Atul Ltd 2010-11

Atul Ltd | Annual Report 2010-11 All the Directors and the senior management personnel affirmed their compliance with the Code of Conduct. A declaration to this effect signed by the Chairman & Managing Director forms a part of this Report. 6. Affirmation and Disclosure There were no materially significant related party transactions, pecuniary transactions or relationships between the Company and its Directors or the Management and their subsidiary companies or relatives, among others, during the year that may have a potential conflict with the interests of the Company at large. All details relating to financial and commercial transactions where the Directors may have a pecuniary interest are provided to the Board and the interested Directors neither participate in the discussion nor do they vote on such matters. The Company complied with the statutory provisions, rules and regulations relating to the capital markets during the last three years and the Stock Exchanges or Securities and Exchange Board of India or any statutory authority did not impose any penalties or strictures on the Company for the said period. 7. Shareholders’ Information 7.1 General Body Meetings 7.1.1 Location and time, where last three AGMs were held: Year Location Date Time 2007-08 Gujarat Chamber of Commerce and Industry Ashram Road, Ahmedabad 380015, Gujarat, India August 25, 2008 11.00 a.m. 2008-09 Gujarat Chamber of Commerce and Industry Ashram Road, Ahmedabad 380015, Gujarat, India August 07, 2009 11.00 a.m. 2009-10 H T Parekh Hall, Ahmedabad Management Association, Dr. Vikram Sarabhai Marg, Ahmedabad 380015, Gujarat, India August 31, 2010 11.00 a.m. 7.1.2 During the year, two special resolutions were passed through Postal Ballot. The details of the Postal Ballot results are as under: Special Resolutions under Section 17 and 149(2) of the Companies Act, 1956 seeking Members’ consent for alteration of “Other Objects” Clause in Part C in the Memorandum of Association and commencement of new businesses. Voting conducted through Postal Ballot vide notice dated September 1, 2010: Number of Valid postal Ballot forms received 516 Number of invalid postal ballot forms received 173* Votes in favour of the Resolution 1 16083652 Votes against the Resolution 1 7225 Votes in favour of the Resolution 2 16080230 Votes against the Resolution 2 7033 * Represent 57522 votes 7.2 Annual General Meeting 2011 Details of the 34th AGM are as under: Year Location Date Time 2010-11 J B Auditorium Hall, Ahmedabad Management Association, Dr Vikram Sarabhai Marg, Ahmedabad 380015 Gujarat, India August 04, 2011 11.00 a.m. As required under Clause 49 VI (A), particulars of the Directors seeking reappointment | appointment are given in the notice of the Annual General Meeting. 7.3 Financial Year April 01 to March 31