The 72nd Annual General Meeting of DIC India was conducted through Video Conferencing / Other Audio Visual Means on Friday, June 12, 2020. The Chairman Mr. Dipak Kumar Banerjee took the chair and conducted the proceedings of the Meeting. The Chairman addressed the shareholders and spoke about financial performance of the Company, current economic situations and its impact. The Chairman thereafter declared the copies of the audited financial statements for the year ended December 31, 2019, Board’s and Auditor’s report had been emailed to the members and that the original documents along with the Statutory Registers were available for inspection electronically. The Chairman further informed the shareholders that e-voting facility has been provided to all members to vote electronically and the same was available during the meeting as well.
Clarifications were provided to the queries raised by the members.
The company declared dividend and appointed new Director in place of Mr. Masahiro Kikuchi who retires by rotation. Mr. Partha Mitra was re-appointment as an Independent Director of the Company for a term of three years.
“DIC India completed its AGM; as I understand we are probably the second company to do a virtual AGM in India,” said Mr. Manish Bhatia, MD and CEO, DIC India. “The pandemic (COVID-19) has brought a lot of new learning and experiences and this was also new – for me; for directors and a lot of share holders. It was great to see active share holders with lot of constructive Q&A and also the cross section of share holders coming from across India. Kudos to NSDL for putting a very effective system in place,” he added.
