ABC India Ltd. — AGM Information 2022

Sep 29, 2022

TEL : (033) 2461 4156 / 4157, FAX : 91-33-24614193 E-MAIL : cmd@abcindia.com, HOME PAGE: www.abcindia.com	= INDIA LIMITED v
Date: 29'" September, 2022
wo
WT he Secretary, Listing Department,	The Secretary, Listing Department,
BSE Limited	The Calcutta Stock Exchange Ltd.
PhirozeJeejeebhoy Towers,	7, Lyons Range,
Dalal Street, Fort,	Kolkata - 700 001
Mumbai - 400 001
	Scrip Code: 10011146
Scrip Code: 520123

Dear Sir / Madam,

Sub: Proceedings of Annual General Meeting

As per Regulation 30(6) read with Part-A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are sending herewith the summary of the proceedings of the 49"Annual General Meeting of the Company for the financial year 2021-22 held on September 28, 2022.

This is for your information and record.

Thanking You, Yours faithfully,

For ABC India Limited

\$ oye Ag atwes

Sanjay Agarwal Company Secretary & Compliance Officer

Encl: as above

Summary of the Proceedings of the 49" Annual General Meeting

The 49" Annual General Meeting (AGM) of the Members of ABC India Limited was held on the 28" day of September, 2022 through Video Conferencing / Other Audio Visual Means (VC / OAVM) in compliance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Meeting commenced at 3:00 P.M (IST) and concluded at 3:30 P.M.(IST).

Mr. Ashish Agarwal, Managing Director was elected as the Chairman of the meeting by the Directors present in terms of Secretarial Standard of ICSI. The requisite quorum being present, the Meeting was called to order. Total of 46 members (including the Promoter Directors) attended the Annual General Meeting. The Meeting was also attended by Mrs. Rachana Todi, Independent Director, Mr. Siddharth Kapoor, Non Executive Director, Mr. Sanjay Agarwal, Chief Financial Officer and Company Secretaryof the Company, Mrs. Shweta Sarawgee, representing M/s. BDS & Co., Statutory Auditors and Mr. Santosh Kumar Tibrewalla, Secretarial Auditor of the Company & Scrutinizer to the e-voting process of the AGM.

The Chairman then addressed the members and briefed them on the financial performance for FY 2021- 22 and notable developments of the Company.

The Company Secretary, thereafter, declared that the copies of the Audited financial statements for the year ended March 31, 2022, Board's and Auditors' report were sent through e-mail to all the members and others entitled for the same and the documents along with the Statutory Registers were available inspection and would be displayed on the screen on request of members.

The Notice calling the 49" AGM was taken as read with the permission of the Members present. The Members were informed that there was no observation or other remark made by the Auditors in their Report on the Financial Statements for the financial year ended March 31, 2022. On request of the Chairman, the Auditors Report was read out by the Company Secretary.

The queries raised by the shareholders were addressed by Mr. Ashish Agarwal, Chairman to their satisfaction.

The Company Secretary informed the Members present that pursuant to the provision of the Companies Act, 2013 read with the Rules framed thereunder and Regulation 44 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had engaged the services of Central Depository Services Limited (CDSL) as the authorized agency to provide remote e-voting facilities & evoting facilities during the AGM. The remote e-voting facility commenced at 9:00 A.M. on September 25, 2022 and ended at 5:00 P.M. on September 27, 2022. The Company Secretary further informed to the shareholders that e-voting facility would be available during the meeting and till 15 minutes after the conclusion of the meeting. .

Thereafter, the following businesses as set out in the AGM Notice dated August 11, 2022 were transacted-

Regd. Office : P-10, NEW C.I.T. ROAD, KOLKATA - 700 073

CIN : L63011WB1972PLC217415, Phone : 033-2237 1745, 2461 4156, Fax : 033-2461 4193, E-mail : vrmd@obcindia.com, Website ; www.abcindia.com

ORDINARY BUSINESS:

• 1. As an Ordinary Resolution: Adoption of Audited Financial Statement of the Company for the financial year ended March 31, 2022, together with Reports of Board of -Directors' and - Auditors' thereon.
• 1. Asan Ordinary Resolution: Declaration of a dividend on Equity Shares.
• 1. Asan Ordinary Resolution: Re-Appointment of Mr. Siddarth Kapoor (DIN: 02089141), as a Director, retired by rotation and being eligible, offered himself for re-appointment.
• 1. As an Ordinary Resolution: Re-appointment of M/s. BDS & Co., Chartered Accountants as Statutory Auditors of the Company for a second term of five consecutive years and to fix their remuneration.

SPECIAL BUSINESS:

1. As an Ordinary Resolution: Ratification of remuneration of Cost Auditors for the Financial Year ending March 31, 2023.

The Company Secretary then announced that the scrutinizer would submit the Consolidated Voting results after taking into account the remote e-voting and e-voting during the AGM and the same would be placed on the Company's website and would be forwarded to the Stock Exchange and to the Depositories within the prescribed time for displaying the same on their websites.

The Chairman thanked the Shareholders for attending and participating in the Meeting and also the employees of the Company and other stakeholders for their continued support.

The e-voting facility was kept open for the next 15 (fifteen) minutes to enable the Members to cast their vote.

Since there was no other business to transact, the meeting concluded at 3:30 P.M. with a vote of thanks to the Chair.