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Transpek Industry Ltd.

BSE: 506687 Sector: Industrials
NSE: TRANSPEK ISIN Code: INE687A01016
BSE 16:01 | 27 Mar 2018 Transpek Industry Ltd
NSE 05:30 | 01 Jan 1970 Transpek Industry Ltd
OPEN 1239.00
PREVIOUS CLOSE 1237.35
VOLUME 933
52-Week high 1493.00
52-Week low 523.15
P/E 27.31
Mkt Cap.(Rs cr) 694
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1239.00
CLOSE 1237.35
VOLUME 933
52-Week high 1493.00
52-Week low 523.15
P/E 27.31
Mkt Cap.(Rs cr) 694
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Transpek Industry Ltd. (TRANSPEK) - Chairman Speech

Company chairman speech

NOTICE IS HEREBY GIVEN THAT the FORTY NINTH ANNUAL GENERAL MEETING of the Members ofTRANSPEK INDUSTRY LIMITED will be held on Monday the 21st day of September 2015 at 03.00p.m. at Hotel Surya Palace Opp: Parsi Agiyari Sayajigunj Vadodara 390020 to transactthe following business:

ORDINARY BUSINESS:

1. To receive consider and adopt the Audited Financial Statements of the Company forthe year ended 31st March 2015 and the Reports of the Board of Directors and Auditorsthereon.

2. To declare a dividend on the equity shares of the Company.

3. To appoint a Director in place of Shri Bimal V Mehta Executive Director whoretires by rotation and being eligible offers himself for re-appointment.

4. To re-appoint the Auditors and to fix their remuneration and in this regard to passwith or without modification(s) the following resolution as an Ordinary Resolution:

• RESOLVED THAT pursuant to the provisions of Sections 139 142 and all otherapplicable provisions if any of the Companies Act 2013 and the rules made thereunderand pursuant to the recommendations of the Audit Committee of Directors and the Board ofDirectors M/s. CNK & Associates LLP Chartered Accountants (Firm RegistrationNo.101961W) be and they are hereby re-appointed as the Auditors of the Company for aperiod of five years to hold office from the conclusion of this Annual General Meetinguntil the conclusion of the Fifty Fourth Annual General Meeting subject to ratificationof such appointment at every Annual General Meeting by members of the Company on aremuneration to be fixed for each financial year by the Board of Directors of theCompany.”

SPECIAL BUSINESS:

5. To adopt new Articles of Association of the Company containing regulations inconformity with the Companies Act 2013 and in this regard to consider and if thoughtfit to pass with or without modification(s) the following resolution as a SpecialResolution:

• RESOLVED THAT pursuant to the provisions of Section 14 and all otherapplicable provisions of the Companies Act 2013 read with Companies (Incorporation)Rules 2014 (including any statutory modification(s) or re-enactment thereof for the timebeing in force) the draft regulations contained in the Articles of Association submittedto this meeting be and are hereby approved and adopted in substitution and to the entireexclusion of the regulations contained in the existing Articles of Association of theCompany.”

• RESOLVED FURTHER THAT the Board of Directors of the Company be and is herebyauthorised to do all acts and take all such steps as may be necessary proper or expedientto give effect to this resolution.”

6. To ratify the remuneration of the Cost Auditors for the financial year ending 31stMarch 2016 and in this regard to consider and if thought fit to pass with or withoutmodification(s) the following resolution as an Ordinary Resolution:

• RESOLVED THAT pursuant to the provisions of Section 148 and all otherapplicable provisions of the Companies Act 2013 and the Companies (Audit and Auditors)Rules 2014 (including any statutory modification(s) or re-enactment thereof for the timebeing in force) the remuneration of Rs.120000 (Rupees one lakh twenty thousand only)plus service tax if any fixed by the Board of Directors of the Company in respect ofM/s. Y. S. Thakar & Co. Cost Accountants Firm Registration No. 000318 the CostAuditor of the Company be and is hereby ratified.”

• RESOLVED FURTHER THAT the Board of Directors of the Company be and is herebyauthorised to do all acts and take all such steps as may be necessary proper or expedientto give effect to this Resolution.”

7. To consider and approve related party transaction under Clause 49 (VII) of theListing Agreement and in this regard to consider and if thought fit to pass with orwithout modification(s) the following resolution as a Special Resolution:

• RESOLVED THAT consent of the members of the Company be and is herebyaccorded to the Board of Directors of the Company pursuant to the provisions of Clause 49(VII) of the Listing Agreement and other applicable provisions if any to enter into anagreement with M/s. Anshul Life Sciences a partnership firm to reappoint that firm as anagent of the Company for the period from 01.10.2015 to 30.09.2018 on such terms andconditions and percentage of commission which shall be at par with the other agents ofthe Company and the transactions with M/s. Anshul Life Sciences taken together in afinancial year may exceed ten percent of the annual consolidated turnover of the Companyprovided that such transactions shall at all times be carried out in the ordinary courseof business and on arm’s length basis.”

• RESOLVED FURTHER THAT the Board of Directors of the Company be and is herebyauthorised to finalise and execute all necessary agreements documents and papers as maybe required or necessary from time to time and to do and perform all such acts deeds andthings as may be necessary or desirable in this regard.”

Regd. Office: By Order of the Board of Directors
6th Floor Marble Arch For Transpek Industry Limited
Race Course
Vadodara 390007 Bimal V. Mehta
Dated: 27th July 2015 Executive Director