Amtek Auto (Delisted) MD, chairman, board of directors and AGM

BSE: 520077Auto Components

Last traded ₹2.75 on 1 Apr 2019

Delisted on 27 Sep 2021.

Amtek Auto AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Amtek Auto share news and announcements

Annual general meeting, 27 Dec 2019

Present: 8 promoters and 35 others.The company's voting result (opens in a new tab)

To receive, consider and adopt the audited standalone & consolidated financial statements of the company for the financial year ended March 31, 2019 and the reports of the resolution professional/board of directors and auditors thereonMoreLess
Ordinary
98.15% for1.85% against
Against: promoters 0.00% · institutions 0.00% · other public 98.27%
Turnout: all 52.26% · promoters 97.85% · institutions 0.00% · other public 2.32%
Ratification of remuneration to be paid to cost auditors of the company for the financial year 2019-20;
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 52.31% · promoters 97.85% · institutions 0.00% · other public 2.44%
To consider and approve the related Party Transactions for the financial year 2019-20;
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 52.31% · promoters 97.85% · institutions 0.00% · other public 2.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Feb 2019, 3 resolutions

Present: 3 promoters and 37 others.The company's voting result (opens in a new tab)

To receive, consider and adopt:na) The Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2018 and the Reports of the Board of Directors and the Auditors thereon; andnb) The Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2018 and the Report of the Auditors thereon.MoreLess
Ordinary
98.10% for1.90% against
Against: promoters 0.00% · institutions 0.00% · other public 98.37%
Turnout: all 53.43% · promoters 100.00% · institutions 0.00% · other public 2.44%
Ratification of Remuneration to be paid to Mr. Yash Pal Sardana, Cost Accountants, Cost Auditors of the Company for the financial year 2018-19.
Special
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 53.48% · promoters 100.00% · institutions 0.00% · other public 2.56%
To consider and approve Related Party Transactions by the Company for the Financial Year 2018-19.
Special
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 53.48% · promoters 100.00% · institutions 0.00% · other public 2.56%

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 24 Aug 2015, 5 fund houses

Approval for further issuance of Securities upto 2,000 crore
1 for0 against
Further Issue Of Securitites.
1 for0 against
Issuance Of Equity Shares On Preferential Basis To The Promoter And Promoter Group Company.
1 for0 against
Issuance of equity shares on preferential basis to the promoter and promoter group company upto maximum of 44,37,500 Equity Shares of Rs. 2/- each
1 for0 against
To create, issue and allot, on preferential basis (“Preferential Issue”), upto maximum of 44,37,500 (Forty Four Lacs Thirty Seven Thousand Five Hundred) equity share of face value of Rs. 2/- (Rs. Two) each, at a price of Rs 169/- (Rupees One Hundred and Sixty Nine Only) per share including premium of Rs. 167/- (Rupees One Hundred Sixty Seven only) per Equity Share, aggregating to Rs. 74,99,37,500 (Rupees Seventy Four Crores Ninety Nine Lacs Thirty Seven Thousand Five Hundred only) or price not less than price to be calculated in accordance with the Regulation 76 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009MoreLess
0 for0 against
1 abstained
To create, issue and allot, on preferential basis (“Preferential Issue”), upto maximum of 44,37,500 (Forty Four Lacs Thirty Seven Thousand Five Hundred) equity share of face value of Rs. 2/- (Rs. Two) each, at a price of Rs 169/- (Rupees One Hundred and Sixty Nine Only) per share including premium of Rs. 167/- (Rupees One Hundred Sixty Seven only) per Equity Share, aggregating to Rs. 74,99,37,500 (Rupees Seventy Four Crores Ninety Nine Lacs Thirty Seven Thousand Five Hundred only) or price not less than price to be calculated in accordance with the Regulation 76 of Securities and Exchange Board of IndiaMoreLess
2 for0 against
To create, issue, offer and allot (including with provisions for reservation on firm and/or competitive basis, of such part of issue and for such categories of persons including employees of the Company as may be permitted), through one or more tranches by way of public issue and/or rights issue and/or on a private placement basis and/or preferential issue or a combination of any of the above, through issue of prospectus or Letter of offer or placement documents or circulars or other permissible/ requisite offer document, for an aggregate amount not exceeding Rs. 2000,00,00,000 (Rs. Two Thousand Crores) or its equivalent in one or more currencies, including premium, if anyMoreLess
2 for0 against
To create, issue, offer and allot through one or more tranches by way of public issue and/or rights issue and/or on a private placement basis and/or preferential issue or a combination of any of the above, as may be permitted under applicable law from time to time (including without limitation through a qualified institutions placement (“QIP”) since the Company will be eligible to undertake such an offering pursuant to the provisions of Chapter VIII of the SEBI ICDR Regulations) in domestic and/or one or more international market (s), with or without a green shoe option, such number of Equity Shares and/or Preference Shares and/ Equity Shares through depository receipts including American Depository Receipt (ADRs), Global Depository Receipt (GDRs), Foreign Currency Convertible Bonds (FCCBs), Foreign Currency Bonds and/or Convertible Bonds fully or partly paid up, Fully Convertible Debentures (FCDs), Partly Convertible Debentures (PCDs), Optionally Convertible Debentures (OCDs), Non-Convertible Debentures (NCDs) simultaneously with warrants and/or other securities convertible into Equity Shares at the option of the Company and/or holder (s) of such Securities,for an aggregate amount not exceeding Rs. 2000,00,00,000MoreLess
0 for0 against
1 abstained

Mutual fund votes, meeting of 31 Dec 2014, 2 fund houses

Adoption of Accounts
1 for0 against
Adoption of new Articles of Association of the Company
1 for0 against
Adoption of new set of AOA
1 for0 against
Appointment of Mr. Bahushrut Lugani as an Independent Director of the Company for a period of 5 yrs.
1 for0 against
Appointment of Mr Bahushrut Lugani as Independent Director
1 for0 against
Appointment of Mr. Raj Narain Bhardwaj as an Independent Director of the Company for a period of 5 yrs.
1 for0 against
Appointment of Mr Raj Narain Bhardwaj as Independent Director
1 for0 against
Appointment of Mr. Rajeev Kumar Thakur as an Independent Director of the Company for a period of 5 yrs.
1 for0 against
Appointment of Mr Rajeev Kumar Thakur as Independent Director
1 for0 against
Appointment of Mr. Sanjay Chhabra as an Independent Director of the Company for a period of 5 yrs.
1 for0 against
Appointment of Mr Sanjay Chhabra as Independent Director
1 for0 against
Appointment of Mr Sanjiv Bhasin as Independent Director
1 for0 against
Appointment of Mr. Sanjiv Bhasinas an Independent Director of the Company for a period of 5 yrs.
1 for0 against
Approval for Related Party Transactions
1 for0 against
Approval for the remuneration payable to Mr. Yash Pal Sardana as Cost Auditor of the Company for FY ending 2015
1 for0 against
Enter into various related party transactions
1 for0 against
Issue Non-Convertible Debentures on a private placement basis
1 for0 against
Re-appointment of M/s Manoj Mohan & Associates, Chartered Accountants as Auditors
1 for0 against
Re-appointment of Mr Gautam Malhotra as Director
1 for0 against
Re-appointment of Mr John Ernest Flintham as Senior Managing Director for 2 years effective 14.8.2014 upto 13.8.2016
1 for0 against
Re-appointment of Mr. John Ernest Flintham as Senior Managing Director of the Company for a period of 2 yrs. w.e.f. August 14, 2014, liable to retire by rotation
1 for0 against
To approve issue of Redeemable Non-Convertible Debentures on private placement basis
1 for0 against
To approve the remuneration of the Cost Auditors for the financial year ending September 30, 2015
1 for0 against
To declare Dividend on Equity Shares of the Company
1 for0 against

1 earlier meeting

Mutual fund votes, meeting of 16 Jun 2014, 1 fund house

Amendment of the Memorandum and Articles of Association of the Company
Against HDFC Mutual Fund
HDFC Mutual FundLarge dilution at low valuations.
0 for1 against
Approval for increase in the Authorised Share Capital
Against HDFC Mutual Fund
HDFC Mutual FundLarge dilution at low valuations.
0 for1 against
Re-appointment of Shri D.S. Malik as Managing Director of the Company for a period of 2 yrs. w.e.f April 30, 2014 and approval for his terms of appointment
1 for0 against
To raise further capital through issue of securties upto US $ 500 million
Against HDFC Mutual Fund
HDFC Mutual FundLarge dilution at low valuations.
0 for1 against

Each fund house counted once, from its own disclosure; the reasons are its own words.