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Photoquip India Ltd.

BSE: 526588 Sector: Consumer
NSE: N.A. ISIN Code: INE813B01016
BSE LIVE 15:14 | 23 Nov 21.80 0.85
(4.06%)
OPEN

21.80

HIGH

21.80

LOW

21.80

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 21.80
PREVIOUS CLOSE 20.95
VOLUME 25
52-Week high 25.45
52-Week low 14.00
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 20.95
Sell Qty 7000.00
OPEN 21.80
CLOSE 20.95
VOLUME 25
52-Week high 25.45
52-Week low 14.00
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 20.95
Sell Qty 7000.00

Photoquip India Ltd. (PHOTOQUIPINDIA) - Chairman Speech

Company chairman speech

NOTICE is hereby given that the 23rd Annual General Meeting (AGM) of theMembers of PHOTOQUIP INDIA LTD. will be held on Monday 28th September2015 at 3:00 P.M. at the Registered Office of the Company at A-33 Royal Industrial EstateNaigaon Cross Road Wadala (E) Mumbai 400 031 to transact the following business:

ORDINARY BUSINESS

1. To receive consider and adopt the Audited Balance Sheet as at 31st March2015 the Profit and Loss Account for the year ended on that date and the Reports of theDirectors and Auditors thereon.

2. To appoint a director in place of Mr. Dhaval J. Soni (DIN: 00751362) whose periodof office is not liable to determination for retirement of directors by rotation under theerstwhile provisions of the Companies Act 1956 but who pursuant to provisions of Section152 of the Companies Act 2013 is liable to retire by rotation being eligible offershimself 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 the appointment of M/s. Mayank Shah and AssociatesChartered Accountants (Firm Registration No. 106109W) the Statutory Auditors to holdoffice from the conclusion of this AGM until the conclusion of the next AGM of the Companyto be held in the year 2016 on a remuneration of as may be determined by the Board ofDirectors.

"RESOLVED FURTHER THAT the Board of Directors of the Company be and is herebyauthorized to do all acts and to take all such steps as may be necessary proper orexpedient or desirable to give effect to this resolution."

SPECIAL BUSINESS

4. To consider and if thought fit to pass with or without modification(s) thefollowing as an Ordinary Resolution Resolved that pursuant to the provisions of sections149 152 161 read with Schedule IV and any other applicable provisions if any of theCompanies Act 2013 and the rules framed there under (including any statutorymodification(s) or re-enactment thereof for the time being in force) and pursuant toClause 49 of Listing Agreement including any modification or amendment thereof Mrs. AnjuD. Soni (DIN: 01006316) who was appointed as an additional director by the board ofdirectors of the Company and who holds office up to the date of this annual generalmeeting and in respect of whom the company has received a notice pursuant to theprovisions of Section 160 of the Companies Act 2013 from a member signifying hisintention to propose Mrs. Anju Soni as candidate for the office of director of thecompany be and is hereby appointed as a Director of the Company liable to retire byrotation."

5. To consider and if thought fit to pass with or without modification(s) thefollowing as an Ordinary Resolution "RESOLVED THAT pursuant to the provisionsof Sections 149 150 152 and any other applicable provisions of the Companies Act 2013and the rules made thereunder (including any statutory modification(s) or re-enactmentthereof for the time being in force) read with Schedule IV to the Companies Act 2013 andthe Listing Agreement entered into with the Stock Exchanges Mr. Mohib N. Khericha (DIN:00010365) Director of the Company who was liable to retire by rotation under theerstwhile provisions of the Companies Act 1956 at the Annual General Meeting and inrespect of whom the Company has received a notice pursuant to the provisions of Section160 of the Companies Act 2013 from a member proposing his candidature for the office ofdirector be and is hereby appointed as an Independent Director of the Company whose termshall not be subject to retirement by rotation to hold office for 4 (four) consecutiveyears from the date of this AGM till the date of the 27th AGM of the Company inthe calendar year 2019."

6. To consider and if thought fit to pass with or without modification(s) thefollowing as Ordinary Resolution "RESOLVED THAT pursuant to the provisions ofSections 149 150 152 and any other applicable provisions of the Companies Act 2013 andthe rules made thereunder (including any statutory modification(s) or re-enactment thereoffor the time being in force) read with Schedule IV to the Companies Act 2013 and theListing Agreement entered into with the Stock Exchanges Mr. Mohan M. Jayakar (DIN:00925962) Director of the Company who was liable to retire by rotation under theerstwhile provisions of the Companies Act 1956 at the Annual General Meeting and inrespect of whom the Company has received a notice pursuant to the provisions of Section160 of the Companies Act 2013 from a member proposing his candidature for the office ofdirector be and is hereby appointed as an Independent Director of the Company whose termshall not be subject to retirement by rotation to hold office for 4 (four) consecutiveyears from the date of this AGM till the date of the 27th AGM of the Company inthe calendar year 2019."

7 To consider and if thought fit to pass with or without modifications thefollowing resolution as an Ordinary Resolution: "RESOLVED THAT pursuant to theprovisions of Sections 149 150 152 and any other applicable provisions of the CompaniesAct 2013 and the rules made thereunder (including any statutory modification(s) orre-enactment thereof for the time being in force) read with Schedule IV to the CompaniesAct 2013 and the Listing Agreement entered into with the Stock Exchanges Dr. Vishnu J.Acharya (DIN: 01508749) Director of the Company who was liable to retire by rotationunder the erstwhile provisions of the Companies Act 1956 at the Annual General Meetingand in respect of whom the Company has received a notice pursuant to the provisions ofSection 160 of the Companies Act 2013 from a member proposing his candidature for theoffice of director be and is hereby appointed as an Independent Director of the Companywhose term shall not be subject to retirement by rotation to hold office for 4 (four)consecutive years from the date of this AGM till the date of the 27th AGM ofthe Company in the calendar year 2019."

8. To consider and if thought fit to pass with or without modification(s) thefollowing resolution as a Ordinary resolution: "RESOLVED THAT pursuant to theprovisions of section 149 152 196 197 read with Schedule V and other applicableprovisions if any of the Companies Act 2013 and rules made there under (including anystatutory modification(s) or re-enactment thereof for the time being in force) and inpartial modification to the Ordinary resolution passed at the 22nd AnnualGeneral Meeting held on 30th September 2014 the approval of the Company beand is hereby accorded to vary the terms of appointment of Mr. Dhaval J. Soni (DIN:00751362) Whole-time Director of the company who was appointed as a non-retiringdirector in terms of the erstwhile provisions of the Companies Act 1956 by making hisoffice liable to retire by rotation and that the said retirement by rotation shall not beconstrued as break in terms of his appointment".

"RESOLVED FURTHER THAT all other terms and conditions as mentioned in theordinary resolution passed at the 22nd Annual General Meeting held on 30thSeptember 2014 in relation to the appointment of Mr. Dhaval J. Soni the Whole TimeDirector of the Company shall remain unchanged." "RESOLVED FURTHER THAT theBoard of Directors of the company be and is hereby authorised to do all such acts deedsmatters or things as may be considered necessary appropriate expedient or desirable togive effect to this resolution."

Registered Office: By Order of the Board
A-33 Royal Industrial Estate
Naigaon Cross Road
Wadala Mumbai – 400031
Place : Mumbai Jayant P. Soni
Date : 30th May 2015 Chairman & Managing Director