2003-2004 - Cgglobal.com

5. Shareholders/Investors Grievance Committee
The Committee comprises Mr KK Nohria (Chairman) and Mr SM Trehan, Managing
Director. Mr W Henriques, Company Secretary, has been designated by the Board
as the Compliance Officer. The Committee reviews the redressal of shareholders’
and investors’ complaints related to transfers and transmission of shares, nonreceipt
of annual reports, dividends and other share related matters, the
periodicity and effectiveness of the share transfer process, statutory certifications,
depository related issues and activities of the Registrar and Transfer Agent. In
addition to review by this Committee, the Company continues its existing practice
of reporting to the Directors at each Board Meeting, the number and category of
shareholder complaints received and the status of their resolution.
The Company has received six shareholders’ complaints during the financial year,
which were satisfactorily resolved; there are no outstanding complaints or shares
pending transfer as on 31st March, 2004.
6. General Body Meetings
The details of the last three Annual General Meetings are as under:
Financial Year Location Date Time
2000-2001 Patkar Hall, Mumbai 400 020 24th July, 2001 4.00 p.m.
2001-2002 Patkar Hall, Mumbai 400 020 28th August, 2002 3.30 p.m.
2002-2003 Patkar Hall, Mumbai 400 020 22nd July, 2003 3.30 p.m.
Special Resolutions transacted at the last three Annual General Meetings held on:
24th July, 2001
Location of the Register and Index of Members and Debenture Holders and
the other documents mentioned in Section 163 of the Companies Act, 1956,
being shifted from the Company’s Registered Office to any office of a Share
Transfer Agent registered with Securities and Exchange Board of India, within
Mumbai, if appointed.
28th August, 2002
• Re-appointment of Mr SM Trehan as Managing Director for a period of
three years from 3rd May, 2002 to 2nd May, 2005, as per terms and
conditions set out in the Explanatory Statement annexed to the
Resolution.
• Location of the Register and Index of Members and Debenture Holders and
other documents mentioned in Section 163 of the Companies Act, 1956,
at the Company’s Administrative Office situated at Kanjur Marg (East),
Mumbai 400 042, instead of at its Registered Office.
22nd July, 2003
• Amendment of the Company’s Articles of Association to permit utilisation
of Securities Premium Account for any application as permitted by Law
and approval to the Company for implementation of a Scheme of Capital
Reduction by utilising the Securities Premium Account for adjustment of
Miscellaneous Expenditure to the extent not written off or adjusted,
Deferred Tax Asset, and Debit balance in the Profit & Loss Account as at
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