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Sarda Energy & Minerals informs about outcome of AGM

24 Sep 2020 Evaluate
Sarda Energy & Mineral has informed that 47th Annual General Meeting of the Members of the Company was held on Thursday, the 24 day of September, 2020 at 11.30 am through VC/OAVM, which concluded at 12.15 pm. The voting has been done by remote e-voting and e-voting at the AGM. The members transacted the following business: Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended on 31st March, 2020, the reports of the Board of Directors and Auditors thereon, and the Audited Consolidated Financial Statements of the Company for the financial year ended on 31st March, 2020; Payment of dividend of Rs 5 per equity share (50%) of the face value of Rs 10 each for the FY 2019-20;  Re-appointment of Pankaj Sarda (DIN : 00008190), as Director, who retired by rotation at the Annual General Meeting and being eligible, had offered himself for re-appointment. Ratification of remuneration payable to S.N. & Co., Cost & Management Accountants, the Cost Auditors of the Company for the FY 2020-21; Approval to re-appointment of K.K. Sarda (DIN: 0000817) as Chairman & Managing Director for a period of five years from 1st April, 2020; Authorization to create, offer, invite for subscription, issue and allot, from time to time, in one or more tranches and/or series, whether secured or unsecured, cumulative or non-cumulative, listed or unlisted, redeemable non-convertible debentures and/or other debt securities, aggregating to an amount not exceeding Rs 500 crore; and approval for further issue of securities. The results of the voting (e-voting and voting at the AGM) will be submitted on receipt of voting details from NSDL and the voting report from the scrutinizer appointed for the purpose.

The above information is a part of company’s filings submitted to BSE.

Sarda Energy&Min. Share Price

595.75 -1.95 (-0.33%)
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