| 11-Feb-12 |
| Bajaj Hindusthan Ltd has informed BSE that the 80th Annual General Meeting (AGM) of the Company was held on February 11, 2012. |
| 22-Mar-11 |
| Bajaj Hindusthan Ltd has informed BSE that the 79th Annual General Meeting (AGM) of the Company will be held on March 22, 2011.
Bajaj Hindusthan Ltd has informed BSE that the members at the 79th Annual General Meeting (AGM) of the Company held on March 22, 2011, inter alia, have passed the following resolutions:
- Ordinary Business
1. Adoption of the Audited Balance Sheet as at September 30, 2010, the Profit & Loss Account and Cash Flow Statement for the year ended on that date and the Reports of the Directors' and Auditors' thereon.
2. Approval for payment of dividend at the rate of 70% (Rs. 0.70 per share) on Equity Shares of face value Re. 1 /- each for the year ended September 30, 2010.
3. Re-appointment of Mr. D. S. Mehta as Director of the Company, liable to retire by rotation.
4. Re-appointment of Mr. M. L. Apte as Director of the Company, liable to retire by rotation.
5. Re-appointment of M/s. Chaturvedi & Shah, as Statutory Auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next (80th) Annual General Meeting of the Company.
- Special Business
6. Approval under Section 81(1A) of the Companies Act, 1956 for issue of further shares by way of QIP/GDR/FCCB issue etc.
(As Per BSE Announcement Website dated on 22.03.2011)
Bajaj Hindusthan Ltd has submitted to BSE a copy of the minutes of the 79th Annual General Meeting (AGM) of the Shareholders of the Company held on March 22, 2011
(As Per BSE Announcement Website dated on 20.04.2011) |
| 18-Mar-10 |
| Bajaj Hindusthan Ltd has informed BSE that the 78th Annual General Meeting (AGM) of the Company will be held on March 18, 2010 , inter alia, to transact the following:
1. To receive, consider and adopt the Audited Profit & Loss Account for the Financial Year ended September 30, 2009 and the Balance Sheet as at that date together with the Reports of the Board of Directors and Auditors thereon.
2. To declare dividend on Equity Shares for the year ended September 30, 2009.
3. To appoint Directors in place of Mr. R. V. Ruia & Mr. Alok Krishna Agarwal, who retires by rotation and being eligible, offers themselves for re-appointment.
4. To appoint M/s. Chaturvedi & Shah, Chartered Accountants, as Auditors of the Company to hold office from conclusion of this (78th) Annual General Meeting until the conclusion of the next (79th) Annual General Meeting of the Company on remuneration as may be fixed by the Board of Directors of the Company in place of the retiring Auditors M/s. Dalal & Shah, Chartered Accountants, who have given a Notice in writing expressing their unwillingness to offer themselves for re-appointment as the Auditors of the Company.
5. To appoint Dr. Sanjeev Kumar, as a Director of the Company, liable to retire by rotation.
6. Revision in the terms of remuneration of Mr. Shishir Bajaj, Managing Director, with effect from December 16, 2009 till the remaining tenure of the present term of Managing Director expiring on June 30, 2013.
7. To borrow any sum or sums of money from time to time at their discretion, for the purpose of the business of the Company, which together with the monies already borrowed by the Company, (apart from temporary loans obtained from the Company's Bankers in the ordinary course of business) may exceed at any time, the aggregate of the paid-up capital of the Company and its free reserves (that is to say, reserves not set apart for any specific purpose) by a sum not exceeding Rs. 6000 Crores (Rupees Six Thousand Crores) and that the Board of Directors be and is hereby empowered and authorised to arrange or fix the terms and conditions of all such monies to be borrowed from time to time as to interest, repayment, security or otherwise as it may think fit, subject to necessary provisions & approvals.
8. To mortgage and/or charge, in addition to the mortgages and/or charges created/to be created by the Company, in such form and manner and with such ranking as to priority and for such time and on such terms as the Board may determine, all or any of the movable and/or immovable, tangible and/or intangible properties of the Company, both present and future and/or the whole or any part of the undertaking(s) of the Company together with the power to take over the management of the business and concern of the Company in certain events of default, in favour of the lender(s), agent(s), trusteed) for securing the borrowings of the Company availed/to be availed by way of loan(s) (in foreign currency and/or rupee currency) and securities {comprising fully/partly convertible debentures and/or non-convertible debentures with or without detachable or non-detachable warrants and/or secured premium notes and/or floating rates notes/bonds or other debt instruments), issued /to be issued by the Company, from time to time, subject to the limits approved under Section 293(1)(d) of the Companies Act, 1956, together with interest at the respective agreed rates, additional interest, compound interest in case of default, accumulated interest, liquidated damages, commitment charges, premia on pre-payment, remuneration of agent(s) / trustee(s), premium (if any) on redemption, all other costs, charges and expenses, including any increase as a result of devaluation/ revaluation/ fluctuation in the rates of exchange and all other monies payable by the Company in terms of loan agreements), heads of agreements), debenture trust deed(s) or any other document entered into/to be entered into between the Company and the lender(sV agent(sV trustees), in respect of the said loans/ borrowings/ debentures and containing such specific terms and conditions and covenants in respect of enforcement of security as may be stipulated in that behalf and agreed to between the Board of Directors or Committee thereof and the lenders/ agent(s)/trustee(s), subject to necessary provisions & approvals.
9. To reclassify the Authorised Share Capital of the Company comprising of 30,00,00,000 (Thirty Crores) Equity Shares of Re. 1/- each and 50,00,00,000 (Fifty Crores) Unclassified Shares of Re. 1/- each, aggregating to Rs.80,00,00,000/- (Rupees Eighty Crores only) in to 80,00,00,000 (Eighty Crores) Equity Shares of Re.1/- each (Rupee One only) aggregating to Rs. 80,00,00,000/- (Rupees Eighty Crores only) & consequential amendment in the Memorandum of Association of the Company.
Bajaj Hindusthan Ltd has informed BSE that the members at the 78th Annual General Meeting (AGM) of the Company held on March 18, 2010, inter alia, have passed the following resolutions:
1. Adoption of the Audited Profit & Loss Account for the Financial Year ended September 30, 2009 and the Balance Sheet as, at that date together with the Reports of the Board of Directors and Auditors thereon.
2. Approval for payment of dividend at the rate of 70% (Rs. 0.70 per share) on Equity Shares of face value Re. 1/- each for the year ended September 30, 2009.
3. Re-appointment of Mr. R. V. Ruia & Mr. Alok Krishna Agarwal as Directors of the Company, liable to retire by rotation;
4. Appointment of M/s. Chaturvedi & Shah, as Statutory Auditors to hold office from the conclusion of this (78th) Annual General Meeting until the conclusion of the next (79th) Annual General Meeting of the Company in place of M/s. Dalal & Shah who have expressed their unwillingness for re-appointment as Auditors of the Company;
5. Appointment of Dr. Sanjeev Kumar, Director (Corporate & Legal Affairs) and earlier holding office as an Additional Director of the Company, as a Director liable to retire by rotation.
6. Revision in terms of remuneration of Mr. Shishir Bajaj, Managing Director.
7. Authorising the board of Directors under section 293(1)(d) of the Companies Act, 1956 with an enabling power to borrow in excess of the paid-up capital and free reserves of the Company by a sum not exceeding Rs. 6,000 crore.
8. Approval under section 293(1)(a) of the Companies Act, 1956 for creation of security upto the aforesaid enhanced amount of borrowing limits.
9. Approval for alteration in Authorised Share Capital of the Company by reclassifying the entire authorised capital of Rs. 80 crore comprising of only Equity Share Capital.
(As Per BSE Announcement Website dated on 18.03.2010)
Bajaj Hindusthan Ltd has submitted to BSE a copy of the Minutes of 78th Annual General Meeting (AGM) of the shareholders of the Company was held on March 18, 2010.
(As Per BSE Announcement Website dated on 14.04.2010) |
| 24-Mar-09 |
| Bajaj Hindusthan Ltd has informed BSE that the members at the 77th Annual General Meeting (AGM) of the Company held on March 24, 2009, inter alia, have passed the following resolutions:
1. Approval of audited Balance sheet as on September 30, 2008, the Profit and Loss account and Cash Flow statement for the year ended on that date and the reports of Directors and Auditors report thereon.
2. Approval for payment of dividend at the rate of 60% (Rs 0.60 per share )on Equity Shares of Re 1/- each for the year ended September 30, 2008.
3. Re-appointment of Mr. M L Apte & Mr. D S Mehta as Directors of the Company, liable to retire by rotation.
4. Re-appointment of M/s. Dalal & Shah, as Statutory Auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next (78th) Annual. General Meeting of the Company.
5. Re-appointment and Remuneration, of Mr. Shishir Bajaj as Managing Director for a period of five years w.e.f. July 01, 2008.
6. Approval under Section 81(1A) of the Companies Act, 1956 for issue of further shares by way of QIP/GDR/FCCB issue etc.
7. Approval under Section 293(1)(d) of the Companies Act, 1956 for increase in additional borrowing limit not exceeding Rs 2,500 crore.
8. Approval under Section 293(1)(a) of the Companies Act, 1956 for creation of security upto the enhanced additional borrowing limits not exceeding Rs 2,500 crore.
9. Appointment of Mr. D K Shukla, as Director of the Company liable to retire by rotation. |
| 26-Feb-08 |
| Bajaj Hindusthan Ltd has informed BSE that the 16th Annual General Meeting (AGM) of the members of the Company will be held on February 26, 2008, inter alia, to transact the following:
1. To consider and adopt the Audited Profit & Loss Account for the financial year ended September 30, 2007 and the Balance Sheet as at that date together with Reports of the Directors and Auditors thereon.
2. To declare a dividend on Equity Shares for the year ended September 30, 2007.
3. To appoint Directors in place of Mr. Suresh A Kotak & Mr. Ravindrakumar V Ruia, who retires by rotation and being eligible offers themselves for re-appointment.
4. To appoint M/s. Dalal and Shah, Chartered Accountants retiring Auditors, as Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration, terms and conditions.
5. To appoint Mr. Alok Krishna Agarwal as a Director of the Company, liable to retire by rotation.
6. To appoint Mr. Kushagra Bajaj as a Director of the Company.
7. To appoint Mr. Kushagra Bajaj as Joint Managing Director of the Company for a period of Five (5) years with effect from the April 24, 2007, on remuneration, terms & conditions.
8. Revision in the remuneration payable to Mr. Shishir Bajaj as Managing Director of the Company, with effect from commencement of financial year 2006-2007, i.e. October 01, 2006 till the remaining tenure of the present term, i.e. up to June 30, 2008, on necessary terms & conditions.
9. Payment of the remuneration payable to Mr. I D Mittal as Chief Executive Director of the Company, with effect from commencement of financial year 2006-2007, i.e. October 01, 2006 till the remaining tenure of the last term, i.e. up to October 18, 2007, on necessary terms & conditions.
10. To re-appoint Mr. I D Mittal as Chief Executive Director of the Company for a period of 3 years w.e.f. October 19, 2007, on remuneration, terms and conditions.
11. To issue, offer and allot by way of public issue rights issue or otherwise in Indian and / or International markets, equity shares of the Company ( "Equity Shares") and / or any instruments or securities including Global Depository Receipts and American Depository Receipts representing Equity Shares and / or convertible into Equity Shares (either at the option of the Company or holder thereof) any such instrument or security [Debentures or Bonds or Foreign Currency Convertible Bonds (FCCBs)] being either with or without detachable warrants attached thereto entitling the warrant holder to apply for Equity Share / instruments or securities including Global Depository Receipts and American Depository Receipts representing Equity Shares ("Securities") to be subscribed to in Indian and / or any foreign currency(ies) by resident or non-resident / foreign investors (whether institutions and / or incorporated bodies and / or individuals and / or trusts and / or otherwise)/ Foreign Institutional Investors (FIIs) / Mutual Funds / Pension Funds / Venture Capital Funds / Banks and such other persons or entities, whether or not such investors are members of the Company, all or any of them, jointly or severally though prospectus, offer document and / or other letter or circular ("Offer Document") and / or on private placement basis, from time to time in one or more tranches as may be deemed appropriate by the Board upto an aggregate of 3,50,00,000 equity shares (three crore fifty lakh) of the face value of Re 1/- each and such issue and allotment to be made on such occasion or occasions, at such value or values, at a discount or at a premium to the market price prevailing at the time of the issue and in such form and manner and on such terms and conditions or such modifications thereto as the Board may determine in consultation with the Lead Manager(s) and / or Underwriters and / or other Advisors, with authority to retain over subscription upto such percentage as may be permitted by the Appropriate Authorities, with or without voting rights in general meetings / class meetings, at such price or prices, at such interest or additional interest, at a discount or at a premium on the market price or prices and in such form and manner and on such terms and conditions or such modifications to be the number of Securities to be issued, face value, rate of interest, redemption period, manner of redemption, amount of premium on redemption / prepayment, number of further equity shares, to be allotted on conversion / redemption / extinguishments of debt(s), exercise of rights attached to the warrants, the ratio of exchange of shares and / or warrants and / or any other financial instrument, period of conversion, fixing of record date or book closure and all other related or incidental matters as the Board may in its absolute discretion think fit and decide in consultation with the appropriate authority(ies), the Merchant Banker(s) and / or Lead Manager(s) and / or Underwriter(s) and / or Advisor(s) and / or such other person(s), but without requiring any further approval or consent from the shareholders and also subject to the applicable guidelines for the time being in force, subject to necessary provisions & approvals.
Bajaj Hindusthan Ltd has informed BSE that the members at the 76th Annual General Meeting (AGM) of the Company held on February 26, 2008, inter alia, have approved the following:
1. Audited Balance sheet as on September 30, 2007, the Profit and Loss account and cash Flow statement for the year ended on that date and the reports of Directors' and Auditors report thereon.
2. Dividend at the rate of 60% (Rs 0.60 per Share) on Equity Shares of Re 1/- each for the year ended September 30, 2007.
3. Re-appointment of Mr. Suresh A Kotak & Mr. Ravindrakumar V Ruia as Directors of the Company, liable to retire by rotation.
4. Re-appointment of M/s. Dalal & Shah, as Statutory Auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next (77th) Annual General Meeting of the Company.
5. Appointment of Mr. Alok Krishna Agarwal as Director of the Company, liable to retire by rotation.
6. Appointment of Mr. Kushagra Bajaj as Director of the Company, not liable to retire by rotation.
7. Appointment and Remuneration of Mr. Kushagra Bajaj as Joint Managing Director of the Company for 5 year w.e.f. April 24, 2007.
8. Revision in remuneration of Mr. Shishir Bajaj as Chairman & Managing Director of the Company.
9. Payment of the existing remuneration as the Minimum Remuneration in terms of the requirement of Schedule XIII to the Companies Act, 1956 to Mr. I D Mittal, Chief Executive Director during October 01, 2006 to October 18, 2007.
10. Re-appointment and remuneration of Mr. I D Mittal as Chief Executive Director for three years w.e.f. October 19, 2007.
11. Approval under section 81 (1A) of the Companies Act, 1956 for issue of further shares by way of QIP / GDR / FCCB issue etc.
(As per BSE Announcement Website dated on 26/02/2008)
Bajaj Hindusthan Ltd has informed BSE that the members at the 76th Annual General Meeting (AGM) of the Company held on February 26, 2008, inter alia, accorded the Board to issue, offer and allot by way of public issue rights issue or otherwise in Indian and / or International markets, equity shares of the Company ( "Equity Shares") and / or any instruments or securities including Global Depository Receipts and American Depository Receipts representing Equity Shares and / or convertible into Equity Shares (either at the option of the Company or holder thereof) any such instrument or security [Debentures or Bonds or Foreign Currency Convertible Bonds (FCCBs)] being either with or without detachable warrants attached thereto entitling the warrant holder to apply for Equity Share / instruments or securities including Global Depository Receipts and American Depository Receipts representing Equity Shares ("Securities") to be subscribed to in Indian and / or any foreign currency(ies) by resident or non-resident / foreign investors (whether institutions and / or incorporated bodies and / or individuals and / or trusts and / or otherwise)/ Foreign Institutional Investors (FIIs) / Mutual Funds / Pension Funds / Venture Capital Funds / Banks and such other persons or entities, whether or not such investors are members of the Company, all or any of them, jointly or severally though prospectus, offer document and / or other letter or circular ("Offer Document") and / or on private placement basis, from time to time in one or more tranches as may be deemed appropriate by the Board upto an aggregate of 3,50,00,000 equity shares (three crore fifty lakh) of the face value of Re 1/- each and such issue and allotment to be made on such occasion or occasions, at such value or values, at a discount or at a premium to the market price prevailing at the time of the issue and in such form and manner and on such terms and conditions or such modifications thereto as the Board may determine in consultation with the Lead Manager(s) and / or Underwriters and / or other Advisors, with authority to retain over subscription upto such percentage as may be permitted by the Appropriate Authorities, with or without voting rights in general meetings / class meetings, at such price or prices, at such interest or additional interest, at a discount or at a premium on the market price or prices and in such form and manner and on such terms and conditions or such modifications to be the number of Securities to be issued, face value, rate of interest, redemption period, manner of redemption, amount of premium on redemption / prepayment, number of further equity shares, to be allotted on conversion / redemption / extinguishments of debt(s), exercise of rights attached to the warrants, the ratio of exchange of shares and / or warrants and / or any other financial instrument, period of conversion, fixing of record date or book closure and all other related or incidental matters as the Board may in its absolute discretion think fit and decide in consultation with the appropriate authority(ies), the Merchant Banker(s) and / or Lead Manager(s) and / or Underwriter(s) and / or Advisor(s) and / or such other person(s), but without requiring any further approval or consent from the shareholders and also subject to the applicable guidelines for the time being in force, subject to necessary provisions & approvals.
(As per BSE Announcement website dated on 26/03/2008) |