Aegis Logistics Ltd. — AGM Information 2021

Oct 22, 2021

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October 22, 2021

To, The Secretary, Capital Market Operations Market Operations Department, The National Stock Exchange of India Ltd. The Bombay Stock Exchange Ltd. Exchange Plaza, 5[th] Fl., Plot No.C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra-Kurla Complex, Dalal Street, Fort, MUMBAI – 400 023. Bandra (E), MUMBAI – 400 051.

Scrip Code: 500003 Scrip Code: AEGISCHEM

Dear Sir,

Sub.: Proceedings of the Annual General Meeting held on 21[st] October, 2021 pursuant to – Regulation 30 read with Schedule III part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)

The 64[th] Annual General Meeting (“AGM”) of the Members of the Company was held on Thursday, 21[st] October, 2021 through Video Conference (‘VC’)/ Other Audio Visual Means (‘OAVM’) facility.

As the requisite quorum was present as per the records of attendance, Ms. Monica Gandhi, Company Secretary read out instructions for the meeting to be held through VC. Mr. Raj Chandaria, Chairman & Managing Director thereafter called the meeting to order and proceeded with the same.

The Chairman delivered Chairman Speech giving an overview of the financial performance of the Company for the financial year ended 31[st ] March, 2021 and future outlook. He also introduced the other Directors present and attending as Panelists.

It was announced that there were no qualifications, observations or comments on financial transactions or matters which have adverse effect on the functioning of the Company as per in the Auditors’ Report on the Financial Accounts for the year ended 31[st] March, 2021.

The speaker shareholders were invited to ask any queries that they may have on the Company’s financial accounts or business operations of the Company. The Chairman & Managing Director, Mr. Raj Chandaria then provided satisfactory response to the queries raised by speaker shareholders.

The Chairman announced that Mr. Prasen Naithani, Practicing Company Secretary was appointed as a Scrutiniser to scrutinize the remote e-voting that commenced at 9.00 a.m. IST on 17[th] October, 2021 and ended at 5.00 p.m. IST on 20[th] October, 2021 and the e-voting during the AGM. He then requested the Members present and who had not casted their vote electronically to vote through e-voting systems during the Meeting.

The Chairman informed that the combined result of remote e-voting and the e-voting during the AGM will be promptly communicated to BSE Ltd. and National Stock Exchange of India Ltd. and will be simultaneously uploaded on the website of the Company within two working days of the meeting.

The resolutions briefly related to :

1. Adoption of the Audited Standalone & Consolidated Financial Statements (Ordinary Resolution) :

The Members adopted Audited financial statements of the Company (Standalone & Consolidated) for the financial year ended 31[st ] March, 2021 together with the reports of the Board of Directors and Auditors thereon;

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2. Declaration of final dividend on equity shares @ 200 % on the face value of Re.1 each i.e. Rs. 2/- per share (Ordinary resolution) :

The Members declared the final dividend on equity shares @ 200 % on the face value of Re. 1 each i.e. Rs. 2.00 per share on equity shares for the financial year 2020-21;

3. Re-appointment of Director, liable to retirement by rotation (Ordinary resolution) :

The Members approved the re-appointment of Mr. Raj Kishore Singh (DIN: 00071024), Director retiring by rotation and eligible for re-appointment;

4. Appointment of an Independent Director (Ordinary resolution) :

The Members approved the appointment of Ms. Tasneem Ali (DIN – 03464356) as an Independent Director of the Company for a term of 5 consecutive years w.e.f. January 28, 2021 upto January 27, 2026;

5. Re-Appointment of an Independent Director (Special resolution) :

The Members approved the re-appointment of Mr. Jaideep Khimasia (DIN – 07744224) as an Independent Director of the Company for the term of 5 consecutive years w.e.f. May 11, 2022 to May 10, 2027;

6. Approval for sale of the Company’s Kandla Undertaking to Company’s wholly owned Subsidiary (Special resolution) :

The Members approved sale of the Company’s Kandla Undertaking to Company’s wholly owned Subsidiary Aegis Vopak Terminals Limited;

7. Approval for sale of the Company’s Pipavav Undertaking to Company’s wholly owned Subsidiary (Special resolution) :

The Members approved sale of the Company’s Pipavav Undertaking to Company’s wholly owned Subsidiary Aegis Vopak Terminals Limited;

8. Approval for sale of the Company’s Mangalore Undertaking to Company’s wholly owned Subsidiary (Special resolution) :

The Members approved sale of the Company’s Mangalore Undertaking to Company’s wholly owned Subsidiary Aegis Vopak Terminals Limited;

9. Approval for sale of the Company’s Haldia Undertaking to Company’s wholly owned Subsidiary (Special resolution) :

The Members approved sale of the Company’s Haldia Undertaking to Company’s wholly owned Subsidiary Aegis Vopak Terminals Limited.

Kindly take the same on record.

Thanking you.

Yours faithfully,

For AEGIS LOGISTICS LIMITED

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MONICA GANDHI COMPANY SECRETARY

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