GAIL (India) Limited — AGM Information 2021

Sep 9, 2021

l)-(;r ~' ¹⁶~ ClJl11T ^~ ~ ~-110066, ~ GAIL BHAWAN, 16 BHIKAIJI CAMA PLACE NEWDELHI-110066, INDIA ~/PHONE: +9111 26182955 ~/FAX: +911126185941 ~--i'rc>f/E-mail: info@gail.co.in

ND/GAIL/SECTT /2021

September 09, 2021

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National Stock Exchange of India Limited ' i	I BSE Limited
Exchange Plaza, 5th Floor,	I Floor 1, Phiroze Jeejeebhoy Towers
Plot No. C/1, G Block,	I Dalal Street
Bandra-Kurla Complex, Bandra (East)	I Murnbai- 400001
Murnbai - 400051	I
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Sub.: Proceedings of 37th Annual General Meeting of the Company held on 09.09.2021

Dear Sir/Madam,

As per the requirement of Regulation 30(2) read with Para A of Schedule III - Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the summary of the proceedings of 37th Annual General Meeting of the Company held on Thursday, the 9th day of September, 2021 at 11:30 a.m. through Video Conferencing Mode (VC) /Other Audio-Visual Means (OAVM) at the Registered office of the Company situated at 16, Bhikaiji Cama Place, R K Purarn, New Delhi-110066.

The above is for your information and records please.

Thanking you,

Yours faithfully

fHl_

(A.K. Jha) Compa~X Secretary --

GAIL (INDIA) LIMITED (A Government of India Undertaking)

Registered Office: 16, Bhikaiji Cama Place, R.K. Puram, New Delhi – 110066 CIN: L40200DL19840GOI018976 Website: www.gailonline.com E-mail: shareholders@gail.co.in Phone: 011-26182955, Fax: 011-26185941

PROCEEDINGS OF 37 TH ANNUAL GENERAL MEETING OF THE COMPANY

Thirty-Seventh Annual General Meeting (AGM) of the members of GAIL (India) Limited was held on Thursday, the 9 th day of September 2021 through Video Conferencing Mode (VC) /Other Audio-Visual Means (OAVM). The meeting commenced at 11.30 a.m. and concluded at 01:18 p.m.

Summary of Proceedings:

• Shri Manoj Jain, Chairman & Managing Director chaired the meeting.
• The Chairman informed that the Meeting was convened through VC/ OAVM in compliance with the Circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
• The Chairman then requested Company Secretary to explain the process of remote evoting. The Company Secretary briefed the members about the process of e-voting.
• The Company also provided live Webcast of the proceedings of the AGM.
• The requisite quorum being present, the Chairman called the Meeting to order.
• The Chairman also informed about the presence of other Board members, Statutory Auditor(s) and Secretarial Auditor(s).
• Chairman delivered the speech. With the consent of all the Members present, the Board's Report, Auditor's Report, Audited Financial Statement etc. were taken as read.
• Company Secretary informed the Members that pursuant to the Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014; the Company offered remote e-voting facility to its members for exercising their right to vote by electronic means from Sunday, the 5th day of September, 2021 (9:00 am) (IST) till Wednesday, the 8th day of September, 2021 (5:00 pm) (IST). Further, the facility for e-voting on the resolutions was also provided during the AGM till 15 minutes after the conclusion of the AGM to those members who participated in the AGM and had not casted their votes through remote e-voting. Shri Sachin Agarwal, Practicing Company Secretary was appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner.

^~The Company Secretary informed the items proposed for approval of shareholders and the Chairman explained the objective and implications, if any, of the resolutions enlisted in the AGM notice. The business items discussed during the AGM were as under:

s.	Business Items Transacted during 37th AGM	Type of Resolution
No.
	Ordinary Business
1	Adoption of Audited Standalone and Consolidated Financial	Ordinary Resolution
	Statements of the Company for the year ended 31st March,
	2021 and Report of the Board of Directors and Auditors
2	To confirm the payment of 1st Interim and 2nd Interim Dividend	Ordinary Resolution
	already paid in February, 2021 and March, 2021 respectively
	s Re-Appointment of Shri E Ranganathan, Director	Ordinary Resolution
3	(Marketing), who retires by rotation, and being eligible, offers
	himself for re-appointment
4	Authorization to the Board of Directors to fix the remuneration	Ordinary Resolution
	ofthe Joint Statutory Auditors for FY 2021-22
	Special Business
6	Approval for appointment of Shri M V Iyer as Director	Ordinary Resolution
	(Business Development), liable to retire by rotation
7	Approval for ratification of remuneration of Cost Auditors for	Ordinary Resolution
	FY 2020-21
8	Approval for Material Related Party Transactions with Petronet	Ordinary Resolution
	LNG Limited

• ^~Chairman invited Shareholders for discussion/ to raise queries on the items of business, which were suitably addressed. Further, he informed that the Company will separately disseminate the results of e-voting to the stock exchanges and the same will also be hosted on the website of Central Depository Services (India) Limited as well as that of the Company as per the statutory requirements. The results will also be displayed on the Notice Board of the Company at its Registered Office.
• ^~Chairman offered vote of thanks to the Shareholders.

It is hereby confirmed that the meeting was called, convened, held and conducted as per the provisions of the Companies Act, 2013; the rules notified thereunder, SEBI (LODR) Regulations, 2015 and Secretarial Standards on General Meetings issued by the Institute of Company Secretaries of India.

(A.K. ~ Jha) Company Secretary