Alankit Limited — Board/Management Information 2022

Mar 28, 2022

28[th] March, 2022

To,

The General Manager The National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, 5[th] Floor, Bombay Stock Exchange Limited C-1, Block G, Bandra – Kurla Complex, P.J Towers, Dalal Street Bandra (E), Mumbai – 400001 Mumbai – 400051 Phones: 022 - 2272 3121, 2037, 2041 Phones: 022 - 2659 8237, 8238, 8347, 8348 Fax: 91-22-22721919 Fax No: (022) 26598120 corp.relations@bseindia.com cmlist@nse.co.in Security Code No. : 531082 Security Code No. : ALANKIT Dear Sir(s),

Subject: Postal Ballot Notice - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby submit the Postal Ballot Notice along with the Explanatory Statement dated March 21, 2022 (“Notice”), being sent to/published/displayed for all the Members whose names appear on the Register of Members/ List of Beneficial Owners as on Friday, 25[th] March, 2022 (“Cut-off date”) seeking approval of Members on the following items of special business, through remote e-voting system:

S.No.	Particulars	Type of Resolution
1	Change in Designation of Mrs. Meera Lal (DIN: 08689247), from Independent Woman Director to Non- Executive Directorofthe Company	Ordinary Resolution
2	Regularization of Additional Director, Mr. Raja Gopal Reddy Guduru (DIN No:-00181674) as Director of the company.	Ordinary Resolution

In compliance with Ministry of Corporate Affairs General Circular No. 10/2021 dated June 23, 2021, Circular No. 20/2021 dated 8th December, 2021 read with General Circular Nos. 14/2020 dated 8th April, 2020, 17/2020 dated 13th April, 2020, Circular No. 22/ 2020 dated June 15, 2020, Circular No. 33/ 2020 dated September 28, 2020 and Circular No. 39/ 2020 dated December 31, 2020, the Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/Depositories as on the Cut-off date i.e Friday, 25[th] March, 2022. The communication of assent or dissent of the Members would only take place through the remote e-voting system.

The Company has engaged the services of National Securities Depository Limited (“NSDL”) to provide remote e-voting facility to its Members. The remote e-voting period commences from Friday, 1[st] April, 2022 at 09:00 A.M. and ends on Saturday, 30[th] April, 2022 at 5:00 P.M. The

Postal Ballot results will be submitted within 2 working days from conclusion of the e-voting period, to the Stock Exchanges in accordance with the Listing Regulations.

The Notice is also being made available on the website of the Company at www.alankit.in.

You are requested to take the same on records.

Thanking you,

Yours faithfully,

For ALANKIT LIMITED

Digitally signed by Ankit Agarwal DN: c=IN, st=Delhi, 2.5.4.20=982fde40e60009984cdfb721127fa65b 93c1160193a89f188a11ec1f4d5defef, postalCode=110052, street=HNo - 56 SFS,Phase - 4,New Delhi,ASHOK VIHAR,North SFS,Phase - 4,New Delhi,ASHOK VIHAR,North West Delhi,North West Delhi,Delhi-110052, pseudonym=2d17a4745c2dd79f72d4f9781153 aafb, serialNumber=fb6df8ae1c98d8bd94e83cc8837 9da88588fcc1b3bb417ee330370d2182cb88f, o=Personal, cn=Ankit Agarwal, title=7757 Date: 2022.03.28 18:53:50 +05'30'

2.5.4.20=982fde40e60009984cdfb721127fa65b 93c1160193a89f188a11ec1f4d5defef, Ankit postalCode=110052, street=HNo - 56 SFS,Phase - 4,New Delhi,ASHOK VIHAR,North West Delhi,North West Delhi,Delhi-110052, pseudonym=2d17a4745c2dd79f72d4f9781153 aafb, serialNumber=fb6df8ae1c98d8bd94e83cc8837 9da88588fcc1b3bb417ee330370d2182cb88f, Agarwal o=Personal, cn=Ankit Agarwal, title=7757 Date: 2022.03.28 18:53:50 +05'30' ANKIT AGARWAL MANAGING DIRECTOR

ALANKIT LIMITED

Registered office: 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055 Email: investor@alankit.com; Tel no: 011-42541904 CIN: L74900DL1989PLC036860

POSTAL BALLOT NOTICE

Dear Member(s),

NOTICE is hereby given pursuant to Section 110 and other applicable provisions of the Companies Act, 2013, (‘the Act’), read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (‘the Rules’) and other applicable provisions of the Act and the Rules, General Circular No. 10/2021 dated June 23, 2021, Circular No. 20/2021 dated 8[th] December, 2021 read with General Circular Nos. 14/2020 dated 8[th] April, 2020, 17/2020 dated 13[th] April, 2020, Circular No. 22/ 2020 dated June 15, 2020, Circular No. 33/ 2020 dated September 28, 2020 and Circular No. 39/ 2020 dated December 31, 2020, together with other relevant circulars issued by the Ministry of Corporate Affairs (“MCA Circular’), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Secretarial Standards on General Meetings issued by the Institute of Companies Secretaries of India and other applicable laws, rules and regulations (including any statutory modification and/or re-enactment thereof for the time being in force as amended from time to time), the resolutions appended below are proposed to be passed by the members through postal ballot, only by way of remote e-voting process (‘e-voting’).

Accordingly, the proposed resolutions together with the explanatory statement setting out the material facts as required under section 102 of the Act are annexed herewith for consideration of the members.

In accordance with the MCA circulars, members can vote only through the remote e-voting process. Accordingly, the Company is pleased to provide remote e-voting facility to all its members to cast their votes electronically. Members are requested to read the instructions in the Notes in the Postal Ballot Notice so as to cast their votes electronically not later than 5:00 p.m. IST on 30[th ] April, 2022, the last day fixed for casting the votes electronically.

SPECIAL BUSINESS

Item No. 1 To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution:

“ RESOLVED THAT pursuant to the provisions of sections 150, 152 and any other applicable provisions of the Companies Act, 2013 (‘the Act’) and the Companies (Appointment and Qualification of Directors) Rules, 2014 and the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or reenactment(s) thereof, for the time being in force), Mrs. Meera Lal (DIN: 08689247), who was appointed as an Independent Women Director, be and is hereby re-designated

as Non-Executive Director of the Company, w.e.f. 12[th] February, 2022, liable to retire by rotation in accordance to the provisions of the Companies Act, 2013.

RESOLVED FURTHER THAT the Board of Directors be and is hereby authorized to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution.”

Item No. 2 To consider and if thought fit, to pass, with or without modifications(s), the following resolution as an Ordinary Resolution:

“ RESOLVED THAT pursuant to Section 161 and other applicable provisions of Companies Act, 2013 (including any modification or re-enactment thereof) and the Companies (Appointment and Qualification of Directors) Rules, 2014 and the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or reanactment(s) thereof, for the time being in force) and applicable provisions of the Articles of Association of the Company, Mr. Raja Gopal Reddy Guduru (DIN: 00181674) , who was appointed as Additional Director of the company in the meeting of Board of Directors held on 12.11.2021 , be and is hereby appointed as a Director of the company, liable to retire by rotation in accordance to the provisions of the Companies Act, 2013.”

RESOLVED FURTHER THAT any Director of the Company be and is hereby authorized to do all such acts, deeds and things necessary for the purpose of giving effect to this resolution.”

BY ORDER OF BORAD OF DIRECTORS

Sd/-

ANKIT AGARWAL MANAGING DIRECTOR

Place: New Delhi Date: 21.03.2022

NOTES

1. An Explanatory Statement pursuant to section 102 of the Companies Act, 2013 setting out all material facts relating to the resolution(s) proposed to be passed through postal ballot is annexed herewith;

2. Mr. N.C. Khanna (CP No.5143), Practicing Company Secretary has been appointed as the Scrutinizer for conducting the Postal Ballot through e-voting process in a fair and transparent manner. The Scrutinizer’s decision on the validity of the Postal Ballot shall be final;

3. In compliance with the provisions of section 108 and 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, the MCA circulars and Regulation 44 of the SEBI (LODR) Regulations, 2015, the Company is providing the facility to all its members to exercise their right to vote by electronic means as an alternate mode of voting which will enable them to cast their votes electronically, for which necessary arrangements have been made by the Company with M/s National Securities Depository Limited (‘NSDL’) as the agency to provide e-voting facility. The instructions for e-voting are provided as part of this Postal Ballot Notice which the members are requested to read carefully before casting their vote;

4. In accordance with the MCA circulars, the postal ballot notice is being sent only by electronic mode to those members whose names appear on the Register of Members/ list of beneficial owners as on 25[th] March, 2022 (‘cutoff date’) received from the Depositories and whose e- mail address is registered with the Depositories/ Registrar & Transfer Agents. Physical copies of the Postal Ballot Notice along with postal ballot forms and pre-paid business reply envelops are not being sent to members for this postal ballot;

5. The Postal Ballot Notice will also be available on the websites of the Stock Exchange(s), i.e., BSE Limited and National Stock Exchange of India Limited, respectively, Company’s website at -www.alankit.in and on the website of the NSDL at www.evoting.nsdl.com.

6. The members who have not registered their email addresses or there is any change in their registered email address(es), are requested to immediately notify/update their email address with their depository participant, in case the shares are held in dematerialized form and to the Registrar and Transfer Agent, in case the shares are held in physical form by providing the necessary details;

7. Members would be able to cast their votes and convey their assent or dissent to the proposed resolution(s) only through the remote e-voting process. Members whose names appear in the list of beneficial owners provided by Depositories/ Register of members as on the cutoff date will only be considered eligible for the purpose of e-voting;

8. Persons who become member of the Company after the cutoff date, should treat this notice only for information purpose and are not entitled to vote;

9. The voting rights of the members shall be in proportion to their shares in the total paid-up equity share capital of the Company as on the ‘Cut-off date;

10. The e-voting period will commence at 9.00 a.m. (IST) on Friday, the 1[st] April, 2022 and ends at 5:00 p.m. (IST) on Saturday, the 30[th] April, 2022. Members desiring to exercise their vote should cast their vote during this period, to be eligible for being considered. Once the vote on a resolution is cast by the members, they shall not be allowed to change it subsequently.

11. All the material documents referred to in the Postal Ballot Notice will be available for inspection electronically until the last date of voting;

12. The resolution, if approved shall be deemed to have been passed on the last date specified for remote e-voting i.e., Saturday, the 30[th] April, 2022.

13. The Scrutinizer will submit the report, after the completion of scrutiny, to the Managing Director or to a person duly authorized by him. The results of the e-voting will be announced on or before 3[rd] May, 2022 and will be displayed on the websites of the Stock Exchange(s), i.e., BSE Limited and National Stock Exchange of India Limited, respectively, Company’s website at www.alankit.in and on the website of the NSDL at www.evoting.nsdl.com;

INSTRUCTIONS FOR VOTING

1. In conformity with the present regulatory requirements, the Postal Ballot Notice is being sent only through electronic mode to those members whose names appear in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories, on 25[th] March, 2022, and who have registered their e-mail addresses with the Registrar & Transfer Agent or with the Depositories.

Further, Members can vote on the Resolutions only through remote e-voting. Remote evoting will commence at 9.00 a.m. (IST) on Friday, the 1[st] April, 2022 and ends at 5:00 p.m. (IST) on Saturday, the 30[th] April, 2022, when remote e-voting will be blocked by NSDL;

1. Voting rights will be reckoned on the paid-up value of equity shares registered in the names of the members on Friday, on 25[th] March, 2022 (cut-off date). Only those Members whose names are recorded in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date will be entitled to cast their votes; and

2. The Resolutions, if passed by requisite majority, will be deemed to be passed on the last date specified for remote e-voting i.e., Saturday, the 30[th] April, 2022.

Instructions for shareholders for remote e-voting

Pursuant to SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 9[th] December, 2020, on e-voting facility provided by listed companies, individual shareholders holding securities in demat mode, are allowed to vote through their demat account maintained with depositories and depository participants. Shareholders are advised to update their mobile number and email id in their demat accounts in order to access e-voting facility.

In order to increase the efficiency of the voting process, all the demat account holders, by way of a single login credential, through their demat accounts/ websites of Depositories/ Depository Participants are able to cast their vote without having to register again with E-Voting Service.

Provider (ESPs), thereby not only facilitating seamless authentication but also enhancing ease and convenience of participating in e-voting process.

- How do I vote electronically using NSDL e Voting system?

The way to vote electronically on NSDL e-Voting system consists of “Two Steps” which are mentioned below :

- Step 1: Access to NSDL e Voting system

• (A) Pursuant to aforesaid SEBI circular, Login method for e-voting for Individual shareholders holding securities in Demat mode is given below:

Type of Shareholders	Login Method
Individual Shareholders holding securities in Demat mode withCDSL	1) Users who have opted for CDSL’s Easi / Easiest facility, can login through their existing user id and password. Option will be made available to reach e-Voting page without any further authentication. The URL for users to login to Easi/Easiestarehttps://web.cdslindia.com/myeasi/home/login orwww.cdslindia.comand click on Login icon and select New System Myeasi; 2) After successful login of Easi/Easiest the user will be also able to see the E Voting Menu. The Menu will have linksof e-Voting service provider i.e. NSDL. Click onNSDLto cast your vote. 3) If the user is not registered for Easi/Easiest, option to register is available at https://web.cdslindia.com/myeasi/Registration/EasiRegistration;and 4) Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a link available on www.cdslindia.com or click on https://evoting.cdslindia.com/Evoting/EvotingLogin.The system will authenticate the user by sending OTP on registered mobile &email as recorded in the demat account. After successful authentication, user will be provided links for the respective ESP i.e. NSDL where the e-Voting is in progress.
Individual Shareholders holding securities in Demat mode withNDSL	1) If you are already registered for NSDLIDeASfacility, please visit the e- Services website of NSDL. Open web browser by typing the following URL: https://eservices.nsdl.comeither on a Personal Computer or on a mobile. Once the home page of e-Services is launched, click on the“Beneficial Owner”icon under“Login”which is available under‘IDeAS’section. A new screen will open. You will have to enter your User ID and Password. After successful authentication, you will be able to see e-Voting services. Click on“Access to e-Voting”under e-Voting services and you will be able to see e-Voting page. Click on company name ore-Voting service provider i.e. NSDLand you will be re-directed to e- Voting service provider website for casting your vote during the remote e-Voting period; 2) If the user is not registered for IDeAS e-Services, option to register is available athttps://eservices.nsdl.com.Select“Register Online for IDeAS Portal” or click at https://eservices.nsdl.com/Secure Web/IdeasDirectReg.jsp and
	3) Visit the e-Voting website ofNSDL.Openweb browserby typing the

following URL:https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e., your sixteen-digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name ore-Voting service provider i.e. NSDLand you will be redirected to e- Voting service provider website for casting your vote during the remote e-Voting period. 4) Shareholders/Members can also download NSDL Mobile App “NSDL Speede” facility by scanning the QR code mentioned below for seamless voting experience.

Individual Shareholders (holding securities in Demat mode) login through their Depository Participants

You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e- Voting facility. After successful login, you will be able to see e-Voting option. Once you click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting service provider name and you will be redirected to e-Voting service provider’s website for casting your vote during the remote e-Voting period.

Important note : Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL.

Login Type	Helpdesk Details
Individual Shareholders holding securities in demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request atevoting@nsdl.co.in orcallat toll freeno.: 18001020 990 and180022 4430
Individual Shareholders holding securities in demat mode with CDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.com or contact at 022- 23058738 or022-23058542-43

B) Login Method for e-Voting other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

• 1) Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.

• 2) Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section.

• 3) A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen.

• Alternatively, if you are registered for NSDL eservices i.e. IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e. Cast your vote electronically.

	Step 2 i.e. Cast your vote electronically.
4)	YourUser IDdetails are givenbelow:
	Manner of holding shares i.e. Demat (NSDL or CDSL) or Physical	Your User ID is:
	a) For Members who hold shares in demat account with NSDL.	8 Character DP ID followed by 8 Digit Client ID For example if your DP ID is IN300 and Client ID is 12 then your user ID is IN30012**.
	b) For Members who hold shares in demat account with CDSL.	16 Digit Beneficiary ID For example if your Beneficiary ID is 12** then your user ID is 12**
	c) For Members holding shares in Physical Form.	EVEN Number followed by Folio Number registered with the company For example if folio number is 001 and EVEN is 101456 then user ID is 101456001

• 5) Password details for shareholders other than Individual shareholders are given below:

• a. If you are already registered for e-Voting, then you can user your existing password to login and cast your vote.

• b. If you are using NSDL e-Voting system for the first time, you will need to retrieve the ‘initial password’ which was communicated to you. Once you retrieve your ‘initial password’, you need to enter the ‘initial password’ and the system will force you to change your password.

• c. How to retrieve your ‘initial password’?

  • i. If your email ID is registered in your demat account or with the company, your ‘initial password’ is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file. is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file. contains your ‘User ID’ and your ‘initial password’.

  • ii. If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered.

• 6) If you are unable to retrieve or have not received the “ Initial password” or have forgotten your password:

• a. Click on “Forgot User Details/Password?”(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.

• b. Physical User Reset Password?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

• c. If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.co.in mentioning your demat account number/folio number, your PAN, your name and your registered address etc.

• d. Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.

• 7) After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.

• 8) Now, you will have to click on “Login” button. 9) After you click on the “Login” button, Home page of e-Voting will open.

- Step 2: Cast your vote electronically on NSDL e Voting system.

How to cast your vote electronically and join General Meeting on NSDL e-Voting system?

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle is open.

2. Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period”.

3. Now you are ready for e-Voting as the Voting page opens.

4. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on “Submit” and also “Confirm” when prompted.

5. Upon confirmation, the message “Vote cast successfully” will be displayed.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

General Guidelines for shareholders

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Company by e-mail to investor@alankit.com with a copy marked to evoting@nsdl.co.in.

2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event,

you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on www.evoting.nsdl.com to reset the password.

1. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on toll free no.: 1800 1020 990 and 1800 22 44 30 or send a request to Ms. Soni Singh at evoting@nsdl.co.in

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for e-voting for the resolutions set out in this notice:

1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) by email to investor@alankit.com.

2. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) to investor@alankit.com. If you are an Individual shareholders holding securities in demat mode, you are requested to refer to the login method explained at Step 1 (A) i.e. Login method for e-Voting and joining virtual meeting for Individual shareholders holding securities in demat mode.

3. Alternatively shareholder/members may send a request to evoting@nsdl.co. in for procuring user id and password for e-voting by providing above mentioned documents.

4. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-Voting facility.

OTHER INSTRUCTIONS

1. The Scrutinizer shall submit the Scrutinizer’s Report to the Chairman of the Company or such other officer duly authorized by the Chairman. Further, the results of the Postal Ballot will be announced on or before 3[rd] May, 2022 and the same will be hosted on website of the Company i.e., www.alankit.in , service provider, i.e. www.evoting.nsdl.com and the same will also be communicated simultaneously to the Stock Exchanges namely BSE Limited and National Stock Exchange of India Limited;

2. In case of any queries, please visit Help and Frequently Asked Questions (FAQs) Section available at website of the Service Provider i.e., www.evoting.nsdl.com.

By order of the Board of Directors

SD/ANKIT AGARWAL MANAGING DIRECTOR

Place: New Delhi Date: 21.03.2022

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013

Item no. 1 Appointment of Mrs. Meera Lal having DIN No: 08689247, as a Non- Executive Director of the Company

Mrs. Meera Lal (DIN: 08689247), who was appointed as an Independent Women Director, was re-designated as Non-Executive Director of the Company, w.e.f. 12th February, 2022, owing to her non-eligibility to continue to hold the office of Independent Directorship because of non-registration of her name and non-completion of self-assessment test of Independent Directors Databank.

As per SEBI (LODR) Regulations, 2015 effective from 01[st] January, 2022, a listed entity shall ensure that approval of shareholders for appointment of a person on the Board of Directors is taken at the General Meeting or within a time period of three months from the date of appointment, whichever is earlier.

Mrs. Meera Lal has given her consent to act as Non-Executive Director and liable to retire by rotation in accordance to the provisions of the Companies Act, 2013.

None of the Directors, Key Managerial Person of the Company or their relatives except Mrs. Meera Lal, is in any way, concerned or interested, financially or otherwise, in the resolution.

Yours directors recommend the resolution as set out in the notice for approval by the members.

Item No. 2 Regularization of Additional Director, Mr. Raja Gopal Reddy Guduru having DIN: 00181674 as Director of the company.

Mr. Raja Gopal Reddy Guduru was first inducted to the Board at the Board Meeting held on 12[th] November, 2021 and in the same meeting he was appointed as the Additional Director. In terms of Section 161(1) of the Companies Act, 2013. Mr. Raja Gopal Reddy Guduru can hold office only up to the date of the ensuing Annual General Meeting. The Company is proposing his candidature for appointment as a Director of the Company.

None of the Directors, Key Managerial Person of the Company or their relatives except Mr. Raja Gopal Reddy Guduru, is in any way, concerned or interested, financially or otherwise, in the resolution.

Yours directors recommend the resolution as set out in the notice for approval by the members.

By order of the Board of Directors

Sd/ -

ANKIT AGARWAL MANAGING DIRECTOR

Place: New Delhi Date: 21.03.2022

	Brief of Director seeking appointment through Postal Ballot by remote e-voting process	Brief of Director seeking appointment through Postal Ballot by remote e-voting process	Brief of Director seeking appointment through Postal Ballot by remote e-voting process
	**Name of the Director **	**Mrs. Meera Lal **	Mr. Raja Gopal Reddy Guduru
	Date of Birth	27.11.1952	05.02.1957
	Relationship with Directors and Key Managerial Personnel	None	None
	Shareholding in Alankit Limited	Nil	Nil
	Qualification	M.A. (Economics)	B.Com, MBA
	Experience & Expertise in specific functional area	She is a research advisor for PHD Students, Central University, Ranchi, Co- Supervisor of PHD Students, Osmania University, Hyderabad and having rich experience of 40 years in Teaching, Research and Development and Management.	Mr. G.R. Reddy has around 23 years of work experience in Stock Broking business. He was one of the Promoters & Directors of M/s Steel City Securities Limited, Visakhapatnam, and worked as Executive Director for 12 years.
	Board membership of other Listed Companies	Nil	Nil
	Chairmanship/memberships of the Committees of other Public Limited Companies	Nil	Nil