N.K.Industries Ltd. — Board/Management Information 2019

Aug 14, 2019

.

	201914th August,
To,	To,
NationalStock ExchangeofIndiaLimited	BSE Limited
'0'Exchange Plaza, Plot C-1,Block,	Phiroze JeejeebhoyTowers,
ISB Centre,Bandra-Kurla Complex,	Dalal Street,Fort,
Bandra (East),Mumbai-400 051.	Mumbai -400 00].
Code No. NKINDCompany	Code No. 519494Company

Dear Sir/Madam,

Sub: Outcome of Board Meeting held on 14th August, 2019

In continuation to our communication dated 3rd August, 2019, informing the date of Board Meeting. The Board of Directors ofthe Company at its meeting held today inter alia considered and approved the following:

• 1. Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2019. The Company also obtained Limited Review Reports on the Standalone and Consolidated Financial Results for the quarter ended on June 30, 2019.
• 1. The Board noted and placed on record the intention letter dated 2'1d August, 2019 received from NK PL REALTY LLP, Promoter representing the Promoter and Promoter Group of the Company expressing their intention to voluntary delist the equity shares of the Company from all the stock exchanges where its equity shares are listed, i.e., BSE Ltd. (BSE) and National Stock Exchange of India Ltd. (NSE), in compliance with the provisions of the Securities and Exchange Board oflndia (Delisting of Securities) Regulations, 2009.
• 1. The Board further noted that in terms of Regulation 8 of the Delisting Regulations, the proposal for delisting is required to be approved by the Board ofDirectors of the Company after taking due diligence report from SEBI registered Merchant Banker appointed for the said purpose. The Board appointed Vivro Financial Services Private Limited as the Merchant Banker to carry out Due Diligence in terms of Regulation 8(lA) (ii) of the Delisting Regulations. The Board proposes to meet again on receipt of Due Dili_ence Report from the Merchant Banker

Regd. Office : 7th Floor, Phone :91-79-66309999 Plant : 745, ,7 Popular House, Ashram Road, Fax :91-79-26589214 Kadi - Ahmedabad -

CIN No. : L9111OGJ1987PL0009905

7

• 1. Authorization to the Managing Director, Chief Financial Officer and Company Secretary of the Company to provide all necessary documents and information to the Merchant Banker.
• 1. Appointment of Ms. Trusha Shah as the Company Secretary and Compliance Officer of the Company w.e.f 14th August, 2019. A Brief Detail is provided in Annexure — I.
• 1. Appointment of Mr. Hasmukh K. Patel (DIN: 06587284) as Whole Time Director of the Company w.e.f 1St June, 2019 subject to approval of the members of the Company at the ensuing 31St Annual General Meeting. A Brief Detail is provided in Annexure ~11
• 1. To Hold and Convene the 31St Annual General Meeting of the members of the Company on Saturday, 215'" September, 2019 at 11:00 A.M. at at ATMA Hall 1006, Ashram Road, Mill Officer's Colony, Vishalpur, Ellisbridge, Ahmedabad, Gujarat 380009.
• 1. Appointment of M/s. Parikh and Majumdar, Chartered Accountants Ahmedabad as the Statutory Auditors of the Company for a consecutive period of 4 years from ensuing 31St Annual General Meeting (F.Y 2019-20) to 35th Annual General Meeting (F.Y 2022-23), subject to approval of the members of the Company at the 31St Annual General Meeting.
• 1. Appointment of M/s. Riddhi Khaneja and Associates, Practicing Company Secretaries Ahmedabad, as Scrutinizer for the E-voting facility to be provided to the Shareholders pursuant to the ensuing 31St Annual General Meeting and also for the physical voting to be carried out at the ensuing 31St Annual General Meeting.
• 1. Approved the Board's Report along with all the annexures for the Financial Year 2018-19.

Regd. Office : 7th Floor, Phone :91-79-66309999 Plant : 745, Kadi-Thor Road, Popular House, Ashram Road, Fax :91-79-26589214 Kadi - Ahmedabad - India. Fax : (02764) 263667

382 715. Dist. Mehsana (N.G,) 380 009. E-mail : nkil@nkproteins.com Tele : (02764) 242613, 263884 Email : nkiikadi@yahoo.co.in

CIN No. : L91110GJ1987PLC009905

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The meeting of Board of Directors of the Company commenced at fi: 02 pm. and the meeting concluded até '. 30 pm.

This is for your information and records.

Thanking You.

Yours faithfully, N K INDUSTRIES LIMITED

{W '

Ms. TRUSHA SHAH (Company Secretary & Compliance Officer)

Regd. Office : 7th Floor, Popular House, Ashram Road. Ahmedabad - 380 009. India.

Phone: Fax E-mail : :91-79-26589214 Kadi -

91-79—66309999 Plant 1 745, Kadi—Thor Road, 382 715. Dist. Mehsana (N.G ) nkil@nkproteins.com Tele : (02764) 242613, 263884 Fax : (02764) 263667 Email : nkilkadl@yahoo.co.in

CIN No. 2 L9111OGJ1987PLC009905

Annexure ll

Name ofthe CompanySecretary	MR. HASMUKHK. PATEL
Qualification	S.S.C.
Date ofBirth	14th December,1954
inSpecific FunctionalExperience/ExpertiseAreas	He is havingofworkingabout 20 yearsexperience withthe Company.
Shareholding inthe Company	NIL
Reason forAppointment	His term ofas the Whole Time5 yearsDirector wascompleted on 31St May,2019,the sake ofand forsmooth administrationtheBoard ofDirectors oftheCompany decided tore-appoint him forofa further term5 years.
Date ofAppointment	1St June, 2019

BRIEF PROFILE OF WHOLE TIME DIRECTOR

Annexure -1

BRIEF PROFILE OF COMPANY SECRETARY & COMPLIANCE OFFICER

Name ofthe CompanySecretary	CS TRUSHASHAH
Qualification	Company Secretary
Date ofBirth	199430th March,
inSpecific FunctionalExperience/Expertise	CS Trusha Shah is an associatemember (ACS
Areas	59416) ofICSI havingexperience ofalmost a
	ofyear in the fieldCorporate Law, Corporate
	Governance and SEBI related matters.
inthe CompanyShareholding	NIL
Reason forAppointment	To fulfillofSection 203 ofthe requirement
	2013 read withCompanies Act,Companies
	(Appointment and Remuneration of
	Managerial Personnel) Rules, 2014 and
	Regulation 6(1) ofthe Securities and
	Exchange Board ofIndia (ListingObligation
	and Disclosure Requirements)Regulation,
	2015.
Date ofAppointment	201914th August,