Bliss GVS Pharma Limited — AGM Information 2021

Sep 21, 2021

BLISS GVS PHARMA LTD. cJJ.s.s

Date: September 21, 2021

To	To
The Manager, Listing Department	The General Manager, Listing Department
National Stock Exchange of India Limited	BSE Limited
Plot no. C/1 G Block,	Phiroze [eejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East),	Dalal Street,
Mumbai- 400 051	Mumbai- 400 001
Symbol: BLISSGVS	Scrip Code: 506197

Dear Sir/Madam,

Subject: Disclosure of Events or Information - ³⁶1h Annual General Meeting held on Tuesday, September 21, 2021

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith proceedings of the 36th Annual General Meeting held on Tuesday, September 21, 20201 at 11:00 am through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM").

Kindly take the above intimation in your record.

Thanking you.

Yours faithfully,

For Bliss GVS Pharma Limited

Company Secretary

Encl: As above

Proceedings of 361h Annual General Meeting of Bliss GVS Pharma Limited

The 361h Annual General Meeting ("the Meeting or 361h AGM") of the Members of Bliss CVS Pharma Limited ("the Company") was held on Tuesday, September 21, 2021 through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM") pursuant to General Circular No.14/2020 dated April 08, 2020, General Circular No. 17 /2020 dated April 13, 2020, Circular No. 20/2020 dated May 5, 2020 and Circular No. 02/2021 dated January 13, 2021 respectively issued by the Ministry of Corporate Affairs ("MCA Circulars") and Circular No. SEBI/HO/CFD/CMDl/CIR/P/2020/79 dated May 12, 2020 and Circular No. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021 issued by the Securities and Exchange Board of India ("SEBI Circulars") and in compliance with the provisions of the Companies Act, 2013 {"Act") and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). The meeting scheduled at 11:00 a.m. and commenced at 11:00 a.m.

Mr. S. R. Vaidya, Chairman of the Board, chaired the proceedings of the 36th ACM of the Company.

Directors and KMP' s in attendance:

Mr. S. R. Vaidya - Chairman & Independent Director as well as chairman of Stakeholder Relationship Committee & Corporate Social Responsibility Committee, Mr. Gagan Harsh Sharma - Managing Director, Mrs. Shruti Rao - Whole Time Director, Dr. Vibha Sharma - Whole Time Director, Mr. Vipul B. Thakkar - Chief Financial Officer, Ms. Aditi Bhatt - Company Secretary had joined the meeting through VC from registered office of the Company.

Mr. Santosh Parab, Independent Director & Chairman of the Audit Committee and Nomination and Remuneration Committee and Mrs. Shilpa Bhatia, Independent Woman Director had joined the meeting from their office/residence.

Other Representatives:

Mr. Deepak Sa.want - DCM, Finance Department of the Company, Mr. Vi.jay Yadav, Partner of AVS & Associates, Practicing Company Secretaries, Secretarial Auditors of the Company & Scrutinizer for 36th ACM had joined the meeting through VC from registered office of the Company. Mr. Sai Venkat, Partner of M/ s. Kalyaniwalla & Mistry LLP, Statutory Auditor of the Company attended the meeting through VC from his respective location.

Members Present:

121 Members attended the meeting through VC.

Proceedings in Brief:

Mr. S. R. Vaidya - Chairman & Independent Director has chaired the Meeting. He welcomed all the Directors and Shareholders of the Company to the 36th AGM. He then introduced the Directors and KrvIP on the Board and other representatives one by one.

The requisite quorum being present, the Chairman called the Meeting to order.

Thereafter, the Chairman requested Ms. Aditi Bhatt, Company Secretary of the Company to explain the procedural and technical aspect to the shareholders for attending the meeting. She informed the members that, the Company had taken all feasible efforts under the current circumstances to enable members to participate through video conference and vote at the 36U, AGM.

Afterwards, Company Secretary requested the Chairman to address the shareholders.

The Chairman then delivered his speech to the shareholders of the Company which included highlights on business performance, financials, outlook, etc. and requested Mr. Gagan Harsh Sharma, Managing Director of the Company to deliver his speech.

Mr. Gagan Harsh Sharma - Managing Di.rector has delivered his speech which included appreciation for Mr. S. N. Karnath former Managing Director, highlights on business performance, status of Vevoor unit, land acquisition at Vadodara for expansion purpose, reduction in carbon footprint, installation of solar capacity etc.

After that, the Managing Director requested the Chairman of the meeting to take over the further proceedings.

The Notice convening 36111 AGM as a part of Annual Report for the Financial Year 2020-2021 and report of Statutory Auditors (being non-qualified) were taken as read. Chairman also informed the member that, observations of Secretarial Auditors which are self-explanatory and management reply on the same has been provided in the board report of the Company on page no. 40 of the Annual Report. The Report of Secretarial Auditors Report was taken as read.

The Company Secretary further informed the members that, MoA & AoA and the Register of Directors & KMPs (including their shareholding) maintained under Section 170 and Register of Contract maintained under section 189 of the Companies Act, 2013, are made available electronically for inspection by the Members during the 36th AGM. Members seeking to inspect such documents can send their request to info,u,blissgvs.com.

The following items of business as set out in the Notice convening the 36th AGM were recommended by the Chairman for consideration, approval & adoption of the shareholders.

Ordinary Business:

• 1. Consideration and Adoption of the Audited Standalone Financial Statements for the year ended March 31, 2021 together with the Reports of the Board of Directors and the Auditors thereon and the Audited Consolidated Financial Statements for the year ended March 31, 2021 and the reports of auditors thereon (Ordinary Resolution)
• 1. Declaration of Final dividend of 50% i.e. Re. 0.50 paisa per equity share on face value of Re. 1/ - each for the Financial Year ended March 31, 2021 (Ordinary Resolution)
• 1. Re-Appointment of Mrs. Shruti Vishal Rao (DIN:00731501) as a Director of the Company, who retires by rotation, and being eligible offer herself for re-appointment (Ordinary Resolution)

Special Business:

• 1. Re-appointment of Mr. Santosh Laxman Parab (DIN:01622988) as an Independent Director of the Company (Special Resolution)
• 1. Appointment of Mr. Gagan Harsh Sharma (DIN: 07939421) as a Director & Managing Director of the Corn.pany (Special Resolution)
• 1. Re-appointment of Dr. Vibha Gagan Sharma (DIN: 02307289) as a Whole-Time Director of the Company (Special Resolution)
• 1. Re-appointm.ent of Mrs. Shruti Vishal Rao (DIN: 00731501) as a Whole-Time Director of the Company (Special Resolution)
• 1. Re-appointment of Mr. Vishal Vi.jay Rao as a General Manager, a relative of Directors holding office or place of profit in the Company (Special Resolution)
• 1. Renewal of Leave and License Agreement of office Premises from Promoters of the Company (Ordinary Resolution)

The Chairman then requested members to raise their queries on the Agenda items as set out in the Notice convening the 36th AGM of the Company. Total 7 speaker shareholders spoke/raised queries in relation to expected growth in next 5 years, exposures details, holding of physical meeting, proposed corporate arrangements, 2nd Phase -Vevoor plant status etc.

Necessary clarifications/ responses were provided to the members by Mr. Gagan Sharma, Managing Director of the Company.

After that, the Company Secretary then informed the members about the following:

• a) E-voting on the CDSL platform would continue for another 15 minutes to enable the members to cast their votes who have not casted their votes through remote e-voting.
• b) The Board of Directors had appointed Mr. Vijay Yadav. Practicing Company Secretary as a Scrutinizer for scrutiny of the votes cast through the remote e-voting platform and electronic voting at the 36th ACM.
• c) E-voting results along with the consolidated Scrutinizer's Report would announce within 48 hours after conclusion of the 36th ACM and the same would be intimated to the Stock Exchanges and also be uploaded on the website of the Company and CDSL.

The Company Secretary, thereafter, thanked all the members for their participation at the 36th ACM.

The meeting concluded at 12:20 p.m.

This is for your information and record.