You are on page 1of 4

SOLARIG GENSOL UTILITIES PRIVATE LIMITED

Regd. Off.:- 108, Pinnacle Business Park, Corporate Road,Near AUDA Garden, Prahladnagar, Ahmedabad
CIN - U74120GJ2015FTC082558 Email ID accounts@solariggensol.com

NOTICE

NOTICE is hereby given that 2nd Extra-ordinary General Meeting of the Members of
SOLARIG GENSOL UTILITIES PRIVATE LIMITED (Company) will be held on Monday 14 th
September, 2015 at the Companys Registered Office at 108, Pinnacle Business Park,
Corporate Road, Near AUDA Garden, Prahladnagar, Ahmedabad-380015 at 5.00 P.M. to
transact the following business:

ITEM NO. 1:- INCREASING AUTHORIZED CAPITAL FROM RS. 32,00,000/- TO


RS. 62,00,000/-

To consider and if thought fit, to pass with or without modification(s) the following resolution
as a Special Resolution:

RESOLVED THAT pursuant to Sections 61 and other applicable provisions, if any, of the
Companies Act, 2013, and subject to the approval of the shareholders, Members of the
Company Board hereby given assent to approves the increase in the Authorised Share
Capital of the Company from Rs. 32,00,000/= (Rupees Thirty Two Lakhs Only) divided into
3,20,000 (Three Lakhs Twenty Thousand) Equity shares of Rs. 10/= (Rupees Ten Only)
each to Rs. 62,00,000 (Rupees Sixty Two Lakhs Only) divided into 6,20,000 (Six Lakhs
Twenty Thousand only) equity shares of Rs. 10/= (Rupees Ten only) with a power of
Company to increase, reduce or modify the authorized share capital and to divide all or any
of the shares in the authorized share capital and to divide all or any of the shares in the
authorized share capital of the company, for the time being, and to classify and reclassify
such shares from shares of one class into shares of other class or classes and to attach
hereto respectively such preferential, deferred, qualified or other special rights, privileges,
conditions or restrictions as may be determined by the company in accordance with the
Articles of Association of the company and to vary, modify or abrogate any such rights,
privileges, conditions or restrictions, in such a manner and by such persons as may, for the
time being, be permitted under the provisions of the Articles of Association of the company or
legislative provisions for the time being in force in that behalf.

RESOLVED FURTHER THAT the Memorandum of Association of the Company be and is


hereby altered by substituting the existing Clause V thereof by the following Clause V:

V. The Authorised Share Capital of the Company Rs. 62,00,000/- (Rupees Sixty
Two Lakhs Only) divided into 6,20,000 (Six Lakhs Twenty Thousand only) equity
shares of Rs. 10/- (Rupees Ten Only) each with a power of Company to increase,
reduce or modify the authorised share capital and to divide all or any of the shares
in the authorized share capital of the Company, for the time being, and to classify
and reclassify such shares from shares of one class into shares of other class or
classes and to attach thereto respectively such preferential, deferred, qualified or
special rights, privileges conditions or restrictions as may be determined by the
Company in accordance with the Articles of Association of the Company and to vary,
modify, or abrogate any such rights, privileges conditions or restrictions, in such a
manner and by such persons as may, for the time being, be permitted under the
provisions of the Articles of Association of the company or legislative provisions for
the time being in force in that behalf.

RESOLVED FURTHER THAT the Articles of Association of the Company be and are
hereby altered by substituting the existing Clause 4.1 thereof by the following Clause 4.1:
4.1 Shareholdings allotment and issue of Shares
The authorised share capital of the Company is SIX MILLION TWO HUNDRED THOUSAND
Indian Rupees (INR 6,200,000.00) divided into 620,000 Equity Shares of Rs 10/- each. with
the power to the with a power of Company to increase, reduce or modify the authorised
share capital and to divide all or any of the shares in the authorized share capital of the
Company, for the time being, and to classify and reclassify such shares from shares of one
class into shares of other class or classes and to attach thereto respectively such
preferential, deferred, qualified or special rights, privileges conditions or restrictions as may
be determined by the Company in accordance with the Articles of Association of the
Company and to vary, modify, or abrogate any such rights, privileges conditions or
restrictions, in such a manner and by such persons as may, for the time being, be permitted
under the provisions of the Articles of Association of the company or legislative provisions
for the time being in force in that behalf.

RESOLVED FURTHER THAT the Board of Director of the Company be and is hereby
authorized to do such act thing matter in connection with increasing authorized capital of the
Company including have power to modified or clarifying any doubt in this matter.

Date: 04.09.2015
Place: Ahmedabad By order ofOn Behalf of
the Board of Director
For, SOLARIG GENSOL UTILITIES PVT. LTD.
Regd. Office
108, Pinnacle Business Park,
Corporate Road, PUNEET SINGH JAGGI
Near AUDA Garden, Prahladnagar, DIRECTOR
Ahmedabad-380015 [DIN: 02479868]

Notes
Amemberentitledtoattendandvoteisentitledtoappointaproxytoattendandvoteon
his/herbehalfandtheproxyneednotbeamemberofthecompany.Pursuanttothe
provisionsofSection105oftheCompaniesAct,2013,apersoncanactasaproxyon
behalf of not more than fifty members and holding in aggregate not more than ten
percent of the total Share Capital of the Company. Members holding more than ten
percentofthetotalShareCapitaloftheCompanymayappointasinglepersonasproxy,
whoshallnotactasaproxyforanyotherMember.TheinstrumentofProxy,inorderto
beeffective,shouldbedepositedattheRegisteredOfficeoftheCompany,dulycompleted
andsigned,notlaterthan48hoursbeforethecommencementofthemeeting.AProxy
Form is annexed to this Report. Proxies submitted on behalf of limited companies,
societies,etc.,mustbesupportedbyanappropriateresolution/authority,asapplicable;
A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO APPOINT
PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND A PROXY NEED
NOT BE A MEMBER OF THE COMPANY. PROXIES IN ORDER TO BE VALID AND
EFFECTIVE MUST BE RECEIVED BY THE COMPANY AT ITS REGISTERED
OFFICE NOT LESS THAN FORTYEIGHT HOURS BEFORE COMMENCEMENT OF
THE MEETING.

MEMBERS/PROXIES ARE REQUESTED TO BRING ALONG WITH THEM THE


PROOF OF THEIR SHARE HOLDING, PREFERABLY IN ORIGINAL, SO AS TO
ENABLE THE COMPANY TO UPDATE ITS REGISTER OF MEMBERS. YOUR
ACTIVE CO-OPERATION IS SINCERELY SOLICITED.
AN EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE
COMPANIES ACT, 2013, IN RESPECT OF THE SPECIAL BUSINESS IS ANNEXED
HERETO AND FORMS PART OF THE NOTICE.

SOLARIG GENSOL UTILITIES PRIVATE LIMITED


Regd. Off.:- 108, Pinnacle Business Park, Corporate Road, Nr. AUDA Garden, Prahladnagar, Ahmedabad
CIN - U74120GJ2015FTC082558 Email ID accounts@solariggensol.com

EXPLANATORY STATEMENT PURSUANT TO PROVISIONS OF SECTION 102 OF THE


COMPANIES ACT, 2013

ITEM NO.1:

To need of fund; the Company is in urgent need of equity infusion, and is therefore proposing
to raise further capital. However, since the paid - up capital of the Company has already
reached at par, practically, with the Authorized Share Capital of the Company; in order to
issue further shares to the Shareholders, the Company must first increase its authorized
share capital.

Hence the board of directors of the Company (Board), vide its resolution dated September
04th, 2015 has proposed to increase the authorised share capital of the Company. Pursuant
to Sections 61(1)(a) and 64(1)(a) of the Companies Act, 2013, the shareholders of the
Company must accord their consent to the proposed increase in the authorised share
capital. The Board therefore seeks approval for the same.

In order to reflect the increase authorised share capital of the Company, and in order to
conform to the requirements of the Companies Act, 2013, Clause V the Memorandum of
Association of the Company must be amended.

A draft of the amended Memorandum of Association with the following Clause V shall be
Tabled and initialed for discussion:

V. The Authorised Share Capital of the Company Rs. 62,00,000/- (Rupees Sixty Two Lakhs
Only) divided into 6,20,000 (Six Lakhs Twenty Thousand only) equity shares of Rs. 10/-
(Rupees Ten Only) each with a power of Company to increase, reduce or modify the
authorised share capital and to divide all or any of the shares in the authorized share capital
of the Company, for the time being, and to classify and reclassify such shares from shares of
one class into shares of other class or classes and to attach thereto respectively such
preferential, deferred, qualified or special rights, privileges conditions or restrictions as may
be determined by the Company in accordance with the Articles of Association of the
Company and to vary, modify, or abrogate any such rights, privileges conditions or
restrictions, in such a manner and by such persons as may, for the time being, be permitted
under the provisions of the Articles of Association of the company or legislative provisions
for the time being in force in that behalf.
In order to reflect the increase authorised share capital of the Company, and in order to
conform to the requirements of the Companies Act, 2013 the Articles of Association of the
Company must be amended and restated.

A draft of the amended and restated Articles of Association shall be tabled for discussion.

4.1 Shareholdings allotment and issue of Shares

The authorised share capital of the Company is SIX MILLION TWO HUNDRED THOUSAND
Indian Rupees (INR 6,200,000.00) divided into 620,000 Equity Shares of Rs 10/- each. with
the power to the with a power of Company to increase, reduce or modify the authorised
share capital and to divide all or any of the shares in the authorized share capital of the
Company, for the time being, and to classify and reclassify such shares from shares of one
class into shares of other class or classes and to attach thereto respectively such
preferential, deferred, qualified or special rights, privileges conditions or restrictions as may
be determined by the Company in accordance with the Articles of Association of the
Company and to vary, modify, or abrogate any such rights, privileges conditions or
restrictions, in such a manner and by such persons as may, for the time being, be permitted
under the provisions of the Articles of Association of the company or legislative provisions
for the time being in force in that behalf.

As Per Section 13 of Companies Act, 2013, the alteration of the memorandum of association
of the Company requires the approval of shareholders. The Board now seeks the approval of
shareholders for the same

SaveandexceptMr.PuneetSinghJaggiandAnmolSinghJaggiandhisrelatives,none
of theother Directors, Key Managerial Personnel or their relatives are, inany way,
concernedorinterested,financiallyorotherwise,intheaboveResolution

Date: 04.09.2015
Place: Ahmedabad By orderOn Behalf of
the Board of Dirctor
For Solarig Gensol Utilities Pvt. Ltd.

PUNEET SINGH JAGGI


DIRECTOR
[DIN: 02479868]