| 21-Sep-12 |
| AGM : 21.09.2012
Jain Irrigation Systems Ltd has informed BSE that the 25th Annual General Meeting of the Company will be held on September 21, 2012. (For more details kindly refer Corporate Announcements on www.bseindia.com).
(As Per BSE Announcement Dated on 28.08.2012)
Jain Irrigation Systems Ltd has informed BSE that the 25th Annual General Meeting (AGM) of the Company was held on September 21, 2012.
(As per BSE Announcement Dated on 21.09.2012)
Jain Irrigation Systems Ltd has informed BSE regarding the details of the Voting results of 25th Annual General Meeting (AGM) of the Company held on September 21, 2012, under Clause 35A. (For more details kindly refer Corporate Announcements on www.bseindia.com).
(As per BSE Announcement Dated on 24.09.2012)
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| 30-Sep-11 |
| Jain Irrigation Systems Ltd has informed BSE that THE 24TH ANNUAL GENERAL MEETING OF THE COMPANY WILL BE HELD ON SEPTEMBER 30, 2011 AT THE REGISTERED OFFICE OF THE COMPANY AT JAIN PLASTIC PARK, N.H. NO. 6, BAMBHORI, JALGAON - 425 001 AT 11.00 IN THE MORNING TO TRANSACT THE FOLLOWING BUSINESS:
1. To receive, consider and adopt the Audited Accounts for the year ended March 31, 2011 (including Balance Sheet as at March 31, 2011 and Consolidated Balance Sheet as at March 31, 2011, Cash Flow Statement and Profit & Loss account and Consolidated Profit & Loss account for the year ended on even date) together with Schedules, Notes thereon and the reports of Board of Directors and Auditors thereon.
2. To declare a Dividend on:
(a) Redeemable Preference Shares as follows:
- Particulars of Preference Shares : 4,62,642 4% Preference Shares of Ra. 100 each (fully redeemed on 30.06.2010) Dividend @ 4% payable on Rs. 2,31,32,100 from 01.04.2010 to 30.06.2010.
- Amount : Rs. 230,687
(b) Ordinary Equity Shares of Rs. 2 each
- Particulars of Equity Shares : 50% (Rs. 1/-per share) on 385,886,085 (or as may be outstanding on the Record Date) Equity Shares of Ordinary Rs. 2 each
- Amount : Rs. 385,886,085
3. To appoint a Director in place of Shri D R Mehta, who retires by rotation and being eligible offers himself for reappointment as Director.
4. To appoint a Director in place of Shri Ghanshyam Dass who retires by rotation and being eligible offers himself for reappointment as Director.
5. To re-appoint M/s. Haribhakti and Company, Chartered Accountants, Mumbai, as Statutory Auditors of the Company upto the conclusion of the 25th Annual General Meeting on remuneration, terms & conditions.
6. To appoint Dr. Arun Kumar Jain as a Director of the Company, subject to retirement by rotation.
7. Increase in holdings of Foreign Institutional Investors (FIIs) beyond 49% of the issued, subscribed and paid up equity share capital of the Company for time being, upto a limit of 60% of issued, subscribed and paid up equity share capital of the Company for the time being, subject to such regulatory approvals, if any, as may be necessary for increasing the said FII limits in equity share capital of the Company, and such modifications as may be accepted by Board of Directors while accepting modifications suggested by regulatory authorities for which authority and consent of Shareholders is hereby given, subject to necessary provisions and approvals.
8(a). Authority to the Board to introduce and implement the Jain Irrigation Employee Stock Option Plan 2011 (hereinafter referred to as the 'Plan') the salient features of which are detailed in the Explanatory Statement annexed to this notice and to create, grant, issue, offer and allot directly or through a trust which may be set up in any permissible manner, at any time or from time to time to the present and future permanent employees of the Company, including whole-time directors selected on the basis of criteria prescribed by the Board in accordance with the SEBI Guidelines, (hereinafter referred to as 'the Eligible Employees' of the Company, except a promoter or a person who belongs to the promoter group both these expressions being defined in the SEBI Guidelines and director who directly or indirectly holding more than 10% of the issued capital), such number of Options as the Board may decide, which would result in upto 43,56,000 Ordinary Equity Shares adjusted for any bonus, split, consolidation or other reorganization of the capital structure of the Company, as may be applicable from time to time in one or more tranches at such price and on such terms and conditions as may be determined by the Board including providing for any financial assistance to the trust to enable the trust to acquire, purchase or subscribe to the Ordinary Equity Shares of the Company for the purposes of the Plan, subject to the guidelines issued by SEBI, the Act and other applicable law, subject to necessary provisions and approvals.
8(b). Authority to the Board to extend the Jain Irrigation Employee Stock Option Plan 2011 (hereinafter referred to as the 'Plan') proposed in the aforesaid resolution, the salient features of which are detailed in the Explanatory Statement annexed to this notice, to present and future permanent employees of the subsidiaries of the Company (in India or abroad) including wholetime directors of the subsidiaries of the Company (in India or abroad), selected on the basis of criteria prescribed by the Board in accordance with the SEBI Guidelines (hereinafter referred to as 'the Eligible Employees' of the Company's subsidiary, except a promoter or a person who belongs to the promoter group, both these expressions being defined in the SEBI Guidelines and director who directly or indirectly holding more than 10% of the issued capital) and to create, grant, issue, offer and allot, directly or through a trust which may be set up in any permissible manner, such number of options as the Board may decide, which would result in upto 10,00,000 Ordinary Equity Shares (which is in addition to the limit specified in the aforementioned resolution at Item No. 8a), subject to necessary provisions and approvals.
Jain Irrigation Systems Ltd has informed BSE that the members at the 24th Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have accorded to the following:
1. Approval of Annual Accounts of the Company for the year ended March 31, 2011 (Standalone & Consolidated).
2. Declaration of dividend on Preference Shares of Rs. 100 each and Equity Shares of Rs. 2 each of the Company.
3. Re-appointment of Shri D R Mehta as Director who retired by rotation.
4. Re-appointment of Shri Ghanshyam Dass as Director who retired by rotation.
5. Re-appointment of M/s. Haribhakti & Co., Chartered Accountants, Mumbai as Statutory Auditors of the Company until conclusion of 25th AGM.
6. Appointment of Dr. Arun Kumar Jain as Director subject to retirement by rotation.
7. Increase in FII sub limits from 49% to 60% of issued, subscribed and paid up equity Share Capital of the Company.
8. Approval of Jain Irrigation Employees Stock Option Plan 2011 to create, grant, issue, offer and allot directly or through a trust which may be set up in any permissible manner, at any time or from time to time to the present and future permanent employees of the Company/ Subsidiaries of the Company.
(As Per BSE Announcement Website dated on 30.09.2011) |
| 29-Sep-10 |
| Jain Irrigation Systems Ltd has informed BSE that the 23rd Annual General Meeting (AGM) of the Company will be held on September 29, 2010.
Jain Irrigation Systems Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on September 29, 2010, inter alia, have accorded to the following:
1. Approval of Annual Accounts of the Company for the year ended March 31, 2010.
2. Declaration of dividend on Preference Shares and Equity shares of the Company.
3. Re-appointment of Shri A R Barwe as Director who retired by rotation.
4. Re-appointment of Shri R Swaminathan as Director who retired by rotation.
5. Appointment of M/s. Haribhakti & Co., Chartered Accountants, Mumbai as Statutory Auditors of the Company to fill the vacancy caused by the resignation of. M/s. Dalal & Shah, Chartered Accountants, Mumbai.
6. Authority to Board of Directors to mortgage immovable properties of the Company in favour of lenders as per provisions of Section 293(1) (a) of the Companies Act, 1956.
7. Re-appointment, remuneration and perquisites payable to Shri Anil B Jain, Whole Time Director designated as Managing Director/Chief Executive Officer of the Company for a period of two years with effect from October 01, 2010 to September 30, 2012.
8. Re-appointment, remuneration and perquisites payable b Shri Ajit B Jain, Whole Time Director designated as Joint Managing Director/Chief Operating Officer of the Company for a period of two years with effect from October 01, 2010 to September 30, 2012.
9. Re-appointment, remuneration and perquisites payable to Shri Ashok B Jain, Whole Time Director designated as Vice Chairman of the Company for a period of two years with effect from October 01, 2010 to September 30, 2012.
10. Re-appointment, remuneration and perquisites payable to Shri Atul B Jain, Whole Time Director designated as Director-Marketing of the Company for a period of two years with effect from October 15, 2010 to September 30, 2012.
11. Re-appointment, remuneration and perquisites payable to Shri R Swaminathan, Whole Time Director designated as Director- Technical of the Company for a period of two years with effect from October 01, 2010 to September 30, 2012.
12. Amendment to the Authorised Share Capital clause of Memorandum of Association and Articles of Articles of Association (Reorganization of Authorised Share Capital and split in the face value of Equity Shares) and article 154 of the Articles of Association of the Company.
Jain Irrigation Systems Ltd has submitted to BSE a copy of resolution passed by the Shareholders of the Company at its 23rd Annual General Meeting of the Company held on September 29, 2010.
(As Per BSE Announcement Website dated on 29.09.2010) |
| 30-Sep-09 |
| AGM to be held on September 30, 2009.
Jain Irrigation Systems Ltd has informed BSE that the 22nd Annual General Meeting (AGM) of the members of the Company will be held on September 30, 2009, inter alia, to transact the following:
1. To receive, consider and adopt the Audited Accounts for the year ended March 31, 2009 (including Balance Sheet as at March 31, 2009 and Consolidated Balance Sheet as at March 31, 2009, Cash Flow Statement and Profit & Loss account and Consolidated Profit & Loss account for the year ended on even date) together with Schedules, Notes thereon and the reports of Board of Directors and Auditors thereon.
2. To declare a dividend on:
a) Redeemable Preference Shares as follows:
i) 60,85,842 4% Preference Shares of Rs. 100 each (Full Year) - Amount Rs 24343368
ii) 23,44,848 4% Preference Shares of Rs. 100 each(Partial Redemption on June 30, 2008) - Amount Rs 5858908
iii) 2,97,500 4% Preference Shares of Rs. 100 each (Partial redemption on June 30, 2008 and full redemption on January 28, 2009) - Amount Rs 642274
iv) 125,000 1% Preference Shares of Rs.100 each (full year) - Amount Rs 125000
b) Equity Shares of Rs.10 each
i) 25% (Rs. 2.50 per share) on 7,53,17,172 (or as may be outstanding on the Record Date) Equity Shares of Rs. 10 each - Amount Rs 188292930
3. To appoint a Director in place of Shri Ramesh C. A. Jain & Mrs. Radhika C. Pereira, who retires by rotation and being eligible offers herself for reappointment as Director.
4. Reappointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai, as Statutory Auditors of the Company upto the conclusion of the 23rd Annual General Meeting, on remuneration terms & conditions.
5. To mortgage / charge / hypothecate or otherwise create an encumbrance on such terms and conditions and in such form and manner, as it may think fit, on the whole or substantially the whole of the Company's undertaking(s), including present and/or future properties, whether immovable or movable, against loans obtained, together with interest thereon, at the respective rates agreed, additional / further /compound interest in the event of default, commitment charges, Premium (if any) on redemption, all other costs, charges and expenses and all other monies payable by the Company to Financial Institutions /Banks / others in terms of letter of sanction and/ or Loan agreement(s) or any other deeds or documents as are entered into by the Company or any modification in
respect of the Loan, subject to necessary provisions & approvals.
6. Amendments in the Articles of Association of the Company.
7. Appointment of Mr. Atul B. Jain as a Whole Time Director of the Company designated as Director- Marketing of the Company (as DM') for a period of 13 months from September 01, 2009 to September 30, 2010, on remuneration terms and conditions.
(As Per BSE Announcement Website dated on 03.09.2009)
Jain Irrigation Systems Ltd has informed BSE that the members at the 22nd Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following:
1. Approval of Annual Accounts of the Company for the year ended March 31, 2009.
2. Declaration of dividend on Preference Shares and Equity shares of the Company.
3. Re-appointment of Shri. Ramesh C A Jain & Smt. Radhika C Pereira as Directors who retired by rotation.
4. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai as Statutory Auditors of the Company.
5. Authority to Board of Directors to mortgage Immovable properties of the Company in favour of lenders as per provisions of Section 293(1)(a) of the Companies Act, 1956.
6. Alteration in Articles of Association of the Company (insertion of new articles).
7. Appointment, Remuneration and perquisites payable to Shri. Atul B Jain as Director Marketing of the Company for a period of 13 months from September 01, 2009 to September 30, 2010.
(As Per BSE Announcement Website dated on 30.09.2009) |
| 30-Sep-08 |
| AGM 30/09/2008
Jain Irrigation Systems Limited has informed the Exchange that September 15, 2008 shall be the 'Record Date" for payment of Dividend on Equity Shares of the Company to be considered by the Shareholders at the Annual General Meeting to be held on September 30, 2008.
(As Per NSE Bulletin Dated on 27.08.2008)
Jain Irrigation Systems Ltd has informed BSE that the 21st Annual General Meeting (AGM) of the members of the Company will be held on September 30, 2008, inter alia, to transact the following business: Ordinary Business:
1. To receive, consider and adopt the Audited Accounts for the year ended March 31, 2008 (including Balance Sheet as at March 31, 2008 and Consolidated Balance Sheet as at March 31, 2008, Cash Flow Statement and Profit & Loss account and Consolidated Profit & Loss account for the year ended on even date) together with Schedules, Notes thereon and the reports of Board of Directors and Auditors thereon.
2. To declare a dividend on: (a) Redeemable Preference Share as follows: (i) 87,28,190 4% Preference Shares of Rs 100 each - Amount Rs 3,49,12,760 (ii) 125,000 1% Preference Shares of Rs 100 each - Amount Rs 1,25,000 (b) Equity Shares of Rs 10 each (i) 22% (Rs 2.20 per share) on 7,23,75,946 (or as may be outstanding on the Record Date) Equity Shares of Rs 10 each - Amount Rs 15,92,27,081.20
3. To appoint Directors in place of Shri. D R Mehta & Shri. R Swaminathan, who retires by rotation and being eligible offers themselves for reappointment as Directors.
4. Re-appointed M/s. Dalal & Shah, Chartered Accountants, Mumbai, as Statutory Auditors of the Company upto the conclusion of the 22nd Annual General Meeting on remuneration, terms & conditions. Special Business
5. In terms of Section 293(l)(a) and, any other applicable provisions of the Companies Act, 1956 and, subject to requisite approvals, consents and clearance from the Company's Bankers, Financial institutions, Trustees, to the Debenture holder and / or other institutions / bodies, if and wherever necessary, to mortgaging / charging / hypothecating or otherwise creating an encumbrance (on such terms and conditions and in Such form and manner, as it may think fit,) on the whole or substantially the whole of the Company's undertakings, Including present and / or future properties, whether immovable or movable, against loans obtained, together with interest thereon, at the respective rates agreed, additional / further / compound interest in the event of default, commitment charges. Premium any). on redemption, all other costs, charges and expenses and all other monies, payable by the Company, to Financial institutions / others in terms of letter of sanction end / or Loan agreement(s) or any other deeds or documents as are entered into by the Company or any modification in respect of the Loan.
6. To re-appoint Mr. Anil B Jain as a whole time director of the Company designated as Managing Director of the Company from October 01, 2008 ("MD") for a period of 2 years, on remuneration, terms and conditions.
7. To re-appoint Mr. Ajit B Jain as a whole time director of the Company designated as Joint Managing Director of the Company from October 01, 2008 ("MD") for a period of 2 years, on remuneration, terms and conditions.
8. To Re-appoint Mr. Ashok B Jain as a whole time director of the Company designated as Vice Chairman of the Company from October 01, 2008 ("VC") for a period of 2 years, on remuneration, terms and conditions.
9. To Re-appoint Mr. R Swaminathan as a whole time director of the Company designated as Director -Technical of the Company from October 01, 2008 ('D-T') for a period of 2 years, on remuneration, terms and conditions.
10. Appointment of Atul B Jain relative of Shri B H Jain, Chairman, Shri Ashok B Jain, Vice Chairman, Shri Anil B Jain, Managing Director and Shri Ajit B Jain, Joint Managing Director as Chief Marketing Officer (CMO) of the Company from August 01, 2008 for a period of 2 years on remuneration, terms & conditions.
11. Increase in the number of Directors of the Company for the time being in office from existing 13 (Thirteen) to proposed 14 (Fourteen) and that the clause 111 of the Articles of Association of the Company be amended to read as follows: Clause 111 (amended) Number of Directors "Until otherwise determined by a General Meeting of the Company and subject to the provisions of section 252 & 259 of the Companies Act, 1956 of the number of Directors (including Additional Directors but excluding Alternate Directors) shall not be less than three (3) or more than Fourteen (14) or such additional numbers as may be decided by Board, subject nonetheless to the provisions of the Act.
12. Alteration of Object Clause B of the Memorandum of Association of the Company by adding the following new clause B-47 after the existing clause 46 thereof: "47 to carry on business of holding / dealing in shares, share warrants, stocks, debentures, debenture stock, bonds, mortgages, hypothecations, pledges and / or any other securities of companies, societies, associations, individuals and other entitles of any nature whatsoever, and further to liquidate, sell, vary, convert, redeem, assign, transfer or receive such shares, share warrants, stocks, debentures stock, bonds, mortgages, hypothecations, pledges and / or any other securities or acquire further securities including shares, share warrant, stocks, debentures, debenture stock, bonds, mortgages hypothecations, pledges and / or any other securities from time to time and further to invest in any schemes and / or instruments as permitted under law including in Indian or other foreign equity and / or debt and / or derivative instruments, options, futures, carbon credit and to carry on the business of finance, enter into transaction including hedging transactions and other transaction relating to security, foreign exchange, commodities and / or any other assets / goods / instruments whether in India or abroad, and to carry on financial activities, business and operations of all kinds including transactions in the nature of hedging agreements, forward commodity contracts, rate swaps commodity futures / swaps, commodity options, futures and options and / or options with respect to all or any such sanctions, whether for the purpose of risk management and / or investment purpose and / or other wise".
(As Per BSE Announcement Website dated on 08.09.2008)
Jain Irrigation Systems Limited has informed the Exchange regarding the Outcome of Annual General Meeting of the Company was held on September 30, 2008.
(As per NSE Bulletin dated on 01/10/2008)
Jain Irrigation Systems Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have accorded the following:
1. Approval of Annual Accounts of the Company for the year ended March 31, 2008.
2. Declaration of dividend on Preference Shares and Equity shares of the Company.
3. Re-appointment of Shri. D R Mehta & Shri. R Swaminathan as Directors who retired by rotation.
4. Re-appointment of M/s. Dalal & Shah, Chartered Accountants, Mumbai as Statutory Auditors of the Company.
5. Mortgage of Immovable properties of the Company in favour of lenders as per provisions of Section 293(1)(a) of the Companies Act, 1956.
6. Re-appointment, Remuneration and perquisites payable to Shri. Anil B Jain as Managing Director of the Company for a period of two years w.e.f. October 01, 2008.
7. Re-appointment, Remuneration and perquisites payable to Shri. Ajit B Jain as Joint Managing Director of the Company for a period of two years w.e.f. October 01, 2008.
8. Re-appointment, Remuneration and perquisites payable to Shri. Ashok B Jain as Vice Chairman Director of the Company for a period of two years w.e.f. October 01, 2008.
9. Re-appointment, Remuneration and perquisites payable to Shri. R Swaminathan as Director- Technical of the Company for a period of two years w.e.f. October 01, 2008.
10. Appointment, Remuneration and perquisites payable to Shri. Atul B Jain as Chief Marketing Officer of the Company for a period of two years w.e.f. August 01, 2008.
11. Alteration in Articles of Association of the
Company (Increase in number of Directors to 14 and increase in contribution of profits to rural development).
12. Amendment in object clause of Memorandum of Association of the Company by addition of a new clause 47 in object clause (B) of Memorandum of Association of the Company.
(As per BSE Bulletin dated on 03/10/2008) |