CREST VENTURES LIMITED — AGM Information 2018

Sep 4, 2018

Ref: CVL\ SE\ 18-19 September 04, 2018

To,BSE LimitedPhiroze JeejeebhoyTowers ,Dalal Street,Mumbai —400 001.	To,National StockExchange ofIndia Limited"Exchange Plaza",Bandra -Kurla Complex,Bandra (E),Mumbai 400 051
Scrip Code : 511413	Symbol: CREST
ISIN : INE559D01011	Series: EQ

Dear Sir,

Sub: Proceedings of the 36'" Annual General Meetinq of the Company held

on September 041 2018.

The Proceedings of the Thirty Sixth (36"') Annual General Meeting pursuant to Regulation 30(4), Part- A of Schedule- III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 is enclosed herewith for your kind reference.

Kindly take the same on records.

Thanking you.

Yours faithfully, For Crest Ventures Limited

w" M'V'

Manasflfda/k Company Secretary

Enclz. ala

PROCEEDINGS OF THE 36TH ANNUAL GENERAL MEETING

The 36'h Annual General Meeting ("AGM") of Members of the Company was held on September 04, 2018 at MVIRDC, World Trade Centre. Centre-1. First Floor, Centrum Hall, Cuffe Parade, Mumbai - 400 005 at 12.00 Noon.

Mr. V. R. Galkar, Chairman of the Company. Mr. Vijay Choraria. Managing Director, Mr. Rajeev Sharma, Independent Director and Chairman of Audit Committee and Nomination & Remuneration Committee of the Company were present at the meeting. Further, Mr. Parag Shah, Chief Financial Officer, was also present at the AGM.

Category	PromoterPromoterandGroup	Public	Total
In person	5_	91—u— — _	96—
ThroughProxy	-	-—	I-
Total	5	91	96

The attendance ofthe shareholders at the meeting is mentioned below:

Ms. Manasi Modak, Company Secretary, introduced all the Board Members on the dais. Mr. V. R. Galkar, Chairman, after ascertaining the requisite quorum being present, presided over the meeting and welcomed the Members at the AGM of the Company.

With the permission of the Members, the Notice of the AGM and the Independent Auditors' Report on the financial statements of the Company for the financial year 2017-18, as circulated was taken as read.

At the request ofthe Chairman, the Managing Director, Mr. Vijay Choraria conducted the further proceedings. The Managing Director gave an overview of the financial performance of the Company for the financial year ended March 31, 2018, position ofthe Company in the real estate sector and further familiarized the members with a short presentation on the projects completed and the projects which are still in intermediate phase. The Members were then given an opportunity to give suggestions, raise queries one by one and seek clarifications for the same.

Crest Ventures Limited

Ms. Manasi Modak, Company Secretary then informed the Members that in accordance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided the facility of remote e-voting for the resolutions set forth in the Notice of the AGM for the approval of the shareholders. The remote e-voting period had commenced on Saturday, September 01, 2018 at 10.00 am. and ended on Monday, September 03. 2018 at 5.00 p.m. The e-voting module was disabled by NSDL for voting thereafter. She also informed the shareholders that pursuant to Secretarial Standard SS — 2, e-voting facility has been arranged for those shareholders who did not cast their votes through remote e-voting.

The Managing Director, Mr. Vijay Choraria, further informed the Members that the Company had appointed CS Ajit Sathe, Proprietor of M/s. A. Y. Sathe & Co., Practising Company Secretaries as the 'Scrutinizer' for the purpose of scrutinizing the voting process in a fair and transparent manner for the resolutions included in the Notice ofthe AGM.

The business transacted at the 36'h AGM, as stated in the Notice thereof dated August 1 1, 2018 is as detailed below:

Business:Ordinary
1	ofAuditedFinancialStatements andAdoptionReportsoftheDirectorsand the Auditorsthereon	ResolutionOrdinary
2	Declaration ofdividendforthe financialyear 2017 -18	ResolutionOrdinary
3	IRe-appointment ofDirector	ResolutionOrdinary

The Managing Director thanked all the members present and thereafter, requested CS Ajit Sathe, Proprietor of M/s. A. Y. Sathe & Co., Practising Company Secretaries, Scrutinizer for the orderly conduct of the e-voting process and submit his report thereon.

The Managing Director further announced that the e-voting results along with the combined scrutinizer's report shall be submitted to the Stock Exchanges and uploaded on the website ofthe Company at www.crestcoin.

The meeting concluded at 12.25 p.m. after the members cast their votes.

Crest Ventures Limited Registered Office: 111, Maker Chambers IV I 11lh Floor | Nariman Point | Mumbai — 400021 IT: +91 22 43347000 I F: +91 22 43347002 www.crest.co.in I CIN-L99999MH1982PLC102697