Ganesh Benzoplast Ltd. — Board/Management Information 2021

Sep 1, 2021

GANESH BEI{ZOPLAST LIMITET)

cIN : L24200MH1986pLC039836 pAN No. AAACGr2sgJ

Regd. Office: Dina Building, lstFloor, 53, Maharshi Karve Road, Marine Lines, Mumbai - 400 002 Tel: 022- 61 406000 F ax: A22-2200 I 928 Email: compliance@gblinfra.com E website: www.gblinfra.com

September 0'/.,r2021

To,

Department of Corporate Services, Bombay Stock Exchange Limited Phitoze Jeeieebhoy Towers, Dalal Street, Mumbai - 400001.

Dear Sir,

Ref: BSE CODE 500153

Sub: Outcome of the Board Meetins held on September 01.2021

This is to inform you that the Board of Directors of the Company, at their meeting held on September 01, 2027, inter-alia:

• 1. Considered and recommended for approval of the shareholders at the ensuing 34tt'Annual General Meeting (AGM) the appointment of M/s Mittal & Associates, Chartered Accountants (Firm Reg No. 706456W) for their first term of five consecutive years, in place of the retiring auditor M/s Samria & co., Chartered Accountants, who will complete their terms on forthcoming 34th AGM.
• Considered and approved the change in designation of Mr Raunak Pilani from Executive Director to Non-executive Director of the company. 2.
• Considered and. recommended for approval of the shareholders at the ensuing 34u. Annual General Meeting (AGM), continuation of directorship of Mr. Ramesh Dhanraj Punjabi beyond the age of 75 years,, as a Non- Executive, Non-Independent Director as per SEBI (LODR) regulations. J.
• Considered and recommended for approval of the shareholders at the ensuing 34th Annual General Meeting (aCM) conducting the chemical business between the par&t company - Ganesh Benzoplast Limited and its 100% subsidiary (Wholly Owned Subsidiary) GBL Chemical Limited, without transferring anf immovable property owned by the company. Under this arrangement, the purchase of raw material necessary for the manufacfure of the chemicals and the sale of finished chemical products will be handled by the WOS namely GBL Chemical Limited and the parent company (Gariesh Benzoplast Limited) will continue 4" to carry on the manufacturing of chemicals on job work, exclusively for the Chemical Limited).

GANESH BEI{ ZOPLAST LIMITEI)

CIN : L24200MH1986PLC039836 PAN NO. AAACGl259J

Regd. Office: Dina Building, lstFloor, 53, Maharshi Karve Road, Marine Lines, Mumbai - 400 002 Tel: 022- 6 1 406000 F ax: 022-2200 1 928

Email: compliance@gblinfra.com El Website: www.gblinfra.com

• 1. Discussed the business operations and prospects of GBL Clean energy Private Limited, a newly incorporated 100% subsidiary which will deal in clean energy fuels viz. ethanol, ethyl alcohol, bioethanol, butanol, bioalcohol, methanol and Isopropyl alcohol and other clean energy and biodiesel fuels, bio-oils and other agro based products etc. Using ethanol and other alternative bio-fuels is highly promoted by the Government these days and various initiatives are taken by the Government for'using environmentally friendly sources of fuel and by this industry, has a huge demand which can be capitalized by the company with the existing experience of the its parent company,
• Discussed the business operations and prospects of GBL Infra Engineering Services Private Limited a newly incorporated 100% subsidiary which will provide quality services in technical consultancy, design & engineering, procurement construction & implementation of projects from concept to comrnissioning for industrial and other service sectors. With the current developments in the infrastructure field both by the goverrunent and private sector, the company has opportunity to grow. 6.
• Approved the holding of 34th Annual General Meeting of the company on Monday, 27th September, 2021, at 11.00 am via Video Conferencing facility or other audio-visual means, providing e-voting faciliry to the Members of the Company for the ensuring AGM and app of Scrutinizer for e-voting process. 7.
• B. Notice of 34tt AGM and related business.
• 1. Book Closure date for purpose of 34th Annual General Meeting.

You are requested to take a note of the above on record and disseminated to all concerned.

Thanking you, Yours Faithfully, For Graneshffinzonlast Ltd. @)tto^"' - Ekta Dhanda Company Secretary

Encl: Brief Profile of ,New Auditor as Annexure A

{

GAI\ESH BENZOPLAST LIMITED

CIN : L24200MH1986PLC039836 PAN NO. AAACGI259J

Regd. Office: Dina Building, lstFloor, 53, Maharshi Karve Road, Marine Lines, Mumbai - 400 002 Tel: 022- 6 I 406000 F ax: 022-2200 1 928

Email: compliance@gblinfra.com E Website: www.gblinfra.com

Annexure A

I\zI/s Mittal & Associates, Chartered Accountants, is a Chartered Accountancy Firm registered with institute of Chartered Accountants qf India with Firm Registration No. 106456W' The Audit firm is a partnership firm, established in year 1977.The Firm provides a wide range of services which inclucle Audit & Assurance, Direct and Indirect Taxation, Accounting and financial consultancy. The firm has experience of more than 43 years in various sectors including NBFCs and banks. The Audit Firm has valid Peer Review certificate and is primarily engaged in providing audit and assurance services to its clients'

Nrf/s Mittal & Associates, Chartered Accountants, will hold office for a period of five consecutive years from the conclusion of 34*, annual general meeting till the conclusion of 39th annual general meeting, subject to the approval of the shareholders of the Company.