20 Jul 2019 | 1:13 AM

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COMPANYNEWS
Sterlite Technologies AGM to be held on July 23 2019
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Published on 06-24-2019
Sterlite Technologies Limited said in a filing to BSE that the Annual General Meeting of the Company will be held on Tuesday July 23 2019. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Register of Members and the Share Transfer Books of the Company will remain closed from Saturday July 20 2019 to Tuesday July 23 2019.


The company said that the cut-off date for E-voting is Tuesday July 16 2019.


The company said that the purpose of the Annual General Meeting is to receive consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31 2019 and the reports of the Board of Directors and the Auditors thereon.


To receive consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31 2019 and the Report of the Auditors thereon.


To declare Dividend of Rs. 3.50 per Equity Share for the financial year ended March 31 2019.


To appoint a Director in place of Pravin Agarwal who retires by rotation and being eligible offers himself for re-appointment.


To re-appoint Arun Todarwal and A.R. Narayanaswamy as Independent Directors.


To approve remuneration of Cost Auditor.


To raise the funds through Qualified Institutional Placement (QIP) / External Commercial Borrowings (ECBs) with rights of conversion into Shares / Foreign Currency Convertible Bonds (FCCBs) / American Depository Receipts (ADRs)/Global Depository Receipts (GDRs) /Optionally or Compulsorily Convertible Redeemable Preference Shares (OCPs/CCPs) etc. pursuant to Section 62 of Companies Act 2013.