BPL Ltd. — AGM Information 2024

Sep 23, 2024

• BPLUmited Dynamic House, 64 Church Street Post Box No. 5194 Be�uru • 560 001, India. Ph : +91-80-2532 798 5, 2558 9109 E-mail : ll'IYeSWfObpl.ln / Website : WWW.bpi.In CIN : L28997KL1963PLC002015

23rd September 2024

The Manager - Listing,

Corporate Relationship Department

Bombay Stock Exchange Ltd

Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip code - 500074

Dear Sir/ Madam,

Clarifications on delayed Submission of the Proceedings of 60th Annual General Meeting of the Company

With reference to the captioned subject and an email received from Listing Compliance Monitoring Team of BSE Limited dated September 21, 2024 seeking clarifications on delayed submissions of the proceedings of 60th Annual General Meeting (AGM) of the Company convened on 17th September, 2024 at 11:00 A.M. through video conferencing (VC) and Other Audio Visual Means (OAVM) facility. The Meeting commenced at 11:00 A.M. (1ST) and concluded at 12:20 P.M. (1ST). The facility for e-voting remained open for 15 mins after conclusion of the meeting to enable the members to cast their vote and the meeting concluded.

We would like to submit that due to the short business hours available and technical glitch appeared suddenly, there was an inadvertent delay in submission of proceedings of Annual General Meeting (AGM) held on 17th September, 2024. The Company had submitted the proceedings of AGM.

We would like to emphasize that this error was unintentional and does not reflect any misinformation about our Company. We understand the importance of accurate and timely reporting, and we sincerely apologize for any confusion this may have caused.

Further, as directed we are resubmitting the proceedings of 60th Annual General Meeting along with this clarification regarding delay in submission.

We apologize for any inconvenience caused and appreciate your understanding in this matter.

Kindly take the same on record and oblige.

Thank you,

Very truly yours, BPL LIMITED

AJIT GOPAL Digitally signed by AJIT GOPAL NAMBIAR NAMBARNAMBIAR Date: 2024.09.23 16:29:58 +05'30'

Ajit Gopal Nambiar Chairman & Managing Director DIN: 00228857

BPL Limited

Dynamic House, 64 Church Street Post Box No. 5194 Bengaluru - 560 001, India. Ph: +91-80-2532 7985, 2558 9109 E-mail: investor@bpl.in / Website: www.bpl.in CIN: L28997KL1963PLC002015

The Manager - Listing, Bombay Stock Exchange Limited 25th Floor, P J Towers, Dalal Street, Mumbai - 400 001

The Manager - Listing, National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Plot No.C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051.

Dear Sir/Madam,

Sub: Resolutions passed at the Annual General Meeting

We would like to inform that the 60th Annual General Meeting of the shareholders of the Company was held today, at 11.00 AM, through video conferencing mode and the following business were transacted and resolutions were approved:

• $1.$ Considered and adopted the Statement of Profit and Loss Account for the year ended 31st March 2024 and Balance Sheet as on that date (both standalone and consolidated), together with report of Directors and Auditors,
• Payment of a dividend of Rs.0.001 to the Preference shareholders of the company. $2.$
• Re- appointment of Mr. Sukumar Rangachari as a non -executive director of the $\overline{3}$ . company through a special resolution.

The Proceedings of the Meeting will be submitted in due course.

Please take the same on record.

Thanking you, Very truly yours, BPL LIMITED

Ajit G Nambiar Chairman & Managing Director $\mathcal{C}$

September 17, 2024

Proceedings

of the

Sixtieth Annual General Meeting

Through Video Conferencing (VC) / Other Audio-Visual Means

(OAVM) held at 11.00 AM on Tuesday, the 17 thSeptember

2024

BPL LIMITED

MEETING INDEX

SlNo.	Topic	Addressed by	Brief Description
I.	Welcome	CFO	CFOafter ascertaining quorum, announces that the quorumis present and calls AGM in order.
II.	Meetingtocommence&introductionof Directors	Chairman	Chairman starts with introduction of allDirectors to theshareholdersand inform the presence of scrutinizer,statutory and secretarial auditors.
III.	Chairman'sSpeech	Chairman	Chairman to deliver his speech
IV.	Notice andAuditors'Report	CFO	CFO, with the permission of the members present, to takethe Notice conveningthemeeting / Directors' Report /Audited Accounts / Auditors' Report / Annexures as read.CFOto read the qualifications / observations made in theAuditors' Report.
V.	Resolutions	Chairman&respective Directors	The Chairman toread out the Resolutions for voting –Agenda items 1 to 3.
VI.	Speakers' andQ & A session	Moderator	Moderator to allow speakers one after the other. Chairmanto ask executives to answer the queries raised by theshareholdersto the extent possibleResponse will be given by :Mr. Shailesh MudaliarMr. Venkatram BharadwajMrs. Karuna Balu
VII.	E-VotingProcedure	Chairman	Chairman to open session for voting (Instapoll)& CompanySecretary to take the shareholders through the e-votingprocedure.

Participants:

Sl No	Name	Designation
	Board
1	Mr. Ajit G Nambiar	Chairman & Managing Director
2	Mrs. Anju Chandrasekhar	Non-Executive Director
3	Mr. C K Sabareeshan	Independent Director
4	Mr. Nowroz J Cama	Independent Director(Audit Committee Chairman)
5	Mr. Sukumar Rangachari	Non-ExecutiveDirector
6	Dr.Chandan Juneja	IndependentDirector(Nomination &
		Remuneration Committee Chairman)
	Executives, Scrutinizer
	and Auditors
7	Shailesh Mudaliar	Chief Operating Officer
8	Karuna Balu	Chief Financial Officer
9	Venkatram Bharadwaj	Chief Strategy Officer
10	B S Harisarvothama	Company Executive
11	Manoj KumarU K	StatutoryAuditor
12	K Madhwesh	Secretarial Auditor
13	P Sivarajan	Scrutinizer
14	Epitome	Moderator

The meeting commenced at 11:00 AM (IST) and concluded at 12:20 PM (IST) (including time allowed for e-voting at the AGM).

Total Number of members attended the AGM: 62

Mr. Ajit Gopal Nambiar chaired the meeting. The Chairman informed that the AGM is being held through video conferencing in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. He requested his colleagues to introduce themselves. The requisite quorum being present, the Chairman called the meeting to order. All the directors were attended the meeting. The Chairman welcomed all shareholders, auditors and other invitees who joined over VC and delivered his speech. The Chairman informed that the Company had provided the facility to cast their vote electronically, on all resolutions set forth in the Notice. Mrs. Karuna Balu, Chief Financial Officer read out the observations/qualifications of the statutory/Secretarial auditors and the management responses to the same for the financial year 2023-24.

The following items of business, as per the Notice of AGM dated 12th August, 2024, were placed at the meeting. Shareholders were given an opportunity to speak and express their views through VC, audio and through web chat options on the resolutions. Clarifications were provided to the queries raised by the members.

Sl No	Resolution	Type of Resolution
1.	Adoption of financial statements, report of directors and	Ordinary
	auditors
2.	Payment of dividend to preference shareholders	Ordinary
3.	Appointment of Sukumar Rangacharias a director, liable	Special
	to retire by rotation

Following resolutions as set forth in the 60th AGM notice were placed;

Mr. P Sivarajan, was the Scrutinizer to supervise the e-voting process. The Chairman authorized the Company Secretary to declare the voting results, intimate the stock exchanges and place the same on the website of the Company.

All the resolutions as set forth in the 60th AGM notice are deemed to be passed on September 17, 2024.

This is for your information and records.