To receive consider and adopt the Audited Financial Statements (including AuditedConsolidated Financial Statements) for the financial year ended March 31 2018 and Reportsof the Board of Directors and Auditors' thereon.
To appoint a Director in place of Mr. Sunil Bhandari (DIN: 00052161) who retires byrotation and being eligible offers himself for reappointment.
To continue the appointment of the auditors without ratification and to fix theirremuneration and in this regard pass the following resolution as an Ordinary Resolution:
RESOLVED THAT in partial modification of the Ordinary Resolution passed at the AnnualGeneral Meeting held on 3rd August 2017 and in accordance with the amended Section 139 ofthe Companies Act 2013 read with the Companies (Audit and Auditors) Rules 2014(including any statutory enactments or modifications thereof) the approval of theshareholders be and is hereby accorded to continue the appointment of M/s. J Krishnan& Associates Chartered Accountants ( Registration No.: 001523S) as the StatutoryAuditors of the Company at such remuneration as may be decided by the Board of Directorsas per the recommendations of the Audit Committee till the conclusion of the 32nd AnnualGeneral Meeting to be held in the year 2022 and that the said appointment shall not besubject to ratification at every subsequent Annual General Meeting.
| ||By Order of the Board of Directors |
| ||For STEL Holdings Ltd |
|Kochi ||Lakshmi P.S |
|August 032018 ||Company Secretary |