MAHINDRA & MAHINDRA LIMITED
Proposal 1
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2020 AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
Caisse vote:
For
Applicable policy or principle:
PR_03
Proposal 2
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2020 AND THE REPORT OF THE AUDITORS THEREON
Caisse vote:
For
Applicable policy or principle:
PR_03
Proposal 3
DECLARATION OF DIVIDEND ON ORDINARY (EQUITY) SHARES: YOUR DIRECTORS ARE PLEASED TO RECOMMEND A DIVIDEND OF RS. 2.35 PER ORDINARY (EQUITY) SHARE OF THE FACE VALUE OF RS. 5 EACH ON THE SHARE CAPITAL, PAYABLE TO THOSE SHAREHOLDERS WHOSE NAMES APPEAR IN THE REGISTER OF MEMBERS AS ON THE BOOK CLOSURE DATE. DIVIDEND IS SUBJECT TO APPROVAL OF MEMBERS AT THE ENSUING ANNUAL GENERAL MEETING AND SHALL BE SUBJECT TO DEDUCTION OF TAX AT SOURCE. THE EQUITY DIVIDEND OUTGO FOR THE FINANCIAL YEAR 2019-20 WOULD ABSORB A SUM OF RS. 292.15 CRORES [AS AGAINST RS. 1,187.35 CRORES COMPRISING THE DIVIDEND OF RS. 8.50 PER ORDINARY (EQUITY) SHARE OF THE FACE VALUE OF RS. 5 EACH ON THE ENHANCED SHARE CAPITAL AND TAX THEREON PAID FOR THE PREVIOUS YEAR]. FURTHER, THE BOARD OF YOUR COMPANY DECIDED NOT TO TRANSFER ANY AMOUNT TO THE GENERAL RESERVE FOR THE YEAR UNDER REVIEW
Caisse vote:
For
Applicable policy or principle:
PR_03
Proposal 4
APPOINTMENT OF A DIRECTOR IN PLACE OF ANAND G. MAHINDRA (DIN: 00004695), WHO RETIRES BY ROTATION AND, BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
Caisse vote:
For
Applicable policy or principle:
PR_05_01
Proposal 5
RATIFICATION OF REMUNERATION PAYABLE TO MESSRS D. C. DAVE & CO., COST ACCOUNTANTS (FIRM REGISTRATION NO.000611), APPOINTED AS THE COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2021
Caisse vote:
For
Applicable policy or principle:
PR_06
Proposal 6
RE-DESIGNATION OF PAWAN GOENKA (DIN: 00254502), AS "MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER" WITH EFFECT FROM 1ST APRIL, 2020, REVISION IN THE REMUNERATION PAYABLE TO HIM WITH EFFECT FROM 1ST AUGUST, 2020 UPTO HIS CURRENT TERM I.E. 11TH NOVEMBER, 2020 AND HIS RE-APPOINTMENT AS "MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER" OF THE COMPANY WITH EFFECT FROM 12TH NOVEMBER, 2020 TO 1ST APRIL, 2021
Caisse vote:
For
Applicable policy or principle:
PR_05_01
Proposal 7
APPOINTMENT OF ANISH SHAH (DIN: 02719429), AS A DIRECTOR, LIABLE TO RETIRE BY ROTATION
Caisse vote:
For
Applicable policy or principle:
PR_05_01
Proposal 8
APPOINTMENT OF DR. ANISH SHAH (DIN: 02719429), AS WHOLE-TIME DIRECTOR DESIGNATED AS "DEPUTY MANAGING DIRECTOR AND GROUP CHIEF FINANCIAL OFFICER" FROM 1ST APRIL, 2020 TO 1ST APRIL, 2021 AND AS THE MANAGING DIRECTOR OF THE COMPANY DESIGNATED AS "MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER" WITH EFFECT FROM 2ND APRIL, 2021 TO 31ST MARCH, 2025
Caisse vote:
For
Applicable policy or principle:
PR_05_01
Proposal 9
APPOINTMENT OF RAJESH JEJURIKAR (DIN: 00046823), AS A DIRECTOR, LIABLE TO RETIRE BY ROTATION
Caisse vote:
For
Applicable policy or principle:
PR_05_01
Proposal 10
APPOINTMENT OF MR. RAJESH JEJURIKAR (DIN: 00046823), AS WHOLE-TIME DIRECTOR DESIGNATED AS "EXECUTIVE DIRECTOR (AUTOMOTIVE AND FARM SECTORS)" FOR A PERIOD OF 5 YEARS WITH EFFECT FROM 1ST APRIL, 2020 TO 31ST MARCH, 2025
Caisse vote:
For
Applicable policy or principle:
PR_05_01
Proposal 11
APPOINTMENT OF CP GURNANI (DIN: 00018234), AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR
Caisse vote:
For
Applicable policy or principle:
PR_05_01