Aplab Ltd. — AGM Information 2021

Dec 1, 2021

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SEC:AP:RKD:108221:21 December 1, 2021

BSE Limited Corporate Relationship Department 25[th] Floor, Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400 001

Dear Sir,

Sub: Proceedings of 56[th] Annual General Meeting held on 30[th] November, 2021

Ref: Scrip Code: 517096 – APLAB LIMITED

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the proceedings of 56[th] Annual General Meeting (AGM) of the company held on Tuesday, the 30[th] November, 2021 at 11.30 a.m (IST) through video conferencing(VC)/other audio visual means in accordance with the applicable provisions of the Companies Act, 2013 read with the rules issued thereunder and the SBEI(LODR) regulations, 2015 and the circulars issued by Ministry of Corporate Affairs and SEBI.

Proceedings in brief:

• Mr. P.S. Deodhar, Chairman & Managing Director of the Company chaired the Meeting.

• Mr. Rajesh K. Deherkar, Company Secretary & Compliance Officer of the company welcomed all the members at the 56[th] Annual General Meeting.

• The requisite quorum being present, the Chairman called the meeting to order.

• The Chairman then introduced the Board Members.

• The Chairman then briefed the Members with general instructions for attending the meeting through Video Conference and process of e-voting at the meeting.

• The Chairman informed that the company has received Corporate Representations for in favour of Directors for 13,84,725 shares comprising 13.85% of the equity share capital.

• The Chairman addressed the members with his speech.

• • The Company Secretary first answered the queries raised by one member through email before the AGM and then invited the speakers to seek views/raise queries one by one. Three Speaker members attended the VC and the queries were answered by the Company Secretary satisfactorily.

• The Company Secretary informed that that as per as per Section 108 of the Companies Act, 2013 and rule 20 of the Companies (Management and Administrative) Rules, 2014, the Company has provided remote e-voting facilities to members through National Securities Depository Limited (NSDL). The remote e-voting facility was open from 27[th] November, 2021 to 29[th] November, 2021. Mrs. Rama Subramanian was appointed as Scrutinizer for scrutinizing the remote e-voting. He also informed the members that those members who had not cast by remote e-voting process may e-vote till 15 minutes from the closure of AGM the following ordinary and special businesses:

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Ordinary Business:-

1. To receive, consider and adopt the Audited Statement of Profit and Loss Account for the year ended 31[st] March, 2021 and the Balance Sheet as on that date together with the Reports of the Directors and Auditors thereon;

2. To appoint a Director in place of Mrs. Amrita P. Deodhar (DIN: 00538573), who retires by rotation and being eligible offers herself for re-appointment;

Special Business:-

1. Re-appointment of Mr. P.S. Deodhar (DIN: 00393117) as Whole-time Director designated as Chairman and Managing Director of the company for 3 years.

2. Increase of Authorized Capital from Rs. 10.00 crores to 20.00 crores.

3. Change of Registered Office of the Company from Thane to Navi Mumbai.

4. The members were informed that a consolidated report on total votes cast in favour and against would be submitted by the Scrutinizer within 48 hours of the conclusion of AGM and the same would be forthwith declared by the company by notifying to the Stock Exchange and publishing it on company’s website at www.aplab.com and NSDL website at www.evoting.nsdl.com

5. The Company Secretary then concluded the meeting. He also thanked all the Members and Directors for their participation in the meeting.

Kindly take the above on your records.

Thanking you,

Yours faithfully, For Aplab Limited Rajesh K. Deherkar Company Secretary & Finance Controller

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