| Suzlon Energy Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 19, 2011 to September 27, 2011 (both days inclusive) for the purpose of 16th Annual General Meeting (AGM) of the Company to be held on September 27, 2011.
Suzlon Energy Ltd has informed BSE that the Members of the Company at the 16th Annual General Meeting of the Company held on
September 27, 2011 have accorded their consent to all the items of the Notice dated July 30, 2011, namely :
1. Approval and Adoption of the Audited Balance Sheet as at March 31, 2011 and the Profit & Loss Account for the year ended on that date together with the Directors' Report and Auditors' Report thereon;
2. Reappointment of Mr. Girish R. Tanti as Director of the Company;
3. Reappointment of Mr. Ajay Relan as Director of the Company;
4. Appointment of M/s. SNK & Co., Chartered Accountants, Pune and M/s. S.R..Batliboi & Co., Chartered Accountants, Pune as the Statutory Auditors of the Company to hold the office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting;
5. Appointment of Mr. Vinod R. Tanti as Director of the Company, who was appointed as an Additional Director of the Company with effect from November 01, 2010;
6. Appointment of Ms. Mythili Balasubramanian as Director of the Company, who was appointed as an Additional Director of the Company with effect from November 01, 2010;
7. Appointment of Mr. Rajiv Ranjan Jha as Director of the Company, who was appointed as an Additional Director of the Company with effect from April 28, 2011;
8. Ratification and approval of appointment of Mr. Tulsi R. Tanti as Managing Director of the Company;
9. Ratification and approval of appointment of Mr. Vinod R. Tanti as Executive Director of the Company; and
10. Enabling resolution to issue Securities to an extent of Rs. 5,000 Crores, to facilitate raising of funds from time to time.
(As Per BSE Announcement Dated on 28.09.2011) |
| Suzlon Energy Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 02, 2010 to August 13, 2010 (both days inclusive) for the purpose of 15th Annual General Meeting (AGM) of the Company to be held on August 13, 2010.
Suzlon Energy Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on August 13, 2010, inter alia, have accorded to the following:
1. Adoption of the audited Balance Sheet as at March 31, 2010, the Profit & Loss Account and the Cash Flow Statement of the Company for the year ended on that date, together with the Auditors' Report and Directors' Report thereon.
2. Re-appointed Mr. Pradip Kumar Khaitan & Mr. Ashish Dhawan as Directors of the Company and they shall be liable to retire by rotation.
3. Re-appointed the retiring Joint Statutory Auditors, M/s. SNK & Co., Chartered Accountants, Pune and M/s. S. R. Batliboi & Co., Chartered Accountants, Pune, as Joint Statutory Auditors of the Company to hold office until the conclusion of the 16th Annual General Meeting of the Company on remuneration, terms & conditions.
4. Authority to the Board of Directors of the Company to contribute on behalf of the Company to charitable and other funds not directly relating to the business of the Company or the welfare of the employees of the Company from time to time, as it may deem fit, provided however that the total amount up to which the Board of Directors may contribute to such charitable and other funds as aforesaid from time to time shall not exceed, in the aggregate, the sum of Rs. 5,00,00,000 (Rupees Five Crores only) in any one financial year.
5. Withdrawn the Resolutions set forth as Items No. 6 and 7 as Special Resolutions in the Notice dated May 29, 2010 for 15th Annual General Meeting of the Company on August 13, 2010 relating to the remuneration paid / payable to Mr. Tulsi R. Tanti, Chairman and Managing Director, and Mr. Girish R. Tanti, Executive Director, for the financial year 2009-10 and 2010-11 and not put to vote.
6. Ratifies, confirms and approves the variation of the terms of the Special Employee Stock Option Plan - 2007 ('Special ESOP- 2007' or the 'Scheme'), as approved by the Shareholders of the Company on May 22, 2008, introduced for the benefit of such person(s) who are in permanent employment of the Company including Directors of the Company, whether working in India or out of India, and as approved by the Remuneration Committee by its resolution dated April 09, 2010 passed by way of circular resolution for implementation of Special ESOP-2007 with effect from April 01, 2010 on varied and revised terms and conditions, a summary of which is given below:
(a) Total number of Options granted / to be granted to each eligible employee has been increased from 750 Options to 1,500 Options.
(b) Earlier the total number of options approved under the Special ESOP-2007 was 1,50,00,000 options, out of which 40,00,000 options were reserved for employees of the Company and 1,10,00,000 Options were reserved for employees of its subsidiaries. Now it has been decided that the total number of options granted / to be granted under Special ESOP-2007 to the Employees of the Company and its subsidiaries, in aggregate shall not exceed 1,50,00,000 as already approved.
(c) The vesting period of 3 years from the Date of Grant is changed as under:
- 500 Options at the end of 1st year from the Date of Grant;
- 500 Options at the end of 2nd year from the Date of Grant; and
- 500 Options at the end of 3rd year from the Date of Grant
(d) The Exercise Period approved was 1 year from the Date of Vesting. It is now changed to anytime after the Date of Vesting for the vested options, subject to the condition that all vested options must be exercised latest by March 31, 2014.
(e) The employees of REpower and Hansen are specifically excluded in earlier resolution. Hansen has ceased to be a subsidiary of the Company. Six eligible employees of the Company's subsidiary in Turkey have been excluded due to huge regulatory costs involved. However, they shall be suitably compensated.
7. Ratifies, confirms and approves the variation of the terms of the Special Employee Stock Option Plan - 2007 ('Special ESOP- 2007' or the 'Scheme'), as approved by the Shareholders of the Company on May 22, 2008, introduced for the benefit of such person(s) who are in permanent employment of the Company's subsidiary companies, whether working in India or out of India, as approved by the Remuneration Committee by resolution dated April 09, 2010 passed by way of circular resolution for implementation of Special ESOP-2007 with effect from April 01, 2010 on varied and revised terms and conditions, a summary of which is given below:
(a) Total number of Options granted / to be granted to each eligible employee has been increased from 750 Options to 1,500 Options.
(b) Earlier the total number of options approved under the Special ESOP-2007 was 1,50,00,000 options, out of which 40,00,000 options were reserved for employees of the Company and 1,10,00,000 Options were reserved for employees of its subsidiaries. Now it has been decided that the total number of options granted / to be granted under Special ESOP-2007 to the Employees of the Company and its subsidiaries, in aggregate shall not exceed 1,50,00,000.
(c) The vesting period of 3 years from the Date of Grant is changed as under:
- 500 Options at the end of 1st year from the Date of Grant;
- 500 Options at the end of 2nd year from the Date of Grant; and
- 500 Options at the end of 3rd year from the Date of Grant.
(d) The Exercise Period approved was 1 year from the Date of Vesting. It is now changed to anytime after the Date of Vesting for the vested options, subject to the condition that all vested options must be exercised latest by March 31, 2014.
(e) The employees of RE power and Hansen are specifically excluded in earlier resolution. Hansen has ceased to be a subsidiary of the Company. Six eligible employees of the Company's subsidiary in Turkey have been excluded due to huge regulatory costs involved. However, they shall be suitably compensated.
8. Appointment of Mr. Pranav T. Tanti, son of Mr. Tulsi R. Tanti, Chairman & Managing Director of the Company, as Finance Manager in Suzlon Wind Energy Corporation, USA, a subsidiary of the Company, with effect from September 01, 2010 for a period of 3 years on remuneration, terms & conditions.
(As Per BSE Announcement Dated on 16.09.2010) |
| Suzlon Energy Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 24, 2009 to August 31, 2009 (both days inclusive) for the purpose of 14th Annual General Meeting (AGM) of the Company to be held on August 31, 2009.
With reference to the earlier announcement dated June 29, 2009 regarding the Fourteenth Annual General Meeting of the Company was scheduled to be held on August 31, 2009, Suzlon Energy Ltd has informed BSE that the Company has been now decided to reschedule the Fourteenth Annual General Meeting of the Company and accordingly the Fourteenth Annual General Meeting of the Company would now be held on August 13, 2009.
Consequent to preponement of Fourteenth Annual General Meeting, it has become to revise the dates of Book Closure and accordingly, the Register of Members and Share Transfer Books of the Company shall now remain closed from August 03, 2009 to August 13, 2009 (both days inclusive) for the purpose of Annual General Meeting.
(As Per BSE Announcement Dated on 03/07/2009)
Suzlon Energy Ltd has informed BSE that the members at the 14th Annual General Meeting (AGM) of the Company held on August 13, 2009, inter alia, have accorded their consent to all the items of the Notice:
1. Approval and Adoption of the Audited Balance Sheet as at March 31, 2009 and the Profit & Loss Account For the year ending on that date together with the Directors' Report and Auditors' Report thereon
2. Reappointment of Mr. Ajay Relan & Mr. V Raghuraman as Director of the Company.
3. Appointment of M/s. SNK & Co., Chartered Accountants, Pune and M/s. S R Batliboi & Co., Chartered Accountants, Pune as Auditors of the Company to hold the office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting.
4. Authority to the Board of Directors of the Company for issuance of equity shares and/or FCCB and/or GDR and/or IDR and/or FCD and/or such other equity linked instruments and/or any other instruments and/or combination of instruments to an extent of Rs 5,000 Crores.
5. Increase in the ceiling limit on total holdings of foreign Institutional Investors / SEBI approved sub-account of Foreign Institutional Investors from 24% to 49% of the paid-up equity share capital of the Company.
6. Implementation of Employee Stock Option Plan-Perpetual-I for the eligible employees of the Company
7. Implementation of Employee Stock Option Plan-Perpetual-I for the eligible employees of the Company's subsidiary companies.
(As Per BSE Announcement Website dated on 13.08.2009) |
| Suzlon Energy Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 16, 2007 to July 25, 2007 (both days inclusive) for the purpose of 12th Annual General Meeting of the Company to be held on July 25, 2007
Suzlon Energy Ltd has informed BSE that the members at the 12th Annual General Meeting (AGM) of the Company held on July 25, 2007, inter alia, have unanimously accorded the following:
1. Approval and Adoption of the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account for the year ending on that date together with the Directors Report and Auditors Report thereon.
2. Confirmation of payment of interim dividend of Rs 5/- per equity share of Rs 10/- each for the financial year 2006-07.
3. Re-appointment of Shri. Girish R Tanti & Shri. V Raghuraman as Directors of the Company.
4. Appointment of M/s. SNK & Co., Chartered Accountants, Pune and M/s. S R Batliboi & Co., Chartered Accountants, Pune, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company.
5. Appointment of Shri. Ajay Relan as Director of the Company, who was appointed as an Additional Director of the Company on January 29, 2007.
6. Approval under Section 61 of the Companies Act, 1956 for variation in the utilisation of IPO proceeds.
(As per BSE Announcement website dated on 26/07/2007) |