Information
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INDIA LEASE DEVELOPMENT LIMITED
Corporate Identity Number : L74899DL1984PLC019218 Regd. Office : MGF HOUSE, 4/17-B, ASAF ALI ROAD, NEW DELHI - 110002 Phones: 41520070 Fax : 41503479 website : www.indialease.com E-mail : [email protected] GSTIN : 07AAACI0149R1ZB
No. BSE/2024-2025/018
September 26, 2024
The Secretary Bombay Stock Exchange Limited 25[th] Floor, P.J. Towers, Dalal Street, Mumbai – 400001
Scrip Code : 500202
Subject: Proceedings of the 39[th] Annual General Meeting of the Company as per Regulation 30, read with Para A of Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
We are pleased to inform you that the 39[th ] Annual General Meeting (AGM) of India Lease Development Limited was held on Thursday, the 26[th] September 2024 at 12.30 P.M. at the registered office of the company at MGF House, 4/17-B, Asaf Ali Road, New Delhi – 110002 through Video Conferencing("VC" )/ Other Audio Visuals Means("OAVM") platform provided by CDSL, in due compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.
MEMBERS PRESENT: 102
BOARD OF DIRECTORS Shri Dinesh Agnani Chairman of the AGM Chairperson of Audit Committee and Stakeholders Relationship Committee Mrs. Leena Tuteja , Chairperson of Nomination and Remuneration Committee Shri Karun Pratap Hoon , Chairperson of Risk Management Committee
Shri Rajiv Gupta, Chairman and Ms. Sumana Verma, Director were unable to attend this AGM due to prior commitments.
CHIEF EXECUTIVE OFFICER Shri Murali. S
CHIEF OPERATING OFFICER: Shri Arun Mitter
STATUTORY AUDITOR
Shri Praveen Jain Partner M/s. Jagdish Chand & Co., Chartered Accountants, Delhi
SECRETARIAL AUDITOR
Ms. Anjali Yadav, of M/s Anjal Yadav & Associates, Practicing Company Secretaries.
IN ATTENDANCE
Shri Rohit Madan, Manager, Company Secretary & CFO (KMP)
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INDIA LEASE DEVELOPMENT LIMITED
Corporate Identity Number : L74899DL1984PLC019218
Regd. Office : MGF HOUSE, 4/17-B, ASAF ALI ROAD, NEW DELHI - 110002 Phones: 41520070 Fax : 41503479 website : www.indialease.com E-mail : [email protected] GSTIN : 07AAACI0149R1ZB
SCRUTINIZER FOR THE REMOTE E-VOTING / E-VOTING AT THE AGM:
Ms. Anjali Yadav of M/s Anjali Yadav & Associates, Practicing Company Secretaries was appointed as the Scrutinizer.
Shri Dinesh Agnani, Chairman of the meeting informed that there is requisite quorum occupied the chair and called the meeting to order.
With the permission of the members, notice of the meeting was taken as read.
The Company Secretary informed the shareholders that the Auditors' Report on the financial statements for the year ended 31st March 2024, being an unqualified and unmodified one, was not required to be read out at the Annual General Meeting as per the provisions of Section 145 of the Companies Act, 2013 (‘Act’).
The Chairman addressed the members.
After delivering his speech, the Chairman informed the shareholders that in accordance with the provisions of Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’), the Company had offered the facility of remote e-voting and e-voting at the meeting to the shareholders.
The Chairman informed that the Company has received requests from four shareholders who registered themselves as speakers to speak at the AGM. Accordingly, the shareholders who registered themselves as speakers and present at the meeting were allowed to speak during the meeting.
Later on, one shareholder had withdrawn his name as speaker, and three shareholders did not speak.
The Company Secretary announced that those members who had not exercised their votes through remote e-voting could do so through e-voting up to the conclusion of the AGM.
The resolutions pertaining to the following items as set out in the Notice dated August 12, 2024 convening the 39[th] AGM of Members of the Company were transacted at the said AGM.
| Item No |
Resolution |
|---|---|
| ORDINARY BUSINESS (ORDINARY RESOLUTION) | |
| 1 | To receive, consider and adopt Standalone Audited IND AS Financial Statements of the Company for the financial year ended March 31, 2024, the report of the Board of Directors and Auditors thereon. |
| 2 | To appoint a Director in the place of Sh. Rajiv Gupta (DIN:00022964) who retires by rotation and being eligible, seeks re-appointment. |
| 3 | To appoint a Director in the place of Ms. Sumana Verma (DIN:01448591) who retires by rotation and being eligible, seeks re-appointment. |
| 4 | To authorize the Board to fix the remuneration of Statutory Auditors, M/s Jagdish Chand & Co. (ICAI FRN No.000129N) in terms of provisions of Section 142 of the Companies Act, 2013, for the financial year ending 2024-2025. |
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INDIA LEASE DEVELOPMENT LIMITED
Corporate Identity Number : L74899DL1984PLC019218 Regd. Office : MGF HOUSE, 4/17-B, ASAF ALI ROAD, NEW DELHI - 110002 Phones: 41520070 Fax : 41503479 website : www.indialease.com E-mail : [email protected] GSTIN : 07AAACI0149R1ZB
SPECIAL BUSINESS (ORDINARY RESOLUTION)
| SPECIAL BUSINESS (ORDINARY RESOLUTION) | SPECIAL BUSINESS (ORDINARY RESOLUTION) |
|---|---|
| 5 | To approve the Related Party Transaction including Material Related Party Transactions to be entered into between the Company and M/s The Motor & General Finance Limited. |
| 6 | To approve the Related Party Transaction including Material Related Party Transactions to be entered into between the Company and M/s Ram Prakash & Company Private Limited. |
| 7 | To approve the Related Party Transaction including Material Related Party Transactions to be entered into between the Company and M/s Bahubali Services Private Limited. |
The voting on all the above resolutions was conducted through remote e-voting and e- voting during the AGM.
The voting results on the above resolutions will be communicated to the exchange within the prescribed time limit along with combined Scrutinizer's Report, pertaining to remote e-voting and voting at the aforesaid AGM.
The same will also be placed on the Company’s website i.e www.indialease.com and on the website of CDSL.
Annual General Meeting concluded at 12:55 p.m.
You are requested to take the above on record.
Thanking you,
Yours faithfully, For India Lease Development Limited
ROHIT MADAN
Digitally signed by ROHIT MADAN DN: c=IN, o=PERSONAL, pseudonym=170c3c57f55144fcbba0969203ff7a9e, 2.5.4.20=80f5e313a3c49701c2a810795af4029c6fc6403b6c80c604ea47e8 8003798e4d, postalCode=201011, st=UTTAR PRADESH, serialNumber=ff1658609550584302cc931f5196a7ecb64df2e32fca78f1a2 5cf64090334f9a, cn=ROHIT MADAN Date: 2024.09.26 15:51:25 +05'30'
Rohit Madan Manager, Company Secretary & CFO ACS : 13636