| 29-Sep-12 |
| Prime Property Development Corporation Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 26, 2012 to September 29, 2012 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on September 29, 2012.
Prime Property Development Corporation Ltd has informed BSE regarding the details of Voting results at the Annual General Meeting of the Company held on September 29, 2012, under Clause 35A.
(As Per BSE Announcement Dated on 01.10.2012) |
| 30-Sep-11 |
| AGM 30/09/2011
Prime Property Development Corporation Ltd has informed BSE that the members at the 19TH Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have accorded to the following:
1. Adopted the audited Balance Sheet and Profit & Loss Account as on March 31, 2011 along with Directors' Report and Auditors' Report thereon.
2. Shareholders approved dividend @ 10% i.e. Rs. 0.50 per equity share of Rs. 5 each amounting Rs. 100 Lacs (Rupees One hundred lakhs), excluding Corporate Dividend Tax.
3. Mr. I.G.Shah, director retiring by rotation, was re-appointed as Director.
4. Mr. Manish Soni, director retiring by rotation, was re-appointed as Director.
5. M/s. Vora and Associates, Chartered Accountants, are appointed as the Statutory Auditors of the Company from the conclusion of this AGM till the conclusion of next.
6. Extension of tenure Shri Alok Chowdhury, Whole-time Director and CEO of the Company for 3 yrs at an existing remuneration.
7. Extension of tenure Shri Manish Soni, Wholetime Director for 5 yrs at an existing remuneration.
8. Extension of tenure Shri Vishal Soni, Whole-time Director for 5 yrs at an existing remuneration.
(As Per BSE Announcement Website Dated on 30/09/2011) |
| 30-Sep-10 |
| AGM 30/09/2010
Prime Property Development Corporation Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on September 30, 2010, inter alia, have accorded to the following :
1. Adopted the audited Balance Sheet and Profit & Loss Account as on March 31, 2010 along with Directors' Report and Auditors' Report thereon.
2. Shareholders approved dividend @ 15% i.e. Rs. 0.75 per equity share of Rs. 5 each amounting Rs. 150 Lacs (Rupees One hundred fifty lakhs), excluding Corporate Dividend Tax.
3. Mr. Satendra Bhatnagar, director retiring by rotation, was re-appointed as Director.
4. Mr. Alok Chowdhury, director retiring by rotation, was re-appointed as Director.
5. M/s. Vora and Associates, Chartered Accountants, are appointed as the Statutory Auditors of the Company from the conclusion of this AGM till the conclusion of next AGM .
6. Alteration of Articles of Association of Company to insert following article 12A after article 12 of the Articles of Association of the Company under the head 'Power of Company to purchase its own shares and securities.'
'12A. Subject to provisions of sections 77A, 77AA and 77B of the Companies Act, 1956 and rules prescribed by the Central Government or by Securities and Exchange Board of India or any authority in this behalf, the Company may purchase its own shares or other specified securities (hereinafter referred to 'Buy-Back') out of its free reserves or the securities premium account or the proceeds of any shares or other specified securities. No buy back of any kind of shares or other specified securities shall be made out of the proceeds of an earlier issue of the same kind of shares or same kind of oilier specified securities.'
(As Per BSE Announcement Website dated on 30.09.2010) |
| 30-Sep-09 |
| AGM 30/09/2009
Prime Property Development Corporation Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded the following:
1. Adopted the audited Balance Sheet and Profit & Loss Account as on March 31, 2009 along with Directors' Report and Auditors' Report thereon.
2. Shareholders approved dividend @ 30% i.e. Rs. 1.50 per equity share of Rs. 5 each amounting Rs. 300 Lacs (Rupees Three Crores), excluding Corporate Dividend Tax.
3. Mr. Y. C. Pawar, director retiring by rotation, was re-appointed as Director.
4. M/s. Vora and Associates, Chartered Accountants, are appointed as the Statutory Auditors of the Company from the conclusion of this AGM till the conclusion of next AGM.
5. Appointed Shri. I. G. Shah, Additional Director, as an Independent Director of the Company subject to retirement by rotation under the provisions of Articles of
Association of the Company.
(As Per BSE Announcement Dated on 01/10/2009) |
| 30-Sep-08 |
| AGM 30/09/2008
Prime Property Development Corporation Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, approved the following:
1. Adoption of Director?s Report, Auditor?s Report, the audited Balance Sheet and Profit & Loss Account along with the schedules and annexures thereto as at March 31, 2008.
2. Shareholders approved the dividend @ 30% i.e. Rs 1.50 per equity share of Rs 5 each amounting Rs 300 Lacs (Rupees Three Crores), excluding Corporate Dividend Tax.
3. Shri K. Nalinakshan who retired by rotation has been re-appointed.
4. M/s. Vora & Associates, Chartered Accountants, Mumbai has been appointed as the Statutory Auditors of the Company to hold office till the conclusion of the net Annual General Meeting.
5. Appointment of Shri. Satendra Bhatnagar, Additional Director as an Independent Director of the Company subject to retirement by rotation under the provisions of Articles of Association of
the Company.
6. Appointment of Shri. Alok Chowdhury, CEO and Additional Director of the Company as an Whole time Director of the Company for a period of 3 yrs as per section 198, 269, 309, 310 and Schedule XIII of the Companies Act, 1956, and other
applicable provisions, with effect from January 01, 2008.
7. Shareholders have approved the proposal to pay managerial remuneration of Rs 2,50,00,000 to Shri. P L Soni, Chairman, of the Company as calculated in the manner provided in section 349 of the Companies Act, 1956. 8. Enhanced salary of Rs 150000 per month has been approved for the Whole-time Directors of the Company Shri. Manish P Soni & Shri. Vishal P Soni.
(As per BSE Announcement dated on 01/10/2008) |