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Mac Charles (India) Ltd. Board/Management Information 2022

Apr 8, 2022

61334_rns_2022-04-08_c0177d5c-294e-41f6-af6d-4a60722834a9.pdf

Board/Management Information

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MAC CHARLES (INDIA) LTD. CIN No. L55101KA1979PLC003620

Regd. Office: Phone:080-4903 0000
No.72/4, 1st Floor, Extn: 3490
Cunningham Road, Email:[email protected]
Bangalore – 560 052 website:www.maccharlesindia.com

To The General Manager- Listing BSE Limited 24[th] Floor, P J Towers, Dalal Street, Fort Mumbai – 400001

April 08, 2022

Dear Sir/Madam,

Sub: Outcome of Board Meeting of Mac Charles (India) Limited held on April 08 2022 pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)

Ref: Scrip Code 507836

We wish to inform you that the Board of Directors of Mac Charles (India) Limited, at its meeting held on Friday, April 08, 2022 through audio-visual electronic communication has, inter-alia, has decided for the following matters :

  1. Approval for Revision of Terms of the Existing Non-Convertible Debentures.

  2. Granting loan upto Rs. 500 Crores to Mac Charles Hub Projects Pvt. Ltd, the Wholly Owned Subsidiary.

  3. Approval for Issuance of Non-Convertible Debentures upto Rs.840 Crores.

  4. Approved postal ballot notice in relation issuance of non-convertible debentures . 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.

The related activities including the below calendar of events:

S.
No
Activity Target Date Day
1 Prior Intimation to Stock Exchange about the
board meeting to be held on 08-04-2022 to
launch postal ballot to seek the approval of
members: under Regulation 29
05-04-2022 Tuesday
2 Receipt of consent letter from Scrutinizer 05-04-2022 Tuesday
3 Intimation to BSE about fixing the cut off date
as 08/04/2022 for determination of eligibility
to vote

06-04-2022
Friday

MAC CHARLES (INDIA) LTD. CIN No. L55101KA1979PLC003620

Regd. Office: Phone:080-4903 0000 No.72/4, 1[st] Floor, Extn: 3490 Cunningham Road, Email: [email protected] Bangalore – 560 052 website: www.maccharlesindia.com

4 Cut off date for determination of eligibility of
shareholders to vote on the postal ballot
resolution
08-042022 Friday
5 Board meeting to approve the notice of postal
ballot, appointment of scrutinizer, cut off date,
date of opening and closing of the postal ballot

08-04-2022
Friday
6 Intimation to Stock Exchange of the outcome
of Board meeting and calendar of events of
Postal ballot exercise
08-04-2022 Friday
7 Generation of EVSN on CDSL evoting portal
by BgSE Financial, RTA
08-04-2022 Friday
8 Display of Notice of Postal ballot on the
website of Company
11-04-2022 Monday
9 RTA to upload the Notice of Postal Ballot,
List of Resolutions and the Register of
Members on CDSL evoting portal
11-04-2022 Monday
10 Activation of EVSN on CDSL system by
RTA
12-04-2022 Tuesday
11 Filing of Notice of Postal Ballot with the
Stock exchange by Company : Regulation 30
12-04-2022 Tuesday
12 CDSL Green Initiative to send the draft of the
covering e-mail to the Company to be sent to
the shareholders alongwith the Notice of
Postal Ballot by email to all the members who
have furnished their email Id.
12-04--2022 Tuesday
13 CDSL Green Initiative to send by email the
Notice of Postal Ballot to the shareholders to
all the members who have furnished their
email Id.
13-04-2022 Wednesday
14 Publication of advertisement in Newspapers :
Financial Express : English and Hosa
Digantha : Kannada :
19-04-2022 Tuesday
15 Filing copies of newspaper advertisements
with BSE
20-04-2022 Wednesday
16 Commencement of voting by remote evoting 21-04-2022 Thursday
17 Closure of postal ballot: last date for voting by
remote e-voting
20-05-2022 Friday
18 Submission of Scrutinizer’s Report by
Scrutinizer
24-05-2022 Tuesday
19 Declaration
of
voting
results
by
the
Chairman/Company Secretary
24-05-2022 Tuesday

MAC CHARLES (INDIA) LTD. CIN No. L55101KA1979PLC003620

Regd. Office: Phone:080-4903 0000 No.72/4, 1[st] Floor, Extn: 3490 Cunningham Road, Email: [email protected] Bangalore – 560 052 website: www.maccharlesindia.com

Bangalore – 560 052
Bangalore – 560 052
website:www.maccharlesindia.com website:www.maccharlesindia.com
20 Submission
of
scrutinizer
report
and
Intimation of voting results under Regulation
44 (3) of LODR to Stock Exchange (within 2
working days of closure of voting )
24-05-2022 Tuesday
21 Display of voting results and scrutinizer report
on the website of Company
24-05-2022 Tuesday
22 Filing of voting results and Scrutinizer Report
with CDSL
24-05-2022 Tuesday

We request you to take on record of the same.

Thanking you,

For Mac Charles (India) Limited

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Chandana Naidu Khare Company Secretary and Compliance Officer ACS:25570