Avenue Supermarts Limited — AGM Information 2021

Aug 17, 2021

Avenue Supermarts limited

Plot No. B-72 & B-72A. Wagle Industrial Estate. Thane (West) , Maharashtra, India - 400 604

Tel. 91 22 33400500 • Fax: 91 22 33400599 • e-mail: Info@dmartindia com • Website: W\AIW.dmartJndia.com

August 17, 2021

BSE Limited

Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400001

The National Stock Exchange of India Ltd. Corporate Communications Department "Exchange Plaza", ^s'' Floor, Bandra - Kurla Complex, Bandra (East), Mumbai - 400051

BSE Scrip Code: 540376 NSE Scrip Symbol: DMART

Sub: Proceedings ofthe 21st Annual General Meeting of the Company held on August 17, 2021

Pursuant to Regulation 30 read with Part A of Schedule III SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to provide the proceedings of 21st Annual General Meeting (AGM) of the Company, held on Tuesday, August 17, 2021 at 11.00 a.m. (1ST) through video conferencing (VC} /other audio visual means, in accordance with the applicable provisions of Companies Act, 2013 read with the Rules issued thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Proceedings in brief:

• Mr. Ramesh Damani, Chairman of the Company chaired the Meeting;
• Mrs. Ashu Gupta, Company Secretary briefed the Members with general instructions for attending the meeting through VC and process of e-voting at the meeting;
• The requisite quorum being present, the Chairman called the meeting to order;
• The Chairman addressed the members;
• The Chairman then introduced the Board Members, Key Managerial Personnel, Mr. Sudhir Soni, Partner of S R B C & CO LLP, Statutory Auditors of the Company and Mr. Himanshu S. Kamdar (Membership No. 5171), Partner of Mis. Rathi & Associates, Practicing Company Secretaries, who was appointed as a Scrutinizer to scrutinize the voting process;
• The Chairman then invited the speakers to seek views I raise queries;
• Mr. Ignatius Navil Noronha, Managing Director & CEO of the Company responded to the queries raised by the members;
• The Chairman requested those members who had not cast their vote by remote e-voting process to e-vote on Ordinary and Special Businesses as set out in the Notice of AGM dated May 8,2021 and as mentioned below.

Ordinary Business:

1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2021 along with the reports of the Board of Directors and Auditors thereon.

Avenue Supermarts limited

Plot No. 8-72 & 8-72A Wagle Industrial Estate Thane (West) , Maharashtra,lndia - 400604

Tel. 8' 22 13400500 • Fax: 91 22 33400599 • e-mail: Info@dmartindia.com • Website: wwwdmartinclla.com

1. Re-appointment of Mr. Elvin Machado (DIN: 07206710) who retires by rotation and being eligible, has offered himself for re-appointment.

Special Business:

• 1. To approve payment of commission to Independent Directors of the Company, aggregate of which shall not exceed one percent of net profit of the Company per annum computed in accordance with Section 198 of Companies Act, 2013 for a period of five years commencing from April 1,2022.
• The Members were informed that a consolidated report on total votes cast in favour and against would be submitted by the Scrutinizer within two working days and the same would be forthwith declared by the Company by notifying to the Stock Exchanges and publishing it on its website www.dmartindia.com and the website of NSDL www.evoting.nsdl.com.
• The Chairman then concluded the meeting and informed the Members that the e-voting facility would be available for 15 minutes after the closure of the meeting. He also thanked all the Members and Directors for their participation in the meeting.
• The Meeting concluded at 12.20 p.m.

Request you to take the above on record and oblige.

Thanking You,

For Avenue Supermarts Limited

Ashu Gupta Company Secretary & Compliance Officer