Chembond Material Technologies Limited — AGM Information 2024

Aug 7, 2024

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SE/CS/2024-25/33

7[th] August, 2024

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001 Scrip Code – 530871

National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (W), Mumbai-400051 Scrip Code – CHEMBOND

Ref: ISIN: INE995D01025

• Sub: Proceedings of the 49[th] Annual General Meeting of the Company pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir / Madam,

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the 49[th] Annual General Meeting (AGM) of the Company, held today i.e. Wednesday, 7[th] August, 2024 through video conferencing/Other Audio Visual Means.

The AGM commenced at 11.00 a.m. and concluded at 12.25 p.m.

Kindly take the same on record.

Thanking You

Yours faithfully,

For Chembond Chemicals Limited

Digitally signed Suchita by Suchita Hemantku Hemantkumar Singh mar Singh Date: 2024.08.07 17:08:32 +05'30'

Suchita Singh

Company Secretary & Compliance Officer

Encl: A/a

Chembond Chemicals Limited

EL-71 Mahape MIDC, Navi Mumbai 400710. INDIA T: +91 22 62643000 - 03 ● F: +91 22 27681294 www.chembondindia.com

CIN : L24100MH1975PLC018235

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SUMMARY OF THE PROCEEDINGS OF THE 49[TH ] ANNUAL GENERAL MEETING

Date, Time and Venue of the Meeting

1. The 49[th] Annual General Meeting (AGM) of the Members of Chembond Chemicals Limited scheduled to be held on Wednesday, 7[th] August, 2024 commenced at 11.00 am through audio/video conferencing.

Proceedings in brief

1. Mr. Sameer V. Shah, the Chairman & Managing Director of the Company occupied the Chair.

2. The required quorum for convening the AGM being present, the Chairman called the meeting to order.

3. The Chairman welcomed the Members to the 49[th] AGM of the Company through Video Conferencing (VC). The Chairman introduced the Directors present and Roll Call was taken. He informed that since the meeting was being conducted through VC there was no requirement for proxies.

4. The Company Secretary read out the details of remote e-voting and instructions for AGM. The Company Secretary stated that in accordance with the provisions of the Companies Act, 2013, and the rules made thereunder, the remote e-voting facility for voting on the resolution(s) contained in the Notice of the 49[th] AGM was provided to the Members of the Company from 9.00 am on Sunday, 4[th] August, 2024 till 5.00 pm on Tuesday, 6[th] August, 2024 and that the e-voting module was closed by National Securities Depository Limited (‘‘NSDL“) thereafter.

She further informed that the Register of Members, Register of Director‘s and Key Managerial Personnel and their shareholding, Register of Contracts, etc. were kept open for inspection by Members and the same were accessible in electronic mode to the shareholders on the given link and also to those shareholders who placed request.

With the consent of the Members present, the notice of the 49[th] AGM and the Auditor’s Report were taken as read by the Chairman.

1. Thirteen (13) members had registered as speaker for the AGM of which eleven (11) speakers attended / raised queries. The queries raised by the Members at the meeting and also those which were sent prior to the meeting, were suitably replied by the Chairman and Vice Chairman & Managing Director and the Chief Financial Officer. The Chairman thereafter requested the Members who had not voted through remote e-voting to vote through the e-voting process provided at the AGM. Mr. Virendra Bhatt, Practicing Company Secretary was appointed as Scrutinizer for scrutinizing the remote e-voting and e-voting at the AGM.

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Chembond Chemicals Limited

EL-71 Mahape MIDC, Navi Mumbai 400710. INDIA T: +91 22 62643000 - 03 ● F: +91 22 27681294 www.chembondindia.com CIN : L24100MH1975PLC018235

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1. The following items of business as set out in the notice convening the 49[th] AGM were placed for members' consideration and approval.

Resolution(s)

Ordinary Business:

1. To consider and adopt (a) the audited financial statements of the Company for the financial year ended 31[st] March, 2024 together with the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended 31[st] March, 2024 together with the report of the Auditors thereon.

2. To declare final dividend on equity shares for the financial year ended 31[st] March, 2024.

3. To appoint a Director in place of Mr. Nirmal V. Shah (DIN: 00083853), who retires by rotation and, being eligible, offers himself for reappointment

Special Business

1. Appointment of Mr. Jayesh Prabhulal Shah (DIN: 00138346) as a Director and an Independent Director

2. To approve Material Related Party Transactions of Chembond Chemicals Limited with Finor Piplaj Chemicals Limited

3. To approve Material Related Party Transactions of Chembond Calvatis Industrial Hygiene Systems Limited (a Joint Venture Company) with Chembond Chemicals Limited

4. To approve Material Related Party Transactions of Chembond Water Technologies Limited (Wholly Owned Subsidiary) with Finor Piplaj Chemicals Limited

5. To approve Material Related Party Transactions of Rewasoft Solutions Private Limited (Step-down Associate) with Chembond Chemicals Limited and certain identified Related Parties of the Company

6. To approve Material Related Party Transactions of Gramos Chemicals India Private Limited (Step Down Subsidiary) with Chembond Material Technologies Private Limited (Wholly Owned Subsidiary)

7. To approve Material Related Party Transactions of Chembond Clean Water Technologies Limited (Step Down Subsidiary) with Chembond Water Technologies Limited (Wholly Owned Subsidiary)

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Chembond Chemicals Limited

EL-71 Mahape MIDC, Navi Mumbai 400710. INDIA T: +91 22 62643000 - 03 ● F: +91 22 27681294 www.chembondindia.com CIN : L24100MH1975PLC018235

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1. To approve Material Related Party Transactions of Chembond Water Technologies (Thailand) Co. Ltd. (Step Down Subsidiary) with Chembond Water Technologies Limited (Wholly Owned Subsidiary)

2. To approve Material Related Party Transactions of Chembond Water Technologies (Malaysia) Sdn. Bhd. (Step Down Subsidiary) with Chembond Water Technologies Limited (Wholly Owned Subsidiary)

3. To approve remuneration to Cost Auditor

The meeting concluded with a vote of thanks to the Chair at 12.25 pm

For Chembond Chemicals Limited

Digitally signed Suchita by Suchita Hemantku Hemantkumar Singh mar Singh Date: 2024.08.07 17:09:02 +05'30'

Suchita Singh

Company Secretary & Compliance Officer

Chembond Chemicals Limited

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EL-71 Mahape MIDC, Navi Mumbai 400710. INDIA T: +91 22 62643000 - 03 ● F: +91 22 27681294 www.chembondindia.com CIN : L24100MH1975PLC018235