Crompton Greaves Consumer Electricals Limited — AGM Information 2020

Jul 24, 2020

Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1st Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai - 400 070.India T: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in CIN: L31900MH2015PLC262254

July 24, 2020

To,	To,
BSE Limited ("BSE"),	National Stock Exchange of India Limited
Corporate Relationship Department,	("NSE"),
2nd Floor, New Trading Ring,	"Exchange Plaza", 5th Floor,
P.J. Towers, Dalal Street,	Plot No. C/1, G Block,
Mumbai –400 001.	Bandra-Kurla Complex,
	Bandra (East),Mumbai –400 051.
BSE Scrip Code: 539876	NSE Symbol: CROMPTON
ISIN: INE299U01018	ISIN: INE299U01018
Our Reference: 56/2020-21	Our Reference:56/2020-21

Dear Sir/Madam,

Sub: Compliance of Regulations 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the SEBI Listing Regulations")

This is to inform you that the 6 th Annual General Meeting ("AGM") of Crompton Greaves Consumer Electricals Limited was held on Friday, July 24, 2020 at 3:00 P.M. (IST) through Video Conferencing (VC)/ Other Audio Visual Means (OAVM), without the physical presence of the Shareholders at a common venue, which concluded at 4:30 P.M.(IST).

This is in compliance with the relevant Circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India and the provisions of the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In this regard, please find enclosed proceedings of the AGM pursuant to Part A of Schedule III of SEBI Listing Regulations.

This is for your information and you are requested to bring this to the notice of your constituents.

Thanking You, For Crompton Greaves Consumer Electricals Limited

Pragya Kaul PRAGYA Digitally signed by PRAGYA KAUL DN: c=IN, o=Personal, postalCode=400074, st=MAHARASHTRA, serialNumber=84c3cda8c48ae17c551bd8b9ee5a 8312ce8ac0972726393186cb59193af2751f, cn=PRAGYA KAUL Date: 2020.07.24 19:35:18 +05'30'

Company Secretary & Compliance Officer

Encl: A/a

KAUL

PROCEEDINGS OF THE 6 th ANNUAL GENERAL MEETING OF CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED

The 6 th Annual General Meeting ("AGM") of the Members of Crompton Greaves Consumer Electricals Limited (the "Company") was held on Friday, July 24, 2020 through Video Conferencing(VC)/ Other Audio Visual Means (OAVM).

The said AGM commenced at 3:00 P.M.(IST) and concluded at 4:30 P.M.(IST).

Total Eighty-Six members were present for this AGM.

Mr. Hemant Nerurkar, Chairman, chaired the Meeting and welcomed the Members of the Company.

With the requisite quorum being present, the Chairman called the meeting to order. The Chairman informed that the Meeting was held through VC/ OAVM.

He also informed that authorisations have been received for 16,43,02,579 (Sixteen Crore Forty Three Lac Two Thousand Five Hundred Seventy Nine Equity Shares) of Rs. 2 each which is 26.19% of the Company's paid up equity share capital. The registers, documents and records as required by law were also kept open for electronic inspection by the members. Auditors certificate in respect of Employees Stock Option Plan of the Company was also kept open for electronic inspection during the meeting.

All the Directors were present at the meeting. The Directors present were requested to introduce themselves.

The Chairman also informed that the Statutory Auditors and the Secretarial Auditors were also present at the meeting.

The Chairman informed that the 6th AGM Notice and Annual Report for the financial year 2019- 20 had been sent electronically to those members whose email ids were registered with the Company/RTA or Depository Participants.

Thereafter, with the consent of the Members present, the Notice convening the 6th AGM of the Company was taken as read. Further, the Chairman informed that there were no qualification(s), observation(s) or comment(s) of the Statutory Auditors or the Secretarial Auditors in their Report(s) for the year ended March 31, 2020 and the same were taken as read.

Ms. Pragya Kaul, Company Secretary, then informed that in view of the COVID-19 pandemic and as per the Circulars issued by MCA and SEBI, the AGM was being held electronically and hence the facility of appointing proxy was not applicable.

The members were informed that in compliance with Rule 20 of the Companies (Management and Administration) Rules, 2014, the Company had provided to the Members the facility to cast their votes electronically on all resolutions set forth in the Notice convening the 6th AGM of the Company. The e-voting platform was kept open for voting from Monday, July 20, 2020 at 9:00 A.M. and ended on Thursday, July 23, 2020 at 5:00 P.M. Further, the members who had not cast their votes earlier through remote e-voting were requested to cast their vote electronically during the course of the AGM.

The Company Secretary also informed that the Board of Directors of the Company had engaged the services of National Securities Depositories Limited (NSDL) for the remote evoting and voting through electronic voting system at the AGM and had also appointed Ms.

Ashwini Inamdar failing her Mr. Atul Mehta, Partner, Mehta & Mehta, Company Secretaries as the Scrutinizer to scrutinize the entire voting process in a fair and transparent manner.

The Chairman then delivered his speech to the Members of the Company.

The following items of business, as per the Notice convening the 6th AGM of the Company dated May 15, 2020, were considered at the AGM:

ORIDNARY BUSINESS:

• 1. Adoption of the financial statements of the Company for the financial year ended on 31st March, 2020 together with the reports of the Board of Directors and Auditors' thereon
• 1. Re-appointment of Mr. Promeet Ghosh as a Director of the Company

SPECIAL BUSINESS:

• 1. Re-appointment of Mr. Shantanu Khosla (DIN: 00059877) as the Managing Director
• 1. Re-appointment of Mr. P. M. Murty (DIN: 00011179) as an Independent Director
• 1. Re-appointment of Mr. D. Sundaram (DIN: 00016304) as an Independent Director
• 1. Re-appointment of Mr. H. M. Nerurkar (DIN: 00265887) as an Independent Director
• 1. Ratification of remuneration payable to M/s. Ashwin Solanki & Associates, Cost Auditors of the Company

The Chairman initiated Question and Answer Session, whereby the registered speaker shareholders expressed their views and sought clarification on the performance of the Company and related matters one by one. Then Mr. Shantanu Khosla, Managing Director of the Company responded to the queries/suggestions of the Members.

The Chairman, thereafter, thanked all the Members for their participation at the AGM and for their constructive suggestions and comments. He informed the members that the e-voting process will continue for the next 15 minutes and will be disabled automatically and then declared the Meeting as closed.

The Company will separately intimate the results of e-voting to the Stock Exchanges.

For Crompton Greaves Consumer Electricals Limited PRAGYA Digitally signed by PRAGYA KAUL DN: c=IN, o=Personal, postalCode=400074,

Pragya Kaul st=MAHARASHTRA, serialNumber=84c3cda8c48ae17c551bd8b9ee5a 8312ce8ac0972726393186cb59193af2751f, cn=PRAGYA KAUL Date: 2020.07.24 19:35:55 +05'30'

KAUL

Company Secretary & Compliance Officer