Page 118 - Tata_Chemicals_yearly-reports-2017-18

The Company had appointed Mr. P. N. Parikh of None of the businesses proposed to be transacted in the
M/s. Parikh & Associates, Practising Company Secretaries, ensuing AGM requires the passing of a special resolution by
as the Scrutinizer. way of postal ballot.
The Company had sent the Notice dated 1 April, 2017 10. MEANS OF COMMUNICATION
together with the Explanatory Statement, the postal
All price-sensitive information and matters that are material to
ballot form and self-addressed envelope to the Members
shareholders are disclosed to the respective Stock Exchanges,
in the permitted mode. Voting rights were reckoned
where the securities of the Company are listed. All submissions
on the paid-up value of the shares registered in the
names of the Equity Shareholders on the cut-off date to the Exchanges are made through the respective electronic
filing systems.
i.e. 1 April, 2017. The voting period for remote e-voting
as well as postal ballot commenced on Saturday, The quarterly/half-yearly/annual financial results are published
8 April, 2017 and ended on Sunday, 7 May, 2017 and the in the Indian Express (English), Business Standard (English),
NSDL e-voting platform was blocked thereafter. Business Line (English), Loksatta (Marathi), Free Press Journal
(English) and Navshakti (Marathi).
On 8 May, 2017, at the venue of the NCLT convened
meeting, the consolidated report on the result of the The quarterly/half-yearly/annual financial results are
remote e-voting/postal ballot forms and the voting displayed under ‘Investors’ section of the Company’s website
conducted at the venue of the NCLT convened meeting viz., www.tatachemicals.com. They are also filed with the
in respect of the resolution for approving the Scheme of National Stock Exchange of India Limited (NSE) through NSE
Arrangement was provided by the scrutinizer and result Electronic Application Processing System (NEAPS) and with
was announced as under: BSE Limited (‘BSE’) through BSE Online Portal.
In favour Against The Managing Director and Chief Financial Officer hold
Percentage of Percentage Percentage of Percentage of quarterly briefs with analysts, shareholders and major
members voted of valid Votes members voted valid Votes stakeholders where Company’s performance is discussed.
95.65 99.99 4.35 0.01 The official press releases, presentation made to the members
at the AGM, the presentation made to the institutional
b) During FY 2017-18, pursuant to Section 110 of the
investors and analysts and the transcripts of the call with
Companies Act, 2013 read with the Companies
analysts for quarterly/annual results are available on the
(Management and Administration) Rules, 2014, the
Company’s website under the ‘Investors’ section.
Company passed the special resolution under Section
180(1)(a) of the Act for sale of Phosphatic Fertiliser Reminders for unclaimed shares and unpaid dividend are sent
business and Trading business (‘Divestment’) on a to the shareholders as per records every year.
going concern, by way of a slump sale, through postal
Company’s Website
ballot. The Company had appointed Mr. P. N. Parikh of
M/s. Parikh & Associates, Practising Company Secretaries, The Company’s website is a comprehensive reference on Tata
as the Scrutinizer for conducting the postal ballot voting Chemicals’ management, vision, mission, policies, corporate
process (including e-voting). governance, corporate sustainability, investors, updates
and news. The section on ‘Investors’ serves to inform the
The Company had sent the Postal Ballot Notice dated
members by giving complete financial details, annual reports,
24 November, 2017 together with the Explanatory
shareholding patterns, presentation made to institutional
Statement, the postal ballot form and self-addressed
investors and analysts, corporate benefits, information relating
envelope to the Members in the permitted mode.
to stock exchanges, Registrar and Share Transfer Agents, etc.
The voting under the postal ballot/e-voting was kept
The section on ‘Media’ includes all major press releases, awards
open from 12 December, 2017 to 10 January, 2018
and campaigns.
(either physically or through electronic mode). All postal
ballot forms received up to the close of working hours Material events or information as detailed in Regulation 30 of
on 10 January, 2018, the last date and time fixed by the the Listing Regulations are disclosed to the Stock Exchanges
Company for receipt of the forms, had been considered by filing them with NSE through NEAPS and with BSE through
for scrutiny. BSE Online Portal. They are also displayed on the Company’s
On 10 January, 2018, proposal for the above divestment website at www.tatachemicals.com under the ‘Investors’
section.
was passed by way of a special resolution and the results
for the postal ballot were announced as under: The Company has also uploaded the names of the members
and the details of the unclaimed dividend by the members on
In favour Against
its website. The members can log in and find out whether their
Total no. of No. of valid % Total no. of No. of %
members Votes members valid dividend for any of the years is outstanding. Information about
voted voted Votes unclaimed dividends and unclaimed shares to be transferred
1,829 16,80,53,505 99.52 90 8,03,139 0.48 to IEPF is provided in the notes to the Notice of AGM.
116 Annual Report 2017-18