anandkumar rengaswamy - maris.co.in · maris spinners limited 35th annual generalmeeting held...

MARIS SPINNERS LIMITED

35th ANNUAL GENERAL MEETING HELD ON 12TH SEPTEMBER 2014Declaration of Results of e-voting

As per the provisions of the Companies Act, 2013 as also the Listing Agreement, the Company had providedthe facility of e-voting to the Shareholders to enable them to cast their vote electronically on the resolutionsproposed in the Notice of the 35th Annual General Meeting (AGM). The e-voting was open from 06.09.2014to 08.09.2014.

In line with the provisions of the Companies Act, 2013 and in terms of the clarification issued by MCA,votingby Show of Hands was not permitted the Annual General Meeting where e-voting has been offered to theShareholders. Therefore, at the 35th Annual General Meeting, voting was conducted by means of poll.

The Board of Directors had appointed SrLN.Sridharan, Practising Company Secretary as the Scrutinizer for evoting and poll. The scrutinizer had carried out the scrutiny of all the electronic votes received upto the closeof working hours on 08.09.2014 and poll received till the conclusion of the meeting and submitted theirReport on 10.09.2014.

The consolidated results as per the Scrutinizers' Report dt.12th September 2014 is as follows:

% Votes In % Votes InParticulars Favour AgainstResolution 1: To receive, consider and adopt the Balance Sheet as at 31st March 2014 and theStatement of Profit and Loss for the Year ended on that date and the Report of the Directors and 99.96 0.04the Auditors thereon

Resolution 2: To declare the dividend @10% on the face value. 99.73 0.27

Resolution 3: To appoint a Director in the place of Sri.T'Raghuraman, who retires by rotation and 99.80 0.20being eligible, offers himself re-appointment

Resolution 4: To appoint a Director in the place of Sri.M.Rengaswamy, who retires by rotation and 99.98 0.02being eligible, offers himself re-appointment

Resolution 5: To re-appoint MIs. N.C.S.Raghavan & Co, Chartered Accountant as Auditors, to hold 99.83 0.17office from the conclusion of this Annual General Meeting until the conclusion of the next AnnualGeneral Meeting and to fix their remuneration.

Resolution 6: To re-appoint MIs. Gopala Iyengar, Cost Accountant as Cost Auditors, to hold office 99.94 0.06from the conclusion of this Annual General Meeting until the conclusion of the next Annual GeneralMeeting and to fix their remuneration.

Resolution 7: Appointment of Sri. S.Venkataramani as an Independent Director 99.96 0.04

Resolution 8: Appointment of Sri. S.Srivatsan as an Independent Director 99.80 0.20

Resolution 9: Appointment of Sri. Premal HUdani as an Independent Director 99.77 0.23

Based on the consolidated report of the Scrutinizer(s), all Resolutions as set out in the Notice of 35th AnnualGeneral Meeting have been duly approved by the Shareholders with requisite majority.

Date: 13th September, 2014

for MARISSPINNERSLTD.Sd/

Anandkumar RengaswamyMANAGINGDIRECTOR

os ~ Sridharan &,~sociatesCompany S~cretaries

Flat B, Gothis FI?ts,Old No.27, New No.67,BrindhavanStreet Extension,West Mambalam, Chennai - 600 033.

CJ\l Sriaftaral1, M.Com.,ML.,FCS.,MBA,

CP No. : 7469 FCS: 1646 Phone: 044-42668775Cell: 9790791965/9444771442

E-mail: [email protected].

Report of Scrutinizer

[Pursuant to rule section 109 of the Companies Act, 2013 and rule 21(2) of the Companies(Management and Administration) Rules, 2014]

ToThe Chairman .Maris Spinners Limited,No-H, Cathedral Road,Chennai - 600086

Dear Sir,

I ,N, Sridharan, Company Secretary in Practice, appointed as Scrutinizer for the purpose of the evoting I poll on the below mentioned resolution(s), at the Annual General Meeting of the EquityShareholders of Mis. Maris Spinners Limited, held on Friday, the 12 th September, 2014 at 9.30A.M at Hotel Maris, First floor, No-H, Cathedral Road Chennai 600086, submit my report as under:

l. The Annual General Meeting was held on 12-09-2014 at 9.30 am and at the end of themeeting after answering all the queries raised by the members. Mr.Anand Rengaswamy, Chairmaninformed the results of the e-voting for each resolution mentioned in the notice and stated that the·resolutions were approved unanimously.

2. As there was no physical polling, the result of the e-voting is as under:

Item No.1

Resolution: Ordinary

To consider and adopt:

(a) the audited financial statement of the Company for the financial year ended March 31, 2014, thereports of the Board of Directors and Auditors and

(b) the audited consolidated financial statement of the Company for the financial year ended March31,2014.

88 ~ Srid'ftaran &.. ~soc\ates'

(i) Voted in favor of the resolution'Number of members present Number of votes cast by them % of total number of validand voting (in person or by votes cast

_proxy)49 6108060 99.96%

(ii) Voted against the resolution:Number of members present Number of votes cast by them % of total number of validand voting (in person or by votes cast

proxy)1 2500 0.04%

(iii) Invalid votes:Total number of members whose votes were Total number of votes cast by themdeclared invalid (in person or by proxy)

0 0%

Item No.2Resolution - Ordinary

Declaration of Dividend on Equity Shares

(i) Voted in favor of the resolution:Number of members present Number of votes cast by them % of total number of validand voting (in person or by votes cast

proxy)45 6094260 99.73 %

(ii) Voted against the resolution:Number of members present Number of votes cast by them % of total number of validand voting (in person or by votes castproxy)

05 16300 0.27

(iii) Invalid votes:Total number of members whose votes were Total number of votes cast by themdeclared invalid (in person or b_}'_2_roxy)

0 0%

os .Clt_ Sridharan &. ~sociates

Item No.3Resolution - Ordinary

Re-appointment of Sri. T. Raghuraman who retires by rotation

(i) Voted in favor of the resolution:Number of members present Number of votes cast by them % of total number ofvalidand voting (in person or by votes cast

proxy)47 6088060 99.80 %


proxy)02 12500 0.20%


0 0%

Item No.4Resolution - OrdinaryRe-appointment of Sri. M. Rengaswamy who retires by rotation


proxy)49· 6109560 99.98 %

(ii) Voted against the resolution:Number of members present Number of votes cast by them % of total number ofvalidand voting (in person or by votes cast

proxy)02 1000 0.02%


0 0%

os ~ Sridftaran & ~sociates'

Item No.5Resolution - OrdinaryAppointment of MIs. N.C.S Raghavan & Co as Staturory Auditors of the Company

. (i) Voted in favor of the resolution:Number of members present Number of votes cast by them % of total number of validand voting (in person or by votes cast

proxy)48 6100260 99.83 %


proxy)02' 10300 0.17 %

(iii) Invalid votes'Total number of members whose votes were Total number of votes cast by themdeclared invalid (in person or by proxy)

0 0%

Item No.6Resolution - OrdinaryAppointment of MIs. A Gopala Iyengar as Cost Auditors of the Company


proxy)47 6104560 99.94 %


proxy)02 3500 0.06%


0 0%

os ~ Srid'Ftaran & Associates

Item No.7Resolution - Special

Appointment of Sri. s. Venkataramani as an Independent Director


proxy)49 6108060 99.96 %


proxy)01' 2500 0.04%


0 0%

Item No.8Resolution - Speical

Appointment of Sri. SSrivatsan as an independent Director


proxy)48' 6098060 99.80 %


proxy)02 12500 0.20 %

(iii) Invalid votes':Total number of members whose votes were Total number of votes cast by themdeclared invalid (in_2_ersonor by proxy)

0 0%

os ~ Srid'Ftaran & Associates

Item No.9Resolution - SpecialAppointment of Sri. S Premal H Udani as an Independent Director


proxy)46 6096760 99.77 %

(ii) Voted against the resolution:Number of members present Number of votes cast by them % of total number ofvalidand voting (i~ person or by votes cast

proxy)04. 13800 0.23 %


0 0%

For N.SRIDHARAN & ASSOCIATES,

Place: Chennai -33Date: 12.09.2014 N'~

N.SRIDHARANCOMPANY SECRETARY

anandkumar rengaswamy - maris.co.in · maris spinners limited 35th annual generalmeeting held...

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