| AGM 22/07/2011
Godrej Properties Ltd has informed BSE that 26th Annual General Meeting (AGM) of the Company was held on July 22, 2011 inter alia, have accorded to the following:
1. Approval of the Audited Profit and Loss Account for the year ended March 31, 2011, the Balance Sheet as on that date and the Cash Flow Statement of the Company together with the Report of the
Board of Directors and Auditors thereon.
2. Declaration of dividend @ Rs.4.5 per equity share that is 45% for the financial year ended March 31, 2011.
3. Re-appointment of Ms. Parmeshwar A. Godrej, Mr. Nadir B Godrej, Mr. Amit Choudhury and Mr. Keki B. Dadiseth as Directors of the Company, liable to retire by rotation.
4. Re-appointment of M/s. Kalyaniwalla & Mistry,
Chartered Accountants, as the Auditors of the Company.
5. Approval of revised remuneration of Mr. Milind S. Korde, Managing Director detailed in the Notice with effect from April 1, 2011.
6. Approval of revised remuneration of Mr. Pirojsha Godrej, Executive Director detailed in the Notice with effect from April 1, 2011 and to re-appoint Mr.Pirojsha Godrej as Executive
Director for further period of three years with effect from November 1, 2011 on the same terms and conditions.
7. Approval of revised remuneration of Mr. K T Jithendran, Executive Director detailed in the Notice with effect from April 1, 2011.
8. Further Amendment in the schedule of implementation and utilization of the net proceeds arising out of the issue of equity shares allotted pursuant to the Prospectus (Pg.No.43) dated December 16, 2009.
(As Per BSE Announcement Dated on 26.07.2011)
Godrej Properties Ltd has informed BSE that the members at the 26th Annual General Meeting (AGM) of the Company held on July 22, 2011, inter alia, have accorded to the following:
1. Adoption of the Balance Sheet as at March 31, 2011, the Profit & Loss Account and Cash Flow Statement for the year ended March 31, 2011, the Auditors` Report thereon, the Directors` Report dated May 7, 2011 along with Management Discussion and Analysis Report and Statement of Corporate Governance.
2. Declaration of final dividend to all equity shareholders of the Company at the rate of 45% i.e. Rs.4.5/- per Equity share of Rs.10/- (Rupees ten) each for the year ended March 31,2011, aggregating to Rs.31,43,25,040.50/-.
3. Re-appointment of Ms. Parmeshwar A Godrej, Mr. Nadir B. Godrej, Mr. Amit B. Choudhary & Mr. Keki B. Dadiseth, as Directors of the Company, liable to retire by rotation.
4. Appointment of M/s. Kalyaniwalla & Mistry, Chartered Accountants, Mumbai as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms & conditions.
5. Revision in Remuneration payable to Mr. Milind S. Korde - Managing Director, as provided herein with effect from April 01, 2011.
6. Revision in Remuneration payable to Mr. Pirojsha Godrej - Executive Director, as provided herein with effect from April 1,2011 and for his re-appointment as an Executive Director of the Company for a further period of three years with effect from November 1,2011, on terms and conditions.
7. Revision in Remuneration payable to Mr. K. T. Jithendran, Executive Director, as provided herein, with effect from April 1, 2011.
8. Authority to Board to amend the schedule of deployment and utilisation of the net proceeds, arising out of the issue of equity shares allotted pursuant to the Prospectus (page 43) dated December 16,2009 (the "Prospectus") filed by the Company with the Registrar of Companies, Mumbai, Maharashtra.
(As Per BSE Announcement Website dated on 22.08.2011) |
| AGM 17.07.2010
Godrej Properties Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on July 17, 2010, inter alia, have considered and approved the following business unanimously:-
1. Approval of the Audited Profit and Loss Account for the year ended March 31, 2010, the Balance Sheet as on that date and the Cash Flow Statement of the Company together with the Report of the Board of Directors and Auditors thereon.
2. Declaration of dividend @ Rs. 4 per equity share that is 40% for the financial year ended March 31, 2010.
3. Re-appointment of Mr. Pranay Vakil, Dr. Pritam Singh, Mr. Adi B. Godrej and Mr. Jamshyd N. Godrej as Directors of the Company, liable to retire by rotation.
4. Re-appointment of M/s. Kalyaniwalla & Mistry, Chartered Accountants, as the Auditors of the Company.
5. Appointment of Mr. Amitava Mukherji and Mr. K.T.Jithendran as Directors of the Company.
6. Appointment of Mr. K.T.Jithendran as the Executive Director of the Company for a period of three years with effect from May 17, 2010.
7. Approval of revised remuneration of Mr. Milind S. Korde, Managing Director as detailed in the Notice with effect from April 01, 2010.
8. Approval of revised remuneration of Mr. Pirojsha A. Godrej, Executive Director as detailed in the Notice with effect from April 01, 2010.
9 Amendment in the schedule of implementation of the net proceeds arising out of the Initial Public Offer of the Company which was disclosed on Page No of the Prospectus dated December 16, 2009.
10. Approval under Section 372A of the Companies Act, 1956 for making investments to a to a limit not exceeding Rs. 100 crores in Limited Liability Partnership(s) / any other Body Corporate or form of organisation to be formed for Vikhroli Project.
11. Approval under Section 372A of the Companies Act, 1956 for making investments to a limit not exceeding Rs. 30 crores in Udhay-GK Realty Private Limited as per the Memorandum of Understanding entered by the Company with Udhay-GK Realty Private Limited.
12. Approval under Section 372A of the Companies Act, 1956 for making investment from time to time up to a limit not exceeding Rs. 54 Crores in Kakade Estate Developers Private Limited or any other Body Corporate to be formed as per the terms of agreement dated March 31, 2010 for the Project located at Bhugaon, Pune.
13. Approval under Section 372A of the Companies Act, 1956 for making investment from time to time up to a limit not exceeding Rs. 54 Crores in M/s. Lucifer Engineering (P) Limited or any other Body Corporate to be foemed for the Project located at Bhugaon, Pune.
14. Approval under Section 372A of the Companies Act, 1956 for incorporating two subsidiaries of the Company or Special Purpose Vehicles (SPVs) by investing up to a limit not exceeding Rs. 500,000 (Rupees Five Lakhs Only) in each such entity which shall not exceed in aggregate Rs. 1,000,000 (Rupees Ten Lakhs only) for both subsidiaries / SPVs in order to develop the Companys Project located at Ahmedabad and Kochi.
(As Per BSE Announcement Dated on 20.07.2010)
Godrej Properties Ltd has submitted to BSE a copy of Minutes of the Annual General Meeting of the Company held on July 17, 2010.
(As Per BSE Announcement Website dated on 13.08.2010) |