CREATIVE NEWTECH LIMITED — AGM Information 2020

Sep 29, 2020

To. The Manager National Stock Exchange of India Limited Bandra Kurla Complex, Andheri East, Mumbai-400051 Symbol: CREATIVE

Dear Sir.

Sub: Proceedings of 16th Annual General Meeting of the Company held on September 29, 2020 pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015.

Pursuant to Regulation 30(6) of the Listing Regulations read with Para A of Part A of Schedule III to the Listing Regulations, we are submitting herewith proceedings of the 16th Annual General Meeting of the Company, Creative Peripherals and Distribution Limited, marked as 'Annexure A', duly convened on Tuesday, September 29, 2020 at 11:00 AM through Video Conferencing/Other Audio Visual Means.

It is hereby informed that the voting results in the format prescribed under Regulation 44 of the Listing Regulations shall be filed with NSE separately.

You are requested to take the same in your records.

Thanking You,

For and on behalf of Creative Peripherals and Distribution Limited

Tejas Doshi (Company Secretary & Compliance Officer)

Encl: As Above

Creative Peripherals And Distribution Limited

Register Address: 3rd & 4th Floor, Plot No. 137 AB, Kandivali Co Op. Industrial Estate Ltd., Charkop, Kandivali (West), Mumbai - 400 067., Tel.: 022-5061 2700, Email: hr@ecreativeindia.com, Web.: www.ecreativeindia.com www.ecreativeindia.com

Proceedings of 16th Annual General Meeting of Creative Peripherals and Distribution Limited

The 16th Annual General Meeting ('AGM') of the Company, Creative Peripherals and Distribution Limited, was held on Tuesday, September 29, 2020 at 11:00 AM through Video Conferencing ('VC') and Other Audio Visual Means ('OVAM').

Time of commencement: 11:00 A.M. Time of conclusion: 11.50 A.M.

In attendance

• 1. Mr. Ketan Patel - Chairman and Managing Director 2. Mrs. Purvi Patel - Whole-time Woman Director - Whole-time Director 3. Mr. Vijay Advani 4. Mr. Mihir Shah - Independent Director 5. Mr. Kurian Chandy - Independent Director 6. Prof. Suresh Bhagavatula - Independent Director 7. Mr. Abhijit Kanvinde - Chief Financial Officer 8. Mr. Tejas Doshi - Company Secretary and Compliance Officer 9. Mr. Nikul Jalan - Statutory Auditor - Internal Auditor 10. Mr. Vipul Somaiya - Secretarial Auditor and Scrutiniser 11. Mr. Satyajit Mishra
• 1. Mr. Ketan Patel, Chairman & Managing Director of the Company, opened the Meeting and welcomed the Members attending Meeting through VC/OVAM.
• 1. The requisite quorum being present, the Chairman called the Meeting to order.
• 1. Thereafter, he informed that on account of COVID-19 outbreak and considering the social distancing norms to contain the spread of this virus, the Meeting was conducted through VC/OVAM in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in this regard.
• 1. Then the Chairman introduced members sitting on dais, Independent Directors and Auditors who joined the AGM through video conference.
• 1. Later, Mr. Tejas Doshi, Company Secretary and Compliance Officer, gave general instructions to Company's shareholders and read out Agenda of the Annual General Meeting.
• 1. With the concurrence of the Members attended the Meeting through VC/OVAM, the Notice of the 16th AGM together with the Financial Statements and Directors' Report for the FY 2019-20 were taken as read.

Creative Peripherals And Distribution Limited

Register Address: 3rd & 4th Floor, Plot No. 137 AB, Kandivali Co Op. Industrial Estate Ltd., Charkop, Kandivali (W Mumbai - 400 067., Tel.: 022-5061 2700, Email: hr@ecreativeindia.com, Web.: www.ecreativeindia.com www.ecreativeindia.com

(CIN):L52392MH2004PLC148754

• 1. Then Chairman addressed to shareholders, in which he highlighted the prevailing economic and market situations which affected the operations of the Company and salient features of the performance of the Company during the year 2019-20.
• 1. Then Chairman informed the shareholders about significant milestones in growth of Company's trajectory, about Company's own brand 'B-safe', Company's growth pillars, act done under Corporate Social Responsibility, migration of the Company to NSE SME Exchange to NSE Main Board, Bonus Issue, Dividend etc.
• 1. Then Chairman bid farewell to two Independent Directors Mr. Mandar Joshi and Mr. Piyush Shah, who resigned during the year; and then he introduced two new Independent Directors appointed during the year, Prof. Suresh Bhagavatula and Mr. Kurian Chandy.
• 1. Later, Mr. Abhijit Kanvinde, Chief Financial Officer of the Company, elaborated financial performance of the Company in FY 2019-20 along with growth and key ratios.
• 1. Then, Mrs. Purvi Patel, Whole-time Woman Director of the Company, informed the shareholders about the salient features of Company's newly launched B2B eCommerce business named Ckartonline.

S. No.	Resolutions	Type of Resolution
Ordinary Business
1.	To receive, consider and adopt the AuditedBalance Sheet of the Company as at 31st March,2020 and the Profit and Loss Account for the yearended on that date and the Reports of the Boardof Directors and Auditors thereon	Ordinary
2.	To declare Final Dividend of Rs. 0.5/- per share$(\varnothing 5%)$ for the year ended 31st March, 2020.	Ordinary
3.	To appoint a Director in place of Mr. Ketan Patel(DIN 00127633), who retires by rotation in termsof Section 152(6) of the Companies Act, 2013 andbeing eligible, offers himself for re-appointment.	Ordinary
	Special Business
4.	Regularisation of Additional Director, Mr. SureshBhagavatula (DIN 07475476) by appointing himas an Independent Director of the Company	Ordinary
5.	Regularisation of Additional Director, Mr. KurianChandy (DIN 00855226) by appointing him as anIndependent Director of the Company	Ordinary
6.	Revision of Remuneration of Mr. Ketan Patel (DIN00127633) Chairman and Managing Director ofthe Company	Ordinary

1. The following item of business as per the Notice of AGM dated September 03, 2020, were transacted at the meeting and passed with requisite majority:

Creative Peripherals And Distribution Limited

Register Address: 3rd & 4th Floor, Plot No. 137 AB, Kandivali Co Op. Industrial Estate Ltd., Charkop, Kandivali (W Mumbai - 400 067., Tel.: 022-5061 2700, Email: hr@ecreativeindia.com, Web.: www.ecreativeindia.com www.ecreativeindia.com

		(CIN):L52392MH2004PLC148754
7.	Revision of Remuneration of Mrs. Purvi Patel(DIN: 02663240), Whole-time Director of theCompany	Ordinary
8.	Appointment of Mr. Vijay Advani (DIN 02009626)as Whole-time Director of the Company andrevision of his Remuneration	Ordinary

• 1. It was also informed to the Members that M/s Satyajit Mishra & Co., Practising Company Secretary, (Membership No. FCS 5759, CP No. 4997) was appointed as a Scrutinizer to scrutinize the e-voting and remote e-voting process in a fair and transparent manner.
• 1. Mr. Satyajit Mishra informed the members that the e-voting facility was kept open for the next 30 minutes to enable the Members to cast their vote.
• 1. The Chairman authorized the Company Secretary of the Company to declare the voting results, intimate the Stock Exchanges and place the same on the website of the Company.
• 1. The Meeting was concluded by the Chairman with a vote of thanks to the Panelists and Members at 11:50 A.M:

For and on behalf of Creative Peripherals and Distribution Limited

Tejas Doshi (Company Secretary & Compliance Officer)

Creative Peripherals And Distribution Limited

Register Address: 3rd & 4th Floor, Plot No. 137 AB, Kandivali Co Op. Industrial Estate Ltd., Charkop, Kandivali (West). Mumbai - 400 067., Tel.: 022-5061 2700, Email: hr@ecreativeindia.com, Web.: www.ecreativeindia.com www.ecreativeindia.com