27 th August 2021 The Secretary Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Fort, Mumbai400001 SCRIP CODE : BSE: 502420 Dear Sir/Madam, @cK BIRLA GROUP I ��1ENT The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, 5th floor Bandra Kurla Complex Sandra (E) Mumbai400051 TRADING SYMBOL: ORIENTPPR Sub: Outcome of the 85 th Annual 'General M6'eting This is to inform you that the 85 th Annual General Meeting of the Company was held on Friday, 27 th August, 2021, commenced at 11:00 AM and concluded at 11:52 AM, through Video Conferencing/ Other Audit Visual Means, and the business mentioned in the Notice aatee 31 st July 2021 wee traaeteo ao passea witn equisite majerity. In this regard, we are enclosing herewith the following reports: (i) Summary of the proceedings of the 85 th Annual General Meeting, as required under Regulation 30, Part A of Schedule m of the Secures and xchange Board of lnd,a (Ust1ng Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), as Annexure A; (ii) Voting Results as required under Regulation 44 of the Listing Regulations as Annexure B; (iii) Scrutinizer's Report pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014, as Annexure C. Please take the above information and enclosed documents on your record. For 0 � � INDUSTRIES LIMIT ED - RP Dutta Company Secretary Encl. as stated above Orient Paper and Industries Limited Birla Building 9th fl, 9/1 RN Mukherjee Road, Kolkata 700001, India +91 033 40823700 Email: info@orientpaperindia.com Registered Office: Unit VIII, Plot No 7, Bhoinagar, Bhubaneshwar 751012, India www.orientpaperindia.com CIN: L21011ORl936PLC117
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
27th August 2021
The Secretary
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Fort, Mumbai"-400001
SCRIP CODE : BSE: 502420
Dear Sir/Madam,
@cK BIRLA GROUP I ��1ENT
The Manager
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G, 5th floor
Bandra Kurla Complex
Sandra (E) Mumbai,,.400051
TRADING SYMBOL: ORIENTPPR
Sub: Outcome of the 85th Annual 'General M6'eting
This is to inform you that the 85th Annual General Meeting of the Company was held on
Friday, 27th August, 2021, commenced at 11:00 AM and concluded at 11:52 AM, through
Video Conferencing/ Other Audit Visual Means, and the business mentioned in the Notice
Registered Office: Unit VIII, Plot No 7, Bhoinagar, Bhubaneshwar 751012, India www.orientpaperindia.com CIN: L21011ORl936PLC000117
fie CK Bll�LA GROUP I ORIENT � PAPER
Summary of the proceedings of the 85th Annual General Meeting of the Shareholders of the
Company held on Friday, the 27'h August, 2021 at 11:00 AM through Video Conferencing (VA)/ Other Audio-Visual Mode (OAVM).
The 85th Annual General Meeting ("the 85th AGM") of the Company was held on Friday, 27th
August, 2021, at 11:00 AM through Video Conferencing ("VA"} / Other Audio-Visual Mode ("OAVM"} provided by KFin Technologies Private Limited ("Kfintech"}.
The Company Secretary welcomed all the shareholders, and the dignitaries to the 85th Annual General Meeting conducted through Video Conferencing/Other Audio-Vis.ual Mode pursuant to the Circulars issued by the Ministry of Corporate Affairs, and SEBI and also keeping in view COVID-19 pandemic, requirements of social distancing and to ensure safety of the shareholders.
Thereafter, the Company Secretary confirmed presence of all directors except Ms. Gauri Rasgotra, Mr. Raj Kumar Agarwal and Mr. S. Vishvanathan, Independent Directors of the Company and confirmed the presence of Mr. P.K. Sonthalia, CFO of the Company, Mr. Avijit Mukerji, Partner of Price Waterhouse & Co Chartered Accountants LLP, Statutory Auditors of the Company and Mr. A. K. Labh of A. K. Labh & Co., Practicing Company Secretaries, Secretarial Auditor of the Company and Scrutinizer for the AGM. He also confirmed presence of requisite quorum.
Mr. Chandra Kant Birla, Chairman of the Board, chaired the AGM and welcomed the shareholders to the 85th AGM of the Company. Thereafter he requested all the colleagues on the Board to introduce themselves.
Mr. M.L. Pachisia, Managing Director, Member of the Stakeholders Relationship Committee, Mr. Ashwin Bishnoi, Independent Director, Member of the Audit Committee, and Nomination and Remuneration Committee introduced themselves and confirmed their presence in the AGM.
Thereafter, the Chairman delivered his address to the shareholders. With the permission of the shareholders, notice of 85th Annual General Meeting and Directors' Report along with annexures was taken as read. Since there was no qualification or adverse remark in the Statuary Auditors' Report on the financials of the Company for the financial year 2020-21 and the Secretarial Auditors' Report, the same were taken as read.
The Registers of Directors & Key Managerial Personnel, the Register of Contracts or Arrangements in which Directors are interested and other documents were made available for inspection electronically during the AGM.
Orient Paper and Industries Limited
Birla Building 13th fl, 9/1 ilN Mukherjee Road, Kolkata 700001, India +91 Q33 3Q573700 Email: [email protected] Registered Office: Unit VIII, Plot No 7, Bhoinagar, Bhubaneshwar 751012, India www.orientpaperindia.com CIN: l210110R1936PLC000117
\l< CK BIRLA GROUP ORIENT PAPER
The Chairman requested the shareholders registered as speaker to give their valuable
opinions and suggestions. The Chairman addressed the queries of the Speaker Shareholders
as well as those received over emails.
The following items of business, as per the Notice of AGM dated 31'' July, 2021, were
transacted at the meeting. The Chairman read out the item no. 1 and 2 and requested
Mr. M. L. Pachisia, Managing Director of the Company, to chair the meeting for item no. 3
since Mr. C. K. Birla was interested in that agenda item and resumed as Chairman for Item no.
4 to 6. The Chairman then ordered voting on all the resolutions set in the notice of AGM.
ORDINARY BUSINESS
Item no.1
To consider and adopt the Audited Financial Statements of the Company for the financial year
ended 31st March, 2021 together with reports of the Board of Directors and Auditors'
thereon.
Item No. 2
To declare dividend of Re. 0.25 per equity share of face value of Re. 1 each for the financial
year ended March 31, 2021.
Item No. 3
Appointment of a Director in place of Shri C. K. Birla (DIN: 00118473), who retires by rotation
and being eligible, offers himself for re-appointment.
SPECIAL BUSINESS
Item No. 4
To approve re-appointment of Ms. Gauri Rasgotra (DIN: 06862334) as an Independent
Director of the Company, not liable to retire by rotation, for a second term for five years
commencing with effect from August 22, 2021 to August 21, 2026.
Item No. 5
To approve re-appointment of Shri Manohar Lal Pachisia (DIN: 00065431) as Managing
Director of the Company for a period of six months, from April 1, 2021 to September 30,
2021.
Item No. 6
To ratify and confirm remuneration payable to the Cost Auditor of the Company for the
financial year 2021-22.
Thereafter, the Chairman informed the shareholders that as per the requirements of the
Companies Act, 2013 and the SEBI (LODR), 2015 and MCA Circulars, the Company had
Orient Paper and Industries Limited , I' Birla Building 13th fl, 9/1 RN Mukherjee Road, Kolkata 700001, India +91033 30573700 Email: · .. :,;:�9'" N()&
�:;i:�;��n
ci;i�:�i
��::��� Plot No 7, Bhoinagar, Bhubaneshwar751012, India www.orientpaperindia.com CIN: �' ,:··.(,o�,li\ �L210110R1936PLC000117 •, ·.\_ f;;'
,,', ""'
<1�0 1" ·o\-
__ _ ,
� CK BIRLA GROUP ORIE:NT PAPER
provided to all the members holding shares as on the cut-off date of 20th August, 2021, the
facility to exercise their right to vote on resolutions, as set out from item No.1 to 6 of the
notice of the 85th Annual General Meeting by electronic means, through remote e-voting
platform provided by KFintech. The remote e-voting facility was made available to members
from 24th August, 2021 (9:00 AM) to 26th August, 2021 (5:00 PM). Further, in accordance
with Section 108 of the Companies Act, 2013, MCA Circulars and SEBI Circulars, the Company
had also provided electronic means of voting at the AGM ("AGM E-Voting"). Members
holding shares as on the cut-off date of August 20, 2021 and had not cast their vote by
remote e-voting, can exercise their right to vote on resolutions, as set out from item no.1 to 6
of the notice of the 85th Annual General Meeting during the meeting through KFintech.
The Chairman announced that the scrutinizer will submit his report on voting after
considering the results of remote e-voting and results of e-voting during the AGM and
severally authorised the Chief Financial Officer or Company Secretary of the Company to
receive the Scrutinizer Report and declare the result and submit the same to the Stock
Exchange within 48 hours from the end of this meeting and also made available on the
website of the company.
The Chairman on behalf of the Board of Directors of the Company, thanked all the
stakeholders for their continued support and announced formal closure of the AGM.
The meeting concluded with a vote of thanks to the Chair at 11:52 AM.
Based on the consolidated Scrutinizer's Report dated August 27, 2021, all the resolutions nos.
1 to 6 as set out in the Notice of 85th AGM of the Company, have been passed with requisite
majority.
Company Secretary
Orient Paper and Industries Limited
Birla Building 13th fl, 9/1 RN Mukherjee Road, Kolkata 700001, India +91 033 30573700 Email:
SPECIAL - To approve re-appointment of Ms. Gauri Rasgotra as an Independent Director of the Company, not liable to retire by rotation, for a second term for five years commencing with effect from August 22, 2021 to August 21, 2026.
"""=-=
% of Votes % of Votes % of Votes Polled on in favour against on outstandin on votes votes g shares No. of Votes polled polled Votes
No. of shares No. of votes (3)=[(2)/(1 -in favour No. of Votes (6)=[(4)/(2 (7)=[(5)/(2) Votes Abstain Mode of Voting held (1) polled (2) )]* 100 (4) -against (5) )]*100 jflOO Invalid ed E-Voting 8,04,43,294 97.8709 8,04,43,294 0 100.0000 0.0000 0 0 Poll
SPECIAL - To approve re-appointment of Shri Manohar Lal Pachisia as Managing Director of the Company for a period of six months, from April 1, 2021 to September 30, 2021, at a remuneration and other terms as set out in the Notice of 85th AGM of the
%ofVotes Polled on in favour against on outstandin on votes votes g shares No. of Votes polled polled Votes
No. of shares No. of votes (3)=((2)/(1 -in favour No. of Votes (6)=((4)/(2 (7)=[(5)/(2) Votes Abstain Mode of Voting held (1) polled (2) )]* 100 (4) - against (5) )]*100 Jr"lOO Invalid ed E-Voting 8,04,43,294 97.8709 8,04,43,294 0 100.0000 0.0000 0 0 Poll
5. The e-voting data/results downloaded from the e-voting system of KFin were scrutinizedand reviewed; the votes were counted, and the results were prepared.
6. The combined result of the remote e-voting and e-voting at the AGM [EVEN : 6060] are
as under:
�
� ACCREDITED
·A. K. LABH A. K. LABH & Co. r-cs, ACMA (ICAI), MBA, M.Com., ACSI (Lond)DIM, DHRD, PGHDSM, 01RPM Company Secretaries