Aarti Surfactants Limited — Proxy Solicitation & Information Statement 2022

Nov 15, 2022

November 15, 2022

To To Listing/Compliance Department Listing/Compliance Department

SCRIP CODE: 543210 SYMBOL: AARTISURF

BSE LTD. National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, "Exchange Plaza", Plot No. C/1, G Block, Dalal Street, Mumbai - 400001. Bandra - Kurla Complex, Bandra (E), Mumbai - 400051

Dear Sir/ Madam,

Sub: Notice of Postal Ballot

Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Please find attached the Notice of Postal Ballot dated November 05, 2022 seeking approval of the members (by remote e-voting) for Shifting of the Registered Office of the Company from the 'State of Gujarat' to the 'State of Madhya Pradesh'.

In compliance with the various MCA/SEBI circulars, Notice of Postal Ballot is being sent only through electronic mode to the members whose names appear in the Register of Members / List of Beneficial Owners and whose email ID is registered with the Company / Depositories, as on Friday, November 11, 2022 ("Cut-off Date").

The Company has engaged the services of National Securities Depository Limited ('NSDL'), for providing remote e-voting facility to all its members. The e-voting facility will be available during the following period:

Commencement of e-voting: Thursday, November 17, 2022 at 9:00 a.m.(IST) End of e-voting: Friday, December 16, 2022 at 5:00 p.m.(IST)

The Notice of Postal Ballot is also available on the Company's website at https://www.aartisurfactants.com

Please take the note of the same on your record.

Thanking You, Yours faithfully FOR AARTI SURFACTANTS LIMITED

PRIYANKA MUKESH KUMAR CHAURASIA Digitally signed by PRIYANKA MUKESH KUMAR CHAURASIA Date: 2022.11.15 16:55:21 +05'30'

PRIYANKA CHAURASIA COMPANY SECRETARY & COMPLIANCE OFFICER ICSI M NO. A44258

Regd. Office: 801, 801/23, GIDC Estate, Phase III Vapi - 396195, Valsad Gujarat Corporate Office: Unit 202, Plot 71, Udyog Kshetra, 2nd Floor, Mulund-Goregaon Link Road, Mulund (West), Mumbai - 400080 Tel: +91 2267976666; Fax: + 91 2225653234; CIN: L24100GJ2018PLC102891

Website: www.aarti-surfactants.com; E-mail: investors@aarti-surfactants.com

NOTICE OF POSTAL BALLOT (Pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014)

Dear Member(s),

NOTICE is hereby given pursuant to Section 108 and Section 110 and other applicable provisions, if any, of the Companies Act, 2013 ("Act") and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (" Rules"), as amended from time to time, read with the General Circular No.14/2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020, General Circular No.22/2020 dated June 15, 2020, General Circular No. 33/2020 dated September 28, 2020, General Circular No. 39/2020 dated December 31, 2020, General Circular No. 10/2021 dated June 23, 2021, General Circular No. 20/2021 dated December 8, 2021 and General Circular No. 3/2022 dated May 5, 2022 issued by the Ministry of Corporate Affairs ("MCA") (hereinafter collectively referred to as "MCA Circulars"), that the Resolution appended below for seeking approval of the members of the Company, is proposed to be passed through Postal Ballot ("Postal Ballot") by way of voting through electronic means ("remote e-voting").

In compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and pursuant to the provisions of Sections 108 and 110 of the Act read with the Rules and the MCA Circulars, this Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/Depositories. If your e-mail address is not registered with the Company/Depositories, please follow the process provided in the Notes to receive this Postal Ballot Notice.

An explanatory statement pursuant to Sections 102, 110 and other applicable provisions, if any, of the Act read with the Rules setting out all material facts relating to the resolution mentioned in this Postal Ballot Notice is annexed hereto.

The Board of Directors has appointed CS Sunil M. Dedhia, Practicing Company Secretary (Membership No. F3483 and Certificate of Practice No.2031), Proprietor of Sunil M. Dedhia and Co., Company Secretaries, as Scrutinizer for conducting the Postal Ballot, through the e-voting process, in a fair and transparent manner. The Scrutinizer's decision on the validity of the Postal Ballot shall be final.

The Company has engaged the services of NSDL for the purpose of providing remote e-voting facility to all its members.

The remote e-voting period commences from 9:00 a.m. (IST) on Thursday, November 17, 2022, and shall end at 05:00 p.m. (IST) on Friday, December 16, 2022. The Scrutinizer will submit his report, after the completion of scrutiny, to the Chairman of the Company or any person authorized by him. The results of the Postal Ballot will be announced within two working days from the completion of the voting period.

The said results along with the Scrutinizer's Report will be intimated to BSE Limited and National Stock Exchange of India Limited where the Equity Shares of the Company are listed. Additionally, the results will also be uploaded on the Company's website www.aarti-surfactants.com and on the website of National Securities Depository Limited ("NSDL") www.evoting.nsdl.com.

SPECIAL BUSINESS

SHIFTING OF REGISTERED OFFICE OF THE COMPANY FROM THE STATE OF GUJARAT TO THE STATE OF MADHYA PRADESH

To consider and, if thought fit, to pass the following resolution as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Section 12, 13 and other applicable provisions, if any, of the Companies Act, 2013 ("the Act") read with Companies (Incorporation) Rules, 2014 ("Rules"), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") (including any statutory modification(s) or re-enactment thereof for the time being in force) and subject to the approval Regional Director, and such other approvals, permissions and sanctions as may be required under the provisions of the Act or under any other law for the time being in force, the consent of the Members of the Company be and is hereby accorded for shifting the Registered Office of the Company from the "State of Gujarat" situated at Plot Nos. 801, 801/23, GIDC Estate, Phase III, Vapi-396 195, District Valsad, Gujarat to the "State of Madhya Pradesh" situated at Plot no 57, 58, 60 to 64, 62A, S-3/1, Sector-3, Sagore Village, Pithampur Industrial Area, District Dhar - 454775, Madhya Pradesh.

RESOLVED FURTHER THAT upon shifting of the registered office becoming effective, the existing Clause-II of the Memorandum of Association of the Company be altered and substituted with the following clause:

'II. The Registered Office of the Company will be situated in the State of Madhya Pradesh.'

RESOLVED FURTHER THAT that the Executive Directors and the Company Secretary of the Company be and are hereby severally authorised to file petition, Swearing affidavits, appear and represent the Company before the Regional Director for seeking confirmation for the proposed alteration of the situation Clause of the Memorandum of Association, issuing notices to Creditors, making newspaper publications and further authorised to appoint any Consultant, Practicing Company Secretary, Advocate/ Attorney and other professionals, as may be considered necessary and to fix their remuneration and to do all such acts, deeds, matters and things as may be deemed necessary to give effect to the aforesaid resolution including, filing necessary forms / returns with the Ministry of Corporate Affairs, finalizing and executing necessary documents, etc. as may be required, from time to time."

Registered Office:	By order of the Board
801, 801/23, GIDC Estate,
Phase III, Vapi-396 195,
Dist. Valsad, Gujarat	Sd/-
	Priyanka Chaurasia
Place: Mumbai	Company Secretary
Date: November 5, 2022	ICSI M. No. A44258

NOTES:

• 1. The Explanatory Statement pursuant to Sections 102 and 110 of the Companies Act, 2013 ("the Act") read with Rule 22 of the Companies (Management and Administration) Rules, 2014("the Rules") as amended, setting out material facts relating to the Resolution proposed to be passed is annexed hereto.
• 1. In compliance with MCA Circulars, the Postal Ballot Notice is being sent only by email to all the Members, whose names appear on the Register of Members/ List of Beneficial Owners as received from National Securities Depository Limited ('NSDL') and Central Depository Services (India) Limited ('CDSL') as on Friday, November 11, 2022 (the 'cut-off date') and who have registered their email addresses in respect of electronic holdings with the Depository through the concerned Depository Participants and in respect of physical holdings with the Company's Registrar and Share Transfer Agent, Link Intime India Private Limited ("RTA").
• 1. Members may note that the aforesaid Postal Ballot Notice has been uploaded on the website of the Company at www.aarti-surfactants.com. The Notice can also be accessed from the websites of the Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively. The Postal Ballot Notice is also disseminated on the website of NSDL (agency for providing the Remote e-Voting facility) at www.evoting. nsdl.com.
• 1. The voting rights of the Members shall be reckoned in proportion to the equity shares held by them on the cut-off date on Friday, November 11, 2022. Only those Members holding shares either in physical form or dematerialized form as on the Cut-off date will be entitled to cast their votes by remote e-voting. A person who is not a Member as on the cut-off date should treat this notice for information purposes only.
• 1. Pursuant to the applicable provisions of the Act and Rules framed thereunder and the Listing Regulations, the Company can serve notices, annual reports and other communication through electronic mode to those Members who have registered their e-mail addresses either with the Depository Participant(s) or the Company. Members who have not registered their e-mail addresses, so far, are requested to register their email addresses, in respect of electronic holdings with the Depository through their concerned Depository Participants. Members who hold shares in physical form are requested to provide their email addresses to the Link Intime India Private Limited sending an e-mail at rnt.helpdesk@linkintime.co.in or to the Company at investors@aarti-surfactants.com.
• 1. Resolution, if passed by the Members through postal ballot, would be deemed to have been duly passed on the last date specified for the remote e-voting i.e. Friday, December 16, 2022 in terms of Secretarial Standard – 2 on General Meetings ("SS-2") issued by the Institute of Company Secretaries of India. Resolution passed by Members with requisite majority, through postal ballot shall be deemed to have been passed at a general meeting of Members convened in that behalf.
• 1. A member cannot exercise his vote by proxy on a Postal Ballot.
• 1. In case of any query/grievance in connection with the Postal Ballot including remote e-voting, Members may contact NSDL by email at evoting@nsdl.co.in or to the Company at investors@aarti-surfactants.com.

VOTING THROUGH ELECTRONIC MEANS

In compliance with the provisions of Sections 108 and 110 of the Act, Rules 20 and 22 of the Rules, Regulation 44 of the Listing Regulations, Secretarial Standards-2, MCA Circulars and SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020, Listed entities are required to provide remote e-voting facility to its shareholders, in respect of all shareholders' resolutions and individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email ID in their demat accounts in order to access remote e-voting facilities. Pursuant to aforesaid SEBI Circular, login method for remote e-voting for Individual shareholders holding securities in demat mode with CDSL / NSDL is given below:

How do I vote electronically using NSDL e-Voting system?

The way to vote electronically on NSDL e-Voting system consists of "Two Steps" which are mentioned below:

Step 1: Access to NSDL e-Voting system

A. Login method for remote e-Voting and joining virtual meetings for Individual shareholders holding securities in demat mode.

Pursuant to SEBI circular no. SEBI/HO/CFD/CMD/ CIR/P/2020/242 dated December 9, 2020, on "e-Voting facility provided by Listed Companies", e-Voting process has been enabled to all the individual demat account holders, by way of single login credential, through their demat accounts / websites of Depositories / DPs in order to increase the efficiency of the voting process. Individual demat account holders would be able to cast their vote without having to register again with the e-Voting service provider ("ESP") thereby not only facilitating seamless authentication but also ease and convenience of participating in the e-Voting process.

Type of	Login Method
shareholders
Individual	1.Existing IDeAS user can visit the
Shareholders	e-ServiceswebsiteofNSDLViz.
holding	https://eservices.nsdl.comeitheron
securities in	a Personal Computer or on a mobile.
demat mode	On the e-Services home page click
with NSDL.	onthe"BeneficialOwner"icon
	under"Login"whichisavailable
	under 'IDeAS' section, this will prompt
	you to enter your existing User ID
	andPassword.Aftersuccessful
	authentication, you will be able to
	see e-Voting services under Value
	added services. Click on "Access to
	e-Voting" under e-Voting services and
	you will be able to see e-Voting page.
	Click on company name or e-Voting
	service provider i.e. NSDL and you
	will be re-directed to e-Voting website
	of NSDL for casting your vote during
	the remote e-Voting period.

1. If you are not registered for IDeAS e-Services, option to register is available at https://eservices.nsdl.com. Select "Register Online for IDeAS Portal" or click at https://eservices. nsdl.com/SecureWeb/IdeasDirectReg. jsp

• 1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting. nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon "Login" which is available under 'Shareholder/ Member' section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with NSDL), Password/ OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period.
• 1. Shareholders/Members can also download NSDL Mobile App "NSDL Speede" facility by scanning the QR code mentioned below for seamless voting experience.

IndividualShareholdersholdingsecurities indemat modewith CDSL	1.Existing users who have opted for Easi/ Easiest, they can login through theiruser id and password. Option will bemade available to reach e-Voting pagewithout any further authentication. TheURL for users to login to Easi / Easiestare https://web.cdslindia.com/myeasi/home/login or www.cdslindia.com and
	click on New System Myeasi.

1. After successful login of Easi/Easiest the user will be also able to see the E Voting Menu. The Menu will have links of e-Voting service provider i.e. NSDL. Click on NSDL to cast your vote.

	3.If the user is not registered for Easi/Easiest, option to register is availableathttps://web.cdslindia.com/myeasi/Registration/EasiRegistration
	4.Alternatively, the user can directlyaccess e-Voting page by providingdemat Account Number and PAN No.from a link in www.cdslindia.com homepage. The system will authenticate theuser by sending OTP on registeredMobile & Email as recorded in thedematAccount.Aftersuccessfulauthentication, user will be providedlinks for the respective ESP i.e. NSDLwhere the e-Voting is in progress.
Individual	Youcanalsologinusingthelogin
Shareholders	credentials of your demat account through
(holding	your Depository Participant registered with
securitiesin demat	NSDL/CDSL for e-Voting facility. uponlogging in, you will be able to see e-Voting
mode) login	option. Click on e-Voting option, you will be
through their	redirected to NSDL/CDSL Depository site
depository	after successful authentication, wherein
participants	you can see e-Voting feature. Click on
	company name or e-Voting service provideri.e. NSDL and you will be redirected toe-Voting website of NSDL for casting your
	vote during the remote e-Voting period.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e., NSDL and CDSL.

Login type	Helpdesk details
Individual Shareholdersholding securities in dematmode with NSDL	Membersfacinganytechnical issue in login cancontactNSDLhelpdeskby sending a request atevoting@nsdl.co.in or call attoll free no.: 1800 1020 990and 1800 22 44 30
Individual Shareholdersholding securities in dematmode with CDSL	Membersfacinganytechnical issue in login cancontactCDSLhelpdeskbysendingarequestathelpdesk.evoting@cdslindia.comorcontactat 022-23058738 or 022-23058542-43

B. Login Method for e-Voting for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to the NSDL e-Voting website?

• 1. Visit the e-Voting website of NSDL. Open a web browser by typing the following URL: https://www.evoting.nsdl. com either on a Personal Computer or on a mobile.
• 1. Once the home page of e-Voting system is launched, click on the icon "Login" which is available under 'Shareholders' section.
• 1. A new screen will open. You will have to enter your User ID, your Password and a Verification Code as shown on the screen.

Alternatively, if you are registered for NSDL eservices i.e. IDEAS, you can log-in at https://eservices.nsdl.com with your existing IDEAS login. Once you log-in to NSDL eservices after using your login credentials, click on e-Voting and you can proceed to Step 2 i.e. Cast your vote electronically.

1. Your User ID details are given below:

Manner of holdingshares i.e. Demat(NSDL or CDSL) orPhysical	Your User ID is:
For Members whohold shares indemat account withNSDL.	8 Character DP ID followed by8 Digit Client ID For exampleif your DP ID is IN300*** andClient ID is 12****** then youruser ID is IN30012***
For Members whohold shares indemat account withCDSL.	16 Digit Beneficiary IDFor example if your BeneficiaryID is 12************** then youruser ID is 12**************
For Membersholding shares inPhysical Form	EVEN Number followed by FolioNumberregisteredwiththecompanyFor example if EVEN is 101456and folio number is 001*** theuser ID is 101456001***

• 1. Password details for the shareholders other than Individual shareholders are given below:
  • a) If you are already registered for e-Voting, then you can use your existing password to login and cast your vote.
  • b) If you are using the NSDL e-Voting system for the first time, you will need to retrieve the 'initial password' which was communicated to you. Once you retrieve your 'initial password', you need to

enter the 'initial password' and the system will force you to change your password.

• c) How to retrieve your 'initial password'?
  • i. If your email ID is registered in your demat account or with the company, your 'initial password' is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your 'User ID' and your 'initial password.
  • ii. If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered.
• 1. If you are unable to retrieve or have not received the "Initial password" or have forgotten your password:
  • a) Click on "Forgot User Details/Password?"(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.
  • b) Click on "Physical User Reset Password?" (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.
  • c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.co.in mentioning your demat account number/folio number, your PAN, your name and your registered address.
  • d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.
• 1. After entering your password, tick on Agree to "Terms and Conditions" by selecting on the check box.
• 1. Now, you will have to click on "Login" button.
• 1. After you click on the "Login" button, Home page of e-Voting will open.

Step 2: Cast your vote electronically on NSDL e-Voting system.

How to cast your vote electronically on the NSDL e-Voting system?

1. After successful login at Step 1, you will be able to see the Home page of e-Voting. Click on e-Voting. Then, click on Active Voting Cycles.

• 1. After clicking on Active Voting Cycles, you will be able to see all the companies "EVEN" in which you are holding shares and whose voting cycle is in active status.
• 1. Select "EVEN" of Aarti Surfactants Limited 122875
• 1. Now you are ready for e-Voting as the Voting page opens.
• 1. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on "Submit" and also "Confirm" when prompted.
• 1. Upon confirmation, the message "Vote cast successfully" will be displayed and you will receive a confirmation by way of a SMS on your registered mobile number from the depository.
• 1. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.
• 1. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for e-voting for the resolution set out in this notice:

• 1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), AADHAAR (self-attested scanned copy of Aadhaar Card) by email to investors@ aarti-surfactants.com
• 1. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self-attested scanned copy of PAN card), AADHAAR (self-attested scanned copy of Aadhaar Card) to investors@aarti-surfactants.com. If you are an Individual shareholders holding securities in demat mode, you are requested to refer to the login method explained at step 1 (A) i.e. Login method for e-Voting for Individual shareholders holding securities in demat mode.
• 1. Alternatively shareholder/members may send a request to evoting@nsdl.co.in for procuring user id and password for e-voting by providing above mentioned documents.
• 1. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their

mobile number and email ID correctly in their demat account in order to access e-Voting facility.

General Guidelines for shareholders

• 1. 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 sunil@sunildedhia.com with a copy marked to evoting@nsdl.co.in.
• 1. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the "Forgot User Details/Password?" or "Physical User Reset Password?" option available on www.evoting.nsdl.com to reset the password.
• 1. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on toll free no.: 1800 1020 990 and 1800 22 44 30 or send a request at evoting@nsdl.co.in.

Registered Office: By order of the Board

801, 801/23, GIDC Estate, Phase III, Vapi-396 195, Dist. Valsad, Gujarat Sd/-

Place: Mumbai Company Secretary Date: November 5, 2022 ICSI M. No. A44258

Priyanka Chaurasia

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 AND 110 OF THE COMPANIES ACT, 2013

The Registered Office of the Company is presently situated in the State of Gujarat. It is proposed to shift the Registered Office of the Company in the state of Madhya Pradesh for ease of administration and to enable the Company to handle its main operations located at Pithampur Industrial Area, District Dhar, Madhya Pradesh – 454775 and activities more efficiently and run its business more economically, effectively and conveniently.

The shifting of the Registered Office as aforesaid would, in no way, be detrimental to the interest of any member of the public, employees, shareholders and associates of the Company in any manner. The Jurisdiction of Registrar of Companies will be changed with the proposed change in the Registered Office of the Company. The Board of Directors in their meeting held on November 5, 2022 have approved the shifting of the Registered Office from 801, 801/23, GIDC Estate, Phase III VAPI, Valsad, Gujarat-396195 to Plot no 57, 58, 60 to 64, 62A, S-3/1, Sector-3, Sagore Village, Pithampur Industrial Area, District Dhar, Madhya Pradesh - 454775 and alteration of Clause II of the Memorandum of Association of the Company, subject to the approval of Shareholders, Regional Director and other requisite approvals.

In terms of Section 12, 13, 110 and other applicable provisions of the Act read with Rules made thereunder, such shifting of Registered Office from one state to another and consequent alteration of the Memorandum of Association ("MOA") requires the approval of the Members of the Company by way of Special Resolution passed through Postal Ballot and the approval of Regional Director.

The existing MOA of the Company as well as the MOA with the proposed amendments will be available for inspection at the Corporate Office of our Company situated at Unit 202, Plot 71, Udyog Kshetra, 2nd Floor, Mulund Goregaon Link Road, Mulund (West), Mumbai-400080, Maharashtra from 10.00 a.m. to 12.00 p.m. (IST) on all working days till the last date of completion of the postal ballot.

The Board of Directors recommends the resolution set forth in Notice for the approval of the Members by way of a Special Resolution in the best interest of the Company.

None of the Directors, Key Managerial Personnel of the Company, or their relatives is in any way, concerned or interested, financially or otherwise in this resolution, except as Members to the extent of their shareholding in the Company.

Registered Office: By order of the Board 801, 801/23, GIDC Estate, Phase III, Vapi-396 195, Dist. Valsad, Gujarat Sd/-

Place: Mumbai Company Secretary Date: November 5, 2022 ICSI M. No. A44258

Priyanka Chaurasia