Compuage Infocom Ltd — AGM Information 2020

Aug 18, 2020

18th August, 2020

To. The Corporate Services Dept. BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001.

National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E). Mumbai - 400 051.

Security Code: 532456 ISIN: INE070C01037

Symbol: COMPINFO

Sub: Outcome/Proceedings of the 21st Annual General Meeting (AGM) held on Tuesday, 18th August, 2020

Dear Sir/Ma'am,

Pursuant to Schedule III, Part A, Sub-regulation 13 of Regulation 30 and other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, if any, proceedings of the AGM are enclosed herewith. It is hereby informed that meeting of the Shareholders of the Company held today i.e. on Tuesday, 18th August, 2020, commenced at 11:00 a.m. through Video Conferencing / Other Audio Visual Means and concluded at 11.20 a.m. wherein Members, subject to the results of Remote e-Voting and e-voting during the Meeting, considered all the items as set out in the notice dated 18th July, 2020, convening the said AGM. The items considered by the Members at the AGM are as below:

• 1. The Audited Financial Statements for the financial year ended 31st March, 2020 along with Directors' Report and Auditor's Report thereon;
• 1. Declaration of final dividend of 0.20 Paise per Equity Share on the share having face value of Rs.2/-each;
• 1. Re-appointment of Mr. Bhavesh H. Mehta (DIN: 00740861) as a Director of the Company who shall be liable to retire by rotation;

D-601/602 & G-601/602, Louis corporate ParkGraham finn Steel Compound, Graham firm Steel Compound,Western express Highway, Goregaan (E),Mumbal – 400 063, India,Ph.:+91-22-6711 4444Fax:+91-22-6711 4445 info@compuggeindig.com www.compuagelndia.comCIN: 199999MH1999PLC135914

• 4 Appointment of Branch Auditors, AAA Assurance PAC, Public Accountanp, and Chartered Accountants, Singapore, having Co. Registration No.20140861 81 to audit the accounts in respect of the Company's branch office located at Singapore and authorized the Board to fix remuneration, in connection with the audit of the accounts of the branch office outside India for the year ending 3Pt March, 2021;
• 1. Re-appointment of Mr. Atul H. Mehta (DIN: 00716869) as Managing Director of the Company;
• 1. Re-appointment of Mr. Bhavesh H. Mehta (DIN: 00740861) as Whole-Time Director of the Company, and
• 1. Appointment of Mr. Ajay H. Mehta (DIN: 0686327) as Director of the Company.

The Scrutinizer's Report together with results in respect of Remote e-Voting and e voting during the Meeting shall be submitted to the Exchanges immediately on receipt of the same, within the prescribed time period.

Kindly take the same on records and oblige.

Thanking you,

Yours faithfully, For Compuage Infoc

Place: Mumbai End: Proceedings of the AGM

PROCEEDINGS OF THE TWENTY FIRST ANNUAL GENERAL MEETING OF ISIH AUGUST, OTHER AUDIO VIDEO CONFERENCIN(; / THE MEMBERS OF COMPUAGE INFOCOM LIMITED HELD ON TUESDAY, 2020 Al' fl.0O A.M. THROUGH VISUAL MEANS.

PRESENT:
Mr. AtulH. tvlehta	ChairmanManagingandDirector—
l3haveshH. Meh[iMr.	Whole—Time Director-
GaneshS. GaneshMr.	Non-Executive& independentDirector-
AgarwalMr.Vijay	Non-Executive& IndependentDirector-
HussainiFatimaMrs.Nasab	Non-executive& IndependentDirector-
INVITEES:
SurilShahMr.	PartnerM/s.ofBhogiialShah&-C.Co,
	StatutoryAuditors
VirendraBhattMr.	PracticingCompanySecretary& Scrutinizer-
SunilMehtaMr.	ChiefFinanceOfficer-

IN ATTENDANCE:

Ms. Anmol Jolly — Executive Company Secretary

MEMBERS ATTENDANCE:

35 Members were present through Video Conferencing/ Other Audio Visual Means whose names appear in the Register of Members.

Ms. Anmol Jolly, Executive Company Secretary, welcomed the Members and apprised them about the facilities and arrangements done by the Company for the Meeting with respect to Video Conferencing / Other Audio Visual Means, replies to the questions of the speaker shareholders and e-voting during the Meeting. She then introduced them to the dignitaries on the panel. Mr. Anti H. Mehta, Chairman of the Company occupied the Chair. Being requisite quorum present, with his consent the meeting was put to order. She, further, informed that all the Statutory Registers and documents mentioned in notice convening the 21st Annual General Meeting were open for inspection.

Subsequently, the Chairman delivered his speech wherein he briefed the Members on the functioning of the Company and spoke on future prospects and avenues of the Company.

With the consent of the Members, the notice convening the 21st Annual General Meeting which was already circulated, was taken as read.

0-601/602 & 6-601/602, Lolus corporate Park. Graham lIrTh Steel Compound, Weslern express Highway Garegoon (E), Murnbal —400063. India, Ph.:+91-22-6711 4444 Fa'c:+91-22-67I 1 4445 Intoc'compuagelndlacom corn p ua geind a. a am ON: L99999MH1999PLC1 35914

Further, in view of Section 145 of the Companies Act, 2013, there was no nec'd to read the Auditor's Report and hence the same was taken as read

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The Chairman concluded his speech by thanking the management, employees, customers, suppliers, hankers, other stakeholders and shareholders for their continued support.

Subsequently, Ms. Anmol Jolly provided briefs on the c-Voting procedure.

Post that agenda items, as below, were considered at the meeting:

AGENDA No.1: ORDINARY RESOLUTION

TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31sT MARCH, 2020 AND THE REPORTS OF THE DIRECTORS' AND THE AUDITOR'S THEREON:

"RESOLVED THAT the audited standalone and consolidated financial staten-tents for the financial year ended 31st March, 2020 and Statement of Profit and Loss Account as on that date together with the annexures forming part of the Accounts, the Auditor's Report as well as the Directors' Report as circulated to the Shareholders and laid before the meeting, be received, considered and adopted."

AGENDA No.2: ORDINARY RESOLUTION

TO DECLARE DIVIDEND ON EQUITY SHARES:

"RESOLVED THAT the final dividend of 20 Paise per Equity Share i.e. 10% on face value of Rs. 2/- each, out of the profits of the financial year ending on 3W March, 2020 on 6,49,75,806 Equity shares of Rs. 2/- each fully paid up aggregating to Rs. 1,29,95,161.2, subject to deduction of tax at source, be and is hereby declared to be paid to all the Members/Beneficiaries, whose names appear in the Register of Members as on the cut-off date i.e. 10th August, 2020.

RESOLVED FURTHER THAT the Directors of the Company be and are by authorized to take requisite steps to give effect to the aforesaid resolution."

AGENDA No 3 ORDINARY RESOLUTION

TO APPOINT A DIRECTOR IN PLACE OF MR. BHAVESH H. MEITTA, WHOLE-TIME DIRECTOR, (DIN: 00740861) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT.

"RESOLVED THAT Mr. Bhavesh H. Mehta, Whole-Time Director, (DIN: 007408o I), who retires by rotation and being eligible, offers himself for re-appointment, be and is hereby appointed as a Director of the Company."

The resolutions for the next business items had already been set out in the Notice of the Meeting and the same were taken as read by the members.

AGENDA No.4: ORDINARY RESOLUTION

TO APPOINT BRANCH AUDITORS AND FIX THEIR REMUNERATION

AGENDA No.5: ORDINARY RESOLUTION

TO RE-APPOINT MR. ATUL H. MEHTA (DIN: 00716869) AS MANAGING DIRECTOR.

AGENDA No.6: ORDINARY RESOLUTION

TO RE-APPOINT MR. UHAVESH H. MEHTA (DIN: 00740861) AS A WHOLE-TIME DIRECTOR.

AGENDA No.?: ORDINARY RESOLUTION

TO APPOINT MR. AJAY H. MEHTA (DIN: 00686327) AS DIRECTOR.

Questions & Answers:

The members who had registered themselves as speaker shareholders were then given a chance to put forth their questions. The Chairman thereby duly replied to the questions.

c-Voting:

The members were informed that the c-voting tab for members who had not casteti their vote through remote c-voting, had been activated in the beginning of the Meetmg and would iemain activated until 30 minutes from the conclusion of the Meeting.

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Members were infornwd that combined results on the Remote c-Voting and c-voting during the Meeting shall be declared within 48 hours of the conclusion of 11w Meeting and the results shall be available on the website of the Company.

Vote of thanks:

There being no other business, the Meeting concluded with a vote of thanks to the Chair.

Time of commencement of meeting: 11.00 an. Time of conclusion of meeting: 11.20 am.

For Compuage Infocom Limi ed,

Chief Finance Officer

Place: Mumbai Date: 18111 August, 2020