Aries Agro Limited — AGM Information 2021

Sep 23, 2021

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F.NSE/QPA/0164 23[rd] September, 2021

Listing Department National Stock Exchange of India Ltd. ‘Exchange Plaza’, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051.

Ref: Scrip Code- ARIES

Sub: Proceedings of the Annual General Meeting held on 23.09.2021

Dear Sir,

As required by Regulation 30 of SEBI(Listing Obligations & Disclosure Requirements) Regulations, 2015, we herewith furnish the Proceedings of the 51[st] Annual General Meeting of the Company held on Thursday, 23[rd] September, 2021 as under:-

The Meeting commenced at 4.30 p.m. as the Quorum was present.

Dr. Rahul Mirchandani, Chairman and Managing Director of the Company took the Chair and conducted the proceedings.

Mr. Qaiser Parvez Ansari, Company Secretary explained the process of participation and Voting to the Members.

All the Directors (except Mr. B. V. Dholakia, Director and Chairmen of Audit Committee, who could not attend the Meeting due to Medical reasons) including the Chairman of Stakeholder Relationship Committee were present.

The Statutory Auditors, Secretarial Auditors and Cost Auditors were also present.

The Chairman briefed the Members about the Business of the Company and CSR Activities of the Company.

Few Members spoke and sought few clarifications. These were answered satisfactorily by the Chairman.

The following business was transacted:

ORDINARY BUSINESS:

Ordinary Resolutions:

1. Adoption of the Audited Financial Statements of the Company(both Standalone and Consolidated) for the year ended 31[st] March, 2021 together with the Reports of the Board of Directors and Auditors thereon.

2. Declaration of Dividend for the Financial Year ended 31[st] March, 2021 at the rate of Rs. 0.80 (8%) per Equity Share on 1,30,04,339 Equity Shares of Rs. 10/- each of the Company, for the year ended on 31[st] March, 2021 aggregating to Rs. 104.03 Lakhs payable to the Members whose names appear on the Register of Members of the Company on 15[th] September, 2021.”

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1. Appointment of Dr. Jimmy Mirchandani(DIN 00239021) as a Director who was liable to retire by rotation.

SPECIAL BUSINESS:

Special Resolution:

1. Re-appointment of Dr. Rahul Mirchandani as the Managing Director, for the a period of 5(Five) Years from 1[st] April, 2022 to 31[st] March, 2027 and approval of the Remuneration to be paid to him;

Ordinary Resolution:

1. Ratification of remuneration of M/S R. Nanabhoy & Co., Cost Auditors for the financial year ending March 31, 2022.

After the Question and Answer the Chairman declared the Meeting closed and time of 15 Minutes was given to the Members to cast their Votes.

After 15 Minutes the Chairman declared the 51[st] Annual General Meeting as closed at 5.45 p.m. He requested the Scrutinizer to furnish the combined Voting Results as early as possible but not later than 48 hours as stipulated in the Law.

Kindly take the above Proceedings on your record. The detailed Minutes of the meeting will be submitted in due course.

Thanking You,

Yours faithfully,

For ARIES AGRO LIMITED

Digitally signed by QAISER PARVEZ ANSARI DN: c=IN, o=Personal, postalCode=400703, st=Maharashtra, 2.5.4.20=6d9e9b109fd5d6ecc870e2262b9a1d3fa3bab341ffd0a QAISER PARVEZ ef38dcdf5e1513e54e5, pseudonym=A01C4B99922C1CF7446FAD49D613DAD8F86B6937, serialNumber=A92B5712F19A68FE53C89BD8B934EED8B57F3 ANSARI A0EB6D291C1DCE8166D302B8BFC, cn=QAISER PARVEZ ANSARI Date: 2021.09.23 20:01:33 +05'30'

QAISER P. ANSARI COMPANY SECRETARY & COMPLIANCE OFFICER

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