KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India

Delhi having a turnover of Rs. 300 Crores. He is also associated with M.D. Rice mills Private Limited, Ruderpur and
M/s Nav Bharat Trading Company..
Mr. Rajiv Goel
Mr. Rajiv Goel is an Independent Director in the company since 30.9.2005. He has over 12 years experience of
Trading of Steel Products. He is also a director in Bhai Building Com (P) Ltd.
Details of Borrowing Powers
Vide a resolution passed at the Annual General Meeting of the Company held on 28th September 2002, consent of
the members of the Company was accorded to the Board of Directors of the Company pursuant to Section 293(1)(d)
of the Companies Act, 1956 for borrowing from time to time any sum or sums of money which together with the
money already borrowed by the Company (apart from temporary loans obtained from the Company’s bankers in the
ordinary course of business), shall not exceed in the aggregate at any one time Rs. 450.00 Lacs (Rupees Four
Hundred and Fifty Lacs only) over and above the aggregate paid up capital of the company and its free reserves.
The Board was also authorized to do all such acts, deeds and things as may be required for the purpose of giving
effect to the above resolution.
Term & Remuneration of Managing Director and other Whole Time Directors
A. MR. SATISH KUMAR AGARWAL
Designation Chairman & Managing Director
Period 5 Years
Salary 50000/-
Date of appointment 01-10-2001
Date of Shareholders Approval 29-09-2001
Sh. Satish Kumar Agarwal will be entitled to the following perks in addition to salary as above mentioned.
a) Company’s contribution towards Provident Fund wherever applicable as per the rules of the company, subject to
a ceiling of 12 % of salary as laid down in the Income Tax Rules, 1961.
b) Fees of club subject to maximum of two clubs. This will not include admission and life membership fees
c) Provision of car and telephone at residence for the company’s business will not be treated as a perquisite
d) Expenses incurred on medical for the appointee and the family is reimbursement subject to ceiling of Rs. 15,000/- per
annum.
e) Leave Travel Concession for the appointee and the family once in a year incurred in accordance with the rules
as prescribed by the Board of Directors of the company.
f) Expenditure by the company on hiring unfurnished accommodation for use of Managing Director.
Note: The above salary and perks are as per terms revised and approved by the shareholders in the AGM held on
29th September, 2004
B. MR. PRADEEP KUMAR AGARWAL
Designation Whole Time Director
Period 5 Years
Salary 50000/-
Date of appointment 01-10-2001
Date of Shareholders Approval 29-09-2001
Sh. Pradeep Kumar Agarwal will be entitled to the following perks in addition to salary as above mentioned
a) Company’s contribution towards Provident Fund wherever applicable as per the rules of the company, subject to
a ceiling of 12 % of salary as laid down in the Income Tax Rules, 1961.
b) Fees of club subject to maximum of two clubs. This will not include admission and life membership fees.
c) Provision of car and telephone at residence for the company’s business will not be treated as a perquisite.
d) Expenses incurred on medical for the appointee and the family is reimbursement subject to ceiling of Rs. 15,000/
- per annum.
e) Leave Travel Concession for the appointee and the family once in a year incurred in accordance with the rules
as prescribed by the Board of Directors of the company.
Note: The above salary and perks are as per terms revised and approved by the shareholders in the AGM held on
29th September, 2004
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