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Madhav Marbles & Granites Ltd. AGM Information 2021
62582_rns_2021-09-30_484ad253-b9c9-4334-bfdf-fa287318d716.pdf
AGM Information
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Madhav Marbles and Granites Limited CIN: L14101RJ1989PLC004903 Regd. Off: First Floor, "Mumal Towers", 16, Saheli Marg, Udaipur-313001 Tel: 0294-2981666, Mail: [email protected]
30th September, 2021
Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001 Scrip Code: 515093
Listing Department National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex Bandra East Mumbai-400051 Scrip Code: MADHAV
Sub: Proceedings of 32nd Annual General Meeting held on September 30, 2021
Dear Sirs,
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of 32nd Annual General Meeting of the Company held on September 30, 2021 through Video Conferencing.
You are requested to kindly take above information on your records.
Thanking you, Sincerely For Madhav Marbles and Granites Limited
For Madhay Marbles & Granites Ltd.
uthorised Signatory Privanka Manawat Company Secretary
Madhav Marbles and Granites Limited CIN: L14101RJ1989PLC004903 Regd. Off: First Floor, "Mumal Towers", 16, Saheli Marg, Udaipur-313001 Tel: 0294-2981666, Mail: [email protected]
SUMMARY OF THE PROCEEDINGS OF 32nd ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF MADHAV MARBLES AND GRANITES LIMITED HELD ON THURSDAY, SEPTEMBER 30, 2021 AT 11:00 A.M. THROUGH VIDEO CONFERENCING / OTHER AUDIO-VISUAL MEANS.
The 32nd Annual General Meeting of the Members of the Company was held on September 30, 2021 at 11:00 a.m. through Video Conference (VC) / Other Audio Visual Means (OAVM). Mr. Ravi Kumar Krishnamurthi, Chairman of the Board, chaired the proceedings of the Meeting. The numbers of shareholders as on record date September 23, 2021 were 9474. The details of number of shareholders present in the meeting are as follows:
| Category Same County |
Promoter | and Public | Total |
|---|---|---|---|
| Promoter Group | |||
| In Person | |||
| Authorised $\vert 0 \vert$ Through Proxy |
|||
| Representative | |||
| Video Conference $\sim 10^7$ |
50 | 52 | |
| Total T | 50 | 52 | |
The CEO and Managing Director called the meeting to order as requisite quorum was present. He introduced the Directors and the invitees present at the meeting.
The CEO and Managing Director informed that in view of the restrictions due to outbreak of COVID-19 and considering the social distancing norms, the AGM was conducted through VC / OAVM. This meeting has been convened and being conducted in accordance with the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI). He further informed that the Company had tied up with CDSL to provide facility for voting through remote e-voting, e-voting during the AGM and participation in the AGM through VC / OAVM facility.
The Chairman addressed the meeting and gave an overview of the business and operation of the Company, the performance and way forward.
After completion of Chairman speech, The CEO and Managing Director informed the Members that the Report of Board of Directors, the Accounts for the financial year ended March 31, 2021 and the Notice convening the $32nd$ AGM were taken as read as the same had already been circulated to the Members. The Statutory Auditors Report on the standalone and consolidated Financial Statements do not contain any qualification, observation or adverse remark. There are no qualifications or observations in the Secretarial Audit Report for the financial year ended March 31, 2021. The Secretarial Auditor has reported in their report reference of monetary penalty levied by BSE and NSE for non-compliance of Regulation 18, 20 and 29 of SEBI LODR Regulations. The matters are still pending with the respective authorities
Madhav Marbles and Granites Limited CIN: L14101RJ1989PLC004903 Regd. Off: First Floor, "Mumal Towers", 16, Saheli Marg, Udaipur-313001 Tel: 0294-2981666, Mail: [email protected]
Pursuant to the provisions of the Companies Act, 2013, the Rules framed thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had extended the remote e-voting facility to the Members of the Company in respect of the resolutions to be passed at the Meeting. The Chairman informed the Members that the facility for voting through e-voting system was made available during the Meeting for Members who had not cast their vote prior to the Meeting. The Company had appointed Mr. Ronak Jhuthawat, Practising Company Secretary, as the Scrutiniser for the purpose of scrutinising the process of remote e-voting held prior and e-voting during the AGM.
The CEO and Managing Director further said none of the members has registered himself as Speaker at this AGM within the specified time so no requests or queries are to be answered at the AGM. But if the shareholders have some requests or queries, they can share on mail id: [email protected]
The CEO and Managing Director announced that the e-voting results along with the consolidated Scrutiniser's Report shall be informed to Stock Exchanges and also be placed on the website of the Company, CDSL and Stock Exchanges.
The meeting concluded at 11:30 am after being open for 15 minutes for e-voting to be completed.
Post completion of the Annual General Meeting, after scrutiny of votes the Scrutiniser submitted his Report. As per the report submitted by the Scrutiniser considering the consolidated results of the remote e-voting held prior and e-voting during the AGM, all resolutions as proposed were passed with requisite majority.
For Mad Aarb/es & Granites Ltd.
Authorised Sianatory