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DOLAT ALGOTECH LIMITED — AGM Information 2023
Sep 29, 2023
62693_rns_2023-09-29_60594513-519c-45b6-aa80-9cd126266e92.pdf
AGM Information
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DOLAT ALGOTECH LIMITED
(FORMERLY KNOWN AS DOLAT INVESTMENTS LIMITED)
--------------------------------------------------------------------------------------------------------------------------------------------Corporate Office: 301-308, Bhagwati House, Plot, A/19, Veera Desai, Andheri (West), Mumbai - 400 058 TEL.: 91-22-2673 2602/03/04/65704167/68/69/70/71 FAX: 91-22-26732642, Website: www.dolatalgotech.in ; E-mail: [email protected] Corporate Identity Number: L67100GJ1983PLC126089
29[th] September, 2023
To, Listing Compliance BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. BSE Code: 505526
Sub.: Submission of proceedings of the 42[nd] Annual General Meeting of the Company
Dear Sir/Madam,
In terms of regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the details of the proceedings of the 42[nd] AGM of the Company held on Friday, 29[th] September, 2023 at 4.30 p.m. (IST) through Video Conferencing (“VC”) in compliance with and as per the circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India.
Please take the above on record and oblige.
Thanking you,
Yours Faithfully,
For DOLAT ALGOTECH LIMITED
SANDEEPKU Digitally signed by SANDEEPKUMAR G MAR G BHANUSHALI Date: 2023.09.29 BHANUSHALI 19:17:36 +05'30'
Sandeepkumar G. Bhanushali Company Secretary & Compliance Officer
Encl: As Above
Registered Office: 1401‐1409, Dalal Street Commercial Co‐op Soc Ltd, Block 53 (Bldg No.53E) Zone‐5, Road‐5E, Gift city, Gandhinagar ‐ 382355, Gujarat
DOLAT ALGOTECH LIMITED
(FORMERLY KNOWN AS DOLAT INVESTMENTS LIMITED)
--------------------------------------------------------------------------------------------------------------------------------------------Corporate Office: 301-308, Bhagwati House, Plot, A/19, Veera Desai, Andheri (West), Mumbai - 400 058 TEL.: 91-22-2673 2602/03/04/65704167/68/69/70/71 FAX: 91-22-26732642, Website: www.dolatalgotech.in ; E-mail: [email protected] Corporate Identity Number: L67100GJ1983PLC126089
SUMMARY OF PROCEEDINGS OF THE 42[nd] ANNUAL GENERAL MEETING OF THE COMPANY HELD ON FRIDAY, SEPTEMBER 30, 2023 AT 4.30 P.M. (IST) THROUGH VIDEO CONFERENCING.
Mr. Harendra D. Shah, Chairman of the Board presided the meeting. The Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders’ Relationship Committee were present at the Meeting. All the other Directors were present at the Meeting through VC. The representative of the Statutory Auditors and Secretarial Auditors were present at the Meeting through VC.
Chairman welcomed all the members. He then introduced the directors and officers present through VC. The Chairman informed that the required quorum was present and called the meeting in order. The quorum was present throughout the meeting.
Members were informed that the statutory registers and other documents as referred in the AGM Notice were available for inspection. As the AGM was held through video conference, the facility for appointment of proxies by the Members was not applicable and hence the proxy register for inspection was not available. The Company Secretary, thereafter provided general instructions to the Members regarding participation in the Meeting through video conference and the details of the e‐voting facility provided to the Members before and during the Meeting to cast their votes electronically through the NSDL platform.
Mr. Pankaj D. Shah, Managing Director of the company then presented his speech on the current market scenario, business and the performance of the Company. With the consent of the members, the Notice convening the 42[nd] Annual General Meeting, Annual report, the Directors' Report and the Auditors' Report were taken as read. The Chairman informed that there were no qualifications in the Audit Report on the Financial Statements.
He further informed that there no qualification, reservation, adverse remark or disclaimer in Secretarial Audit Report for FY 22‐23 except observation relating delay in compliance with Regulation 23(9) of SEBI (LODR) Regulations, 2015 and Composition of Board under Regulation 17(1) of SEBI (LODR) Regulations, 2015.
It was informed that the 4 resolutions as set forth in the Notice of the AGM have already been put to vote through remote e‐voting and the requirement to propose and second is not applicable. The Members were invited to express their views, ask questions and seek clarifications which were appropriately responded.
Following businesses were transacted at the meeting:
Registered Office: 1401‐1409, Dalal Street Commercial Co‐op Soc Ltd, Block 53 (Bldg No.53E) Zone‐5, Road‐5E, Gift city, Gandhinagar ‐ 382355, Gujarat
DOLAT ALGOTECH LIMITED
(FORMERLY KNOWN AS DOLAT INVESTMENTS LIMITED)
--------------------------------------------------------------------------------------------------------------------------------------------Corporate Office: 301-308, Bhagwati House, Plot, A/19, Veera Desai, Andheri (West), Mumbai - 400 058 TEL.: 91-22-2673 2602/03/04/65704167/68/69/70/71 FAX: 91-22-26732642, Website: www.dolatalgotech.in ; E-mail: [email protected] Corporate Identity Number: L67100GJ1983PLC126089
| ORDINARY BUSINESS – ORDINARY RESOLUTION | |
|---|---|
| 1 | To receive, consider and adopt the Audited Standalone Financial Statements for the year ended 31st March, 2023 together with the Reports of the Board of Directors and Auditors thereon. |
| 2 | To receive, consider and adopt the Audited Consolidated Financial Statements for the year ended 31st March, 2023 together with the Reports of Auditors thereon |
| 3 | To appoint a Director in place of Mr. Shailesh D. Shah (DIN 00005041), who retires by rotation and,beingeligible,offers himself for re‐appointment |
| SPECIAL BUSINESS | |
| 4 | Special Resolution Re‐appointment of Mr. PankajD. Shah as ManagingDirector of the Company |
It was also informed that the members who were present at the AGM and had not cast their votes electronically can cast their votes electronically through the NSDL platform. It was further informed to the members that the Board of Directors had appointed Mr. Dinesh Kumar Deora, Practicing Company Secretary, as Scrutinizer to scrutinize the e‐voting at the AGM and remote e‐ voting process in a fair and transparent manner. Chairman authorized Company secretary to declare the result of the e‐voting process and place the results on the website of the Company along with the scrutinizer report within 2 working days from the conclusion of the Meeting.
The Chairman then thanked the Members for their continued support and for attending and participating in the Meeting. He further informed that remote e‐voting facility continued for another 15 minutes after closure of the meeting to enable the Members to cast their votes.
On completion of the e‐voting process, the meeting concluded at 5:10 p.m.
Thanking you,
Yours Faithfully,
For DOLAT ALGOTECH LIMITED
SANDEEPKUM Digitally signed by SANDEEPKUMAR G AR G BHANUSHALI Date: 2023.09.29 BHANUSHALI 19:17:53 +05'30'
Sandeepkumar G. Bhanushali Company Secretary & Compliance Officer
Registered Office: 1401‐1409, Dalal Street Commercial Co‐op Soc Ltd, Block 53 (Bldg No.53E) Zone‐5, Road‐5E, Gift city, Gandhinagar ‐ 382355, Gujarat