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G R Cables Ltd.

BSE: 517564 Sector: Engineering
NSE: N.A. ISIN Code: INE769B01010
BSE LIVE 13:42 | 04 Sep Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 0.31
PREVIOUS CLOSE 0.32
VOLUME 1000
52-Week high 0.93
52-Week low 0.31
P/E
Mkt Cap.(Rs cr) 1
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.31
Sell Qty 4000.00
OPEN 0.31
CLOSE 0.32
VOLUME 1000
52-Week high 0.93
52-Week low 0.31
P/E
Mkt Cap.(Rs cr) 1
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.31
Sell Qty 4000.00

G R Cables Ltd. (GRCABLES) - Chairman Speech

Company chairman speech

Notice is hereby given that the 24th Annual General Meeting of G.R.Cables Limited willbe held on Wednesday

September 30 2015 at 11.00 a.m. at Navodaya Colony Welfare association Hall NavodayaColony Gudimalkapur Mehidipatnam Hyderebad-500 028 to transact the following business:

ORDINARY BUSINESS

1 The receive consider and adopt the Profit & Loss Account for the year endedMarch 31 2015 and Balance Sheet as on that date together with Cash Flow Statement and theReports of the Directors and the Auditors thereon.

2. To appoint a Director in the place of Mr. G.V.B.R.Reddy (DIN: 01498279) who retiresby rotation being eligible offers himself for re-appointment.

3. To consider and if thought fit to pass with or without modification(s) thefollowing resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of Section 139 and other applicableprovisions if any of the Companies Act 2013 and the rules framed thereunder as amendedfrom time to time M/s. Srinivas P & Associates Chartered Accountants (Firm Reg. No.006987S) be and are hereby appointed as Statutory Auditors of the Company to hold officefrom the conclusion of this Annual General Meeting (AGM) up to the conclusion of 27th AGMof the Company to be held in the calendar year 2018 (subject to ratification of theirappointment at every AGM) on such remuneration (including fees for certification) andreimbursement of out of pocket expenses for the purpose of audit as may be fixed by theBoard of Directors of the Company on the recommendation of the Audit Committee."SPECIAL BUSINESS

4. To consider and if thought fit to pass the following Resolution with or withoutmodification(s) the following resolution as Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of Sec 196 197 198 203 and otherapplicable provisions of the Companies Act 2013 read with Schedule V thereof as amendedup to date the consent of the Company be and is hereby accorded for appointment of Mr.G.V.B.R.Reddy (DIN: 01498279) as Whole-time Director of the Company for a period of fiveyears with effect from August 14 2015 without any remuneration as earlier and with thefollowing perquisites.

i. Provision for use of chauffeur Driven Car

ii Company shall provide Telephone or reimburse telephone expense at residence forlocal and long distance official calls.

FURTHER RESOLVED THAT the Board be and is hereby authorized to do all the acts and takeall such steps as may be necessary proper or expedient to give effect to thisResolution."

5. To consider and if thought fit to pass the following Resolution with or withoutmodification(s) the following resolution as Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of section 149 152 and any other

applicable provisions of the Companies Act 2013 and the rules made there under(including any statutory modifications or reenactments thereof for the time being inforce) read with Schedule IV to the Companies Act 2013 Dr. S.R.Govinda Rajan (DIN:00826169) Director of the Company who has submitted a declaration that he meets thecriteria for independence as provided in Section 149(6) of the Act in respect of whom theCompany has received a notice in writing from a member proposing his candidature for theoffice of director be and is hereby appointed as an independent director of the Companyto hold office for five consecutive years for a term up to 2020 from the date of thismeeting."

6. To consider and if thought fit to pass the following Resolution with or withoutmodification(s) the following resolution as Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of section 149 152 and any otherapplicable provisions of the Companies Act 2013 and the rules made there under (includingany statutory modifications or reenactments thereof for the time being in force) read withSchedule IV to the Companies Act 2013 Mr. P.Ramesh Babu (DIN: 01525868) Director of thecompany who has submitted a declaration that he meets the criteria for independence asprovided in Section 149(6) of the Act in respect of whom the Company has received a noticein writing from a member proposing his candidature for the office of director be and ishereby appointed as an independent director of the Company to hold office for fiveconsecutive years for a term up to 2020 from the date of this meeting."

7. To consider and if thought fit to pass with or without modification(s) thefollowing resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of section 149 152 and any otherapplicable provisions of the Companies Act 2013 and the rules made there under (includingany statutory modifications or reenactments thereof for the time being in force) read withSchedule IV to the Companies Act 2013 Mr. A.Ranganayakulu (DIN: 03436445) who wasappointed as an Additional Director pursuant to the provisions of Section 161(1) of theCompanies Act 2013 and the Articles of Association of the Company and who holds office upto the date of this Annual General Meeting and in respect of whom the Company has receiveda notice in writing under Section 160 of the Companies Act 2013 from a member proposingher candidature for the office of Director be and is hereby appointed as an IndependentDirector of the Company to hold office for 5 (Five) consecutive years for a term up to2020 from the date of this meeting."

By Order of Board of Directors
For G.R. Cables Limited
Place : Hyderabad G.R. Reddy
Date : 14.08.2015 Managing Director