Kalyani Forge Ltd. — AGM Information 2019

Jul 27, 2019

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July 27, 2019

To

BOMBAY STOCK EXCHANGE LIMITED, NATIONAL STOCK EXCHANGE OF INDIA Phiroze Jeejeebhoy Tower, LIMITED, Dalal Street, Fort, Exchange Plaza, Mumbai-400001 Bandra Kurla Complex, Bandra (E), Mumbai-400051

Sub.: Proceedings of 40[th] Annual General Meeting held on 26[th] July, 2019.

Ref: Scrip Code/Symbol: 513509/KALYANIFRG

Dear Sir / Madam,

This is to inform you that pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the proceedings of the 40[th] Annual General Meeting of Kalyani Forge Limited held on 26[th] July, 2019.

Kindly take this information on your record and acknowledge the receipt of the same.

Yours faithfully,

For Kalyani Forge Limited

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Nilesh Vitekar Company Secretary

CIN: L28910MH1979PLC020959 REGD OFFICE: Shangrila Gardens, 1st Floor, ‘C’ Wing, Opp. Bund Garden, Pune: 411001

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July 27, 2019

To
BOMBAY STOCK EXCHANGE LIMITED, Phiroze Jeejeebhoy Tower, Dalal Street, Fort, Mumbai-400001	NATIONAL STOCK EXCHANGE OF INDIA LIMITED, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051

Sub.: Summary of proceedings of 40[th] Annual General Meeting held on 26[th] July, 2019.

Ref: Scrip Code/Symbol: 513509/KALYANIFRG

Dear Sir / Madam,

Please find below proceedings of 40[th] Annual General Meeting held on 26[th] July, 2019:

1. In accordance with the Notice dated 18[th] May, 2019, the 40[th] Annual General Meeting of the shareholders of Kalyani Forge Limited (“the Company”) was held on Friday, 26[th] July, 2019 at 10.30 a.m. at Poona Club Ltd., 6, Bund Garden Road, Pune – 411 001.

2. Mrs. Rohini G. Kalyani, Chairperson of the Board was elected the Chairperson of the meeting. She being present then took the chair and welcomed the shareholders present. She then announced that the requisite quorum was present and called the meeting to be in order. The Chairperson then declared the number of proxies received and declared that the proxies received and entered in the “Register of Proxies” are valid.

3. The Company Secretary then shared the program of the meeting and introduced the Directors of the company present on the dais.

4. The Chairperson then requested the Company Secretary to read the Notice of the meeting which at the permission of the shareholders was taken as read.

5. The Chairperson then addressed the members.

6. After the speech, the Chairperson informed that pursuant to Companies (Management and Administration) Regulations, 2015 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 entered into with the Stock Exchanges, the members where provided e-voting and Postal Ballot facility to vote on the resolutions. For those members the members, who did not vote through e-voting or Postal Ballot facility, voting would be carried out through poll for which the ballot papers were issued to the members present.

CIN: L28910MH1979PLC020959 REGD OFFICE: Shangrila Gardens, 1st Floor, ‘C’ Wing, Opp. Bund Garden, Pune: 411001

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1. The Chairperson then requested the Company Secretary to read the Auditors’ Report which with the permission of the shareholders present, the annexure to Auditor’s Report was taken as read.

2. The Chairperson then requested the shareholders to ask queries, if any, on the Financial Statements of the Company as at 31[st] March, 2019 together with report of the Directors’ and Auditors thereon.

3. The Chairperson provided necessary clarifications to the queries raised by the shareholders. There were no other queries from the shareholders. Shareholders appreciated the efforts made by Company and for declaration of dividend @ of Rs. 4.00 per share.

4. The Chairperson moved the following resolutions for approval by shareholders which were duly proposed and seconded by the shareholders and put to Poll:

Item No.	Description
1	To, receive, consider and adopt the Financial Statements as on dated 31stMarch, 2019 together with report of Directors and Auditors’ thereon. (Ordinary Resolution).
2	To declare Dividend on equityshares. (OrdinaryResolution)
3	To appoint a Director, in place of Mr. Gaurishankar N. Kalyani (DIN: 00519610) who retires by rotation and being eligible, offers himself for re-appointment. (OrdinaryResolution).
4	To appoint Mr. VirajG. Kalyani(DIN: 02268846)as Director of the Company
5	Ratification of Statutory Auditors appointment for F. Y. 2019-20. (Ordinary Resolution).
6	Approval of remuneration to Cost Auditor as per Companies Act, 2013 for F. Y. 2019-20. (OrdinaryResolution).

1. The Chairperson then informed the members that in accordance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and pursuant to Companies (Management and Administration) Rules, 2014 Scrutinisers are required to be appointed to conduct the Poll.

2. The Chairperson appointed HR & Associates, Hrishikesh Rajhansa, Practising Company Secretary as Scrutiniser for Poll who was already acting as a scrutiniser for e-voting.

3. The Chairperson then adjourned the meeting for conducting the Poll.

4. The members present exercised their voting right and deposited the ballot papers in the ballot box kept for the purpose.

5. Pending results of the voting, the Chairperson concluded the meeting and informed that the result of voting shall be declared within 48 hours from the date of the AGM.

CIN: L28910MH1979PLC020959

REGD OFFICE: Shangrila Gardens, 1st Floor, ‘C’ Wing, Opp. Bund Garden, Pune: 411001

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1. On behalf of Board, Mr. Gaurishankar N. Kalyani, Director of the Company gave vote of thanks.

2. At about 7.00 p.m. the Scrutinizers submitted their summary report to the Chairperson.

3. Based on this Summary Report, the Chairperson then declared that all the resolutions for items in the notice of 40[th] Annual General Meeting are passed with requisite majority.

4. The Chairperson then declared that the meeting was concluded.

Thanking you.

Yours faithfully,

For Kalyani Forge Limited

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Nilesh Vitekar Company Secretary

CIN: L28910MH1979PLC020959 REGD OFFICE: Shangrila Gardens, 1st Floor, ‘C’ Wing, Opp. Bund Garden, Pune: 411001