EYANTRA VENTURES LIMITED — AGM Information 2021

Aug 12, 2021

PUNIT COMMERCIALS LIMITED

Diamond Manufacturers, Importers & Exporters

NOTICE

NOTICEis hereby given that the Thirty — Sixth Annual General Meeting of the members of PUNIT COMMERCIALSLIMITEDwill be held on Saturday, 11'° September, ²⁰²¹ at 03.00 p.m. at the registered office of the Companysituated at AW 2022, 'A* Tower, 2™ Floor, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (E), Mumbai — 400 051 to transact the following business:

ORDINARY BUSINESS:

• 1. To consider and adopt the Audited Annual Financial Statements of the Company for the financial year ended 31% March, 2021 and the Reports of the Board of Directors and the Auditors thereon.
• N To appoint ^a Director in place of Mrs. Purnima Mehta (DIN No: 00518991), whoretires by rotation and being eligible, offers herself for re-appointment.
• We Re-Appointment ofStatutory Auditors.

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

"RESOLVED THATpursuant to the provisions of Sections 139, ¹⁴² and other applicable provisions, if any, of the Companies Act, 2013 (the Act) and the Companies (Audit and Auditors) Rules, 2014, (the Rules), (including any statutory modification(s) or reenactment(s) thereof for the time being in force). M/s. Diwan Gosalia & Associates. Chartered Accountants, Mumbai having ICAI Firm Registration No. 111881W. who have offered themselves for re-appointment and have confirmedtheir eligibility to be appointed as Auditors, in terms of provisions of Section 141 of the Act, and Rule 4 of the Rules, be and are hereby re-appointed as Statutory Auditors of the Company at a remuneration of Rs. 30,000 plus applicable taxes and re-imbursement of out of pocket expenses incurred by themin connection with the audit of accounts of the Company and shall hold office from the conclusion of 36'° Annual General Meeting until the conclusion of the 37" Annual General Meeting of the Company."

NOTES:

• 1. The relative Explanatory Statement, pursuant to Section 102 of the Companies Act, 2013. relating to ordinary business to be transacted for re-appointment of Statutory Auditor at the Annual General Meeting (the AGM or Meeting) is annexed hereto.
• 1. In terms of provisions of Section 105 of the Companies Act, 2013, a memberentitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote instead of himself / herself and such proxy need not be a Member of the Company. The instrument appointing a proxy, in order to be effective, should be deposited at the Registered Office of the Company not less than forty-eight hours before the commencement of the Annual General Meeting i.e. by 03.00 p.m. on Thursday, 10"

Registered Office : AW 2022,'A' Tower, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (E), Mumbai-400 051. Tel.: +91 22 4210 6999 ® Fax : +91 22 4002 1401" QBC : 2362 9182

Web : www.punitcommercials.com # email: sakshime@punitcommercials.com / punitcommercials903@rediffmail.com CIN No. L51900MH1984PLC034880

September, 2021. As per Secretarial Standard 2 on General Meeting, the proxy should carry a valid photo-id card to the venue to tender vote.

• A person can act as ^a proxy on behalf of Members not exceeding fifty in number and holding in the aggregate not more than ten percentofthe total share capital of the Company carrying voting rights. A member holding more than ten percent of the total share capital of the Company carrying voting rights may appoint a single person as a proxy and such personshall not act as proxyfor any other person or shareholder.
• Corporate Members intending to send their authorized representatives to attend the Meeting pursuant to Section 113 of the Companies Act, 2013 are requested to send to the Company, a certified copy of the relevant Board Resolution together with their respective specimen signatures.authorizing their representative(s) to attend and vote on their behalf at the Meeting.
• Ww Membersare requested to bring their attendance slips duly completed and signed mentioning therein details of their DP ID and Client ID/ Folio No.
• In case of joint holders attending the Meeting, only such joint holder who is higher in the order of nameswill be entitled to vote at the Meeting.
• Relevant documents referred to in the accompanying Notice and in the Explanatory Statements are open for inspection by the Members at the Company's Registered Office on all working days of the Company, during business hours up to the date of the Meeting.
• Pursuant to the provisions of Section 91 of the Act, the Register of Members and Share Transfer Books of the Company shall remain closed on all days from Saturday, 04" September, 2021 to Saturday, 11" September, 2021, both days inclusive.
• The Register of Directors' and Key Managerial Personnel and their Shareholding maintained under Section 170 and Register of Contracts or Arrangements in which Directors are interested under Section 189 of the Companies Act, 2013 are open for inspection at the Registered Office of the Company during the business hours on all working days, between 11.00 a.m. and 1.00 p.m. upto the date of the Annual General Meeting and will be open for inspection during the Annual General Meeting also.
• 10, The Securities and Exchange Board of India (SEBI) has mandated the submission of Permanent Account Number (PAN)by every participant in the securities market. Members holding shares in electronic form are, therefore, requested to submit their PAN to the Depository Participants with whom they maintain their demat accounts. Members holding shares in physical form should submit their PAN to the Company's Registrar and Share Transfer Agent, M/s. Link Intime India Private Limited.
• . As per Regulation 40 of the SEBI (LODR) Regulations, 2015, as amended, securities of listed companies can only be transferred in demat form with effect from 01* April, 2019, except in case of request for transmission or transposition ofsecurities. In view ofthis and to eliminate all risks associated with physical shares and for ease of portfolio management, Members holding shares in physical form are requested to consider converting their holding to demat form. Members can contact the Companyorits Registrar and Share Transfer Agent.
• 1. Members desiring any relevant information on the Accounts at the Annual General Meetings

are requested to write to the Companyat least seven days in advance, so as to enable the company to keep the information ready. Members can also email their queries at the email address of the Company Secretary and Compliance Officer at cs.shikhajain@gmail.com or to the Chief Financial Officer of the Companyat fatimacliff@rediffmail.com.

• 1. Members holding shares in electronic form are requested to intimate immediately, any change in their address or bank mandates to their Depository Participant(s) with whom they are maintaining their demat accounts. Members holding shares in physical form are requested to advise any change in their address or bank mandates immediately to the Companyorits Registrar and Share Transfer Agent.
• 1. Members holding shares in physical form and desirous of making a nomination in respect of their shareholding in the Company, as permitted under Section 72 of the Act, are requested to submit details to the Registrar and Transfer Agents of the Company, in the prescribed Form SH — ¹³ for this purpose.
• . Members who have not registered their e-mail addresses so far are requestedto register their e-mail addresses with the Company's Registrar and Transfer Agents for receiving communication from the Companyin electronic form. Members of the Company, who have registered their e-mail ID, are entitled to receive such communications in physical form upon request.
• 1. In view of Covid 19 pandemic, the Ministry of Corporate Affairs vide its circular no. 17 / 2020 dated 13" April, 2020 and circular no. 20 / 2020 dated 5" May, 2020 and SEBI videits circular bearing reference no. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated 12" May, 2020 has dispensed with the requirement of sending hard copy of full annual report to the shareholders. Accordingly, the Notice of AGM, Annual Report and AttendanceSlip are being sent in electronic mode to Members whosee-mail IDs are registered with the Companyor the Depository Participant(s). Members who have not registered their email address with the Companyor the Depository Participant(s) are requested to download the copy ofthe Annual Report from the website of the Company i.e. www.punitcommercials.com or from the website of BSE Limited i.e. www.bseindia.ccom or write to the Company at cs.shikhajain@gmail.com or fatimacliff@rediffmail.com. Members who have received the Notice of AGM, Annual Report and Attendance Slip in electronic mode are requested to print the Attendance Slip and submit a duly filled in Attendance Slip at the registration counter to attend the AGM.
• . Members may please note that SEB] has made PANasthe sole identification number forall participants transacting in the securities market, irrespective of the amount of such transactions. Members may please note that SEB! has also made it mandatory for submission of PAN in the following cases, viz. (i) Deletion of name of the deceased shareholder(s), (ii) Transmission of shares to the legal heir(s) and (iii) Transposition of shares.
• 1. Information required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard ² on General Meeting relating to Documents & Information to Shareholders with respect to the Directorretiring by rotation and being eligible, seeking reappointmentare as under:

Name
Number (DIN) Director Identification of Date Birth	Mehta Purnima Mrs. 00518991 10/10/1946
Nationality Appointment Date of	Indian 29/09/1997
Qualifications Commercials Shareholding Punit in	B.Com 53,850 Shares
Limited Expertise functional areas in specific	in Diamond Trading
with Relationships other Director / Key Managerial Personnel	MotherofMr. Mehta Nirav
Number of of meetings board the during year attended the financial	4
(2020-21) Limited Directorships in other Public Companies	Nil
Memberships Committees of in other Companies Limited Public (includes	Nil
& only Audit Shareholders / Committee) Grievances Investors
Summary of Performance Evaluation	As by Board per devised the polices the for Non-Executive and evaluating Director after
	of considering the the participation said director committee and board meeting, her at the role in
	Company, managing with fellow the relationship members management, and board senior knowledge and and on based personal skill,
	has received director a positive attributes the said by Board. evaluation the

1. Route Map showing directions to reach to the venue ofthe 36" AGM is given at the end of this Notice as per the requirementofthe Secretarial Standards ² on General Meetings.

INSTRUCTIONS FOR MEMBERS OPTING FOR REMOTE E-VOTING

INTRUCTIONS TO SHAREHOLDERS FOR REMOTE E-VOTING ARE AS UNDER:

• i) The voting period begins on Wednesday, 08" September, 2021 at 09.00 a.m. and ends on Friday, 10" September, 2021 at 05.00 p.m. During this period shareholders' of the Company, holding shares either in physical form or in dematerialized form, as on the cutoff date (record date) of Saturday, 04September, 2021 may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.
• ii) Shareholders who have already voted prior to the meeting date would not be entitled to vote at the meeting venue.
• iii) 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

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. shareholders

	remote of to provide e-voting facility to its shareholders, in respect all shareholders' However, by been it has observed non public resolutions. that the participation the shareholdersis negligible institutional shareholders/retail at a level.
of	(ESPs) providing Currently, are multiple e-voting providers e-voting there service facility ESPs registration on and maintenance to listed entities in India. This various necessitates by IDs and multiple passwords user the shareholders.
In order it has single having process.	of pursuant to increase voting to a public the efficiency the process, consultation, way demat account by been of a decided to enable to all the e-voting holders, demat through accounts/ websites of Depositories/ login credential, their Demat would Depository account without Participants. holders be their vote able to cast ESPs, with only seamless again not the thereby, to register facilitating enhancing and convenience of participating ease in e-voting authentication but also
In terms iv) 9, 2020 holding update Voting	SEBI SEBI/HO/CFD/CMD/CIR/P/2020/242 December of dated circular no. on Companies, by e-Voting facility provided shareholders Listed Individual mode their demat in demat allowed through account vote are securities to and maintained with Depositories Depository Participants. Shareholders advised are to number Id in their demat and their mobile email accounts in order to access e facility.
Pursuant	SEBI method Login e-Voting aforesaid applicable for Circular, for to modeis in Demat shareholders holding below: Individual given securities
Type of	Method Login
Individual Shareholders holding securities in mode Demat CDSL with	who for CDSL's have Users facility, can through opted Easi / Easiest login their 9) made id and Option e-Voting password. will be user available to reach existing URLs The page any without authentication. users to Easi further for to login / www.cdslindia.com https://web.cdslindia.com/myeasi/home/login or Easiest are select New and on System Login and Myeasi. icon click
	Menu. e-Voting After will be successful the Easi / Easiest user able to see login the 2) On menu, along will be holdings clicking the e-voting the user able to see his/her NSDL / KARVY/ i.e. CDSL/ links of e-Voting with provider service the respective asper LINK we / Company. INTIME by provided information Additionally, Issuer e-Voting can providing Service so Providers, user are links to that the visit the e Voting service providers' site directly.
	user is not option If the registered Easi/Easiest, to register is available for at 3) https://web.cdslindia.com/myeasi./Registration/ EasiRegistration
	Demat page by can e-Voting providing user directly access Alternatively, the 4) PAN from Number home The Account and link in www.cdslindia.com a No. page. & OTP Mobile system by on Email sending will authenticate user the registered as Demat Account. recorded be After successful authentication, user in the will ESP where provided e-Voting during is in progress or the respective the links for AGM. before the

Individual Shareholders holding securities in mode demat NSDL with	1)	If you already are NSDL. of website https://eservices.nsdl.com home page of e-Services "Login" which is available will have your to enter will be able to see you and will be services Voting provider service provider website for	for NSDL IDeAS facility, please e-Services registered visit the Open web URL: browser by typing following the Computer Once on on Personal mobile. a or a the either Owner" on under is launched, "Beneficial icon click the A You new 'IDeAS' under will open. screen section. you User ID and Password. After successful authentication, on "Access e-Voting to e-Voting" under e-Voting Click services. nameore company on e-Voting Click able to see page. name you and will be to e-Voting re-directed service your remote e-Voting during vote the casting period.
		user is not If the registered https://eservices.nsdl.com. https://eservices.nsdl.com/Secure	for IDeAS option e-Services, is available to register at [DeAS Online "Register or Select "Portal for click at Web/IdeasDirectReg.jsp
	3)	e-Voting the Visit URL: https://www.evoting.nsdl.com/ home Once page the which under is available You will have to enter NSDL), hold with After successful you wherein can see name you and provider your during casting vote	NSDL. web Open of browser by website typing following the Computer on either on Personal a mobile. a or of on "Login" e-Voting system is launched, the icon click A new *Shareholder/Member' will open. screen section. number digit demat ID (i.e. your your User account sixteen Code shown Password/OTP and on a Verification as the screen. to NSDL you Depository will be authentication, redirected site company name on e-Voting e-Voting Click page. or service will be to e-Voting website provider redirected service for remote e-Voting the period.
Individual Shareholders (holding securities in mode) demat through login their Depository Participants		You can using also login Depository Participant login, you successful you Voting option, successful authentication, name e-Voting or service website service provider's	demat of your your account through the login credentials NSDL/CDSL for e-Voting with After registered facility. Once you on will be e-Voting able to see option. click e NSDL/CDSL be Depository redirected to will site after company you wherein e-Voting on can feature. Click see name and you will be to e-Voting provider redirected your remote e-Voting during for casting vote the period.
Important User Forget	note: ID	who Members are and Password Forget	Password to retrieve User advised unable ID/ to use are at abovementioned option available website.
Helpdesk related issues	for	Shareholders Individual through Depository login to	mode in demat any holding for technical securities i.e. CDSL NSDL and

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			Helpdeskdetails
Individual securities in Demat	Shareholders mode with	holding CDSL	Members CDSL 23058738	any facing helpdesk helpdesk.evoting@cdslindia.ccomor and 22-23058542-43.	technical by	issue sending	in login a contact	can request at	contact at 022-

	Login	type	Helpdeskdetails
		Shareholders holding Individual NSDL mode securities in Demat with	Members any can facing technical contact issue in login NSDL by helpdesk sending a request at 990 call at toll free no.: 1800 1020 evoting@nsdl.co.in or and 44 30 1800 22
V)		method Login for e-Voting for shareholders holding shares	& shareholders than shareholders other individual form. in physical
	a)	The on shareholders should log	www.evotingindia.com. website e-voting to the
	b)	on Click Shareholders.
	c)	Nowenter your User ID: CDSL: For 16 digits beneficiary a.	ID,
		DP NSDL: ID For Character 8 b. Members holding shares c. Company. the	ID by followed 8 Digits Client Number Form should with in Physical Folio enter registered
	d)	Image Next enter the Verification	on and as displayed Click Login.
	e)	If you in demat holding shares are on any of voted an earlier voting	form and had on to www.evotingindia.com and logged passwordis company, your to be then existing used.
		If you first time follow user are a	given below: the steps

• a) The shareholders should log on to the e-voting website www.evotingindia.com.
• b) Click on Shareholders.

• c) Nowenter your User ID:

• a. For CDSL: 16 digits beneficiary ID,

• b. For NSDL: ⁸ Character DP ID followed by ⁸ Digits Client ID
• c. Members holding shares in Physical Form should enter Folio Number registered with the Company.
• d) Next enter the Image Verification as displayed and Click on Login.
• e) If you are holding shares in demat form and had logged on to www.evotingindia.com and voted on an earlier voting of any company, then your existing passwordis to be used.

	type Shareholders Individual	holding	Helpdeskdetails Members any can contact facing technical issue in login
NSDL mode securities in Demat with			NSDL helpdesk by sending a request at 990 call at toll free no.: 1800 1020 evoting@nsdl.co.in or 44 30 and 1800 22
	method Login shareholders	for e-Voting for holding shares	& shareholders than shareholders other individual form. in physical
a)	The shareholders	on should log	www.evotingindia.com. website e-voting to the
b)	on Click	Shareholders.
c)	Nowenter your	User ID:
	CDSL: For a. NSDL: For b. Members c. Company. the	16 digits beneficiary DP ID Character 8 holding shares	ID, ID by followed 8 Digits Client Number Form should in Physical Folio with enter registered
d)	Next enter the	Image Verification	on and as displayed Click Login.
e)	If you holding are on voted an	in demat shares of any earlier voting	form and to www.evotingindia.com and had on logged passwordis company, your to be then existing used.
	If you are a	first time follow user	given below: the steps
	PAN	For Shareholders individual form physical your Enter Department physical shareholders). Members e Company/Depository sequence Company/RTA.	Form Demat shares other than holding in and shareholders shareholders holding shares in PAN Tax Income alpha-numeric by issued 10-digit demat (Applicable both shareholders as well as for PAN who have updated with not the their requested use Participant are the to Company/RTA number by or contact sent
	Bank Dividend Details	Dividend Enter the format) as recorded in orderto	(in dd/mm/yyyy Bank Date of Details or Birth or company demat in your records account in the
	OR Date of Birth (DOB)	recorded with depository not the or are details member number please enter the the id / folio in mentionedin Bankdetails field as instruction
		Dividend	(v).

• g) After entering these details appropriately, click on "SUBMIT"tab.
• h) Shareholders holding shares in physical form will then directly reach the Company selection screen. However, Members 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 CDSLplatform. It is strongly recommended not to share your password with anyother person and take utmost care to keep your password confidential.

• For Shareholders holding shares in physical form, the details can be used only for evoting on the resolutions contained in this Notice.
• J) Click on the EVSN for the *PUNIT COMMERCIALS LIMITED"on which you chooseto vote.
• k) 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.
• Click on the "RESOLUTIONS FILE LINK" if you wish to view the entire Resolution details.
• m) 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.
• Once you "CONFIRM"your vote on the resolution, you will not be allowed to modify your vote.
• Youcan also take out print of the votes cast by clicking on "Click here to print" option on the Voting page.
• P) If 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.

vi) Facility for Non — Individual Shareholders and Custodians -Remote E-Voting

• Non-Individual Shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodian are required to log on to www.evotingindia.com and register themselves in the 'Corporate' module.
• A scanned copy ofthe 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 should be emailed to helpdesk.evoting@cdslindia.com and on approval of the accounts they would be able to cast their vote.

• A scanned copy of the Board Resolution under Section ¹¹³ of the Companies Act, 2013 and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF formatin the system for the scrutinizer to verify the same.

• Alternatively Non Individual shareholders are required to send the relevant Board Resolution under Section 113 of the Companies Act, 2013 / Authorityletter etc. together with attested specimen signature of the duly authorized signatory who are authorized to vote, to the Scrutinizer at shahpradipes@gmail.com and to the Company at the email address viz; cs.shikhajain@gmail.com or fatimacliff@rediffmail.com (designated email address by company), if they have voted from individual tab & not uploaded samein the CDSL e-voting system for the scrutinizer to verify the same.

PROCESS FOR MEMBERS WHOSE EMAIL ADDRESSES ARE NOT REGISTERED WITH THE DEPOSITORIES FOR OBTAINING LOGIN CREDENTIALSFORE-VOTING FOR THE RESOLUTIONS PROPOSEDIN THIS NOTICE:

• l. 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 emailid.
• . For Demat shareholders please provide Demat account details (CDSL-16 digit beneficiary ID or NSDL-16 digit DPID + CLID), Name, client master or copy of Consolidated Account statement, PAN (self-attested scanned copy of PAN card), AADHAR(self-attested scanned copy of Aadhar Card) to Company/RTA email id.

If you have any queries or issues regarding attending AGM & e-Voting from the CDSL, you can write an email to helpdesk.evoting@cdslindia.com or contact at 022- 23058738 and 022- 23058542/43

All grievances connected with the facility for voting by electronic means may be addressed to Mr. Rakesh Dalvi, Manager, (CDSL, ) Central Depository Services (India) Limited, A Wing, 25" 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 on 022- 23058542/43.

Other Instructions:

• l. Once the vote on the resolution is cast, the Member shall not be allowed to change it subsequently.
• 1. The voting rights of Membersshall be in proportion to the shares held by them on the Paid-Up Equity Share Capital of the Companyas on Saturday, 04'" September, ²⁰²¹ and as per the Register of Members of the Company.
• 1. The Board of Directors has appointed Mr. Pradip Shah, Partner, failing him, Mr. Punit Shah, Partner of M/s P. P. Shah & Co., Practicing Company Secretaries as ^a Scrutinizer to scrutinize the voting process in a fair and transparent manner.

• The Scrutinizer shall, after the conclusion of e-Voting at the AGM,first download the votes cast at the AGM and then unblock the votes cast through remote e-Voting andshall make, ^a consolidated Scrutinizer's Report. The results of the €-Voting will be declared by the Chairman or ^a Person authorized by him in writing within ⁴⁸ hours from the conclusion of

numberof votes in favor of the Resolutions. The results declared along with the Scrutinizer's Report will be placed on the Website of the CDSLat www -votingindia.com within ⁴⁸ hours from the conclusion of the AGM and the same shall also be simultaneously communicated to BSE Limited, Where the Equity Shares of the Companyare listed and shall be displayedat the Registered Office of the Company.

By orderofthe Board For Punit Commercials Limited flr Hed

iray Mehta ManagingDirector DIN: 00518614

Place: Mumbai Date: 28" June, 2021

ANNEXURE TO THE NOTICE EXPLANATORY STATEMENT PURSUANT TO SECTION ¹⁰² OF THE COMPANIESACT,2013

Item No. ³ — Re-Appointment of M/s. Diwan Gosalia & Associates, Chartered Accountants as a Statutory Auditor:

M/s. Diwan Gosalia & Associates, Chartered Accountants, Statutory Auditors of the Company were appointed at the 35" AGM held on 31% October, ²⁰²⁰ for the financial year ²⁰²⁰ — 21. The said term of Statutory Auditors will expire on the conclusion of 36" AGM. It is proposed to reappoint them for a further period of ^| year and accordingly, they shall hold the office from the conclusion of 36" AGM till the conclusion of 37"* AGM.

	ANNEXURE EXPLANATORY	TO THE NOTICE STATEMENT
Item as a	TO PURSUANT SECTION — Re-Appointment No. of M/s. 3 Auditor: Statutory	COMPANIESACT,2013 THE OF 102 & Diwan Chartered Accountants Gosalia Associates,
M/s. were said term appoint conclusion Pursuant of the	& Diwan Gosalia Chartered Associates, AGM 35" on appointed held at the of Auditors will expire Statutory them of period year for a further AGM 36" of conclusion till the SEBI (5) of 36 to Regulation the 2015, Regulations, disclosures required the explanatory statement to the notice	Company of Accountants, Auditors Statutory the — The 2020 2020 31% October, year the 21. for financial AGM. It 36" on of is proposed conclusion the to re and from they shall hold accordingly, the office the 37"* AGM. of and Requirements) Obligations Disclosure (Listing of for appointment / re-appointment Auditor a as part given below: are
—	Particulars	Disclosure
1.	Name of Firm of Auditors	& Diwan (FRN: Gosalia Associates M/s. 111881W)
2. 3.	Nameof Auditors which year Financial for	Diwan (Membership Mr. No. 35079) Hitesh —22 2021
4.	appointmentis proposed Proposed Fees payable	30,000 and plus applicable taxes Rs. re imbursement of of expenses pocket out incurred them by of in connection accounts with the audit
5.	Terms of appointment	Company. of the The will conduct Auditors Statutory statutory — 2021 year audit for the financial 22.
6.	new of any case auditor In change material the fee in from payable to such auditor that outgoing along paid auditor to	Company The same re-appointing the is Hence this disclosure is not statutory auditor. applicable.
7.	for such with change. rationale recommendation Basis for for appointment including the details in relation to and of credentials proposed auditor the statutory to be appointed.	The have confirmed Auditors Statutory their Companies of eligibility under Section 141 the 2013 framed and Rules thereunder Act, the for of your re-appointment as statutory auditors Company.
		The have Auditors Statutory also furnished a independence confirming declaration as their your their arm's with well as length relationship Companyas have that they well as declaring not up any assignments taken non-audit prohibited Company. The Committee your Audit for independence of reviews the the statutory of and auditors the effectiveness the audit

Recommendation has been received from Audit the Committee and Board of Directors meeting at the held on 28th
i

Noneofthe Directors / Key ^M interested, directly or indirect] Item No. ³ yt of the Notice, exce are in any Way, Ordinary Resoluti he Company, if any concerned or On set out at

fs recommends the Ordinary Resolution approval,

For Punit

Byorderofthe Board Commercials Limited Nbwevo)rode

⁼ iray Mehta Place: Mumbai ManagingDirector

Date: 28th DIN: ^00518614 June, ²⁰²¹

PUNIT COMMERCIALS LIMITED L51900MH1984PLC034880 Registered Office: AW 2022, "A" Tower, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (E), Mumbai — 400 051

ATTENDANCESLIP

(To be presented at the Entrance)

Thirty — Sixth Annual General Meeting of the Company held on Saturday, 11" September, 2021 at 03.00 p.m. at AW 2022, "A" Tower, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra (E), Mumbai — 400 051.

	Folio No.:
	Name of the Member:
	Name of the Proxyholder:

1. Only Member/ Proxyholder can attend the Meeting.

2. Member/ Proxyholder should bring his / her copy of the Annual Report for reference at the Meeting.

PUNIT COMMERCIALSLIMITED FORM MGT 11 PROXY FORM

	COMMERCIALSLIMITED PUNIT
	11 MGT FORM
	FORM PROXY
[Pursuantto 105 Section	and (6) ofthe Companies 2013 (3) ofthe Companies Rule 19 Act, and (Management 2014]
	Administration) Rules,
CIN:	L51900MH1984PLC034880
Name Company: of the Registered Office:	COMMERCIALS PUNIT LIMITED AW "A" Diamond Tower, Bandra 2022, Bharat Kurla Bourse,
	(E), Mumbai — 400 Complex, Bandra 051
Email ID:	fatimad@punitcommercials.com
/ DP No ID Folio /Client ID:

			COMMERCIALSLIMITED PUNIT
			11 MGT FORM FORM PROXY
	[Pursuantto	105 Section	and (6) ofthe Companies 2013 Rule 19 Act, and (Management 2014] Administration) Rules,	(3) ofthe	Companies
CIN:			L51900MH1984PLC034880
Name	of the Registered Office:	Company:	COMMERCIALS PUNIT LIMITED AW "A" Diamond Tower, Bharat 2022,	Bourse,	Bandra Kurla
			(E), Mumbai — Complex, 400 Bandra 051
Email	ID:		fatimad@punitcommercials.com
/ We, hereby	being the appoint:	member	(s) of of shares the	named above	company,
1.	Name Address
	Email Id		Orfailing him
	Si re Name
	Address Id Email		Orfailing
	Si Name		him
	Address
	Email Id Si		Orfailing him
my	Proxy / our General AW p.m. at (E), Mumbai — 400	to attend Meeting of "A" 2022, and 051	poll) for me and on and (on vote a / us my Company, on be held Saturday, the the to Diamond Tower, Bandra Bharat Bourse, adjournmentthereofin of at any such respect	/ our behalf 11" September, Complex, Kurla resolutions	36" at the 2021 at Bandra as indicated
			Resolutions	For	Against
as Annual 03.00 below: Sr. No. . 2.	Adoption of Appointment	Financial Statements of Mrs.	ended March, 31" 2021 for the year Purnima whoretires Mehta, by rotation and being
			eligible offers herself for re-appointment.
3.	Appointment Statutory Auditors	Diwan M/s. to and	& Accountants Gosalia Associates, Chartered fix their remuneration	as
— Signed	this	day of	2021.		Affix
	of Signature	shareholder			revenue stamp
	of Proxy Signature	Holder(s):
NOTE:	The Proxy Companynotless than 48	Formin order to be	deposited at the effective should be completed and before the commencement of the Meeting.	Registered	Office

my poll) for me and on Proxy and / our vote (on to attend a / us as my	/ our behalf	36" at the
Company, of Annual Meeting on General be Saturday, the held the to AW "A" Diamond Tower, Bandra 03.00 2022, Bharat Bourse, p.m. at adjournmentthereofin (E), Mumbai — 400 and at any of 051 such respect below:	11" September, Complex, Kurla resolutions	2021 at Bandra as indicated
Resolutions Sr. No.	For	Against
Adoption of ended 31" March, 2021 Financial Statements for the year .
Appointment of Purnima whoretires by rotation and Mehta, Mrs. 2. eligible offers herself for re-appointment.	being
& Diwan Appointment Accountants M/s. Gosalia Associates, Chartered 3. to Statutory Auditors fix their remuneration and	as
— day of Signed 2021. this
of shareholder Signature		Affix revenue stamp
of Proxy Signature Holder(s):

— day of Signed this	2021.
of shareholder Signature		Affix revenue stamp
of Proxy Signature Holder(s):

NOTE: The Proxy Formin order to be effective should be completed and deposited at the Registered Office of the Companynotless than 48 before the commencement of the Meeting.