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Salguti Industries Ltd.

BSE: 526554 Sector: Industrials
NSE: N.A. ISIN Code: INE159C01012
BSE LIVE 15:00 | 20 Sep 13.80 -0.70
(-4.83%)
OPEN

13.80

HIGH

13.80

LOW

13.80

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 13.80
PREVIOUS CLOSE 14.50
VOLUME 600
52-Week high 27.60
52-Week low 13.80
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 13.80
Sell Qty 58.00
OPEN 13.80
CLOSE 14.50
VOLUME 600
52-Week high 27.60
52-Week low 13.80
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 13.80
Sell Qty 58.00

Salguti Industries Ltd. (SALGUTIINDUSTRI) - Chairman Speech

Company chairman speech

NOTICE TO THE SHAREHOLDER

NOTICE is hereby given that the Twenty Eighth Annual General Meeting of the Members ofthe company will be held on Thursday, the 26th day of September, 2013 at 12.30P.M. at Sundaraiah Vignana Kendram, (Mini Hall) Bagh Lingampalli, Hyderabad - 500 044 toconsider the following Business:

ORDINARY BUSINESS

1. To receive, consider and adopt the Audited Balance Sheet as on 31stMarch, 2013 and Audited Profit and Loss Account for the year ended on that date togetherwith the Director’s Report and Auditor’s Report.

2. To appoint a Director in place of Smt. S. Rajitha Reddy, who retires by rotation andbeing eligible offers herself for re-appointment.

3. To appoint a Director in place of Sri C. Karunakar, who retires by rotation andbeing eligible offers himself for re-appointment.

4. To re-appoint M/s. P. Murali & Co., Chartered Accountants, Hyderabad asStatutory Auditors of the Company and to fix their remuneration.

SPECIAL BUSINESS

5. To Consider, and if thought fit, to pass with or without modification(s), thefollowing resolution as Ordinary Resolution

Appointment of Mr. Draksharam Nagaraj as Director of the Company

"RESOLVED THAT Mr. Draksharam Nagaraj, who was appointed by the Board of Directorsas an Additional Director with effect from 4th October 2012 and who holds the office ofDirector up to the date of this Annual General Meeting of the Company in terms of Section260 of the Companies Act, 1956 and in respect of whom the Company has received a notice inwriting from a Member under Section 257 of the Companies Act, 1956 proposing hiscandidature for the office of the Director of the Company, be and is hereby appointed as aDirector of the Company liable to retire by rotation."

RESOLVED FURTHER THAT any one of the Directors be and is hereby authorized to take allsuch steps as may be necessary, proper or expedient to give effect to thisresolution".

6. To Consider, and if thought fit, to pass with or without modification(s), thefollowing resolution as Ordinary Resolution

Appointment of Mr. S. Prajwal Reddy as Director of the Company

"RESOLVED THAT Mr. S. Prajwal Reddy, who was appointed by the Board of Directorsas an Additional Director with effect from 1st April 2013 and who holds the office ofDirector up to the date of this Annual General Meeting of the Company in terms of Section260 of the Companies Act, 1956 and in respect of whom the Company has received a notice inwriting from a Member under Section 257 of the Companies Act, 1956 proposing hiscandidature for the office of the Director of the Company, be and is hereby appointed as aDirector of the Company liable to retire by rotation."

RESOLVED FURTHER THAT any one of the Directors be and is hereby authorized to take allsuch steps as may be necessary, proper or expedient to give effect to thisresolution".

BY THE ORDER OF BOARD OF DIRECTORS
for M/s.SALGUTI INDUSTRIES LIMITED
S.VISHNU VARDHAN REDDY
MANAGING DIRECTOR
PLACE : HYDERABAD
DATE : 29th August, 2013