AXISCADES TECHNOLOGIES LIMITED — AGM Information 2020

Sep 30, 2020

September 30, 2020

Listing Department National Stock Exchange of India Ltd. Exchange Plaza, C‐1, Block G Bandra Kurla Complex, Bandra (E), Mumbai‐ 400051 BSE Scrip Code : 532395

The Manager Dptt. of Corporate Services BSE Limited Floor 25 Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai – 400 051 NSE Symbol: AXISCADES

Dear Sir,

Sub.: Submission under Regulation 30 of SEBI (LODR) – Proceedings of the Annual General Meeting

We are herewith enclosing the proceedings of the 30th Annual General Meeting of the Company held on September 29, 2020, for your records.

Yours truly, For AXISCADES Engineering Technologies Limited

Shweta Agrawal

Digitally signed by Sheeta Agrawal
DN: c=IN. o=Personal.
meudonym-2f2eca1081b691bfaef5ea5d75dd289f0b1f
683dF1daR33641c9f552c879095.pontalCode=201010.MHUTTAR PRADESH.
serialNorthernh71eas7.7d6s25s254278d88806-Welles1265921c2be711f486519eae51bf00b.cn=Shweta
ArranealDate: 2020/09/30 16:02:13 +05'30'

Shweta Agrawal

Company Secretary

AXISCADES Engineering Technologies Limited CIN No.: L72200KA1990PLC084435

Summary of Proceedings of the 30th Annual General Meeting

The 30th Annual General Meeting (AGM) of the Members of AXISCADES Engineering Technologies Limited ("the Company") is held on Tuesday, 29 September 2020, at 5:00 pm (IST) through Video Conferencing/ Other Audio Visual Means in compliance with the provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and SEBI from time to time.

Directors present through video conference:

Mr. David Bradley ‐Chairman & Non‐Executive Director

• Mr. Sudhakar Gande ‐Non‐Executive Director
• Mr. David Walker‐ Non‐Executive Director
• Mr. Kailash Rustagi‐ Independent Director‐Chairman AC & STC
• Mr. Pradeep Dadlani‐ Independent Director‐ Chairman NRC & CSR Committee
• Ms. Mariam Mathew‐ Independent Director
• Mr. Sharadhi Babu ‐ CEO & Executive Director

In Attendance

Ms.ShwetaAgrawal	CompanySecretary&Complianceofficer
Mr.A.Srinivas	ChiefFinancialOfficer
Mr.SunilGaggar	StatutoryAuditors
Mr.AnantKhamankar	SecretarialAuditor&Scrutinizer

Ms Shweta Agrawal, Company Secretary, on behalf of the Chairman welcome all the members attending the Annual General Meeting. On being informed, the requisitequorumbeing present, she called the meeting to order.

She further informed that the statutory registers and other applicable documents were available for inspection of members electronically.

With the consent of the members, the notice convening the AGM, the Annual Accounts, Boards' Report and the Auditor's Report for the financial year ended March 31, 2020 were taken asread.

The Chairman briefed the shareholders about the performance of the Company during the financial year 2019‐20 and outlook for the future.

AXISCADES Engineering Technologies Limited

CIN No.: L72200KA1990PLC084435

Thereafter,the CEO presented the operational highlights of the Company during the financial year 2019‐20.

Thereafter, the Company Secretary opened the stage for 'Questions & Answers' for the members who had registered themselves as the speakers to ask questions or express their views. The management responded to the queries posted by the members.

The Company Secretary further informed the members that the Company had provided the remote e‐voting facility to the members (which started at 1ST 9:00am on Friday, September 25, 2020 and concluded at 1ST 5:00 PM on Monday, September 28, 2020} to cast their votes on all the resolutions set forth in the AGM Notice. Members who were participating in the meeting and had not cast their votes through remote e‐voting, were provided the opportunity to cast their votes through e‐voting at the meeting.

The following items of business as stated in the notice convening 30th AGM, were put to vote and approved by members.

Ordinary Business:

(i) To receive, consider and adopt the Financial Statements of the Company for the year ended March 31, 2020 including the Audited Balance sheet as on 31st March 2020, the Statement of Profit and Loss and Cash Flow Statement, for the year ended on that date (including the consolidated financial statements) together with the report of the Board of Directors and Auditors thereon.

(ii) To appoint a Director in place of Mr. David Bradley (DIN No:8380717), who retires by rotation and being eligible, offers himself for re‐appointment.

Special Business:

• (iii) Appointment of Mr. David M Walker as Non‐ Executive Non‐Independent Director
• (iv) Appointment of Mr. Desh Raj Dogra as an Independent director
• (v) Appointment of Mr. Dhiraj Mathur as an Independent director
• (vi) Change of name of the Company (Special Resolution)

Mr. Anant Khamankar of M/s Anant B Khamankar & Co., who was appointed as the scrutinizer, was requested to compile the results of remote e‐voting as well

AXISCADES Engineering Technologies Limited

CIN No.: L72200KA1990PLC084435

as e‐voting at the AGM and submit consolidated scrutinizer's report within the stipulated time.

The Company Secretary, with the permission of the Chairman, then concluded the meeting with vote of thanks to all the members for attending and participating in the meeting.

This is for your information and records.

Thanking You.

Yours faithfully,

For AXISCADES Engineering Technologies Limited

Shweta Agrawal Digitally signed by Shweta Agrawal DN: c=IN, o=Personal, pseudonym=2f2eca1081b691bfaef5ea5d75dd289 f0b1f683df1daf93f641c9f552c879095, postalCode=201010, st=UTTAR PRADESH, serialNumber=b51eaa57d6e28a254278d88896c3f e1ea3265921c2be711f486519eae51bf00b, cn=Shweta Agrawal Date: 2020.09.30 16:02:46 +05'30'

Shweta Agrawal

Company Secretary

AXISCADES Engineering Technologies Limited CIN No.: L72200KA1990PLC084435