AXON VENTURES LIMITED (Formerly Axon Finance Limited) CIN : L65999MH1982PLCO27945

Transcription

1 AXON VENTURES LIMITED (Formerly Axon Finance Limited) CIN : L65999MH1982PLCO27945 Regd. Off: Shop No. 26, Meera Co.-Op. Hsg Soc., New Link Road, Near Oshiwara Police Station, Andheri (West), Mumbai Tel: axoninfotechltd@gmail.com Website: Date: 2/12/216 To, The Bombay Stock Exchange Ltd Corporate Relationship Dept, 1 st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai 4 1 BSE Scrip Code: Sub: Outcome of Postal Ballot Dear Sir, This is to inform you that the 7/ meeting of the Board of Directors of the Company was held on Tuesday, 2th December, 216 at E-19, Crystal Plaza, New Link Road, Andheri (West), Mumbai 453 at 3: P.M and concluded at 5. P.M The Chairman announced and informed, that based on report submitted by the Scrutinizer, the members have passed the resolution to increase the power, of board with respect to granting loans, making investment, providing guarantee and securities, etc up to Rs.75 Crores, pursuant to section 186 of the Companies Act, 213 by majority through Postal Ballot. Please find enclosed Scrutinizers Report on Postal Ballot and Result of Postal Ballot in prescribed form pursuant to Regulation 44 (3) of Listing Regulations. Kindly acknowledge the Receipt. Thanking You Yours Faithfully, For Axon Ventures Limited Prajna Naik Company Secretary -, x A. ENT En Encl: 1. Regulation Scrutinizer Report

2 Scrip code Name of the company Type of meeting Date of the meeting Start time of the meeting End time of the meeting General information about company 5556 Axon Ventures Ltd Postal Ballot : PM 5: PM For AXON VENyRES LIMITED Direct 'Agiv Authoiised Signatory

3 Voting results Record date Total shareholders on record date No. of shareholders present in the meeting either in person or through proxy a) Promoters and Promoter group b) Public No. of shareholders attended the meeting through video conferencing a) Promoters and Promoter group b) Public No. of resolution passed in the meeting Disclosure of notes on voting results J J I For AXON VENTUT LIMITED Director / ised Signatory

4 Resolution required: (Ordinary / Special) Whether promoter/promoter group are interested in the agenda/resolution'? Resolution(1) I Special No Description of resolution considered Cate gory Mode of voting No. of shares held No. of votes polled To make investments, give loans, guarantees and provide securities beyond the prescribed limits u/s 186 of the Companies Act, 213 % of Votes t polled on outstanding shares No. of votes in favour No. of votes against % of votes in favour on votes polled % of Votes against on votes polled (1) (2) (3)=[(2)/(1)]*1 (4) (5) (6)=[(4)/(2)] *1 (7)=[(5)/(2)] *1 E-Voting I Promoter and Promoter Group Postal Ballot (if applicable) Total E-Voting I Public- Institutions Postal Ballot (if applicable) i Total E-Voting Public- Non Institutions Postal Ballot (if applicable) Total Total Whether resolution is Pass or Not. Disclosure of notes on resolution Yes For/AXON VENTURES LIMITED Director / Ns CY" sed Signatory

5 Category Resolution(1) Mode of voting Invalid Votes Promoter and Promoter Group (6) E-Voting Postal Ballot (if applicable) Public- Institutions Public- Non Institutions Total E-Voting Postal Ballot (if applicable) Total E-Voting Postal Ballot (if applicable) Total Total For AXON VENTURES LIMITED Director A sed Signatory

6 DmKH & CD. CHARTERED ACCOUNTANTS S(;RUTINIZER!)S REPORT [Pursuant to r ule 18 of the Companies Act, 213 and rule 2(xi) of the Companies (Management and Administration) Rules, 214) To, T he Chairman Axon Ventures Limited Shop o. 26, Meera Co-op I-Isg Soc, Near Oshiwara Police Station, Andh ri (We st)~ Mumbai-453 Date: 19/12/216 Dear ir, I, Manish Kankani, Practicing Chartered Accountant (M.No. 1582), Partner of Mis. DMKH & Co., Chartered Accountants, Mumbai was appointed as scrutinizer in connection with Voting by way of Postal Ballot or voting for the purpose of scrutinizing the remote e-voting and voting through physical ballot process in fair and transparent manner and ascertaining the requisite majority on remote e-voting and voting through physical ballot process carried out as per the provisions of the Companies Act, 21 3 and Rule 2 of the Companies (Management and Administration) Rules~ 21 4, as amended, on the resolutions referred to in this report. The management of the Company is re ponsible to ensure the Compliance with the requirements of the Companies Act, 213 and Rule relating to remote e-voting and voting through physical ballot process on the re olutions contained in the notice of the Postal Ballot notice dated November 9, My responsibility as Scrutinizer for th voting proce s through electronic means and physical bauots is restricted to make a Scrutinizer's Report for the votes cast "In Favour" or "Against" the re olutions, based on the report generated from E-Voting system ofnational Securities Depository Limited (NSD ) and ofvoting through physical ballots. I submit my report as under: 1. The e-voting period remained open from Saturday 19/11/216 (9. A.M) to Sunday, (5. P.M). 2. The Shareholders holding shares as on the "cut-off' date i.e were entitled to vote on the proposed resolutions (item no. 1 to 4) as set out in the Postal Ballot Notice dated November 9, The votes were unblocked on Monday, 19th December, 216 around 11 :2 A.M, in the presence of two witnesses who are not in the enlployment of the Company. They have signed below in Confirmation of the votes being unblocked in their presence. 4. Thereafter, the details containing, inter-alia, list of equity shareholders, who voted ""For" and '"Against", were downloaded from the e-voting website of National Securities Depository lim ited ( J Witness 2

7 5. The result of e-voting is as under: Resolution No.1: To make investments, give loans, guarantees andprovide securities beyond the prescribed limitsu/s 186 of the Companies Act, 213. Number of members voted through E-voting system No. of Total Votes Cast Number of Votes cast in ((Favour" of resolution votes cast in Favour Number of votes cast ((Against" the resolution votes cast Against Total votes declared invalid invalid votes f, The Register, all other papers and relevant records relating to electronic voting shall remain in our safe custody and the same are handed over to the Authorised Person for safe keeping. 7. The Company has also distributed the physical ballot forms along with the notice of Postal Ballot to enable the shareholders to cast their votes physically in case the same has not been casted by them through remote e-voting. 8. The result ofthe voting through physical ballot forms are as under: Resolution No.1: To make investments, give loans, guarantees andprovide securities beyond the prescribed limitsu/s 186 of the Companies Act, 213. Number of members voted through physical ballot form No. of Total Votes.Cast Number of Votes cast in ((Favour" of resolution votes cast in Favour Number of votes cast ((Against" the resolution votes cast Against Total votes declared invalid invalid votes I ( )

8 9. All the resolutions proposed hereinabove have been passed with requisite majority. 1. The physical ballot forms and registers and records shall remain in our safe custody and the same are handed over to the Authorised Person for safe keeping. Thanking You, Yours Truly, For DMKH & CO., CA. Manish Kan (Partner) M.No Place: Mumbai Date: 19/12/216