annual-report-FY2021

193 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 X. GENERAL BODY MEETINGS Details of General Meetings and Special Resolutions passed AGM held during the past 3 years and the Special Resolutions passed therein: Year Date Time Special Resolutions passed 2018* 7 th August, 2018 3:00 p.m. 1. Re-appointment of Mr. M. M. Murugappan as an Independent Director of the Company, not liable to retire by rotation, to hold office for a second term of two consecutive years commencing from 8 th August, 2018 to 7 th August, 2020. 2. Re-appointment of Mr. Nadir B. Godrej as an Independent Director of the Company, not liable to retire by rotation, to hold office for a second term of two consecutive years commencing from 8 th August, 2018 to 7 th August, 2020. 3. Borrow by way of securities including but not limited to secured/unsecured redeemable Non‑Convertible Debentures to be issued under Private Placement basis upto Rs. 5,000 crores. 2019* 7 th August, 2019 3:00 p.m. 1. Re-appointment of Dr. Vishakha N. Desai as an Independent Director of the Company, not liable to retire by rotation, to hold office for a second term commencing from 8 th August, 2019 to 30 th April, 2024. 2. Re-appointment of Mr. Vikram Singh Mehta as an Independent Director of the Company not liable to retire by rotation, to hold office for a second term of five consecutive years commencing from 8 th August, 2019 to 7 th August, 2024. 2020** 7 th August, 2020 3:00 p.m. 1. Re-designation of Dr. Pawan Goenka (DIN: 00254502), as “Managing Director and Chief Executive Officer” with effect from 1 st April, 2020, revision in the remuneration payable to him with effect from 1 st August, 2020 upto 11 th November, 2020 and re-appointment as “Managing Director and Chief Executive Officer” of the Company with effect from 12 th November, 2020 to 1 st April, 2021. 2. Appointment of Dr. Anish Shah (DIN: 02719429), as Whole-time Director designated as “Deputy Managing Director and Group Chief Financial Officer” from 1 st April, 2020 to 1 st April, 2021 and as the Managing Director of the Company designated as “Managing Director and Chief Executive Officer” with effect from 2 nd April, 2021 to 31 st March, 2025. 3. 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 1 st April, 2020 to 31 st March, 2025. * The above Meetings were held at Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg (New Marine Lines), Mumbai – 400 020. ** In compliance with the provisions of the Ministry of Corporate Affairs (“MCA”) General Circular No. 20/2020 dated 5 th May, 2020 read together with MCA General Circular Nos. 14 & 17/2020 dated 8 th April, 2020 and 13 th April, 2020 respectively, and Securities and Exchange Board of India (“SEBI”) Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated 12 th May, 2020, the Company conducted the AGM through Video Conferencing /Other Audio Visual Means (“VC”/“OAVM”). Further, in accordance with the Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India (“ICSI”) read with Clarification/Guidance on applicability of Secretarial Standards - 1 and 2 dated 15 th April, 2020 issued by the ICSI, the proceedings of the AGM are deemed to be conducted at the Registered Office of the Company being the deemed venue of the AGM.