E. SHAREHOLDERS' COMMITTEES :
i) The "Share Transfer and Finance Committee"
is comprised of two non-executive independent Directors(namely, Shri B.P Bajoria & Shri P.K. Mallik) and Shri S. K. Parik, Director & Secretary, is the other member of the Commitee. The Committee is headed by Shri B.P.Bajoria. It deals with the approval of transfer and transmission of securities, issue of duplicate certificate(s)/ advices and other Shareholder related issues in addition to matters pertaining to certain finance related decisions.
The Committee met 11 times during the year under review.
ii) The Company also has a"Shareholders'/ Investors' Grievance Committee" consisting of two non-executive independent Directors (namely, Shri P. K. Mallik, Chairman & Shri B. P. Bajoria) and Shri S.K. Parik, Director & Secretary, is the other member. This Committee specifically looks into redressal of Shareholders' and Investors' complaints with a primary objective to improve investor relations and had met thrice during the financial year 2007-08.
a) POSITION AS ON 31ST MARCH, 2008 OF THE SHAREHOLDERS' COMPLAINTS RECEIVED & REDRESSED DURING THE FINANCIAL YEAR
Nature of
Grievances
|
Complaints received from |
Total
complaints
received
during
2007-08 |
Total
redressed |
No. of
grievances
outstanding
as on
31.3.2008 |
Investors
directly
|
Stock
Exchanges |
SEBI |
ROC |
Non-receipt of
Dividend/Interest/
Redemption warrant(s) |
47 |
2 |
3 |
Nil |
52 |
52 |
Nil |
Non-receipt of
Share/ Debenture
certificate(s) |
8 |
Nil |
1 |
Nil |
9 |
9 |
Nil |
Non-Receipt of
Duplicate share/
debenture certificate(s) |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Demat related
grievance(s) |
9 |
Nil |
Nil |
Nil |
9 |
9 |
Nil |
Non-receipt of
Annual Report(s) |
10 |
Nil |
Nil |
Nil |
10 |
10 |
Nil |
| TOTAL |
74 |
2 |
4 |
Nil |
80 |
80 |
Nil |
b) NUMBER OF PENDING COMPLAINTS AS AT 31.03.2008 : NIL
Shri S. K. Parik, Director & Secretary, is the "Compliance Officer" of the Company for compliance of the requirements under the Listing Agreements with the Stock Exchanges.
F. GENERAL BODY MEETINGS :
i) DETAILS OF ANNUAL GENERAL MEETINGS (AGMs) :
| AGMs |
Date of AGMs |
Location |
Time |
| AGM(86th) |
30th June, 2005 |
Kolkata |
10.30 A.M. |
| AGM(87th) |
29th June, 2006 |
Kolkata |
10.30 A.M. |
| AGM(88th) |
29th June, 2007 |
Kolkata |
11.00 A.M. |
