Benares Hotels Ltd — AGM Information 2019

Aug 31, 2019

BHL/S.xchg./

August 31, 2019

BSE Limited

Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J Towers, Dalal Street, Fort, Mumbai – 400 001

Scrip Code : 509438

Dear Sirs,

Re: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) – Regulations, 2015 (Listing Regulations) Summary of the proceedings of the 48[th] Annual General Meeting (AGM) of the Company held on August 30, 2019

As per the requirements of Regulation 30 – Para A of Part A of Schedule III of the Listing Regulations, please find enclosed a summary of the proceedings of the AGM of the Company held on August 30, 2019.

You are requested to kindly take the same on record.

Thanking you,

Yours sincerely, for Benares Hotels Ltd. Vanika Mahajan Company Secretary

Encl. a/a

Summary of the proceedings of the 48[th] Annual General Meeting

The 48[th] Annual General Meeting (AGM) of the Members of Benares Hotels Limited was held on Friday, August 30, 2019 at 3:00 p.m. and concluded at 3.45 p.m. at Nadesar Palace Compound, Varanasi - 221 002.

Dr. Anant Narain Singh chaired the meeting. The requisite quorum being present, the Chairman called the meeting to order. Except for Mr. Puneet Chhatwal, all other Directors attended the Meeting. The Chairman then delivered his speech with respect to the industry scenario, growth outlook and the operations of the Company and with the consent of the shareholders, the Notice convening the AGM was taken as read.

The following resolutions set out in the Notice convening the AGM were proposed and seconded by the Members:

Item No.	Details of the Agenda	Resolution Required
1.	To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2019, together with the Reports of the Board of Directors and the Auditors thereon.	Ordinary
2.	To declare a dividend on Equity shares for the financial ended on March 31,2019.	Ordinary
3.	Reappointment of Mr. Rohit Khosla (DIN: 07163135) as a Director of the Company.	Ordinary
4.	Appointment of Mr. Puneet Raman (DIN: 00341221) as an Independent Director of the Company.	Ordinary
5.	Re-Appointment of Mrs. Rukmani Devi (DIN: 00552831) as an Independent Director of the Company.	Special

The Chairman informed the Members that Mr. Shreepad Korde, Practicing Company Secretary (Membership No. 563) was the Scrutinizer appointed by the Board to scrutinize the remote e-voting and voting by Ballot Paper at the AGM.

The Chairman informed the Members that the facility of e-voting for the members was made available from August 27, 2019 (9.00 a.m. IST) till August 29, 2019 (5.00 p.m. IST) and that the facility for voting by Ballot Paper had been provided at the AGM venue. The Chairman informed the Members who were present at the AGM and had not cast their votes by remote e-voting could cast their vote at the meeting.

The Chairman then invited the Members to express their views, give suggestions and make enquiries on the operations and financial performance of the Company and related matters. The Chairman then responded to all the queries raised and clarifications sought by the members.

The Chairman thanked the Members for attending and participating in the Meeting and requested the Members to continue voting. The Chairman authorized the Company Secretary to declare the results of voting.

The Scrutinizers Report was received on August 30, 2019 and as set out therein all the said resolutions were declared passed with the requisite majority.

Yours sincerely, for Benares Hotels Ltd. Vanika Mahajan Company Secretary

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