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United Van Der Horst Ltd.

BSE: 522091 Sector: Others
NSE: N.A. ISIN Code: INE890G01013
BSE 00:00 | 28 Jan 96.70 4.60
(4.99%)
OPEN

96.50

HIGH

96.70

LOW

96.50

NSE 05:30 | 01 Jan United Van Der Horst Ltd
OPEN 96.50
PREVIOUS CLOSE 92.10
VOLUME 2398
52-Week high 96.70
52-Week low 17.05
P/E 27.71
Mkt Cap.(Rs cr) 54
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 96.50
CLOSE 92.10
VOLUME 2398
52-Week high 96.70
52-Week low 17.05
P/E 27.71
Mkt Cap.(Rs cr) 54
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

United Van Der Horst Ltd. (UNITEDVANDER) - Chairman Speech

Company chairman speech

Mr. Jagmeet Singh Sabharwal (DIN: 00270607) was appointed as Managing Director of theCompany in 30th Annual General Meeting held on 22nd September 2017 (Adjourned on 29thSeptember 2017) for the period of three years w.e.f. 18th August 2017 to 17th August2020 liable to retire by rotation with no remuneration for the financial year 2017-18.

Currently the Company is performing better than its previous financial years butconsidering fund requirements for management of day to day expenses business operationsand fulfillment of working capital of the Company and after having detailed discussionwith Mr. Jagmeet Singh Sabharwal the nomination and remuneration committee of the Companyhas recommended and subsequently the Board of Directors has approved and proposed that Noremuneration shall be paid to Mr. Jagmeet Singh Sabharwal Chairman & ManagingDirector of the Company for the financial year 2018-19 and 2019-2020.

In terms of pursuant to provisions of Section 196 197 198 and read with Schedule V tothe extent applicable and all other applicable provisions along with rules made thereunder if any of the Companies Act 2013 (including any statutory modification orre-enactment thereof for the time being in force) the proposed modification inremuneration requires approval of members of the Company in form of Special Resolution.Hence the members are requested to pass the Special Resolution accordingly.

Except Mr. Jagmeet Singh Sabharwal none of the Directors and/or Key ManagerialPersonnel or their relatives are interested or concerned in the resolution.

The Board recommends the Special Resolution set out at Item No. 3 of the accompanyingNotice in the interests of the Company.

By Order of the Board of Directors
United Van Der Horst Limited
SD/-
Jagmeet Singh Sabharwal
Chairman & Managing Director
DIN: 00270607
Date : 14/08/2018 Address: C/O - E.29/30 MIDC Taloja
Place: Mumbai Navi Mumbai - 410208

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