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MUNOTH COMMUNICATION LIMITED — AGM Information 2019
Jul 12, 2019
63487_rns_2019-07-12_e8d2c449-787b-4b19-8524-7068483b51e6.pdf
AGM Information
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July 12, 2019
M/s. Bombay Stock Exchange Limited, Phiroze Jheejeebhoy Towers, Dalal Street, Mumbai- 400 001
Dear Sir,
Sub: Notice of Annual General Meeting
We wish to inform you that 35[th] Annual General Meeting of the Company will be held on Wednesday, 7[th] August 2019 at Nahar Hall, Deshbandhu Plaza, 47,Whites Road, Chennai -600014 at 10: 15 AM. The copy of the notice of Annual General Meeting published in one English language national daily and in one daily newspaper published in the language, where the registered office of the company is situated is enclosed.
Thanking you,
Yours faithfully,
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15.12.2015 XXXIX/1925 XXXIX/1925 A.
7
THURSDAY 11 - 7 - 2019
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IOB focus on recovery, improving margins, eyes on profit this fiscal
ONGC installs RO desalination Plants in Ramnad
Chennai, July 11: took charge as the ManIndian Overseas Bank aging Director and CEO Ramanathapuram, (IOB) will be strengthenof IOB on July 1, said July 11: ing its turnaround plan by on Tuesday that the bank As part of its Corpoadding a few more focus is carrying forward the rate Social Responsibility areas to the strategy in initiatives taken by his (CSR), ONGC – Cauvery order to turn profitable predecessor R SubramaBasin, Chennai is installthis year. niakumar as part of the ing Reverse Osmosis Indian Overseas Bank turnaround strategy. (RO) Desalination Plants held its 19th Annual However, Sekar would in Seven (07) drought General Meeting of the lend a special focus on affected villages of Rashareholders of the Bank three areas to turn prof- Karnam Sekar, Managing manathapuram District, at Narada Gana Sabha, itable and to come out Director & CEO, which are vulnerable to Chennai on 10.07.2019. of the Reserve Bank of percentage as it is lagdrinking water crises. At the meeting, the India’s (RBI) Prompt ging behind public sector In the first phase, two Bank obtained the apCorrective Action (PCA) banks’ growth level.“We plants at S.P. Pattinam proval of the shareholders framework. need to catch up and and Kolunthurai Vilfor the Audited Accounts The bank will focus on improve so that our NIM lages were inaugurated of the Bank for the year improving its net interalso improves. With by K Veera Raghava ended 31st March 2019, est income (NII) and net growth in NII and NIM, Rao, IAS, District Colfor issue of upto 300 interest margin this year. we hope to improve the lector, Ramanathapuram, crore equity shares to the “Our NII has been stagoperating profit and then in a function organised Deepening and Desilting of 115 Ooranies (Water Bodies) Project in Ramanathapuram District under public and issue of upto nant and it is also one we hope to report net at S.P.Pattinam Village on ONGC’s CSR initiative being launched by district collector K Veera Raghava Rao. 45.70 crore equity shares of the lowest as we have profit this year,” he added. July 9, 2019 in the presfunded by ONGC at a fication of available saline (Thiruvadanai Block), (Thirupullani Block) to employees under ESPS. not been able to grow the Sekar said the bank’s ence of senior officials of cost of Rs. 96.11 Lakhs, water through installation 2. Vennatoor (Ram7. Landai (Thiruaging Director & CEO, Karnam Sekar, Manbook in the last four to five years due to restricsale to asset reconstruc-tion companies (ARCs) ONGC and District Ad-ministration. This project is being implemented by District Administration of these desalination RO Plants, District Adminanathapuram Block)3. Pothikulam pullani Block)In the last expressed the hope that tions as part of PCA. We was lower in 2018-19 inauguration forms part through Central Salt and istration would be able (Kadaladi Block) 5 years, ONGC-Cauvery with various initiatives will try to grow advances compared with that in of the ongoing Swachhta Marine Chemical Instito supply potable water 4. Kolunthurai Basin, Chennai has spent taken by the Bank, the in areas such as housing previous years. This year, Fortnight being observed tute, Gujarat, an agency to the villagers. The vil(Mudukulathur Block) Rs.280.81 Lakhs under Bank should be able to and jewellery loans,” he IOB will push more sales by ONGC from July 1 – under CSIR, Ministry of lages covered under this 5. Regunathapuram various CSR Initiatives in come out of PCA in the said. to ARCs. Also, the bank 15, 2019. Installation of Science & Technology, project are: (Thirupullani Block) current year. Also, the bank will fowill give a stronger push the Plants in the remainGovt. of India. By puri1. S.P. Pattinam 6. Kanjirankudi Ramanathapuram District. Karnam Sekar, who cus on improving CASA for higher one-time settleing Five (05) villages are ments (OTS). All these under fast-track progress Bharat Axa registers profits, premium surges 29% initiatives are aimed at and would be commisChennai, July 11: It achieved healthy top line performance against an reducing the net NPA of sioned soon. Bharti AXA General Insurance, a joint venture overall industry growth of 12.9 per cent and private the bank which stands The RO Plant Project between Bharti Enterprises, one of India’s leading sector growth of 25 per cent in the financial year now at about 11 per cent. covering 7 villages, fully business groups, and AXA, one of the world’s largended March 31, 2019. est insurance companies, today said the company Strong premium growth at more than double of has registered its maiden full-year profitability in the industry growth helped the company post a net profit financial year 2018-19 with a robust 29 per cent of Rs 3 crore in the financial year ending March 31, growth ahead of the industry growth rate. 2019, against a loss of Rs. 92.6 crore during 2017-18. The company recorded an increase of 29 per cent ‘’We will continue to focus on channel and segin its Gross Written Premium (GWP) to Rs. 2,285 ment diversification, productivity and prudent expense crore in the financial year 2018-19 from Rs. 1,772 management to drive growth in years to come,’’ said crore in 2017-18. The growth is driven across all Sanjeev Srinivasan, Managing Director and Chief product segments and all channels of distribution. Executive Officer, Bharti AXA General Insurance. 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