Pennar Engineered Building Systems (Delisted) MD, chairman, board of directors and AGM

BSE: 539333

Last traded ₹62.85 on 6 Jun 2019

Delisted on 29 Nov 2019.

Pennar Engineered Building Systems 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.Pennar Engineered Building Systems share news and announcements

Meeting called by the tribunal, 14 Dec 2018

Present: 8 promoters and 40 others.The company's voting result (opens in a new tab)

Approval of Scheme of Amalgamation of Pennar Engineered Building Systems Limited (�First Transferor Company�) and Pennar Enviro Limited (�Second Transferor Company�) with Pennar Industries Limited (�Transferee Company�) and their respective shareholdersMoreLess
Special
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 78.63% · promoters 100.00% · institutions 93.21% · other public 12.91%

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 2018, 7 resolutions

Present: 7 promoters and 163 others.The company's voting result (opens in a new tab)

To receive, consider and adopt the audited financial statements of the company for the financial year ended 31st March, 2018 together with the reports of the Board of directors and the auditors thereon.MoreLess
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.58%
Turnout: all 74.27% · promoters 100.00% · institutions 81.96% · other public 0.15%
To appoint a director in place of Mr Aditya Rao (DIN 01307343) who retires by rotation 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 7.43%
Turnout: all 64.79% · promoters 85.06% · institutions 81.96% · other public 0.15%
To appoint a Director in the place of Mr Eric James Brown (DIN 07670880) 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 7.43%
Turnout: all 74.27% · promoters 100.00% · institutions 81.96% · other public 0.15%
To appoint Auditors and fix their remuneration.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.58%
Turnout: all 74.27% · promoters 100.00% · institutions 81.96% · other public 0.15%
To designate Mr Eric James Brown (DIN 07670880) as Non-Executive Director.
Special
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 7.43%
Turnout: all 74.27% · promoters 100.00% · institutions 81.96% · other public 0.15%
to ratify the remuneration payable to M/sKandikonda & Associated, cost auditors for the financial year ending 31st March, 2019.
Special
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.58%
Turnout: all 74.27% · promoters 100.00% · institutions 81.96% · other public 0.15%
To approve material party transaction.
SpecialPromoters have an interest in it
99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 7.43%
Turnout: all 10.81% · promoters 0.00% · institutions 81.96% · other public 0.15%

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 14 Dec 2018, 1 fund house

Approval of Scheme of Amalgamation of Pennar Engineered Building Systems Limited (�First Transferor Company�) and Pennar Enviro Limited (�Second Transferor Company�) with Pennar Industries Limited (�Transferee Company�) and their respective shareholdersMoreLess
1 for0 against

Mutual fund votes, meeting of 28 Sep 2018, 1 fund house

To receive, consider and adopt the audited financial statements of the company for the financial year ended 31st March, 2018 together with the reports of the Board of directors and the auditors thereon.MoreLess
1 for0 against
To appoint a director in place of Mr Aditya Rao (DIN 01307343) who retires by rotation and being eligible offers himself for re-appointment.
1 for0 against
To appoint a Director in the place of Mr Eric James Brown (DIN 07670880) who retires by rotation and being eligible offers himself for re-appointment.
1 for0 against
To appoint Auditors and fix their remuneration.
1 for0 against
To designate Mr Eric James Brown (DIN 07670880) as Non-Executive Director.
1 for0 against
to ratify the remuneration payable to M/sKandikonda & Associated, cost auditors for the financial year ending 31st March, 2019.
1 for0 against
To approve material party transaction.
1 for0 against

4 earlier meetings

Mutual fund votes, meeting of 28 Sep 2017, 1 fund house

Adoption of financial statements for the year ended 31 March 2017
1 for0 against
Appoint B S R & Associates LLP as statutory auditors for one year in place of casual vacancy caused by resignation of Deloitte Haskins & Sells and fix their remuneration
1 for0 against
Approve related party transactions upto Rs. 1 bn in FY18 with holding company Pennar Industries Limited
1 for0 against
Approve remuneration of Rs. 70,000 for Kandikonda & Associates as cost auditors for FY18
1 for0 against
Charge expenses to shareholders in advance for the dispatch of documents in the mode requested by them
1 for0 against
Reappoint Mukul Gulati as Non-Executive Non-Independent Director
1 for0 against
Reappoint P V Rao as Managing Director for two years with effect from 10 February 2017 and fix his remuneration
1 for0 against

Mutual fund votes, meeting of 16 Feb 2017, 2 fund houses

Appointment of Mr. Eric James Brown as an Independent Director of the Company for a period of 5 years upto December 12, 2021
1 for0 against
Approval for Company share of increase in Initial Public Offer (IPO) expenses
1 for0 against
Approval to charge for service of documents for delivery of the documents through a particular mode as requested by the member
1 for0 against
Confirmation of appointment of Mr. Eric James Brown as a director of the Company who was appointed as an Additional Director by the Board of Director
1 for0 against
Regarding dispatches of documents to members
1 for0 against
To appoint Mr. Eric James Brownas as an Independent Director
1 for0 against
To approve Company Share of increase of IPO expenses
1 for0 against
To confirm the appointment of Mr. Eric James Brown as director
1 for0 against

Mutual fund votes, meeting of 30 Sep 2016, 1 fund house

Ratification of appointment of Auditors.
1 for0 against
Ratification of Remuneration to Cost Auditor
1 for0 against
To appoint a Director in the place of Mr. Aditya Rao (DIN: 01307343) who retires by rotation and being eligible offers himself for re-appointment
1 for0 against
To appoint a Director in the place of Mr. Nrupender Rao (DIN: 00089922) who retires by rotation and being eligible offers himself for re-appointment.
1 for0 against
To appoint Mr. C Parthasarathy (DIN: 00079232) as an Independent Director
1 for0 against
To approve material related party transaction.
1 for0 against
To confirm the appointment of Mr. C Parthasarathy (DIN: 00079232) as Director who was appointed as an Additional Director
1 for0 against
To confirm the appointment of Mr. Mukul Gulati (DIN: 00746183) as Director who was appointed as an Additional Director
1 for0 against
To receive, consider and adopt the audited financial statements of the company for the financial year ended 31st March, 2016 together with the reports of the Board of directors and the auditors thereon.MoreLess
1 for0 against

Mutual fund votes, meeting of 21 Dec 2015, 2 fund houses

Amendment to the ESOP 2014, for reducing the Vesting period from 5 Years to 3 Years be & hereby approved
1 for0 against
Approve variation in Maximum number of options to be issued per employee and in aggregate
2 for0 against
Approve variation in Vesting Period
1 for0 against
Ratification of PRE-IPO ESOP Plan 2014
1 for0 against
To Create, offer & grant such number of Employee Stock Option to permanent employees & directors, whether wholetime or otherwise, whether working in India or outside India, as may be decided solely by the Board under the plan, exercisable into not more than 10,00,000 fully paid-up equity shares in the Company in aggregate, of face value of Rs. 10/- eachMoreLess
1 for0 against

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