| Prabhav Industries Ltd has informed BSE that the shareholders at the Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have passed the following resolutions:
1. The Audited Balance Sheet as on March 31, 2011 and the Profit and Loss account of the Company for the year ended as on that date, together with the Directors` Report and the Auditors` Report thereon.
2. Re-appointment of Mr. Vinod Shinde, as Director who is liable to retire by rotation under Section 255 and 256 of the Companies Act.
3. Re-appointment of Mr. Chirag Gada, as Director who is liable to retire by rotation under Section 255 and 256 of the Companies Act.
4. Re-appointment of M/s. N. R. Parikh & Co., Chartered Accountant as the Statutory Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting.
5. Regularization of Mr. Ketan Patel, who was appointed as an Additional Director on the Board of the Company on March 15, 2011 as a director liable to retire by rotation.
6. Regularization of Miss. Ami Motta, who was appointed as an Additional Director on the Board of the Company on September 01, 2011 as a director liable to retire by rotation.
7. Regularization of Mr. Nilesh Mistry, who was appointed as an Additional Director on the Board of the Company on September 01, 2011 as a director liable to retire by rotation.
8. Re-appointment of Mr. Jayesh Thakkar as a Managing Director of the Company w.e.f. November 02, 2011 for the period of Five years on remuneration as explained in the Explanatory Statement annexed to the Notice of the Annual General Meetings.
9. Commencement of Business of Investment as mentioned in Clause 22 of the other object in Memorandum of Association, pursuant to the provisions of Section 149(2A) of the Companies Act, 1956.
10. Replacement of Articles in the Article of Association by inserting new Article No. 50 and
51, pursuant to the provisions of Section 31 of the Companies Act, 1956:
- Forfeited share to become property of the Company
- Authorise to annul forfeiture/re-allotment/re-issue before the same has been disposed off." |
| AGM 30/09/2010
Prabhav Industries Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 30, 2010, inter alia, have accorded to the following:
1. Adoption of Profit & Loss Account for the year ended march 31, 2010 and the Audited Balance Sheet as on March 31, 2010 together with the reports of the Board of Directors and the Auditors Report thereon.
2. Re-appointment of Mr. Yatin Vishnubhai Thakkar as the Director of the Company.
3. Appointment of M/s. N. R. Parikh & Co., Chartered Accounts as new 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.
4. Appointment of Mr. Chandrakant Gaikwad as Director of the Company liable to retire by rotation.
5. Raising of funds through the route of preferential allotment by issue of 25,00,000 convertible equity warrants in accordance with the SEBI issue of Capital and Disclosure Requirement Regulation 2009.
6. Increase in the limits of inter-corporate loans, Investment & Guarantee
(As Per BSE Announcement Website dated on 01.10.2010)
Prabhav Industries Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 30, 2010.
(As Per BSE Announcement Dated on 05.10.2010) |