Delton Cables Ltd. — AGM Information 2024

Sep 25, 2024

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To, BSE Limited P J Towers, Dalal Street, Fort Mumbai—400 001

Date: September 25, 2024

Scrip Code: 504240

Sub: Proceedings of 59th Annual General Meeting held on September 25, 2024

Dear Sir/Madam,

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulation 2015, please find enclosed the proceedings of the 59th Annual General Meeting of the Company held on Wednesday, September 25, 2024 at 10:30 A.M through Video Conferencing (VC) / other audio-visual mode (OAVM) deemed venue at Delton House, 4801, Bharat Ram Road, 24, Darya Ganj, New Delhi – 110002.

Kindly be informed that all the items mentioned in the notice dated August 09, 2024 were transacted at the Meeting and all the said resolutions have been passed by the members with requisite majority.

You are therefore requested to kindly take the enclosed proceedings of the 59th AGM of the Company in your records and oblige.

Thanking You,

Yours faithfully,

For Delton Cables Limited

VIVEK Digitally signed by VIVEK GUPTA Date: 2024.09.25 GUPTA 18:26:03 +05'30'

Vivek Gupta Managing Director DIN: 00035916

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Proceedings of the 59th Annual General Meeting of Members of M/s Delton Cables Limited held on Wednesday, the 25th day of September, 2024 at 10:30 a.m. through Video Conferencing (VC) / other audio-visual mode (OVAM) (Deemed Venue at Delton House, 4801, Bharat Ram Road, 24, Darya Ganj, New Delhi – 110002)

The 59th Annual General Meeting (AGM) of the members of the Company was held on Wednesday, 25th September, 2024 at 10:30 A.M. and concluded at 11:13 A.M. (including the time given for 20 minutes for e-voting) through Video Conferencing (VC) / other audiovisual mode (OAVM) in compliance with the Circulars issued by Ministry of Corporate Affairs (MCA) and by the Securities and Exchange Board of India (SEBI) and other applicable provisions of the Companies Act, 2013 and the rules framed under and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The deemed venue of the AGM was the registered office of the Company.

Mr. Vikas Rawat, Company Secretary, welcomed the Chairman, Board of Directors, other Panellist and Members to the Meeting and briefed them on details relating to their participation at the Meeting through audio-visual means and informed that the Registers as required under the Companies Act, 2013 were available for inspection in electronic mode, should any Member request for the same.

The Company Secretary requested the Chairman to take the Chair and proceed with the meeting. Thereafter, Mr. Vijender Kumar Gupta, Chairman, took the Chair and as the requisite quorum was present, called the meeting to order.

The Chairman welcomed the Board, other Panellists and Shareholders to the Meeting and as requisite quorum being present, called the Meeting to order and shows his gratitude to the stakeholders for their unwavering trust reposed on the Company and then request Mr. Vivek Gupta, Managing Director of the Company to take forward the meeting.

Thereafter Mr. Vivek Gupta, Managing Director welcomed the members of the Company and informed that the Chairperson of Audit Committee, Nomination and Remuneration Committee and the Stakeholders’ Relationship Committee were present at the meeting and presented a brief overview of the Company.

With the consent of the Members present, the Notice convening the AGM and the Auditor's Report for the financial year ended March 31, 2024 were taken as read. There were no

qualifications, observations or adverse remarks in the reports of the Statutory Auditor and Secretarial Auditor.

In terms of the Notice dated August 09, 2024 convening the 59[th] AGM of the Company, the following business(s) were transacted at the Meeting:

Ordinary Businesses:

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, 2024.

2. To declare a Final Dividend of Rs. 1.50 per equity share of Rs. 10 each for the financial year ended March 31, 2024

3. To appoint a Director in place of Mr. Shashi Kumar Sharma (DIN: 08485614), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.

Special Businesses:

As Special Resolution

1. To approve and revise the remuneration of Mr. Vijender Kumar Gupta (DIN: 00036210) Chairman and Whole Time Director of the Company.

2. To waive recovery of remuneration paid to Mr. Vivek Gupta (DIN: 00035916), Managing Director & CEO during the period August 01, 2023 to July 31, 2024

3. To approve and revise the remuneration of Mr. Vivek Gupta (DIN:00035916), Managing Director & CEO of the Company

As Ordinary Resolution

1. Ratification of Remuneration of Cost Auditors

As Special Resolution

1. Appointment of Mr. Amit Ramani (DIN: 00549918) as an Independent Director of the Company

2. Appointment of Mr. Gagan Sinha (DIN: 00298362) as an Independent Director of the Company

The Company Secretary informed the Members that the voting results along with the Scrutinizer’s report will be placed on the company’s website at www.deltoncables.com and on the website of CDSL at www.evotingindia.co.in within 2 working days from the conclusion of the AGM of the company and communicated to the Stock Exchange i.e. BSE Limited.

The Chairman then thanked the Members for attending and participating in the Meeting.

The e-voting facility was kept open for the next 20 minutes to enable the Members to cast their vote. Post the conclusion of the remote e-voting, the Scrutinizers' report was received.

All the Resolutions have been passed with requisite majority.

For Delton Cables Limited

VIVEK Digitally signed by VIVEK GUPTA Date: 2024.09.25 GUPTA 18:26:44 +05'30' Vivek Gupta Managing Director DIN: 00035916