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Shivagrico Implements Ltd.

BSE: 522237 Sector: Engineering
NSE: N.A. ISIN Code: INE092H01014
BSE LIVE 10:13 | 07 Sep 5.60 -0.26
(-4.44%)
OPEN

5.60

HIGH

5.60

LOW

5.60

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 5.60
PREVIOUS CLOSE 5.86
VOLUME 100
52-Week high 11.49
52-Week low 4.90
P/E
Mkt Cap.(Rs cr) 3
Buy Price 5.60
Buy Qty 100.00
Sell Price 0.00
Sell Qty 0.00
OPEN 5.60
CLOSE 5.86
VOLUME 100
52-Week high 11.49
52-Week low 4.90
P/E
Mkt Cap.(Rs cr) 3
Buy Price 5.60
Buy Qty 100.00
Sell Price 0.00
Sell Qty 0.00

Shivagrico Implements Ltd. (SHIVAGRICOIMPL) - Chairman Speech

Company chairman speech

To receive consider and adopt the Audited Financial Statements of the Company for thefinancial year ended 31st March 2015 including the audited Balance sheet as at31st March 2015 and the statement of Profit & Loss Account of the Companyfor the year ended as on that date and the Report of the Board of Directors and Auditorsthereon.

To appoint a Director in place of Mr. Hemant Ranawat (DIN: 00194870) who retire byrotation and being eligible offers himself for re-appointment.

To ratify the appointment of M/s. Sanghvi Sanghvi & Sanghvi as Auditors of theCompany for the Financial Year 2015-16 and to fix their remuneration

“RESOLVED THAT p ursuant to section 139 142 and other applicable provisionsof the Companies Act 2013 and the Companies (Audit and Auditors) Rules 2014 includingany statutory modification(s) or re-enactment(s) thereof for the time being in forcepursuant to the recommendations of the Audit Committee of the Board of Directors andpursuant to the resolution passed by the members at the AGM held on 11thSeptember 2014 the appointment of M/s. Sanghvi Sanghvi & Sanghvi CharteredAccountants (Registration No. 109138W) as the auditors of the Company to hold office untilthe conclusion of the 38th Annual General Meeting of the Company be and ishereby ratified and that the Board of Directors be and is hereby authorized to fix theremuneration and reimbursement of actual out of pocket expenses incurred by them for thepurpose of audit for the financial year ending March 31 2016.”

SPECIAL BUSINESS:

To consider and if thought fit to pass the following resolution as an OrdinaryResolution:

“RESOLVED THAT pursuant to the provisions of Section 148 and other applicableprovisions of the Companies Act 2013 and the Companies (Audit and Auditors) Rules 2015(including any statutory modification(s) or reenactment thereof for the time being inforce) and subject to such guidelines and approval as may be required from the CentralGovernment the Cost Auditors appointed by the Board of Directors of the Company viz.M/s. Chittora & Co. Cost Accountants (Regd. No 00038) C-77 Shyam Apartment sarojiniMarg C-Scheme Jaipur- 302001-(Rajasthan) to conduct the audit of the cost records of theCompany for the financial year ending March 31 2016 be paid a remuneration of Rs. 7500/-(Rupees Seven Thousand Five Hundred Only) plus Service Tax as applicable.

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

Appointment of Ms. Manju Singhvi as an Independent Director of the Company

To consider and if thought fit to pass the following resolution as an OrdinaryResolution:

“RESOLVED THAT pursuant to the provisions of Section 161 and other applicableprovisions (including any modification or re-enactment thereof) if any of the CompaniesAct 2013 Ms. Manju Singhvi who was appointed as an Additional Director in the meeting ofthe Board of Directors held on 31st March 2015 and whose term expires at theensuing Annual General Meeting of the company and for the appointment of whom the Companyhas received a notice in writing under Section 160 of the Companies Act 2013 proposingher candidature for the office of the Director be and is hereby appointed as a Director ofthe Company whose period of office will be liable to determination by retirement ofdirectors by rotation”.

“RESOLVED FURTHER THAT pursuant to the provisions of sections 149 150 152read with Schedule IV and all other applicable provisions of the Companies Act 2013 andthe Companies (Appointment and Qualifications of Directors) Rules 2014 (including anystatutory modification(s) or re-enactment thereof for the time being in force) Ms. ManjuSinghvi who was appointed as a Director liable to retire by rotation and in respect ofwhom the Company has received a notice in writing under Section 160 of the Companies Act2013 from a member be and is hereby appointed as an Independent Director of the Companyto hold office for a term upto the conclusion of the 40th Annual GeneralMeeting of the Company in the calendar year 2019.”

RESOLVED FURTHER THAT the Board of Directors of the Company be and arehereby severally authorized to do all the acts deeds and things which are necessary togive effect to the above said resolution.”

For Shivagrico Implements Limited

Sd/-

Vimalchand Jain

Chairman

DIN: 00194574

Address:

1802 18th Floor

The Majestic Anna Saheb Patil Marg

Khed Gully X Lane Sayani Road

Prabhadevi Mumbai 400 025.

Place: Mumbai

Date: 30th May 2015