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Shree Renuka Sugars Ltd. — AGM Information 2020
Sep 7, 2020
59404_rns_2020-09-07_0ab6cb20-eadf-4ca0-bf24-04fba4cfc505.pdf
AGM Information
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7[th] September 2020
Dept. of Corporate Services, Listing Department BSE Limited National Stock Exchange of India Limited P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai - 400 001. Bandra(E), Mumbai- 400 051
BSE Scrip Code : 532670 NSE Symbol : RENUKA
Sub.: Proceedings of 24[th] Annual General Meeting (AGM)
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith proceedings of the 24[th] Annual General Meeting of the Members of the Company held on Monday, 7[th] September 2020 at 11.00 am through Video Conferencing.
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For Shree Renuka Sugars Limited
Deepak Madhav Manerikar c=India, o=Personal, postalCode=411041, st=Maharashtra, 2.5.4.20=933c870db9d5f72716b297ab9e64232cca0649b70efac90cdd7b8092d b672d03, pseudonym=C6E81E734AC22EF887FF6F5708EE40A299BD4021, serialNumber=6CF6EE3C3849045F5EB2572E97384BB2A8F3074B28A8003C5B 1F7E8E71DBF2AF, cn=Deepak Madhav Manerikar 2020.09.07 15:37:30 +05'30'
Deepak Manerikar Company Secretary
Shree Renuka Sugars Limited Corporate Office : 7[th] Floor • Devchand House • Shiv Sagar Estate • Dr. Annie Besant Road • Worli Mumbai 400 018 • Maharashtra • India P +91 22 2497 7744/4001 1400 F +91 22 2497 7747 E [email protected]
Registered Office : 2nd / 3rd Floor, Kanakshree Arcade, CTS No. 10634, JNMC Road, Nehru Nagar, Po: Belagavi- 590 010 • Karnataka • India P +91 831 2404000 F +91 831 2404961
W www.renukasugars.com • Corporate Identification No.: L01542KA1995PLC019046
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Summary of proceedings of the 24[th] Annual General Meeting
24[th] Annual General Meeting (‘AGM’/’Meeting’) of the Members of Shree Renuka Sugars Limited (‘the Company’) was held on Monday, 7[th] September 2020 at 11:00 am through Video Conferencing.
The number of shareholders as on the record date of 31[st] August 2020 was 1,63,587.
The details of number of shareholders present for the AGM was as follows:
| Category | Promoter & Promotergroup |
Public | Total |
|---|---|---|---|
| Video Conference | Nil | 67 | 67 |
Mr. Atul Chaturvedi, Executive Chairman of the Company, chaired the meeting. Mr. Vijendra Singh, Whole-time Director, Mr. Madhu Rao, Chairman of the Audit Committee and Stakeholders’ Relationship Committee, Mr. Surender Kumar Tuteja, Chairman of the Nomination & Remuneration/Compensation Committee, Mr. Dorab Mistry and Dr. B V Mehta, Independent Directors, were present at the meeting. Mr. Deepak Manerikar, Company Secretary and Mr. Sunil Ranka, Chief Financial Officer were also present at the meeting.
The meeting was also attended by Mr. Shamsunder Pachisia, Partner – SRBC and CO LLP, Statutory Auditors of the Company, and Mr. Devendra Deshpande, Partner – DVD and Associates, Secretarial Auditors of the Company.
After the requisite quorum was confirmed, the Chairman called the meeting to order.
Chairman informed the Members that the Company had appointed M/s. KFin Technologies Private Limited to provide Members the facility to cast their vote electronically on all resolutions set forth in the AGM Notice. Members who were present at the AGM and had not cast their votes electronically were provided an opportunity to cast their votes at the meeting by way of e-voting.
Company Secretary informed the Members that the Board of Directors has appointed Ms. Tehseen Khatri of M/s. T F Khatri & Associates, Practicing Company Secretary, as the Scrutinizer to scrutinize the remote e-voting process as well as the e-voting at the AGM.
Company Secretary informed the Members about the business to be transacted at the meeting. The following items of business, as per the AGM Notice dated 7[th] August 2020, were transacted at the meeting.
Shree Renuka Sugars Limited Corporate Office : 7[th] Floor • Devchand House • Shiv Sagar Estate • Dr. Annie Besant Road • Worli Mumbai 400 018 • Maharashtra • India P +91 22 2497 7744/4001 1400 F +91 22 2497 7747 E [email protected]
Registered Office : 2nd / 3rd Floor, Kanakshree Arcade, CTS No. 10634, JNMC Road, Nehru Nagar, Po: Belagavi- 590 010 • Karnataka • India P +91 831 2404000 F +91 831 2404961
W www.renukasugars.com • Corporate Identification No.: L01542KA1995PLC019046
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| Sr. No. |
Resolution description | Resolution **type ** |
|---|---|---|
| 1. | To consider and adopt the audited standalone and the consolidated financial statements of the Company for the financial year ended 31st March 2020 together with the Reports of the Board of Directors and Auditors thereon |
Ordinary |
| 2. | To appoint a Director in place of Mr. Jean-Luc Bohbot (DIN: 06857132), who retires byrotation and beingeligible,offers himself for re-appointment |
Ordinary |
| 3. | Appointment of Mr. Kuok Khoon Hong (DIN: 00021957) as a Non-Executive Director |
Ordinary |
| 4. | Appointment of Mr. Charles Loo Cheau Leong (DIN: 08737827) as a Non- Executive Director |
Ordinary |
| 5. | Re-appointment of Dr. B V Mehta (DIN: 00895163) as an Independent Director of the Company |
Special |
| 6. | Issue of Redeemable Preference Shares (RPS) by conversion of Non- Convertible Debentures(NCDs) |
Special |
| 7. | Issuance of Equity shares on preferential basis | Special |
| 8. | Ratification of remuneration of Cost Auditors | Ordinary |
The Chairman provided the clarifications to the questions raised by few Members.
Ms. Tehseen Khatri supervised the remote e-voting and e-voting at the AGM as the Scrutinizer.
The Chairman informed the shareholders that the consolidated results of remote e-voting and e-voting conducted at the AGM would be declared on or before 9[th] September 2020. The Chairman authorized the Company Secretary to declare the results of voting and place the same on the websites of the Stock Exchanges and of the Company.
The meeting concluded at 11.58 a.m..
You are requested to take the above on record.
Thanking you,
Yours faithfully,
For Shree Renuka Sugars Limited
Deepak Madhav Manerikar c=India, o=Personal, postalCode=411041, st=Maharashtra,
2.5.4.20=933c870db9d5f72716b297ab9e64232cca0649b70efac90cdd7b8092db6 72d03, pseudonym=C6E81E734AC22EF887FF6F5708EE40A299BD4021, serialNumber=6CF6EE3C3849045F5EB2572E97384BB2A8F3074B28A8003C5B1F7 E8E71DBF2AF, cn=Deepak Madhav Manerikar 2020.09.07 15:37:51 +05'30'
Deepak Manerikar
Company Secretary
Shree Renuka Sugars Limited
Corporate Office : 7[th] Floor • Devchand House • Shiv Sagar Estate • Dr. Annie Besant Road • Worli Mumbai 400 018 • Maharashtra • India P +91 22 2497 7744/4001 1400 F +91 22 2497 7747 E [email protected]
Registered Office : 2nd / 3rd Floor, Kanakshree Arcade, CTS No. 10634, JNMC Road, Nehru Nagar, Po: Belagavi- 590 010 • Karnataka • India P +91 831 2404000 F +91 831 2404961
W www.renukasugars.com • Corporate Identification No.: L01542KA1995PLC019046