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Mayur Leather Products Ltd.

BSE: 531680 Sector: Others
NSE: N.A. ISIN Code: INE799E01011
BSE 11:17 | 05 Jul 6.40 0
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NSE 05:30 | 01 Jan Mayur Leather Products Ltd
OPEN 6.40
PREVIOUS CLOSE 6.40
VOLUME 301
52-Week high 10.60
52-Week low 6.18
P/E
Mkt Cap.(Rs cr) 3
Buy Price 0.00
Buy Qty 0.00
Sell Price 6.40
Sell Qty 199.00
OPEN 6.40
CLOSE 6.40
VOLUME 301
52-Week high 10.60
52-Week low 6.18
P/E
Mkt Cap.(Rs cr) 3
Buy Price 0.00
Buy Qty 0.00
Sell Price 6.40
Sell Qty 199.00

Mayur Leather Products Ltd. (MAYURLEATHER) - Chairman Speech

Company chairman speech

NOTICE is hereby given that the 28th Annual General Meeting of the Members of MAYURLEATHER PRODUCTS LIMITED will be held on Monday the 15th day of July 2013 at 03:30P.M. at its Registered Office at G-60-62 & 67-69 Jaitpura Industrial EstateJaitpura- 303704 Jaipur to transact the following business:

ORDINARY BUSINESS:

1. To receive consider and adopt the Audited Balance Sheet as at 31st March 2013 andthe Profit & Loss Account for the year ended on that date together with the reports ofthe Auditors and the Directors thereon.

2. To confirm the payment of interim dividends and to declare Dividend on Equity Sharesof the Company for the year ended 31st March 2013.

3. To appoint a Director in place of Shri Rajesh V. Gupta who retires by rotation andbeing eligible offers him-self for re-appointment.

4. To re-appoint retiring auditor M/s. Madhukar Garg & Co. Chartered Accountantsand fix their remuneration and in this regard to consider and if thought fit to passwith or without modification(s) the following resolution as an Ordinary Resolution:

"RESOLVED THAT M/s. Madhukar Garg & Co. Chartered Accountants having ICAIregistration no.000866C be and are hereby appointed as Auditors of the Company to holdoffice from the conclusion of this Annual General Meeting until the conclusion of the nextAnnual General Meeting of the Company on such remuneration as may be fixed by the Board ofDirectors as per the provision of Section 224 and other applicable provision of theCompanies Act 1956."

SPECIAL BUSINESS:

5. To consider and if thought fit to pass with or without modifications the followingresolution as an Ordinary Resolution:

"RESOLVED THAT M/s V. M. & Associates Company Secretaries Jaipur be and ishereby appointed for the issuance of Compliance Certificate under section 383A of theCompanies Act 1956 and to hold office from the conclusion of this Annual General Meetinguntil the conclusion of the next Annual General Meeting at a remuneration to be fixed bythe Board of Directors of the Company in consultation with the said firm."

6. To consider and if thought fit to pass with or without modifications the followingresolution as an Ordinary Resolution:

"RESOLVED THAT as per the provisions of Section 260 of the Companies Act 1956 andother applicable provisions if any Mr. Madhusudan Prasad Kejriwal who was appointed asan Additional Director on the Board of the Company and whose term of appointment expiresat this Annual General Meeting be and is hereby re-appointed as a Director."

7. To consider and if thought fit to pass with or without modifications the followingresolution as an Ordinary Resolution:

"RESOLVED THAT as per the provisions of Section 260 of the Companies Act 1956 andother applicable provisions if any Mr. Madhukar Chaturvedi who was appointed as anAdditional Director on the Board of the Company and whose term of appointment expires atthis Annual General Meeting be and is hereby re-appointed as a Director."

By Order of the Board
Sd/-
PLACE: JAIPUR R.K. PODDAR
DATE : 30.05.2013 Director

NOTES (Forming part of the Notice):

1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE ANNUAL GENERAL MEETING (the"Meeting") IS ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELFAND A PROXY NEED NOT BE A MEMBEROF THE COMPANY.

2. The instrument appointing the proxy in order to be effective must be received by thecompany not less than 48 hours before the schedule time of the meeting. A blank proxy formis annexed to the annual report.

3. Corporate members are requested to send a duly certified true copy of the boardresolution authorizing their representatives to attend and vote at the Annual GeneralMeeting.

4. The register of members and share transfer books of the Company will remain closedfrom Saturday 13th July 2013 to Monday 15th July 2013 (bothdays inclusive).

5. An explanatory statement pursuant to Section 173(2) of the Companies Act 1956 inrespect of the special business is annexed hereto.

6. Members and Proxies attending the meeting should bring their copy of annual reportand the attendance slip duly filled to attend the Meeting.

7. Members are informed that in case of joint holders attending the meeting only suchjoint holder who is higher in the order of the names will be entitled to vote.

8. In Terms of Article 89 of the Article of Association of the Company read withSection 256 of the Companies Act 1956 Shri Rajesh V. Gupta Director of the Companyretires by rotation at the ensuing Annual General Meeting and being eligible offershimself for re-appointment. The Board of Directors of the Company recommends theirre-appointment.

9. The details pertaining to director seeking appointment/re-appointment as requiredto be provided pursuant to clause 49 of the Listing Agreement are annexed to the notice.

10. Payment of dividend as recommended by the Board of Directors if sanctioned at themeeting will be paid to those members whose names appear on the Company's Register ofMembers on Monday 15th July. In respect of the shares in electronic form thedividend will be payable on the basis of beneficial ownership as per details furnished bythe Depositories for this purpose.

11. Members are advised to encash their dividend warrants immediately on its receiptas dividends remaining unclaimed for seven years will be transferred to the "InvestorEducation and Protection Fund" established by the Central Government under theamended provisions of the Companies Act 1956. Members will be unable to claim any unpaiddividend once the said amount is transferred to Investor Education and Protection Fund.

12. Members who are holding shares in identical order of names in more than one folioare requested to write to the Company enclosing their share certificate so as to enablethe Company to consolidate their holdings in one folio.

13. Members desiring any information on the accounts at the Annual General Meeting arerequested to write to the Company at least 7 days in advance so as to enable the Companyto keep the information ready.

14. The Register of Directors' shareholding maintained under Section 307 of theCompanies Act 1956 will be available for inspection by the members at the Annual GeneralMeeting.

15. The Register of Contracts maintained under Section 301 of the Companies Act 1956will be available for inspection by the members at the registered office of the Company.

16. Members are requested to bring the following with them at the Annual GeneralMeeting:

a) Copy of the Annual Report.

b) Duly filled Attendance Slip for attending the meeting and the same should bedeposited at the entrance of the Meeting Hall.

c) Depository account number (Client ID) if any for easier identification andrecording of attendance at the meeting.

17. All documents referred to in accompanying Notice are open for inspection at theRegistered Office of the Company between 11.00 A.M. and 1.00 P.M. on any working dayexcluding Sundays and holidays up to the date of Annual General Meeting.

18. The Members holding shares in physical form are requested to notify change in theiraddress if any quoting their folio number to intimate to the Registrar and TransferAgents - M/s. Link India Intime Pvt. Limited. A-40 2nd Floor NarainaIndustrial Area Phase-II Near Batra Banquet Hall New Delhi - 110 028. If the shares areheld in electronic form the same has to be notified to your concerned DepositoryParticipant.

19. Members are also requested to furnish their bank account number name & addressof the bank to enable printing of these particulars on dividend warrants as a measure ofabundant caution to minimize the loss due to dividend warrant falling into improper handsthrough forgery or fraud. As an alternative members residing at specified cities may givetheir mandates for payment of dividend through Electronic Clearing Services (ECS). Aformat requiring the relevant information is being enclosed.

20. As per Circular No. MRD/Dop/Cir-5/2009 dated May 20 2009 issued by Securities andExchange Board of India (SEBI) it is mandatory to quote PAN for transfers of shares inphysical form. Therefore the transferee(s) are required to furnish a copy of their PAN tothe Registrar and Share Transfer Agents of the Company.

21. Members are informed that Ministry of Corporate Affairs has taken a "GreenInitiative in Corporate Governance" (Circular No. 17/2011 dated 21.04.2011 andCircular No. 18/2011 dated 29.04.2011) allowing paperless compliances by companies throughelectronic mode. Companies are now permitted to send various notices/documents to itsshareholders through electronic mode to the registered e-mail addresses of shareholders.Your company has also decided to be a part of this initiative and request the shareholdersto send/update their email id's in the company's record. This initiative will enablebetter flow of the information required to be disseminated to the members and save theenvironment by saving the paper. We seek your whole-hearted support for this initiative.

22. Members who have not registered their e-mail addresses so far are requested toregister their e-mail address so that they can receive the Annual Report and othercommunication from the Company electronically.

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