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Jocil Limited AGM Information 2020
62372_rns_2020-09-24_753b3fe8-4657-42bb-874d-8af44f6e39f3.pdf
AGM Information
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⊠ Box 216, Arundelpet P.O., Guntur-522 002, Andhra Pradesh, India Ph: 0863-2290190 • Fax: 0863-2290090 • Email: [email protected] • Web: www.jocil.in
DATE: 24-09-2020
SUMMARY OF PROCEEDINGS AT THE AGM (Regulation 30 (4) of SEBI (LODR) Regulations, 2015)
42nd Annual General Meeting of the Company was duly held at 3.30 pm on Thursday, 24th September 2020 at the Registered Office of the Company at Dokiparru, Guntur $-522$ 438. Andhra Pradesh.
Present:
- Sri P. Narendranath Chowdary, Chairman of the Company and Chairman of $\overline{1}$ . Stakeholders Relationship Committee and also as a Representative of M/s. The Andhra Sugars Limited, Holding Company.
- Sri J. Murali Mohan, Managing Director of the Company. $\overline{2}$ .
- Sri V.S. Raju, Director and Chairman of the Audit Committee and Nomination & $\overline{3}$ . Remuneration Committee.
- Sri K. Srinivasa Rao, Director of the Company $\overline{4}$ .
- Representative of M/s. Chevuturi Associates, Chartered Accountants, Vijayawada, 5. Statutory Auditors of the Company.
- Sri Nekkanti S.R.V.V.S. Narayana, Scrutinizer 6.
- $71$ Members: 40 Nos.
- Proxies : 2 Nos. 8.
The following business was transacted at the meeting.
| ItemNo. | Description of Resolution |
|---|---|
| 1 1 | Ordinary Business:Adoption of Audited Statement of Profit and Loss,Ordinary Resolution:Balance Sheet, Report of Board of Directors and Auditors for the year ended31st March, 2020. |
| $\overline{2}$ | Ordinary Resolution: Declaration of Dividend for the Financial Year 2019-20. |
| $\overline{3}$ | Ordinary Resolution: Re-appointment of Sri Mullapudi Mrutyumjaya Prasasd(DIN : 01500271), Director who retires by rotation. |
| 4 | Special Business:Ordinary Resolution: Ratification of Cost Auditor's Remuneration. |
| 5 | Special Resolution: Re-appointment of Sri J. Murali Mohan (DIN: 00114341)as Managing Director for a period of 3 years w.e.f. 16.02.2021. |
| 6 | Special Resolution: Approval of alteration of Articles of Association of theCompany. |
A Subsidiary of The Andhra Sugars Limited
$\dots$ 2.
All the above resolutions have been duly passed by the shareholders with requisite majority. Voting results in the prescribed form in Annexure-I to SEBI Circular dated 04-11-2015 is being filed separately under Regulation 44 (3) of Listing Regulations.
Pursuant to the provisions of the Companies Act, 2013 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) the Company had through CDSL platform provided e-voting facility to its members for voting on the resolutions proposed in the AGM Notice. E-voting commenced on 21st September 2020 and ended on 23rd September, 2020.
The shareholders of the Company who attended the AGM and not availed e-voting facility were provided ballot papers to cast their votes by poll.
Sri Nekkanti S.R.V.V.S. Narayana was appointed as the Scrutinizer for both the e-voting and polling at the venue. The voting by the Members through e-voting and by poll at the venue of AGM has been consolidated and the Scrutinizer has submitted his report item wise.
The Meeting concluded at 4.00 p.m. on the same day.
We hereby confirm that all the provisions of the Companies Act 2013 and Standards with respect to calling, convening and conducting the meeting were duly complied with.
For Jocil Limited.
Secretary & DGM (F)
For Jocil Limited,
ector