Banka BioLoo Limited — AGM Information 2021

Sep 30, 2021

Registered Office : A-109 Express Apartments, Lakdi ka Pool, Hyderabad - 500004 Corporate Office : 56, Nagarjuna Hills Road, Punjagutta, Hyderabad - 500082 +91 40 2980 1495 • info@bankabio.com • www.bankabio.com • CIN: L90001TG2012PLC082811

==> picture [117 x 57] intentionally omitted <==

30 September 2021

National Stock Exchange of India Limited Listing Department, Exchange Plaza Bandra Kurla Complex , Bandra (E) Mumbai - 400051

Symbol: BANKA

Sub: Outcomes/ Proceedings of the Annual General Meeting

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015, we hereby inform you that the 9[th] Annual General Meeting of the Company was held on Wednesday, 29 September 2021, at 5 PM (17:00 hours) through video conferencing (VC) / other audio-visual means (OAVM), pursuant to General Circular No. 02/2021 dated 13 January 2021, read with General Circular No. 20/ 2020 dated 5 May 2020, read with General Circular No. 14/ 2020 dated 8 April 2020, and General Circular No. 17/ 2020 dated 13 April 2020, and any further amendments thereof, issued by the Ministry of Corporate Affairs (collectively referred to as “MCA Circulars”), Circular No. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated 15 January 2021, read with Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated 12 May 2020, issued by the Securities and Exchange Board of India and relevant provisions of the Companies Act, 2013, and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The summary of the proceedings of the Annual general Meeting is enclosed herewith as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015.

Thank you!

For Banka BioLoo Limited

==> picture [65 x 47] intentionally omitted <==

==> picture [49 x 47] intentionally omitted <==

Sri Bala Aditya Yanamandra Company Secretary & Compliance Officer

Registered Office : A-109 Express Apartments, Lakdi ka Pool, Hyderabad - 500004 Corporate Office : 56, Nagarjuna Hills Road, Punjagutta, Hyderabad - 500082 +91 40 2980 1495 • info@bankabio.com • www.bankabio.com • CIN: L90001TG2012PLC082811

==> picture [117 x 57] intentionally omitted <==

SUMMARY OF THE PROCEEDINGS OF 9[TH ] ANNUAL GENERAL MEETING OF BANKA BIOLOO LIMITED CONVENED AT 5 PM (17:00 HOURS) ON WEDNESDAY, 29 SEPTEMBER 2021, THROUGH VIDEO CONFERENCING (VC)/ OTHER AUDIO-VISUAL MEANS (OAVM)

DIRECTORS PRESENT

• Mr. Sanjay Banka, Executive Chairman

• Mrs. Namita Banka, Managing Director

• Mr. Vishal Murarka, Executive Director & CEO

• Mr. T V Rama Krishna, Executive Director & CFO

• Mr. Akhilesh Tripathi, Executive Director

• Mr. Sanjay Gangwar, Non-Executive Independent Director

• Dr. D B Raju, Non-Executive Independent Director

• Ms. Aparajita Agrawal, Non-Executive Independent Director

ALSO, PRESENT

• Mr. Venkat Yeruva, Statutory Auditors

• Mr. M. Ramana Reddy, Secretarial Auditor and Scrutinizer

MEMBERS

Total 21 members were present in the video conference, including 5 persons belonging to Promoter and Promoter Group.

A. Date, Time and Venue of the Annual General Meeting (AGM)

The 9[th] Annual General Meeting of the Company was held on Wednesday, 29 September 2021, through video conferencing (VC) / other audio-visual means (OAVM). The Meeting commenced at 5 PM (17:00 Hours) IST, and concluded at 5:39 PM (17:39 Hours) IST.

B. Proceedings in brief

• Mrs. Namita Banka, Managing Director of the Company welcomed the shareholders, Board Members, and other invitees of the Company to the 9[th] AGM of the Company.

• Mr. Sanjay Banka, Executive Chairman chaired the Meeting.

• The requisite quorum being present, the Chairman called the Meeting to order.

• Mr. T V Rama Krishna, Executive Director & CFO, briefed about the e-Voting and voting during the AGM, and informed that the Meeting was held through VC/ OAVM, in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

• The Chairman addressed the members and delivered his speech on the business and performance highlights of the Company.

• The notice of the Annual General Meeting, since already circulated, was taken as read with the permission of the members.

• Board’s Report & Auditor’s Report was also taken as read.

• No shareholder had registered as speaker for the AGM. However, the Chairman requested the Members to express their views and to raise queries, if any, with regard to the operations of the Company for the financial year 2020-21.

• The shareholder(s) queries were attended and answered by Mr. Vishal Murarka, Executive Director & CEO of the Company.

• The Chairman informed that pursuant to provisions of Section 108 of the Companies Act, 2013, read along with the rules made thereunder, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, remote e-Voting commenced at 9 AM on Sunday, 26 September 2021 and concluded at 5 PM on Tuesday, 28 September 2021.

• The following items of business as set out in the Notice convening the 9[th] Annual General Meeting were recommended to members for consideration and approval.

ORDINARY BUSINESS

1. Consideration and adoption of the audited financial statements of the Company for the financial year ended 31 March 2021, together with the reports of the Board of Directors and the Auditors’ thereon.

2. Appointment of Director in place of Mr. T V Rama Krishna (DIN 07977695), who retires by rotation and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS

1. Re-appointment of Mr. Sanjay Banka as Whole-Time Director, designated as Executive Chairman of the Company, for a period of 3 years, and approve the terms and remuneration of such appointment.

2. Re-appointment of Mrs. Namita Banka as Managing Director of the Company for a period of 3 years, and approve the terms and remuneration of such appointment.

3. Re-appointment of Mr. Akhilesh Tripathi as Whole-Time Director of the Company for a period of 3 years, and approve the terms and remuneration of such appointment.

4. Re-appointment of Mr. T V Rama Krishna as Whole-Time Director, designated as Chief Financial Officer (CFO) of the Company, for a period of 3 years and approve the terms and remuneration of such appointment

5. The Chairman also informed the members that Mr. M Ramana Reddy (CP No. 18415), a Practicing Company Secretary, was appointed as the scrutinizer to scrutinize the voting through electronic means (i.e., remote e-Voting and voting at the meeting by using electronic mode).

6. The Chairman informed the members that the results of e-Voting shall be disseminated to National Stock Exchange, and also uploaded on the website of the Company and Central Depository Services Limited (CDSL), the authorized agency for providing e-Voting facility for this AGM of the Company.

C. Voting by members

• The Company had provided remote e-Voting facility to its members to cast votes electronically on all 6 items of business set out in the Notice.

• Further, the facility to vote on resolutions through electronic voting system at the meeting was made available to the members, who participated in the meeting and had not cast their votes through remote e-Voting.

Notes

• i. The Company will, separately, intimate the results of e-Voting to National Stock Exchange within the prescribed time.

• ii. This document does not constitute minutes of the Annual General Meeting of the Company.

For Banka BioLoo Limited

Date: 29 September 2021 Place: Hyderabad

==> picture [41 x 40] intentionally omitted <==

==> picture [94 x 34] intentionally omitted <==

Sanjay Banka Executive Chairman DIN: 06732600