EYANTRA VENTURES LIMITED — Proxy Solicitation & Information Statement 2023

May 19, 2023

(formerly known as Punit Commercials Limited)

EVL/BSE/2023-24/11

To > Date: 19.05.2023

The Corporate Relations Department BSE Limited, Phiroz Jeejeebhoy Towers, Dalal Street, Mumbai - 400001

Dear Sir/Madam,

Sub: Notice of 1° Extraordinary General Meeting for the financial year 2023-24

Ref: Company Security Code: 512099

Further to our letter dated May 18%, 2023 intimating the date of 1* Extraordinary General Meeting (EGM) for the Financial Year 2023-24 of the Members of the Company and pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, please find enclosed herewith the Notice of 13 EGM for the FY 23-24 of the Company to be held on Monday, June 12, 2023 at 3.00 p.m. IST through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM").

The Notice is also uploaded on the Company's website https://www.eyantraventures.com. Further, e-voting facility for the EGM will be made available to all the Members of the Company. The date and time of remote e-voting facility are as under:

and time of commencement of remote Date		e- 09.06.2023 at 09.00 AM
	voting
Date and time of end of remote e-voting		11.06.2023 at 05.00 P.M.
Cut-off date for determining the eligibility to vote 05.06.2023
by electronic means or in the EGM

This is for the information and records of the Exchange, please.

Thanking you.

Yours sincerely, For EYANTRA VENTURES LIMITED Priyanka Gattani Company Secretary and Compliance Officer A33047 Priyanka Gattani Digitally signed by Priyanka Gattani Date: 2023.05.19 17:42:36 +05'30'

Encl: as above

(formerly known as Punit Commercials Limited)

NOTICE

Notice is hereby given that the 1* Extra Ordinary General Meeting (EGM) for the Financial Year 2023-24 of the Members of EYANTRA VENTURES LIMITED (formerly known as Punit Commercials Limited) (Company) will be held on Monday, the 12!" day of June, 2023 at 3:00 p.m. through Video Conferencing (*VC")/ Other Audio-Visual Means ("OAVM") to transact the following business:-

SPECIAL BUSINESS:

1. Appointment of Mr. Ravi Kumar Kasetty (DIN: 07189407) as a Non- Executive, Independent Director.

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

"RESOLVED THAT pursuant to the provisions of Sections 149, 150 and 152 read with Schedule IV, Section 161 and other applicable provisions of the Companies Act, 2013, and the rules made thereunder, each as amended (the "Companies Act") and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "SEBI Listing Regulations"), and other applicable laws and pursuant to the provisions of the Articles of Association of the Company, Mr. Ravi Kumar Kasetty (DIN: 07189407), who was appointed as an Additional Director (Non-Executive-Independent Director) of the company in the Board Meeting held on March 14, 2023 and who possesses relevant expertise and experience and has signified his consent to act as an Independent Director of the Company, and submitted a declaration that he meets the criteria for appointment as an Independent Director under the Companies Act and the SEBI Listing Regulations and is otherwise eligible for appointment, 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 Director, and based on the recommendations of the Nomination and Remuneration Committee and the Board of Directors of the Company, be and is hereby appointed as an Independent Director of the Company for a period of five consecutive years commencing from 14 March, 2023 to 13" March 2028, and shall not be liable to retire by rotation.

RESOLVED FURTHER THAT Mr. Ravi Kumar Kasetty (DIN: 07189407) shall be entitled to receive sitting fees for attending meetings of the Board or any committees thereof. in terms of the appointment letter or as per any other terms and conditions as may be determined by the Board from time to time.

RESOLVED FURTHER THAT for the purpose of giving effect to the above resolution, any director or the Company Secretary of the Company, be and are hereby severally authorized, on behalf of the Board, to do all such acts, deeds, matters and things as they may, in their absolute discretion, deem necessary, proper or desirable for such purpose, including to make any filings, furnish any returns or submit any other documents to any government, statutory or regulatory

(formerly known as Punit Commercials Limited)

authorities as may be required, to settle any question, difficulty or doubt and to negotiate, finalize and execute all agreements, documents, papers, instruments and writings as they may deem necessary, proper, desirable or expedient and to give such directions and/or instructions as they may from time to time decide and give effect to such modifications. terminations. changes, variations, alterations, deletions and/or additions as regards the terms and conditions as may be required; and any documents so executed and delivered or acts and things done or caused to be done shall be conclusive evidence of the authority of the Company in so doing and any document so executed and delivered or acts and things done or caused to be done prior to the date hereof are hereby ratified, confirmed and approved as the act and deed of the Company, as the case may be.

. oA fr Hyderabad Zz D & 4 Date: 18.05.2023 Company Secretary A33047

Place: Hyderabad Priyanka Gattani

(formerly known as Punit Commercials Limited)

NOTES:

• 1. In view of the continuing Covid-19 pandemic and consequential restrictions imposed on the movements of people, the Ministry of Corporate Affairs ("MCA™) has vide its General Circular No. 20/2020 dated May 05, 2020 in conjunction with Circular No. 14/2020 dated April 08, 2020 and Circular No. 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated Scptember 28, 2020, 39/2020 dated December 31, 2020, 02/2021 dated January 13, 2021,10/2021 dated June 23, 2021, 20/2021 dated December 08, 2021 and 11/2022 dated December 28, 2022 (collectively referred to as "MCA Circulars") and SEBI Circular No. SEBI/ HO/CFD/CMDI/CIR/P/2020/79 dated May 12, 2020 and SEBI/HO/CFD/CMD2/CIR/P/2021/ 11 dated January 15, 2021, Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the MCA Circulars granted certain relaxations and thus permitted the holding of Extra Ordinary General Meeting ("EGM™) of the companies through VC/OAVM viz. without the physical presence of the Members at a common venue, Hence in compliance with the provisions of the Companies Act, 2013 ("Act"), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and MCA / SEBI Circulars, as applicable, the EGM of the Company is being held through VC /0OAVM (e-EGM).
• 1. Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended) and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended), and MCA Circulars dated April 08, 2020, April 13, 2020 and May 05, 2020 the Company is providing facility of remote e-voting to its Members in respect of the business to be transacted at the EGM. For this purpose, the Company has entered into an agreement with Central Depository Services (India) Limited (CDSL) for facilitating voting through electronic means, as the authorized e-Voting's agency. The facility of casting votes by a member using remote evoting as well as the e-voting system on the date of the EGM will be provided by CDSL.
• 1. The Members can join the EGM in the VC/OAVM mode 15 minutes before and after the scheduled time of the commencement of the Meeting by following the procedure mentioned in the Notice. The facility of participation at the EGM through VC/OAVM will be made available to at least 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc. who are allowed to attend the EGM without restriction on account of first come first served basis.
• 1. The attendance of the Members attending the EGM through VC/ OAVM will be counted for the purpose of ascertaining the quorum under Section 103 of the Companies Act, 2013.
• 1. Pursuant to MCA Circular No. 14/2020 dated April 08, 2020, the facility to appoint proxy to attend and cast vote for the members is not available for this EGM. However, in

(formerly known as Punit Commercials Limited)

pursuance of Section 112 and Section 113 of the Companies Act. 2013, representatives of the members such as the President of India or the Governor of a State or body corporate can attend the EGM through VC/OAVM and cast their votes through e-voting.

• 1. In line with the Ministry of Corporate Affairs (MCA) Circular No. 17/2020 dated April 13,2020, the Notice calling the EGM has been uploaded on the website of the Company at www. evantraventures.com. The Notice can also be accessed from the website of the Stock Exchange i.e. BSE Limited at www.bseindia.com. The EGM Notice will also be uploaded on the website of CDSL (agency for providing the Remote e-Voting facility and e-voting system during the EGM) i.e.www.evotingindia.com.
• 1. The EGM has been convened through VC/OAVM in compliance with applicable provisions of the Companies Act, 2013 read with MCA Circular No. 14/2020 dated April 8, 2020 and MCA Circular No.17/2020 dated April 13, 2020 and MCA Circular No. 20/2020 dated May 05, 2020 and MCA Circular No. 2/2021 dated January 13, 2021, 20/2021 dated December 08,2021 and 11/2022 dated December 28, 2022.
• 1. The Deemed Venue of the EGM of the Company shall be its Registered Office.
• 1. In compliance with applicable provisions of the Act read with the MCA Circulars and the Listing Regulations, the EGM of the Company is being conducted through VC/OAVM. In accordance with the Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India ("ICSI") read with Clarification/Guidance on applicability of Secretarial Standards - 1 and 2 dated 15th April, 2020 issued by the ICSI, the proceedings of the EGM shall be deemed to be conducted at the Registered Office of the Company which shall be the deemed venue of the EGM.
• 1. Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 and Regulation 36 (3) of the SEBI (LODR), Regulations, 2015, in respect of the Special Business to be transacted at the Extraordinary General Meeting as set out in the Notice is annexed hereto.
• 1. The Company has appointed M/s. Vivek Surana & Associates, Practicing Company Secretaries, as scrutinizer of the Company to scrutinize the voting process.

THE INTRUCTIONS OF SHAREHOLDERS FOR REMOTE E-VOTING AND E-VOTING DURING EGM AND JOINING MEETING THROUGH VC/OAVM ARE AS UNDER:

(i) The voting period begins on June 9, 2023 at 09.00 A.M and ends on June 11, 2023 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 cut-off date June 5, 2023 may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter.

(formerly known as Punit Commercials Limited)

• (i) Sharcholders who have already voted during the voting period as mention in point (i) 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 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 noninstitutional shareholders/retail shareholders is at an eligible 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 evoting process.

(iv) 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 1d in their demat accounts in order to access e-Voting facility.

Pursuant to above said SEBI Circular, Login method for e-Voting and joining virtual meetings for Individual shareholders holding securities in Demat mode is given below:

Type of	Login Method
shareholders
Individual Shareholders holding securities in mode Demat with CDSL	Users who have opted for CDSL Easi / Easiest facility, can login 1) will be made password. Option through their existing user id and available to reach e-Voting page without any further authentication. URL The Easi/Easiest users login are for to to htips://web.cdslindia.com/myeasithome/login or visit www.cdslindia.comand click on Login icon and select New System Myeasi. After successful login the Easi / Easiest user will be able to see the 2) companies e-Voting where option voting eligible the for in e is progress as per the information provided by company. On clicking the e voting option, the user will be able to see e-Voting page of the

(formerly known as Punit Commercials Limited)

		¢-Voting service provider for casting your vote during the remote c Voting meeting joining voting during period & virtual the or provided meeting. Additionally, access there also links the to is system of all e-Voting Service
		CDSL/NSDL/KARVY/LINKINTIME, Providers that so the i.e. user can visit the e-Voting service providers' website directly.
		user is not registered Easi/Easiest, option to register If the for 3) is
		https://web.cdslindia.com/myeasi/Registration/Easi available at Registration
		e-Voting Alternatively, page access user can directly by the 4)
		Demat Account Number and PAN providing from a e-Voting No.
		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 able to directly access the system of all e-Voting
		Service Providers. If you are already registered for NSDL IDeAS facility, please visit
demat	Individual Shareholders holding securities in mode with NSDL	1) the e-Services website of NSDL. Open web browser by typing the URL: following https://eservices.nsdl.com Personal on either a Computer home a mobile. Once the of e-Services page or on is Owner" "Login" launched, "Beneficial under icon click on the 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 e-Voting page. Click on company name or e-Voting service name e-Voting provider you and re-directed service will be to provider website for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. If the user is not registered for IDeAS e-Services. option to register 2) Online https://eservices.nsdl.com. "Register available Select at is 1DeAS* Portal click for or
		https://eservices.nsdl.com/SecureWeb/ldeasDirectReg.jsp
		Visit the e-Voting website of NSDL. Open web browser by typing 3) URL: https://www.evoting.nsdl.com/ following either on the a Computer or on home page Once Personal mobile. the of e a
		"Login" Voting system is which launched, click on icon the is available under 'Shareholder/Member'
		section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit with NSDL), Password/OTP number hold demat account and a
		Code shown Verification successful After screen. on the as NSDL Depository authentication, you redirected will be site to

(formerly known as Punit Commercials Limited)

Voting service provider website for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting.

You can also login using the login credentials of your demat account Individual through your Depository Participant registered with NSDL/CDSL for Shareholders e-Voting (holding After Successful login, you will able to see e facility. be Once Voting e-Voting you option, you securities in option. click on will NSDL/CDSL Demat mode) Depository redirected successful after site to through wherein e-Voting authentication, you Click can feature. log see in company name or e-Voting service provider name and you will their Depository redirected to e-Voting service provider website for casting your vote Participants remote e-Voting meeting during joining period virtual the or voting during the meeting. (DP)

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at above mentioned 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 with CDSL	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 with NSDL	Members facing any technical issue in login NSDL helpdesk sending can contact by a evoting@nsdl.co.in request or call toll at at free no.: 1800 1020 990 and 1800 22 44 30

• (v) Login method for e-Voting and joining virtual meeting for shareholders other than individual shareholders holding in Demat form & physical shareholders.
• 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
• a. For CDSL: 16 digits beneficiary ID,

(formerly known as Punit Commercials Limited)

• b. For NSDL.:8 Character DP' ID followed by 8 Digits Client 11,
• C. Sharcholders 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 vou 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 vou arc a first-time user follow the steps given below:

	individual Demat Form For Shareholders holding shares other than in and Physical Form
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 OR Date 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 member number Dividend Bank enter details id/folio the the field as in mentioned in instruction (v).

• (vi) After entering these details appropriately, click on "SUBMIT" tab.
• (vii) 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.
• (viii) For shareholders holding shares in physical form, the details can be used only for e-voting on the resolutions contained in this Notice.
• (ix) Click on the EVSN for the relevant on which you choose to vote.

(formerly known as Punit Commercials Limited)

• 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.
• 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.
• (xiii) Once you "CONFIRM" your vote on the resolution, you will not be allowed to modify your vote.
• (xiv) You can also take a print of the votes cast by clicking on "Click here to print" option on the Voting page.
• 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.
• There is also an optional provision to upload BR/POA if any uploaded, which will be made available to scrutinizer for verification.

Additional Facility for Non-Individual Shareholders and Custodians — Remot e-Voting

• Non-Individual shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodians are required to log onto www.evotingindia.comand 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 should be mailed 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 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 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 and to the Company at the email address viz; cs@eyantraventures.com(designated email address by company), if they

(formerly known as Punit Commercials Limited)

have voted trom individual tab & not uploaded same in the CDSL. e-voting system for the serutinizer to verity the same.

INSTRUCTIONS FOR SHAREHOLDERS ATTENDING THE EGM THROUGH vC/ OAVM & E-VOTING DURING MEETING ARE AS UNDER:

• I. The procedure for attending meeting & e-Voting on the day of the EGM is same as the instructions mentioned above for Remote e-voting,
• 1. The link for VC/OAVM to attend meeting will be available where the EVSN of Company will be displayed after successful login as per the instructions mentioned above for Remote e-voting.
• 1. Shareholders who have voted through Remote e-Voting will be eligible to attend the meeting. However, they will not be eligible to vote at the EGM.
• 1. Shareholders are encouraged to join the Meeting through Laptops/IPads for better experience.
• 1. Further shareholders will be required to allow Camera and use Internet with a good speed to avoid any disturbance during the meeting,
• 1. Please note that Participants Connecting from Mobile Devices or Tablets or through Laptop connecting via Mobile Hotspot may experience Audio/Video loss due to Fluctuation in their respective network. It is therefore recommended to use Stable Wi-Fi or LAN Connection to mitigate any kind of aforesaid glitches.
• 1. Shareholders who would like to express their views/ask questions during the meeting may register themselves as a speaker by sending their request in advance at least 5 days prior to meeting mentioning their name, demat account number/folio number, email id, mobile number at cs@eyantraventures.com. The shareholders who do not wish to speak during the EGM but have queries may send their queries in advance § days prior to meeting mentioning their name, demat account number/folio number. email id. mobile number at cs@eyantraventurescom. These queries will be replied to by the Company suitably by email.
• 1. Those shareholders who have registered themselves as a speaker will only be allowed to express their views/ask questions during the meeting.
• Only those shareholders, who are present in the EGM through VC/OAVM facility and have not casted their vote on the Resolutions through remote e-Voting and are otherwise not barred from doing so, shall be eligible to vote through e-Voting system available during the EGM.
• 1. If any Votes are cast by the shareholders through the e-voting available during the EGM

(formerly known as Punit Commercials Limited)

and if the same shareholders have not participated in the meeting through VC/OAVM facility. then the votes cast by such shareholders shall be considered invalid as the facility of ¢-voting during the meeting is available only to the shareholders attending the meeting.

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.
• 1. For Demat shareholders-, Please update your email id & mobile no. with your respective Depository Participant (DP)
• 1. 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 attending EGM & 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 toll free no. 1800 22 55 33.

For and on behalf of the Board EYANTRA VENTURES LIMITED

Place: Hyderabad Priyanka Gattani

rg" Date: 18.05.2023 Company Secretary A33047 k(Hyderabad z

CL (formerly known as Punit Commercials Limited)

EXPLANATORY STATEMENT PURSUANT TO THE PROVISIONS OF SECTION 102 OF THE COMPANIES ACT, 2013. Item no. 1

To bring more experience on the Board and based on the recommendation of Nomination and Remuneration Committee and subject to approval of the members of the Company, the Board of Directors ("Board") had appointed Mr. Ravi Kumar Kasetty as Additional Director at its meeting held on 14" March, 2023 and further appointed in the same Board Meeting as Non-Executive - Independent Directors w.e.f. 14.03.2023 for a term of 5 (Five) consecutive years, Further, the Company has, in terms of Section 160(1) of the Act, received a notice in writing from a shareholder proposing the candidature of Mr. Ravi Kumar Kasetty for the office of Director. In this connection, the Board is of the opinion that such person fulfills the criteria for independent director, as set out in the Companies Act, 2013 and rules made thereunder, each amended as (Companies Act) the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "SEBI Listing Regulations") and that Mr. Ravi Kumar Kasetty (DIN: 07189407) is independent from the management of the Company.

The Company has received from Mr. Ravi Kumar Kasetty (i) consent in writing to act as Director in Form DIR-2 pursuant to Rule 8 of the Companies (Appointment and Qualifications of Directors) Rules, 2014, (ii) intimation in Form DIR-8 in terms of the Companies (Appointment and Qualifications of Directors) Rules, 2014 to the effect that they are not disqualified under Section 164(2) of the Act and (iii) a declaration to the effect that they meet the criteria of independence as provided in Section 149(6) of the Act and Rules framed thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations. Mr. Ravi Kumar kasetty has confirmed that they have not been debarred from holding office of the director by virtue of any Order passed by SEBI or any other such authority. Further, Mr. Ravi Kumar Kasetty has confirmed that they are not aware of any circumstance or situation which exists or may be reasonably anticipated that could impair or impact their ability to discharge their duties as an Independent Director of the Company.

The profile and specific areas of expertise of Mr. Ravi Kumar Kasetty is provided as annexure to this Notice.

In the opinion of the Board, Mr. Ravi Kumar Kasetty is a person of integrity, fulfils the conditions specified in the Act and the Rules made thereunder read with the provisions of the SEBI Listing Regulations, each as amended, and is independent of the Management of the Company. In terms of Sections 149, 152 and other applicable provisions of the Act, read with Schedule IV of the Act and the Rules made thereunder, and in terms of the applicable provisions of the SEBI Listing Regulations, each as amended, the appointment of Mr, Ravi Kumar Kasetty as Independent Director of the Company for a period of five consecutive years commencing from 14" March, 2023 to 13" March, 2028 is being placed before the Shareholders for their approval by way of a Special Resolution. Mr. Ravi Kumar Kasetty, if appointed, will not be liable to retire by rotation. The terms and conditions of appointment of Mr. Ravi Kumar Kasetty as Independent Director would be made available for inspection to the

(formerly known as Punit Commercials Limited)

shareholders on sending a request along with their DP/Client ID or Folio No. from their registered email address to the Company at cs@eyantraventures.com.

The Board recommends the Special resolution set out in item no. I of the Notice for your approval.

None of the directors or managers or key managerial personnel of the Company or their respective relatives except Mr. Ravi Kumar Kasetty, being the appointee, is interested in their respective resolutions.

For and on behalf of the Board EYANTRA VENTURES LIMITED af a

A33047

Place: Hyderabad Priyanka Gattani Date: 18.05.2023 Company Secretary

(formerly known as Punit Commercials Limited)

Details of the Director(s) proposed to be appointed at the Extra Ordinary General Meeting as required under Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India and Regulation 36 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015 are as given below:

Name of Director(s)	Kumar Kasetty [ mr, Ravi (DIN: 07189407)
Age	45 years
Qualifications	Master of Information Technology (MIT) from Manipal Academy of Higher Education
Experience (including expertise in specific functional Brief area)/ Resume	Ravi is a highly experienced technology delivery leader with over Mr. 23 years of experience in the IT industry. He has led several large-scale IT transformation programs across multiple domains. including banking, financial services, healthcare, and retail. Ravi has extensive experience companies IBM, teams major leading GE, delivery such as in in Cognizant, Satyam, a proven of delivering and and record track has complex projects on time and within budget, while ensuring high quality management Ravi and project client satisfaction. skilled in is methodologies such as Agile and Waterfall and has expertise in leading teams extensive diverse locations and Ravi cultures. Mr. has in Germany, working in multiple geographies experience such India, as Switzerland, Singapore, and the USA. He has managed delivery teams in these locations and has developed a keen understanding of cultural background, work differences and strong technical practices. His leadership skills, make coupled with his excellent communication and him a valuable asset to any organization. Additionally, Ravi has worked in various domains such as e-commerce, healthcare, and finance.
	Mr. Ravi's track record of successfully delivering complex projects on time and within budget, while ensuring high quality standards are met, is a testament to his skills in stakeholder management and experience in managing cross-functional teams across different locations. He is well management methodologies, versed including Agile project and in Waterfall, and has the ability to adapt to different project environments. demonstrated leadership Ravi strong effectively has also skills, managing motivating teams achieve organization objectives. and to Overall, Ravi is a seasoned Program manager who is able to effectively manage Programs/accounts from initiation to closure and deliver value stakeholder management proven have His clients. skills also be to to invaluable in ensuring client satisfaction. With his technical expertise, managing experience teams leadership diverse and and skills, in domains, any _organization looking a valuable Mr. Ravi asset to to is

(formerly known as Punit Commercials Limited)

	drive digital transformation and deliver high-quality software solutions for complex business problems.
Terms and conditions of appointment ef re-appointment	As per the Resolution in the Notice read with explanatory statement thereto, Mr. Ravi Kumar Kasetty is proposed to be appointed as an Independent Director of the Company for the term of five consecutive years w.e.f. 14" March, 2023.
Remuneration last drawn (including sitting fees, if anv)	Nil
Remuneration proposed to be paid	No remuneration other than sitting fee for attending Board/Committee meeting is payable.
Date of first appointment on the Board	14.03.2023
Shareholding of directors Company, the in including shareholding as a beneficial owner	Nil
Relationship with other Directors/Key Managerial Personnel	Not related to any Director/Key Managerial Personnel
Number meetings of of the Board attended during the year	Nil
Directorships other of Boards	Nil
Names of listed entities which Director the in holds also the directorship and the membership of Committees of the board along with listed entities which person from the resigned has past the in three years	Nil
and capabilities Skills required for the and role the manner in which the proposed person meets such requirements	Kumar Kasetty has all the requisite skills and capabilities as Mr. Ravi explained above.