ATV Projects India Ltd — Board/Management Information 2021

May 17, 2021

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1. Consequent upon untimely and sad demise of Mr. S.P. Banerjee which also lead to cessation from the membership of audit Committee, stakeholder relationship committee, Nomination and remuneration Committee as well as from CSR Committee. Accordingly Board has reconsituted the composition of the said committees.

2. Board of Director with approval of Audit Committee members of the company has approved a Seven (7) years lease agreement with RA Agro Product ( formerly known as RA dairy and farm products) for agro use i.e., for growing fruits and vegetables etc. for Rs. 4 lacs per year at arm's length basis on the land which is situated at Bilandpur, Tehsil Manth, District Mathura.

3. Board of Director with approval of Audit Committee members of the company has approved a proposal to incorporate one new Unit of A TV Projects India Ltd for producing Mustard Oil by putting up an Oil Unit in the Agriculture land and for growing mustard feeding stock in Non-Agriculture Land which is situated at Bilandpur, Tehsil Manth, District Mathura. The Company will check the viability of the proposal before its implementation and also for Alteration of Memorandum and Articles of Association.

4. Board of Director with approval of Audit Committee members of the company has approved a proposal to construct a Channeling Fencing of the entire Manth land in District Mathura for safety purpose and also for long term benefit in the future at approx cost of Rs. 50 lakhs.

5. Board of Director with approval of Audit Committee members has decided to sale the plate bending machine which was purchased second hand wiuch has now become obsolete and is of no longer in any use. Hence, it has been decided to sale it in scrap value as the assets have no resale value.

This is for your information & record.

Thanking you,

Yours faithfully,

For A TV PROJECTS INDIA LIMITED l" l ? � H.C. GOP!'A ,- , :;J COMPLIANCE FFICER l '�, ·' ..[.. ]