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Standalone Cash Flow Statement 59
Notes on Standalone Financial Statements 60
Consolidated Independent Auditors Report 94
Consolidated Balance Sheet 100
Consolidated Statement of Profit & Loss 101
Consolidated Cash Flow Statement 105
Notes on Consolidated Financial Statements 107
Form AOC - 1 154
Notice 02
Boards Report 09
Extract of Annual Return 17
Annual Report on CSR Activities 27
Report on Corporate Governance 28
Secretarial Audit Report 47
Standalone Independent Auditors Report 49
Standalone Balance Sheet 56
Statement of Standalone Profit & Loss 57
CIN : L15491WB1997PLC082808
BOARD OF DIRECTORS
Mr. Chandra Kumar Dhanuka, Chairman
Mrs. Aruna Dhanuka, Managing Director & CEO
Mr. Purushottam Jagannath Bhide
Mr. Mrigank Dhanuka
Mr. Brijesh Kumar Biyani
Mr. Ramesh Kumar Chandak
Mr. Raj Vardhan Kejriwal
Mr. Amit Gupta
CHIEF FINANCIAL OFFICER
Mr. Pawan Kumar Lath
COMPANY SECRETARY & COMPLIANCE OFFICER
Ms. Priya Agarwal
BANKERS
State Bank of India
HDFC Bank
STATUTORY AUDITORS
U S Agarwal & Associates
Chartered Accountants
REGISTERED OFFICE
Dhunseri House
4A, Woodburn Park, Kolkata 700 020
Phone: 2280-1950 (5 Lines); Fax: 91-33-2287 8995
E-mail: [email protected]
Website: www.dhunseriinvestments.com
REGISTRARS & SHARE TRANSFER AGENTS
Maheshwari Datamatics Pvt. Ltd.
CIN: U20221WB1982PTC034886
23, R. N. Mukherjee Road, 5th Floor, Kolkata 700 001
Phone: 2243-5029, 2248-2248
Fax: 91-33-2248 4787, E-mail: [email protected]
SUBSIDIARY COMPANY
M/s Dhunseri Ventures Limited
(Formerly known as Dhunseri Petrochem Limited)
(CIN: L15492WB1916PLC002697)
SECRETARIAL AUDITORS
M Shahnawaz & Associates
Practicing Company Secretaries
ASSOCIATE COMPANY
M/s Dhunseri Tea & Industries Ltd.
(CIN: L15500WB1997PLC085661)
M/s. Dhunseri Overseas Private Limited
(CIN: U74999WB2016PTC217771)
23RD ANNUAL GENERAL MEETING
Friday, 25th September, 2020 at 11:30 A.M.
DHUNSERI INVESTMENTS LIMITED
TABLE OF CONTENTSTABLE OF CONTENTS
INTERNAL AUDITOR
Damle Dhandhania & Co.
Chartered Accountants
Dhunseri Investments Limited
DHUNSERI INVESTMENTS LIMITED
02
By Order of the Board
For Dhunseri Investments Limited
Priya Agarwal
Company Secretary & Compliance Officer
ACS 38800
Place: Kolkata
Date: 28th July, 2020
Notice
NOTICE is hereby given that the 23rd Annual General Meeting (AGM) of the Members of DHUNSERI INVESTMENTS LIMITED will
be held on Friday, 25th September, 2020, at 11:30 A.M. through Video Conferencing (VC) or other Audio Visual Means (OAVM)
to transact the following businesses:-
ORDINARY BUSINESS:
1. Adoption of the Financial Statements
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial
Year 2019-20 and the Reports of the Board of Directors and Auditors thereon.
2. Declaration of Dividend
To declare Dividend on the Equity Shares of the Company @ of ` 1.50 per Equity Share for the Financial Year ended 31st March,
2020.
3. Appointment of Director
To appoint a Director in place of Mr. Mrigank Dhanuka (DIN: 00005666), who retires by rotation and being eligible offers himself
for re-appointment.
CIN : L15491WB1997PLC082808
Dhunseri House, 4A, Woodburn Park, Kolkata 700 020
Tel : 91 033 2280 1950 (5 lines); Fax: 91 033 2287 8995
Email : [email protected]; Website : www.dhunseriinvestments.com
NOTES:
1. In view of the COVID-19 pandemic and restrictions imposed on the movement of people, the Ministry of Corporate Affairs (MCA)
vide its Circular dated 5th May, 2020 read with Circulars dated 8th April, 2020 and 13th April, 2020 (collectively referred to
as MCA Circulars) and SEBI vide its Circular dated 12th May, 2020 have permitted for holding of the AGM through Video
Conferencing (VC) / Other Audio Visual Means (OAVM), without the physical presence of the Members. Accordingly, in
compliance with the provisions of the Act, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI
Listing Regulations) and MCA Circulars, the AGM of the Company is being held through VC / OAVM.
2. Since this AGM is being held pursuant to the MCA Circulars through VC / OAVM, physical attendance of Members has been
dispensed with. Accordingly, the facility for appointment of proxies by the Members will not be available for the AGM and hence
the Attendance Slip and Proxy Form are not annexed to this Notice.
3. The Register of Members and Share Transfer Books of the Company will remain closed from Saturday, 19th September, 2020 to
Friday, 25th September, 2020 (both days inclusive).
4. Institutional Shareholders (i.e. other than Individuals, HUF, NRI etc.) are required to send scanned copy (PDF / JPG Format) of
the relevant Board Resolution / Authority Letter etc. with attested specimen signature of the duly authorized signatory(ies) who
are authorized to vote, to the Scrutinizer by e-mail to [email protected] with a copy marked to [email protected]
5. Subject to provisions of Section 126 of the Companies Act, 2013, Dividend for the Financial Year ended 31st March, 2020, as
recommended by the Board if approved at the AGM will be paid on or after Thursday, 01st October, 2020.
a) To those Members whose names appear in the Register of Members of the Company as on 25th September, 2020.
b) In respect of Shares held in Electronic Form, to those Deemed Members whose names appear on the Statements of Beneficial
Ownership furnished by National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL), at
the end of the business hours on 18th September, 2020.
Annual Report 2019-20
DHUNSERI INVESTMENTS LIMITED
03
Notice (Contd.)
6. Members holding shares in Electronic Form are hereby informed that Bank particulars registered against their respective Depository
Participants, with whom they maintain their demat accounts, will be used by the Company for the payment of dividend. The
Company or its Registrar cannot act on any request received directly from the Members holding shares in electronic form for any
change of Bank particulars or Bank mandates. Such changes are to be intimated only through the respective Depository Participants.
Members holding shares in demat form are requested to intimate any change in their address and / or bank mandate immediately
to their Depository Participants.
7. Pursuant to the Income Tax Act, 1961 (IT Act) read with the Finance Act, 2020, dividend income is taxable in the hands of
the Members with effect from April 1, 2020 and the Company is required to deduct tax at source from such dividend at the
prescribed rates. A communication providing information and detailed instructions with respect to tax on dividend for the Financial
Year ended 31st March, 2020 is being sent separately by the Company to the Members.
8. The Members who are unable to receive the dividend directly in their bank accounts through Electronic Clearing Service or any
other means, due to non-registration of the Electronic Bank Mandate, the Company shall despatch the dividend warrants to such
Members, upon normalisation of postal/courier services and other activities.
9. Members holding shares in Physical Form are requested to intimate any change of address and / or bank mandate to the Company
at the Registered Office or Companys Registrar & Share Transfer Agent, M/s. Maheshwari Datamatics Private Limited, at 23, R.
N. Mukherjee Road, 5th Floor, Kolkata - 700001.
10. The details of Director seeking appointment / re-appointment under Item no. 3 of this Notice is annexed hereto.
11. In compliance with MCA Circulars, Notice of the AGM along with the Annual Report for FY 2019-20 are being sent only through
electronic mode to those Members whose e-mail addresses are registered with the Company or NSDL/ CDSL (Depositories).
12. Members holding shares in physical mode and who have not updated their email addresses with the Company are requested to
update their email addresses by writing to the Companys Registrar and Share Transfer Agent, M/s. Maheshwari Datamatics Private
Limited at [email protected] Members are requested to submit request letter mentioning the Folio No. and Name of Shareholder
along with scanned copy of the Share Certificate (front and back) and self-attested copy of PAN card for updation of email address.
Members holding shares in dematerialised mode are requested to register / update their email addresses with their Depository
Participants.
13. Members with physical holding may also directly register their email id/update their PAN by visiting the link of the Companys
Registrar and Share Transfer Agent M/s. Mahes
