Everest Industries Ltd. — AGM Information 2019

Jul 25, 2019

Ref. : H/ NSE/BSE/37 /2019 Date : 25*1'Iuly, 2019

National of India Limited Stock Exchange	BSE Limited
Exchange Plaza	Towers Phiroze Jeejeebhoy
Plot No. C/ 1, G Block	Mumbai Dalal Street, 400 001 —
Bandra — Kurla Complex	Tel: 8058 Extn — 2272 1233/ 8013
Mumbai Bandra (E), 400 051 —	Fax No. : 2272 2037/2039/2041/ 2061
Tel: 2659 8452
Fax No.: 2659 8237-38

Dear Sir/Madam,

Sub.: Proceedings of 86TH Annual General Meeting ("AGM")

This is to inform you that the 86th Annual General Meeting ("AGM") of the Company was held on Wednesday, 24th July, ²⁰¹⁹ at 12:30 pm. at GAT 152, Lal<hmapur, Taluka Dindori, Nashil< — 422202 (Maharashtra).

Please find enclosed herewith proceedings of AGM pursuant to regulation ³⁰ of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

You arerequested to kindly take same on your records.

Thanking You

Yours faithfully, For EVEREST INDUSTRIES LIMITED

NEERA} KOHLI COMPANY SECRETARY & HEAD LEGAL

Encl.: As above

Everest Industries Limited Everest Technopolis D-206 Sector-63 Noida ~ 201301 Uttar Pradesh Tel +(91) -I20-4791800 India Helpline 1800 ⁴¹ 91 991 info@everestind.com www.everestindlcom

Regd. Office GAT No. ¹⁵² Lakhmapur Tuluka Dindori Nashik 422 202 Maharashtra Tel +91 2557 250375/462 Fax +91 2557 250376

CorporaIe Identity Number : L74999MHI934PLC002093

PROCEEDINGS OF THE 86TH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON 24TH IULY, 2019

The 86th Annual General Meeting ("AGM" or "Meeting") of the shareholders of the Company was held on Wednesday, 24th July, ²⁰¹⁹ at 12.30 pm. at the registered office of the Company at GAT 152, Lakhmapur, Taluka Dindori, Nashik — 422 202 (Maharashtra).

Mr M L Gupta, Independent Director, and vice chairman of the Company, was elected by the members of the Board of Directors, as the Chairman, to conduct the proceedings of the AGM. Accordingly, Mr M L Gupta chaired the AGM. The requisite quorum being present, the Chairman called the Meeting to order.

Thereafter, the Chairman delivered his Speech. The Chairman took the permission of the shareholders to take the Notice of the Meeting as read.

Thereafter, the Chairman read the following agenda items, on which voting through ballot paper was to be done, as set out in the Notice dated 1St May, ²⁰¹⁹ convening the AGM except item No. ⁵ which was read by Mr ^B L Taparia as Mr Gupta was interested in such item:

ORDINARY BUSINESS ,		TYPE OF
		RESOLUTION
1	Standalone Financial Statements of of Audited the the Adoption	Resolution Ordinary
	Company together with of the Board of Directors and the Reports
	the Auditors and Audited Financial Statements of Consolidated the
	Company together with thereon for of the Auditors the the Report
	Financial Year ended 31st March, 2019,
2.	for dividend of of the Declaration share Rs. 7.50/— per equity	Resolution Ordinary
	Financial Year 2018—19.
3.	Mr of 00088527), who retires by Manish Sanghi (DIN Appointment	Resolution Ordinary
	for AGM eligible, has offered himself rotation at this re and being
	appointment.
	SPECIAL BUSINESS
4.	Fixation of Mr Manish Sanghi, Managing Director Remuneration of	Special Resolution
	of the Company.
	Mr M L Re—appointment of Director. Gupta as an Independent	Special Resolution
	Mr Chitale Director and an of a as as Appointment Rajendra	Resolution Ordinary
	Independent Director of the Company.
7.	of Mr Director Nanda and an Alol< as a as Appointment	Resolution Ordinary
	Independent Director of the Company '
8.	for Cost Auditors Ratification of Remuneration of of the Company	Resolution Ordinary
	Blst the financial March, 2020. year ending
9.	for further of for the Board issue equity Approval authorizing	Special Resolution
	under shares to employees Employees Stock Option Scheme -2019.	7

The Chairman invited the shareholders to express views/ seek clarification/ ask questions, if any, on the items of business, as per the notice of AGM.

Thereafter, the shareholders were informed that electronic voting ("e-voting") facility was provided through CDSL e—voting platform to enable shareholders to cast their votes electronically, on all resolutions set forth in the notice of AGM. The voting facility through ballot paper was provided at the venue of the AGM to those shareholders who had not cast their vote earlier by using remote e—voting facility.

Mr. Tanuj Vohra, Partner, TVA (it Co. LLP, Company Secretaries, Fellow Member of Institute of Company Secretaries of India, was appointed by the Board of Directors to act as scrutinizer to scrutinise the voting process in ^a fair and transparent manner. The Chairman asked Mr. Tanuj Vohra, the Scrutinizer to supervise the voting.

The above resolutions were available for voting through ballot papers by those shareholders who had not cast their vote(s) earlier electronically through remote e—voting platform. Shareholders cast their votes on the resolutions by putting ballot papers in the Ballot Box.

The Chairman requested the Scrutinizer to submit his report on remote e—voting and voting by ballot papers not later than'July 26, 2019.

The Meeting thereafter concluded with ^a vo'temof'tharms to the Chair.

_ )xC'

Neeraj Kohli Company Secretary & I-lead Legal