You are here » Home » Companies » Company Overview » Visagar Financial Services Ltd

Visagar Financial Services Ltd.

BSE: 531025 Sector: Financials
NSE: N.A. ISIN Code: INE309H01020
BSE LIVE 13:15 | 22 Nov 0.71 0
(0.00%)
OPEN

0.71

HIGH

0.71

LOW

0.71

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 0.71
PREVIOUS CLOSE 0.71
VOLUME 1000
52-Week high 0.77
52-Week low 0.36
P/E
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 0.71
CLOSE 0.71
VOLUME 1000
52-Week high 0.77
52-Week low 0.36
P/E
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Visagar Financial Services Ltd. (VISAGARFINAN) - Chairman Speech

Company chairman speech

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

To appoint a Director in place of Mr. Pramod Goenka (DIN: 00869599) who retires byrotation and being eligible offers himself for re-appointment.

To appoint a Director in place of Mr. Tilokchand Kothari (DIN: 00413627) who retiresby rotation and being eligible offers himself for re-appointment.

To re-appoint M/s. Sudhir M Desai & Co. Chartered Accountants (Firm RegistrationNo. 125516W) Mumbai pursuant to the provisions of Section 139 of the Companies Act 2013as the Statutory Auditors of the Company to hold office from the conclusion of thisMeeting until the conclusion of the next Annual General Meeting and to fix theirremuneration and for that purpose to pass the following Resolution which will be proposedas an Ordinary Resolution with or without modifications(s):

"RESOLVED THAT pursuant to the provisions of Section 139 144 and other applicableprovisions if any of the Companies Act 2013 M/s. Sudhir M Desai & Co. CharteredAccountants (Firm Registration No. 125516W) Mumbai the retiring Statutory Auditors beand are hereby re-appointed as the Statutory Auditors of the Company to hold office fromthe conclusion of this Meeting upto the conclusion of the next Annual General Meeting ofthe Company on such remuneration as may be mutually agreed upon between the Board ofDirectors and the Auditors in addition to re-imbursement of actual out of pocket expensesas may be incurred in the performance of their duties."

SPECIAL BUSINESS

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 Sections 149 150 and 152 read withSchedule IV and other applicable provisions if any of the Companies Act 2013 and therules made thereunder (including any amendment thereto or re-enactment thereof for thetime being in force) Mr. Suranjan Upadhyay (DIN: 05287812) Director of the Company whoretires by rotation at this Annual General Meeting and in respect of whom the Company hasreceived a notice in writing from a member under Section 160 of the Companies Act 2013proposing candidature of Mr. Suranjan Upadhyay for the office of Director of the Companybe and is hereby appointed as an Independent Director of the Company to hold office uptoSeptember 29 2020 or as on the date of 27th Annual General Meeting whicheveris earlier."

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 152 and any other applicableprovisions of the Companies Act 2013 and the rules made thereunder (including anystatutory modification(s) or reenactment thereof for the time being in force) and subjectto approval of members in Annual General Meeting Mrs. Asha Kothari (DIN : 01040247) whowas appointed as an Additional Director of the Company and who holds office upto the dateof this Annual General Meeting of the Company and in respect of whom the Company hasreceived a notice in writing from a member under Section 160 of the Companies Act 2013proposing her candidature for the office of Director be and is hereby appointed as aDirector of the Company whose period of office shall be liable to determination byretirement of directors by rotation."

To consider and if thought fit to pass with or without modification(s) thefollowing resolution as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Section 14 of the Companies Act2013 and all other applicable provisions of the Companies Act 2013 read with Companies(Incorporation) Rules 2013 (including any statutory modification(s) or re-enactmentthereof for the time being in force) consent of the members be and are hereby accorded tothe Company to amend the existing Articles of Association of the Company by substitutingthe new set of Articles of Association.

RESOLVED FURTHER THAT any Director of the Company be and is hereby authorized to signand submit the necessary application and forms with appropriate authorities and to performall such acts deeds and things as it may in its absolute discretion deem necessary ordesirable for and on behalf of the Company for the purpose of giving effect to theaforesaid resolution."

Registered Office: By Order of the Board of Directors
907/908 Dev Plaza Opp. Andheri Fire Station For Visagar Financial Services Limited
S.V. Road Andheri (West) Sd/-
Mumbai - 400058
Arvind Desai
Place: Mumbai Whole-time Director
Date: 14.08.2015 (DIN: 00353903)