Bihar Sponge Iron Ltd — AGM Information 2019

Sep 10, 2019

BIHAR SPONGE IRON LIMITED.

REGISTERED OFFICE 8. PLANT : UMESH NAGAR, CHANDIL-832401, DISTT. SARAIKELA -KHARSAWAN, JHARKHAND PHONE (EPABX) : 06591-232410, 232417. Fax : 06591-232412 E-mail : bsilchandil@gmail.com I Web : bsil.org.in CIN : L27106JH1982PLC001633

BSIL/CS/SE/2019 10"I September, 2019

The General Manager

Listing Centre Bombay Stock Exchange Limited P J Towers, Dalal Street, MUMBAI- 400 001

SUB: Proceedings of the 37m Annual General Meeting held on 9th September, 2019.

Dear Sir/Ma'am,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III, we hereby inform that the 37"1 Annual General Meeting of the Company was held on Monday, 9111 September, 2019, commenced at 2200 RM. at Company's Guest House, Umesh Nagar, Chandil, Districtv Saraikela- Kharsawan, Jharkhand- 832401 and concluded at 4.00 RM.

Mr. R. K. Agarwal was appointed as Chairman of the meeting. He welcomed the shareholders at 37th Annual General Meeting of the Company and confirmed the presence of requisite quorum and thereafter pursued with the proceedings of the Meeting.

371h AGM Notice and Annual Report for the Financial Year 2018~19 was with shareholders and was taken as read. The Chairman invited queries from the Shareholders which were answered to their satisfaction.

The Company provided remote e—voting facility to the shareholders as per the provisions of Section 108 read with Rule 20 of Company (Management and Administration Rules), 2014 and Regulation 44 of SEBI (Listing Obligation 81. Disclosure Requirements) Regulations, 2015. Further members attending meeting and have not voted electronically were eligible to vote through ballot papers in the AGM.

Mr. Sunil Kumar was appointed as the scrutinizer of the ballot process and Mrs. Nupur Gupta, Practicing Chartered Accountant was appointed as scrutinizer for remote e—voting, who shall provide their respective report to the Chairman of the meeting. Ballot papers were circulated and voting was dully convened.

The following items were considered at the meeting:

S.No. Ordinary Business

• 1 Adoption of Audited Financial Statements, Auditors Report 86 Directors Report along with their annexures for the year ended Slst March, 2019.
• 2 Re-appointment of Mrs. KumKum Modi (DIN: 00522904) Director who retires by rotation.

Special Business

• Re-appointment of Mr. B.D. Garg (DIN: 00002792) as an Independent Director for a second term of five consecutive years .
• Re-appointment of Mr. Shyam Babu Vyas (DIN202025415) as an Independent Director for a second term of five consecutive years .
• Re—appointment of Mr. J.C. Chawla (DIN: 05316202) as an Independent Director for a second term of five consecutive years.
• Re—appointment of Mr. Madan La] (DIN: 00272672) as an Independent Director for a second term of five consecutive years .
• Re—appointment of Mr. Satish Kumar Gupta (DIN: 03537417) as Whole-Time Director of the Company.
• Approval of Related Party Transaction of the Company.

The results will be declared within 48 hours from the conclusion of Annual General Meeting and will be communicated to the Stock Exchange as well as will be uploaded on the website of the Company i.e., www,bsil.org.in.

The Chairman thanked all the members for attending and participated in the meeting and thereafter concluded the Annual General Meeting.

We request you to kindly bring the aforesaid to the notice of members.

Thanking you

Yours faithfully

For BIHAR SPONGE IRON LTD.

W

HI I MITTAL (COMPANY SECRETARY&. COMPLIANCE OFFICER) Companysecretafla)bsil.org.in