ESIILE
An ISO 9fl)1 Company
&[MIITFIEID
CNN
: |25119AP|$4PLC004719
PLOT NO 149 A OLD Mt-A COLONY, ROAD NO 12, BANJARA H|LLS, HYDEMBAD,lNDlA500034 Phone : +91 40 23606641 Fax : +91 40 23606640 E-mail :
[email protected]
uabsite : wuru.nlblimited.cqn
PROCEEDINGS OF THE 32"d ANNUAL GENERAL MEETING OF THE MEMBERS oF NILE LIMITED HELD oN FRtDAy 3oth SEPTEMBER, 2016,AT 10:00 A.M., AT THE REGISTERED OFFICE OF THE COMPANY AT PLOT NO, 38 & 40, APIIC
INDUSTRIAL PARK, GAJULAMANDYAM VILLAGE, RENIGUNTA MANDAL, TIRUPATI, ANDHRA PRADESH . 5''7 520. Present: Mr. Vuyyuru Ramesh
Chairman and Managing Director, and Representative of Mr. Satish Malladi, Chairman of Stakeholders Relationship Committee,
Mr. Sandeep Vuyyuru Ramesh
Executive Director, and Representative of Mr. Satish Malladi, Chairman of CSR Committee
Mr. S.V. Narasimha Rao
Independent Director, Chairman of Audit Committee, and Representative of Mr. Satish Malladi, Chairman of Nomination and Remuneration Committee
Mr. Bikram Keshari Prusty
Company Secretary
Mr. G. Srinivasa Rao
Representative of M/s. JVSL & Associates, Chartered Accountants, Statutorv Auditors of the Company
Mr. V. Mohan Rao
Secretarial Auditor, and Scrutiniser
20 members (including 2 Directors, and Company Secretary) in person were present at the meeting. Mr. Bikram Keshari Prusty, Company Secretary, welcomed the Directors; Members, Auditors and Scrutiniser to the meeting. Mr. V. Ramesh, Chairman and Managing Director Chaired the meeting, and stated that the reqursite quorum was present and called the meeting to order.
Puge
tugd. Olfle .'Plot No. 38 & 40, APIIC lndustrial Parft, Gajulamandyam (V), Renigunta
I
cil
.1
(Dist,) A.P, India-Sl7 520
The Chairman fufther stated that the Register of Directors and Key Managerial Personnel and their shareholding, Register of Contracts with Related party and Contracts and Bodies etc., in which Directors are interested, and other documents contained in the Notice of 32nd Annual General Meeting were available for inspection of the members
With the concurrence of the members present, the notice convening 32'd AGM of the company was taken as read. On the request of the Chairman Company Secretary read out the Auditors' Report.
The Company Secretary briefed that as per the provisions of the Companies Act, 2013 and Rules made thereunder and Regulation 44 of the SEBI (LODR) Regulations, 2015, the Company had provided e-voting facility to all the shareholders to exercise their votes on all proposed resolutions set out in the Notice dated 13'n August,2016. The e-voting commenced at '10.00 A M. on 27th September, 2016 and ended at 5:00 P.M. on 29tn September, 2016. As per the provisions of the Companies Act, 2013 all resolutions proposed in the AGM Notice dated 13th August, 2016 will be decided through poll only and not by show of hands. Fudher, the Company Secretary informed that the shareholders as on the cut off date (i.e., as on 23'd September, 2016), who have not exercised their vote through evoting platform, can parlicipate in the poll to be ordered by the Chairman. Mr V. Mohan Rao, Practising Company Secretary, is appointed as scrutiniser for this purpose. He will consolidate all the votes castes through poll, and through e-voting and submit the report to the Chairman, who will declare the result thereof. The Chairman invited observations, comments, questions, if any, from the members on the financial statements for the financial year ended 31't March, 2016.
As there were no questions from the members, the Chairman requested
the members to propose and second the resolutions, one by one, as set out in the AGM Notice.
The Company Secretary read out the proposed resolutions, and members present at the meeting proposed and seconded the proposed resolutions.
After that the Chairman ordered for poll on all the resolutions as set out in AGM Notrce dated 13th AugusI, 2016, and requested the Company Secretary to distribute Poll Forms to the eligible members to exercise their votes. After voting by poll was over, the Chairman requested Mr. V. Mohan Rao, Scrutiniser, to takeover the Ballot Box and submit the combined report (e-voting, and Poll) not later than 1:00 P.M. on 30th September,2016.
The Chairman informed that after receipt of the Scrutiniser's Report, he will declare results of the resolutions and the same will be uploaded to Company website (www.nilelimited.com) and intimated to BSE Ltd., Stock Exchange.
l'age
) ol .1
The Chairman authorised Mr, Bikram Keshari Prusty, Company Secretary to intimate BSE Ltd', and Registrar of Companies about the proceedings of tnis meeiing, There being no other business, the Chairman declared conclusion of the General Meeting.
32nd
Annual
Company Secretary FCS-7855
Page 3
tf
-)
