Cranes Software International Ltd. — AGM Information 2021

Sep 30, 2021

==> picture [74 x 95] intentionally omitted <==

Cranes Software International Limited

Ph: +91 80 6764 4800/4848 Fax: +91 80 6764 4888 Email: info@cranessoftware.com

Correspondence Address:

82, Presidency Building, 3[rd ] & 4[th ] Floor, St. Marks Road, Bengaluru - 560 001, Karnataka

30[th] September, 2021

To, The Manager Department of Corporate Services BSE Limited P J Towers, Dalal Street Mumbai – 400 001

Dear Sir,

Sub: Proceedings of the 36th Annual General Meeting of the Company Ref: Company No 512093

In accordance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the proceedings of the 36[th] Annual General Meeting of the Company held on 30[th] September, 2021.

Kindly take the above on your records.

Thanking you,

Yours faithfully, For Cranes Software International Ltd.

Mueed Digitally signed by Mueed Khader Khader Date: 2021.09.30 18:38:12 +05'30'

Authorised Signatory Name: Mueed Khader Designation: Director

Encl: As above

ISO 9001:2000 ISO 27001:2005 CMM L5 CMMI L5 VI.2 www.cranessoftware.com

==> picture [74 x 95] intentionally omitted <==

Cranes Software International Limited

Ph: +91 80 6764 4800/4848 Fax: +91 80 6764 4888 Email: info@cranessoftware.com

Correspondence Address:

82, Presidency Building, 3[rd ] & 4[th ] Floor,

St. Marks Road, Bengaluru - 560 001, Karnataka

PROCEEDINGS OF THE 36[th] ANNUAL GENERAL MEETING (AGM) OF CRANES SOFTWARE INTERNATIONAL LIMITED HELD ON THURSDAY THE 30[th] OF SEPTEMBER, 2021 AT 11.00 A.M. AT OLEANDER HALL, IRIS HOTEL, 70, BRIGADE ROAD, BENGALURU - 560 025.

The 36[th] Annual General Meeting of the Members of Cranes Software International Limited was held on Thursday, 30[th] of September 2021 at 11:00 AM, at Oleander Hall, Iris Hotel, 70, Brigade Road, Bengaluru - 560 025 to conduct the business as set out in the Notice.

The meeting commenced at 11:00 A.M. The Company Secretary welcomed the Members to the 36[th] Annual General Meeting of the Company and confirmed that necessary quorum was present at the meeting. He then called the meeting to order.

Mr. Mueed Khader, Director of the Company was elected as the Chairman of the meeting. Mr. Asif Khader, Managing Director and Mr. Richard Holden Gall, Independent Director of the Company joined the AGM through Video Conference. The Chairman welcomed the Shareholders, addressed the Shareholders and introduced the Directors and invitees present at the meeting.

With the consent of the Members present at the meeting, the Notice convening the Annual General Meeting, the Report of Board of Directors, the Accounts for the financial year ended March 31, 2021 were taken as read. Since it was a qualified audit report the statutory auditors Senthia Prabhad Hegde & Co represented by Mr. Timmayya Hegde read out the key qualifications. Further Mr. Supriya Kumar Guha, Secretarial Auditor of the Company read out the key qualifications of the Secretarial Audit Report.

The Chairman informed that remote e-voting facility by CDSL was provided to all the members entitled to vote, on all resolutions set forth in the Notice convening the Annual General Meeting of the Company and that the remote e-voting commenced at 09:00 AM on Monday 27[th] September, 2021 and ended at 05:00 PM on Wednesday 29[th] September, 2021. He further stated that Members who were present at the Annual General Meeting and had not cast their votes electronically would be provided an opportunity to cast their votes at the end of the meeting through ballot. The Chairman also informed the Members about the presence of Mr. Srinivasan K, Practising Company Secretary, who was appointed as the Scrutiniser for the purpose of scrutinising the process of remote e-voting and voting through ballot process at the Annual General Meeting.

The members raised few queries on the business items which were suitably replied by the Chairman.

Voting through ballot paper was then conducted by the order of the Chairman for all the resolutions proposed before the meeting.

Mueed Digitally signed by Mueed Khader Date: 2021.09.30 Khader 18:38:42 +05'30'

ISO 9001:2000 ISO 27001:2005 CMM L5 CMMI L5 VI.2 www.cranessoftware.com

==> picture [81 x 96] intentionally omitted <==

The resolutions proposed at this Annual General Meeting for the consideration of the members were the following:

Sl. No.	Particulars	Type of Resolution
	Ordinary Business:
1	To consider and adopt (a) the audited financial statement of the Company for the financial year ended March 31, 2021 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2021 and the report of Auditors thereon.	Ordinary Resolution
	Special Business:
2	Approval and re-appointment of Mr. Asif Khader as Chairman and Managing Director (Key Managerial Personnel) of the Company	Special Resolution
3	Approval and re-appointment of Mrs. Akthar Begum as an Independent Director of the Company	Special Resolution
4	Approval for related party transactions.	Special Resolution
5	Re-classification of Promoters of the company as Public shareholders.	Special Resolution

The Chairman stated that all the results of the above resolutions proposed would be declared after obtaining the Scrutinizer’s Report on the consolidated voting results of the e-voting and voting through the ballot process.

The Chairman read out the vote of thanks and the meeting was concluded at 11:45 AM.

For Cranes Software International Ltd.

Mueed Digitally signed by Mueed Khader Khader Date: 2021.09.30 18:39:09 +05'30'

Mueed Khader Director & Chairman of the meeting DIN: 00106674