TO SECTION 102 OF THE COMPANIES ACT 2013
Item No. 3.
The Shareholders of the Company at the 22nd Annual General Meeting held on September28 2016 approved the appointment of Shri. Velji L. Shah (DIN : 00007239) as ManagingDirector of the company for a period of 5 years w.e.f.05.02.2016through a specialresolution under the relevant provisions of the Companies Act 2013 and the rules madethere under (including any statutory modification(s) or re-enactment thereof for the timebeing in force) read with Schedule V of the Companies Act 2013.
Shri. Velji L.Shah Executive Chairman & Managing director has attained the age of70 years during February 2018.
In view of the introduction of the Companies Act 2013 with effect from 1st April 2014and also for an abundant precaution the Company seeks consent of the members by way ofspecial resolution for continuation of his holding of existing office after the age of 70years during the prevalence of their term of appointment under the provisions of Section196 (3) (a) of the Companies Act 2013. The Board therefore recommends the specialresolutions for your approval.
Except Shri Haresh V. Shah none of the directors Key Managerial Personnel of theCompany is concerned or interested in the proposed resolution.
DETAILS OF DIRECTORS SEEKING APPOINTMENT/RE-APPOINTMENT AT THE ANNUAL GENERAL MEETING
In Pursuance to SEBI (Listing Obligation and Disclosure Requirements) Rule 2015
| Particulars | Mr. Haresh Velji Shah |
| Date of Birth | 16/08/1974 |
| Date of Appointment | 01/07/1996 |
| Qualifications | Graduate in Plastic Industry |
| Expertise in specific functional areas | 23 Years of experience in Plastic Industry |
| Directorship in other Public Limited Companies | Tokyo Plast International Limited |
| Tokyo Constructions Limited |
| Tokyo Exim Limited |
| Membership of Committees in another Public | Stakeholders Relationship Committee& CSR |
| Limited Companies | Committee of Tokyo Plast International Limited. |
| Number of Shares held in the Company | 39100 |
| For And On Behalf of the Board of Directors |
| Place : Mumbai | Velji L. Shah |
| Date : 11thAugust 2018 | Chairman & Managing Director |
| DIN: 00007239 |
| Registered office : | |
| Plot No. 363/1(123) | |
| Shree Ganesh Industrial Estate | |
| Kachigaum Road | |
| Daman Daman and Diu - 396210 | |
