N O T I C E NOTICE is hereby given that the 26th Annual General Meeting of the Members of Amit Spinning Industries Limited will be held on Thursday, the 27th day of September, 2018 at 11.30 A.M at Bipin Chandra Pal Memorial Bhavan, A-81, Chittaranjan Park, New Delhi 110019 to transact the following business: ORDINARY BUSINESS: 1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2018 including Balance Sheet of the Company as at 31st March, 2018, Statement of Profit & Loss for the year ended on that date and the Reports of the Board of Directors' and Auditors' thereon. 2. Appointment of Statutory Auditors of the Company and fixation of their remuneration. To consider and if thought fit, to pass with or without modification, the following resolution as an Ordinary Resolution: "RESOLVED THAT pursuant to the provisions of Section 139, 142 and other applicable provisions of the Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014 including any statutory modifications or re- enactment thereof, for the time being in force, and pursuant to the recommendation made by the Audit Committee and the Board of Directors, M/s Sanjay Vhanbatte & Company, Chartered Accountants (Firm Registration No. 112996W ) be and are hereby appointed as Statutory Auditors of the Company in place of retiring Statutory Auditors M/s Sunil Jain & Co., Chartered Accountants (Firm Registration No. 003855N), to hold office for a period of five consecutive years from the conclusion of this 26th Annual General Meeting till the conclusion of the 31st Annual General Meeting of the Company at such remuneration including out of pocket expenses to be fixed by the Board of Directors, based on the recommendation of the Audit Committee, in consultation with Statutory Auditors." SPECIAL BUSINESS: 3. Appointment of Mr. Jitendrakumar Goutamchand Chopra (DIN: 08196887) as Executive Managing Director of the Company To consider and, if thought fit, to pass with or without modifications the following resolution as a Special Resolution: "RESOLVED THAT pursuant to provisions of Section 196, 197, 203 and other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) read with Schedule V thereof, and in accordance with Articles of Association of the Company and recommendation of Nomination & Remuneration Committee and further approval of the Board of Directors and subject to such sanctions, approvals and consents as may be necessary, the consent of Members of the Company be and is hereby accorded to the appointment of Mr. Jitendrakumar Goutamchand Chopra (DIN 08196887) as Managing Director (Executive Director) of the Company for a period of three years as well as payment of remuneration to him with effect from August 10, 2018 to August 9, 2021 (including the remuneration to be paid to him in the event of loss or inadequacy of profits in any financial year during the aforesaid period), on the terms and conditions as set out in the Explanatory Statement annexed to the notice convening this meeting and as enumerated in the agreement to be entered into between the Company and Mr. Jitendrakumar Goutamchand Chopra, with liberty to the Board of Directors or a committee thereof to alter/vary/modify/amend the terms and conditions of the said appointment and/or remuneration in such manner as may be agreed to between the Board of Directors and Mr. Jitendrakumar Goutamchand Chopra within the overall limits as specified in Schedule V of the Companies Act, 2013." "RESOLVED FURTHER THAT for the purpose of giving effect to the aforesaid resolution, the Board of Directors of the Company be and is hereby authorized to do all such acts, deeds and things, as it may in its absolute discretion deem necessary, proper or desirable and to settle any question, difficulty or doubt that may arise in the said regard." 4. Appointment of Mr. Deepak Chaganlal Choudhari (DIN: 03175105) as an Executive Joint Managing Director of the Company To consider and, if thought fit, to pass with or without modifications the following resolution as a Special Resolution: "RESOLVED THAT pursuant to provisions of Section 196, 197, 203 and other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) read with Schedule V thereof, and in accordance with Articles of Association of the Company and recommendation of Nomination & Remuneration Committee and further approval of the Board of Directors and subject to such sanctions, approvals and consents as may be necessary, the consent of Members of the Company be and is hereby accorded to the appointment of Mr. Deepak Chaganlal Choudhari (DIN 03175105) as Joint Managing Director (Executive Director) of the Company for a period of three years as well as payment of remuneration to him with effect from August 10, 2018 to August 9, 2021 (including the remuneration to be paid to him in the event of loss or inadequacy of profits in any financial year during the aforesaid period), on the terms and conditions as set out in the Explanatory Statement annexed to the notice convening this meeting and as enumerated in the agreement to be entered into between the Company and Mr. Deepak Chaganlal Choudhari, with liberty to the Board of Directors or a committee thereof to alter/vary/modify/amend the terms and conditions of the said appointment and/or remuneration in such manner as may be agreed to between the Board of Directors and Mr. Deepak Chaganlal Choudhari within the overall limits as specified in Schedule V of the Companies Act, 2013." "RESOLVED FURTHER THAT for the purpose of giving effect to the aforesaid resolution, the Board of Directors of the Company be and is hereby authorized to do all such acts, deeds and things, as it may in its absolute discretion deem necessary, proper or desirable and to settle any question, difficulty or doubt that may arise in the said regard." 5. Appointment of Mrs. Sharmila Devi J Chopra as Non Executive Director (DIN: 08196831) of the Company To consider and, if thought fit, to pass with or without modifications the following resolution as an Ordinary Resolution: "RESOLVED THAT pursuant to the provisions of sections 149, 152 and other applicable provisions, if any, of the Companies Act, 2013 read with Companies (Appointment and Qualification of Directors) Rules, 2014 and SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 (including any statutory modification(s) or re-enactment thereof, for the time being in force), Mrs. Sharmila Devi J Chopra (having DIN 08196831), who was appointed as an Additional Women Director by the Board of Directors of the Company with effect from August 10, 2018 and who holds office up to the date of this Annual General Meeting in terms of Section 161 of the Companies Act, 2013 and in respect of whom the Company has received notice in writing under section 160 of the Companies Act, 2013 from a Member 1
proposing her candidature for the office of Director of the Company, be and is hereby appointed as Non-Executive Women Director of the Company and she shall be liable to retire by rotation". Place: New Delhi Date: 10th August, 2018 For & on behalf of the Board Sd/- Vijay Bhan Singh Director DIN - 07764296 NOTES: 1. Explanatory Statement setting out all material facts regarding Business contained in Item Nos. 2 to 5 as required under Section 102 (1) of the Companies Act, 2013, is annexed hereto. 2. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE ANNUAL GENERAL MEETING IS ENTITLED TO APPOINT PROXY/ PROXIES TO ATTEND AND VOTE ON POLL INSTEAD OF HIMSELF/HERSELF AND SUCH PROXY/ PROXIES NEED NOT BE A MEMBER OF THE COMPANY. A person can act as a proxy on behalf of members not exceeding fifty and holding in the aggregate not more than ten percent of the total share capital of the Company carrying voting rights. A member holding more than ten percent of the total share capital of the Company carrying voting rights may appoint a single person as proxy and such person shall not act as proxy for any other person or shareholder. Instrument appointing proxy in order to be effective should be deposited at the registered office of the company, duly completed, signed and stamped, not less than 48 hours before the commencement of the meeting. 3. Corporate members intending to send their authorized representatives to attend the Meeting are requested to send to the Company a certified copy of the Board resolution authorizing their representative to attend and vote on their behalf at the Meeting. 4. The Register of Members and Share Transfer Books of the Company will remain closed from Saturday, the 22nd September, 2018 to Thursday, the 27th September, 2018 (both days inclusive) for the purpose of this Annual General Meeting. 5. Brief details of Directors proposed to be appointed as Director as required under Regulation 36(3) of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015 and the Secretarial Standards on General Meetings, arefurnished in "Annexure- 1" to this Notice. 6. Relevant documents referred in the accompanying notice and statement are available for inspection at the Registered Office of the Company on working days between 10:00 A.M. to 1:00 P.M. upto the date of this Annual General Meeting and also at the meeting. 7. Members/Proxies should bring the attendance slips duly filled in and signed for attending the meeting. 8. Members desiring any information about the accounts and/or operations of the Company are requested to write to the Company at least seven days before the date of the Meeting so as to enable the Company to keep the information ready. 9. Members are requested to intimate the change, if any, in their registered address immediately. 10. The shareholders holding the shares in physical form are requested to update his/her PAN and bank account details with the Company. 11. The Notice of the AGM alongwith Annual Report for the financial year 2017-18 are being sent by electronic mode to all the members whose email address are registered with the Company / Depository Participant(s). For members who have not registered their email address, physical copies of the above documents are being sent by the permitted mode of dispatch. Members desiring to receive the reports in physical form, even after registering for e-mail mode, may request for the same, upon which reports will be dispatched. 12. Members who have not registered their email address, are requested to register their email address for receiving all communication from the Company electronically in order to support "Green Initiative". 13. As per the provisions of the Companies Act, 2013, facility for making nomination is available to the Members in respect of the shares held by them. 14. For any communication in this regard, members may send their requests at secretarial@clcindia.com 15. VOTING THROUGH ELECTRONIC MEANS In accordance with provisions of section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 the business may be transacted through electronic voting system and the Company intends to provide facility for voting by electronic means ("e-voting") to its members. The Company has engaged the services of Central Depository Services (India) Limited (CDSL) to provide e-voting facilities enabling the members to cast their vote in a secure manner. However, the company has not paid the Annual Custodian Fee to the CDSL due to financial difficulties, the CDSL has blocked the BENPOS and not provided the shareholders list, and the company is not in a position to conduct the e-voting process for the said meeting. Company has requested and assured the CDSL that the dues will be cleared shortly Inspite of our request, CDSL has not provided the BENPOS. 16. Mr. Loveneet Handa of M/s Loveneet Handa & Associates, Practicing Company Secretary (FCS 9055; CP- 10753) has been appointed as the Scrutinizer to scrutinize the voting process in a fair and transparent manner. 17. The result declared alongwith the Scrutinizer's Report shall be communicated to the stock exchanges, where the shares of the Company are listed. ITEM NO. 2 EXPLANATORY STATEMENT PURSUANT TO SECTION 102(1) OF THE COMPANIES ACT, 2013 The term of M/s Sunil Jain & Co., Chartered Accountants, would be expiring at the ensuing Annual General Meeting and holds office till conclusion of this 26th Annual General Meeting. The Board of Directors at their meeting held on 10th August, 2018, subject to approval of members, have approved to appoint M/s Sanjay Vhanbatte & Co., Chartered Accountants (Firm Registration No. 112996W) as Statutory 2
Auditors, in place of retiring auditors M/s Sunil Jain & Co., for a period of five years effecting from conclusion of 26th Annual General Meeting till conclusion of 31st Annual General Meeting as per the remuneration agreed between the Board of the Company and M/s. Sanjay Vhanbatte & Co. M/s Sanjay Vhanbatte & Co., Chartered Accountants (Firm Registration No. 112996W) have consented to the said appointment and confirmed that their appointment, if made, would be within the limits specified under Section 141 of the Companies Act, 2013 and that they are not disqualified from being appointed as Statutory Auditors of the Company in terms of the applicable provisions of the Act and the Companies (Audit and Auditors) Rules, 2014. None of the Directors, Key Managerial Personnel and their relatives are, in any way, concerned or interested, financially or otherwise in the Resolution set out at Item No. 2. Board of Directors recommends the ordinary resolution set forth in item No.2 of the notice for the approval of the members of the Company. ITEM NO. 3 In accordance with the Resolution Plan as approved by National Company Law Tribunal vide its order dated 31st July, 2018 under Insolvency and Bankruptcy Code, 2016, the Board of Directors of the Company at its Meeting held on 10th August, 2018 has appointed Mr. Jitendrakumar Goutamchand Chopra as an Additional Director and subject to the approval of shareholders, designated as Executive Managing Director of the Company in terms of applicable Provisions of Companies Act, 2013. Consent to act as a Director as well as disclosure for non-disqualification of Director as required under the Companies Act, 2013 have already been received from Mr. Jitendrakumar Goutamchand Chopra. The main terms and conditions of appointment including remuneration are furnished below: Sl.No. Description Mr. Jitendrakumar Goutamchand Chopra 1. Period of Agreement (Appointment) Three years from 10th August, 2018 to 9th August, 2021 2. Salary* Not exceeding Rs. 2.50 lakhs per month Salary includes additional Salary, Special Allowance, Performance Salary, Performance linked incentive, Choice Pay and any other allowance as may be determined by the Committee/Committee from time to time. 3. Perks/Perquisites a). Company Car(s) with Chauffeur(s), b). Mobile, Data Card, Land line & Fax connection with Internet facility at residence. c). Club Fee subject to maximum of two clubs. d). e). f). g). Personal Accident Insurance, Medi claim Insurance as per Company policy. Company's contribution to Provident Fund, Superannuation Fund or Annuity fund to the extent these either singly or put together are not taxable under the Income Tax Act, 1961. Leave encashment/ encashment of un-availed leave in accordance with rules specified by the Company. Gratuity payable at a rate not exceeding half a month's salary for each completed year of service under the provisions of Payment of Gratuity Act, 1972. 4. Other Terms a) No sitting fees shall be paid to the Managing Director for attending meetings of Board of Directors/Committee thereof. b). c). d). Reimbursement of all entertainment, travelling, hotel and other expenses actually incurred by him in connection with the business of the Company. The Managing Director shall not be liable to retire by rotation. Mr. Jitendrakumar Goutamchand Chopra may claim remuneration voluntarily, less than 2.50 Lakh for such period at his discretion, if he so desired. I. General Information 1. Nature of Industry - Textiles Industry 2. Date or expected date of commencement of commercial production: The Company was incorporated on 18.11.1991 and had already commenced commercial production thereafter. 3. In case of new Companies, Expected date of commencement of activities as per project approved by financial institutions appearing in the prospectus: Not applicable, as the Company was incorporated on 18.11.1991. 4. Financial performance based on given indicators (as per audited financial statements for the year ended 31.03.2018) 3
5. Foreign investments or collaborations, if any: The draft of Agreement to be entered into between the Company and Mr. Jitendrakumar Goutamchand Chopra for appointment and remuneration is available for inspection by the members at the Registered Office of the Company during the business hours on any working day. The explanatory statement may also be regarded as a disclosure under SEBI (LODR) Regulations. Mr. Jitendrakumar Goutamchand Chopra, being the appointee, is interested in the resolution set out at Item No. 3 of the Notice. Mrs. Sharmila Devi J Chopra, Director being related to Shri Jitendrakumar Goutamchand Chopra may be deemed to be interested in the said resolution. Save and except the above, none of the other Directors/Key Managerial Personnel of the Company/ their relatives are, in any way, concerned or interested, financially or otherwise, in the resolution set out in Item No. 3. The Board of Directors recommends the Special Resolution set forth in Item No. 3 of the accompanying Notice for the approval of the Members of the Company. ITEM NO. 4 In accordance with the Resolution Plan as approved by National Company Law Tribunal vide its order dated 31st July, 2018 under Insolvency and Bankruptcy Code, 2016, the Board of Directors of the Company at its Meeting held on 10th August, 2018 has appointed Mr. Deepak Chaganlal Choudhari as an Additional Director and subject to the approval of shareholders, designated as Executive Joint Managing Director of the Company in terms of applicable Provisions of Companies Act, 2013. Consent to act as a Director as well as disclosure for non-disqualification of Director as required under the Companies Act, 2013 have already been received from Mr. Deepak Chaganlal Choudhari. The main terms and conditions of appointment including remuneration are furnished below: Sl.No. Particulars Rs. In Lakh Sales and other Income - EBIDTA (3,306.26) Net Profit/(Loss) (3,662.10) Description Mr. Deepak Chaganlal Choudhari 1. Period of Agreement (Appointment) Three years from 10th August, 2018 to 9th August, 2021 2. Salary* Not exceeding Rs. 2.50 lakhs per month Salary includes additional Salary, Special Allowance, Performance Salary, Performance linked incentive, Choice Pay and any other allowance as may be determined by the Committee/Committee from time to time. 3. Perks/Perquisites a). Company Car(s) with Chauffeur(s), b). c). d). e). f). g). Mobile, Data Card, Land line & Fax connection with Internet facility at residence. Club Fee subject to maximum of two clubs. Personal Accident Insurance, Medi claim Insurance as per Company policy. Company's contribution to Provident Fund, Superannuation Fund or Annuity fund to the extent these either singly or put together are not taxable under the Income Tax Act, 1961. Leave encashment/ encashment of un-availed leave in accordance with rules specified by the Company. Gratuity payable at a rate not exceeding half a month's salary for each completed year of service under the provisions of Payment of Gratuity Act, 1972. 4. Other Terms a). No sitting fees shall be paid to the Joint Managing Director for attending meetings of Board of Directors/ Committee thereof. b). c). d). Reimbursement of all entertainment, travelling, hotel and other expenses actually incurred by him in connection with the business of the Company. Joint Managing Director shall be liable to retire by rotation. Mr. Deepak Ch agan lal Ch ou dh ar i may claim remuneration voluntarily, less than 2.50 Lakh for such period at his discretion, if he so desired 4
I. General Information 1. Nature of Industry - Textiles Industry 2. Date or expected date of commencement of commercial production: The Company was incorporated on 18.11.1991 and had already commenced commercial production thereafter. 3. In case of new Companies, Expected date of commencement of activities as per project approved by financial institutions appearing in the prospectus: Not applicable, as the Company was incorporated on 18.11.1991. 4. Financial performance based on given indicators (as per audited financial statements for the year ended 31.03.2018) Particulars Rs. In Lakh Sales and other Income - EBIDTA (3,306.26) Net Profit/(Loss) (3,662.10) 5. Foreign investments or collaborations, if any: The draft of Agreement to be entered into between the Company and Mr. Deepak Chaganlal Choudhari for appointment and remuneration is available for inspection by the members at the Registered Office of the Company during the business hours on any working day. The explanatory statement may also be regarded as a disclosure under SEBI (LODR) Regulations. Shri Deepak Chaganlal Choudhari, being the appointee, is interested in the resolution set out at Item No. 4 of the Notice. Save and except the above, none of the other Directors/Key Managerial Personnel of the Company/ their relatives are, in any way, concerned or interested, financially or otherwise, in the resolution set out in Item No. 4. The Board of Directors recommends the Special Resolution set forth in Item No. 4 of the accompanying Notice for the approval of the Members of the Company. ITEM NO. 5 The Board of Directors appointed Mrs. Sharmila Devi J Chopra as an Additional Non-Executive Director of the Company w.e.f 10th August, 2018. In terms of Section 161(1) of the Companies Act, 2013, Mrs. Sharmila Devi J Chopra holds office upto the date of this Annual General Meeting and is eligible for re-appointment. The Company has received notices in writing from members proposing her candidature for the office of Non-Executive Director of the Company in terms of section 160 of the Companies Act, 2013. In terms of Section 149, 152 and any other applicable provisions of the Companies Act, 2013 and read with rules made thereunder and Schedule IV of the Companies Act, 2013, it is proposed to appoint Mrs. Sharmila Devi J Chopra as Non-Executive Director for a period of 5 consecutive years from the date of their first appointment in the Company, whose office shall be liable to retire by rotation. Mrs. Sharmila Devi J Chopra would bring valuable experience to the Board and the Company would benefit from her appointment as Director. Mrs. Sharmila Devi J Chopra will be entitled to sitting fees as per Nomination & Remuneration Policy of the Company. Mrs. Sharmila Devi J Chopra has given her declarations to the Board of Directors of the Company that she meets the criteria of independence as required under section 149 of the Companies Act, 2013 along with her consent to act as Director of the Company. She is not disqualified from being appointed as Director in terms of section 164 of the Companies Act, 2013. Brief details of Mrs. Sharmila Devi J Chopra as required under Regulation 36(3) of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015 and the Secretarial Standards on General Meetings, are furnished in Annexure - I to the Notice. Mrs. Sharmila Devi J Chopra being appointee and Mr. Jitendrakumar J Chopra, Managing Director are interested in her appointment. Save and except above, none of the Directors and Key Managerial Personnel of the Company and their relatives are concerned or interested, financially or otherwise, in the resolution set out at Item Nos. 5. The Board recommends the Ordinary Resolutions set out at Items No. 5 of the accompanying Notice for the approval of the members of the Company. Place: New Delhi Date: 10th August, 2018 For & on behalf of the Board Sd/- Vijay Bhan Singh Director DIN - 07764296 5
Annexure-1 Details of Directors proposed to be appointed as Director as required under Regulation 36(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Secretarial Standards on General Meetings. Name of the Director DIN Age Qualifications Date of joining the Board Brief resume and Nature of Expertise in specific functions Shareholding in the Company Last Drawn Remuneration Mr. Jitendrakumar Goutamchand Chopra 08196887 38 Post Graduation in Commerce 10th August, 2018 Mr. Jitendra Chopra has done Post Graduation in Commerce from Shivaji University, Kolhapur and has over 12 years of experience in Yarn Trading and Processing Business. He is the proprietor of M/s Universal Cottex and many small SSI firms which is into Weaving Business. He was pioneer in growing the Yarn Trading Business into manifold level. Relationship with other Mr. Jitendra kumar Chopra is directors or key husband of Mrs. Sharmila Devi managerial personnel J Chopra. of the Company Directorship in other companies Membership/ Chairmanship in committees of other Board Number of meeting of the Board attended during the year Mr. Deepak Chaganlal Choudhari 03175105 44 B.Com 10th August, 2018 Mr. Deepak Chaganlal Choudhari is a Commerce Graduate from Shivaji University, Kolhapur and has over 19 years of experience in Yarn Manufacturing and Fabric Processing Business. Mr. Deepak Choudhari ventured into Fabric Processing Business in 1999 by joining his father in M/s Arihant Yarn Processors Pvt Ltd. He has built up huge distribution network in Yarn and Fabric Marketing and has expertise and experience in purchase of Cotton and its processing. None Siddarth Emporium India Pvt. Ltd. and Sharad Cotspin Mrs. Sharmila Devi J Chopra 08196831 38 B.Com 10th August, 2018 Mrs. Sharmila Devi J Chopra, has done Graduation in Commerce from Pali, Rajsthan, and has over 6 years of experience in Yarn Trading and Processing Business. Her husband Mr. Jitendrakumar Chopra is the proprietor of M/s Universal Cottex and many small SSI firms which is into weaving Business through Powered Looms. Mrs. Sharmila Devi J Chopra is wife of Mr. Jitendra Kumar Chopra 6
Regd. Office: A-60, Okhla Industrial Area, Phase II, New Delhi 110 020 ATTENDANCE SLIP DP ID... Client ID... Regd. Folio No....... No. of Shares held...... I certify that I am a registered Member/Proxy for the registered member of the Company. I hereby record my presence at the 26th Annual General Meeting of the Company on Thursday, the 27th day of September, 2018 at 11:30 A.M at Bipin Chandra Pal Memorial Bhavan, A-81, Chittaranjan Park, New Delhi 110019...... Name of the Member/Proxy (in BLOCK LETTERS) Signature of Member/Proxy Note: Please complete this attendance slip and hand it over at the Entrance of the Meeting Hall -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Proxy Form Pursuant to section 105(6) of the Companies Act, 2013 and Rule 19(3) of Companies (Management and Administration) Rules, 2014 CIN : L17100DL1991PLC171468 Name of the company : AMIT SPINNING INDUSTRIES LTD Registered office : A-60 OKHLA INDUSTRIAL AREA, PHASE II, NEW DELHI, 110020 Name of the Member (s) : Registered address : E-mail Id : Folio No/ DP ID Client Id : I/We, being the member (s) of. shares of the above named company, hereby appoint 1. Name:.. Address:...... E-mail Id:. Signature:.. 2. Name:.. Address:... E-mail Id:. Signature:... as my/our proxy to attend and vote (on a poll) for me/us and on my/our behalf at the 26th Annual general meeting of the company, to be held on Thursday, the 27th day of September, 2018 at 11:30 at Bipin Chandra Pal Memorial Bhavan, A-81, Chittaranjan Park, New Delhi 110019 in respect of such resolutions as are indicated below: Res No. Resolutions Ordinary Business : 1. Adoption of Financial Statements, Reports of Directors and Auditors of the Company for the financial year ended 31st March, 2018. 2. Appointment of Statutory Auditors of the Company and fixation of their remuneration. Special Business: 3. Appointment of Mr. Jitendrakumar Goutamchand Chopra (DIN: 08196887) as Executive Managing Director of the Company 4. Appointment of Mr. Deepak Chaganlal Choudhari (DIN: 03175105) as an Executive Joint Managing Director of the Company 5. Appointment of Mrs. Sharmila Devi J Chopra as Non Executive Director (DIN: 08196831) of the Company Signed this... day of.... 20... Signature of shareholder Signature of Proxy holder(s) Affix One Rupee Revenue Stamp Note: This form of proxy in order to be effective should be duly completed and deposited at the Registered Office of the Company, not less than 48 hours before the commencement of the Meeting. 7
Rute map for AGM venue Venue: Bipin Chandra Pal Memorial Bhavan, A-81, Chittaranjan Park, New Delhi 110019 AGM Venue 8