Excel Crop Care (Delisted) MD, chairman, board of directors and AGM

BSE: 532511

Last traded ₹3,194.20 on 28 Aug 2019

Delisted on 27 May 2020.

Excel Crop Care 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.Excel Crop Care share news and announcements

Meeting called by the tribunal, 30 Mar 2019

Present: 2 promoters and 108 others.The company's voting result (opens in a new tab)

  1. Approval of Scheme of Amalgamation between Excel Crop Care Limited and Sumitomo Chemical India Limited and their respective shareholders under section 230-232 and other applicable provisions of the Companies Act, 2013 ('Scheme') [Majority of persons representing three-fourth in value of the equity shareholders of the Company as per applicable provisions of section 230-232 of the Companies Act, 2013]MoreLess
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 81.51% · promoters 100.00% · institutions 95.02% · other public 35.39%

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.

Extraordinary general meeting, 30 Mar 2019, 5 resolutions

Present: 2 promoters and 99 others.The company's voting result (opens in a new tab)

  1. Approval for Director re-appointment of Mr. Ninad D. Gupte as Joint Managing Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 72.39% · promoters 100.00% · institutions 95.34% · other public 2.89%

  2. Approval for continuation of directorship of Dr. Mukul G. Asher
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.41% · other public 1.32%

    Turnout: all 72.39% · promoters 100.00% · institutions 95.34% · other public 2.88%

  3. Approval for re-appointment of Dr. Mukul G. Asher as Independent Director of the Company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.32%

    Turnout: all 65.80% · promoters 100.00% · institutions 0.39% · other public 2.88%

  4. Approval for continuation of directorship of Mr. B. V. Bhargava
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 72.39% · promoters 100.00% · institutions 95.34% · other public 2.88%

  5. Approval for re-appointment of Mr. B. V. Bhargava as Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 65.80% · promoters 100.00% · institutions 0.39% · other public 2.88%

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, 2 Aug 2018, 6 resolutions

Present: 2 promoters and 93 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2018 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.67% · promoters 100.00% · institutions 95.10% · other public 0.32%

  2. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.67% · promoters 100.00% · institutions 95.10% · other public 0.32%

  3. Appointment of a Director in place of Mr. Tadashi Katayama, who retires by rotation and, being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.00%

    Turnout: all 71.67% · promoters 100.00% · institutions 95.10% · other public 0.32%

  4. Ratification of appointment of auditors and fixing their remuneration
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.67% · promoters 100.00% · institutions 95.10% · other public 0.32%

  5. Appointment of Mr. Kiyoshi Takayama as Executive Director
    Special
    100.00% for0.00% against

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

    Turnout: all 71.67% · promoters 100.00% · institutions 95.10% · other public 0.32%

  6. Ratification of the remuneration of the Cost Auditor of the Company for the year 2018-19
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 71.67% · promoters 100.00% · institutions 95.10% · other public 0.32%

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.

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 Jul 2017, 1 fund house

  • Adoption of financial statements for the year ended 31 March 2017
    1 for0 against
  • Appoint BSR & Associates LLP as statutory auditors for five years and fix their remuneration
    1 for0 against
  • Appoint Chetan Shah as MD & CEO for a period of three years w.e.f 7 October 2016 and fix his remuneration
    1 for0 against
  • Appoint Ms. Preeti Mehta as an Independent Director for five years w.e.f 7 October 2016
    1 for0 against
  • Appoint Ninad D. Gupte as Joint MD for a period of two years w.e.f 26 October 2016 and fix his remuneration
    1 for0 against
  • Appoint Seiji Ota as a Director
    1 for0 against
  • Appoint Tadashi Katayama as a Director
    1 for0 against
  • Approve remuneration of Rs. 0.4 mn for Kishore Ajitshi Bhatia as cost auditors for FY18
    1 for0 against
  • Reappoint Dipesh K. Shroff as a Director
    1 for0 against

Mutual fund votes, meeting of 28 Jul 2016, 1 fund house

  • Adoption of financial statements for the year ended 31 March 2016
    1 for0 against
  • Approve remuneration of Rs.0.3 mn proposed to be paid to Kishore Ajitshi Bhatia, as Cost Auditor for FY17
    1 for0 against
  • Declare dividend of Rs.12.5 per share of face value Rs.5.0 each
    1 for0 against
  • Ratify appointment of SRBC & Co. LLP as statutory auditors for FY17
    1 for0 against
  • Reappoint J. R. Naik as a Non-Executive Non-Independent director
    1 for0 against
  • Take note of reclassification of existing promoters
    1 for0 against
2 earlier meetings

Mutual fund votes, meeting of 23 Sep 2015, 1 fund house

  • Adopt the new set of Articles of Association in line with Companies Act 2013
    1 for0 against
  • Adoption of standalone and consolidated financial statements for the year ended 31 March 2015
    1 for0 against
  • Appoint Dr Meena A Galliara as an Independent Director for a period of 5 years till 24 March 2020
    1 for0 against
  • Appoint Hrishit Shroff as Executive Director for five years and fix his remuneration
    1 for0 against
  • Appoint Mohit Bhuteria as an Independent Director for a period of 5 years till 28 October 2019
    1 for0 against
  • Declare dividend
    1 for0 against
  • Ratify appointment of SRBC & Co LLP as auditor for one year
    1 for0 against
  • Ratify remuneration of Rs. 220000 payable to Kishore Ajitshi Bhatia, Cost Accountant for FY2015-16
    1 for0 against
  • Reappoint Ashwin C Shroff as Director
    1 for0 against

Mutual fund votes, meeting of 10 Sep 2014, 1 fund house

  • Adoption of Accounts
    1 for0 against
  • Alteration of AOA
    1 for0 against
  • Appointment of Dr Mukul G Asher as Independent Director
    1 for0 against
  • Appointment of M/s S R B C & Co LLP, Chartered Accountants as Auditors
    1 for0 against
  • Appointment of Mr B V Bhargava as Independent Director
    1 for0 against
  • Appointment of Mr Deepak Bhimani as Independent Director
    1 for0 against
  • Appointment of Mr S Nallakuttalam as Director liable to retire by rotation
    1 for0 against
  • Appointment of Mr Sandeep Junnarkar as Independent Director
    1 for0 against
  • Appointment of Mr Sharad L Patel as Independent Director
    1 for0 against
  • Appointment of Mr V B Buch as Independent Director
    1 for0 against
  • Declaration of Dividend
    1 for0 against
  • Holding of Office or Place of Profit by Mr.Hrishit A.Shroff
    1 for0 against
  • Increase in Payment of remuneration of Mr Ninad D Gupte, Joint Managing Director
    1 for0 against
  • Payment of remuneration of Rs 2,20,000 to Cost Auditors Mr Kishore Bhatia, Cost Accountant
    1 for0 against
  • Payment of revised remuneration to Non-Executive Directors
    1 for0 against
  • Re-appointment of Mr J R Naik as Director
    1 for0 against

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