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AGRI-TECH (INDIA) LIMITED
MANAGEMENT DISCUSSION & ANALYSIS REPORT
CORPORATE GOVERNACE REPORT
PROFIT & LOSS ACCOUNT
NOTES TO ACCOUNT
CASH FLOW STATEMENT
COMPANY INFORMATION BOARD OF DIRECTORS Satish Kagliwal Akash Kagliwal Shrirang Agrawal Kashinath Iyer CHIEF FINANCIAL OFFICER Devinder Khurana STATUTORY AUDITORS Gutam N Associates Chartered Accountants 2nd Floor, Shangrilla Complex, C.B.S. Road, Aurangabad-431005 REGISTERED OFFICE Nath House, Nath Road, Aurangabad-431005 PLANT LOCATION Agri-Tech (India) Limited, Issarwadi, Taluqa Paithan, District Aurangabad Tel +91-240-2376314 Fax +91-240-2376188 ADMINISTRATIVE OFFICE 1, Chateau Windsor, 86, Veer Nariman Road, Churchgate, Mumbai-400020 REGISTRAR & TRANSFER AGENTS Big Share Services Private Limited, E2/3, Ansa Industrial Estate, Sak Vihar Road, Saki Naka, Andheri (East), Mumbai-72 Tel +91-22-2847 0652, +91-22-4043 0200
Notice is hereby given that the ANNUAL GENERAL MEETING of Agri-Tech (India) Limited will be held at the Registered Office of the company at Nath House, Nath Road, Aurangabad on Saturday the 5th July 2014 at 1.00 p.m., to transact the following business: ORDINARY BUSINESS
1. To receive, consider and adopt Audited Balance Sheet of the Company as at March 31, 2014 and Statement of Profit & Loss for the year ended as on that date together with the Reports of Directors and Auditors thereon.
2. To consider and if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution; RESOLVED THAT pursuant to the provisions of section 139 of the Companies Act, 2013, M/s Gautam N Associates, Chartered Accountants, Aurangabad (Firm Registration No 103117W) the retiring Auditors, be and are hereby appointed as Statutory Auditors of the Company for a period of three years commencing from the conclusion of this Annual General Meeting to the conclusion of the fourth Annual General Meeting, on such remuneration as may be determined by the Board of Directors of the Company.
3. To appoint Mr. Shrirang Agrawal as Director of the Company, who retires by Rotation and being eligible, offers himself for re-appointment.
4. TO CONSIDER & IF THOUGHT FIT TO PASS WITH OR WITHOUT SMODIFICATION
THE FOLLOWING RESOLUTION AS SPECIAL RESOLUTION RESOLVED THAT pursuant to the provisions of Section 196 & 203 of the Companies Act 2013 (including any amendment, modification, variation or re-enactment thereof), (Section 198, 269, 309 Schedule XIII to the Companies Act, 1956) and subject to approval of the Central Government, if any, the approval of the Company be and is hereby accorded to the re-appointment of Mr. Akash Kagliwal as the Managing Director of the Company for a period of five years effective from 5th July 2014 to 5th July 2019 without any remuneration. RESOLVED FURTHER THAT Mr. Satish Kagliwal, Director of the Company be and is hereby authorized to do all such acts things and deeds as may be necessary to give effect to the above resolution.
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FOR AND ON BEHALF OF THE BOARD OF DIRECTORS Date: 30th May 2014 Registered Office: Nath House, Nath Road, Whole Time Director Aurangabad. Akash Kagliwal
DIN: 01691724 ================================================================================== NOTES: 1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND THE PROXY NEED NOT BE A MEMBER OF THE COMPANY. 2. The Proxy Forms duly completed must reach the Registered Office of the company not less than forty Eight Hours before the commencement of the meeting. 3. Pursuant to Section 91 of the Companies Act, 2013, (corresponding to Section 154 of the Companies Act, 1956), The Register of Members and Share Transfer Books of the Company will be closed from 1st July 2014 to 5th July 2014 both days inclusive. 4. The relative Explanatory Statements pursuant to Section 102 of the Companies Act, 2013, (corresponding to Section 173 of the Companies Act, 1956), in respect of the business under Item Nos. 3 & 4 as set out above are annexed hereto. 6. The Notice of the Annual General Meeting and the Annual Report for 2014 will also be available, on the Companys website www.agri-tech.in for download by the members. The physical copies of the aforesaid documents will also be available at the Companys Registered Office for inspection during business hours. ==================================================================================
ITEM NO 3 DETAILS OF DIRECTORS RETIRING BY ROTATION AND SEEKING RE-APPOINTMENT NAME OF DIRECTOR Mr. Shrirang Agrawal Date of Birth 16.02.1947 Date of Appointment 30.01.2008 Qualification Graduate Experience in special functional area Industrialist with rich business experience Chairman/ Director of other companies 1. Global Transgenes Limited
2. Tapovan Paper & Board Mills Limited
3. Raasi Synthetics And Chemicals Limited 4. Agri-Tech (India) Limited 5. Nath Biotechnologies Limited 6. Nath Pulp & Paper Mills Limited 7. Barkha Farms Private Limited 8. Wexford Trading Private Limited
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9. Wellspring Enterprises Private Limited 10. Tapovan Farms Private Limited
Chairman/ Member of Committees of other Companies
Agri-Tech (India) Limited - Audit Committee - Investor Grievance Committee
Nath Pulp & Paper Mills Limited - Audit Committee & Chairman - Investor Grievance Committee &
Chairman No of shares held in the Company NIL
ITEM NO 4 Pursuant to the provisions of Section 196 & 203 of the Companies Act 2013, it is necessary to re-appoint Mr. Akash Kagliwal as Managing Director of the Company whose term of office expires on 1st October 2014. It is necessary to re-appoint him pursuant to the provisions of section 196 & 203 of the Companies Act 2013. NAME OF DIRECTOR Mr. Akash Kagliwal Date of Birth 10.06.1979 Qualification Masters in Business Administration Experience in special functional area Industrialist with rich business experience Chairman/ Director of other companies Nath Industrial Chemical Limited
Nath Pulp & Paper Mills Limited Nath Bio-Technologies Limited Nath Royal Limited Ferry Fax Farms Private Limited Global Transgenes Limited Barkha Farms Private Limited Paresh Farms Private Limited Prabha Farms Private Limited Ashu Farms Private Limited Akash Farms Private Limited Nath Nirman Infra Private Limited Nath Royal Seeds Limited Tapovan Paper And Board Mills Limited Emerald Seeds Private Limited N Kagliwal Education & Research Foundation Tapovan International Trading Private Limited Jeevan Farms Private Limited
Managing Director Nath Pulp & Paper Mills Limited Mr. Satish Kagliwal & Mr. Akash Kagliwal are interested in the above resolution. The Board of Directors commends the above resolutions for your approval.
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EVOTING INSTRUCTIONS The instructions for members for voting electronically are as under:- IN CASE OF MEMBERS RECEIVING E-MAIL:
(i) Log on to the e-voting website www.evotingindia.com. (ii) Click on Shareholders tab to cast your votes.
(iii) Now, select COMPANY NAME from the drop down menu and click on SUBMIT
(iv) If you are holding shares in Demat form and have already voted earlier on
www.evotingindia.com for a voting of any Company, then your existing login id and password are to be used. If you are a first time user follow the steps given below.
(v) Now, fill up the following details in the appropriate boxes:
For Members holding shares
in Demat Form For Members holding shares in Physical Form
User ID For NSDL: 8 Character DP ID followed by 8 Digits Client ID For CDSL: 16 digits beneficiary ID
Folio Number registered with the Company
PAN* Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department when prompted by the system while e-voting (applicable for both demat shareholders as well as physical shareholders)
DOB# Enter the Date of Birth as recorded in your demat account or in the company records for the said demat account or folio in dd/mm/yyyy format.
Dividend Bank Details#
Enter the Dividend Bank Details as recorded in your demat account or in the company records for the said demat account or folio.
*Members who have not updated their PAN with the Company/Depository Participant are requested to use the default number: in the PAN field. # Please enter any one of the details in order to login. Incase either of the details are not recorded with the depository please enter the value in the DOB column or the in the Dividend Bank details field. (vi) After entering these details appropriately, click on SUBMIT tab. (vii) Members holding shares in physical form will then reach directly the EVSN selection
screen. However, members holding shares in demat form will now reach Password Creation menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for resolutions of any other company on which they are eligible to vote, provided that company opts for e-voting through CDSL platform. It is strongly
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recommended not to share your password with any other person and take utmost care t