Beta Drugs Limited — AGM Information 2024

Sep 30, 2024

BETA DRUGS LIMITED

Date: 30th September, 2024

To.

The Manager-Listing Department, National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex. Bandra (E) Mumbai - 400 051

Scrip Id: BETA ISIN: INE351Y01019

Sub: Summary of the proceeding of the 19^th Annual General Meeting of the Company held on Monday, 30th September, 2024 at 10:30 a.m.

Respected Sir/Ma'am,

Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 we are enclosing herewith proceedings of the 19th Annual General Meeting held on today i.e. on Monday, 30^th day of September, 2024 at 10:30 A.M.

You are requested to please take the same on your records.

Yours faithfully,

For Beta Drugs Limited

Digitally signed by Rajni Rajni Brar Brar 2024.09.30 12:03:10 + 05'30

Rajni Brar Company Secretary Date: 30/09/2024 Place: Baddi

CIN No.: L24230HP2005PLC028969

Admin. Office: SCO 184, Sector-5, Panchkula-134-114 Haryana (INDIA) Phone. +91-172-2585481-482-483 Registered Office & Works: Vill. Nandpur, Lodhimajra Road, Tehsil.: Baddi, Distt. Solan, H.P. Phone No.: 01795-236196

Website :- www.betadrugslimited.com

E-Mail :- info@detadrugslimited.com

SUMMARY OF THE PROCEEDING OF THE 19th ANNUAL GENERAL MEETING OF THE MEMBERS OF BETA DRUGS LIMITED HELD ON MONDAY, 30TH SEPTEMBER, 2024 AT 10:30 A.M. AT REGISTERED OFFICE OF THE COMPANY SITUATED AT VILLAGE NANDPUR, LODHIMAJRA ROAD, BADDI, DISTT SOLAN, H.P. 174101 AND CONCLUDED AT 11:45 A.M

Total 16 members were present in the meeting.

Summary of Proceedings:-

-Mrs Rajni Brar, Company Secretary and Compliance Officer of the Company, welcomed the members present and introduce all the dignitaries present at the AGM.

-Mr Rahul Batra (DIN: 02229234) Chairman cum Managing Director of the company, occupied the chair and conducted the proceedings of the General Meeting.

-The Chairman welcomed all the members present at the 19^th AGM and delivered speech about the Company operations and performance including financial position of the Company and its future.

-Further the chairman informed that statutory registers and other relevant documents mentioned in the Notice were available for inspection.

• The Chairman after - With the consent of the Members present, the Notice convening 19th Annual General Meeting, having been circulated to all the Members, was taken as read. He further informed the Members that the Auditors' report does not contain any qualifications/modified opinion or adverse remarks and the observation given by the secretarial auditor has been duly explained in the Director Report. The entire reports were read in the meeting, alongwith the management comments.

• The Chairman then handed over the proceedings to Mrs. Rajni Brar, Company Secretary of the Company to proceed on his behalf and to appraise members about legal provisions regarding voting through e-voting procedure and voting by ballot paper during the meeting. Mrs. Rajni Brar, Company Secretary stated that in accordance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of The Companies (Management & Administration) Rules, 2014, the Company had provided electronic voting facility to the members to vote between 26^th September, 2024 to 29^th September, 2024 in proportion to their shareholding as on cutoff date of 23rd September, 2024. She further informed the members that the scrutinizer for electronic voting Sh. Dinesh Bhandari, a Practicing Company Secretary was appointed for carrying out the e-voting in a fair and transparent manner. Mrs. Rajni Brar, CS further informed the members that in view of the General Circular No, 20/2014 dated June 17,2014 issued by the Ministry of Corporate Affairs, voting by show of hands is not allowed in case of e-voting. Therefore it was obligatory to provide similar voting facility to the members present in person at the AGM to vote in proportion to the shares held by them. She stated that the Poll will be conducted for voting on all the resolutions of ordinary and special businesses as set out in Item no 1 to 11 of Notice of AGM. She also clarified that the poll will be taken in the end after consideration of all the items of the notice by members. She also clarified that as per provisions of the Rule 20 of the Companies (Management and Administration) Rules, 2014, any member who have already casted his / her vote through e-voting prior to the meeting, will be entitled to attend the meeting only but will not be entitled to cast vote again

through ballot and only those members who had not participated in e-voting, will be entitled to cast their vote through ballot.

Then, Mr. Rahul Batra, Chairman also requested to Sh. Dinesh Bhandari, Practicing Company Secretary to scrutinize the poll process and votes given on the Poll and report thereon in the prescribed manner. 'Thereafter, the Chairman proceeded with the Agenda Items as per the Notice convening the 19th AGM of the Company, as under:-

Sr No.	Particulars
		Type of Resolution
	ORDINARY BUSINESS
1.	Adoption of Financial Statements (I) Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2024 and the Reports of the Board of Directors and Auditors thereon; and (II) Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2024, together with the Report of the Auditors thereon	Ordinary
2.	To appoint a Director in place of Mr. Varun Batra (DIN: 02148383), who retires by rotation and being eligible, offers himself for re-appointment.	Ordinary
3.	To appoint a Director in place of Mrs. Seema Chopra (DIN: 08510586), who retires by rotation and being eligible, offers herself for re-appointment.	Ordinary
4.	To appoint Statutory Auditors from the conclusion of this Annual General Meeting until the conclusion of the Twenty first Annual General Meeting and to fix their remuneration. SPECIAL BUSINESS	Ordinary
5.	To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2024-25 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013.	Ordinary
6.	To revise the remuneration payable to Mr. Rahul Batra (DIN No. 02229234), Managing Director of the company.	Special
7.	To revise the remuneration payable to Mr. Varun Batra (DIN No. 02148383), Joint Managing Director of the company.	Special
8.	Re-appointment of Mr. Balwant Singh (DIN: 01089968) as Whole-time Director of the Company w.e.f. 5th August, 2024 till 4 th August, 2029.	Special
9.	Re-appointment of Mrs. Seema Chopra (DIN: 08510586) as Whole-time Director of the Company w.e.f. 1st August, 2024 till 31st July, 2029.	Special
10.	To revise the remuneration payable to Mr. Ashutosh Shukla (DIN No. 09461568), Whole time Director of the company.	Special
11.	To alter the incidental object of the Memorandum of Association of the company.	Special

Conduct of Poll

The Chairman thereafter, ordered the poll on all the resolutions for the Ordinary and Special businesses as set out in item No. 1 to 11 of the Notice of the 19^th AGM and requested all the Members present and entitled to vote to participate in the Poll to be taken of the same venue and hand over the poll process to Mr. Dinesh Bhandari, Scrutinizer. Thereafter, Mr. Dinesh Bhandari, Practicing Company Secretary, the Scrutinizer appointed for conduct of Poll. Before the start of voting on Poll, the Ballot Papers, duly authenticated by the Scrutinizer were distributed to the members entitle to vote. Empty ballot box was shown to the members and thereafter the ballot box was locked in presence of member. After ensuring that all the members participated in the Poll had casted their votes, the scrutinizer closed the Poll. He then took custody of the ballot box for scrutinizing the votes and submitting his report on the poll. After conduct of poll, Mr. Dinesh Bhandari, scrutinizer report completion of poll to the Chairman.

Declaration of Results

The Chairman informed the members that the consolidated results of the e-voting and the poll taken at the AGM shall be announced and made available on the website of the Company and shall also be immediately sent to the stock exchange where the equity shares of the Company are listed.

Vote of Thanks

With the permission of the Chairman, Mrs. Rajni Brar, CS proposed vote of thanks to the chair, which was duly taken on record. The Chairman then announced the formal closure of the 19th AGM and thanked the members present at the meeting of their suggestions, comments and cooperation and support during the meeting.

The Meeting concluded at 11:45 AM.

Yours faithfully,

For Beta Drugs Limite Rajni Brar Company Secretar Date: 30/09/2024 Place: Baddi