APOLLO PIPES LIMITED — AGM Information 2023

Sep 23, 2023

September 23, 2023

The National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051

NSE Symbol: APOLLOPIPE

Department of Corporate Services/Listing BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001

SCRIP Code: 531761

Dear Sir/Madam,

Re: Filing of proceedings of 37[th] Annual General Meeting of the Company held on 23[rd] September 2023, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We are pleased to inform you that the 37[th] Annual General Meeting (AGM) of the Company was duly held on Saturday, the 23[rd] September 2023, at 11:00 A.M. through Video Conferencing (VC) platform provided by CDSL, in due compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India .

Mr. Sameer Gupta, Chairman and Managing Director, took the Chair and welcomed and introduced the Directors present in the Meeting: Mr. Arun Agarwal, Jt. Managing Director, Mr. Ashok Kumar Gupta, Non-Executive Director, Mr. Abhilash Lal, Independent Director (Chairman of Audit Committee), Ms. Neeru Abrol, Independent Director (Chairperson of Nomination and Remuneration Committee and Stakeholders ‘Relationship Committee) and Mr. Ajay Kumar Jain, Chief Financial Officer.

Mr. Praveen Kumar Jain, representative of M/s. VAPS & Co., Statutory Auditor, Ms. Anjali Yadav, representative of M/s. Anjali Yadav & Associates, Secretarial Auditor, and Mr. Jatin Gupta, Scrutinizer and Mr. Ankit Sharma, Company Secretary of the Company were also present in the meeting.

All requisite Statutory Registers and other necessary documents were available electronically during the AGM for inspection of the Members.

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable provisions, if any, of the said regulations, we would like to inform your Exchange that the resolutions pertaining to the following items as set out in the Notice dated 25[th] July 2023, convening the 37[th] AGM of Members of the Company were transacted at the said AGM:

	Resolution No.		Resolution
			ORDINARY BUSINESS (ES)
	1.	Ordinary Resolution for adoption of Audited Financial Statements of the Company for the financial year ended March 31, 2023 and the Reports of the Board of Directors and Auditors thereon;
	2.	Ordinary Resolution to declare final dividend of Rs.0.60/- per equity share (i.e. @6%) for the financial year ended 31st March, 2023;
	3.	Ordinary Resolution for appointment of a director in place of Mr. Sameer Gupta (DIN: 00005209), who is liable to retire by rotation and being eligible, offers himself for re-appointment;
				SPECIAL BUSINESS(ES)
	4.	Ordinary Resolution for ratification of remuneration payable to Cost Auditors M/s. HMVN & Associates, Cost Accountants, for the financial year 2023-24;
	5.	Ordinary Resolution for taking note of issue and allotment of Fully Convertible Warrants issued on preferential basis, for giving null and void effect to the following paragraph mentioned at Point I –under the sub-head “Schedule of Implementation and Deployment of Fund” of heading “Objects of the Preferential Issue” under Item No. 3 of the Explanatory Statement of the EGM notice, dated March 14, 2023 “If the proceeds are not utilised (in full or in part) for the objects stated above during the period stated above due to any such factors, the remaining proceeds shall be utilised in subsequent periods in such manner as may be determined by the Board, in accordance with applicable laws. This may entail rescheduling and revising the planned expenditure and funding requirement and increasing or decreasing the expenditure for a particular purpose from the planned expenditure as may be determined by the Board, subject to compliance with applicable laws.”

The voting on all the above resolutions was conducted through remote e-voting and e-voting during the AGM.

The voting results on the above resolutions will be communicated to the Exchanges along with combined Scrutinizer's Report both on remote e-voting and voting at the aforesaid AGM. The same will also be placed on the Company’s website and on the website of CDSL.

The meeting concluded at 11:43 A.M. The E-voting facility was kept open thereafter for the next 15 minutes also to enable the Shareholders present to cast their votes.

You are requested to take the above on record.

Yours Truly For Apollo Pipes Limited ANKIT Digitally signed by ANKIT SHARMA SHARMA Date: 2023.09.23 15:32:12 +05'30'

Ankit Sharma Company Secretary & Compliance Officer

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