Gallantt Ispat (Delisted) MD, chairman, board of directors and AGM

BSE: 533265Industrial Products

Last traded ₹64.15 on 3 Jun 2022

Delisted on 30 Nov 2022.

Gallantt Ispat 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.Gallantt Ispat share news and announcements

Annual general meeting, 31 Aug 2021

Present: 10 promoters and 40 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2021, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the 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 88.14% · promoters 84.76% · institutions 0.00% · other public 93.90%

  2. To appoint a Director in place of Mr. Prem Prakash Agrawal (DIN: 01397585), who retires by rotation at this Annual General Meeting in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.14% · promoters 84.76% · institutions 0.00% · other public 93.90%

  3. Appointment of Mr. Udit Agarwal (DIN: 07036864) as an Independent Director
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.14% · promoters 84.76% · institutions 0.00% · other public 93.90%

  4. To approve the remuneration of the Cost Auditors for the financial year ending March 31, 2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.14% · promoters 84.76% · institutions 0.00% · other public 93.90%

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.

Meeting called by the tribunal, 8 Apr 2021, 1 resolution

Present: 4 promoters and 26 others.The company's voting result (opens in a new tab)

  1. Approval of the Scheme of Amalgamation and Slump Sale providing for Slump Sale of 18 MW Power Plant of Gallantt Ispat Limited to Gallantt Metal Limited and thereafter Amalgamation of Gallantt Ispat Limited, AAR Commercial Company Limited, Hipoline Commerce Private Limited, Lexi Exports Private Limited and Richie Credit and Finance Private Limited with Gallantt Metal Limited (Transferee Company) and their respective shareholders and creditors under Sections 230-232 of the Companies Act, 2013.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 97.75% · promoters 100.00% · institutions 0.00% · other public 93.92%

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 Sep 2020, 4 resolutions

Present: 22 promoters and 58 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2020, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the 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 65.27% · promoters 75.52% · institutions 0.00% · other public 47.75%

  2. To appoint a Director in place of Mr. Santosh Kumar Agrawal (DIN: 01045228), who retires by rotation at this Annual General Meeting 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 65.27% · promoters 75.52% · institutions 0.00% · other public 47.75%

  3. To approve the remuneration of the Cost Auditors for the financial year ending March 31, 2021.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 65.27% · promoters 75.52% · institutions 0.00% · other public 47.75%

  4. To consider and approve Alteration of Main Objects to be Pursued by the Company – Main Objects Clause of Memorandum of Association of the Company by addition in new clause in the Main Object Clause.
    Special
    100.00% for0.00% against

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

    Turnout: all 65.27% · promoters 75.52% · institutions 0.00% · other public 47.75%

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, 26 Sep 2019, 11 resolutions

Present: 8 promoters and 16 others.The company's voting result (opens in a new tab)

  1. Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2019, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  2. To appoint a Director in place of Mr. Nitin Mahavir Prasad Kandoi (DIN: 01979952), 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 0.00%

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  3. Appointment of M/s. Maroti & Association, Chartered Accountants as Statutory Auditors of the Company for a term of 5 (five) years from conclusion of 15th Annual General Meeting until the conclusion of the 20th Annual General Meeting and to fix their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  4. Reappointment of Mr. Chandra Prakash Agrawal (DIN: 01814318) as a Managing Director for a period of five years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  5. Reappointment of Mr. Santosh Kumar Agrawal (DIN: 01045228) as a Wholetime Director designated as Director-Sales & Marketing for a period of five years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  6. Reappointment of Mr. Prem Prakash Agrawal (DIN: 01397585) as a Managing Director for a period of five years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  7. Reappointment of Mr. Nitin Mahavir Prasad Kandoi (DIN: 01979952) as a Wholetime Director designated as Director (Plant Operation) for a period of five years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  8. Appointment of Mr. Ashtbhuja Prasad Srivastava (DIN: 08434115) as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  9. Appointment of Mr. Dindayal Jalan (DIN: 00006882) as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  10. Appointment of Mrs. Smita Modi (DIN: 01141396) as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

  11. Approval of payment of Remuneration to Cost Auditor.
    Special
    100.00% for0.00% against

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

    Turnout: all 90.85% · promoters 89.82% · institutions 0.00% · other public 92.62%

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, 4 Jan 2019, 2 resolutions

Present: 12 promoters and 206 others.The company's voting result (opens in a new tab)

  1. To consider and approve the Shifting of Registered Office of the Company from the State of West Bengal to National Capital Territory of Delhi (NCT of Delhi).
    Special
    100.00% for0.00% against

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

    Turnout: all 94.82% · promoters 96.13% · institutions 0.00% · other public 92.56%

  2. To consider and approve Alteration in the Memorandum of Association of the Company with regard to change in Situation of the Registered Office Clause.
    Special
    100.00% for0.00% against

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

    Turnout: all 94.82% · promoters 96.13% · institutions 0.00% · other public 92.56%

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.