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Victoria Mills Ltd. AGM Information 2021
63225_rns_2021-09-22_96348a83-6c10-40f8-a1b3-3cbff6c8b0c0.pdf
AGM Information
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September 22, 2021
To, BSELimited Listing Department P.J. Towers, Dalal Street, Mumbai-400 001.
Scrip Code.: 503349
Subject: Gist of the Proceeding of the 108th Annual General Meeting ("AGM") ofT.he VictoriaMiUslimitedJteJd on Se.ptembe.r -22,.2021.
R,ef: Regulation 30 of SEBI (Listing Obligations and_ Disclosure Requirements) Regulation .2015
Dear Sir,
With reference to .the captioned subject, we would like to inform you that the 108th Annual General Meeting was held today at 11.00 a.m. through Video Conferencing (VC) or Other Audio Visual Means (OA VM) ("hereinafter referred to as "electronic mode"). A copy of the summary of the 108th Annual General Meeting as required under Regulation 30 of S.EBI (Listing Obligation and Disclosure Requirements) Regulation 2015 is enclosed.
The AGM was conclude at ll.25 A.M.
Kindly take the above information in your record.
Thanking y OU.
The Victoria Mills Limited
Registered Office Victoria House, Pandurang Budhkar Marg, Lower Parel, Mumbai - 4bO 013. Phone: +91-22-24971192193 Fax: +91-22-24971134 Email: [email protected] Website : www.victoriamills.in CIN : L 1711OMH1913PLC000357
Gist of the Proceedings of 108th Annual General Meeting of The Victoria Mills Limited -:::::="'
- Day, Date and Time of the AGM: Wednesday~ 22.09...2021at1 LOO AM.
- •· Mode of the AGM: Video Conferencing (VC) or Other Audio-Visual Means (OA VM)
- Chairperson of Meeting: Mr. Aditya Mangaldas, Chairman and Managing Director
- Whether the requisite quorwn was prese.nt: YES
After declaring the quorum to be present, the Chairman called the meeting to order. He introduced the Board of Directors to the members and welcomed the Members to the 1081h Annual General Meeting of the Company.
The Chairman took the consent of the members present at the Meeting, the Audited financial statements comprising of Balance Sheet as on 31st March 2021, statement of Pro.fit and Lo.s.s Account and Cash flow .statement for the year ended 31.st March 2021 together with the notes forming part thereof: and the Consolidated financial statements for the financial year ended 3 l st March, 2021, the Auditor's Report and Director's Report as rea~ considered and adopted. ·.
Further the notice of the meeting was considered and taken as read.
The Chairperson informed that the Statutory Audito.rs' Report does not have any qualifications, observations or comments on financial transactions or matters which have any adverse effect on the functioning of the Company.
The Chairperson then informed the members present, that the Company, in accordance with the Companies Act, 2013 & SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, had provided facility to all the members as on September 15, 2021 ("the Cut-off Date") to exercise their votes on the items of business given in the Notice through remote electronic voting system (remote evoting) provided by the Link Intime India Private Limited. The remote e-votingperiod opened on Sunday, September 19, 2021 at 10.00 A.M. (IST) and concluded on. Tuesday, September 21, 2021 at 5.00 P.M. (!ST). The Chairperson further informed the Shareholders the availability of e-voting system during the AGM for those present in the meeting and who have not cast their votes through remote e-voting.
Thereafter, the Chairperson addressed the Members and delivered his speech.
The Chairperson thereafter moved on to the agenda items as per the notice and then invited the members who had registered themselves as speakers to ask questions or express their views.
Thereafter, Chairperson informed about the appointment of Scrutinizer CS Nilesh Shah, partner of Nile.sh Shah & Associates, Practising Company Secretary as the Scrutinizer for remote e-voting under Section 108 of the Companies Act, 2013 and also for the e-voting system during the AGM.
The Victoria Mills Limited . .
Registered Office Victoria House, Pandurang Budhkar ~arg,. Lo~er Parel, M~mba1·400 013. Phone: +91·22·24971192/93 Fax: +91·22-24971134 Email: [email protected] Website: www.victoriamills.in CIN: L17110MH1913PLC000357
The Chairperson announced that the voting results for the aforesaid resolutions would he declared within 48 hours of the conclusion of AGM on receipt of the Scrutinizer's report and the Results/ .Scrutinizer's report will be placed on the Company website and also be forwarded to the Stock Exchange' s in compliance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Chairperson further instructed that the e-voting window shall remain open for another 15 minutes and thereafter the proceeding of the AGM shall stand concluded and requested the members who had not already cast their vote to cast the same within the said time.
The Chairperson thanked the Members for attellding and partic.ipating in the Meeting.
Following Business transacted at the meeting
- L Approval and Adoption of the Audited Financial Statements of the Company for the year ended 31st March, 2021 together with the reports of the Board of Direetor' s and Auditor's thereon
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- Declaration of Dividend on Equity Shares for the year ended 31st March, 2021
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- To re-appoint Mrs. Mamta Mangaldas (DIN; 00021078), as Director~ who retires by rotation and being eligible, offers herself for re-appointment.
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- To re-appointment ofMr. AdityaMangaldas (DIN: 00032233) as Managing Director of the Company for the period of three years w.e.f. 1st April 2021
The Victoria Mills Limited
Registered Office Victoria House, Pandurang Budhkar Marg, Lower Parel, Mumbai· 400 013. Phone: +91-22-24971192/93 Fax: +91·22·24971134 Email: [email protected] Website: www.victoriamills.in CIN: L17110MH1913PLC000357