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Indowind Energy Ltd.

BSE: 532894 Sector: Infrastructure
NSE: INDOWIND ISIN Code: INE227G01018
BSE LIVE 19:40 | 19 Oct 6.33 0.02
(0.32%)
OPEN

6.35

HIGH

6.40

LOW

6.21

NSE 19:31 | 19 Oct 6.35 0.05
(0.79%)
OPEN

6.40

HIGH

6.50

LOW

6.25

OPEN 6.35
PREVIOUS CLOSE 6.31
VOLUME 12389
52-Week high 6.64
52-Week low 3.80
P/E 31.65
Mkt Cap.(Rs cr) 57
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 6.35
CLOSE 6.31
VOLUME 12389
52-Week high 6.64
52-Week low 3.80
P/E 31.65
Mkt Cap.(Rs cr) 57
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Indowind Energy Ltd. (INDOWIND) - Chairman Speech

Company chairman speech

To receive consider and adopt the Audited Financial Statements of the Company for thefinancial year ended March 312015 and the Reports of the Board of Directors and theAuditors thereon.

To appoint a Director in the place of Mr.Bala V. Kutti having DirectorIdentification No.00765036 who retires by rotation and being eligible offers himself forreappointment.

Appointment of Auditor.

To consider and if thought fit to pass with or without modifications the followingresolution as an ordinary resolution

“RESOLVED THAT pursuant to the provisions of sections 139142 and otherapplicable provisions if any of the Companies Act 2013(the Act) and the Companies(Audit and Auditors) Rules 2014 (the rules) (including any statutory modifications orre-enactments thereof for the time being in force) M/s.V.Ramaratnam&Co CharteredAccountants Chennai having ICAI firm registration no. 002956S who have offered themselvesfor re appointment and have confirmed their eligibility to be appointed as Auditors interms of provisions of section 141 of the Act and Rule 4 of the Rules be and are herebyre-appointed as statutory Auditors of the Company for the Company's financial year 2015-16to hold office from the conclusion of this Annual General Meeting of the Company until theconclusion of the next Annual General Meeting of the Company on such remuneration as maybe agreed upon by the Board of Directors and the Auditors in addition to service tax andre-imbursement of out of pocket expenses incurred by them in connection with the auditofAccounts of the Company.”

SPECIAL BUSINESS:

Re-appointment of Mr. K.S. RavindranathDIN No. 00848817 as Whole Time Director

To consider & if thought fit to pass with or without modifications the followingresolutions as special resolution.

“RESOLVED THAT pursuant to the provisions of Sections 196 197 and otherapplicable provisions of the Companies Act 2013 read with Schedule V to the Act and theArticles of Association and subject to such approvals as may be required consent of theCompany be and is hereby accorded for the re-appointment of Mr. K.S. Ravindranath (DINNo. 00848817) as the Whole time Director of the Company for the period of 3 years witheffect from 1.11.2015 to 31.10.2018 upon the terms and conditions set out in theExplanatory Statement annexed to the Notice convening this Annual General Meeting withauthority to the Board of Directors to alter and vary the terms and conditions of the saidappointment in such manner as may be agreed to between the Board of Directors and Mr. K.S.Ravindranath.”

“RESOLVED FURTHER THAT the Board or a Committee thereof be and is herebyauthorized to take all such steps as may be necessary properand expedient to give effectto this resolution.”

Appointment of Mr. T.S. Raghavan DIN No. 00446651 as an Independent Director

To consider & if thought fit to pass with or without modifications the followingresolutions as special resolution.

“RESOLVED THAT pursuant to provisions of Sections 149 and 152 read withSchedule IV and all otherapplicable provisions if any of the Companies Act 2013 and theRules 2014 (including any statutory modification(s) and re-enactment thereof for the timebeing in force) and Clause 49of the Listing Agreement Mr. T.S. Raghavan (holding DINNo. 00446651) be and is hereby appointed as an Independent Director of the Company tohold the office for 5 years up to the conclusion of the 25th Annual GeneralMeeting and that he shall not be liable to retire by rotation.” “RESOLVEDFURTHER THAT the Board or a Committee thereof be and is hereby authorized to take allsuch stepsas may be necessary proper and expedient to give effect to thisresolution.”

Appointment of Mr. Niranjan R. Jagtap DIN No. 01237606 as an Independent Director

To consider & if thought fit to pass with or without modifications the followingresolutions as special resolution.

“RESOLVED THAT pursuant to provisions of Sections 149 and 152 read withSchedule IV and all otherapplicable provisions if any of the Companies Act 2013 and theRules 2014 (including any statutory modification(s) and re-enactment thereof for the timebeing in force) and Clause 49 of the Listing Agreement Mr. Niranjan R. Jagtap(holding DIN No. 01237606) be and is hereby appointed as an Independent Director ofthe Company to hold the office for 5 years up to the conclusion of the 25thAnnual General Meeting and that he shall not be liable to retire by rotation.” “RESOLVEDFURTHER THAT the Board or a Committee thereof be and is hereby authorized to take allsuch steps as may be necessary proper and expedient to give effect to thisresolution.”

Appointment of Ms. ALICE CHHIKARA (DIN No. 00088920) as Director

To consider & if thought fit to pass with or without modifications the followingresolutions as special resolution.

“RESOLVED THAT pursuant to the provisions of Section 152 161 and any otherapplicable provisions of the Companies Act 2013 and any rules made thereunder read withSchedule IV to the Act Ms. Alice Chhikara (holding DIN No. 00088920) who wasappointed as an Additional Director of the Company by the Board of Directors w.e.f. July29 2015 and who holds office up to the date of this Annual General meeting and in respectof whom the Company has received a notice in writing from a member proposing thecandidature of Ms. Alice Chhikara for the office of the Director of the Company be andis hereby elected and appointed as an Non-Executive Director & Non-IndependentDirector whose period of office shall be liable to retire by rotation.”

“RESOLVED FURTHER THAT the Board or a Committee thereof be and is herebyauthorized to take all such steps as may be necessary properand expedient to give effectto this resolution.”