Atul Auto - Announcements

Approval to acquire equity shares of Khushbu Auto Finance Limited whereby making it Wholly Owned Subsidiary

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ATUL Auto Limited hereby inform that the Board of Directors has at its meeting held on 30th October 2020 approved to acquire 70% of the equity share capital of Khushbu Auto Finance Limited (“KAFL”) whereby making it Wholly Owned Subsidiary subject to required regulatory approval. Currently, the Company holds 30% of the equity share capital of KAFL.

Please Click here to get brief details about the approved acquisition, as required under SEBI Circular dated September 09, 2015.

Voting Results of 32nd Annual General Meeting along with the Scrutinizer’s Report

With reference of above mention subject, we are enclosing herewith the details of Voting Results (remote e-voting and e-voting during the AGM) of 32nd Annual General Meeting (“AGM”) of the Company held on September 29, 2020 at 03:00 pm (IST) through VC/OAVM, in compliance with the relevant provisions of the Companies Act, 2013 read with the Rules made thereunder and in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in the format prescribed under Regulation 44(3) of the SEBI (LODR) Regulations, 2015 with Scrutinizer’s Report Pursuant to section 109 of the Companies Act, 2013 and rule 21(2) of the Companies (Management and Administration) Rules, 2014. Please Click here to view the Voting Results along with the Scrutinizer’s Report.

Proceedings of 32nd Annual General Meeting

Thirty Second Annual General Meeting (AGM) of the Company was held on Tuesday, September 29, 2020 at 03:00 p.m. (IST) through Video Conference (“VC”)/Other Audio Visual Means (“OAVM”) without physical presence of the members at the common venue in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. All the items of business contained in the Notice of 32nd AGM were transacted. Click Here to view the proceedings.

Closure of Trading Window for September 2020 Quarter

In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from Thursday, October 01, 2020 till 48 hours after the declaration of unaudited financial results for the quarter and half year ending on September 30, 2020. The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Analyst -- Investor Meet

Mr. Neeraj J Chandra, Whole-time Director (DIN: 00065159) and Mr. J V Adhia, President – Finance of the Company is going to meet Analyst/s of Laburnum Capital at 04.00 pm on September 26, 2020 through Video Conference.