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IZMO Limited AGM Information 2021
62393_rns_2021-09-20_d962f66b-3b17-47f5-9fe9-6c21d6fedd9d.pdf
AGM Information
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September 20, 2021
| The Manager | The Manager - Listing Department |
|---|---|
| Corporate Relationship Department | National Stock Exchange of India Limited |
| Bombay Stock Exchange Limited | Exchange Plaza, 5th Floor |
| Floor 25, Phiroze Jeejeebhoy Tower | Plot No. C/1, G Block, |
| Dalal Street, Mumbai-400001 | Bandra Kurla Complex, |
| Bandra(E), Mumbai-400051 | |
| BSE Scrip Code: 532341 | NSE Symbol: IZMO |
Dear Sir/Madam,
Subject: Proceedings of 26th Annual General Meeting of the Company held on 20.09.2021
Pursuant to Regulation 30(2) read with Para-A of Schedule III- Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, please be informed that the 26th Annual General Meeting of Izmo Limited was duly held today at 12:30 PM (IST) through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM").
In this regard, please find enclosed herewith Proceedings of the 26th Annual General Meeting of the Company.
Request you to take the same on record.
Yours faithfully,
for IZMO Limited
Danish Reza Company Secretary and Compliance Officer
Enc: As Above
izmo Ltd. 177/2C, Bilekahalli Industrial Area, Bannerghatta Road, Bangalore-560 076, India
$: +918067125400$ Phone Fax $: +918067125408$ Email : [email protected]
www.izmoltd.com CIN: L72200KA1995PLC018734
SUMMARY OF PROCEEDINGS/OUTCOME OF THE 26TH ANNUAL GENERAL MEETING OF IZMO LIMITED
In compliance with the Circular No.14/2020 dated 8th April, 2020, Circular No.17/2020 dated 13th April, 2020, Circular No.20/2020 dated 5th May, 2020 and Circular No 02/2021 dated January 13, 2021 issued " $MCA"$ read SEBI Ministry $of$ Corporate Affairs (the with Circulars No. by the SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020 and SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021, the 26th (Twenty Sixth) Annual General Meeting (the "AGM" or the "Meeting") of the Members of Izmo Limited (the "Company") was duly convened and held on Monday, September 20th 2021, through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM"), which commenced at 12:30 P.M. (IST) and concluded at 01:45 P.M. (IST) (including the time allowed for e-voting at the AGM).
Mr. Danish Reza, Company Secretary, welcomed the Members attending the 26th Annual General Meeting and introduced the Board of Directors present at the Meeting. After ascertaining the presence of requisite quorum for the Meeting, he requested Mrs. Shashi Soni, Chairperson of the Company to preside over the Meeting. Mrs. Shashi Soni took the chair and called the Meeting to order. All Directors including the Chairman of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee etc., were present at the Meeting except Mr. Vijay Gupta, the Independent Director of the Company, who is also a member of Audit Committee, Stakeholder Relationship Committee and Nomination & Remuneration Committee was absent due to un-avoidable circumstances.
Mr. Guru Prakash V, the Statutory Auditor and Mr. Syed Shahabuddin, the Secretarial Auditor of the Company were also present at the Meeting.
In all 86 Members of the Company attended the 26th Annual General Meeting of the Company as per the records of the attendance.
Mrs. Shashi Soni, Chairperson of the Company extended a warm welcome to all the Members, Directors, Key Managerial Employees present at the Meeting. Chairperson, then requested the Company Secretary to highlight the regulatory matters and general instruction pertaining to this 26th Annual General Meeting.
Thereafter, Company Secretary highlighted the regulatory matters and general Instruction pertaining to 26th AGM. The Notice convening the 26th AGM (the "Notice"), the Auditor's Report and the Secretarial Auditor's Report were taken as read with the consent of the Members present at the Meeting.
The Company Secretary, also informed the Members that in compliance with the provisions of Section 108 and other applicable provisions, if any, of the Companies Act, 2013 and rules framed there under and amendments thereto, read together with the MCA Circulars and Regulation 44 of the Listing Regulations, the Company had engaged the services of NSDL to provide remote e-Voting facility which commenced at 9:00 AM IST on Friday, September 17, 2021 and concluded at 5:00PM IST on September 19, 2021 and also the e-Voting facility during the AGM to all the eligible Members to enable them to cast their votes electronically in respect of the businesses transacted at the Meeting.
Mr. Sanjay Soni, Managing Director of the Company gave a brief overview of the Operations and Future Outlook of the Company.
Thereafter, the objectives and implications of each item of businesses for consideration by the shareholders as set out in the notice of AGM was explained. With the permission of the Chairperson, the Company Secretary invited the Shareholders who had registered themselves as Speakers and attending the Meeting through VC / OAVM, to put forward their queries / opinions / reviews, if any, on the Reports and Financial Statements of the Company for the Financial Year ended March 31, 2021 and/or on the Agenda Items as contained in the Notice. Seven (7) Speakers expressed their views, opinions, queries and suggestions. The Managing Director, Mr. Sanjay Soni responded to the queries and provided necessary clarifications to the same.
izmo Ltd. 177/2C, Bilekahalli Industrial Area, Bannerghatta Road, Bangalore-560 076, India Phone: +91 80 67125400 +91 80 67125408 Fax Email $\ddot{\phantom{a}}$ [email protected] heal
www.izmoltd.com CIN: L72200KA1995PLC018734
The votirLg rights Of the Members were reckoned based on the number Of chores held ty them as on the 'cutoff date i.e., Monday, September 13, 2021. CS M. fyred Shahabuddin, Practicing Company Secretary, (Membership No.: ACS-4121 and C.P. ND. 11932), Bangalore, was appointed for the purpose Of scmtinizing the process Of remote e-voting and e-voting during the Meeting in a fair and tranaparent manner,
Thereafter, the following buineBses as set out in the Notice contnening the 26th AGM were transacted at the Meeting were duly passed by the members with requisite majority dy remote e-wing:
oRDmAHr REsolrmon!
L- H- 1:
ndoptionOfAuditedStandaloneandConsolidatedFinandalStateDentsOftheCompanyfortheFinancincial Year ended March 31, 2021 along with the Reports Of the Auditors' and the Direc€ors' thereon.
It.in no. 2:
RE-appointment Of hdrs. Shachi Soni (DIN 00609217), who retires by rotation.
Your Faithfuuy
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Corripang Secredery 86 Comptiarroe Officer
Phone : +918067125400 Fax : +9180 67125408 www,izmoltd.com