61^ST ANNUAL GENERAL MEETING

NOTICE

Notice is hereby given that 61st  Annual General Meeting of the Council will be held on Wednesday, 30th September, 2015 at 2.30 P.M. in the Panorama Hall, The Ambassador Hotel, Veer Nariman Road, Churchgate, Mumbai 400 020, to transact the following:

1. To receive and adopt the Annual Report of the Committee of Administration for 2014-2015 as required under Article 34.2. of the Articles of Association of the Council.
2. To receive and adopt the Audited Balance Sheet as on 31st March 2015 and Income and Expenditure Account for the year ended on that day together with Committee's Report thereon.

NB: Any member desirous of asking question on the accounts at the meeting is required to give notice in writing to the Executive Director at or before 5.30 p.m. on Wednesday, 23rd September, 2015.

3. To elect a member to the Committee of Administration in place of Shri Rakesh Mehra (Manufacturer) who retires by rotation and is eligible for re-election.
4. To elect a member to the Committee of Administration in place of Shri  Manoj Agarwal (Manufacturer) who retires by rotation and is eligible for re-election.
5. To elect a member to the Committee of Administration in place of Shri Sanjeev Saran (SSI) who retires by rotation and is eligible for re-election.
6. To elect a member to the Committee of Administration in place of Shri P.K. Sadh (Status Holder) who retires by rotation and is eligible for re-election.
7. To elect a member to the Committee of Administration in place of Shri Anil Rajvanshi (Status Holder) who retires by rotation and is eligible for re-election.
8. To elect a member to the Committee of Administration in place of Shri G.K. Gupta (Merchant Exporter) who retires by rotation and is eligible for re-election.
9. To elect a member to the Committee of Administration in place of Shri Pankaj Tibrewal (Merchant Exporter) who retires by rotation and is eligible for re-election.
10. To elect a member to the Committee of Administration in place of Shri Punkajj Lath (Merchant Exporter) who retires by rotation and is eligible for re-election.
11. To appoint Auditors from the conclusion of the meeting until the conclusion of the next Annual General Meeting and to fix their remuneration.
12. Special Business

1. To consider and if thought fit to pass with or without modification the following as an ordinary Resolution:

"RESOLVED THAT THE EXPENDITURE INCURRED IN EXCESS OF THE BUDGET ESTIMATES FOR THE YEAR 2014-2015 IN RESPECT OF CERTAIN HEADS AS MENTIONED IN ANNEXURE 'A' OF THE REPORT OF THE COMMITTEE OF ADMINISTRATION BE AND IS HEREBY CONFIRMED AND SANCTIONED".

2. To consider and amend the Article of Association of the Council with or without modification as a Special Resolution.

“RESOLVED THAT PURSUANT TO THE PROVISIONS OF SECTION 14 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT 2013 (INCLUDING ANY AMENDMENTS THERE TO OR RE-ENACTMENT THEREOF) AND FTP 2015-20, THE ARTICLES OF ASSOCIATION OF THE COUNCIL IS REQUIRED TO BE AMENDED.”

E-VOTING facility is provided by the Council through National Securities Depository Limited (NSDL). (Details for remote e-voting is given as Annexure).

                                                                                                        By Order of the Committee of Administration

                                                                                                                                        Sd/-

                                                                                                                               V. ANIL KUMAR

                                                                                                              EXECUTIVE DIRECTOR CUM SECRETARY

Registered Office:

Resham Bhavan'

78, Veer Nariman Road

Mumbai 400 020

Dated:  20th July, 2015

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT 2013.

ITEM NO. 12

SPECIAL BUSINESS

Sr. No. (i)

Though the total expenditure is less than the Budget Estimates, there is a small excess expenditure under certain heads over the budgeted provisions.  These have been mentioned in Annexure `A’ to the report of the Committee of Administration.  The excess may be confirmed and sanctioned.

Sr. No. (ii)

Amendment in Article of Association is required to give effect to the provisions of Companies Act 2013 and as per Foreign Trade Policy (FTP) 2015-20.

The Committee recommends to the members to pass the Resolutions mentioned in Item No. 12.

                                                                                     By Order of the Committee of Administration

                                                                                                                   Sd/-

                                                                                                            V. ANIL KUMAR

                                                                                        EXECUTIVE DIRECTOR CUM SECRETARY

Registered Office:'Resham Bhavan', 78, Veer Nariman Road, Mumbai 400 020

Dated:  20th July, 2015

"Any Member wish to see the amended articles can see the Article (Hard Copy) at our HQ (Mumbai)"

ANNEXURE TO THE NOTICE

DETAILS FOR REMOTE E-VOTING for SRTEPC ANNUAL GENERAL MEETING:

1. Pursuant to provisions of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended by the Companies (Management and Administration) Amendment Rules, 2015 and Clause 35B of the Listing Agreement, the Council is pleased to provide members facility to exercise their right to vote at the Annual General Meeting (AGM) by electronic means and the business may be transacted through e-Voting Services. The facility of casting the votes by the members using an electronic voting system from a place other than venue of the AGM (“remote e-voting”) will be provided by National Securities Depository Limited (NSDL).
2. The Council has approached NSDL for providing e-voting services through our e-voting platform. In this regard, your SRTEPC Membership Number has been enrolled by the Council for your participation in e-voting on resolution placed by the Council on e-Voting system.
3. The Notice of the Annual General Meeting of the Council inter alia indicating the process and manner of e-voting uploaded on Council website (www.srtepc.org).
4. The e-voting period commences on 27^th September, 2015 (10:00 am) and ends on 29^th September, 2015 (5:00 pm). During this period Members of the Council, may cast their vote electronically. The remote e-voting module shall also be disabled for voting thereafter. Once the vote on a resolution is cast by the Members, the Members shall not be allowed to change it subsequently.
5. The facility for voting through remote e-voting shall also be made available at the AGM venue and the members attending the meeting who have not cast their vote by remote e-voting shall be able to exercise their right at the meeting through remote e-voting.
6. A member may participate in the AGM even after exercising his right to vote through remote e-voting but shall not be allowed to vote again at the AGM venue.