Annual Report FY 2011-12 - PI Industries

NOTICE
Notice is hereby given that Annual General Meeting of PI Industries Limited will be held on Friday September 14 , 2012 at
11.30 A.M. at Udaisagar Road, Udaipur - 313 001 Rajasthan to transact the following business:
ORDINARY BUSINESS:
1. To receive, consider and adopt the Audited Statment of Profit and Loss Account for the year ended March 31, 2012 and the
Balance Sheet as at that date, together with the Reports, of the Board of Directors and the Auditors thereon.
2. To confirm Interim dividend and declare final dividend on Equity Shares for the year ended March 31,2012.
3. To declare pro-rata dividend on Non- Cumulative Compulsorily Convertible Preference shares (CCPS) for the year ended
March 31,2012.
4. To appoint a Director in place of Shri Raj Kaul, who retires by rotation and being eligible, offers himself for re-appointment.
5. To appoint a Director in place of Shri Rahul Raisurana, who retires by rotation and being eligible, offers himself for
re-appointment.
6. To appoint M/s S.S. Kothari & Co, Chartered Accountants as Statutory Auditors to hold office till the conclusion of next
Annual General Meeting and to authorise Board of Directors to fix their remuneration.
NOTES
1. M/s B.D. Gargeiya & Co., Chartered Accountants hold their office till the conclusion of Annual General Meeting to be held
on September 14, 2012. The Company has received letter from them wherein they have expressed their inability for
reappointment and accordingly the Board of Directors on the basis of recommendation received from Audit Committee
recommends the appointment of M/s S.S. Kothari Mehta & Co., Chartered Accountants as Auditors of the Company to hold
office till the conclusion of next Annual General Meeting.
2. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT A PROXY TO ATTEND AND
VOTE INSTEAD OF HIMSELF AND SUCH PROXY NEED NOT BE A MEMBER. PROXIES IN ORDER TO BE EFFECTIVE
SHOULD BE DULY STAMPED, COMPLETED AND SIGNED AND MUST REACH TO THE COMPANY AT UDAISAGAR ROAD,
UDAIPUR – 313 001 RAJASTHAN NOT LESS THAN FOURTY EIGHT HOURS BEFORE THE MEETING.
3. Corporate Members intending to send their authorized representatives to attend the Meeting are requested to send a
certified copy of the Board Resolution authorizing their representative to attend and vote on their behalf at the Meeting.
4. The Register of Members and the Share Transfer Books of the company shall remain closed from September 07, 2012 to
September 14, 2012 (both days inclusive).
5. Interim Dividend at the rate of Rs. 2.00 per share (40%) on equity share capital of the Company was paid to members
whose names appeared on the Register of Members as on the Record date i.e 18th November 2011.
6. Final Dividend on equity shares, as recommended by the Board of Directors, if declared at the Annual General Meeting
will be paid on or before October 13, 2012 to the Members whose names appear on the Company’s Register of Members on
September 14, 2012. As regards shares held in electronic form, the dividend will be payable to the ‘beneficial owners’ of
the shares whose names appear in the Statement of Beneficial Ownership furnished by the National Securities Depository
Limited and the Central Depository Services (India) Ltd as at the close of the business hours on September 06, 2012
7. Members holding shares in physical form are requested to advise any change of address immediately to the Company’s
Registrars and Transfer Agent, M/s Karvy Computershare Private Limited (Unit: PI Industries Ltd.) at 17 to 24, Vithalrao
Nagar, Madhapur, Hyderabad - 500 081. Members holding shares in electronic form must send the advice about change
in address to their respective Depository Participant only and not to the Company or the Company’s Registrar and Share
Transfer Agent.
Annual Report 2011-12 35