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Shardul Securities Ltd. — AGM Information 2024
Sep 17, 2024
59184_rns_2024-09-17_96988db1-201a-4336-8e84-d2346eed8911.pdf
AGM Information
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SHARDUL SECURITIES LIMITED
CIN : L50100MH1985PLC036937
G 12, Tulsiani Chambers, Nariman Point, Mumbai - 400 021 Tel. : 91 22 46032806 or 22-46032807 Email id : [email protected] Website : www.shardulsecurities.com
Date: 17[th] September 2024
To, The Stock Exchange, Mumbai Corporate Relationship Department P.J.Towers Dalal Street, Fort Mumbai - 400 001
Dear Sir,
Re: Our Security Code No.512393
Sub: Summary of Proceedings of the 39[th ] Annual General Meeting (AGM) held on Tuesday, 17[th] September 2024.
With reference to the relevant provisions of Regulation 30 Part - A of Schedule – III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Proceeding of the 39[th] Annual General Meeting of the Members of the Company held on Tuesday, 17th September 2024.
Kindly acknowledge receipt and take the above on record.
Yours faithfully,
FOR SHARDUL SECURITIES LIMITED
Digitally signed by DAYA SAGAR DAYA SAGAR BHALIA BHALIA Date: 2024.09.17 14:43:10 +05'30'
DAYA BHALIA
DIRECTOR AND COMPANY SECRETARY
Encl: As Above
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SHARDUL SECURITIES LIMITED
CIN : L50100MH1985PLC036937
G 12, Tulsiani Chambers, Nariman Point, Mumbai - 400 021
Tel. : 91 22 46032806 or 22-46032807
Email id : [email protected] Website : www.shardulsecurities.com
Summary of the proceeding of the 39[th] Annual General Meeting of Shardul Securities Limited held on 17[th] September, 2024
The 39[th] Annual General Meeting of Members of the Company was held on 17[th] September, 2024 at 10.00 a.m. through Video Conference/Other Audio-Visual Means (‘OAVM’), in compliance with the Circular issued by the Ministry of Corporate Affairs, and SEBI, and as per the applicable provisions of the Companies Act, 2013 read with the relevant rules made thereunder.
All the Director of the company, CFO, CEO, Company Secretary were present in the meeting through video conferencing.
Mr. Devesh Chaturvedi, Non- Executive Director and Chairman of the company chaired the proceeding of the meeting. Mrs. Daya Bhalia, Company Secretary welcomed all the members, Directors and other participants to the meeting.
She informed that in view of relaxations granted by the Securities and Exchange Board of India (SEBI) and Ministry of Corporate Affairs (MCA) the AGM was held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. She further informed that the Company had tied up with Link Intime India Private Limited to provide facility for voting through remote e-voting, e- voting during the AGM and participation in the Meeting through VC/ OAVM facility.
The Statutory Auditors of the Company viz. M/s. Akkad Mehta & Co LLP, Chartered Accountants joined the AGM through Video Conference. The members were informed that M/s D Maurya & Associates, Practicing Company Secretary, who has been appointed as the Scrutinizer to ensure a fair and transparent voting process, has also joined the AGM through Video Conference from his location.
The requisite quorum being present, the meeting was called to order.
Thereafter, Mr. Devesh Chaturvedi addressed the members who were virtually present at the AGM.
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SHARDUL SECURITIES LIMITED
CIN : L50100MH1985PLC036937
G 12, Tulsiani Chambers, Nariman Point, Mumbai - 400 021
Tel. : 91 22 46032806 or 22-46032807 Email id : [email protected] Website : www.shardulsecurities.com
The following businesses set out in the Notice convening the AGM were transacted at the meeting.
| Item No. |
Particulars | Resolution |
|---|---|---|
| Ordinary Business: | ||
| 1. | Adoption of Audited Financial Statements (Standalone and Consolidated) together with Directors report and Auditors Report thereon for the year ended 31stMarch, 2024. |
Ordinary |
| 2. | Appointment of a director in place of Mr. R Sundaresan (DIN: 00029840), who retires by rotation and being eligible, offers himself for re- appointment. |
Ordinary |
| Special Business : | ||
| 3. | Appointment of Mr. Vishnu Dutt (DIN: 06702812) as an Independent Director of the Company for the first term of three years. |
Special |
| 4. | Appointment of Mr. Seshagiri Ranganathan (PAN: ADOPS7942N) as an Independent Director of the Company for the first term of three years. |
Special |
| 5. | Appointment of Mr. Devesh Chaturvedi (DIN: 00004793) as Non- Executive Director & Chairman of the Company for a term of five years. |
Ordinary |
| 6. | Approval for re-designation of Mr. R Sundaresan (DIN: 00029840), Whole Time Director & Chairman as Executive Director designated as Whole Time Director and Vice Chairman of the Company. |
Ordinary |
The Company Secretary informed that the members were given the facility of remote e-voting on all the resolutions set out in the Notice of the AGM. The remote e-voting commenced on Friday, September 13, 2024 {09.00 A.M. (IST)} and concluded on Monday, September 16, 2024 {05.00 P.M. (IST)}. The members, who could / did not cast their vote through remote e-voting, were provided the facility to vote at the AGM using the remote e-voting mechanism provided by Link Intime India Private Limited.
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SHARDUL SECURITIES LIMITED
CIN : L50100MH1985PLC036937
G 12, Tulsiani Chambers, Nariman Point, Mumbai - 400 021 Tel. : 91 22 46032806 or 22-46032807 Email id : [email protected] Website : www.shardulsecurities.com
Members were informed that the consolidated results of remote e-voting and voting done at the AGM will be disseminated to the Stock Exchange and uploaded on the website of the Company & Link Intime India Private Limited in accordance with the statutory timelines.
Thereafter, the Company Secretary invited the members who had registered themselves as speakers at the AGM. The speakers complimented the management for various things including timely dispatch of Annual Report. Mr. R Sundaresan, Wholetime Director & Vice Chairman of the Company addressed the queries raised by the shareholders. The Company Secretary thanked all the members for their participation at the AGM.
The members were given 30 minutes time for casting their votes though remote e-voting mechanism, and the meeting concluded thereafter.
The Chairman on behalf of the Board thanked the Shareholders for attending and participating at the AGM.
The 39th AGM of the Company concluded at 11.43 AM (including time allowed for e-voting at AGM). Please take the same in your record.
FOR SHARDUL SECURITIES LIMITED
Digitally signed by DAYA SAGAR DAYA SAGAR BHALIA BHALIA Date: 2024.09.17 14:43:45 +05'30'