Amal Ltd 2018-19

39 NOTICE is hereby given that the 45 th Annual General Meeting of the Members of Amal Ltd will be held on Friday, July 19, 2019, 11:30 am at The Synthetic and Art Silk Mills Research Association, Sasmira, Sasmira Marg, Worli, Mumbai 400 030, Maharashtra, India to transact the following business: Ordinary business: 01. To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2019 and the Reports of the Directors and the Auditors thereon. 02. To appoint a Director in place of Mr T R Gopi Kannan (DIN: 00048645) who retires by rotation and being eligible, offers himself for reappointment. Special business: 03. To consider and, if thought fit, pass, with or without modifications, the following resolution as a special resolution: ‘RESOLVED THAT pursuant to the provisions of Section 180(1)(c) and other applicable provisions, if any, of the Companies Act, 2013, and the Articles of Association of the Company, consent of the Company be and is hereby accorded to the Board of Directors (Board) to borrow moneys by way of loans, debentures or otherwise from time to time for business purpose upon such terms and conditions as the Board may in its absolute discretion deem fit even if the moneys to be borrowed together with moneys already borrowed by the Company (apart from temporary loans obtained from the bankers of the Company in the ordinary course of business) may exceed the aggregate of the paid-up share capital and free reserves of the Company. PROVIDED however that the total amount of moneys so borrowed will not exceed ` 100 crores over and above the paid-up share capital, free reserves and securities premium’ RESOLVED FURTHER THAT the Board of Directors | Managing Director | Chief Financial Officer | Company Secretary be and they are hereby severally authorised to do all such acts, deeds, matters and things as it may in its absolute discretion deem expedient, necessary, proper or in the best interest of the Company. Notes 01. A Member entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote instead of himself | herself and the proxy need not be a Member. A person can act as proxy on behalf of not more than 50 Members and holding in aggregate not more than 10% of the total share capital of the Company. In order that the appointment of a proxy is effective, the instrument appointing the proxy must be received at the registered office of the Company not later than 48 hours before the commencement of the meeting, that is, by 11:30 am on Tuesday, July 17, 2019. 02. Copies of the Balance Sheet, the Statement of Profit and Loss, the Directors’ Report, the Auditor’s Report and every other document required by law to be annexed or attached to the Balance Sheet for the financial year ended March 31, 2019 are annexed | attached. 03. The Register of Members and the Share Transfer Books of the Company will remain closed from July 06, 2019 to July 12, 2019 (both days inclusive). 04. Electronic copy of the Annual Report for 2018-19 is being sent to all the Members whose e-mail addresses are registered with the Company | Depository Participants; however, a print copy is being sent in the permitted mode to such Members who may have so requested and to the Members who have not so registered. 05. Electronic copy of the Notice, inter alia indicating the process and manner of e-voting along with attendance slip and proxy form is being sent to all the Members whose e-mail addresses are registered with the Company | Depository Participants for communication purposes unless any Member has requested for a print copy of the same. For the Members who have not so registered, physical copy of the Notice of the 45 th Annual General Meeting inter alia indicating the process and manner of e-voting along with attendance slip and proxy form is being sent in the permitted mode. Notice