ecntertainm nt orporation ftited...was held on wednesday, september 19, 2018 at 11.00 a.m. at...
TRANSCRIPT
Dept of Corporate Services (CRD) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - '1-00 001.
Dear Sirs,
Ga1axy Entertainm�nt
CorporationfTited
Sub: Outcome of36th Annual General Meeting (AGM} of the Company.
Ref: Scrip Code: BSE - 506186
CIN: L51900MH1981PLC024988
September 20, 2018
With reference to the above, please note that the 36th Annual General Meeting (AGM) of the Company was held on Wednesday, September 19, 2018 at 11.00 a.m. at Sunville Banquets 9, Dr. Annie Besant Road, Worli, Mumbai - 400018 and the business mentioned in the Notice dated July 26, 2017 were transacted.
In this regard, Please find enclosed the followings:
l. Surn1nary ol proceedings as required under l{egulation 30, Parn A of Part-A or Schedule -Ill of S1-:131
(Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Regulations") as/\nnexure - I.
2. Voting results as required under Regulation 4'1- of'the SEl31 Regulations as Annexure - II.
3. Report of Scrutinizer dated September 20, 2018, Pursuant to Section 108 of the Companies Act, 2013and Rule 20(4) (xii) of the Companies (Management and Administration) Rules, 2014.
4. Annual Report for the financial year 2017-18 as required un<.Jcr Regulation 34 or the SEl31 (ListingObligations and Disclosure Requirements) Regulations duly approved and a<.Jopted by the membersas per the provisions of the Companies Act, 2013.
The above said information/documents related to the 36th Annual General Meeting ('AGM') is available on the company's website, www.thegalaxycorp.com
Please take the same on records.
Encl: a/a
Registered Office: Eyelet House, M.S. Patel Compound, Near John Baker Bus Stop, Opp. Shah Industrial Estate, Saki - Vihar Road, Saki Naka, Andheri (East). Mumbai - 400 072.
Tel: 022 6199 5229 • Fax No.: 022 6199 5054 • Email: [email protected] • Website: www.thegalaxycorp.com
Ga1c1:XY Dntet tain:11�nt £.icorporatton
Ji�ited
CIN: L51900MH1981PLC024988
Annexure - 1
Summary of proceedings of the 36th Annual General Meeting:
The 36th Annual General Meeting (AGM) of the Company was held on Wedncsd.iy, Seplcmber 19, 2018 at 11.00 a.m. (1ST) at Sunville Banquets 9, Or. Annie Oesant Road, Worli, Mumbai - 400018 and concluded at 11.55 a.m. (1ST).
On request of Mr. Rajneesh Agarwal, Chairman of Company and Audit Committee, Mr. Swapnil l<othari, chaired and preceded over the meeting. The requisite quorum being present, the Chairman called the meeting to order. All the Directors of the Company except Mr. Sunil Biyani, Mr. Sharad Rustagi and Ms. Udita Jhunjhunwala, who had intimated their inability to attend the AGM, attended the AGM. The notice convening the AGM along with explanatory statement was taken as read.
Thereafter, Cha irman of the meeting took up the items of Ordinary Business and Special Business, as listed in serial no. 1-3 below. Chairman of the meeting gave the opportunity to the members to ask questions and seek clarifications on the agenda items and quer ies of the members were satisfactorily replied.
The C:hairr11cm of the meeting informed the Members that the facility of remote e-voting was made available from Sunday, September 16, 2018 (9.00 am 1ST) to Tuesday, September 18, 20 18 ( 5.00 pm 1ST) and that the facility of voting through physical ballot papers has been arranged for those members who are present at the Meeting and have not casted their votes though remote e-voting. Members were nlso informed thnt, since the Company has carried out remote e-voting on all resolutions set out in the Notice calling the AGM, voting by show of hands at the AGM was not permissible.
The Chairman also informed that Mr. Amit Samani of M/s. Amit Samani & Co., Practicing Company Secretary has been appointed as Scrutinizer for scrutinizing the remote e-voting process and voting by way of physical ballot paper at the AGM in a fair and transparent manner
The following items as set out in the Notice convening the AGM were transacted at the meeting:
I Sr. I Details of the Items I Resolution required -
I No� -\--,_O_r_d_in_a...,,r /Sp_ecialJ 1. /\udited Financial Statements of the Company for the
! financial year ended March 31, 2018, the reports of the I Ordinary Board of Directors and Auditors thereon. _____
___ J ______ _ 2
� I :�e��gJr:
i
;���1
�i:�,:f
t��-�t�r�en
�1 ���r:�!0�(.DIN�
00006583) L_J. Re-appointment of Mr. Sha rad Rustagi (DIN: 07232913)
as an lnde endent Director of the Com -
Ordinary
Spec ial
Registered Office: Eyelet House, M.S. Patel Compound, Nea� John Baker Bu� Stop, Opp. Shah Industrial Estate, Saki - Vihar Road, Saki Naka, Andhen (East), Mumbai - 400 072._
Tel: 022 6199 5229. Fax No.: 022 6199 5054 • Email: [email protected] • Website: www.thegalaxycorp.com
Ga1axy Entertainm�nt
Corporation fTitea
CIN: L51900MH1981PLC024988
The chc1irmc111 of the meeting thanked the members for attending and participating in the meeting. The Chairman informed that the result will be announced within permitted time on receipt of Scrutinizer's report.
Please take the same on records.
Thanking you,
Yours foithfully,
Encl: a/a
Registered Office: Eyelet House, M.S. Patel Compound, Near John Baker Bus Stop. Opp. Shah Industrial Estate, Saki - Vihar Road, Saki Naka, Andheri (East), Mumbai - 400 072.
Tel: 022 6199 5229 • Fax No.: 022 6199 5054 • Email: [email protected] • Website: www.thegalaxycorp.com
Annexure - 2
Ga1axy Dntertainment rlcorporatton
JiTited
CIN: L51900MH1981PLC024988
Galaxy Entertainment Corporation Limited- 36th Annual General Meeting (AGM) Voting Results:
�------
Date of AGM September 19, 2018 Total no. of Shareholders as on cut-off 3022 date (September 12, 2018) No. of shareholders present in meeting either in person or through proxy:
Promoter and Promoter group I 6 ---------'--
Public 126 I No. of shareholder attended the meeting None I through video conferencing:_ i_
Promoter and Promoter group None Public None
Registered Office: Eyelet House, M.S. Patel Compound, Near John Baker Bus Stop, Opp. Shah Industrial Estate, Saki - Vihar Road, Saki Naka, Andheri (East), Mumbai - 400 072.
Tel: 022 6199 5229 • Fax No.: 022 6199 5054 • Email: [email protected] • Website: www.thegalaxycorp.com
--U
MIBI
R
eso
luti
on
(1
) Re
solu
tion
requ
ired
: (O
rdin
ary
/ Sp
ecia
l)
Whe
ther
pro
mot
er/p
rom
oter
gro
up a
re in
tere
sted
in t
he a
gend
a/re
solu
tion
?
Cate
gory
Prom
oter
and
Mod
e of
vot
ing
E.Vo
ting
Poll
Prom
oter
Gro
up I P
osta
l Bal
lot (
if ap
plic
able
)
Tota
l
Publ
ic
Inst
itutio
ns
Publ
ic-N
on
Inst
itutio
ns
E-Vo
ting
Poll
Post
al B
allo
t (if
app
licab
lel
Tota
l
E-Vo
ting
Poll
Post
al B
allo
t (if
app
licab
le)
Tota
l To
tal
•th
is fie
lds
are
optio
nal
Desc
riptio
n of
res
olut
ion
cons
ider
ed
No.
of s
hare
s he
ld
(1)
I
1560
3886
1
1560
3886
1 o l
1177
8717
1
1177
8717
1
2738
2603
1
No. o
f vot
es
polle
d
(2) 15
6038
86 0 0
1560
3886
0 0 0 0
5309
405
1541
1 0
5324
816
2092
8702
Deta
ils
of
Invali
d V
ote
s
Cate
gory
N
o. o
f Vot
es
Prom
oter
and
Pro
mot
er G
roup
0
Publ
ic ln
situ
tions
0
Publ
ic -
Non
lnsit
utio
ns
887
Ord
inar
y
No
To r
ecei
ve, c
onsi
der a
nd a
dopt
the
audi
ted
finan
cial
stat
emen
ts o
f the
Com
pany
for t
he fi
nanc
ial
year
end
ed M
arch
31,
2018
, the
repo
rts
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he B
oard
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irect
ors
and
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tors
ther
eon.
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es p
olle
don
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ding
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ares
(3)=
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00
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00
100.
0000
0 0 0
0.00
00
45.0
763
0.13
08
0.00
00
45.2
071
76.4
307
No. o
f vot
es -
in
favo
ur
( 4) 1560
3886
0 0
1560
3886
0 0 0
5309
405
1541
1 0
5324
816
2092
8702
1
No.
of v
otes
-ag
ains
t
( 5)
Whe
ther
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olut
ion
is P
ass
or N
ot.
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es in
fa
vour
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s po
lled
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es a
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es p
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es o
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Add
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s
mu
m@w
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solu
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2)
Reso
lutio
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quire
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rdin
ary
/ Sp
ecia
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ther
pro
mot
er/p
rom
oter
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up a
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tere
sted
in th
e ag
enda
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olut
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gory
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ode
of v
otin
g
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otin
g
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oter
and
I Po
ll Pr
omot
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rou
. .
P Po
stal
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pplic
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l
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otin
g
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ic-
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itutio
ns
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al B
allo
t (if
app
licab
le)
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l
E-V
otin
g
Publ
ic-N
on
I Poll
Inst
itutio
ns
Post
al B
allo
t (if
app
licab
le)
Tota
l
Tota
l
•th
is fi
elds
are
opt
iona
l
Des
crip
tion
of r
esol
utio
n co
nsid
ered
No.
of s
hare
s he
ld
(1)
I1
56
03
88
6
I1
56
03
88
6
0
I0
117
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7
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17
78
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27
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No.
of v
otes
po
lled
(2) 15
60
38
86
0
0
15
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0
0
0
0
53
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40
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15
41
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20
92
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02
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tail
s o
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valid
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tes
Cate
gory
N
o. o
f Vot
es
Prom
oter
and
Pro
mot
er G
roup
0
Publ
ic ln
situ
tions
0
Publ
ic -
Non
lnsi
tutio
ns
88
7
Ord
inar
y
No
To a
ppoi
nt a
Dire
ctor
in p
lace
of
Mr.
Sun i
i Bi
yani
(D
IN: 0
00
06
58
3),
who
ret
ires
by r
otat
ion
and
bein
g el
igib
le o
ffer
s hi
mse
lf fo
r re
-app
oint
men
t.
% o
f Vot
es p
olle
d on
out
stan
ding
sh
ares
{3)=
[(2
)/{1
))*
10
0
10
0.0
00
0
0.0
00
0
0.0
00
0
10
0.0
00
0
0
0
0
0.0
00
0
45
.07
63
0.1
30
8
0.0
00
0
45
.20
71
76
.43
07
No.
of v
otes
-in
fa
vour
(4) 156
03
88
6 0
0
15
60
38
86
0
0
0
0
53
09
40
5
15
41
1 0
53
24
81
6
20
92
87
02
No.
of v
otes
-ag
ains
t
( 5)
0
0
0
0
0
0
0
0
0
0
0
0
0
Whe
ther
reso
lutio
n is
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s or
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.
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re o
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es o
n re
solu
tion
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--�
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f vot
es in
1%
of V
otes
aga
inst
fa
vour
on
vote
s on
vot
es p
olle
d po
lled
(6)=
[(4
)/{2
})*
10
0
(7)=
[(5
)/(2
))"
10
0
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0.0
00
0
0.0
00
0
0
0
0
0
10
0.0
000
0
.00
00
0.0
00
0
0.0
00
0
0.0
00
0
0.0
00
0
0.0
00
0
0.0
00
0
0.0
00
0
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00
0
10
0.0
00
0
0.0
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10
0.0
00
0
0.0
00
0
0
0
10
0.0
00
0
0.0
00
0
10
0.0
00
0
0.0
00
0
Yes
Add
Not
es
-IJ
@Mii
Reso
luti
on
{3
)
Reso
lutio
n re
quir
ed: (
Ord
inar
y/
Spec
ial)
Whe
ther
pro
mot
er/p
rom
oter
gro
up a
re in
tere
sted
in t
he a
gend
a/re
solu
tion?
Cate
go
ry
Mo
de o
f v
oti
ng
E-Vo
ting
Prom
oter
and
I Po
ll Pr
omot
er G
roup
Po
stal
Bal
lot
(if a
pplic
able
)
To
tal
E-V
oti
ng
Publ
ic-
IPoll
Inst
itutio
ns
Post
al B
allo
t (if
app
licab
le)
To
tal
E-Vo
ting
Publ
ic-N
on
I Poll
Inst
itutio
ns
Post
al B
allo
t (if
app
licab
le)
To
tal
To
tal
* th
is fi
elds
are
opt
iona
l
Desc
ript
ion
of r
esol
utio
n co
nsid
ered
No.
of s
hare
s he
ld
(1) 15
6038
86
1560
3886
0 0
1177
8717
1177
8717
2738
2603
No.
of
vote
s po
lled
{2) 15
6038
86 0 0
1560
3886
0 0 0 0
5309
405
1541
1 0
5324
816
2092
8702
Deta
ils
of
Inva
lid
Vo
tes
Cate
go
ry
No
. o
f V
ote
s
Prom
oter
and
Pro
mot
er G
roup
0
Publ
ic ln
situ
tions
0
Publ
ic·
Non
lnsi
tutio
ns
887
Spec
ial
No
To a
ppoi
nt a
Dir
ecto
r in
plac
e of
Mr.
Suni
l Biy
ani (
DIN
: 000
0658
3), w
ho re
tires
by
rota
tion
and
bein
g el
igib
le o
ffer
s hi
mse
lf fo
r re
-app
oint
men
t.
% o
f Vot
es p
olle
d on
out
stan
ding
sh
ares
(3)=
1(2
)/(1
)]*1
00
100.
0000
0.00
00
0.00
00
100.
0000
0 0 0
0.00
00
45.0
763
0.13
08
0.00
00
45.2
071
76.4
307
No.
of v
otes
-In
fa
vour
(4) 15
6038
86 0 0
1560
3886
0 0 0 0
5309
405
1541
1 0
5324
816
2092
8702
No.
of v
otes
-ag
ains
t
( 5)
0 0 0 0 0 0 0 0 0 0 0 0 0 W
heth
er
re.so
luti
on
is
Pass
or
No
t.
Disc
losu
re o
f not
es o
n re
solu
tion
% o
f vot
es in
1%
of V
otes
aga
inst
fa
vour
on
vote
s on
vot
es p
olle
d po
lled
(6)=
({4
}/(2
))*1
00
{7
)=((
5)/
(2)]
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00
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0000
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0000
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00
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00
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00
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00
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00
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00
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0000
0.
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100.
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0.
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0000
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s
Add
Not
es
AMIT SAMANI & Co. COMPANY SECRETARIES
COMBINED SCRUTINIZERS' REPORT
ON
REMOTE E-VOTING AND POLL
CONDUCTED AT THE 36th
ANNUAL GENERAL MEETING OF
GALAXY ENTERTAINMENT CORPORATION LIMITED
HELD ON 19TH
SEPTEMBER1 2018
111 <.I I II\ 1 ilml.1\,• \ltd 11l11Jdd PI,
• 22 .'-l>h l 2J .4 � • L 1:
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AMIT SAMANI & Co. COMPANY SECRETARIES
Report of the Scrutinizers
[Pursuant to Section 108 of the Companies Act, 2013 and Companies (Management and Administration) Rules 2014 as amended]
To, The Chairman, Of 36t Annual General Meeting of the Equity Shareholders of Galaxy Entertainment Corporation Limited held on Wednesday, 19th day of September 2018 at 11.00 a.m. at Sunville Banquets 9, Dr. Annie Besant Road, Worli, Mumbai - 400018.
Dear Sir,
I, Amit Samani of M/s. Amit Samani & Co., Company Secretaries, Mumbai appointed as Scrutinizer for the purpose of scrutin121ng both remote electronic voting process under the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 &21 of the Companies (Management and Administration) Amendment Rules, 2015 and in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and voting by use of ballot at the venue of the Annual General Meeting on the resolutions contained in the Notice calling the 361 Annual General Meeting of the Galaxy Entertainment Corporation Limited (CIN· l51900MH1981PLC024988 ) nhe Company") held on Wednesday, 19th day of September 2018 at 11.00 a.m. at Sunville Banquets 9, Or. Annie Besant Road, Worli, Mumbai - 400018, submit my report as under:
a) The Compliance with the provisions of the Companies Act, 2013 and the Rulesmade thereunder relating to remote E-Voting and voting by using ballots bythe shareholders on the resolutions proposed m the Notice calling the 361
Annual General Meeting of the Company is the responsibility of themanagement. Our respons'billty as scrutinizer is to ensure that the votingprocess is conducted in a fair and transparent manner, and render aconsolidated scruttn11or, , epor t on tho vo�ing to the cholrman on the
resolutions based on the reports generated from the electronic voting systemby the Nationa �curit1es Oepos1tory Limited (NSDL) and the reports generatedelectronically by Registrar and Transfer Agents, M/s. TSR Oarashaw Limited forvoting by use of ballots at the meeting,
b) The remote e-voting concluded on September 18, 2018 at 5.00 p.m.
c) At the 36t Annual General Meeting of the Company held on 19• September.2018, the Chairman at the end of the discussions on the resolution(s)announced the voting by use of ballots to facilitate the members present in
l'\l Gllllmh)Am Lnda\t: NcJ l.al1 p.iJd l
l +'11 n 28(11-, ll 24 _ •
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AMIT SAMANI & Co. COMPANY SECRETARIES
the meeting who could not participate in the remote e-voting to record their votes.
d) I have issued scrutinizer's report separately on the remote e-voting and voongby use of ballots at the meeting and I hereby submit a consolidatedscrutinizer's report pursuant to rule 20 (4) (xii) on the resolutions contained inthe Notice of the 36u, Annual General Meeting.
e) The consolidated result of the voting 1s as under:
A. RESOLUTION NO.1- ORDINARY RESOLUTION
To receive, consider and adopt:
a) the Audited Financial Statements of the Company for the financial year
ended March 31,2018 together with the reports of the Board of Directors
and Auditors thereon; and
(i) Voted in favour of the resolution·
Particulars otj Number of f Nu-;;,ber of votes % of total number, Voting _ members voted cast by them --1-of valid votE:S cast_ ,Remote e Voting r-
1
55 20913291 100
ing by Poll at 45 -i. 15411 100
AGM venue I TOTAL ---+-1-- 100 20928702 100
(ii) Voted against the resolution:
Particulars Voting
of Number of members voted
-+
Number of votes % of total number cast by them I of valid votes cast
Remote e-Voting Nil Nil
Voting by Poll at the-t-----N-1-,-t-- -----
N-11
'""1----�
� AGM venue
TOTAL Nil Nil
111 <.,,;h,m�,,am E.nuil'H' Ne r Lil11f Ja Poltl'C �.it,� n, Lml fuad K mdl\.ili (\\ t) Mu111b II IO 06-1 -t91 22 '.Uioh JJ:!, 24 • l c SC l-tndl l l 1 • \\cb WW'\\ � lO ndlil 11 m
I
AMIT SAMANI & Co. COMPANY SECRET RIES
(iii) Invalid votes:
Particulars of Voting Total whose
k ...1invalidRemote e-Voting
Voting by Poll at the AGM venue
1 TOTAL
number of members votes were declared
Nil
14
14
Total number of votes cast by them
Nil
887
887
B.RESOLUTION NO.2: ORDINARY RESOLUTION
To appoint a director in place of Mr. Sunil Biyani (DIN: 07232913), who retires by rotation In terms of Section 152 (6) of the Companies Act, 2013, and being eligfble, offers himself for re-appointment.
I II (,
(i) Voted in favour of the resolution:
.
- �
Particulars of Number of Number of votes % of total number Voting members voted cast_!>y them of valtd votes cast Remote e-Voting I 5S 20913291 100
t Voting by Poll at 45 15411 100
the AGM venue TOTAL 100 20928702 100
(ii) Voted against the resolution:
Particulars V_Eting
r of Number of Number of votes % of total number
Remote e-Voting
Voting by Poll at the AGM venue
TOTAL
+'II '�lbllH IP 24
members voted cas� by them of valid votes cast Nil Nil
Nil
Nil N.A
• I I . "
AMIT SAMANI & CO . COMPANY SECRETARIES
(iii) Invalid votes:
Particulars of Voting Total number of members Total number of votes whose votes were declared cast by them invalid
Remote e-Voting _ _::,._-;. _______ ..;__
Voting by Poll at the l
I-_AGM venue
l . TOTAL
Nil 14
141
Nil 887
887
C.RESOLUTION NO.3: SPECIAL RESOLUTION
To consider re-appointment of Mr. Sharad Rustagi (DIN: 07232913) as an Independent Director of the Company
(i)
(ii)
(iii)
Voted in favour of the resolution: Particulars of Number oilNumber of votes I !ro of total number l Voting members voted ! cast by them of valid votes cast Remote e-Voting 55 20913291 100
...
100 fVoting by Poll at 45 15411 j the AGM venue
TOTAL 100 ..
20928702 +
100
Voted against the resolution:
Particulars of Number of Nu�ber of votes I % of total number Voting_ __m_embers voted cas� by the!!!_ ___,.. of valid votes castRemote e-Voting Nil Nil
7Voting by Poll at the AGM venue
- --
'--- TOT AL �-...___
Invalid votes:
Nil I
Nil.J..j_..._ ___ N_i-"I N.A
Particulars of Voting Total number of members Total number of votes whose votes were declared cast by them invalid
Remote e-Voting NII I
NII Voting by Poll at the 887 14
AGM venue L__ TOTAL 14 887
IJl C.,h,msh\dJll Lndn,e :'1-:�ar l..al11p.,d11 I ohc\! �.iuvn, LmJ.. l d Knnctl\,:111 (\f\1. ... t) Mumb 14 06-
+9 22 .,8bSUr>'l 24 indt im•\\ b,n,\\.l o nd1 om
t
AMIT SAMANI & Co. COMPANY SECRETARIES
Based on the foregoing, the Resolution No.(s) 1 to 3 shall be deemed to have been passed with the requisite majority.
All the relevant records of Voting is under my safe custody until the Chairman considers, approves and signs the Minutes of the 36tt" Annual General Meeting and
the same shall be handed over thereafter to the Chairman or the Company Secretary for safe keeping.
Thanking you, Sincerely,
Amit Samani LTD
F.C.S No.7397,Certificate of Practice No. 7966Practising Company Secretary
Place. Mumba,
Date : 20th September, 2018
l'llO Gh 1nsh\dm Lri llt\c Near Lal1 pad I' hl
t'1l 22 2M8 n-•, 24 ., • I c
I �