BRIEF DETAILS OF ITEMS DELIBERATED AT THE AN NUAL GENER AL
MEETING OF THE COMPANY HELD ON 30TH SEPTEMBER, 2023, AT ITS
REGISTERED OFFICE IN HYDERABAD.
Mr. Vimal Raj Mathur, Chairman and Managing Director of the Company was
occupied to chair the meeting.
The Chairman after ascertaining that the requisite quorum was present, declared that
the meeting was validly constituted and commenced the proceedings of the
meeting.
The Chairman introduced the Directors, Key Managerial Personnel and Auditors
to the members.
The Chairman delivered his speech giving the highlights of the Company’s upcoming
projects.
Members were informed that Mr. CS. N. Phani Chakravarthy, Practicing Company
Secretary (Membership No. 32380) has been appointed as the Scrutinizer for
providing facility to the members of the Company to scrutinize the voting and remote
e-voting process in a fair and transparent manner.
The following items of business, as per the Notice of AGM were transacted at the
meeting:
Ordinary Business
1. Considered and adopted the Financial Statements (Standalone & Consolidated) of the
Company for the financial year ended 31st March 2023 including Balance Sheets,
Statements of Profit and Loss Account and Cash Flow Statements for the year ended
as on that date together with the Notes attached thereto, along with the Reports of
Auditors and Directors thereon.
2. Re-appointment of Mrs. Sunitee Raj (DIN: 05223416)
Special Business
3. Considered and approved appointment of Mr. Nageshwara Rao Chitirala (DIN:
02197018) as an Independent Director of the Company for a period of five
consecutive years upto 04th September, 2028.
4. Considered and approved appointment of Mr. Balaji Doradla (DIN: 02076759)
as an Independent Director of the Company for a period of five consecutive years
upto 04th September, 2028.
5. Considered and approved the increase in the Authorized Share Capital of the
Company to Rs. 55,00,00,000/- (Rupees Fifty-Five Crores Only) divided into
5,50,00,000 (Five Crore Fifty Lakhs) Equity Shares of Rs. 10/- (Rupees Ten Only)
each.
6. Issued a bonus of 1 (one) equity share for every 3 (three) equity shares held by the
Shareholders of the Company as on the record date by capitalization of reserves.
With permission of the members, the Notice of 31st Annual General Meeting,
Statutory Auditor’s Report and Secretarial Audit Report were taken as read.
Thereafter, the Chairman informed that the members that who have cast their vote
by remote e-voting prior to the AGM may also attend the meeting but shall not be
entitled to cast their vote again.
The Chairman further informed that the detailed Scrutinizer’s Report along with the
results of e-voting, shall be communicated by way of an intimation to the Stock
Exchanges and would also be placed on the website of the Company
www.gradientinfotainment.com
Questions/Queries raised by the members were replied by the management of the
Company.
Thereafter, the Chairman thanked the members for their firm support, involvement
and for attending and participating in the meeting.
The meeting concluded at 12:55 p.m
