| 12-Aug-11 |
| Tech Mahindra 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 12, 2011.
Tech Mahindra Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on August 12, 2011, inter alia, have passed the following resolutions unanimously:
1. Adoption of the audited Balance Sheet of the Company as at March 31, 2011 and the Profit and Loss Account, for the year ended on that date and the reports of the Directors and the auditors thereon.
2. Declaration of dividend for the financial year ended March 31, 2011 @ 40% i.e. Rs. 4 per share.
3. Re-appointment of Mr. Anupam Puri as a Director, to retire by rotation.
4. Re-appointment of Mr. Bharat N. Doshi as a Director, to retire by rotation.
5. Re-appointment of Dr. Raj Reddy as a Director, to retire by rotation.
6. Re-appointment of Mr. Paul Zuckerman as a Director, to retire by rotation.
7. Re-appointment of Statutory Auditors M/s. Deloitte Haskins & Sells as the Auditors of the Company to hold the office from the conclusion of this meeting until the conclusion of the next annual general meeting of the Company.
8. Appointment of Mr. Richard Cameron as a Director, to retire by rotation.
9. Approval of payment of Commission upto 1% of the net profits of the Company to non executive directors, for a period of 5 years effective from April 01, 2010.
10. Approval for issue of Equity Shares under section 81(1A) of the Companies Act, 1956.
11. Approval for enhancing the Limit of FII investment in the Company to 35% of the paid up capital of the Company.
(As Per BSE Announcement Website dated on 13.08.2011) |
| 26-Jul-10 |
| Tech Mahindra Ltd has informed BSE that the following resolutions passed unanimously, at the Annual General Meeting of the shareholders of the Company held on July 26, 2010:
1. Adoption of Financial Statements and Reports of Auditors & Directors thereon
- The audited Balance Sheet of the Company as at March 31, 2010 and the Profit and Loss Account, for the year ended on that date and the reports of the Directors and the auditors thereon, be received, approved and adopted.
2. Declaration of dividend for the financial year ended March 31, 2010.
- Declared a final dividend at the rate of 35 % i.e. Rs. 3.50 per share.
4. Appointment of Mr., Vineet Nayyar, Mr. Ulhas N. Yargop & Hon. Akash Paul, as Directors of the Company.
5. Re-appointed M/s Deloitte Haskins & Sells, Chartered Accountants 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 a remuneration, terms & conditions.
6. Appointed Mr. Nigel Staff as a Director of the Company, liable to retire by rotation.
7(i). Revision in the remuneration payable to Mr. Vineet Nayyar, Managing Director of the Company to Rs. 36,000,000 per annum with effect from June 01, 2009 for his remaining term as the Managing Director;
7(ii). Revised terms & condition for the reappointment of Mr. Vineet Nayyar as the Managing Director of the Company for a further term of three years with effect from January 17, 2010.
8. To create, offer, issue and allot upto 13,600,000 (Thirteen million Six hundred thousand) fully paid up equity shares of Rs. 10/- each ('QIP Shares') subject to the following-
(1) such QIP shares to be issued in the course of Qualified Institutional Placement to Qualified Institutional Buyers ('QIBs') in accordance, with the Guidelines for Qualified Institutional Placement prescribed under Chapter VIII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009; whether or not such persons / entities / investors are Members of the Company, whether in Indian currency or foreign currency;
(2) such QIP Shares may be issued at such time or times in one or more tranche or tranches, at such price or prices and on such terms and conditions as may be determined by the Board at an appropriate time;
(3) Allotment of QIP Shares shall be completed within a period of 12 months from the date of passing this resolution.
(4) the relevant date for the purposes of determining the floor price of the equity Shares in accordance with the SEBI (ICDR) Regulations, 2009, is the date of the meeting in which the Board decides to open the proposed issue.
(5) the QIP Shares so issued shall rank pari passu with the existing equity shares of the Company in all respects:
(6) the QIP Shares so issued shall be listed with the Stock Exchanges where the existing shares of the Company are presently listed.
(7) the QIP Shares so issued shall not be sold by the allottee(s) for a period of one year from the date of respective allotment(s), except on recognised stock exchange(s). |
| 23-Jul-09 |
| Tech Mahindra Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on July 23, 2009.
Tech Mahindra Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 23, 2009, inter alia, have passed the following resolutions:
1. Adoption of the audited Balance Sheet of the Company as at March 31, 2009 and the Profit and Loss Account, for the year ended on that date and the reports of the Directors and the auditors thereon
2. Re-appointment of Mr. Anupam Puri, Hon. Mr. Paul Zuckerman & Dr. Raj Reddy, as Directors of the Company.
3. Re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, 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 & conditions.
4. Appointment of Mr. M Damodaran, Mr. B H Wani & Mr. Ravindra Kulkarni as Directors of the Company, liable to retire by rotation.
5. Authority to the Board 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) up to a sum not exceeding Rs 30,000 Million and that the Board of Directors be and is hereby empowered and authorized to an 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.
6. Authority to the Board to create, offer, issue and allot, equity shares of Rs 10 each (Equity Shares) to be subscribed by Indian or foreign investors / institutions and / or corporate bodies, mutual funds, banks, insurance companies, trusts and / or individuals or otherwise, whether or not such persons / entities / investors are Members of the Company, whether in Indian currency or foreign currency, Such issue and allotment shall be made at such time or times in one or more, tranche or tranches, at such price or prices and on such terms and conditions including with the differential rights as to dividend, voting or otherwise, with or without green shoe option, and / or private placement or issue through Qualified Institutional Placement in accordance with, the Guidelines for Qualified Institutional Placement prescribed under Chapter XIII-A of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 and the relevant date for the determination of applicable price for issue of the Securities means the date of the meeting in which the Board or the Committee of Directors decides to open the proposed issue and in such manner as the Board may, in its absolute discretion think fit or in consultation with the Lead Managers, Underwriters, Advisors or other intermediaries; provided however that number of Equity Shares to be issued pursuant to this resolution shall not exceed 13,600,000 (Thirteen million Six hundred thousand), subject to necessary provisions & approvals.
(As Per BSE Announcement Dated on 25/07/2009) |
| 22-Jul-08 |
| Tech Mahindra Limited has informed the Exchange that the Annual General Meeting of the Company will be held on July 22, 2008.
Tech Mahindra Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 24, 2008, inter alia, have accorded to the following:
1. Adoption of the audited Balance Sheet of the Company as at March 31, 2008 and the Profit and Loss Account, for the year ended on that date and the reports of the Directors and the auditors thereon
2. Declaration of a final dividend at the rate of 55% i.e. Rs 5.50 per share.
3. Appointment of Mr. Bharat N Doshi, Hon. Akash Paul & Mr. Arun Seth, as Directors of the Company.
4. Re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, 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 & conditions.
5. Authority to the Board of Directors of the Company to contribute to Mahindra Education Foundation, any amount which may exceed the limits specified in that section but not exceeding Rs 250 Million in addition to the amount which is one percent of net profits of the Company to charitable and other funds not directly relating to the business of the company or welfare of the employees.
(As per BSE Announcement Website dated on 24/07/2008) |
| 20-Jul-07 |
| Members of the Exchange are hereby informed that the trading in the December 2003 Tax Saving Bond
Sec 88 - Option II, Symbol - ICIBK0204, Series - N2 of ICICI Bank Ltd. shall be suspended w.e.f. June 27, 2007, on account of final redemption instead of June 28, 2007, due to RBI Annual Closing on July 02, 2007.
Tech Mahindra Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 20, 2007, inter alia, have unanimously passed the following resolutions:
1. Adoption of the audited Balance Sheet of the Company as at March 31, 2007 and the Profit and Loss Account, for the year ended on that date and the reports of the Directors and the auditors thereon.
2. Re-appointment of Mr. Vineet Nayyar, Mr. Al-Noor Ramji, and Mr. Ulhas N Yargop, as Directors of the Company.
3. Re-appointment M/s. Deloitte Haskins & Sells, Chartered Accountants 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.
4. Authority to the Board of Directors of the Company to contribute and subscribe, to charitable and other funds, not directly relating to the business of the Company or the welfare of its employees, an amount upto Rs 100 Million or equal to 1% of that particular year's profit, whichever is less, even if it exceeds the limits set out in section 293(1)(e).
5. Authority to the Board of Directors of the Company to modify certain terms of the existing plans approved by the shareholders pursuant to resolutions dated July 26, 2000, October 14, 2004 which was amended by resolution dated June 01, 2006 and January 16, 2006 respectively to recover from the relevant eligible employees, the fringe benefit tax payable by the Company in respect of options which are granted to or vested or exercised by, the eligible employee on or after the April 01, 2007 pursuant to the provisions of section 115WKA of the Income-Tax Act, 1961, subject to necessary provisions & approvals.
(As Per BSE Announcement Website Dated on 25/07/2007) |