CHAIRMAN
NOTICE OF THE MEETING
Notice is hereby given that the Twenty Fifth Annual General Meeting of the Company will
be held on Friday the 27th September 2013 at 12.00 Noon at The Residency, 1076, Avinashi
Road, Coimbatore-641018.
A. ORDINARY BUSINESS
1. To receive, consider and adopt the Audited Balance Sheet of the Company as at 31st
March 2013 and Statement of Profit and Loss for the year ended on that date and reports of
the Directors and Auditors thereon.
2. To declare a Dividend.
3. To appoint a Director in place of Mrs. Bhavya Chandran who retires by rotation and
being eligible offers herself for re-appointment.
4. To appoint Auditors to hold office from the conclusion of this Annual General
Meeting and to fix their remuneration.
B. SPECIAL BUSINESS
5. To consider and if thought fit, to pass with or without modification, the following
Resolution as an Ordinary Resolution.
Resolved that pursuant to section 309 (3) and all other applicable provisions read with
Schedule XIII of the Companies Act, 1956 and subject to such approvals as may be
necessary, consent be and is hereby accorded for variation of annual payment of
remuneration to Sri. P.V. Chandran, Chairman and Managing Director of the Company at Rs.
2,00,000/- per month plus commission at the rate of 2% of the net profit of the company.
Further Resolved that the above annual remuneration is not subject to any ceiling and
that the variation be effective from 01.04.2013 and accordingly applicable in respect of
computation of his remuneration from the financial year 2013-14 onwards.
Further Resolved that Sri P.V. Chandran be entitled to sitting fees for the meetings of
the Board of Directors or the Committee thereof attended by him and he will not be
entitled to any perquisites as before.
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BY ORDER OF THE BOARD |
|
Sd/- |
| Place: Coimbatore |
(P. V. CHANDRAN) |
| Date : 07.08.2013 |
Chairman and Managing Director |