| AGM 11/08/2011
Apollo Tyres Ltd has informed BSE that has informed BSE that the members at the 38th Annual General Meeting (AGM) of the Company held on August 11, 2011, inter alia, have transact to the following:
1. Adoption of the Audited Accounts of the Company for the year ended March 31, 2011 and the Reports of the Directors and of the Auditors thereon.
2. Declaration of the dividend @ Re. 0.50 per Equity Share on 50,40,24,770 Equity Shares of the Company relating to the year ended March 31, 2011.
3. Re-appointment of Mr. T. Balakrishnan, as a Director of the Company.
4. Re-appointment of Mr. Robert Steinmetz, as a Director of the Company.
5. Re-appointment of Mr. A. K. Purwar, as a Director of the Company.
6. Re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, the retiring auditors, as auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company for auditing the accounts of the Company, on remuneration, terms & conditions.
7. Appointment of Mr. Shardul S. Shroff, as Director of the Company, liable to retire by rotation.
8. Accorded consent for payment of a sum, not exceeding one percent per annum of the net profits of the Company, calculated in accordance with the provisions of Sections 198, 349 and 350 of the Act, to the Directors of the Company or to some/any of them (other than the Managing/Whole Time Directors) in such amounts or proportions and in such manner as may be decided by the Board of Directors for each year and such payments shall be made in respect of the profits of the Company for a period of 5 years commencing from April 01, 2012 to March 31, 2017, subject to necessary provisions and approvals.
(As Per BSE Announcement Website dated on 08.09.2011) |
| Apollo Tyres Ltd has informed BSE that the Annual General Meeting(AGM) of the Company is to be held on July 18, 2008.
Apollo Tyres Ltd has informed BSE that 35th Annual General Meeting (AGM) of the members of the Company will be held on July 18, 2008, inter alia, have accorded to the following:
1. To receive, consider and adopt the audited accounts of the company for the year ended March 31, 2008 and the report of the directors and of the auditors thereon.
2. To declare a dividend on Equity Shares.
3. To appoint Directors in place of Mr. T Balkrishnan, Mr. Robert Steinmetz & Mr. Raaja Kanwar, who retire by rotation & being eligible, offers themselves for re-appointment.
4. To appoint M/s. Deloitte Haskins & Sells, Chartered Accountants, the retiring auditors of the Company to hold office until the conclusion of the next annual general meeting for auditing the accounts of the Company for the financial year 2008-2009 and authorized the Board of Directors of the Company to fix their remuneration.
5. To appoint Mr. A K Purwar, who was appointed by the Board of Directors of the Company as an Additional Director with effect from October 26, 2007 and who holds office as such up-to the date of the Annual General Meeting and in respect of whom the Company has received a Notice in writing from a member proposing his candidature for the office of Director, a Director of the Company liable to retire by rotation.
6. To re-appoint Mr. Neeraj Kanwar as a Joint Managing Director of the Company for a further period of five years with effect from May 28, 2009, with such designation as the Chairman & Managing Director may decide from time to time on remuneration, terms and conditions.
7. To re-appoint Mr. Sunam Sarkar, Chief (Corp. Strategy & Marketing and Whole Time Director) as a Whole Time Director of the Company for a period of five years with effect from January 28, 2009, with such designation as the Chairman & Managing Director may decide from time to time on remuneration, terms and conditions.
8. To create, grant, offer, issue and allot, in one or more tranches, to the permanent employees of the company, whether working in India or out of India, and to the directors of the company whether whole-time director or otherwise, and to such other persons as may from time to time be allowed to enjoy the benefits under applicable laws and regulations prevailing from time to time ('Employees') as may be decided by the board, options exercisable by the employees under the scheme titled 'Apollo Tyres Ltd - Employee Stock Option Scheme, 2008' ("the scheme") to subscribe such number of equity shares, of the company note in aggregate 1% of the issued, subscribed and paid-up enquiry shares of the company as on May 09, 2008 i.e. up to 50,40,248 equity shares of the company, at such price or prices, in such manner, and on such remuneration, terms and conditions, subject to necessary provision and approvals.
(As per BSE Announcement Website dated on 20/06/2008) |