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| 08-10-2012 |
| Gtn Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 24,2012 approved to close the Register of Members and Share Transfer Books from August 06,2012 to August 10,2012 (both days inclusive) for the forthcoming Annual General Meeting of the Company which is to be held on August 10,2012. |
| 07-27-2011 |
| AGM 27/07/2011
GTN Industries Ltd has informed BSE that 49th Annual General Meeting (AGM) of the Company was held on July 27, 2011.
1. Adoption of the Audited Balance Sheet as at March 31, 2011 and the Profit and Loss Account of the Company for the financial year ended on that date, together with the Schedules and Notes attached thereto, along with the Reports thereon.
2. Appointment of Mr. B. L. Singhal, as a Director of the Company, liable to retire by rotation.
3. Appointment of Mr. M. R. Vikram, as a Director of the Company, liable to retire by rotation.
4. Appointment of Lodha & Company, Chartered Accountants, Mumbai as Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on remuneration, terms & conditions.
5. Accorded to the Board /Committee in terms of Section 293(1)(a) and other applicable provisions, if any, of the Companies Act,1956, to mortgage / to create charge on fixed assets of the Company and/or assets purchased under the scheme on exclusive charge basis in favour of Central Bank of India to Secure their term loan of Rs.1240 lacs and further secured by second charge on current assets of the Company with other Term Lenders. However, the above charge exclude assets on which exclusive charge was already created and hypothecation of current assets of the Company on which prior charge created in favour of Working Capital Bankers.
(As Per BSE Annoncement Website Dated on 19/08/2011) |
| 07-29-2010 |
| Gtn Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 28, 2010 approved to close the Register of Members and Share Transfer Books from July 27, 2010 to July 29, 2010 (both days inclusive) for the forthcoming Annual General Meeting of the Company which is to be held on July 29, 2010. |
| 07-29-2009 |
| AGM 29/07/2009
GTN Industries Ltd has informed BSE that the members at the 47th Annual General Meeting (AGM) of the Company held on July 29, 2009, inter alia, have accorded to the following:
1. Adoption of Audited Balance Sheet of the Company as at March 31, 2009 and the Profit and Loss Accounts of the Company for the financial year ended on that date, together with the Schedules and Notes attached thereto, along with the Reports thereon of the Directors and the Auditors.
2. Re-appointment of Shri. B. L. Singhal & Mr. M. R. Vikram as Directors of the Company, liable to retire by rotation.
3. Appointment of M/s. Lodha & Company, Chartered Accountants, Mumbai, as Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.
4. Authority to the Board to mortgage and / or to create charge on all immovable properties and movable fixed assets the Company, excluding assets on which exclusive charge was given and hypothecation of all current assets of the Company subject to prior charges in favour of Bankers for working capital, wherever situated, present and future and of conferring power to enter upon and to take possession of assets of the Company in certain events etc. on pari-passu first charge basis, in favour of Export-Import Bank of India (Exim Bank), to secure Term loan of Rs. 1200 lacs and to secure on pari-passu second charge basis, the following:
i) Additional working capital facilities of Rs. 1499 lacs, granted by Central Bank of India (CBI) to the Company,
ii) Additional working capital facilities of Rs. 1700 lacs, granted by State Bank of India (SBI) to the Company.
iii) Additional working capital facilities of Rs. 95 lacs, granted by IDBI Bank Ltd (IDBI) to the Company
iv) Additional working capital facilities of Rs. 1700 lacs granted by State bank of Travancore (SBT) to the Company.
5. Re-appointment of Shri. M. K. Patodia, as Managing Director of the Company for a period of 5 (Five) years with effect from December 01, 2009, on remuneration, terms & conditions.
6. Authority to the Board to issue Redeemable Preference Shares of Rs. 100/- each at par in one or more trenches to such person(s), whether or not Shareholders of the Company, including one or more of the Members / Promoters / Employees / Overseas Bodies Corporate / their Associates / Foreign Institutional Investors / Indian Institutional Investors / Mutual Funds / Banks / Public or Private Bodies Corporate / Associations / Welfare Funds or any such funds whether through Public Issue or on private placement basis and on such terms and conditions as may be mutually agreed between the Company and the Investors). Further, the Redeemable Preference Shares outstanding at any point of time shall not exceed Rs. 1000 lacs (Rupees one thousand lacs only), subject to necessary provisions & approvals.
(As Per BSE Announcement Website dated on 20.10.2009) |