Annual report for Proseed India Ltd. for FY-2020
21-08-2020
Proseed India Ltd - 590057 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Pursuant to Regulation 30 and Regulation 33 read with Para-A of Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. July 27, 2020 has unanimously transacted the following business (s): 1. Approved and considered the Standalone Audited Financial Results of the Company for the Half Year/Year ended March 31, 2020 along with the Audit Report issued by the Statutory Auditors of the Company thereon declaring for the unmodified Opinion on Audit Report 2. Appointed Desina Balaram Krishna, Practicing Company Secretary as a Secretarial Auditor for the Financial Year 2019-20 (Annexure 1).27-07-2020
Proseed India Ltd - 590057 - Standalone Audited Financial Results Of The Company For The Half Year/Year Ended March 31, 2020
Pursuant to Regulation 30 and Regulation 33 read with Para-A of Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. July 27, 2020 has unanimously transacted the following business (s): 1. Approved and considered the Standalone Audited Financial Results of the Company for the Half Year/Year ended March 31, 2020 along with the Audit Report issued by the Statutory Auditors of the Company thereon declaring for the unmodified Opinion on Audit Report 2. Appointed Desina Balaram Krishna, Practicing Company Secretary as a Secretarial Auditor for the Financial Year 2019-20 (Annexure 1).27-07-2020
Proseed India Ltd - 590057 - Board Meeting Intimation for To Consider And Take On Record Standalone Financial Results And Financial Statements Of The Company For The Quarter And Financial Year Ended March 31, 2020.
Proseed India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2020 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 it is hereby informed that the meeting of Board of Directors is scheduled to be held on Monday 27th July, 2020 at 4. P.M at the registered Office of the Company to consider and take on record standalone financial results and financial statements of the Company for the quarter and financial year ended March 31, 2020. And to consider any other matter if any.23-07-2020
Proseed India Ltd - 590057 - Compliances-Reg.24(A)-Annual Secretarial Compliance
This is to inform you that Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirement) (Amendment) Regulations, 2018 read with SEBI Circular No. LIST/COMP/10/2019-20 dated 09.05.2019 is not applicable to the Company. Further, we would like to clarify that Proseed India Limited is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 as Corporate Governance regulations shall not apply to the listed entities having paid up equity share capital not exceeding Rs. 10 Crores and Net worth not exceeding Rs. 25 Crores as on the last day of previous financial year. The paid up equity share capital of the Company is Rs. 9,61,08,436 (Nine Crores Sixty One Lakhs Eight Thousand Four hundred and Thirty Six only) and the Net worth of the Company for the Financial year is less than Rs. 25 Crores as on the last day of the previous financial year i.e. 31St March, 2020 respectively.13-07-2020
Proseed India Ltd - 590057 - Closure of Trading Window
This is to inform you that as per the Company's Code of Conduct for Prohibition of Insider Trading framed pursuant to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Trading Window of the Company has been closed from Wednesday, July 01, 2020 till 48 hours after declaration of Financials Results of the Company for the quarter ended June 30, 2020. The date of Board Meeting to consider the Financial Results of the Company for the quarter ended June 30, 2020 will be intimated to you separately in due course.01-07-2020
Proseed India Ltd - 590057 - Corporate Insolvency Resolution Process (CIRP)-Filing of Resolution plan with Tribunal
I would like to bring to your kind notice that pursuant to Section 30 (4) of the Insolvency and Bankruptcy Code, 2016, the Committee of Creditors of the Company ('COC') has approved the resolution plan by a vote of 84.65% of the voting share of the COC, through the e-voting process concluded on March 12, 2020. In accordance with the aforesaid and pursuant to Section 30 (6) of the Insolvency and Bankruptcy Code, 2016, the undersigned has filed the Resolution plan (as approved by the COC on March 12, 2020) with the Hon'ble National Company Law Tribunal, Hyderabad Bench on June 25, 2020 for its subsequent approval thereupon.26-06-2020
Proseed India Ltd - 590057 - Closure of Trading Window
This is to inform you that, pursuant to SEBI (Prohibition of Insider Trading) Regulations 2015 and Company's Internal Code of Conduct to Regulate, Monitor and Report Trading by Directors, Promoters, Designated Employees and Specified Connected Persons of the Company the Trading Window for dealing in the securities of the Company shall remain Closed for all insiders including Designated Persons and their immediate relatives from 2nd April, 2020 and ends 48 hours after the declaration of financial results of the Company for the quarter and year ended 31st March, 2020 becomes generally available information. This is for your information and records. Thanking you,01-04-2020
Proseed India Ltd - 590057 - Notice Of Meeting Of Committee Of Creditors (Coc) Scheduled To Be Held On Friday, March 06, 2020
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR') and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule III of the LODR, we wish to inform you that the 7th meeting of Committee of Creditors of Proseed India Limited is scheduled to be convened on Friday, March 06, 2020. We request you to kindly take this in your record.04-03-2020
Proseed India Ltd - 590057 - Outcome Of The Board Meeting -Un-Audited Financial Results For The Quarter And Nine Months Ended On 31St December, 2019
1. The Un-audited Financial Results for the Quarter/Half-year ended 30th September 2019 on Standalone basis which has been reviewed by the Audit Committee pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been approved by the Board. Please find enclosed the Unaudited Financial Results for the Quarter/Nine Months ended 31st December 2019 on Standalone basis together with Limited Review of Statutory Auditors of the Company. 2. NSE has sent mail levying penalty of Rs. 70000/- plus applicable GST @18% for non-compliance of having full time company secretary as per listing company regulations. Board felt that to discuss and write to them to condone the penalty levied and exempt from appointment of Company Secretary as the Company is undergoing the Corporate Insolvency Resolution Process.13-02-2020