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Symphony Limited AGM Information 2018
60717_rns_2018-09-05_b7c7a85d-ce36-4232-b627-208b6ee5dd5c.pdf
AGM Information
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September 5, 2018
To, BSE Limited Security Code - 517385
NationalStock Exchange of lndia Limited Symbol - SYMPHONY
Sub. : Proceedings of31't Annual GeneralM€eting held on Friday, August 31,2018
Dear Sir,
ln continuance to our letters dated August 31, 2018, regarding outcome of31'r AnnualGeneral Meeting and announcement of votrng Results dated August 31,2018, we are submitting herewith the summary of proceedings of31"t AnnualGeneral Meeting ofthe Company.
The 31n Annual General Meeting was held on August 31, 2018 at 10:00 a.m.. at The ahmedabad Ma n ageme nt Assoclation, ATIRA Campus, Dr Vikram Sarabhai Marg, Ahmedabad - 380 015.
The meetingwas chaked by Mr AchalBakeri, Chakman and Managing 0irector ofthe Company
The Chairman welcomed the directors and members present at the meeting. Total 78 members were present either in person or through Authorised Representatives or as a proxy- One proxy consists of 2,23,851 shares was received.
The Chairman delivered his speech to the members. Thereafter, Mr Nrupesh Shah, Executive Dkector gave a corporate presentation to the members.
With the consent ofthe Members present at the meeting:
- The Notrce dated July 24, 2018 convening the 31'Annual General Meetjng was taken as read. (i)
- Audit Reports on standalone and consolidated financial statements dated May 22,2018 issued by Deloitte Haskins and Sells, Chartered Accountants were taken as read. (ii)
- Secretaria! Audit Report dated May 22, 2018 issued by SPANJ & Associates, PractisinB Company secretaries was taken as read. (iii)
The Chakman invited queries on the accounts from the Members. The queries of the members were suitably answered by Mr Achal Bakeri. Chairman and Managing Director and Mr Nrupesh Shah, Erecutive Director of the Company.
The Company had provided remote e-votinB facilities to all the shareholders holdinB shares as on cutoff date i.e. Friday, Algust 24, 2018, to cast theirvotes eledronically. Accordingly, remote e-votinB was kept open for four days i.e. from Friday, AuSust 27, 2018 (9:00 a-m.) to Thursday, August 30, 2018 (5:00 p.m.).
The Chairman informed that Shareholders who could not vote electronically may cast their votes by exercising their voting by ballot paper which was made available to them.
Objectives and implicatons of each agenda item mentioned in the Notice of 31! AGM were explained before putting them to vote atthe meeting.
Email lD: companvsecretarv(asvmohoovlimited.com
ORDINARY BUSINESS€S
| 1 | Adoption of (al Audited Standalone Financial Statement of the Company for the 6nancial year |
|---|---|
| ended on March 31,2018 andthe Reports ofthe Board ofDirectors and Auditors thereon;and (b) | |
| Audited Consolidated Financial Statement of the Company for the Financial year ended on March | |
| 31,2018 together with the Report of the Auditors thereon. | |
| 2 | Confirmation to payment ofthree interim dividends aSgregatrng to 13.00 per share and to declare |
| a final dividend of I 1.50 per share on equity shares for financialyear ended on March 31, 2018. | |
| 3 | Re-appointment of a Director in place of Mr. Nrupesh shah, who retires by rotation, and bein8 |
| eligible, offers himself for re-appointment. | |
| 4_ | Ratification of appointment ofAuditor and firation oftheir remuneration |
SPECIAL BUSINESS:
| 5 | Appointment of Mr Ashish Deshpande as an lndependent Director |
|---|---|
| 6 | Creahon of charge on assets of the Company including subsidiaries. |
The Chairman further informed that the Results of voting i.e. remote e-votinS and results of the ballot voting done at the 31n AGM alon8 with scrutinizers report shall be announced within 48 hours at the Registered Office of the Company and shall be displayed on the website of the Company, Stock Exchanges and Karvy Computershare Private Limited.
Kindly note that based on the consolidated repon of the Scrutinizers on remote e,votnS and Ballot VotinS, the Company has aheady notified results in the prescribed format under Re8ulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements) ReSulations, 2015 and also uploaded the same on the website of the Company.
This is in due compriance of arr the appricabre provisions of sEBr (Listing obrigations and Discrosure Requirements) ReSula6ons, 2015.
Thanking you,
Yours Truly,
For, Symphony Limlted
Mayur Barvadiya Company Secretary
Email lD: [email protected]