Andhra Pradesh State Kapu Welfare and Development Corporation


A.P.State Kapu Welfare and Development Corporation Ltd Nomination of new incumbents as subscribers in place of the existing nominee shareholders , orders were issued nominating the following  officials as Signatories to the Memorandum of Association & Articles of Association to the A.P.State Kapu Welfare and Development Corporation Ltd., :-

  1. Sri K.Praveen Kumar, Secretary to Government, Backward Classes Welfare Department.
  2. Sri C.S.S.V.Durga Prasad, Secretary to Government, Law Department.
  3. Hema Munivenkatappa, IA & AS., Special Secretary to Government, Finance Department
  4. Sri K.Harsha Vardhan, IAS., Director, Backward Classes Welfare, P., Hyderabad.
  5. Sri A.Krishna Mohan, Additional Director, Backward Classes Welfare, P., Hyderabad.
  6. Smt G.Raja Pushpa, Deputy Secretary to Government, Backward Classes Welfare Department.
  7. Sri R.Srinivasa Rao, Section Officer, Backward Classes Welfare Department.

Managing Director, A.P.State Kapu Welfare and Development Corporation Limited has submitted that, the Corporation was incorporated as Company under sub-section (2) of Section 7 of the Companies Act, 2013 by the Registrar of Companies, Hyderabad on 4.11.2015 with the above Officers as Shareholders of the Company. The Managing Director, A.P.State Kapu Welfare and Development Corporation Ltd., has further submitted that the Board of Directors of the Corporation at their 1st meeting held on 28.11.2015 vide resolution No.10 have resolved and allotted 40,00,000 (Forty Lakhs) Equity shares at Rs.10/- each to the following subscribers.

Sl.

No.

Name of the Subscriber No. of Equity

Shares allotted

1 Govt. of Andhra Pradesh represented by Sri K.Praveen Kumar, Principal Secretary to Government, Backward Classes Welfare Department 39,99,400
2 Sri C.S.S.V.Durga Prasad, Law Secretary to Government 100
3 Ms.Hema Munivenkatappa, IA & AS, Special Secretary to Government, Finance Department 100
4 Sri K.Harshavardhan, IAS., Director, Backward Classes Welfare, A.P., Hyderabad. 100
5 Sri A.Krishna Mohan, Additional Director, Backward Classes Welfare, A.P., Hyderabad. 100
6 Smt G.Raja Pushpa, Deputy Secretary to Government, Backward Classes Welfare Department 100
7 Sri R.Srinivasa Rao, Section Officer, Backward Classes Welfare Department 100

The Managing Director, A.P.State Kapu Welfare and Development Corporation Ltd., Vijayawada has further submitted that, since there is change in the subscribers owing to transfers etc., the Board of Directors of the Corporation at their 2nd, 5th and 7th meetings have resolved to consider and approved the transfer of Equity shares of Rs.10/- each from the former subscribers to the new incumbents as follows:

 

Sl.

No.

Name of the Subscriber Name of the New Incumbent No. of equity shares allotted
1 Sri      A.Krishna       Mohan,

Addl.Director, BC Welfare

Dr.R.Amarendra            Kumar,

Managing Director, APSKWDCL

100
2 Govt., of Andhra Pradesh represented by Sri K.Praveen Kumar, IAS., Prl.Secretary to Govt., BC

Welfare Dept.,

Govt., of Andhra Pradesh represented by Sri G.Anantha Ramu, IAS., Prl.Secretary to

Govt., BC Welfare Dept.,

39,99,400
3 Sri R.Srinivasa Rao, Section

Officer,              B.C.Welfare

Department

Sri K.Siva Sankara Rao, Section Officer, B.C.Welfare

Department

100

Therefore, the Managing Director, APSKWDC Ltd., has requested the Govt., to issue amendment to the G.O.Rt.No.159, B.C.Welfare Dept., Dated.08.09.2015 nominating the above new incumbents in the place of former officers as subscribers to the Corporation while considering the acceptance of the Board of Directors of APSKWDC Ltd., Vijayawada at their 2nd, 5th & 7th meeting held on 30.03.2016, 23.09.2016 and 24.01.2017 respectively.

Government, after examination of the matter and decided to nominate the new incumbents as subscribers in place of the existing share holders to the A.P.State Kapu Welfare and Development Corporation Ltd.,

Accordingly, in partial modification of the orders issued in the , Government hereby nominate the following new incumbents as subscribers in place of the existing nominee shareholders to the A.P.State Kapu Welfare and Development Corporation Ltd.,

Sl.

No.

Name of the Subscriber Name of the New Incumbent
1 Sri            A.Krishna            Mohan,

Addl.Director, BC Welfare

Dr.R.Amarendra Kumar, Managing Director, APSKWDCL
2 Govt., of Andhra Pradesh represented by Sri K.Praveen Kumar, IAS., Prl.Secretary to

Govt., BC Welfare Dept.,

Govt., of Andhra Pradesh represented by Sri G.Anantha Ramu, IAS., Prl.Secretary to

Govt.,(FAC) BC Welfare Dept.,

3 Sri R.Srinivasa Rao, Section Officer, B.C.Welfare Department Sri K.Siva Sankara Rao, Section Officer, B.C.Welfare Department

The Managing Director, A.P.State Kapu Welfare and Development Corporation Ltd., Vijayawada shall take necessary further action in the matter.


About Pavan

Advocate, Journalist and Founder of Telangana Navanirmana Sena From Mahabubnagar, 9502200072, India Email Me -- pavan@tgnns.com

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