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Mac Charles (India) Ltd. — Board/Management Information 2020
Jun 26, 2020
61334_rns_2020-06-26_fe0cbf32-daf9-4e57-a6f6-0d3b6e54da91.pdf
Board/Management Information
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MAC CHARLES (INDIA) LIMTED CIN L55101KA1979PLC003620 Registered Office, 28, Sankey Road, Bangalore-560052 Telephone: 080-22262233 Email: [email protected] Website: www.maccharlesindia.com
To The General Manager- Listing BSE Limited 24[th] Floor, P J Towers, Dalal Street, Fort Mumbai-400001
June 26, 2020
Dear Sir/Madam,
Sub: Outcome of Board Meeting held on June 26, 2020 pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for seeking approval of Members of the company through postal ballot
Ref: Scrip Code 507836
This is to inform you, pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Board of Directors of the Company at its meeting held on June 26, 2020 has decided to seek the approval of the members of the company through the postal ballot in respect of the following matters:
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a) To borrow a sum not exceeding INR 100 crore from holding company which is a material related party transaction;
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b) To appoint Mr. Sartaj Sewa Singh, DIN 01820193 as Whole Time Director for a term of 5 years.
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c) To re-appoint Ms. Tanya Girdhar, DIN 06641106, as an Independent Director for a further term of 5 years with effect from September 29, 2020.
Mr. Umesh P Maskeri, Practicing Company Secretary, has been appointed as the Scrutinizer for ensuring that the voting process is conducted in a fair and transparent manner.
In this connection, we wish to inform you the calendar of events briefly as under:
| S. No | Event/Activity | Date |
|---|---|---|
| 1 | Cutoff date for determination of eligibility of voting | July 6, 2020 |
| 2 | Sending Notice of postal ballot by email to the shareholders | July 10, 2020 |
| 3 | Remote e-voting schedule and instructions to shareholders to register email address will be published in the newspapers |
July 13, 2020 |
| 4 | The remote e-voting will commence at 10 AM on | July 15, 2020 |
| 5 | The remote e-voting will close at 5 PM on | August 13, 2020 |
| 6 | Voting results and the scrutinizer report will be submitted to BSE and also displayed on the website of the company. |
August 14, 2020 |
MAC CHARLES (INDIA) LIMTED CIN L55101KA1979PLC003620 Registered Office, 28, Sankey Road, Bangalore-560052 Telephone: 080-22262233 Email: [email protected] Website: www.maccharlesindia.com
We request you to take the same on record.
Thanking you,
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