To all you to all of you attended the 43rd annual Journal meeting, which is being held by video conferencing today.
The positives of this shall be considered as convinced at the register office of the company located at the 1st floor express building 910.
Such a hallmark New Delhi, 11, triple 02 serving at the virtual venue for this meeting.
Now, the time is 11 0, a m and before we come in with the meeting, I would like to introduce and extend a warm welcome to the members of the board of directors and chief financial officer who are participating in this meeting, through video conferencing,
our board of directors and 3 of who are highly qualified.
An experienced professional in the unexpected thing.
Firstly, we have MS set up a non executive independent director of the company with 25 years of experience in the corporate domain. We bring valuable inside to our organization.
Mr. is also a member of the audit committee nomination and termination committee and if stakeholder relationship committee.
We also have fearful Mr. uh, qualified charted accountant with over 17 years of experience in finance accounts, audit and taxation.
His expertise and guidance have been instrumental in the company's financial management.
I would like to inform you that Mr. soda browse the Aflac representative of Russia and associates who have been associated at the issued. Neither for the purpose of it also, with us through video conferencing.
I would like to inform you that auditor of the company is also present with us through video conferencing.
Considering with.
As a director of the company in this meeting, I request the members to propose her name to chair the proceedings of this meeting. I request the host to unmute this speaker shareholders.
Okay, I propose.
Thank you sakshi for the introduction. I would like to confirm that the requisite quorum is present and I here by confirm.
This declare this meeting open I would like to appreciate the participation of all the members of the company who have joined us today.
The 43rd annual general meeting of the company is being conducted through video conferencing.
Which is in compliance with the guidelines circulars issued by the ministry of corporate affairs and the Securities and exchange mode of India.
The company has made diligent effort to ensure smooth participation and voting for all the shareholders.
Due to personal preoccupation, miss and directors of the company are not able to attend the.
I would like to emphasize that as per the new scale, based regulatory framework of the Reserve Bank of India.
Your company has been classified as a base layer and BFC.
The company has maintained a focus on notice instruments.
During the financial year, 20,222,023 the company incurred a net loss of repeat.
329.25 Labs the company remain focused on implementing strategies.
To improve its financial performance and achieve positive results in future. Now, I would request miss company's secretary of the company to explain the regulatory requirements to the shareholders.
Regarding their participation and E,
voting at this idea with the permission of the chairperson I would like to inform the shareholder about the manner participation and voting at the AGM in accordance with the provision of the lifting regulation in the company that the company has made
available. The remotely voting facility to all its.
Enable them to pass their vote electronically on the matters listed in the notice the company had engaged the service of cdsl to provide the remote, the voting facility.
The remote voting, period comments on July 82023at90 am and concluded on July 11 2023 at 50 PM. The remote voting module was disabled by cdsl after the dedicated period shareholders who had shares of the cutoff date, which was.
the dedicated period shareholders who had shares of the cutoff date which was
July 52023havevotedon the resurrection through the mood voting.
The result of the voting will be announced within 48 hours after the conclusion of the meeting.
It will be published on the company website, the website of the cdsl and communicating through the stock exchange.
Additionally, the company's providing the possibility of during the AGM.
Only shareholders who have not done.
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You know.
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Then there's also the.
Hello.
Sorry, for the disturbance, the result of the voting will be announced within 48 hours for after the conclusion of the meeting it will be published on the company's website. The backside of the and communicating to their stock exchange.
Additionally the company is providing the facility of E. voting during the AGM only shareholders. shareholders
Have not caught their votes through remotely voting and are not otherwise buried from doing. So will be eligible to go through the voting system during the AGM.
Shareholders should know that E voting during the AGM has been activated from the start of this meeting, which is 11 am this it will remain open for 15 hours after the conclusion of the Aegean,
the procedure for E voting on the day of the agent in the same as the instructions provided for remotely voting and explained in the.
Of the Aegean shareholder should not should should take note that they are placed on a mute mode by default to avoid any disturbance and to facilitate a smooth conduct of the meeting.
The company has also provided for a shareholders facility, shareholder who have not registered themselves as a speaker shareholder may ask.
There queries during the AGM through the checkbox option, the company will respond to the query within 7 days from the date of the Aegean by email, using the registered email address of the shareholders.
During the Q, and D session is Speaker's shoulder 1 by 1, ask their queries and explain their views.
If any if there are any connectivity issue at a speaker speaker shareholders, and we will move on to the next speaker, it's up to ask their questions on speaker shoulders are kindly requested to limit their timeline.
2 minutes for their.
Query the recorded video of the agent will be made available on the company website for the more. I would like to inform the member that the notice convincing the meeting.
The director support the auditor annual account of the company have been provided to you with your permission. I will consider them as read.
Originally, I would like to highlight that if auditor, he does not contain any qualification observations or comments or financial transactions, or whether that could adversely affect the function functioning of the company.
Therefore, in accordance with section, 145 of the company, like 2013, it is not required to be. is not required to be
Now, let me present the agenda item to be considered by the members at this meeting at mention in the notice.
1st agenda item is the adoption of the audited financial statement, including the consolidated financial statements of the company for the financially ended March 31st 2023 together with the reports of the board of directors and auditors there on. directors and auditors there on
Appointment of a director in place of MS who retired by rotation and being eligible to offer herself for the appointment.
Appointment of miss am the director and viewpoint her as a non executive independent director for the 2nd, term of the company.
Appointment of Mr. image that as a manager of the company.
With this now, I hand over the proceedings to the chair person, miss.
Morning Shannon kindly unmute yourself.
Thank you for resolutions and details regarding the 4 mentioned agenda items, have already been provided in the notice and explanation statement. So they will not be repeated here.
Moving forward there are no adventure additional agenda items for discussion. I would like to extend my gratitude to the auditor and shareholders of the company for their active participation in this meeting.
As for the request, we have received some shareholders have registered themselves as speakers at the AGM. I request the speaker shareholders to kindly unmute.
Yourself and share your thoughts and pose your questions.
Okay.
As there are no questions asked, thank you what with that. We conclude the question answer session.
I would like to inform all shareholders that any questions asked through the chat box will be replied to within 1 week's time addressing the respective shareholders.
Thank you all the shareholders for attending the agent virtually. Once again I extend my gratitude to our board of directors and auditors for their active participation. You may now log off from the meeting.
This meeting is now concluded.
Thank you thank you.