Garden Silk Mills (Delisted) MD, chairman, board of directors and AGM

BSE: 500155

Last traded ₹7.60 on 25 Jan 2021

Delisted on 8 Feb 2021.

Garden Silk Mills 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.Garden Silk Mills share news and announcements

Annual general meeting, 21 Dec 2020

Present: 6 promoters and 35 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the financial year ended 31st March 2020 together with the Board Report and Auditors thereon.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.78%

    Turnout: all 6.63% · promoters 11.50% · institutions 0.00% · other public 0.01%

  2. Appointment of Mr. Sanjay S. Shah DIN 00024004 a Director retiring by rotation
    Ordinary
    99.91% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 75.57%

    Turnout: all 4.91% · promoters 8.51% · institutions 0.00% · other public 0.01%

  3. Reappointment of Ms. Kruti Kothari DIN 08502921 as an Independent Director of the Company.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.69%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.01%

  4. Reappointment of Mr. Sanjay S. Shah DIN 00024004 as Wholetime Director designated as Executive Director of the Company.
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 74.64%

    Turnout: all 4.91% · promoters 8.51% · institutions 0.00% · other public 0.01%

  5. Reappointment of Mr. Sunil S. Sheth DIN 00024033 as an Independent Director of the Company
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 74.64%

    Turnout: all 6.63% · promoters 11.50% · institutions 0.00% · other public 0.01%

  6. Ratification of payment of Remuneration of Cost Auditor for the financial year 2020 21
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.58%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.01%

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, 25 Sep 2019, 5 resolutions

Present: 6 promoters and 61 others.The company's voting result (opens in a new tab)

  1. Consider and adopt: Audited Financial Statement for the financial year ended 31st March 2019 and the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 37.32%

    Turnout: all 6.56% · promoters 11.35% · institutions 0.00% · other public 0.03%

  2. Appointment of Shri Suhail P. Shah (DIN: 00719002), a Director retiring by rotation
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 38.07%

    Turnout: all 6.56% · promoters 11.35% · institutions 0.00% · other public 0.03%

  3. Re-appointment of Shri Praful A. Shah (DIN: 00218143) as Chairman and Managing Director of the Company.
    SpecialPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 38.07%

    Turnout: all 6.56% · promoters 11.35% · institutions 0.00% · other public 0.03%

  4. Re-appointment of Shri Alok P. Shah (DIN: 00218180) as Wholetime Director designated as Executive Director, CFO and COO of the Company
    SpecialPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 38.07%

    Turnout: all 6.56% · promoters 11.35% · institutions 0.00% · other public 0.03%

  5. Ratification of Remuneration of Cost Auditors for the financial year ending 31 March 2020
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 37.32%

    Turnout: all 6.56% · promoters 11.35% · institutions 0.00% · other public 0.03%

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, 18 Sep 2018, 6 resolutions

Present: 2 promoters and 61 others.The company's voting result (opens in a new tab)

  1. (a) Adoption of audited financial statements of the Company for the financial year ended 31st March, 2018, the reports of the Board of Directors and Auditors thereon; and (b) The audited consolidated financial statements of the Company for the year ended 31st March, 2018MoreLess
    Ordinary
    99.95% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 58.56%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.02%

  2. Appointment of Shri Alok P. Shah (DIN 00218180) as a Director of the Company retiring by rotation
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.98%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.02%

  3. Ratification of appointment of Sharp & Tannan Associates, Chartered Accountants as Statutory Auditors of the Company pursuant to Section 139 of the Companies Act, 2013
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.98%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.02%

  4. Re-appointment of Shri Yatish C. Parekh (DIN: 00168488) as an Independent Director, not liable retire by rotation and to hold office for a second term of 5 (five) consecutive years with effect from 1st April, 2019MoreLess
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.98%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.02%

  5. Re-appointment of Shri Suhail P. Shah (DIN: 00719002) as Wholetime Director for a period of three years with effect from 1st December, 2018
    SpecialPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.98%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.02%

  6. Ratification of the payment of remuneration to Cost Auditors for the financial year 2018-19
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 52.98%

    Turnout: all 6.64% · promoters 11.50% · institutions 0.00% · other public 0.02%

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.