Ahlada Engineers Limited — AGM Information 2023

Sep 30, 2023

Date: 30[th] September, 2023

To

The Manager, Listing Department National Stock Exchange of India Ltd, Exchange Plaza, C-1 Block G BandraKurla Complex, Bandra (E), MUMBAI – 400 051

Scrip Symbol: AHLADA

Sub: Proceedings of the 18[th] Annual General Meeting of Ahlada EngineersLimited held on Saturday, September30, 2023-reg.

Dear Sir/Madam,

The 18[th] Annual General Meeting ("the 18[th] AGM") of the Company was held on Saturday, September30, 2023 at 11.00 a.m. through Video Conferencing (VC)/Other Audio Visual Means (OAVM) and vote on all the resolutions mentioned in AGM Notice ‐ ‐ through remote e voting facility prior to AGM and e voting facility during the AGM, in accordance with relevant circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). The venue of the meeting is deemed to be the registered office of the Company.

A. Narasimha Rao, Chief Financial Officer, commenced the 18[th] Annual General Meeting by welcoming all members and informed the members that the Register of Directors’ shareholding and other statutory documents are available at the meeting for members’ inspection.

Later, CFO introduced the persons attended on the panel:

==> picture [439 x 173] intentionally omitted <==

----- Start of picture text ----- S.No Name of the Person Designation1 Dr.K.I Varaprasad Reddy Chairman-Non Executive2 Shri Ch.Suresh Mohan Reddy Managing Director3 Shri.B.K.Sarma Independent Director4 Shri.P Sridhar Independent Director5 Ms.Ch.Ahlada Whole Time Director6 Shri. J. Abhinav Kumar Reddy Whole Time Director7 Shri. A. Narasimha Rao Chief Financial Officer8 Shri. P. Kodanda Rami Reddy Company Secretary9 Shri. K.Kishore Statutory Auditor10 Shri S. Koti Reddy Internal Auditor11 Shri. Ch. Veeranjaneyulu Secretarial Auditor----- End of picture text -----

Members’ Attendance :

41members present in through VC attended the meeting as per the records of attendance.

Chairman:

The meeting was chaired by Dr. K.I. Varaprasad Reddy, Chairman of the Company. Chairman informed the members that the required quorum for the meeting is present, called the meeting in order and delivered the Chairman speech.

The Chairman informed the members that annual reports of the Company have been with you for a while and with your permission, annual reports were taken as read. The Chairman briefed the members on (i). Financial performance of the Company for the financial year ended March 31[st, ] 2023 (ii). Declaration of Dividend @ Rs.1.40 per share (iii) continuation of DR. K. I. Varaprasad Reddy (DIN: 00196148), as Chairman and Non- Executive Director of the Company, who has attained the age of seventy five (75) years (iv)and future plans.

The Chairman thanked the Directors, KMP’s and Members for participating in the meeting and wished everyone for good health and safety in the year ahead. The chairman then advised the Company Secretary to carry on further proceedings.

The Company Secretary briefed some of the important aspects with regard to joining and voting in this AGM. The members were informed of the appointment of Shri Ch. Veeranjaneyulu, Partner of VCSR & Associates, Company Secretaries(CP No.6392) as the Scrutinizer for scrutinizing the process of voting in a fair and transparent manner.

The Company Secretary informed that the Company has received certain questions/clarifications on Financials of 2022-23 and replied to them. Hence, the Company Secretary invited speaker shareholders to express their views and ask questions, if any.

The Chairman then moved on to transacting the business as set out in the Notice of AGM:

==> picture [440 x 268] intentionally omitted <==

----- Start of picture text ----- Resolution No. ResolutionsOrdinary Business1. Adoption of the standalone audited financial statements of theCompany for the year ended 31 [st] March 2023, including the auditedBalance Sheet as at 31 [st] March, 2023, the Statements of Profit andLoss, Cash Flow Statements and the statement of changes in equityfor the financial year ended on that date and the report of the Boardof Directors and Auditors thereon.”2. Declare a dividend of Rs. 1.40 for every Equity Share of Rs. 10/-each i.e., @14% for every Equity Share.3. Appoint a director in place Ms. Ch. Ahlada (DIN: 09406784) whoretires by rotation and being eligible offers herself for re-appointment.Special Business4. continuation of DR. K. I. Varaprasad Reddy (DIN: 00196148), asChairman and Non- Executive Director of the Company, who hasattained the age of seventy five (75) years.5. Ratification of the remuneration of the Cost Auditors for thefinancial year 2023-24.----- End of picture text -----

The Company Secretary informed the members that e-voting on BIGSHARE platform would be available for the 30 Minutes after closing time of AGM and thereafter it would be disabled automatically.

Thereafter, the Chairman informed the members that the results of the e-voting will be notified to the Stock Exchange and will also be uploaded on the Company's website.

Thereafter, the meeting concluded with a vote of thanks.

Thanking you,

Yours faithfully, For Ahlada Engineers Limited

PUSULURU Digitally signed by PUSULURU KODANDA RAMI KODANDA RAMI REDDY Date: 2023.09.30 15:38:29 REDDY +05'30'

P. Kodanda Rami Reddy Company Secretary