Atul Ltd 2012-13

Atul Ltd | Annual Report 2012-13 Notice NOTICE is hereby given that the 36 th $QQXDO *HQHUDO 0HHWLQJ $*0 RI WKH 0HPEHUV RI $WXO /WG ZLOO EH KHOG RQ -XO\ )ULGD\ DW D P DW + 7 3DUHNK +DOO $KPHGDEDG 0DQDJHPHQW $VVRFLDWLRQ 'U 9LNUDP 6DUDEKDL 0DUJ $KPHGDEDG *XMDUDW ,QGLD WR WUDQVDFW WKH IROORZLQJ EXVLQHVVHV Ordinary Business: 1. To receive, consider and adopt the Balance Sheet as on 0DUFK DQG WKH 3URÀW DQG /RVV $FFRXQW IRU WKH year ended on that date together with the Reports of the Directors and the Auditors thereon. 2. To declare dividend. 7R DSSRLQW D 'LUHFWRU LQ SODFH RI 'U 6 6 %DLMDO ZKR UHWLUHV by rotation under Article 134 of the Articles of Association of the Company and being eligible, offers himself for reappointment. 4. To appoint a Director in place of Mr S M Datta who retires by rotation under Article 134 of the Articles of Association of the Company and being eligible, offers himself for reappointment. 5. To appoint a Director in place of Mr V S Rangan who retires by rotation under Article 134 of the Articles of Association of the Company and being eligible, offers himself for reappointment. 6. To appoint Dalal & Shah as the Statutory Auditors from the conclusion of this Annual General Meeting until the FRQFOXVLRQ RI WKH QH[W $QQXDO *HQHUDO 0HHWLQJ RI WKH &RPSDQ\ DQG À[ WKHLU UHPXQHUDWLRQ Special Business: 7R FRQVLGHU DQG LI WKRXJKW ÀW SDVV ZLWK RU ZLWKRXW PRGLÀFDWLRQV WKH IROORZLQJ UHVROXWLRQ DV DQ 2UGLQDU\ Resolution: ´5(62/9(' 7+$7 0U 5 $ 6KDK ZKR ZDV DSSRLQWHG DV an Additional Director pursuant to Section 260 of the &RPSDQLHV $FW WKH $FW LQ UHVSHFW RI ZKRP the Company has received a Notice in writing from a Member under Section 257 of the Act and who being eligible offers himself for appointment as a Director, be and is hereby appointed as a Director.” 7R FRQVLGHU DQG LI WKRXJKW ÀW SDVV ZLWK RU ZLWKRXW PRGLÀFDWLRQV WKH IROORZLQJ UHVROXWLRQ DV D 6SHFLDO Resolution: ´5(62/9(' 7+$7 SXUVXDQW WR $UWLFOH RI WKH $UWLFOH RI Association of the Company and in accordance with the provisions of Section 309 and other applicable provisions, LI DQ\ RI WKH &RPSDQLHV $FW WKH $FW WKH 1RQ H[HFXWLYH 'LUHFWRUV RI WKH &RPSDQ\ EH SDLG remuneration by way of commission over and above the VLWWLQJ IHHV XS WR RI WKH QHW SURÀWV RI WKH &RPSDQ\ computed in the manner laid down in Section 198 of the $FW IRU HDFK RI WKH ÀYH ÀQDQFLDO \HDUV FRPPHQFLQJ IURP April 01, 2013, in such proportion and manner as the Board of Directors may from time to time determine.” 9. 7R FRQVLGHU DQG LI WKRXJKW ÀW SDVV ZLWK RU ZLWKRXW PRGLÀFDWLRQV WKH IROORZLQJ UHVROXWLRQ DV DQ 2UGLQDU\ Resolution: ´5(62/9(' 7+$7 SXUVXDQW WR WKH SURYLVLRQV RI 6HFWLRQV 198, 269, 309 and other applicable provisions of the Companies Act, 1956, approval be and is hereby accorded to the reappointment of Mr S S Lalbhai as the Chairman and 0DQDJLQJ 'LUHFWRU &0' RI WKH &RPSDQ\ DQG KLV UHFHLYLQJ of remuneration including minimum remuneration, for a SHULRG RI ÀYH \HDUV ZLWK HIIHFW IURP -XO\ DV SHU the draft of Agreement submitted to this meeting and for LGHQWLÀFDWLRQ LQLWLDOOHG E\ WKH &KDLUPDQ )857+(5 5(62/9(' 7+$7 WKH %RDUG RI 'LUHFWRUV %RDUG be and is hereby authorised to alter and vary any or all of the terms and conditions and the draft of Agreement as DSSURYHG YLGH WKLV 5HVROXWLRQ DV PD\ EH GHHPHG ÀW IURP time to time which may have the effect of increasing WKH UHPXQHUDWLRQ DQG IRU FRQVLGHULQJ PRGLÀFDWLRQV LI DQ\ E\ WKH &HQWUDO *RYHUQPHQW LQ UHJDUG WR WKH SROLF\ _ guidelines pertaining to managerial remuneration and for the purpose of giving effect to this Resolution, the Board be and is hereby authorised to do all such acts, deeds, matters and things as it may in its absolute discretion GHHP QHFHVVDU\ H[SHGLHQW XVXDO RU SURSHU LQ WKH EHVW interest of the Company.” Notes 1. A Member entitled to attend and vote at the meeting is HQWLWOHG WR DSSRLQW D SUR[\ WR DWWHQG DQG YRWH LQVWHDG RI KLPVHOI _ KHUVHOI DQG WKH SUR[\ QHHG QRW EH D 0HPEHU 3ULQWHG FRSLHV RI WKH %DODQFH 6KHHW WKH 3URÀW DQG /RVV Account, the Directors’ Report, the Auditors’ Report and HYHU\ RWKHU GRFXPHQW UHTXLUHG E\ ODZ WR EH DQQH[HG or attached to the Balance Sheet for the year ending March 31, 2013 are enclosed. 7KH 5HJLVWHU RI 0HPEHUV DQG WKH 6KDUH 7UDQVIHU %RRNV RI the Company will remain closed from June 25, 2013 to -XQH ERWK GD\V LQFOXVLYH 4. The dividend if approved will be paid to those Members whose names stand on the Register of Members on June 25, 2013. The Members holding shares in electronic form may please note that: L ,QVWUXFWLRQV UHJDUGLQJ EDQN GHWDLOV ZKLFK WKH\ ZLVK to incorporate in future dividend warrants must be VXEPLWWHG WR WKHLU 'HSRVLWRU\ 3DUWLFLSDQWV '3V $V per the regulations of National Securities Depository /WG 16'/ DQG &HQWUDO 'HSRVLWRU\ 6HUYLFHV ,QGLD /WG &'6/ WKH &RPSDQ\ LV REOLJHG WR SULQW RQ WKH GLYLGHQG ZDUUDQWV EDQN GHWDLOV DV IXUQLVKHG E\ WKHVH depositories.