EQUIPPP SOCIAL IMPACT TECHNOLOGIES LIMITED — Proxy Solicitation & Information Statement 2024

Mar 12, 2024

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March 12, 2024

To To

National Stock Exchange of India Limited BSE Limited Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra –Kurla Complex Mumbai- 400051 Dalal Street Mumbai – 400001

NSE Symbol: EQUIPPP BSE Scrip Code: 590057

Sub: Postal Ballot Notice - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Postal Ballot Notice, seeking approval of the members of the Company, by way of remote e-voting process for the following matters: -

Resolution Title	Ordinary/ Special Resolution
Appointment of Mr. Venkataraman Subramanian (DIN: 00357727) as a Non-Executive Independent Director of the Company.	Special Resolution
Appointment of Ms. Krithika Jayaraman (DIN: 08006421) as a Non-Executive Non-Independent Director of the Company.	Ordinary Resolution
Appointment of Ms. Madhuri Venkata Ramani Viswanadham (DIN: 08715322) as a Non-Executive Independent Director of the Company.	Special Resolution

In compliance with the MCA Circulars, this Postal Ballot Notice is being sent only by electronic mode to those members whose names appear on the Register of Members/ List of Beneficial Owners as on Friday, March 08, 2024 (" cut-off date ") received from the Depositories and whose e-mail address is registered with the Company/RTA/Depositories.

8th Floor, Western Pearl Building, Hitech City Road, Kondapur, Hyderabad - 500081, Telangana, India. | 040-29882855 | cs@equippp.com | www.equippp.in CIN: L72100TG2002PLC039113

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The Company has engaged the services of Central Depository Services (India) Limited (" CDSL ") for the purpose of providing remote e-voting facility to all its members.

The remote e-voting period commences from Sunday, March 17, 2024 at 9.00 AM and ends on Monday, the April 15, 2024 at 5.00 PM (both days inclusive). The results of the Postal Ballot will be announced on or before Wednesday, April 17, 2024.

The Postal Ballot Notice is also available on the website of the Company at www.equippp.in.

This is for your information and records.

Thanking You,

For Equippp Social Impact Technologies Limited

(Formerly known as Proseed India Limited)

PRASHAL Digitally signed by PRASHAL PANDEY PANDEY Date: 2024.03.12 21:50:16 +05'30'

Prashal Pandey Company Secretary and Compliance Officer Membership No: A61549

8th Floor, Western Pearl Building, Hitech City Road, Kondapur, Hyderabad - 500081, Telangana, India. | 040-29882855 | cs@equippp.com | www.equippp.in CIN: L72100TG2002PLC039113

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EQUIPPP SOCIAL IMPACT TECHNOLOGIES LIMITED (Formerly known as Proseed India Limited)

CIN: L72100TG2002PLC039113

Registered Office: 8th Floor, Western Pearl Building, Hitech City Road, Kondapur, Hyderabad, Telangana, India, 500081 Tel: 040-29882855 Email: cs@equippp.com , Web: www.equippp.in

NOTICE OF POSTAL BALLOT/ E-VOTING

Notice is hereby given to the Members of Equippp Social Impact Technologies Limited (“ The Company ”) pursuant to the provisions of Section 108 and Section 110 and other applicable provisions, if any, of the Companies Act, 2013 (“ the Act ”) read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (" the Rules ") read with General circular nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020, 10/2021 dated June 23, 2021, 20/2021 dated December 8, 2021 and 03/2022 dated May 05, 2022 read with Circular No. 11/2022 dated 28th December, 2022 and No. 09/2023 dated September 25, 2023 issued by Ministry of Corporate Affairs (“ the MCA Circulars ”) in relation to “Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and the rules made there under” and Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated October 7, 2023 issued by the Securities and Exchange Board of India (“SEBI”) including earlier circulars issued in this regard, (hereinafter collectively referred to as the “Circulars” and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations ”), Secretarial Standard on General Meetings (“ SS-2 ”) issued by the Institute of Company Secretaries of India and other applicable laws, rules and regulations (including any statutory modification or re-enactment thereof for the time being in force and as amended from time to time, to transact the items of special business, as set out in this Postal Ballot Notice and to seek approval of the Members by way of Ordinary/Special Resolution, through voting by electronic means (“ remote e-voting ”) only. The proposed Ordinary/Special Resolutions and Explanatory Statement pursuant to the provisions of Section 102 of the Companies Act, 2013, pertaining to the said resolutions setting out all material facts concerning each resolution and the reasons thereto is annexed hereto for your consideration.

In compliance with the MCA Circulars, this Postal Ballot Notice is being sent by email to only those shareholders, who have registered their email addresses with the Company / Registrar & Share Transfer Agent / Depository / Depository Participants and whose names appear in the register of members / list of beneficial owners of the Company provided by the Depositories as on Friday, March 08, 2024 (i.e., the “Cut-off Date”). In case your email address is not registered, please follow the process mentioned in the Notes to this Postal Ballot Notice for procuring login credentials and e-voting on the proposed resolution(s).

The Company is providing the facility of remote e-voting to its members on the items of Special Businesses set out in this Notice and has engaged the services of Central Depository Services Limited (“CDSL”) for this purpose.

Members are requested to go through the detailed “INSTRUCTIONS FOR REMOTE E-VOTING” and other Notes appended to this Postal Ballot Notice.

The remote e-voting period shall commence on Sunday, March 17, 2024 (09:00 hours) India Standard Time (IST) and end on Monday, April 15, 2024 (17: 00 hours) (IST), both days inclusive. Members are requested to record their ASSENT or DISSENT on the resolution(s) set out in this Postal Ballot Notice through remote e-voting only, not later than 17:00 hours (IST) on Monday, April 15, 2024, after which the remote e-voting facility shall not be allowed by CDSL.

Pursuant to Rule 22(5) of the Rules, the Board of Directors of the Company at its meeting held on February 13, 2024 has appointed Mr. Balaramakrishna Desina, (FCS 8168| CP 22414), Proprietor of Balaramakrishna & Associates, Company Secretaries in Practice, Hyderabad, as the Scrutinizer for conducting this Postal Ballot process through electronic means / remote e-voting, in a fair and transparent manner. Based on the report of the Scrutinizer, the results of Postal Ballot / remote e-voting shall be announced within two working days of conclusion of remote e-voting process, i.e., on or before Wednesday, April 17, 2024 and will be uploaded on the website of the Company i.e., www.equippp.in and of CDSL i.e., www.evotingindia.com. The results will also be available at the Registered Office of the Company.

SPECIAL BUSINESS

ITEM NO.1

To approve the appointment of Mr. Venkataraman Subramanian (DIN: 00357727) as a Non-Executive Independent Director of the Company.

To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution:

“RESOLVED THAT pursuant to the provisions of Sections 149, 150 and 152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014, Regulation 17 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) and Articles of Association of the Company, Mr. Venkataraman Subramanian (DIN:00357727), who was recommended by the Board of Directors as a Non-Executive Independent Director of the Company on the recommendation of Nomination & Remuneration Committee of the Company and in respect of whom the Company has received a Notice in writing under Section 160(1) of the Companies Act, 2013 from a member proposing his candidature for the office of Director, and who has submitted a declaration that he meets the criteria for independence as provided in Section 149(6) of the Companies Act, 2013, and the rules made thereunder, being eligible, be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a consecutive term of five (5) years effective from February 13, 2024.

RESOLVED FURTHER THAT Ms. Vindhya Dronamraju, (DIN: 03169319) Whole Time Director, Mr. Sreenivasa Chary Kalmanoor (DIN: 09105972), Executive Director, and Company Secretary of the company be and are hereby jointly/severally authorized to file the requisite E-forms, documents, attachments with stock exchanges and to do all such other acts, deeds and things as may be deemed necessary for giving effect to this resolution. ”

ITEM NO.2

To approve the appointment of Ms. Krithika Jayaraman (DIN: 08006421) as a Non-Executive Non-Independent Director of the Company.

To consider and if thought fit, to pass with or without modification(s), the following Resolution as an Ordinary Resolution:

“RESOLVED THAT pursuant to the provisions of Sections 149, 152, 161(1) and any other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Qualifications of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force) and Regulation 17 (1C) and other Provisions of SEBI (LODR) Regulations, 2015 and pursuant to recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors of the Company, Ms. Krithika Jayaraman (DIN: 08006421), who was appointed as an Additional Director of the Company in the Non-executive category w.e.f. February 13, 2024, and who has submitted her consent as provided in the Companies Act, 2013, and the rules made thereunder, be and is hereby appointed as a Non-executive Non-Independent Director of the Company who shall be liable to retire by rotation.

RESOLVED FURTHER THAT Ms. Vindhya Dronamraju, (DIN:03169319) Whole Time Director, Mr. Sreenivasa Chary Kalmanoor (DIN:09105972), Executive Director, and Company Secretary of the company be and are hereby severally authorized to sign and execute all such documents and papers as may be required for the purpose and file necessary e-form with the Registrar of Companies and to do all such acts, deeds and things as may be considered expedient and necessary in this regard. ”

ITEM NO.3

To approve the appointment of Ms. Madhuri Venkata Ramani Viswanadham (DIN: 08715322) as a Non-Executive Independent Director of the Company.

To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution:

“RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 read with Schedule IV and any other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Qualifications of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force) and Regulation 17 (1C) and other Provisions of SEBI (LODR) Regulations, 2015 and pursuant to recommendation of the Nomination and Remuneration Committee in terms of Section 161 of the Companies Act, 2013 (“Act”) and approval of the Board of Directors of the Company, Ms. Madhuri Venkata Ramani Viswanadham (DIN: 08715322), who was appointed as Additional Director of the Company in the Independent category w.e.f. February 13, 2024 and who has submitted a declaration that she meets the criteria for independence as provided in Section 149(6) of the Companies Act, 2013, and the rules made thereunder, and in respect of whom the Company has received a notice in writing from a Member under Section 160(1) of the Act proposing his candidature for the office of a Director, be and is hereby appointed as a Non-Executive Independent Director of the Company for a term of five consecutive years with effect from February 13, 2024 who shall not be liable to retire by rotation.

RESOLVED FURTHER THAT Ms. Vindhya Dronamraju, (DIN:03169319) Whole Time Director, Mr. Sreenivasa Chary Kalmanoor (DIN:09105972), Executive Director, and Company Secretary of the company be and are hereby severally authorized to sign and execute all such documents and papers as may be required for the purpose and file necessary e-form with the Registrar of Companies and to do all such acts, deeds and things as may be considered expedient and necessary in this regard. ”

By Order of the Board

For Equippp Social Impact Technologies Limited

Sd/Prashal Pandey Company Secretary & Compliance Officer M. No. A61549

Place: Hyderabad Date: 13.02.2024

STATEMENT PURSUANT TO SECTION 102(1) OF THE COMPANIES ACT, 2013 READ WITH RULE 22 OF THE COMPANIES (MANAGEMENT AND ADMINISTRATION) RULES, 2014

ITEM NO.1

To approve the appointment of Mr. Venkataraman Subramanian (DIN: 00357727) as a Non-Executive Independent Director of the Company.

Based on the recommendation of Nomination and Remuneration Committee, the Board at its meeting held on 09.01.2024 recommended the appointment of Mr. Venkataraman Subramanian (DIN: 00357727) who is aged above 75 years as a Non-Executive Independent Director subject to approval of members.

The Company has received a declaration from him stating that he meets the criteria of Independence as prescribed under sub-section (6) of Section 149 the Act and Regulation 16(1) (b) of the Listing Regulations. He has also given his consent to continue to act as Director of the Company, if so appointed by the members.

In the opinion of the Board, Mr. Venkataraman Subramanian fulfills the conditions specified under Section 149 (6) of the Act, the Companies (Appointment and Qualification of Directors) Rules, 2014 and Regulation 16(1)(b) of the Listing Regulations, for his appointment as a Non-Executive Independent Director of the Company and is independent of the management.

Mr. Venkataraman Subramanian joined the Indian Administrative Service, premier service of the Government of India in 1971. Till his retirement in June 2008 as the Secretary to the Government in the Ministry of New and Renewable Energy, he occupied various important positions in the Government of West Bengal and the Government of India. His rich experience both at the implementation level and policy making level cuts across various sectors like Finance, Aviation, Energy, Labour etc. Mr. Subramanian was instrumental in the creation of the External Commercial Borrowings Division in the Ministry of Finance in the eighties and structured many innovative deals for Indian Public Sector Enterprises. He was also the Advisor to the Government of Mozambique for three years in 1990-1993. He was also the secretary to the State Government in the departments of Power and Labour. As Additional Secretary and Financial Advisor in the Ministry of Civil Aviation and Tourism (2000-2005). He was closely involved in policy formulation on Aviation and Tourism. He was on the Boards of Air India, Indian airlines, Airports authority of India, Helicopters Corporation of India, Indian Tourism Development Corporation and a host of other PSEs. He was also the Member-Secretary of the High-Level Committee to recommend a road map for the growth of Aviation in India. Most of the recommendations are being acted upon now. As Secretary in the Ministry of New and Renewable Energy, he undertook path breaking initiatives that resulted in more than doubling the grid connected renewable power generation capacity in less than three years. He pioneered the Solar Mission when he was in this position, till recently, he was the Chairman and Secretary General of the Indian Wind Energy Association, a position he had occupied since October 2008. He was also the Business Development Advisor to the Counsel for Scientific and Industrial Research for a year, after his retirement. Besides being a freelance consultant, he has taken up independent directorships of a few public and private sector companies. He is based at Delhi; He is a well-known speaker on “Renewable Energy” in various international conferences. He is also the key person in the formation of the new organization for policy advocacy in the area of renewable energy as a whole in India known as the “Indian Renewable Energy Federation”. He is a mentor of an NGO, Vasudha Foundation that is active in the area of climate change.

The Board is of the view that the association would benefit the Company as he also possesses appropriate skills, expertise and competencies in the context of the Company’s businesses.

In the opinion of the Board and the Nomination and Remuneration Committee, the following are the core skills/expertise/competencies required for the Independent Director in the context of the Company’s business: Wide Management and Leadership Experience, Functional and Managerial experience, Diversity, Personal Values and Corporate Governance, among others.

Accordingly, the Board seeks member’s approval via Special Resolution for appointment of Mr. Venkataraman Subramanian as a Non-Executive Independent Director of the company.

Except Mr. Venkataraman Subramanian, being an appointee, none of the Directors and Key Managerial Personnel of the Company and their relatives is concerned or interested, financially or otherwise, in the resolution set out at Item No.1.

ITEM NO.2

To approve the appointment of Ms. Krithika Jayaraman (DIN: 08006421) as a Non-Executive Non-Independent Director of the Company.

Based on the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on 13.02.2024 appointed Ms. Krithika Jayaraman (DIN: 08006421) as an Additional Non-Executive Non-Independent Director subject to approval of members. She has also given her consent to continue to act as Director of the Company, if so appointed by the members.

Ms. Krithika Jayaraman is a Author, a Strategist, a Social Scientist, an Educationist who has represented India as a Delegate at the Euro-BRICS Young Leaders Summit at St.Petersburg, Russia & Finland and the COP23 Summit in Bonn, Germany.

She serves as a Strategy Partner to a renowned International Public Policy Organisation that works with governments, top corporates, and organisations including World Bank, IMF, World Bank etc.

She is a Young India Fellow and an engineer with research work at Harvard Medical School and MIT.

Ms. Krithika Jayaraman currently works in International Public Policy and is involved in setting up a Self-Sustainable Smart Society in Tier 2, 3 and 4 towns. She is also the Founder Curator of the Global Shapers Hub (Pondicherry), World Economic Forum.

The Board is of the view that the association would benefit the Company as she also possesses appropriate skills, expertise and competencies in the context of the Company’s businesses.

In the opinion of the Board and the Nomination and Remuneration Committee, the following are the core skills/expertise/competencies required for the Non-Executive Director in the context of the Company’s business: Wide Management and Leadership Experience, Functional and Managerial experience, Diversity, Personal Values and Corporate Governance, among others.

Accordingly, the Board seeks member’s approval for appointment of Ms. Krithika Jayaraman as a Non-Executive Non-Independent Director of the Company.

Except Ms. Krithika Jayaraman, being an appointee, none of the Directors and Key Managerial Personnel of the Company and their relatives is concerned or interested, financial or otherwise, in the resolution set out at Item No.2.

ITEM NO.3

To approve the appointment of Ms. Madhuri Venkata Ramani Viswanadham (DIN: 08715322) as a Non-Executive Independent Director of the Company.

Based on the recommendation of the Nomination and Remuneration Committee, the Board at its meeting held on 13.02.2024 appointed Ms. Madhuri Venkata Ramani Viswanadham as an Additional Non-Executive Independent Director subject to approval of members.

The Company has received a declaration from her stating that she meets the criteria of Independence as prescribed under sub-section (6) of Section 149 the Act and Regulation 16(1) (b) of the Listing Regulations. She has also given her consent to continue to act as Director of the Company, if so appointed by the members.

In the opinion of the Board, Ms. Madhuri Venkata Ramani Viswanadham fulfills the conditions specified under Section 149 (6) of the Act, the Companies (Appointment and Qualification of Directors) Rules, 2014 and Regulation 16(1)(b) of the Listing Regulations, for her appointment as Non-Executive Independent Director of the Company and is independent of the management.

Ms. Venkata Ramani Madhuri Viswanadham is a Chartered Accountant in practice, a graduate in Law and a diploma in business administration (Fin) with more than 21 years' experience in the areas of accountancy, finance, audits, corporate laws & taxation.

She is serving as an Independent director in Mold-Tek Packaging Ltd and Mold-Tek Technologies Ltd and is the Chairman of Audit Committee at Mold-Tek Technologies Ltd. She is a self-motivated resourceful leader with communication skills, integrity & independent thinking with varied exposure and acumen to understand business functions & corporate affairs and provide expertise in financial, accounting and taxation related matters, their disclosures and statutory compliances. Possess the ability to bring objectivity & independent view to the Board and contribute to improving corporate credibility & governance and play a vital role in company strategy, performance and risk management.

The Board is of the view that the association would benefit the Company as she also possesses appropriate skills, expertise and competencies in the context of the Company’s businesses. In the opinion of the Board and the Nomination and Remuneration Committee, the following are the core skills/expertise/competencies required for the Independent Director in the context of the Company’s business: Wide Management and Leadership Experience, Functional and Managerial experience, Diversity, Personal Values and Corporate Governance, among others.

Accordingly, the Board seeks member’s approval via Special Resolution for appointment of Ms. Venkata Ramani Madhuri Viswanadham as a Non-Executive Independent Director of the company.

Except Ms. Venkata Ramani Madhuri Viswanadham, being an appointee, none of the Directors and Key Managerial Personnel of the Company and their relatives is concerned or interested, financial or otherwise, in the resolution set out at Item No.3.

Details of Director seeking Appointment [Pursuant to Regulation 36(3) of the SEBI Listing Regulations and Secretarial Standard-2 on General Meetings]

Name of the Director	Mr. Venkataraman Subramanian	Ms. Krithika Jayaraman	Ms. Madhuri Venkata Ramani Viswanadham
DIN	00357727	08006421	08715322
Date of Birth	17/06/1948	27/11/1991	02/01/1972
Date of first appointment on the Board	Not Applicable	13.02.2024	13.02.2024
Qualifications	Mr. Venkataraman is a retired IAS officer and he occupied various important positions in the Government of West Bengal and the Government of India during his tenure.	She is a Young India Fellow and an engineer with research work at Harvard Medical School and MIT.	She is a Chartered Accountant in practice, a graduate in Law and a diploma in business administration (Fin)
Category	Non-Executive Independent Director	Non-Executive Non-Independent Director	Non-Executive Independent Director
Skills and capabilities required for the role and the manner in which the proposed person meets such requirements.	Refer Notice and Explanatory Statement	Refer Notice and Explanatory Statement	Refer Notice and Explanatory Statement
Terms and conditions of Appointment/Reappointment Along with Remuneration sought to be Paid.	Remuneration paid by way of Sitting Fees for attending the Board Meetings.	Remuneration paid by way of Sitting Fees for attending the Board Meetings.	Remuneration paid by way of Sitting Fees for attending the Board Meetings.
Details of Remuneration last drawn	Not Applicable	Not Applicable	Not Applicable
Directorships in other Listed Entities	1. Adani Enterprises Limited	Nil	1. Mold-Tek Packaging Limited

	2. Mount Everest Mineral Water Limited		2. Mold-Tek Technologies Limited
Membership/Chairmanship of Committees in other Listed Entities.	1. Aadani Enterprises Limited Member of Audit Committee (AC), Chairman of Nomination and Remuneration Committee (NRC), Member of Stakeholder Relationship Committee (SRC), Member of Corporate Social Responsibility Committee (CSR)	Nil	1.Mold-Tek Packaging Limited Member of Audit Committee (AC) Member of Corporate Social Responsibility Committee (CSR) 2. Mold-Tek Technologies Limited Member of Audit Committee(AC)
Listed Entities from which the Director has resigned from Directorship in the last 3 (Three) years.	TVS Holdings Limited	Nil	Mold-Tek Technologies Limited
No. of Board Meetings attended during the FY 2023-24 (up to the date of Postal Ballot notice)	Not Applicable	2	Not Applicable
Relationship with other Directors, Manager and other Key Managerial Personnel of the Company.	Not related to any Director/KMP	Not related to any Director/KMP	Not related to any Director/KMP
Number of shares held (including shareholding as a beneficial owner) in the Company as on the date of this postal ballot notice.	Nil	Nil	Nil
Brief Resume and expertise in specific functional area	Refer Notice and Explanatory Statement	Refer Notice and Explanatory Statement	Refer Notice and Explanatory Statement

Notes:

1. The Directorship, Committee Memberships and Chairmanships do not include positions in foreign companies, unlisted companies and private companies, position as an advisory board member and position in companies under Section 8 of the Companies Act, 2013.

NOTES:

1. The Explanatory Statement pursuant to Sections 102 and 110 of the Companies Act, 2013 stating all material facts and the reasons for the proposals is annexed herewith.

2. Members holding Equity Shares shall have one vote per share as shown against their holding. The Member need not use all his/ her/ its votes, nor does he/ she/ it need to cast all his/ her/ its votes in the same way.

3. Voting Rights shall be reckoned on the paid-up value of Shares registered in the name of the Beneficial Owners as on the close of business hours on Friday, March 08, 2024 (“Cut-off Date”). Only those Members whose names are recorded in the List of Beneficial Owners, as furnished by the National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”), as on the Cut-off Date will be entitled to cast their votes on the resolutions set forth in this Notice. A person who is not a Member of the Company on the Cut-off Date should treat this Notice for information purpose only.

4. Mr. Balaramakrishna Desina, Practicing Company Secretary (FCS 8168| CP 22414), has been appointed by the Board of Directors of the Company in their meeting dated 13.02.2024 as Scrutinizer for conducting the Postal Ballot process/ e-voting in accordance with the Act and in a fair and transparent manner.

5. In terms of the MCA Circulars, the Postal Ballot Notice is being sent in electronic mode only to all the Members whose names appear in the List of Beneficial Owners as furnished by the NSDL and CDSL as on the close of business hours on Friday, March 08, 2024 (“Cut-off Date”) and whose e-mail IDs are registered with the Company Depositories. Members, who have not registered their e-mail IDs, are requested to follow the instructions given at point no. 14.

6. In compliance with MCA circulars, the hard copy of this Postal Ballot Notice along with the Postal Ballot Forms and prepaid business envelope are not being sent to the Members for this Postal Ballot. Accordingly, the communication of the assent and dissent of the Members would take place through remote e-voting system only.

7. In compliance with the provisions of Sections 108 and 110 of the Act, read with Rules and MCA Circulars and Regulation 44 of the Listing Regulations, the Company is providing remote e-voting facility to the Members of the Company, to exercise their right to vote by electronic means on the Resolutions set forth in the Notice. The Company has engaged the services of CDSL to provide the remote e-voting facility. Instructions for the process to be followed for voting through electronic means are given at point no. 15.

8. The voting period begins from Sunday, March 17, 2024 at 09.00 A.M. (IST) to Monday, April 15, 2024, 5.00 P.M.(IST). During this period, shareholders of the company, holding shares either in physical form or in dematerialized form as on the cut-off date i.e. 08.03.2024 (including those members who may not receive this postal ballot notice due to non-registration of their email address) can cast their votes electronically, in respect of the resolution set out in the postal ballot notice only through the remote e-voting. Members are requested to follow the procedure as stated in the said notice for remote e-voting for casting their vote(s).

9. Voting rights in e-voting cannot be exercised by a proxy. However, corporate and institutional members shall be entitled to vote through their authorized representative with proof of their authorization.

10. The results of the Postal Ballot will be declared on or before Wednesday, April 17, 2024. The results of the Postal Ballot will be hosted on the website of the company viz. www.equippp.in and also will be communicated to the Stock Exchange where the equity shares of the company are listed. The results of the Postal Ballot will be declared by the Chairman, or in his absence by the Wholetime Director or Company Secretary, or any other person so authorized by the Chairman and it will display at the company's Registered Office. The resolutions will be taken as passed if the results of the Postal Ballots / e-voting indicate that the

votes cast by shareholders in favor of the proposal amounts to more than the number of votes cast by shareholders against the proposal.

1. The resolutions shall be deemed to have been passed on the last date specified by the Company for e-voting i.e. Monday, April 15, 2024, 5.00 P.M. (IST) and as if they have been passed at a General Meeting of the Members.

2. Shareholders who have registered their e-mail ID's with their Depository Participants/Company are being sent Notice of Postal ballot by e-mail and Shareholders who have not registered their e-mail id will request to please register their mail ids with the respective Depository Participants.

3. The Scrutinizer's decision on the validity of the Postal Ballot / e-voting will be final.

14. Process for those shareholders whose email ids are not registered with the depositories:

Members who have not registered their e-mail ids are requested to register/ update the same with their respective Depository Participant(s) with whom they are maintaining their demat account by following the procedure prescribed by the Depository Participant.

15. The Instructions for Members for Remote E-Voting are as Under: -

Step 1 : Access through Depositories CDSL/NSDL e-Voting system in case of individual shareholders holding shares in demat mode.

Step 2 : Access through CDSL e-Voting system in case of shareholders holding shares in physical mode and non-individual shareholders in demat mode.

The voting period begins on Sunday, March 17, 2024 (09:00 hours) and ends on Monday, April 15, 2024 (17: 00 hours) (IST). During this period shareholders of the Company, holding shares either in physical form or in dematerialized form, as on the cut-off date i.e. Friday, March 08, 2024 may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.

Pursuant to SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 09.12.2020, under Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, listed entities are required to provide remote e-voting facility to its shareholders, in respect of all shareholders’ resolutions. However, it has been observed that the participation by the public non-institutional shareholders/retail shareholders is at a negligible level.

Currently, there are multiple e-voting service providers (ESPs) providing e-voting facility to listed entities in India. This necessitates registration on various ESPs and maintenance of multiple user IDs and passwords by the shareholders.

In order to increase the efficiency of the voting process, pursuant to a public consultation, it has been decided to enable e-voting to all the demat account holders, by way of a single login credential, through their demat accounts/ websites of Depositories/ Depository Participants. Demat account holders would be able to cast their vote without having to register again with the ESPs, thereby, not only facilitating seamless authentication but also enhancing ease and convenience of participating in e-voting process.

Step 1 : Access through Depositories CDSL/NSDL e-Voting system in case of individual shareholders holding shares in demat mode.

In terms of SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants.

Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

Pursuant to above said SEBI Circular, Login method for e-Voting for Individual shareholders holding securities in Demat mode CDSL/NSDL is given below:

Type of shareholders	Login Method
Individual Shareholders holding securities in Demat mode with CDSL Depository	1) Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. Option will be made available to reach e-Voting page without any further authentication. The users to login to Easi / Easiest are requested to visit cdsl website www.cdslindia.com and click on login icon & New System Myeasi Tab. 2) After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the e-voting is in progress as per the information provided by the company. On clicking the e-voting option, the user will be able to see the e-Voting page of the e-Voting service provider for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. Additionally, there is also links provided to access the system of all e-Voting Service Providers, so that the user can visit the e-Voting service providers’ website directly. 3) If the user is not registered for Easi/Easiest, option to register is available at cdsl website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option.
	4) Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the e-voting is in progress and also be able to directly access the system of all e-Voting Service Providers.

	Individual	Shareholders		1)	If you are already registered for NSDL IDeAS facility, please
	holding	securities	in		visit the e-Services website of NSDL. Open a web browser by
	demat mode with		NSDL		typing the following URL: https://eservices.nsdl.com either
	Depository				on a Personal Computer or on a mobile. Once the home page
					of e-Services is launched, click on the “Beneficial Owner”
					icon under “Login” which is available under ‘IDeAS’ section. A
					new screen will open. You will have to enter your User ID and
					Password. After successful authentication, you will be able to
					see e-Voting services. Click on “Access to e-Voting” under
					e-Voting services and you will be able to see the e-Voting
					page. Click on company name or e-Voting service provider
					name and you will be re-directed to e-Voting service provider
					website for casting your vote during the remote e-Voting
					period.
				2)	If the user is not registered for IDeAS e-Services, option to
					register is available at https://eservices.nsdl.com. Select
					“Register Online for IDeAS“ Portal or click at
					https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
				3)	Visit the e-Voting website of NSDL. Open a web browser by
					typing the following URL: https://www.evoting.nsdl.com/
					either on a Personal Computer or on a mobile. Once the
					home page of e-Voting system is launched, click on the icon
					“Login” which is available under ‘Shareholder/Member’
					section. A new screen will open. You will have to enter your
					User ID (i.e. your sixteen digit demat account number held
					with NSDL), Password/OTP and a Verification Code as shown
					on the screen. After successful authentication, you will be
					redirected to the NSDL Depository site wherein you can see
					the e-Voting page. Click on company name or e-Voting
					service provider name and you will be redirected to e-Voting
					service provider website for casting your vote during the
					remote e-Voting period.
	Individual	Shareholders		You can also login using the login credentials of your demat account
	(holding	securities	in	through your Depository Participant registered with NSDL/CDSL for
	demat mode) login			e-Voting facility. After Successful login, you will be able to see
				e-Voting option. Once you click on the e-Voting option, you will be

through theirDepository Participants (DP)	redirected to the NSDL/CDSL Depository site after successful authentication, wherein you can see the e-Voting feature. Click on company name or e-Voting service provider name and you will be redirected to e-Voting service provider website for casting your vote during the remote e-Voting period.

Important note : Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. CDSL and NSDL

Login type	Helpdesk details
Individual Shareholders holding securities in Demat mode withCDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.com or contact at toll free no. 1800 22 55 33
Individual Shareholders holding securities in Demat mode withNSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.co.in or call at toll free no.: 1800 1020 990 and 1800 22 44 30

Step 2 : Access through CDSL e-Voting system in case of shareholders holding shares in physical mode and non-individual shareholders in demat mode.

Login method for Remote e-Voting for Physical shareholders and shareholders other than individual holding in Demat form.

• 1) The shareholders should log on to the e-voting website www.evotingindia.com.

• 2) Click on “Shareholders” module.

• 3) Now enter your User ID

For CDSL: 16 digits beneficiary ID,

For NSDL: 8 Character DP ID followed by 8 Digits Client ID,

Shareholders holding shares in Physical Form should enter Folio Number registered with the Company.

• 4) Next enter the Image Verification as displayed and Click on Login.

• 5) If you are holding shares in demat form and had logged on to www.evotingindia.com and voted on an earlier e-voting of any company, then your existing password is to be used.

6) If you are a first-time user follow the steps given below:

	For Physical shareholders and other than individual shareholders holding shares in Demat.
PAN	Enter your 10 digit alpha-numeric *PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) ● Shareholders who have not updated their PAN with the Company/Depository Participant are requested to use the sequence number sent by Company/RTA or contact Company/RTA.
Dividend Bank Details ORDate of Birth (DOB)	Enter the Dividend Bank Details or Date of Birth (in dd/mm/yyyy format) as recorded in your demat account or in the company records in order to login. ● If both the details are not recorded with the depository or company, please enter the member id / folio number in the Dividend Bank details field.

• a) After entering these details appropriately, click on “SUBMIT” tab.

• b) Shareholders holding shares in physical form will then directly reach the Company selection screen. However, shareholders holding shares in demat form will now reach ‘Password Creation’ menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for resolutions of any other company on which they are eligible to vote, provided that company opts for e-voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.

• c) For shareholders holding shares in physical form, the details can be used only for e-voting on the resolutions contained in this Notice.

• d) Click on the EVSN for the relevant on which you choose to vote.

• e) On the voting page, you will see “RESOLUTION DESCRIPTION” and against the same the option “YES/NO” for voting. Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option NO implies that you dissent to the Resolution.

• f) Click on the “RESOLUTIONS FILE LINK” if you wish to view the entire Resolution details.

• g) After selecting the resolution, you have decided to vote on, click on “SUBMIT”. A confirmation box will be displayed. If you wish to confirm your vote, click on “OK”, else to change your vote, click on “CANCEL” and accordingly modify your vote.

• h) Once you “CONFIRM” your vote on the resolution, you will not be allowed to modify your vote.

• i) You can also take a print of the votes cast by clicking on “Click here to print” option on the Voting page.

• j) If a demat account holder has forgotten the login password then Enter the User ID and the image verification code and click on Forgot Password & enter the details as prompted by the system.

• k) There is also an optional provision to upload BR/POA if any, uploaded, which will be made available to the scrutinizer for verification.

• l) Additional Facility for Non – Individual Shareholders and Custodians –For Remote Voting only.

Non-Individual shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodians are required to log on to www.evotingindia.com and register themselves in the “Corporates” module.

A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to helpdesk.evoting@cdslindia.com.

After receiving the login details a Compliance User should be created using the admin login and password. The Compliance User would be able to link the account(s) for which they wish to vote on.

The list of accounts linked in the login will be mapped automatically & can be delink in case of any wrong mapping.

It is Mandatory that a scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.

Alternatively Non Individual shareholders are required mandatory to send the relevant Board Resolution/ Authority letter etc. together with attested specimen signature of the duly authorized signatory who are authorized to vote, to the Scrutinizer at pcsbalaram@gmail.com and to the Company at the email address viz; cs@equippp.com , if they have voted from individual tab & not uploaded same in the CDSL e-voting system for the scrutinizer to verify the same.

Process for those Shareholders whose Email/Mobile No. are not registered with the Company/Depositories.

1. For Physical shareholders- please provide necessary details like Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) by email to Company/RTA email id i.e. advisors@cilsecurities.com .

2. For Demat shareholders - Please update your email id & mobile no. with your respective Depository Participant (DP)

3. For Individual Demat shareholders – Please update your email id & mobile no. with your respective Depository Participant (DP) which is mandatory while e-Voting & joining virtual meetings through Depository.

If you have any queries or issues regarding e-Voting from the CDSL e-Voting System, you can write an email to helpdesk.evoting@cdslindia.com or contact at toll free no. 1800 22 55 33

All grievances connected with the facility for voting by electronic means may be addressed to Mr. Rakesh Dalvi, Sr. Manager, (CDSL, ) Central Depository Services (India) Limited, A Wing, 25th Floor, Marathon Futurex, Mafatlal Mill Compounds, N M Joshi Marg, Lower Parel (East), Mumbai - 400013 or send an email to helpdesk.evoting@cdslindia.com or call at toll free no. 1800 22 55 33.

By Order of the Board For Equippp Social Impact Technologies Limited

Sd/Prashal Pandey Company Secretary & Compliance Officer M.No. A61549

Place: Hyderabad Date: 13.02.2024