BSL:SEC:20

To, I3SE Ltd., 25'h Floor, P.l. Towers, Dalal street, Fort, Mumbai 400 001

Date: 25" February 2020

I i I

To, National Stock Exchange of India ltd. 5,h Floor, Exchange Plaza. Bandra (E), Mumbai-400 051

Scrip Code:50312;Z

Symbol" I3ANSWRAS"

Dear Sir! Madam,

Subject: Postal Ballot Notice- Disclosure under regulation 30 of the SE,BI (Listing Obligations and Disclosure Requirements) RegltlatJons,20:J,S r 'B!ii3! tOUR") .

Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed postal ballot Notice and Postal Ballot Form seeking 'Shareholders' approval for Revision in remuneration of Shri Rakesh Mehra (DIN: 00467321),Chairman and Whole Time Director of the Company,

The Postal Ballot Notice along with the Explanatory Statement and Postal Ballot FOrm is being sent to the Members whose names have appeared in the Register of Members or in the Register of Beneficial Owners as on Friday, February 21, 2020 (Cut-off date),

The Company has engaged the services of Central Depository Services (India) Limited (CDSL) for the purpose of providing e-voting facility to all its Members, The e-votingfactllty will be available from Wednesday, 26th February 2020 at 9.00 A.M. and end on Thursday, 26" March, 2020 at 5.00 P,M,

This is for yourinformation and records please,

Thanking You,

Yours FaithfUlly ., M ^r I3ANSW RA SYNTEX LX '(J'ffff!E~\ I , ~'~.J' '1' ,,, - ~~ C:,HSWABA 1-; : (H.P.KHARWAL) til" /',,',: COMPANY SECRETARY&C ~: • Enel: As above.

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BANSWARA SYNTEX LIMITED

Registered Office: Industrial Area,Dahod Road, PostBox No. 21,Banswara - 327 001 (Rajasthan)

CIN:L24302RJ1976PLC001684

Tela +91 2962257676/257679·681; Fax: +91 2962240692 Website: www.banswarasyntex.comiE~mall:[email protected]

NOTICE OFPOSTAL BALLOT

(Pursuant to Section 110 ofthe Companies Act, 2013 read with Rule 22 of The Companies (Management & Administration) Rules, 2014)

Dear Shareholder(s),

Notice is hereby given that pursuant to the provisions of Section 110and other applicable provisions,if any,of the CompaniesAct,2013 ("The Act"), read with Rule22 of the Companies(Management and Administration) Rules, 2014 and Regulation 44 of the Securitiesand Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (including any statutory modification{s), amendment(s) or re-enactmentts) thereof for the time being In force), the Company Isseeking consent of the shareholders on special business set out herein below, proposed to be passed by way of postal ballot or electronic voting (e-voting).

RESOLUTION TOBEPASSED THROUGH POSTAL BALLOT

SPECIAL BUSINESS:

ITEM NO.1: Revision In Remuneration of Shrl Rakesh Mehra, Chairman and Whole~Tlme Director of the Company,

To consider and, if thought fit, to pass,the following Resolution asSpecial Resolution through Postal Ballot:

"RESOLVEDTHATpursuant to the provisions of Sections 196, 197, 198 and 203 read with schedule V and other applicable provisions, if any, of the Companies Act, 2013 read with the rules framed there under and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modificatlon(s) or re-enactmentts) thereof for the time being in force) and provisions of Articles of Association of the Company and all other applicable rules, laws and acts (if any) and as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors of the Company subject to all other requisite approvals, permlsslons and sanctions and subject to such conditions as may be prescribed by any of the concerned authorities while granting such approvals as may be applicable, the consent ofthe shareholders of the Company, be and is hereby accorded for revision in remuneration of Shrl Rakesh Mehra (DIN-00467321), Chairman and WholewTime Director of the Company to 12,85,000!~ (RupeesTwelve lakh and Eighty FiveThousand Only) (BasicSalary) per month w.ef 'l''April, 2020 till the remaining period of his tenure l.e. up to 31't December, 2020, other terms and conditions remaining the same as set out In Special Resolution passed by the members of Company at their 41<l Annual General Meeting held on 14th September, 2017,

RESOLVED FURTHERTHATthe Board of Directors, Shri J.K.Jain, Chief Financial Officer and and Shrl H.P. Kharwal, Company Secretary, of the Company be and are hereby severally authorised to do all such acts, deeds, matters, things etc. and take all such steps as may be necessary, proper, expedient or Incidental for the purpose of giving effect to this resolution"

PLACE : BANSWARA DATE : 14.02.2020

For BANSWARA SYNTEX LIMITED

Registered Office Industrial Area, Dahod Road, Banswara-327001 (Rajasthan)

H.P. KHARWAL COMPANY SECRETARY & COMPLIANCE OFFICER MEM8ERSHIP No.28614

BYTHEORDER OFTHEBOARDOFDIRECTORS

NOTES:

1. The explanatory statement pursuant to Section 102 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules,2014 in respect to the special business is annexed herewith and forms part ofthis notice.
1. Notice of Postal Ballot is being sent to all the Shareholders, whose names appear on the Register of Members! Ust of Beneficial Owners asreceived from Registrar and ShareTransfer Agent (RTA) l.e. Computech Sharecap limited ason Friday, 21,t February, 2020 (cut-off date),
1. Members who have registered their email IDs for receipt of documents In electronic form are being sent the Notice of Postal Ballot by e-mail to their email addresses registered with their Depository Participants! the Company's RTA. Members who receive the Notice of Postal Ballot by e-mail and who wish to vote through Physical Postal Ballot Form can download the same from the website of the Company (www.banswarasyntex.com).FormemberswhoseemaIlIDsare not registered, physical copies of this Notice of PostalBallot are being sent by permitted mode along with a postage-prepaid self-addressed Business Reply Envelope. To seek a duplicate Postal Ballot Form, a member may send email to hpkherwelg'banswarasyntex.corn. The RTAIcompany shall forward the same along with postaqeprepaid self-addressed BusinessReply envelope to the Member.
1. Members who has fully paid-up share and whose names appear on the Register of Members/ Ust of Beneficial Owners on cut-off date will be considered for the purpose of voting.
1. Resolutions passed by members through postal ballot are deemed to have been passed (if approved by requisite majority) as if they have been passed at a duly convened General Meeting of the members.
1. Members can opt for only one mode of voting t.e. either by physical postal ballot or e-votlnq.In case members cast their votes through both the modes, then voting done bye-voting shall prevail and votes cast through physical Postal ballot forms wlll be treated as invalid.
1. In compliance with the provisions of Section 108, 110 of the Companies Act, 2013 and Rule 20 & 22 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the Securities and Exchange Board of India (listing Obligations and Disclosure Requirements) Regulations, 201S (including any statutory modification(s) or re-enactrnentts) thereof for the time being in force), the Company has provided the facility to shareholders to exercise their votes electronically and to vote on all resolutions through the e-vctinq service facility arranged by CDSL.The instructions for electronic voting are annexed to this Postal Ballot Notice.
1. In case of shares held by companies, trusts, societies, etc. the duly completed Postal Ballot Form should be accompanied by a certified copy of the Board resolution/Authority letter together with attested specimen signature(s) of the duly authorized slqnatcry/ies, giving requisite authority to the person voting on the postal ballot form, In case the voting is done In the physical form.
1. A member cannot exercise his vote by proxy on postal ballot.
1. Members wishing to exercise their vote by physical postal ballot are requested to carefully read the instructions printed on the Postal Ballot Form and return the Postal Ballot Form duly completed and slqned, in the enclosed postage-prepaid self-addressed BusinessReply envelope to the Scrutinizer, not later than the close of working hours on Thursday, 26th March, 2020 (05:00 P.M.), to be eligible for being considered, failing which, It will be strictly treated asIf no reply has been received from the Shareholder. The Postal Ballot Form should be completed and signed by the shareholder. The Scrutinizer's decision on the validity of the Postal Ballot shall be final. The postage will be borne by the Company. However, envelopes containing postal ballots, if sent by courier or registered / speed post at the expense of the Shareholder, will also be accepted. Postal Ballot Forms received after OS:OO P.M. on Thursday, 26th March, 2020 shall be deemed Invalid.
1. The Board of Directors of the Company has appointed CS Manoj Maheshwarl (FCS 3355), Company Secretary In practice, Jatpur as Scrutinizer for conducting the Postal Ballot voting process In a fair and transparent manner.
1. The Scrutinizer will submit his report to authorized person after the completion of scrutiny of the voting done through the postal ballot forms received in physical and through e-votlnq process, and the consolidated results thereof will be announced on or before Saturday, 28th March, 2020 at the Registered Office of the Company situated at Industrial Area, Dahod Road, Banswara-327001 (Rajasthan) at 5:00 P.M. (appointed time) by authorized Director of the Company. The result will be communicated to the stock exchanges, depository and will be uploaded on the Company's website l.e,www.banswarasynyex.com.
1. The last date of receipt of the Postal Ballot Forms I e-votinq l.e.Thursday, 26th March, 2020, shall be the date on which the resolutions would be deemed to have been passed, if approved by the requisite majority.
1. This Postal Ballot Notice is also placed on the website of the Company www.banswarasyntex.ccmand on the website of CDSLat www, evotlngindla.com.
1S. The voting through Postal Ballotle-voting will commence on Wednesday 26th February, 2020 at 9:00 A.M. and end on Thursday, 26th March, 2020 at 05:00 P.M.
1. Any query/grievances In relation to the resolution proposed to be passed by Postal Ballot may be sent to Shri H.P, Kharwal Company Secretary & Compliance officer at the Registered Office of the Company situated at Industrial Area, Dahod Road, Post Box No. 21, Banswara~327001 (Rajasthan). E~mailID: [email protected],ContactNo. 02962-257676, 2S7679~681.
1. All relevant documents referred in the Postal Ballot Notice shall be open for inspection at the Registered Office of the Company on all working days Il.e. except Saturdays, Sundays and National Holidays) during business hours up to the date of declaration of the result of Postal Ballot.

18. E-voting Facility.

The business may be transacted through e-vctlnq Services provided by Central Depository Services (India) limited (CDSL).

If you are holding shares in Demat form and had logged on to www.evotlnglndla.comandcastyourvoteearlierforEVSNof any Company, then your existing login Id and password are to be used.

The instructions for shareholders voting electronically are as under:

(i) The voting period begins on 9:00 A.M. on Wednesday 261h February, 2020 and ends at 5:00 P.M, on Thursday, 26th March,2020. During thls period, shareholders' of the Company, holding shares either in physical form or 'Indematerialized form, as on the cut-off date Le. Friday, 21'1February, 2020 may cast their vote electronically, The e-vottnq module shall be disabled by CDSLfor voting thereafter. Once the vote on a resolution is cast by the shareholder, the shareholder shall not be allowed to change it subsequently.

(ii) Shareholders who have already voted through e-voting would not be entitled to vote through postal ballot.
[ill} The share holders should logon to the e-votinq website www.evotingindia.com.
(Iv) Click on "Shareholders"tab
(v) Now enter your User to
a. For CDSL 16 digits beneficiary 10,
b. For NSDL:8 Character Dr lD followed by 8 Digits Client 10,
c. Members holding shares in Physical Form should enter Folio Number registered with the Company.
(vi) Next enter the Image Verification asdisplayed and Click on Login.
(vii) If you are holding sharesIn dematform and had logged on to www.evotingindla.comandvotedonanearliervoting of any Company, then your existing password is to be used.
(viii) If you are a first time user,follow the steps given below

For Members holding shares in Demat Form and Physical Form --~--~~
PAN *	Enter your 10 digit alpha-numeric *PAN Issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders)
	Members who have not updated their PAN with the Company/ Depository Participant are requested to use the code NPBSL along with the 5 digits of the sequence number mentioned on the attendance slip.
Dividend Bank Enter the Dividend Bank Details or Date of Birth (In dd/mm/yyyy format) as recorded In your demat account or in the Company records in order to login. tfboth the details are not recorded with the Depository or Company, Details OR Date of Birth (DOB) please enter the member ID / Folio No. in the Dividend Bank details field as mentioned in Instruction (v).

(ix) After entering these details appropriately, dick on "SUBMIT"tab.
(x) Members holding shares In physical form will then directly reach the Company selection screen. However, members holding shares in demat form will now reach 'Password Creation' menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password Is to be also used by the dernat holders for voting for resolutions of any other company on which they are eligible to vote, provided that company opts for e-vottnq through CDSLplatform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.
(xi) For Members holding shares in physical form, the details can be used only for e-votlnq on the resolutions contained in this Notice.
(xii) Click on the EVSN for Banswara Syntex Ltd. on which you choose to vote.
{xiil)On the voting page, you will see "RESOLUTION DESCRIPTION" and against the same the option "YES/NO" for voting. Select the option YES or NO asdesired. The option YES implies that you assent to the Resolution and option NO implies that you dissent to the Resolution.
(xlv) Click on the "RESOLUTIONS FILE LINK"if you wish to view the entire Resolution details.
(xv) After selecting the resolution you have decided to vote on, dick on "SUBMIT': A confirmation box will be displayed. If you wish to confirm your vote, dick on "OK'; else to change your vote, click on "CANCEL" and accordingly modify your vote.
(xvl) Once you "CONFIRM"your vote on the resolution, you will not be allowed to modify your vote.
(xvii) You can also take a print of the votes cast by clicking on "Click here to print" option on the Voting page.
(XViii) If a demat account holder has forgotten the login password then Enter the User ID and the Image verification code and click on Forgot Password & enter the details as prompted by the system. In case of any other queries/grievances connected with voting by electronic means, you may also contact Shrl Patrick A. Butelhoof Computech Sharecap LImited, on 022~22635000~Ol. E~mailID: hel pdeskgcomputechsharecap.ln,
(xix) Note for Non -Individual Shareholders and Custodians Non-lndlvidual shareholders (l.e. other than Individuals, HUF, NRIetc.) and Custodian are required to log on to www.evottnutndle.com and register themselves asCorporate.
A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to hetpdesk.evotlnqge cdstindle.corn.
After receiving the login details a Compliance User should be created using the admln login and password. The Compliance Userwould be able to link the account(s) for which they wish to vote on.
The list of accounts linked In the login should be mailed to [email protected] and on approval of the accounts they would be able to cast their vote.
A scanned copy of the Board Resolution and Power of Attorney(POA) which they have Issued in favour of the Custodian, If any, should be uploaded In PDFformat in the system for the scrutinizer to verify the same.

In case of members receiving the physical copy:

(a) Pleasefollow all steps from sl. no. (I)to sl.no. (xix) above to cast vote,
(b) The voting period begins at 9:00 A.M. on Wednesday 26th February, 2020 and ends at 5:00 P.M. on Thursday, 26th March, 2020. During this period shareholders of the Company, holding shares either In physical form or in dematerialized form, as on the cut-off date t.e. Friday 21't February, 2020, may cast their vote electronically. The e-votlnq module shall be disabled by CDSLfor voting thereafter.
(c) In case you have any queries or issues regarding remote e-votlnq, you may refer the Frequently Asked Questions (JlFAQs") and e-votlnq manual available at www.evotmqlndla.corn, under help section or write an email [email protected].
(d) Members have the option either to vote through the remote e-votlnq process or through the Postal Ballot Form. Members who have received the Postal Ballot Notice by email and who wish to vote through Postal Ballot Form can seek duplicate Postal Ballot Form from the Company, fill In the requisite details and send the same to the Company,

EXPLANATORY STATEMENT PURSUANTTO SECTION 102 OFTHECOMPANIES ACT. 2013

ITEM NO. 1:

Shri RakeshMehta, Whole Time Director of the Company was appointed and re-deslqnated as chairman by the board at Its meeting held on 30th May, 2019 for his remaining tenure Le. upto 31'1 December, 2020 and the same was subsequently approved by the members at the 43'd AGM held on 2Th September, 2019.

Further, in view of Increased role and responsibility ofShri RakeshMehra Whole Time Director and Chairman of the company and the progress made by the company under his leadership and qutdance and as per the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on 141h February, 2020 approved the revision In the remuneration of Shrl RakeshMehra for his remaining tenure l.e. upto 31,I December, 2020 on terms and conditions enumerated of the resolution.

Further also, it is clarified that the other terms and conditions remaining the same as set out in Special Resolution passed by the members of Company at their 41,t Annual General Meeting held on 14th September, 2017.

Accordingly, Pursuant to section 197 read with schedule V of the Companies Act, 2013, the consent of the members Is sought for revision of the remuneration of Shri Rakesh Mehra as decided by the Board. It Is submitted that based on the projections, the overall managerial remuneration may exceed the limit specified in section 197 of the companies act, 2013.

It is hereby confirmed that the company has not committed any default In respect ofany of its debts or interest payable thereon for continues period of 30 days in the preceding financial year and in the current financial year.

The members are requested to consider the revision In remuneration of Shri Rakesh Mehra, Chairman of the company.

Pursuant to clause (iv) of section II of Schedule V of the Companies Act, 2013 the following statement Is given

I. GENERALINFORMATION

51. No.	Particulars/Subject	Information
1.	Nature of industry	Manufacturing ofTextile Products
2.	Date or expected date of commencement of commercial production .•._----	0511' May, 1976
3.	In case of new companies, expected date of commencement of activities as per project approved by financial institutions appearing In the prospectus	NA
4.	Financial performance based on given Indicators	In the Financial Year 2018-19, the Company made a turnover 24,14 Crores of~ 1351 Crores (Gross)and Profit after tax
5.	Foreign Investments or collaborators, if any.	No such investment or collaboration except minor shareholdlng of Non Resident Indians.

II. INFORMATION ABOUTTHE APPOINTEE

51. No.	Particulars/Subject	Information
1.	Background Details	ShylRakesh Mehra, Aged 62 Years, isa Chartered Accountant having more than 34 years of experience in the Textile Industry, He has been Chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) for two terms. Presently, he is Convener of the MMF Textiles Sub Committee of Confederation of Indian Textile Industry {(1Tl) and President of Indian Spinners'Association (lSA).
2.	Past remuneration	As per Special Resolution passed by the Shareholders at their meeting held on 14th September, 2017.
3.	Recognition or awards	N.A.
4.	Job profile and his sultablltty	He is Chairman & Whole Time Director of the Company and looking after over all affairs of the Company.
5.	Remuneration proposed	The Board has proposed 12.85 Lakhs (basic Salary) per month and other terms and condition shall be same as approved by the members of the Company at their Annual General Meeting held on 14th September, 2017.
6.	Comparative remuneration profile with respect to industry, size of the company, profile ofthe position and person	The remuneration proposed is excess the maximum permissible remuneration as per Schedule V of the Companies Act, 2013 which is comparable with the Companies of the same size and profitabltlty.
7.	Pecuniary relationship directly or indirectly with the Company personnel, if any	Except, Shri Rakesh Mehra, Chairman and Whole Time Director, Shri Ravindra Kumar Toshniwal, Managing Director and Shri Shaleen Toshniwal Whole Time Director, no other director of the Company or relative is having any material pecuniary relationships with the Company. During the period ended on 31 <i 2019.<="" march,="" td="">

III. OTHER INFORMATION:

51. No.	Particulars/Subject	Information
1.	Reason of loss or inadequate profits	In the Financial Year ended 31" March, 2019, the Company made Profit after Tax of 24.14 Crores. The remuneration proposed Is excess the maximum permissible remuneration as per Schedule V of the Companies Act, 2013.
2.	Steps taken or proposed to be taken for improvement	N.A.
3.	the Expected increase in productivity and profits in measurable terms	N.A.

Brief profile of Shri Rakesh Mehra, Chairman and Whole Time Director including the Information required to be furnished under regulation 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard on General Meetings ("SS~2"), Issued by the Institute of Company Secretaries of India are given below:

Position/Post	Chairman
Name of the Director	Shri Rakesh Mehra
OIN	00467321
Date of Birth / Age	19.11.1957 62Year
Date of Appointment	23.04.1986
Qualification (5)	Fellow Member of The Institute of Chartered Accountants of India.

Position/Post	Chairman
• Relationships between the Directors Inter- se	Shrt Ravindra KumarToshniwal Brother -in~ Law 1-
	Shri ShaleenToshniwal- Brother-in - Law 2.
Nature of expertise in specific functional areas	He Isa Chartered Accountant having 34 years'experience in the Textile Industry, Ex-Chairman ofThe Synthetlc& RayonTextile Export Promotion Council (SRTEPC), and Looking after the commercial and financial activities besides export salesof yarn and Automotive Fabric Business.
Name(s) of the Companies In which directorship	Moonfine Trading Co.Pvt. Ltd. 1-
held as on date.	ExcelPackPvt. ltd. 2.
	3. TESCATextile & SeatComponents (India) Pvt.Ltd, (Formerly known asTreves BanswaraPvt. Ltd.)
	4. BanswaraSyntex Limited
Membership / Chairmanship of the Committees of Boards of other companies	NIL
No. of Shares held in the Company	6061 Shares
Remuneration Sought to be paldnast drawn	Terms and Conditions of appointment or re-appointment are as per the Remuneration and Nomination Policy of the Company as displayed on the Company's website l.e. www,banswarasyntex.comTheRemuneration last drawn Is~ 7.95 Lakh (BasicSalary)per month,
Terms & Conditions of re-eppolntment	Not Applicable
The number of meetings of the Board attained during the year (2019~20)	3 (Three)

In view of increased role and responsibility and contribution made by Shrl RakeshMehra, the Board recommends the Special Resolution set out In the Item No.1 for the approval of the shareholders of the Company,

Shri Rakesh Mehra, Shri Ravindra Kumar Toshnlwal and Shri Shaleen Toshniwal (being related to Shri Rakesh Mehra) are interested in the resolution set out at Item No.1of the Notice.

Save and except the above, none of the Directors or Key Managerial Personnel and their relatives are, in any way, concerned or interested, financially or otherwise, In the resolutions set out at Item No.1 of the Notice

PLACE : BANSWARA DATE: 14.02.2020

BYTHEORDER OFTHEBOARDOFDIRECTORS For BANSWARASYNTEX LIMITED

Registered Office Industrial Area, Dahod Road, eanswere-azmot (Rajasthan)

H.P.KHARWAL COMPANYSECRETARY & COMPLIANCE OFFiCER MEMBERSHIP No. 2B614

BANSWARA SYNTEX LIMITED

Registered Office: Industrial Area, Dahod Road, Post Box No. 21, Banswara - 327 001 (Rajasthan) CIN:124302RJ1976PlC001684 Tel.: +91 2962 240690/257679-681; Fax: +91 2962 240692 Website: www.banswarasyntex.com; E-mail: [email protected]

POSTAL BALLOT FORM

(To be sent dully filled and signed to the Scrutinizer appointed by the company)

Serial No:

1.	Name(s) of Member(s)/Beneficial Owner: (including joint hoiders, if any, in block letters)
2.	Registered address of the sole/first named Member/Beneficial Owner:
3.	Registered Folio no'/OP 10'/elient 10': ('applicabie to members holding shares in dematerialized form)
4.	Number of shares held:

I/We hereby exercise my/our vote in respect of the Resolution to be passed through postal ballot for the business stated in the Notice of Postal Ballot dated 14'h February, 2020 issued by the Company by conveying my/our assent (FOR)/dissent (AGAINST) to the said Resolution by placing the tick mark (v) in the appropriate column below:

sr.no.	Particulars	I/We assent to the	I/We dissent to the
		Resolution (FOR)	Resolution (AGAINST)
1	Revision In Remuneration of shrl
	Rakesh Mehra (DIN No. 00467321),
	Chairman and Whole-Time Director
	ofthe Company

Place:

Oate: Signature of the Member/ Beneficial Owner

NOTE:

a) If the voting rights are exercised electronically, there Is no need to use this form.

ELECTRONIC VOTING PARTICULARS

The e-voting facility is available at the https://www.evotingindia.com. The eiectronic voting particulars are set out below:

EVEN (E-votlng Event Number)	User 10	Password

The e-voting facility will be available during the following voting period:

Commencement of e-votlng	End of e-votlng
Wednesday, 26'h February, 2020 at 09:00 A.M.	Thursday, 26'h March, 2020 at 05:00 P.M.

Notes:

Pleaseread instructions printed beiow carefully before filing this form and for e-voting, please refer to the instructions for voting through electronic means

INSTRUCTIONS:

1. A member desiring to exercise vote by postal ballot should complete this postal ballot form with the assent (for) or dissent (against) and send it to the scrutinizer in the attached postage-prepaid self-addressed Business Reply envelope so as to reach the Scrutinizer, not later than the close of working hours on Thursday, 26thMarch, 2020 (05:00 P.M.j, to be eligible for being considered. Any Postal Ballot Form received after the aforesaid time and date will be treated as If Postal Ballot Form, from such Members, has not been received.
1. Alternatively, a member may vote through electronic mode as per the instructions for voting through electronic means provided in the Postal Ballot Notice sent herewith.
1. This form should be completed and signed by the shareholder. In case of joint shareholdlng, this Form should be completed and signed (as per the specimen signature registered with the Company/Depository Participants) by the first named Member and in his absence, by the next named Member. Joint shareholders shall be counted assingle shareholder when voting right is considered.
1. Unsigned/incomplete/defaced/mutilated Postal Ballot Form will be rejected.
1. Where the postal ballot form has been signed by an authorised representative of Body corporate, a certified copy of the relevant authorization to vote on the postal ballot should accompany the postal ballot form.
1. Shareholders need not to use all his votes nor he needs to cast all his votes in the same way.
1. Voting rights shall be reckoned on the paid up value of shares registered in the name of shareholder on the cut-off date.
1. The members are requested to exercise their voting rights by using the attached Postal Ballot form only. No other form or photocopy thereof is permitted.
1. Envelopes containing Postal Ballot form if deposited in person or sent by courier at the expense of the registered member will also be accepted.
1. Member is requested to fill the Postal Ballot Form with indelible ink pen (and avoid filling it by using erasable writing medium/s, e.g. pencil etc.).
1. A member may request for a duplicate Postal Ballot Form, if so required. However, the duly filled-induplicate Postal Ballot Forms should reach the Scrutinizer not later than the date specified in instruction number 1 above.
1. Votes of the Members from whom no Postal Ballot Form is received or is received after the stipulated time, as mentioned in the instruction number 10f this leaf, shall not be counted for the purpose of the passingthe Resolutions.
1. Members are requested NOTto send any other paper along with the postal ballot form in the enclosed postage-prepaid self-addressed Business Replyenvelope.

AI assistant

Banswara Syntex Ltd. Proxy Solicitation & Information Statement 2020

61853_rns_2020-02-25_106cc9df-8e28-4bc4-9785-8158f7704046.pdf

Scrip Code:50312;Z

BANSWARA SYNTEX LIMITED