Alankit Limited — AGM Information 2024

Aug 22, 2024

To, BSE Limited P. J. Towers, Dalal Street, Mumbai – 400001	To, National Stock Exchange of India Limited Exchange Plaza, 5thFloor, C-1, Block G, Bandra – Kurla Complex, Bandra (E), Mumbai – 400051
Security Code No. : 531082	Security Code No. : ALANKIT

SUBJECT: PROCEEDINGS OF 35[TH] ANNUAL GENERAL MEETING HELD ON THURSDAY, 22[ND ] AUGUST 2024 AT 12:30 P.M.

Dear Sir,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read together with Part A of Schedule III thereto, please find enclosed herewith, the proceedings of the 35[th] Annual General Meeting (‘AGM’) of the Company, held on Thursday, 22[nd] August, 2024 at 12:30 P.M . through Video Conferencing (‘VC’) or Other Audio-Visual Means (‘OAVM’).

The proceedings of the 35[th] Annual General Meeting are also being hosted on the website of the Company.

This is for your information and records.

Thanking you, Yours Faithfully,

For ALANKIT LIMITED

MANISHA Digitally signed by MANISHA SHARMA SHARMA Date: 2024.08.22 17:21:16 +05'30' MANISHA SHARMA COMPANY SECRETARY & COMPLIANCE OFFICER M.NO. A58430

Encl.: a/a

SUMMARY OF PROCEEDINGS OF THE 35[TH] ANNUAL GENERAL MEETING OF ALANKIT LIMITED HELD ON TODAY I.E. THURSDAY, 22[ND] AUGUST, 2024 COMMENCED AT 12:30 P.M. AND CONCLUDED AT 1:02 P.M. THROUGH VIDEO CONFERENCING (“VC”)/OTHER AUDIO-VISUAL MEANS (“OVAM”)

Mrs. Manisha Sharma, the Company Secretary welcomed the Members, Directors and other invitees, to the 35[th] Annual General Meeting ('AGM'/'Meeting') of Alankit Limited ('Company') held through Video Conferencing ('VC') facility or Other Audio Visual Means ('OAVM'), in compliance with the provisions of the Companies Act, 2013 ('Act'), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') and Ministry of Corporate Affairs' Circulars, on Thursday, 22[nd] August, 2024 at 12:30 p.m. and brief them on certain points relating to the participation at the meeting through VC/OVAM. The deemed venue for the 35[th] AGM was the Registered Office of the Company at 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055.

MEMBERS PRESENT DURING THE MEETING

86 Members including 4 promoters attended the meeting through Video Conferencing from their respective locations.

The Requisite quorum being present, the Meeting was called to order.

DIRECTORS PRESENT DURING THE MEETING:

The Meeting was chaired by Mr. Ashok Kumar Sinha, Chairman and Independent Director of the Company from New Delhi. All the Directors were present

Further, the Chairman announced the attendance of the Directors present as follows:

1. Mr. Ankit Agarwal (Managing Director),

2. Ms. Meenu Agrawal (Independent Director),

3. Mr. Raja Gopal Reddy Guduru (Non-Executive Director),

4. Mrs. Preeti Chadha (Non-Executive Director),

5. Mrs. Meera Lal (Non-Executive Director),

ALSO PRESENT:

1. Mr. Gaurav Maheshwari (Chief Financial Officer),

2. Mr. N.C. Khanna from M/s N.C. Khanna & Associates (Scrutinizer at the AGM and Secretarial Auditor) and

3. Mrs. Namrata Kanodia from M/s Kanodia Sanyal (Statutory Auditor of the Company).

4. Ms. Manisha Sharma (Company Secretary).

Further, brief introduction was given by the Directors of the Company about themselves. Mr. Ankit Agarwal, Managing Director of the Company addressed the stakeholders about the recent and future developments of the Company and concluded his introduction by placing on record his appreciation and gratitude for all the stakeholders for having reposed their trust and confidence.

The Company Secretary then informed that the Notice of the meeting and the Director's Report were sent to all the members and are taken as read. The Company Secretary informed that remote e-voting was commenced on 19[th] August, 2024 at 09:00 A.M. IST, and ended on 21[st] August, 2024 at 5:00 P.M. IST. The Company Secretary also informed that the remote e-voting has been opened from the start of this meeting and will end after 30 Minutes of the conclusion of the meeting.

The Chairman requested the Company Secretary to read out the Auditors’ Report and to brief the Members about the e-voting instructions.

The Company Secretary informed that the members are provided with the facility to cast their votes electronically through remote e-voting facility which is administered by NSDL on all the resolutions set forth in the notice. The members who have not casted their vote on the resolutions as mentioned in the AGM notice by remote e- voting prior to the AGM may cast their vote through e-voting available on the voting page of NSDL during the continuation of AGM simultaneously while participating in the proceedings of the meeting. The Company Secretary also informed that the Board had appointed M/s. N. C. Khanna to act as scrutinizer and to scrutinize the e-voting process in a fair and transparent manner and to provide the consolidated result. The members were also informed that as the resolutions mentioned in the notice has already been put to vote through remote e-voting and the voting is also available during the meeting. So, there will be no proposing and seconding of resolutions.

The following items of the business as per the said Notice were transacted at the Meeting:

SL. NO.	ITEMS OF BUSINESS	RESOLUTION CONSIDERED
ORDINARY BUSINESS
1.	To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31st, 2024 together with the Reports of the Board of Directors and the Auditors thereon.	Ordinary Resolution
2.	To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31st, 2024 together with the Report of theAuditors thereon.	Ordinary Resolution
3.	To appoint a Director in place of Mr. Raja Gopal Reddy Guduru (DIN: 00181674), who retires by rotation and being eligible, offers himself for re-appointment.	Ordinary Resolution
SPECIAL BUSINESS
4.	To approve the Related Party Transactions with respect to rendering of goods/services or vice versa by Alankit Limited with effect from 01.10.2024.	Ordinary Resolution
5.	Regularization of Mr. Ashok Kumar Sinha (DIN: 08812305) as an Independent Director of the Company.	Special Resolution
6.	Regularization of Ms. Meenu Agrawal (DIN: 10679504) as an Independent Director of the Company.	Special Resolution
7.	Increase the borrowing limit of the Company from ₹ 500 Crores (Rupees Five Hundred Crores Only) to ₹ 1,000 Crores (Rupees One Thousand Crores Only) in excess of the limits prescribed under Section 180(1)(c) of the Companies Act, 2013.	Special Resolution
8.	To increase the limit from ₹ 200 Crores (Rupees Two Hundred Crores Only) to ₹ 1,000 Crores (Rupees One Thousand Crores Only) for granting loan giving guarantee or making the investment pursuant to section 186(3) of the Companies Act, 2013	Special Resolution

1. Re-appointment of Mr. Ankit Agarwal as the Managing Director of the Company Ordinary Resolution

The Company Secretary informed the shareholders that few shareholders of Alankit Limited had asked/raised queries which have been duly replied by the Managing Director.

Thereafter, it was announced that on receipt of the Scrutinizer’s Report, the results of e-voting would be declared within 48 hours from the conclusion of the Meeting and the same shall be simultaneously sent to BSE Limited and National Stock Exchange of India Limited for uploading on their respective websites and it will also be uploaded on the website of the Company, i.e., www.alankit.in and on the website of NSDL, in compliance with the provisions of the Act and the Listing Regulations.

The Chairman concluded his speech by placing on record his appreciation and gratitude for all the stakeholders.

The Company Secretary also thanked the Directors for joining the Meeting virtually and declared the Meeting as Closed.

The Meeting concluded at 01:02 P.M. with vote of thanks to the Chair.

This is for your information and record.

For ALANKIT LIMITED

Digitally signed MANISHA by MANISHA SHARMA SHARMA Date: 2024.08.22 17:22:05 +05'30' MANISHA SHARMA COMPANY SECRETARY & COMPLIANCE OFFICER M. NO. A58430