Fiberweb India : Annual General Meeting

About this update from Fiberweb (india) Limited

37th Annual Report 2021 - 2022 ISO 9001:2015 , ISO 14001:2015 & ISO 45001:2018 CORPORATE INFORMATION BOARD OF DIRECTORS Mr. Pravin Sheth - Non-Executive Director Mr. Bhavesh Sheth - Non-Executive Director Mrs. Soniya Sheth - Non-Executive Director Mr. Bhadresh Shah - Non-Executive & Independent Director Mr. Gopalji Rana - Non-Executive & Independent Director Mr. Chidamber Rege - Non-Executive & Independent Director Mr. Sorabh Gupta - Non-Executive & Independent Director (w.e.f 28th May, 2021) Mr. Vinod Kumar Beswal - Additional Non-Executive & Independent Director (w.e.f 12th August, 2022) KEY MANAGERIAL PERSONNEL Mr. Rajesh Shukla - Chief Executive Officer Mr. Mukesh Pandya - Chief Financial Officer Ms. Krutika Gada - Company Secretary & Compliance Officer (w.e.f. 01st December, 2021) STATUTORY AUDITORS M/s. Akshay Kirtikumar & Associates LLP Chartered Accountants, Mumbai INTERNAL AUDITORS M/s. Atul Dedhia & Associates Chartered Accountants, Mumbai SECRETARIAL AUDITORS M/s. K. Pratik & Associates Company Secretary in Practice SOLICITORS Little & Co., Mumbai Divyakant Mehta & Associates, Mumbai REGISTERED OFFICE Airport Road, Kadaiya, Nani Daman, Daman (U.T.) 396 210 Email - [email protected] Website - www.fiberwebindia.com CIN No : L25209DD1985PLC004694 CORPORATE OFFICE 128, Kiran Building, Bhaudaji Road, Matunga (East), Mumbai - 400019 BANKERS Bank of Baroda, Matunga, Mumbai Axis Bank, Mumbai Canara Bank, Mumbai State Bank of India, Mumbai WORKS Plot No. 92/93B, 100' Coastal Highway, Nani Daman, Daman (U.T.) 396 210 LISTED ON STOCK EXCHANGE 1. BSE Limited 2. National Stock Exchange of India Limited 3. Ahmedabad Stock Exchange Ltd (Ahmedabad Stock Exchange is derecognized by SEBI) REGISTRAR & SHARE LINK INTIME INDIA PRIVATE LIMITED TRANSFER AGENTS C - 101, 247 Park, LBS Marg, Vikhroli West, Mumbai 400 083 FIBERWEB (INDIA) LIMITED CIN: L25209DD1985PLC004694 Registered office: Airport Road, Kadaiya, Nani Daman, Daman (U.T) 396210 Phone: 0260-2221458 Fax: 0260-2220758 Website: www.fiberwebindia.com Email: [email protected] NOTICE Notice is hereby given that the 37th Annual General Meeting of the Members of Fiberweb (India) Limited will be held on Friday, 23rd September, 2022 at 09.00 a.m. at the Hotel Ocean Inn, Plot No. 20, Devka Beach, Nani Daman (U.T.) - 396 210 to transact the following business: ORDINARY BUSINESS: To receive, consider and adopt: the Audited Standalone Financial Statements of the Company for the financial year ended 31stMarch, 2022 together with the Reports of the Board of Directors and Statutory Auditor thereon. the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2022 together with the Report of Statutory Auditors thereon. To appoint a Director in place of Bhavesh P. Sheth (DIN: 02862487) who retires by rotation and being eligible offers himself for re-appointment. To appoint a Director in place of Mrs. Soniya P. Sheth (DIN: 02658794) who retires by rotation and being eligible offers herself for re-appointment. SPECIAL BUSINESS: Appointment of Mr. Vinod Beswal (DIN: 00120095) as a Non-Executive, Independent Director: To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution: "RESOLVED THAT that pursuant to the provisions of Sections 149, 150, 152 read with Schedule IV and any other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors), Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, and pursuant to the recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors, Mr. Vinod Beswal (DIN: 00120095), who was appointed as an Additional Director under the category of Non-Executive Independent Director of the Company by the Board of Directors pursuant to the provisions of Section 161(1) of the Act and the Articles of Association of the Company and in respect of whom the Company has received a notice in writing under Section 160 of the Act from a member proposing his candidature for the office of Director, be and is hereby appointed as an Independent Director, not liable to retire by rotation and to hold office for a term of 5 (five) consecutive years with effect from September 23, 2022 up to the conclusion of 42nd Annual General Meeting of the Company to be held in the calendar year 2027. "RESOLVED FURTHER THAT the Board of Directors be and is hereby authorised to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution." To approve the continuation of Mr. Pravin V. Sheth (DIN: 00138797) as a Non-Executive, Non- Independent Director of the Company, pursuant to provisions of Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To consider, and if thought fit, to pass, the following resolution as a Special Resolution: "RESOLVED THAT pursuant to Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, approval of the Members be and is hereby accorded for the continuation of appointment of Mr. Pravin V. Sheth (DIN: 00138797) as a 'Non-Executive,Non-Independent Director' of the Company, liable to retire by rotation." ANNUAL REPORT 2021-22 1 "RESOLVED FURTHER THAT Board of Directors and / or Company Secretary of the Company be and are hereby authorised to do all such acts, deed, things and matters as they may consider necessary, expedient or desirable for giving effect to the foregoing resolution." 6. To approve the continuation of Mr. Gopalji M. Rana (DIN: 01982997) as a Non-Executive, Independent Director of the Company, pursuant to provisions of Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To consider, and if thought fit, to pass, the following resolution as a Special Resolution: "RESOLVED THAT pursuant to Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, approval of the Members be and is hereby granted to the continuation of appointment of Mr. Gopalji M. Rana (DIN: 01982997) as a 'Non-Executive, Independent Director' of the Company." "RESOLVED FURTHER THAT Board of Directors and / or Company Secretary of the Company be and are hereby authorised to do all such acts, deed, things and matters as they may consider necessary, expedient or desirable for giving effect to the foregoing resolution." By order of the Board of Directors For Fiberweb (India) Limited Place: Mumbai Krutika Gada Date: : 12th August, 2022 Company Secretary ACS Membership No: 56481 Registered Office: Air Port Road, Kadaiya, Nani Daman Daman (U.T.) 396 210 CIN: L25209DD1985PLC004694 E-mail: [email protected] Website: www.fiberwebindia.com NOTES: A MEMBER ENTITLED TO ATTEND AND VOTE AT THE ANNUAL GENERAL MEETING (THE "MEETING) IS ENTITLED TO APPOINT A PROXY/ PROXIES TO ATTEND AND VOTE ON A POLL INSTEAD OF HIMSELF/HERSELF AND THE PROXY NEED NOT BE A MEMBER OF THE COMPANY. The Instrument appointing Proxy, in order to be effective should be deposited at the RegisteredOffice of the Company, duly completed and signed, not less than 48 Hours before the commencement of the Annual General Meeting. A PERSON CAN ACT AS A PROXY ON BEHALF OF MEMBERS NOT EXCEEDING FIFTY (50) AND HOLDING IN THE AGGREGATE NOT MORE THAN TEN PERCENTOF THE TOTAL PAID UPSHARE CAPITAL OF THE COMPANY CARRYING VOTING RIGHTS. A MEMBER HOLDING MORE THAN TEN PERCENT OF THE TOTAL SHARE CAPITAL OF THE COMPANY CARRYING VOTING RIGHTS MAY APPOINT A SINGLE PERSON AS PROXY AND SUCH PERSON SHALL NOT ACT AS A PROXY FOR ANY OTHER PERSON OR SHAREHOLDER. Attendance slip, proxy form and the route map of the venue of the Meeting are annexed hereto. Corporate Members intending to send their authorized representative(s) to attend the Meeting in terms of Section 113 of the Companies Act, 2013, are requested to send the Company a certified true copy of the Board Resolution authorizing such representative to attend and vote on their behalf at the Meeting. An Explanatory Statement pursuant to Section 102(1) of the Companies Act, 2013, which sets out details relating to the Special Business to be transacted at the Meeting, is annexed hereto. Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended) and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended), and the Circulars issued by the Ministry of Corporate Affairs dated April 08, 2020, April 13, 2020 and May 05, 2020 the Company is providing facility of remote e-Voting to its Members in respect of the business to be transacted at the AGM. For this purpose, 2 FIBERWEB (INDIA) LIMITED This is an excerpt of the original content. To continue reading it, access the original document here .

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