Vote Recommendation for Jan’12 Meetings

 

Here are the vote recommendations for meetings held in January 2012.

 

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For* = Shareholders advised to seek clarifications from the company

 

PATNI COMPUTER SYSTEMS LIMITED – Postal Ballot on 6th January

Res # Resolution Title Management InGovern
1. Delisting of Shares from Stock Exchanges For For*

 

AMTEK INDIA LIMITED – EGM on 4th January

Res # Resolution Title Management InGovern
1. Issue of Securities For Against
2. Increase in the Borrowings Limit For Against
3. Creation of Charges/Mortgages For Against

 

FUTURE VENTURES INDIA LIMITED – Postal Ballot on 13th January

Res # Resolution Title Management InGovern
1. Ratification and Amendment of the Pre-IPO FVIL ESOP-2011 For For*
2. Offer of the FVIL ESOP-2011 for Subsidiaries For For*
3. Payment of Remuneration to Mr. Kishore Biyani, MD For For*
4. Increase in the FII Investment limit For For

 

MPHASIS LIMITED – Postal Ballot on 17th January

Res # Resolution Title Management InGovern
1. Creation of MphasiS ESOP – 2012 For For*
2. Grant of MphasiS ESOP – 2012 to subsidiaries For For*

 

AUTOMOTIVE AXLES LIMITED – AGM on 17th January

Res # Resolution Title Management InGovern
1. Adoption of Accounts For For*
2. Declaration of Dividend For For
Re-appointment of Directors
3. Mr. B. B. Hattarki For For
4. Mr. Ashok Rao For For
5. Re-appointment of Auditors For Against
6. Re-appointment of Mr. Ashok Rao as President and Whole-time Director and fixing of his Remuneration For For*

 

DEWAN HOUSING FINANCE CORPORATION LIMITED – Postal Ballot on 18th January

Res # Resolution Title Management InGovern
1. Issue of Securities For Against
2. Increase in the FII Investment Limit For For

 

BHARAT PETROLEUM CORPORATION LIMITED – Postal Ballot on 19th January

Res # Resolution Title Management InGovern
1. Increase in the Borrowings Limit and Creation / Mortgage of Charges For For

 

UNITED SPIRITS LIMITED – EGM on 20th January

Res # Resolution Title Management InGovern
1. Issue of FCCBs For For*

 

IPCA LABORATORIES LIMITED – CCM on 20th January

Res # Resolution Title Management InGovern
1. Amalgamation of Tonira Pharma Ltd. with Ipca Laboratories Ltd. For For*

 

GARDEN SILK MILLS LIMITED – Postal Ballot on 23rd January

Res # Resolution Title Management InGovern
1. Alteration to the Articles of Association For For
2. Revision in Remuneration of Mr. Praful A. Shah as Chairman and Managing Director For Against
3. Revision in Remuneration of Mr. Alok P. Shah as Joint Managing Director For Against
4. Revision in Remuneration of Mr. Suhail P. Shah as Executive Director For Against
5. Re-appointment of Mr. Suhail P. Shah as Executive Director For Against

NELCO LIMITED -AGM on 24th January

Res # Resolution Title Management InGovern
1. Adoption of Accounts For For*
Re-appointment of Directors
2. Mr. P. R. Menon For For*
3. Mr. R. R. Bhinge For For
4. Mr. S. K. Gupta For For
5. Re-appointment of Auditors For For*
7. Appointment of Mr. P. J. Nath as CEO For For*

List of Proposals Received from Shareholders

6. Appointment of Mr. B. Gopal as a Director For For*

AMTEK INDIA LIMITED – EGM on 27th January

Res # Resolution Title Management InGovern
1. Increase in the Authorized Share Capital For For*
2. Amendment to the MoA For For*
3. Amendment to the AoA For For*

 

3i INFOTECH LIMITED – Postal Ballot on 27th January

Res # Resolution Title Management InGovern
1. Creation of Charges/ Mortgages For For
2. Issue of Securities For Against
3. Increase in the Authorized Capital For Against
4. Amendment to the Memorandum of Association For Against
5. Amendment to the Articles of Association For Against

List of Proposals Received from Shareholders

6. Re-appointment of Mr. Amar Chintopanth as Deputy MD and fixing of his Remuneration For For*

 

NEW DELHI TELEVISION LIMITED – CCM on 31st January

Res # Resolution Title Management InGovern
1. Amalgamation of NDTV One Holdings Ltd. with New Delhi Television Ltd. For For*

 

SIEMENS LIMITED – AGM on 31st January

Res # Resolution Title Management InGovern
1. Adoption of Accounts For For*
2. Declaration of Dividend For For
Re-appointment of Directors
3. Mr. Deepak S. Parekh For For*
4. Mr. Yezdi H. Malegam For Against
5. Mr. Sunil Mathur For For
6. Re-appointment of Auditors For For*
8. Revision in Remuneration of Dr. Armin Bruck MD For For*
9. Revision in Remuneration of Mr. Sunil Mathur as Executive Director For For*
10. One-time special payment to Mr. Vijay V. Paranjape (former Whole-time Director) For For*
11. Payment to Mr. Praveen Singh as MD of erstwhile Siemens Healthcare Diagnostics Limited For For*

List of Proposals Received from Shareholders

7. Appointment of Dr. Roland Busch as a Special Director For For*