AGM NOTICE - 2016

NOTICE FOR 19TH ANNUAL GENERAL MEETING

Date: 30.09.2016

Dear Members/Directors/Auditor,

You are cordially invited to attend the 19thAnnual General Meeting of the members of Adishwar India Limited to be held on Fridaythe 30thSeptember, 2016 at   10.00 a.m. at the Registered Office of the Company at NO. 146, 11th C Cross, 1st Main, 11 Stage, West of Chord Road, Bangalore-560086.

The Notice of the meeting, containing the business to be transacted, is enclosed herewith. 

Thanking You,

For and on behalf of the Board

ADISHWAR INDIA LIMITED

GEETHA MANI.J

COMPANY SECRETARY

Place: Bangalore

Date: 16.09.2016

AGM NOTICE

NOTICE is hereby given that the Nineteenth Annual General Meeting of the Members of ADISHWARINDIA LIMITED will be held on Friday of 30th September, 2016 at   10.00 a.m. at the Registered Office of the Company at NO. 146, 11th C Cross, 1st Main, 11 Stage, West of Chord Road, Bangalore-560086 to transact the following business:

ORDINARY BUSINESS:

Item No. 1 Adoption of Financial Statements:

1. To receive, consider and adopt the Audited Financial Statements for the year ended as at 31st March 2016, and the Reports of Board of Directors' and Auditors' thereonfor the purpose, to pass the following resolution will be proposed as an Ordinary Resolution:

“RESOLVED that the Profit and Loss Account for the year ended 31st March 2016, Balance Sheet as at that date together with schedules attached thereto and the Report of Directors and Auditors thereon, as laid before the Members at this meeting be and are hereby approved and adopted”.

2. To Appoint a Director in place of Ms. Kanchan Devi (DIN: 02063134), who retires by rotation and being eligible, offers herself for re-appointment for the purpose, to pass The following resolution will be proposed as an Ordinary Resolution:

“RESOLVED THAT pursuant to Section 152 of the Companies Act, 2013,Ms. Kanchan Devi  (DIN: 02063134), whose period of office is liable to determination by retirement of directors by rotation and who has offered herself for re-appointment be and is hereby re-appointed as director of the Company”.

3.To Appoint a Director in place of Ms. Manjula Devi (DIN: 02486120), who retires by rotation and being eligible, offers herself for re-appointment for the purpose, to pass The following resolution will be proposed as an Ordinary Resolution:

“RESOLVED THAT pursuant to Section 152 of the Companies Act, 2013,  Ms. Manjula Devi (DIN: 02486120), whose period of office is liable to determination by retirement of directors by rotation and who has offered herself for re-appointment be and is hereby re-appointed as director of the Company”.

4. To ratify the appointment of Auditors of the Company to hold the office from the conclusion of the Seventeenth Annual General Meeting until conclusion of Twentieth Annual General Meeting and to fix their remuneration and for the purpose and to pass the following resolution as an Ordinary Resolution thereof:

“RESOLVED that pursuant to the provisions of Section 139and other applicable provisions, if any, of the Companies Act, 2013, and the Companies (Audit and Auditors) Rules, 2014, (including Statutory Modification(s) or re-enactment thereof, for the time being inforce),   appointment of M/s. Kamesh Bohra & Co., (Member Ship NO. 206676), Chartered Accountants, Bangalore, holding office from the conclusion of the Seventeenth Annual General Meeting until the conclusion of the Twentieth Annual General Meeting of the Company to be held in the calendar year 2017 and that the Board of Directors of the Company and the  Audit Committee of the Company being authorised to fix their remuneration for the said period and reimbursement of actual out of pocket expenses, if any may be incurred in the performance of their duties, as previously approved by the shareholders at the Seventeenth Annual General Meeting, be and is hereby ratified and confirmed”.

                                                                                     

By Order of the Board of Directors

For Adishwar India Limited

Place: Bangalore                                                                             SD/- Geetha Mani. J

Date: 16thSeptember, 2016                                                        Company Secretary

NOTES:

1. A MEMBER IS ENTITLED TO ATTEND THE MEETING AND VOTE THERE AT MAY APPOINT A PROXY TO ATTEND AND VOTE ON HIS BEHALF ONLY ON A POLL. SUCH PROXY NEED NOT BE A MEMBER OF THE COMPANY. 

2.   The instrument of proxy form in order to be effective, should be deposited

at the Registered Office of the Company, duly completed and signed, not

less than 48 hours before the commencement of the meeting.  A proxy

form is enclosed herewith.

3.          During the period beginning 24 hours before the time fixed for the

             Commencement of the meeting and ending with the conclusion of the

             Meeting a member would be entitled to inspect the proxies lodged at any 

Time during the business hours of the company, provided that not less than  

Three days of notice in writing is given to the company.

4. The Statutory Registers under the Companies Act, 2013 is available for

Inspection at the registered Office of the Company during business hours

Between 10.00 a.m. to 6.00 p.m. except on holidays.

5.   The Shares of the Company have been admitted for dematerialization with

National Securities Depository Limited with effect from 02/04/2008. 

Members of the Company desirous of getting their Shares dematerialized

  Can approach a depository participant registered with National Depository

Services Limited.  The ISIN is INE267J01018

6.    Members are requested to bring their attendance slip along with their copy

   of the Annual Report to  the meeting, as copies of the Annual Report will

not be distributed at the meeting.  

As per the Secretarial Standard the Additional Information on Directors recommended for appointment/re-appointment:

2. Ms. Kanchan Devi:

Ms. Kanchan Devi Promoter director of the company, she is efficient person in understanding the critical issues which are affecting the company and she can deal with the issues efficiently. 

Ms. Kanchan Devi being a promoter director, now she is as a non-executive director of the company. She is regular in all Board meetings she shows her interest and willingness to spend time and effort learning about the company and its business, she participates in all board meetings and gives her contribution on the development strategy and risk management of the company.

3. Ms. Manjula Devi:

Ms. Manjula Devi Promoter group director of the company, she is efficient person in understanding the critical issues which are affecting the company and she can deal with the issues efficiently. 

Ms. Manjula Devi being a director, now she is as a non-executive director of the company. She is regular in all Board meetings she shows her interest and willingness to spend time and effort learning about the company and its business, she participates in all board meetings and gives her contribution on the development strategy and risk management of the company.  

By order of the Board

For Adishwar India Limited

                                                                      

Geetha Mani. J

Company Secretary

ACSNo. 20248

                                                                      

FORM OF PROXY

[Pursuant to section 105(6) of the Companies Act, 2013 and rule 19(3) of

Companies (Management and Administration) Rules, 2014]

NINETEENTH ANNUAL GENERAL MEETING 30TH SEPTEMBER, 2016 AT 10.00 A.M.

Venue of the Meeting: Company at NO. 146, 11th C Cross, 1st Main, 11 Stage, West of Chord Road, Bangalore-560086 to transact the following business:

Date and Time Friday of 30th September, 2016 at   10.00 a.m

Name of the Member(s)

Registered Address

DP Id*

E-mail ID

Folio No./Client ID*

DP ID:

No of Shares held

* Applicable for investors holding shares in Electronic form

I/ We, being the member(s) of __________________ Adishwar India Limited hereby appoints the following as my/our Proxy to attend vote (for me/us and on my/our behalf at the 19thAnnual General Meeting of the Company to be held on Friday of 30thSeptember, 2016 at   10.00 a.m and at any adjournment thereof) in respect of such resolutions as are indicated below shares of the above named Company, hereby appoint:

1. ________________ of __________________ having e-mail id ____________________ or failing him

2. ________________ of __________________ having e-mail id ____________________ or failing him

3.________________ of __________________ having e-mail id _____________________ or failing him

** I/We direct my/our Proxy to vote on the Resolutions in the manner as indicated below:

Resolution No.

Resolutions

Optional

For

Against

1

Adoption of Audited Financial Statements for the financial year ended March 31, 2016 and reports of the Board of Directors and the Auditors thereon

2

 To Appoint a Director in place of Ms. Kanchan Devi (DIN: 02063134), who retires by rotation.

3

To Appoint a Director in place of Ms. Manjula Devi (DIN: 02486120), who retires by rotation.

4

To Ratify the appointment of Auditors of the Company and to fix their remuneration and for the purpose and to pass the following resolution as an Ordinary Resolution thereof.

Affix     Revenue  Stamp

Signed this ______________________ day of _________________________ 2016.

Signature of Shareholder: ____________________________________________                   

Signature of Proxy holder(s): __________________________________________      

Note:

1. This form of proxy in order to be effective should be duly completed and deposited at the registered office of the Company, not less than 48 hours before the commencement of the Meeting.

2. For the Resolutions, Explanatory Statement and notes please refer to the Notice of the Annual General Meeting.

3. It is optional to put an "X" in the appropriate column against the Resolution indicated in the Box. If you leave the 'For' or 'against' Column blank against the Resolutions, your Proxy will be entitled to vote in the manner as He/She thinks appropriate.

4. Please complete all details including details of member(s) in above box before submission

ATTENDANCE SLIP

19TH ANNUAL GENERAL MEETING 30TH SEPTEMEBR, 2016 AT 10.00 A.M.

DP ID

Name  of the Shareholder

Address of the Registered Shareholder

Client Id/Regd Folio No.

No. of Shares Held

I certify that I am a registered shareholder/proxy for the registered shareholder of the Company. I hereby record my presence at the Annual General Meeting of the Company at  . 146, 11th C Cross, 1st Main, 2nd Stage, West of Chord Road,  Bangalore-86 on 30TH September, 2016 at 10.00 A.M.

……………………… ……………………

Member’s Signature Proxy's Signature

Note: Please complete this and hand it over at the entrance of the hall.