MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

184 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 7. Disclosure in relation to recommendation made by any Committee which was not accepted by the Board: During the year under review, there were no such recommendations made by any Committee of the Board that were mandatorily required and not accepted by the Board. 8. Particulars of loans/advances/investments pursuant to Para A of Schedule V of the Listing Regulations: The particulars of loans/advances/investments required to be disclosed pursuant to Para A of Schedule V of the Listing Regulations are furnished separately in the Annual Report. 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 Web link for webcast/ transcripts 2019* 7 th August, 2019 3:00 p.m. 1. Re-appointment of Dr. Vishakha N. Desai (DIN: 05292671), 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 (DIN: 00041197), 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 himwith 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. https://www.mahindra. com/investors/reports- and-filings?year=2020- 2021&category=&tab=tabs- 2#show-secretarial-reports 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. 2021*** 6 th August, 2021 3:00 p.m. 1. Re-appointment of Mr. T. N. Manoharan (DIN: 01186248) as an Independent Director of the Company, not liable to retire by rotation, to hold office for a second term of 5 (five) consecutive years commencing from 11 th November, 2021 to 10 th November, 2026. https://www.mahindra. com/investors/reports- and-filings?year=2021- 2022&category=&tab=tabs- 2#show-secretarial-reports 2. Payment of remuneration to Mr. Anand G. Mahindra (DIN: 00004695) as a Non-Executive Chairman of the Company for a period of 5 (five) years with effect from 12 th November, 2021. * The Meeting was held at Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg (New Marine Lines), Mumbai – 400 020. ** I n 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 SEBI’s 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”). *** I n 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 read with MCA General Circular No. 02/2021 dated 13 th January, 2021, and SEBI’s Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated 12 th May, 2020, read with SEBI Circular No. SEBI/HO/CFD/ CMD2/CIR/P/2021/11 dated 15 th January, 2021, 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 AGMs of the Company held in the year 2020 and 2021 were deemed to have been conducted at the Registered Office of the Company being the deemed venue of the AGM. No Extraordinary General Meeting was held during the past 3 years. No Special Resolution(s) requiring a Postal Ballot is being proposed at the ensuing AGM of the Company. No Postal Ballot was conducted during the Financial Year 2021-22.