Delton Cables Ltd. — AGM Information 2019

Oct 1, 2019

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Date: 01.10.2019

The Listing Department BSE Limited P J Towers, Dalal Street, Fort Mumbai—400 001

Scrip Code: 504240

SUB: PROCEEDINGS OF THE 54TH ANNUAL GENERAL MEETING HELD ON 30[TH] SEPTEMBER, 2019

Dear Sir/Mam,

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulation 2015, please find enclosed the proceedings of the 54[th] Annual General Meeting of the Company held on Monday, 30th day of September, 2019 at 10.30 A.M. at Delton Hall, I.E.T.E 2, Institutional Area, Lodi Road, New Delhi – 110003.

Kindly be informed that all the business mentioned in the notice dated 14th August, 2019 were transacted at the Meeting and all the said resolutions have been passed by the members with requisite majority.

You are requested to take the aforesaid on record and oblige.

Thanking You,

Yours faithfully,

For DELTON CABLES LIMITED

Vikas Digitally signed by Vikas Rawat Date: 2019.10.01 Rawat 10:41:32 +05'30'

Vikas Rawat Company Secretary& Compliance Officer

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Proceedings of the 54th Annual General Meeting of Members of M/s Delton Cables Limited held on Monday, the 30th day of September, 2019 at 10:30 a.m. at Delton Hall, I.E.T.E 2, Institutional Area, Lodi Road, New Delhi - 110003

The 54th Annual General Meeting (AGM) of the members of the Company was held on Monday, 30th September, 2019 at 10:30 A.M. and concluded at 11:15 A.M. at Delton Hall, I.E.T.E 2, Institutional Area, Lodi Road, New Delhi - 110003.

In the absence of Sh. Vijender Kumar Gupta, Chairman of the Company, Sh. Mahesh Prasad Mehrotra, took the chair of the 54[th] Annual General Meeting of the Company and welcomed the members at the meeting.

Since the requisite quorum was present, Chairman called the meeting to order.

The Chairman briefed the members on the Ordinary Business and Special Business items covered in the AGM Notice dated 14[th] August, 2019 and ordered for poll to provide an opportunity to members present at the meeting to cast their votes and informed that the members who had not cast their vote through remote e-voting are also entitled to vote in poll at the meeting. It was further informed that there would be no voting by show of hands.

All the above agenda items were duly proposed by and seconded by the members present at the meeting.

The following items of business as set out in the Notice convening 54[th] Annual General Meeting (AGM) of the Company were transacted:

Ordinary Business:

As Ordinary Resolution

1. To receive, consider and adopt the Audited Financial Statement of the Company and the Reports of the Board of Directors and Auditors thereon for the FY ended on 31st March, 2019.

2. To appoint a Director in place of Smt. Shalini Gupta (DIN: 00035938), who retires by rotation and being eligible, offers herself for reappointment.

Special Business:

As Special Resolution

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1. To consider and approve waiver of the recovery of remuneration paid to Sh. Vijender Kumar Gupta, Chairman of the Company during the period from 13th August, 2018 to 31st March, 2019

2. To consider and approve waiver of the recovery of remuneration paid to Sh. Vivek Gupta, Managing Director of the Company during the period from 1st August, 2018 to 31st March, 2019

3. To consider and approve the remuneration of Sh. Vijender Kumar Gupta, Chairman of the Company for the period w.e.f. 1[st] April, 2019 to 12[th] August, 2019

4. To consider and approve the remuneration of Sh. Vivek Gupta, Managing Director of the Company for the period w.e.f. 1[st] April, 2019 to 31[st] July, 2019

5. To consider and approve the remuneration of Sh. Surender Singh Bhandari, Whole-time Director of the Company for the period w.e.f. 1st April, 2019 to 9th August, 2021

6. To consider and approve the re-appointment of Sh. Vijender Kumar Gupta as Chairman and Whole-time Director of the Company w.e.f. 13[th] August, 2020

7. To consider and approve the re-appointment of Sh. Vivek Gupta as Managing Director and Chief Executive Officer (CEO) of the Company w.e.f. 1[st] August, 2020

8. To consider and approve the re-appointment of Sh. Achintya Karati as an Independent Director of the Company

9. To consider and approve the re-appointment of Sh. Mahesh Prasad Mehrotra as an Independent Director of the Company

10. To consider and approve the re-appointment of Sh. Vijay Kumar Goel as an Independent Director of the Company

11. To consider and approve the re-appointment of Sh. Bharat Bhushan Chadha as an Independent Director of the Company

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0n completion of voting by the shareholders present at the meeting, the Chairman thanked the members for attending the 54[th] AGM of the Company and declared the meeting as concluded.

The scrutinizers' report was received on 30th September, 2019 and accordingly all the resolutions as set out in the notice of the AGM, were declared as approved with requisite majority.

Kindly take the above proceedings of the 54th Annual General Meeting of the Company in your records in compliance of SEBI (LODR) Regulations, 2015.

For Delton Cables Limited Vikas Digitally signed by Vikas Rawat Rawat Date: 2019.10.01 10:42:33 +05'30' Vikas Rawat Company Secretary & Compliance Officer