Download the Annual Report 2012-13. - kiocl limited

Thakral holds office till the date of ensuing Annual GeneralMeeting by virtue of section 260 of the Companies Act, 1956read with Article 114(xxxii) of the Articles of Association of theCompany and is eligible for re-appointment.In terms of Section 257 of the Companies Act, 1956, theCompany has received a notice in writing from a Memberalong with a deposit of ` 500/-, proposing candidature of ShriVinod Kumar Thakral for the office of Director of the Company.A brief profile of Shri Vinod Kumar Thakral is annexed heretoin accordance to clause 49 of the Listing Agreement of theStock Exchanges.None of the Directors of the Company, except Shri VinodKumar Thakral in any way, concerned or interested in theresolution.The Board of Directors commends the resolution for approvalof the shareholders.Item No. 9Shri S. Manoharan, aged 63 years, IAS-75(Retd.), Assam-Meghalaya cadre and had served for about 35 years asCivil Servant. As per the Direction of Govt. of India, Shri S.Manoharan was appointed as an Additional Director of theCompany w.e.f. 05.07.2013. Having been so appointed, ShriS. Manoharan holds office till the date of ensuing AnnualGeneral Meeting by virtue of section 260 of the Companies Act,1956 read with Article 114(xxxii) of the Articles of Associationof the Company and is eligible for re-appointment.In terms of Section 257 of the Companies Act, 1956, theCompany has received a notice in writing from a Memberalong with a deposit of ` 500/-, proposing candidature of ShriS. Manoharan for the office of Director of the Company. A briefprofile of Shri S. Manoharan is annexed hereto in accordanceto clause 49 of the Listing Agreement of the Stock Exchanges.None of the Directors of the Company, except Shri S.Manoharan in any way, concerned or interested in theresolution.The Board of Directors commends the resolution for approvalof the shareholders.Item No. 10Shri PK Bajaj, aged 61 years, is Ex-Managing Director & CEO,SAIL Durgapur Steel Plant, SAIL. As per the Direction of Govt.of India, Shri PK Bajaj was appointed as an Additional Directorof the Company w.e.f. 05.07.2013. Having been so appointed,Shri PK Bajaj holds office till the date of ensuing Annual GeneralMeeting by virtue of section 260 of the Companies Act, 1956read with Article 114(xxxii) of the Articles of Association of theCompany and is eligible for re-appointment.In terms of Section 257 of the Companies Act, 1956, theCompany has received a notice in writing from a Memberalong with a deposit of ` 500/-, proposing candidature of ShriPK Bajaj for the office of Director of the Company. A briefprofile of Shri PK Bajaj is annexed hereto in accordance toclause 49 of the Listing Agreement of the Stock Exchanges.None of the Directors of the Company, except Shri PK Bajaj inany way, concerned or interested in the resolution.The Board of Directors commends the resolution for approvalof the shareholders.Item No. 11Dr. S. Raghunath, aged 56 years, is Dean (Admin) andProfessor of Corporate Strategy and Policy at IIM Bangalore.As per the Direction of Govt. of India, Dr. S. Raghunath wasappointed as an Additional Director of the Company w.e.f.05.07.2013. Having been so appointed, Shri S. Raghunathholds office till the date of ensuing Annual General Meetingby virtue of section 260 of the Companies Act, 1956 readwith Article 114(xxxii) of the Articles of Association of theCompany and is eligible for re-appointment.In terms of Section 257 of the Companies Act, 1956, theCompany has received a notice in writing from a Memberalong with a deposit of ` 500/-, proposing candidature of ShriS. Raghunath for the office of Director of the Company. A briefprofile of Dr. S. Raghunath is annexed hereto in accordance toclause 49 of the Listing Agreement of the Stock Exchanges.None of the Directors of the Company, except Dr. S. Raghunathin any way, concerned or interested in the resolution.The Board of Directors commends the resolution for approvalof the shareholders.Item No. 12Your Company has been proactively examining the possibilitiesof diversifying into new business areas having good potentialby utilizing the strengths which it has gained over a period oftime. Project Management Consultancy (PMC) is one suchactivity which has rich prospects. Considering the above and inorder to gainfully utilize the existing manpower, it is proposedto diversify activities of the Company in the field of “Project37th Annual Report 2012 - 1315 KIOCL