Epigral Limited — AGM Information 2024

Jul 9, 2024

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9[th] July, 2024

To National Stock Exchange of India Limited “Exchange Plaza”, Bandra-Kurla Complex, Bandra (East) Mumbai 400 051

SYMBOL:- EPIGRAL

BSE Limited Floor- 25, P J Tower, Dalal Street, Mumbai 400 001 Scrip Code 543332

Dear Sir,

Sub:- Proceedings of 17[th] Annual General Meeting of Epigral Limited held on 9[th] July, 2024 – under Regulation 30 of SEBI (LODR) 2015.

With reference to subject matter and pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith summary of Proceedings of 17[th] Annual General Meeting of the Members of the Company held on Tuesday, 9[th] July, 2024 at 10:30 a.m. through Video Conferencing (VC) / Other Audio‐visual Means (OAVM).

The voting results of 17[th] Annual General Meeting will be declared and disseminated on the Stock exchanges on or before 11[th] July, 2024 and will also be uploaded on the websites of the Company and CDSL who had provided the Voting facility.

We request you to take the same on records and disseminate the same to the members.

Yours faithfully, For Epigral Limited (formerly known as Meghmani Finechem Limited)

GAURANG Digitally signed by GAURANG GHANSHYAM TRIVEDI DN: c=IN, o=Personal, title=8963, 2.5.4.20=cab9f961e728b2e65ca9ff24cce86b GHANSHYA 953d6aaa663b351b8517a2169c49afac69, postalCode=382421, st=Gujarat, serialNumber=2a9ee2fe1bfa08fbea158525e 534dcac75eec375935d440e5e4b0eacb6b8d M TRIVEDI 13c, cn=GAURANG GHANSHYAM TRIVEDI Date: 2024.07.09 18:09:33 +05'30'

Gaurang Trivedi Company Secretary & Compliance Officer M. No. A22307

Encl: - As above

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SUMMARY OF PROCEEDING OF THE 17[th] ANNUAL GENERAL MEETING OF THE MEMBERS OF EPIGRAL LIMITED (FORMERLY KNOWN AS MEGHMANI FINECHEM LIMITED) [‘THE COMPANY’] HELD THROUGH VIDEO CONFERENCING (VC) / OTHER AUDIO‐VISUAL MEANS (OAVM) ON TUESDAY, 9[th ] JULY, 2024 AT 10:30 A.M.

1. DAY, DATE, TIME, VENUE AND MODE OF THE MEETING:

The 17[th] Annual General Meeting (AGM) of the Members of the Company was held today at 10.30 a.m., through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in accordance with the circular(s) issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) to transact the business(es) mentioned in the Notice dated 22[nd ] April, 2024. The meeting concluded at 11.23 a.m.

2. DIRECTORS AND KEY MANAGERIAL PERSONNEL PRESENT THROUGH VC/ OAVM:

1)	Mr. Maulik Patel	Chairman & Managing Director
2)	Mr. Kaushal Soparkar	Executive Director
3)	Mr. Ankit Patel	Director
4)	Mr. Karana Patel	Director
5)	Mr. Darshan Patel	Director
6)	Mr. Manubhai Patel	Independent Director & Chairman of Audit Committee
7)	Ms. Nirali Parikh	Independent Director
8)	Mr. Raju Swamy	Independent Director
9)	Mr. Kanubhai Patel	Independent Director
10)	Mr. Sanjay Asher	Independent Director
11)	Mr. Sanjay Jain	Chief Financial Officer
12)	Mr. Gaurang Trivedi	Company Secretary & Compliance Officer

3. PROCEEDINGS OF THE MEETING

Mr. Maulik Patel, Chairman and Managing Director of the Company chaired the meeting and welcomed the members at 17[th] Annual General Meeting (AGM). The Chairman thereafter requested the Company Secretary to start the proceedings of AGM.

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Mr. Gaurang Trivedi, Company Secretary welcomed the Shareholders, Directors, Members and Senior Management of the Company and informed that in accordance with the Companies Act, 2013 and circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI, the arrangement has been made for the members to participate in meeting through Video Conferencing (VC)/Other Audio Visual Means (OAVM) and Vote through facility provided by Central Depository Services (India) Limited (CDSL).

The requisite quorum being present through VC/OAVM the Company Secretary called the meeting in order. The Company Secretary briefed some of the important aspect of the proceeding of the meeting and voting at this meeting.

The Chairman requested the Directors present at the meeting to introduce themselves. All the Directors introduced themselves mentioning their respective locations from where they were participating through VC.

The representatives of Statutory Auditor, Internal Auditor and Secretarial Auditor of the Company were present at the meeting through VC.

The Chairman then gave an overview on Brief Profile of the Company, Rationale for change of Name of the Company, Overview of Chemicals Industry, Financial Performance of the Company, Declaration of Dividend @ Rs. 5 per share for F.Y. 202324, Expansion Plans, Human Resources - Knowledge Capital and Long Term vision.

The Chairman thanked the Directors and all the Members for participating in the Meeting and for their continued support to the Company and also wished everyone for good health and safety in the year ahead. The Chairman then advised the Company Secretary to carry on further proceedings.

The Company Secretary informed to have received request from Five Members as registered Speaker and invited them one by one speaker shareholder to express their views and ask question, if any.

The Speaker Shareholder, who remained present expressed their views positively and sought information / clarification on business performance, future outlook, capex plan, contribution of specialty chemicals, etc. The Chairman then responded and clarified on queries raised by the Members to their satisfaction.

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The Company Secretary then informed that: -

• a) The Notice Circulated to the members along with Annual Report FY2024 was taken as read.

• b) The report of Board of Directors and Secretarial Auditors forming part of the Annual Report for FY 2024 were considered as read.

• c) The Statutory Auditors’ Report on the Audited Financial Statements for FY2024 did not have any qualification, observation or comments, and was considered as read.

• d) As the Company had provided e-voting facility and voting has commenced much before convened Meeting, there was no need to Propose and Second the resolution.

Thereafter, the Company Secretary informed that e-voting was commenced on Friday, 5[th] July, 2024 at 9.00 a.m. and ended on Monday, 8[th] July, 2024 at 5.00 p.m. Those members who could not cast their vote during the remote e-voting were provided the opportunity to vote during the continuance of the meeting.

The following seven resolutions as set out in Notice of 17[th] AGM were placed before the members for their approval:

Sr. No	Particulars
ORDINARY BUSINESS
1.	Ordinary Resolution
	i. Adoption of Standalone Financial Statement of the Company for the financial year ended 31stMarch, 2024 together with report of the Board of Directors & Auditors thereon. ii. Adoption of Audited Consolidated Financial Statement of the Company for the financial year ended on 31stMarch, 2024 together with report of Auditors thereon.
2.	Ordinary Resolution
	Declare a Final Dividend of Rs. 5.00 (50%) per equity share of Rs. 10/- each for the Financial Year 2023-24.
3.	Ordinary Resolution
	Appoint a Director in place of Mr. Ankit Patel (DIN 02180007), who retires by rotation,and beingeligible,offers himself for re-appointment.
4.	Ordinary Resolution
	Appoint a Director in place of Mr. Karana Patel (DIN 01727321), who retires by rotation,and beingeligible,offers himself for re-appointment.
5.	Ordinary Resolution
	Ratification of Appointment of M/s. S R B C & Co LLP, Chartered Accountants as the StatutoryAuditors of the Companyfor F. Y. 2024-25.

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Sr. No	Particulars
SPECIAL BUSINESS
6.	Ordinary Resolution
	Ratification of remuneration payable M/s K V Melwani & Associates, Cost Accountants as the Cost Auditors of the Companyfor the F.Y. 2024-25.
7.	Special Resolution
	Continuation of Mr. Manubhai K. Patel as a Non-Executive Independent Director of the Companyon attainment of 75years of age.

The Company Secretary informed the Members that e-voting on CSDL platform would be available for the next 15 minutes after closing time of AGM and thereafter it would be disabled automatically.

The members were informed that M/s K J Shah & Co., Practicing Company Secretary, Ahmedabad has been appointed as the scrutinizer to supervise the e-voting process.

The result of the remote e-voting and e-voting would be announced and uploaded on or before Thursday, 11[th] July, 2024 on the Stock Exchanges and on the website of the Company and Central Depository Services Limited.

As there was no further business to be transacted, with the permission of the Chairman the proceeding of the meeting was declared as concluded and closed. The Company Secretary conveyed thanks to all the members for attending the meeting.

For Epigral Limited

(formerly known as Meghmani Finechem Limited)

GAURANG GHANSHYAM TRIVEDI Digitally signed by GAURANG GHANSHYAM TRIVEDI DN: c=IN, o=Personal, title=8963, 2.5.4.20=cab9f961e728b2e65ca9ff24cce86b953d6aaa663b351b8517a2169c49afac69, postalCode=382421, st=Gujarat, serialNumber=2a9ee2fe1bfa08fbea158525e534dcac75eec375935d440e5e4b0eacb6b8d13c, cn=GAURANG GHANSHYAM TRIVEDI Date: 2024.07.09 18:11:21 +05'30'

Gaurang Trivedi Company Secretary & Compliance Officer M. No. A22307

Place: Ahmedabad Date: 09.07.2024

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