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Tirupati Forge Limited AGM Information 2021
61009_rns_2021-09-28_80bcd75e-d826-496d-b34a-88d016b2603d.pdf
AGM Information
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Works & Regd. Office:
Survey No. 92/1, Nr. Shan Cement, Hadamtala Industrial Area, N.H. - 27, Vill.: Hadamtala, Tal.: Kotdasangani, Dist. Rajkot - 360 311. (Gujarat)
Tele. $\div$ +91 - 2827-270512 E-mail : [email protected] Web : www.tirupatiforge.com CIN No. L27320GJ2012PLC071594
September 28, 2021
To,
Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G - Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Symbol:TIRUPATIFL Series :EQ
Dear Sir/Madam,
Subject: Proceedings of 9th (Ninth) Annual General Meeting pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure requirements) Regulations, 2015
Pursuant to regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are hereby enclosing the proceedings of 9th (Ninth) Annual General Meeting of the members of the Company which was held on Tuesday, September 28, 2021 at 12:00 P.M. at the registered office of the Company situated at Plot No. 1-5, Survey No. 92/, Near Shan Cement, Hadamtala Industrial Area, Taluka: Kotda Sangani, Hadamtala, Rajkot - 360 311, Gujarat, India.
Kindly take the same on your records.
Thanking you,
Yours Faithfully,
Vm. maliser
For, Tirupati Forge Limited
Vivek M. Moliya Company Secretary & Compliance Officer
$\approx$ (HADMATALA
Works & Read, Office: Survey No. 92/1, Nr. Shan Cement, Hadamtala Industrial Area, N.H. - 27, . Vill.: Hadamtala, Tal.: Kotdasangani, Dist. Rajkot - 360 311. (Gujarat)
Tele. $\therefore$ +91 - 2827-270512 E-mail: [email protected] Web : www.tirupatiforge.com CIN No. L27320GJ2012PLC071594
Summary of Proceeding of 9th Annual General Meeting of the Members of the Company
The 09th Annual General Meeting(AGM) of the Members of the Company was held on Tuesday, September 28, 2021 at 12:00 P.M. at the Registered office of the Company situated at Plot No. 1-5, Survey No. 92/, Near Shan Cement, Hadamtala Industrial Area, Taluka: Kotda Sangani, Hadamtala, Rajkot - 360 311, Gujarat, India.
Directors in attendance:
Following Directors and Key Managerial Personnel of the Company were attended the Annual General Meeting:
| Sr.No. | Name of Director & KMP | Designation |
|---|---|---|
| Mr. Hiteshkumar G. Thummar | Chairman and Managing Director | |
| $\overline{2}$ | Mr. Bhavesh Barasiya | Whole Time Director |
| 3 | Mrs. Darshna Thummar | Non Executive and Non-IndependentDirector |
| $\overline{4}$ | Mr. Sachin Ravani | Non Executive and Independent Director |
| 5 | Mr. Atul L. Natu | Chief Financial Officer |
| 6 | Mr. Vivek M. Moliya | Company Secretary & Compliance Officer |
Chairmen of the Committees present at the meeting:
| Sr.No. | Name of Director Designation | |
|---|---|---|
| Mr. Sachin Ravani Chairman of Nomination & Remuneration Committee | ||
| Chairman of Stakeholder Relationship Committee | ||
| Mr. Hiteshkumar | Chairman of CSR Committee | |
| G. Thummar |
Other Representatives:
M/s. Maharishi & Co. (FRN: 124872W) Chartered Accountant, Jamnagar, Statutory Auditors of the Company was present in the meeting.
CS Piyush Jethva, Practicing Company Secretary, Rajkot, Secretarial Auditor was present in the meeting.
Mr. Hiteshkumar Thummar, Chairman, managing Director occupied the chair
Works & Read. Office: Survey No. 92/1, Nr. Shan Cement, Hadamtala Industrial Area, N.H. - 27. Vill.: Hadamtala, Tal.: Kotdasangani, Dist. Rajkot - 360 311. (Gujarat)
Tele. : +91 - 2827-270512 E-mail: [email protected] Web : www.tirupatiforge.com CIN No. L27320GJ2012PLC071594
The requisite quorum being present, the Chairman called the meeting to order. The quorum was present throughout the meeting. The Chairman delivered his speech to the shareholders.
The Chairman welcomed all the members present at the Annual General Meeting. Then he introduced Directors of the Company, Statutory Auditors and Secretarial Auditors of the Company present at the meeting. He informed that Mr. Ramesh Patel and Mr. Anand Mohan Shrivastava - Independent Directors conveyed their inability to attend the meeting due to their pre-occupation and send their greetings for the Shareholders of the Company.
The Chairman further informed the members that the necessary registers pursuant to the Companies Act, 2013 and documents mentioned in the Notice calling 9th Annual General Meeting of the Company are open and available for inspection.
With the consent of all the Members present, the Notice of AGM with the Board's Report, Audited Annual Accounts and other related reports were taken as read.
The Chairman informed the Shareholders that in accordance with the provisions of Section 108 of the 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 to the Members the facility to exercise their right to vote at the 9th Annual General Meeting by remote e-voting from Saturday, 25th September, 2021(9:00 a.m.) till Monday, 27th September, 2021(5:00 p.m.). The facility for voting through e-voting/poll (ballot paper) was available for such members who were present at the meeting but have not cast their votes by remote e-voting. It was further informed that there would be no voting by show of hands.
The Chairman then invited the queries from the Members of the Company on the Financial Statement and other agendas of the Meeting. Queries raised by the Members was addressed by Mr. Hiteshkumar G. Thummar, (Chairman and Managing Director), Mr. Atul Natu (Chief Financial Officer) and CS Vivek M. Moliya (Company Secretary and Compliance officer).
He further introduced CS Piyush Jethva, Practising Company Secretary, who was appointed as a scrutinizer for the purpose of scrutinizing the remote e-voting and ballot voting process at the venue of the AGM.
The Members was further informed that the facility for voting through ballot paper was made available at the Meeting for the Members attending the Meeting and who have not casted their vote by remote e-voting. CS Vivek M. Moliya further instructed members that the members were required to put their Ballot paper, duly filled up and signed, in the Ballot Box.
Works & Regd. Office: Survey No. 92/1, Nr. Shan Cement, Hadamtala Industrial Area, N.H. - 27, Vill.: Hadamtala, Tal.: Kotdasangani, Dist. Rajkot - 360 311. (Gujarat)
Tele. : +91 - 2827-270512 E-mail: [email protected] Web : www.tirupatiforge.com CIN No. L27320GJ2012PLC071594
The following items discussed and voted by members through ballot paper at AGM and remote e-voting facility provided by the Linkintime:
| Sr. | Details of Resolution | Resolution | ||
|---|---|---|---|---|
| No. | Type | |||
| ORDINARY BUSINESS | ||||
| $\overline{1}$ | To Receive, Consider and adopt the financial Statementincluding Audited Balance Sheet as on 31st March 2021and Profit & Loss Account for the year ended on that dateand reports of Board of Directors and Auditor thereonand Cash Flow Statement and other various scheduleprescribed under the Companies Act, 2013. | Ordinary | ||
| $\overline{2}$ | To appoint a Director in place of Smt. DarshnaHiteshbhai Thummar, Non-Executive Director [DIN:07869257], who retires by rotation and being eligible,offers herself for reappointment. | Ordinary | ||
| Special Business | ||||
| $\overline{3}$ | To Approve Requests Of Reclassification From 'PromoterOrdinaryAnd Promoter Group' Category To 'Public' Category. | |||
| $\overline{\mathbf{r}}$ | To Sub-Division of Equity Shares From The Face Value OfOrdinaryRs. 10/- Each To Face Value Of Rs. 2/- Per Share. | |||
| $\overline{5}$ | To Consider And Approve Increase Authorised ShareCapital And Alteration Of Capital Clause Of TheMemorandum Of Association Of The Company | Ordinary | ||
| $\underline{6}$ | To ISSUE OF BONUS SHARES | Ordinary |
The Chairman announced that the combined results of e-voting and voting at the AGM venue will be announced/ displayed through the website of the Company (www.tirupatiforge.com) and the website of Linkintime (www.instavote.com) within prescribed time and the results shall also be intimated to National Stock Exchange of India Ltd.
No other business was transacted at the meeting and therefore the meeting was concluded at 01:30 P.M. with a vote of thanks to the Chair.
For, Tirupati Forge Limited OR
Vm, molife
Vivek M. Moliya Company Secretary & Compliance Officer ICSI Membership No.: A62092
HADMATAI
Works & Regd. Office: Survey No. 92/1, Nr. Shan Cement, Hadamtala Industrial Area, N.H. - 27,Vill.: Hadamtala, Tal.: Kotdasangani, Dist. Rajkot - 360 311. (Gujarat)
Tele. : +91 - 2827-270512 E-mail: [email protected] Web : www.tirupatiforge.com CIN No. L27320GJ2012PLC071594
Brief Profile of Director appointed under Regulation 36 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SS-2 as prescribed by ICSI.
| Sr.No. | Particulars | Information |
|---|---|---|
| 01 | Name of Director | Smt. Darshna Hiteshbhai Thummar |
| 02 | DirectorIdentificationNumber | 07869257 |
| 03 | CategoryofDirectorship | Promoter Non Executive |
| 04 | Date of Birth | 29/12/1985 |
| 05 | BriefResumeofDirector | Smt. Darshna Hiteshbhai Thummar is engagedwith the Company since 31 st July, 2017. She isGraduate from Saurashtra University. He ishaving work Experience of more than 05 Yearsin the Forging Industry. |
| 06 | Nature of his expertisein specific functionalareas | She is the engaged in strategic Management ofour Company and has been instrumental inhandling Human Resource Management of ourCompany. |
| 07 | Disclosureofrelationships betweenDirectors inter-se | Shri. Hiteshkumar G. Thummar - Husband ofSmt. Darshana H. Thummar |
| 08 | Names of listed entitiesin which the personholdsthe.alsoDirectorship | Except Tirupati Forge Limited, she does not holddirectorship in any Listed Company. |
| 09. | Chairman/Memberofthe Committees of theBoard of Directors ofthe Company.# | Membership in Committee - 2Chairmanship in Committee - 0 |
$\approx$ (HADMATAL
Works & Regd. Office :Survey No. 92/1, Nr. Shan Cernent,Hadamtala Industrial Area, N.H. - 27,Vill.: Hadamtala, Tal. : Kotdasangani,Dist. Rajkot - 360 311. (Gujarat)
$\div$ +91 - 2827-270512 Tele. E-mail: [email protected] Web : www.tirupatiforge.com CIN No. L27320GJ2012PLC071594
| 10. | ofmembershipTheCommittees oftheboard · | 1. Audit Committee2. Nomination and Remuneration Committee3. Stakeholder Relationship Committee4. Complaints CommitteeforSexualHarassment Complaints Redressal |
|---|---|---|
| 11. | Disclosureof | She is not disqualified from being appointed as a |
| Disqualification | Director | |
| 12. | No. of Shares held in | 2,95,360 Shares |
| the Company as on 31 st | ||
| March, 2021 | ||
| 13. | Terms and conditions | Non-Executive Director, liable toretireby |
| appointment/re-for | rotation | |
| appointment | ||
| RemunerationsLast | NIL | |
| 14. | ||
| drawn | ||
| 15. | Number ofBoard | 11 |
| Meetings attended | ||
| during the year | ||
| 16. | Justificationfor | Not Applicable ® |
| choosingthe | ||
| Independent Director | ||
Audit Committee and Stakeholders Relationship Committee have been considered.
