Cimmco (Delisted) MD, chairman, board of directors and AGM

BSE: 505230

Formerly Cimmco Birla

Last traded ₹21.80 on 21 Oct 2020

Delisted on 1 Apr 2021.

Cimmco 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.Cimmco share news and announcements

Meeting called by the tribunal, 29 Apr 2020

Present: 4 promoters and 43 others.The company's voting result (opens in a new tab)

  1. ORDINARY - To consider and approve the Scheme of amalgamation of Cimmco Limited (‘Applicant No. 1 or the Company’) and Titagarh Capital Private Limited (‘Applicant No. 2’) with Titagarh Wagons Limited (‘Applicant No. 3’)MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.47% · promoters 100.00% · institutions 0.00% · other public 1.90%

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.

Postal ballot, 30 Mar 2019, 3 resolutions

Present: 0 promoters and 0 others.The company's voting result (opens in a new tab)

  1. Approval of the Company for variation of the terms and conditions of the existing 4,00,00,000 8% Non-Cumulative Non-Convertible Redeemable Preference Shares (NCNCRPS) by extension of the redemption period by 5 years with the change in the non-cumulative Dividend rate on the aforesaid NCNCRPS from 8% to a cumulative Dividend of 11%MoreLess
    SpecialPromoters have an interest in it
    99.16% for0.84% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.85%

    Turnout: all 0.14% · promoters 0.00% · institutions 0.45% · other public 0.79%

  2. Authority to furnish guarantee/provide security in favour of a Bank in connection with credit facility(ies) aggregating upto Rs. 150 crore to be availed by Titagarh Wagons Limited, the Holding Company
    SpecialPromoters have an interest in it
    99.16% for0.84% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.85%

    Turnout: all 0.14% · promoters 0.00% · institutions 0.45% · other public 0.79%

  3. Approve revision of the limit/ceiling of the transactions under the contract or arrangement or Continuing Contract/ Arrangement for purchase/sale of materials/goods and/or supply of services between Titagarh Wagons Limited, Holding Company, and the Company, from the existing limit of Rs. 60 crore per financial year to a limit of upto Rs. 150 crore per financial yearMoreLess
    SpecialPromoters have an interest in it
    99.16% for0.84% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.85%

    Turnout: all 0.14% · promoters 0.00% · institutions 0.45% · other public 0.79%

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.