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Simplex Castings Ltd. — AGM Information 2024
Sep 28, 2024
61924_rns_2024-09-28_a89ce879-e159-4590-b9c5-2eec668279b9.pdf
AGM Information
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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Date: 28.09.2024
To, To, The Secretary Calcutta Stock Exchange Department of Corporate Services Address: 7, Lyons Range, BSE Limited Dalhousie, Kolkata700001, PJ Towers, Dalal Street West Bengal Mumbai-400001 Scrip Code: 029066 Scrip Code: 513472
Sub: Submission of Summary of the Proceedings of the 44[th] Annual General Meeting ("AGM") of the Simplex Castings Limited ("the Company") held on Saturday, September 28, 2024 at 3:00 P.M.
Dear Sir,
The 44[th] Annual General Meeting ('AGM') of the Company was held on Saturday, September 28, 2024 at 03:00 P.M. (1ST) and concluded at 03:10 P.M. (1ST), through Video Conference (VC) / Other Audio-Visual Means (OAVM). In this regard, we are enclosing herewith the summary of the proceedings of 44[th] AGM pursuant to Regulation 30, read with Part A of Schedule - III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The same is also being made available on the website of the Company at www.simplexcastings.com.
Kindly take the above on your records and acknowledge.
Thanking You,
Yours faithfully,
For, Simplex Castings Limited
Digitally signed by SANGEETA SANGEETA KETAN SHAH KETAN SHAH Date: 2024.09.29 00:01:19 +05'30' Sangeeta K Shah Managing Director DIN: 05322039
OFFICE ADDRESS PHONE FAX E-MAIL Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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Summary of Proceedings of 44[th] Annual General Meeting of Simplex Castings Limited
The 44[th] Annual General Meeting (“AGM”) of the Members of the Company was held today i.e. Saturday, September 28, 2024 through Video Conferencing (VC)/ Other Audio - Visual Means (OAVM). The meeting commenced at 3.00 P.M and concluded at 3.10 P.M on the same day.
The meeting was held in compliance with the General Circulars issued by the Ministry of Corporate Affairs (MCA), Secretarial Standards-2 and circulars issued by the Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The following Directors were present in the AGM:
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Sr.No Name of the Director Designation
1. Mr. Ketan Moolchand Shah Whole Time Director
2. Mrs. Sangeeta Ketan Shah Managing Director
3. Mr. Champak Kalyanji Dedhia Independent Director & Chairperson of Audit
Committee, Nomination & Remuneration Committee,
Stakeholder Relationship Committee & CSR
Committee
4. Mr. Sajal Ghosh Executive Director
5. Mr. Shailesh Jain Independent Director
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In Attendance:
| Sr.No | Name of persons | Designation |
|---|---|---|
| 1. | Mr. Avinash Hariharno | Chief Financial Officer |
| 2. | Mrs. Akanksha Kotwani | Company Secretary & Compliance Officer |
| 3. | Mr. Rajdeep Singh representative of M/S APAS & CO LLP, Chartered Accountants |
Statutory Auditors |
| 4. | Mrs. Meena Naidu representative of M/S Meena Naidu & Associates |
Secretarial Auditors |
A total of 15 members of the Company attended the meeting.
At the commencement of the meeting, Mrs Sangeeta K Shah occupied the chair to conduct the SANGEET Digitally signed by SANGEETA proceedings of the meeting. The Chairperson extended a warm welcome to the shareholders and A KETAN KETAN SHAH Date: 2024.09.29 SHAH 00:02:47 +05'30'
OFFICE ADDRESS PHONE FAX E-MAIL Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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board members present.
The requisite quorum being present, the Chairperson called the Meeting to order.
Thereafter, Chairperson requested Mrs. Akanksha Kotwani Company Secretary & Compliance Officer to carry forward the proceedings of the Meeting.
Mrs. Akanksha Kotwani introduced the Directors and KMPs present at the meeting. All the Directors attended the Annual General Meeting except Ms Ushma Khabaria. Ms Ushma Khabaria, Independent Director has send her apologies for not being able to present in the meeting and sough for leave of absence.
It was announced that the Statutory Registers, as required under the Companies Act, 2013, and the documents that are required to be kept open in terms of the resolutions provided in the AGM Notice, were available for inspection of the Members electronically.
With the consent of the Members, the Notice convening the Meeting along with text of resolutions and explanatory statements were taken as received and read. Since, the Auditors' Report on the Financial Statements for the year ended 31st March, 2024, and Secretarial Audit Report did not have any qualifications, reservations, observations, adverse remarks or disclaimer, the same was not required to be read.
Thereafter, Mrs. Sangeeta Ketan Shah gave an insight about the business and financial performance of the Company, recent developments and business updates.
In terms of the Notice dated August 12, 2024, convening the 44th AGM of the Company, the following businesses were transacted at the Meeting.
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Ordinary Business:
Item Agenda Item Type of
No. Resolution
1. To consider and adopt the Audited Financial Statements for the financial Ordinary
year ended 31st March, 2024 and, in this regard, pass the following
resolutions as an Ordinary Resolutions.
2. To appoint a Director in place of Mr. Sajal Ghosh (DIN:10045814) who Ordinary
retires by rotation and being eligible offer himself for re-appointment.
3. Appointment of Harsh Jain & Associates, Chartered Accountants Ordinary
SANGE Digitally signed (Registration No. 007639C) as Statutory Auditors of the Company and to
ETA by SANGEETA KETAN SHAH fix their remuneration.
KETAN Date: 2024.09.29
SHAH 00:02:30 +05'30'
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OFFICE ADDRESS
PHONE FAX
Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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Special Business:
| Special Business: | Special Business: | Special Business: |
|---|---|---|
| Item No. |
Agenda Item | Type of Resolution |
| 4. | Ratification of Remuneration to Cost Auditor. | Ordinary |
| 5. | Re-appointment of Mrs. Sangeeta Ketan Shah (DIN: 05322039) as Managing Director. |
Special |
| 6. | Appointment of Ms. Indu Nagar (DIN: 09010427) as an independent director for a term of five consecutive years w.e.f. 1st October 2024. |
Special |
Mrs. Akanksha Kotwani further informed the members that pursuant to Section 108 of Companies Act 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided remote e-voting and voting through electronic voting system at the AGM to all its Members through CDSL and such remote e-voting facility had opened on Wednesday, September 25, 2024, at 09:00 A.M. (1ST) and closed on Friday, September 27, 2024 at 05:00 P.M. (1ST). Further, the Company had also provided the facility for e-voting during the AGM on all the resolutions to facilitate the Members who were attending the meeting and had not cast their votes earlier through remote e-voting.
She also informed that the Board of Directors of the Company had appointed M/s. Meena Naidu & Associates, Company Secretaries as the Scrutinizer to scrutinize the remote e-voting and e-voting during the meeting in a fair and transparent manner. She informed that the voting results shall be disseminated to Stock Exchanges and also be placed on the website of the Company.
The Chairman then concluded the meeting by thanking the Board of Directors and all the shareholders of the Company for their unwavering trust in the Company and acknowledged the persistent support of all the stakeholders of the Company.
The e-voting facility was kept open for the next 15 minutes to enable the Members to cast their votes. The meeting concluded at 3.10 p.m. (1ST) (excluding the time allowed for e-voting at AGM).
The Voting Results and Scrutinizers Report will be intimated in due course.
Digitally signed by Request you to take the above on record and oblige SANGEETA SANGEETA KETAN SHAH KETAN SHAH Date: 2024.09.29 00:02:04 +05'30' OFFICE ADDRESS PHONE FAX E-MAIL Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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Thanking you,
Yours faithfully,
For, Simplex Castings Limited
SANGEETA Digitally signed by SANGEETA KETAN SHAH KETAN SHAH Date: 2024.09.29 00:01:49 +05'30' Sangeeta K Shah Managing Director DIN: 05322039
OFFICE ADDRESS
PHONE FAX E-MAIL
Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]