is hereby given that the 29th Annual General Meeting of the Members of the Company willbe held at 11.30.A.M Saturday19th September 2015 at Malkapur Village Hatnoora MandalNarsapur Taluk and Medak District-502 296 to transact the following business:
1. To receive consider and adopt the Audited Statement of Profit and Loss for the yearended March 312015 and Balance sheet as at that date and Cash flow statement for theyear ended March 312015 together with the Reports of the Board of Directors and theAuditors thereon.
2. To appoint a Director in place of Sri. Tenkasi Ramanarayanan Seetharaman (DIN:02385221) who retires by rotation and is eligible for reappointment.
3. To appoint Auditors and fix their remuneration.
In this connection to consider and if thought fit to pass the following as anOrdinary Resolution;
RESOLVED THAT pursuant to the provisions of Section 139 and other applicableprovisions if any of the Companies Act 2013 and the rules framed there under asamended from time to time M/s. M.S.Krishnaswami & Rajan Chartered Accountants (FirmRegistration NO.01554S) be and is hereby re-appointed as Statutory Auditors of the Companyto hold office from the conclusion of this Annual General Meeting until the conclusion ofthe next Annual General Meeting of the Company at such remuneration plus service taxout-of-pocket travelling expenses etc. as may be mutually agreed between the Board ofDirectors of the Company and the Auditors.
4. Authority to borrow in excess of the paid up capital and reserves;
To consider and if thought fit to pass with or without modification(s) the followingresolution as a Special Resolution pursuant to the Companies Act 2013 (theAct)
RESOLVED THAT in supersession of the earlier resolution passed by the Members ofthe Company in the previous Annual General Meeting the Board of Directors of the companybe and is hereby authorized in accordance with the provisions of Sec.180(1)(c) and otherapplicable provisions if any of the Companies Act2013 to borrow from time to time allsuch sums of money as may deem requisite for the purpose of the business of the Companyprovided that the moneys to be borrowed together with the moneys already borrowed by thecompany apart from temporary loans obtained from the companys bankers in the normalcourse of business shall not exceed the aggregate of the paid-up capital and free reservesby More than Rs.50 Crores (Rupees Fifty Crores only).
RESOLVED FURTHER THAT for the purpose of giving effect to this resolution theBoard be and is hereby authorized to finalize and execute such documents as may berequired and to do all such acts deeds matters and things as it may in its absolutediscretion deem necessary proper or desirable in the best interest of the Company.
| ||By Order of the Board of Directors |
| ||Sd/- |
|Place: Singapore ||Nalinkant Amratlal Rathod |
|Date: 24th July 2015 ||(DIN 00272129) |
| ||Chairman |