AION-TECH SOLUTIONS LIMITED — AGM Information 2021

Sep 28, 2021

Registered Office : 1" Floor, GNR's RV Insignia Building, Image Garden Road, Madhapur, Hyderabad, Telangana - 500 081. Phone : +91 40 66284999 URL : www.goldstonetech.com GSTIN : 36AAACG7478F1ZF CIN : L72200TG1994PLC017211 E-mail Id : acct.india@goldstonetech.com

28th September, 2021

The Secretary	The Secretary,
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza, Plot C/1, G-Block,	Phiroze Jeejeebhoy Towers,
Bandra -Kurla Complex,	400 001Dalal Street, Mumbai -
400 051.Bandra (E), Mumbai -	Scrip Code: 531439
Scrip Code: GOLDTECH

Dear Sir /Madam,

Sub: Summary of Proceedings of the 27th Annual General Meeting of Shareholders of Goldstone Technologies Limited

Pursuant to Regulation 30 read with Para A of Part A of schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed summary of proceedings of 27th Annual General Meeting of the Company held on 27th September, 2021at3.00 p.m.(IST), through two-way Video Conference/ Other Audio Visual Means, without physical presence of the members at a common venue, in accordance with the General Circular issued by the Ministry of Corporate Affairs dated January 13, 2021 read with General Circulars dated April 8, 2020, April 13, 2020 and May 5, 2020 and Securities Exchange Board of India Circular dated January 15, 2021 read with May 12, 2020.

Kindly take it in your records.

Thanking You

Yours faithfully

Encl: a/a

Registered Office : 1" Floor, GNR's RV Insignia Building, Image Garden Road, Madhapur, Hyderabad, Telangana - 500 081. Phone:+914066284999 URL: www.goldstonetech.com GSTIN : 36AAACG7478F1ZF CIN : L72200TG1994PLC017211 E-mail Id : corporate@goldstonetech.com

SUMMARY OF PROCEEDINGS OF THE z7rn ANNUAL GENERAL MEETING OF SHAREHOLDERS OF GOLDSTONE TECHNOLOGIES LIMITED

The 27th Annual General Meeting ("AGM" or "Meeting") of Shareholders of the Goldstone Technologies Limited ("the Company") was held on 27th day of September, 2021 at 03.00 p.m.(IST), through Video Conference ("VC") / Other Audio Visual Means ("OAVM"), as per the circulars issued by the Ministry of Corporate Affairs(MCA) and the Securities and Exchange Board of India(SEBI) and in compliance of the applicable provisions of the Companies Act, 2013 and the Rules made thereunder.

Mr. Thirumalesh T, Company Secretary, welcomed the Members to the Meeting and briefed them on certain points relating to the participation at the Meeting through VC/OAVM.

With the consent of the Shareholders, Mr. K S Sarma, Independent Director Chaired the Meeting and upon the presence of the requisite Quorum, the meeting was called to order. Since there was no physical attendance of Members and in compliance with the Circulars issued by MCA and SEBI, the requirement of appointing proxies was not applicable, except for the authorized representatives of corporate shareholders.

In pursuance of the relevant provisions of Companies Act 2013 read with the SEBI (LODR) Regulations, 2015 as amended from time to time, the Company has provided the E-voting facility by Central Depository Services (India) Limited (CDSL) to the Shareholders to cast their vote as mentioned in the Notice of the AGM where the e-voting period was kept open from 23rd September, 2021 (9.00 a.m) to 26th September, 2021(5.00 p.m). Further the remote e-voting facility was also made available during the AGM for the benefit of Members who were present during the Meeting and had not cast their votes earlier through remote e-voting.

The Chairman then with his opening remarks handed over to Whole Time Director to present the overall performance of the Company during the FY 2020-21.

Mr. Pavan Chavali, Whole Time Director presented overall performance of the Company on standalone and consolidated basis and briefed about future course of action, Covid-19 initiatives, employee engagement initiatives etc.

Mr. Prathap Satla, practicing Company Secretary, was the Scrutinizer appointed by the Board to scrutinize the votes cast during the Meeting and through remote e-Voting, in a fair and transparent manner.

The following items of business, as per the Notice convening the 27th AGM of the Company were transacted at the meeting.

Ordinary Business:

• 1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the year ended 31st March, 2021 together with the Directors' and Auditors' Report thereon.
• 1. To appoint a Director in place of Mr. Paul Sashikumar Lam (DIN: 00016679) who retires by rotation and being eligible, offers himself for re-appointment.

Special Business:

• 1. Appointment of Mrs. Deepa Chandra (DIN : 08952233) as an Independent Director of the company
• 1. Appointment of Mr. Pavan Chavali (DIN: 08432078) as a Whole Time Director of the company
• 1. Issue of 1,58,00,000 Equity Shares on Preferential Basis
• 1. To enhance the Borrowing Limits of the Board or a Committee thereof from Rs.150 Crores to Rs.200 Crores
• 1. To authorize the Board or a Committee thereof to sell, lease, mortgage or otherwise dispose of the whole or substantially the whole of the undertaking(s) of the company, both present and future;

The Chairman then invited the Members to express their views, ask questions and seek clarifications on the operations and financial performance of the Company and on the resolutions set out in the Notice. The Members were given an opportunity to speak in the order in which they had registered their names. After giving sufficient time to all Members who wished to speak, the Chairman along with other Directors appropriately responded to the queries raised by them.

The Chairman, thereafter, thanked all the members for their initiation for participation in the AGM through VC/OVAM and for their constructive suggestions and comments. The Chairman also acknowledged the contribution of all the employees and other stakeholders during the year.

The Members were informed that the Declaration of Results along with the Scrutinizer's Report pertaining to this AGM would be intimated to the Stock Exchanges in terms of the Listing Regulations and would be placed on the websites of the Company.

The e-voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. Upon completion of the e-voting process the Company Secretary declared the Meeting closed.

This is for your information and records.

Thanking You