Bigbloc Construction Limited — AGM Information 2023

Sep 25, 2023

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Date: 25[th] September, 2023

To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, BLOCK G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Script Code: 540061 Symbol: BIGBLOC ISIN :INE412U01025 ISIN : INE412U01025

Dear Sir, Madam,

Subject: Summary of Proceedings of 8[th] Annual General Meeting held on 25/09/2023

In accordance with the provisions of Regulation 30(2) read with Schedule III-Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceeding of the 8[th] Annual General Meeting of the Company held on Monday, September 25, 2023, through video conferencing (VC)/other audio-visual means (OAVM).

Further, we wish to inform you that the results of remote e-voting and e-voting at the AGM will be announced within the stipulated time of two working days from the conclusion of the meeting. The results will be displayed at the Registered Office of the Company and also placed on the website of the Company i.e. www.nxtbloc.in once they are declared. The results will also be placed on the website of NSDL and will be disseminated to the Stock Exchanges, i.e. BSE Limited and National Stock Exchange of India Limited so that they can be accessed on their respective websites.

We request you to kindly take the same on your record Thanking you

Yours faithfully,

FOR AND ON BEHALF OF BIGBLOC CONSTRUCTION LIMITED

Alpesh Digitally signed by Alpesh Somjibhai Somjibhai Makwana Date: 2023.09.25 Makwana 12:49:09 +05'30'

Alpesh Makwana (Company Secretary & Compliance Officer) ACS – 46284

Enclosed: As Above

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Summary of Proceedings of 8[th] Annual General Meeting held Monday, September 25, 2023

The 8[th] Annual General Meeting (AGM) of the members of Bigbloc Construction Limited (“the Company”) was held on September 25, 2023 at 11:00 A.M. through video conferencing (VC)/other audio-visual means (OAVM). The meeting was held in compliance with the Circular dated December 28, 2022, issued by the Ministry of Corporate Affairs and SEBI Circular SEBI/HO/CFD/PoD2/P/CIR/2023/4 dated January 05, 2023 (hereinafter collectively referred to as 'Circulars') and other applicable provisions of the Companies Act, 2013 read with rules made thereunder.

Mr. Alpesh Makwana, Company Secretary & Compliance Officer introduced Mr. Narayan Saboo, Chairman & Director of the Company, Mr. Naresh Sitaram Saboo, Managing Director of the Company, Mr. Mohit Saboo, Director & Chief Financial Officer of the Company, Mr. Dishant Jariwala, Independent Director & Ms. Pinal Shukla, representative of M/s. Dhirren R. Dave & Co., Secretarial Auditor of the Company. Mr. Naresh Sitaram Saboo was elected as the Chairman of the meeting.

Mr. Naresh Saboo, Managing Director took the chair. The Company Secretary informed the Chairman that the requisite quorum was established. Accordingly, the meeting was called in order by the Chairman; the chairman welcomed the members. The Chairman authorized Company Secretary to brief about the Annual General Meeting’s procedural guidelines. Then after, the Company Secretary informed the members about holding that meeting in compliance with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and further informed that the E-voting facility availability during the meeting and till 15 Minutes after the conclusion of the meeting. He further informed that M/s. Dhirren R. Dave & Co. had been appointed as Scrutinizer to supervise the e-voting process and to provide combined voting results of remote e-voting and e-voting at the AGM along with the Scrutinizers’ Report.

Then after, the Chairman delivered speech. The Chairman made his opening remarks covering the global economy and Company’s performance in AAC Block sector, financial performance in FY 2022-23, and Company’s growth plans going forward.

The Notice of AGM, Director’s Report and Statutory Auditors’ Report were taken as read with the permission of the Chairman. It was informed that there were no qualifications in the Statutory Auditors’ Report, therefore the same need to be required to be explained.

The Chairman requested Company secretary to brief about the business items, necessary resolution requirement; accordingly, the Company Secretary briefed about the business items and resolution requirements. Then after, the Company Secretary informed that the company has received the queries regarding project under pipeline, ESG system at sites etc and requested Mr. Mohit Narayan Saboo, Chief Financial Officer of the Company to respond. Mr. Mohit Saboo has briefed about the queries received and answered them one by one.

The following businesses were then transacted at the meeting through e-voting:

Sr. Nos.	Particulars	Type of Resolution
Ordinary Business
1	To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March 2023, together with the Report of Board of Directors’and Auditors’thereon.	Ordinary
2	To declare the final dividend of 20% of the Face Value i.e., Rs. 0.40 per equity share for the financial year ended 31st March, 2023.	Ordinary

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3	To appoint a Director in the place of Mr. Mohit Narayan Saboo (DIN: 02357431), who retire by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible, offers himself for re-appointment.	Ordinary
Special Business
4	To reappoint Mr. Sachit Jayesh Gandhi (DIN: 03408683) as an Independent Director of the Company.	Special
5	To authorize the Board of Director for giving loan or guarantee or providing security in connection with loan availed by any of the Company's subsidiary(ies) or any other person specified under section 185 of the companies act, 2013.	Special
6	To authorize the Board of Directors under Section 186 of the Companies Act, 2013.	Special

It was informed that the results of voting will be announced within 2 working days of conclusion of meeting. The results of voting will be displayed at the Registered Office of the Company and placed on the website of the Company at www.nxtbloc.in, BSE Limited, National Stock Exchange of India Limited and National Securities Depositories Limited at their respective websites, once they are declared.

The Chairman then thanked the members for continued support and for attending and participating in the meeting and thanked all the directors to join the meeting virtually.

The meeting concluded at 11:16 A.M. The e-voting facility was kept open up to 15 minutes after conclusion of the meeting to enable the members to cast their votes.

Thanking you, Yours faithfully,

FOR BIGBLOC CONSTRUCTION LIMITED

Digitally signed Alpesh by Alpesh Somjibhai Somjibhai Makwana Makwana Date: 2023.09.25 12:49:46 +05'30'

Alpesh Makwana (Company Secretary & Compliance Officer) ACS – 46284