Deep Energy Resources (Delisted) MD, chairman, board of directors and AGM

BSE: 532760Oil

Formerly Deep Industries

Last traded ₹312.25 on 24 Sep 2024

Delisted on 28 Jan 2025.

Deep Energy Resources 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.Deep Energy Resources share news and announcements

Postal ballot, 17 Mar 2024

The company's voting result (opens in a new tab)

  1. To approve material related party transaction(s) proposed to be entered into by the Company.
    OrdinaryPromoters have an interest in it
    94.58% for5.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.42%

    Turnout: all 0.09% · promoters 0.00% · institutions 0.00% · other public 0.30%

  2. To approve material related party transaction(s) proposed to be entered into by the Company.
    OrdinaryPromoters have an interest in it
    94.58% for5.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.42%

    Turnout: all 0.09% · promoters 0.00% · institutions 0.00% · other public 0.30%

  3. To approve material related party transaction(s) proposed to be entered into by the subsidiarynCompany.
    OrdinaryPromoters have an interest in it
    94.58% for5.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.42%

    Turnout: all 0.09% · promoters 0.00% · institutions 0.00% · other public 0.30%

  4. To approve material related party transaction(s) proposed to be entered into by the subsidiarynCompany.
    OrdinaryPromoters have an interest in it
    94.58% for5.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.42%

    Turnout: all 0.09% · promoters 0.00% · institutions 0.00% · other public 0.30%

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.

Meeting called by the tribunal, 29 Jan 2024, 1 resolution

Present: 15 promoters and 19 others.The company's voting result (opens in a new tab)

  1. To consider and approve the Composite Scheme of Arrangement amongst Deep Energy Resources Limited, Savla Oil and Gas Private Limited and Prabha Energy Private Limited and their respective shareholders and creditors, pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 including rules and regulation made thereunder (“Scheme”).MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 77.70% · promoters 100.00% · institutions 10.25% · other public 31.44%

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.

Postal ballot, 21 Jan 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. To Appoint Ms. Priyanka Kishorbhai Gola (DIN: 09384530) as an Non-Executive Independent Director of the Company to hold office for a period of five consecutive years from 06th November, 2023.
    Special
    100.00% for0.00% against

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

    Turnout: all 68.50% · promoters 97.33% · institutions 0.00% · other public 7.66%

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, 28 Sep 2023, 4 resolutions

Present: 16 promoters and 25 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone and consolidated financial statements of the company for the financial year ended on 31st March, 2023 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.07% · promoters 93.38% · institutions 0.00% · other public 1.93%

  2. To appoint a Director in place of Mr. Shail Manoj Savla (DIN: 08763064), who retires by rotation and being eligible offers himself for re – appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.07% · promoters 93.38% · institutions 0.00% · other public 1.93%

  3. To consider and approve Material Related Party Transaction(s) proposed to be entered into with Prabha Energy Private Limited (Subsidiary Company) during the period between the 33rd and 34th Annual General Meetings.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 0.58% · promoters 0.00% · institutions 0.00% · other public 1.91%

  4. To consider, review and approve the remuneration of Mr. Shail Savla, (DIN: 08763064) Managing Director of the Company for the remaining tenure of his appointment w.e.f 10th June, 2024.
    Special
    100.00% for0.00% against

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

    Turnout: all 64.07% · promoters 93.38% · institutions 0.00% · other public 1.93%

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, 29 Sep 2022, 10 resolutions

Present: 14 promoters and 24 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including Audited Consolidated Financial Statements) of the company for the financial year ended 31st March, 2022 which includes the Balance Sheet, Statement of Profit & Loss, Cash Flow Statement as at the date, the Auditor’s Report and Board’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  2. To appoint a Director in place of Mr. Premsingh Mangatsingh Sawhney (DIN: 03231054), who retires by rotation and being eligible offers himself for re – appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  3. Appointment of M/s. Mahendra N. Shah & Co., Chartered Accountants, (Firm Registration No. 105775W) as Statutory Auditors of the Company for the term of period of Five (5) years.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  4. Appointment of M/s Mahendra N Shah & Co Chartered Accountant (Firm Registration No 105775W) as Statutory Auditors of the Company to fill-in causal vacancy arisen due to resignation of M/s. Dhirubhai Shah & Co LLP, Statutory Auditors (Firm Registration No:102511W/W100298)MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  5. Appointment of Mr. Vishal Palkhiwala (DIN: 09695011) as Executive Director of the Company w.e.f 13th August, 2022
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  6. To Re-appoint Mr. Hemendrakumar Shah (DIN: 00077654) as Non – Executive Independent Director for the second term with effect from 26th June, 2023
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  7. To alter Main Object Clause of Memorandum of Association
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  8. To accord consent to the Board to create, offer, issue and allot securities amounting to Rs. 150 crores pursuant to applicable provisions of the companies act, 2013 and other applicable laws
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.42%

    Turnout: all 63.69% · promoters 93.38% · institutions 0.00% · other public 0.66%

  9. To consider and approve Material Related Party Transaction(s) proposed to be entered by Company during Financial year 2022-23
    OrdinaryPromoters have an interest in it
    94.97% for5.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.03%

    Turnout: all 0.20% · promoters 0.00% · institutions 0.00% · other public 0.66%

  10. To ratify/approve material related party transaction(s) entered into by the Company during Financial Year 2021-22
    OrdinaryPromoters have an interest in it
    94.97% for5.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.03%

    Turnout: all 0.20% · promoters 0.00% · institutions 0.00% · other public 0.66%

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, 17 Sep 2021, 9 resolutions

Present: 15 promoters and 21 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including Audited Consolidated Financial Statements) of the company for the financial year ended 31st March, 2021 which includes the Balance Sheet, Statement of Profit & Loss, Cash Flow Statement as at the date, the Auditor’s Report and Board’s Report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.63% · promoters 100.00% · institutions 0.00% · other public 15.40%

  2. To appoint a Director in place of Mr. Shail Manoj Savla (DIN:08763064), who retires by rotation and being eligible offersnhimself for re – appointment.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 66.36% · promoters 96.45% · institutions 0.00% · other public 15.40%

  3. To re-appoint M/s Dhirubhai & Co. LLP, Chartered Accountants (Firm Registration No. 102511W/W100298) as StatutorynAuditor of the Company for the term of period of Five (5) years
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 68.63% · promoters 100.00% · institutions 0.00% · other public 15.40%

  4. Re-designate Mr. Shail Manoj Savla (DIN: 08763064) as Managing Director of the Company
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 66.36% · promoters 96.45% · institutions 0.00% · other public 15.40%

  5. Salary payable to Mr. Shail Manoj Savla with regards of an Office or place of profit from Subsidiary Company i.e.nPrabha Energy Private Limited with effect from 1st August, 2021.
    OrdinaryPromoters have an interest in it
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 4.65% · promoters 0.00% · institutions 0.00% · other public 15.40%

  6. Appointment of Mr. Premsingh Mangatsingh Sawhney (DIN:03231054) as Chairman & Non Executive Non IndependentnDirector
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.63% · promoters 100.00% · institutions 0.00% · other public 15.40%

  7. Appointment of Mr. Ajay Kumar Singhania (DIN: 05135968) as Executive Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 68.63% · promoters 100.00% · institutions 0.00% · other public 15.40%

  8. Appointment of Mr. Navin Chandra Pandey (DIN: 08252350) as Non Executive Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.63% · promoters 100.00% · institutions 0.00% · other public 15.40%

  9. To accord consent to the Board to Create , Offer , Issue and allot securities amounting to Rs.150 Crores (Rupees One Hundred And Fifty Crores Only) pursuant to Section 62(1) (C) and other applicable provisions of the Companies Act , 2013 and other applicable lawsMoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 68.63% · promoters 100.00% · institutions 0.00% · other public 15.40%

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, 10 Nov 2020, 5 resolutions

Present: 16 promoters and 17 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including audited consolidated financial statements) of the company for the financial year ended 31st March, 2020 which includes the Balance Sheet, Statement of Profit & Loss, Cash Flow Statement as at the date, the Auditor’s Report and Board’s Report thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.13% · promoters 100.00% · institutions 25.96% · other public 5.51%

  2. To appoint a Director in place of Mr. Rupesh Kantilal Savla (DIN: 00126303), who retires by rotation and being eligible offers himself for re – appointment.
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.53%

    Turnout: all 36.67% · promoters 50.01% · institutions 25.96% · other public 3.27%

  3. Appointment of Mr. Shail Manoj Savla (DIN: 08763064) as Non Executive Non-Independent Director.
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.83%

    Turnout: all 36.63% · promoters 49.21% · institutions 25.96% · other public 5.51%

  4. Appointment of Mrs. Shaily Jatin Dedhia (DIN: 08853685) as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 69.13% · promoters 100.00% · institutions 25.96% · other public 5.51%

  5. To accord consent to the Board to Create, Offer, Issue and allot securities amounting to 150 Crores (Rupees One Hundred And Fifty Crores Only) pursuant to Section 62(1) (C) and other applicable provisions of the Companies Act, 2013 and other applicable lawsMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 69.13% · promoters 100.00% · institutions 25.96% · other public 5.51%

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, 23 Sep 2019, 7 resolutions

Present: 10 promoters and 35 others.The company's voting result (opens in a new tab)

  1. Receive, consider & adopt the Audited Financial Statements (including consolidated financial statements) for the year ended on 31st March, 2019
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.29% · promoters 100.00% · institutions 0.00% · other public 17.68%

  2. Declaration of Dividend of ? 1.5/- per share for the year ended on 31st March, 2019
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 69.29% · promoters 100.00% · institutions 0.00% · other public 17.68%

  3. Appointment of Mr. Paras Shantilal Savla (DIN:00145639) who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 52.10% · promoters 73.14% · institutions 0.00% · other public 17.68%

  4. Re-appointment of Mrs. Renuka Anjanikumar Upadhyay (DIN:07148637) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 69.29% · promoters 100.00% · institutions 0.00% · other public 17.68%

  5. Re-appointment of Mr. Paras Shantilal Savla (DIN: 00145639) as a Managing Director.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 52.10% · promoters 73.14% · institutions 0.00% · other public 17.68%

  6. Re-appointment of Mr. Rupesh Kantilal Savla (DIN: 00126303) as a Managing Director.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 37.29% · promoters 50.01% · institutions 0.00% · other public 17.68%

  7. To accord consent to the Board to Create, Offer, Issue and allot securities amounting to ?150 Crores (Rupees One Hundred And Fifty Crores Only) pursuant to Section 62(1) (C) and other applicable provisions of the Companies Act , 2013 and other applicable laws.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 69.29% · promoters 100.00% · institutions 0.00% · other public 17.68%

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.