| 27-Jul-12 |
| Bharat Forge Ltd has informed BSE that the 51st Annual General Meeting (AGM) of the Company will be held on July 27, 2012.
Bharat Forge Ltd has informed BSE that 51st Annual General Meeting (AGM) of the Members of the Company held on July 27, 2012, has approved all the resolutions proposed as item Nos. 1 to 8 as per the Notice of the AGM. (For more details kindly refer Corporate Announcements on www.bseindia.com).
(As Per BSE Announcement Website Dated on 27/07/2012)
Bharat Forge Ltd has informed BSE regarding Disclosure of Voting Results of the 51st Annual General Meeting (AGM) of the Company held on July 27, 2012, under Clause 35A.
(As Per BSE Announcement website Dated on 28/07/2012) |
| 10-Aug-11 |
| Bharat Forge Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Members of the Company to be held on August 10, 2011.
Bharat Forge Ltd has informed BSE that the Members of the Company at the 50th Annual General Meeting (AGM) held on August 10, 2011, approved all the resolutions proposed at item Nos. 1 to 15 of the Notice dated May 24, 2011.
(As Per BSE Announcement Website dated on 10.08.2011) |
| 26-Jul-10 |
| Bharat Forge Limited has submitted to the Exchange a copy of the Notice of the Annual General Meeting of the Members of the company to be held on July 26, 2010.
Bharat Forge Ltd has informed BSE that the members at the 49th Annual General Meeting (AGM) of the Company held on July 26, 2010, has approved all the resolutions proposed at item No. 1 to 9 of the Notice dated May 22, 2010.
(As Per BSE Announcement Website dated on 26.07.2010)
Bharat Forge Ltd has informed BSE that the members at the 49th Annual General Meeting (AGM) of the Company held on July 26, 2010, inter alia, have also accorded to the following business:
1. Adoption of the Balance Sheet as at March 31, 2010 & Profit & Loss Account for the year ended on March 31, 2010 & the Directors Report & Auditors Report thereon.
2. Declaration of dividend at the rate of 50% i.e. Re. 1.00 per equity share of Rs 2/- on 232,794,316 equity shares of Rs. 2/- each, for the period from April 01, 2009 to March 31, 2010.
3. Re-appointment of Mr. G K Agarwal, Mr. P C Bhalerao, Mr. P G Pawar & Mr. S D Kulkarni as Directors of the Company.
4. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai, 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 remunerations, terms & conditions.
5. Appointment of Mr. Naresh Narad & Dr. T Mukherjee as Directors of the Company, liable to retire by rotation.
(As Per BSE Announcement Website dated on 03.08.2010) |
| 24-Jul-09 |
| Bharat Forge Ltd has informed the Exchange that the Annual General Meeting of the Shareholders of the Company will be held on July 24, 2009.
Bharat Forge Ltd has informed BSE that the members at the 48th Annual General Meeting (AGM) of the Company held on July 24, 2009, inter alia, have approved all the resolutions proposed at Item Nos. 1 to 12 of the Notice dated May 20, 2009.
(As Per BSE Announcement Dated on 24/07/2009)
Bharat Forge Ltd has informed BSE that the members at the 48th Annual General Meeting (AGM) of the Company held on July 24, 2009, inter alia, have also accorded to the following business:
1. Adoption of the Balance Sheet as at March 31, 2009 & Profit & Loss Account for the year ended on March 31, 2009 & the Directors Report & Auditors Report thereon.
2. Declaration of dividend at the rate of 50% i.e. Re 1.00 per equity share of Rs 2/- on 222,652,271 equity shares of Rs 2/- each on for the period from April 01, 2008 to March 31, 2009.
4. Re-appointment of Mr. B P Kalyani, Mr. S E Tandale, Mr. P K Maheshwari & Mr. S M Thakore as Directors of the Company.
5. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai, 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 remunerations, terms & conditions.
6. Appointment of Mr. P H Ravikumar as Director of the Company, liable to retire by rotation.
7. Re-appointment of Mr. Amit B Kalyani as Executive Director of the Company for a period of five years from May 11, 2009 to March 10, 2014, on remunerations, terms & conditions.
8. Payment and distribution for a period of five years, for each financial year commencing from April 01, 2009, of a commission not exceeding 1% (one percent) of the net profits of the Company calculated in accordance with the provisions f Section 198, 349, 350 and 351 of the Companies Act, 1956, amongst the Directors of the Company or any one or more of them (other than the Managing Director) in such manner and in all respects as may be decided by the Board of Directors of the Company from time to time and such payment shall be made in respect of the profits of the Company from each year, subject to necessary provisions and approvals.
9.Authority to the Board of directors of the Company for borrowing moneys for and on behalf of the Company from time to time as and when required by the Company, provided that the moneys so borrowed (apart from temporary loans obtained from time to time by the Company from its bankers in the ordinary course of its business) shall not exceed Rs 15,000 million (Rupees fifteen thousands million) over and above the aggregate of the paid up capita of the Company and its free reserves, that is to say, reserves to set apart for any specific purpose, as the Board may from time to time deem necessary, subject to necessary provisions and approvals.
10. Authority to the Board of directors of the Company to mortgage / charge and . or also to create liens, charges and all other encumbrances of whosoever nature on all or any of the company's immovable and movable properties and the whole or substantially the whole of all or any of the undertakings of the Company, whosesoever situate, present and future, together with power to take over the management of the business and concern of the Company in certain events, in such form and in such favour of banks / institutions / other lenders ./ trustees of the holders of securities, aggregating to a nominal value not exceeding Rs 30,000 million (Rupees thirty thousands million) to be issued from time to time in one or more tranches under its borrowing powers, to secure the principal amount together with interest, compound interest and all costs, charges and expenses and all other monies as may become due and expense and all other mines as nay become due and payable by the Company in that behalf and to vary or modify existing securities, from time to time, in such manner and in such form on all or any of the properties or part of any of the properly and the undertakings of the COmpany, both present and future as may be decided by the board and as agreed to by the said Banks / institutions / other lenders / trustees of the holders of securities issued hereunder and the existing or future series of debentures / bonds or other lender, bankers and financial institutions both present and future, to secure existing series of debentures, loans, financial facilities as may be obtained by the Company from time to time and as may be deemed appropriate by the Board, subject to necessary provisions & approvals.
(As Per BSE Announcement Dated on 20/08/2009) |
| 06-Aug-08 |
| Bharat Forge Ltd has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on August 06, 2008.
Bharat Forge Ltd has informed BSE that the Members of the Company at the 47th Annual General Meeting (AGM) held on August 06, 2008, approved all the resolutions proposed at Item Nos. 1 to 15 of the Notice dated May 20, 2008.
(As per BSE Announcement Website dated on 06/08/2008)
Bharat Forge Ltd has informed BSE that the members at the 47th Annual General Meeting (AGM) of the Company held on August 06, 2008, inter alia, have also accorded to the following business:
1. Adoption of the Balance Sheet as at March 31, 2008 & Profit & Loss Accoun for the year ended on March 31, 2008 & the Directors Report & Auditors Report thereon.
2. Declaration of dividend at the rate of 8.25% i.e. Rs 0.7142466 per Redeemable Cumulative Non-Convertible Preference Share of Rs 10/-, on 10,000,000 preference share of Rs 10/- each, pro rate for the period from April 01, 2007 to February 10, 2008, already paid.
3. Declaration of dividend at the rate of 175% i.e. Rs 3.50 per equity share of Rs 2/- on 222,652,271 equity shares of Rs 2/- each on for the period from April 01, 2007 to March 31, 2008.
4. Re-appointment of Mr. S S Marathe, Mr. S D Kulkarni, Dr. Uwe Loos as Directors of the Company.
5. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai, 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 remunerations, terms & conditions.
6. Appointment of Mrs. Lalita D Gupte, Mr. Alan Spencer & Mr. Sunil K Chaturvedi as Directors of the Company, liable to retire by rotation.
7. Re-appointment of Mr. B N Kalyani as Managing Director of the Company for a period of five years from March 30, 2008 to March 29, 2013, on remunerations, terms & conditions.
8. Re-appointment of Mr. G K Agarwal as Deputy Managing Director for a period of five years from April 01, 2008 to March 31, 2013, on remunerations, terms & conditions.
9. Appointment of Mr. Sunil K Chaturvedi as Executive Director of the Company for a period of five years from May 20, 2008 to May 19, 2013, on remunerations, terms & conditions.
10. Authority to the Board to create, offer, issue and allot in one or more tranches non-convertible debenture secured or unsecured, with detachable warrants convertible into equity shares of the Company ("securities") on "rights" basis to the shareholders who are shareholders of the Company on date/s to be determined by the Board through an offer document on such terms and conditions, as the board in its sole discretion may at any time or times hereafter decide, for an amount not exceeding Rs 4000 million by way of non-convertible debentures and Rs 4000 million by way of convertible warrants inclusive of such premium/ discount as may be decided from time to time by the board, subject to necessary provisions & approvals.
11. Authority to the Board to create such charges, mortgages and hypothecations, on such movable and immovable properties, both present and future, and in such manner as the board may deem fit, together with power to take over the management and concern of the Company in certain events, to or in favour of the Banks / financial institutions, other lenders and trustees for the holders of the debentures / bonds and / or other instruments to secure rupee / foreign currency loans and / or the issue of debentures whether partly / fully convertible or non-convertible and / or with warrants attached ("loans") provided that the total amount of loans together with interest thereon, additional interest, compound interest, liquidated damages, commitment charges, premia on pre-payment or on redemption, costs, charges, expenses and all other moneys payable by the company in respect of said loans, shall not exceed Rs 8,000 million, subject to necessary provisions & approvals.
(As per BSE Announcement dated on 08/09/2008) |