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Shree Renuka Sugars Ltd. AGM Information 2021
59404_rns_2021-09-02_8892f424-a1d8-4815-ac6b-1713ed25cf16.pdf
AGM Information
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2"d September 2021
Dept. of Corporate Services, BSE Limited P .J. Towers, Dalal Street, Mumbai- 400 001.
Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra(E), Mumbai- 400 051
BSE Scrip Code : 532670
NSE Symbol : RENUKA
Sub.: Proceedings of 25th 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 25th Annual General Meeting of the Members of the Company held on Thursday, 2"d September 2021 at 11:00 am through Video Conferencing.
Kindly take the same on your record.
Thanking you,
Yours faithfully, For Shree Renuka Sugars Limited
q ~
Deepak Manerikar Company Secretary
Shree Renuka Sugars Limited
Corporate Office: 7"' Floor· Devchand House • Shiv Sagar Estate· Dr. Annie Besant Road· Worli Mumbai 400 018 • Maharashtra • India P +91 22 2497 7744/40011400 F +91 22 2497 7747 E [email protected]
Registered Office: 2nd I 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. : L01 542KA 199SPLC019046
Summary of proceedings of the 25th Annual General Meeting
25th Annual General Meeting ('AGM'/'Meeting') of the Members of Shree Renuka Sugars Limited ('the Company') was held on Thursday, 2"d September 2021 at 11:00 am through Video Conferencing.
The number of shareholders as on the record date of 26th August 2021 was 3,26,789.
The details of number of shareholders present for the AGM was as follows:
| Category | Promoter &Promoter group | Public | Total |
|---|---|---|---|
| Video Conference | 0 | 122 | 122 |
Mr. Atul Chaturvedi, Executive Chairman of the Company, chaired the meeting. Mr. Vijendra Singh, Whole-time Director, Mr. Madhu Rae, Chairmal\ of the Audit Committee and Stakeholders' Relationship Committee, Mr. Surender Kumar Tuteja, Chairman of the Nomination & Remuneration/Compensation Committee, Dr. B. V. Mehta and Mr. Bhupatrai Premji, 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.
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 2"d August 2021, were transacted at the meeting.
Shree Renuka Sugars Limited
Corporate Office: 7'h Floor· Devchand House· Shiv Sagar Estate • Dr. Annie Besant Road· Worli Mumbai 400 018 • Maharashtra. India P +91 22 2497 7744/40011400 F +91 22 2497 7747 E [email protected]
Registered Office : 2nd I 3rd Floor, Kanakshree Arcade, CTS No. 10634, JNMC Road, Nehru Nagar, Po : Belagavi - 590 01 o • Karnataka • India P +91 831 2404000 F +91 831 2404961
W www.renukasugars.com ·Corporate Identification No. : L01542KA199SPlC019046
| Sr.No. | Resolution description | Resolutiontype |
|---|---|---|
| 1. | To receive, consider and adopt the Audited Standalone Financial Statements of theCompany for the Financial Year ended 31st March, 2021 together with the Reports ofthe Board of Directors and the Auditors thereon | Ordinary |
| 2. | To receive, consider and adopt the Audited Consolidated Financial Statements of theCompany for the Financial Year ended 31st March, 2021 together with the Report ofthe Auditors thereon | Ordinary |
| 3. | To appoint a Director in place of Mr. Vijendra Singh (DIN: 03537522), who retires byrotation and being eligible, offers himself for re-appointment. | Ordinary |
| 4. | Re-appointment of Mr. Atul Chaturvedi (DIN: 00175355) as Executive Chairman ofthe Company | Special |
| 5. | Re-appointment of Ms. Priyanka Mallick (DIN: 06682955) as an Independent Directorof the Company | Special |
| 6. | Payment of Remuneration to Independent Directors for FY 2020-21 | Ordinary |
| 7. | Issue of Redeemable Preference Shares (RPS) by conversion of Non-ConvertibleDebentures (NCDs); | Special |
| 8. | Approval for material related party transactions | Ordinary |
| 9. | Ratification of remuneration of Cost Auditors | Ordinary |
| 10. | Approval for issue of equity shares through Qualified Institutions Placement (QIP) | Special |
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.
Chairman informed the shareholders that the consolidated results of remote e-voting and evoting conducted at the AGM would be declared on or before 6th September 2021. 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 11:55 a.m.
You are requested to take the above on record.
Thanking you,
,,
Yours faithfully, For Shree Renuka Sugars Limited