Globus Spirits Limited — AGM Information 2021

Sep 24, 2021

The National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Dated: 24TH September, 2021 The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400 001

Intimation in terms of Regulation 30 of the SEBI LODR, Regulations 2015, with regard to Proceedings of the Twenty Eighth Annual General Meeting of Members of M/s Globus Spirits Limited held on Friday, the 24th day of September, 2021 at 3:00 P.M. through Video Conferencing ("VC") / other Audio Visual Means ("OAVM") in accordance with the applicable provisions of the companies act, 2013 and in accordance with the circulars issued by MCA and SEBI.

Mr. Vivek Gupta, Chairman, took the Chair.

After ascertaining that the requisite quorum as required under section 103of the Companies Act, 2013 ("the Act") being present, the Chairman called the meeting to order.

The Chairman then proceeded to introduce the Panelists, including Directors, KMPs, Auditors and secretarial auditor and other guests present in the meeting.

The notice convening the Twenty Eighth Annual General Meeting, having been duly circulated, was taken as read with the permission of the Members present.

The Chairman then explained the members that Independent Auditors' Report had already been sent to the Shareholders along with the Annual Financial Statements of the Company. Since there was no Specific qualifications / observations of the Auditors in their Report, it was taken as read. Rest of the Directors Report and other Reports and annexures of annual report was taken as read with the permission of the members present.

The Chairman then informed the members that pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014, as amended and in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided remote e- voting facility to the members entitled to cast their vote at the businesses proposed in Annual General Meeting which concluded at 5:00 p.m. on 23rd September, 2021 and providing the similar voting rights to the members present at the Annual General Meeting, to vote through e-voting system for voting on all the resolutions of ordinary and special businesses as set out in items 1 to 17 of the Notice of 28th Annual General Meeting.

proprietor of Sundeep Kumar Parashar, members that $CS$ informed the He M/s SKP & Co., Company Secretaries, had been appointed as Scrutinizer for scrutinizing the remote e-voting and live e-voting at the time of AGM in a fair and transparent manner.

Globus Spirits Limited (Corporate Identity Number: L74899DL1993PLC052177) Registered & Corporate Office:

F-0, Ground Floor, The Mira Corporate Suites, Plot No. 1 & 2, Ishwar Nagar, Mathura Road, New Delhi 110065 Tel.: +011-66424400 Works(1): Village: Shyampur, Tehsil: Behror 301701 Distt.: Alwar (Rajasthan) Tel.: +91-08003592097Works(2): Haryana Organics (A Unit of Globus Spirits Limited) 4 KM., Chulkana Road, Samalkha 132101 Distt.: Panipat (Haryan Works(3): Associated Distilleries (A Unit of Globus Spirits Limited) Hisar Bye-Pass, National Highway, Hisar 125044 (Haryana) Tel.: +91-09896398187Works(4): Village: Dhandua, Tehsil: Jandaha, Hajipur 844505 Distt.: Vaisha Works(5): Plot No. B-7, Panagarh Industrial Park, Panagarh 713420 Distt.: Burdwan (West Bengal) Tel.: +91-9800297777 Works(6): Village: Olda, Block Baharagora, Tehsil: Ghatshila, Post: Borsol, Distt.: East Singhbhum, Jharkhand Mob.: +91-9708112376

The Chairman, thereafter, proceeded to take up business, as stated in the notice of 28th Annual General Meeting. Members raised their queries which were replied by the Chairman and Joint Managing Director of the Company.

The Chairman thereafter, opened the session for shareholders queries and suggestions and also ordered e-voting on all Resolutions for the Ordinary and Special businesses as set out in items 1 to 17 of the Notice of 28th Annual General Meeting.

The Chairman Informed the Shareholders that the Results of voting will be declared after the Report of Scrutinizer is received and shall be posted on the website of the Company www.globusspirits.com.

Businesses Transacted at AGM

Following businesses as contained in the Notice of 28th Annual General Meeting were discussed and transacted through remote e-voting and by e-voting at AGM:

ORDINARY BUSINESS

Adoption of Consolidated & Standalone Audited Annual Accounts and Reports thereon Item No.1: for the year ended 31st March 2021.

Declaration of Final Dividend of Re.2/-, i.e. 20% per equity share for the financial Item No.2: vear ended 31st March 2021.

Re-appointment of Sh. Shekhar Swarup as Director who retires by rotation. Item No.3:

SPECIAL BUSINESS

Re-appointment of Sh. Ajay Kumar Swarup as Managing Director for another Item No. 4: period of 5 years w.e.f. 01st December 2021.

Item No. 5: Special Resolution for Approval of Remuneration of Mr. Ajay Kumar Swarup, Managing Director of the company.

Special Resolution for Approval of Remuneration of Mr. Shekhar Swarup, Joint Item No. $6:$ Managing Director of the company.

Item No. 7: Approval of Remuneration of Dr. Bhaskar Roy, Executive Director of the company.

Item No. 8: Approval of Remuneration of Mr. Manik Lal Dutta, Executive Director of the company.

Item No. 9: Approval for payment of remuneration to M/s JSN & Co, Cost Auditor of the company

Item No. 10: Approval of entering into related party transaction (Lease Rental Transaction) with M/s Biotech India Limited.

Item No. 11: approval of entering into related party transaction (Lease Rental Transaction) with M/s Rajasthan Distilleries Private Limited.

Item No. 12: approval of entering into related party transaction (Lease Rental Transaction) with M/s ADL Agrotech Limited.

Item No. 13: approval of entering into related party transaction with M/s Rambagh Facilities Services LLP.

Item No. 14: approval of entering into related party transaction with M/s India Paryavaran Sahayak Foundation.

Item No. 15: approval of entering into related party transaction with M/s GRAS Skill Foundation. Item No. 16: approval of appointment of Ms. Devika Swarup (being relative of Director) in the position of Head-Developments (Projects) and making payment of remuneration to her.

Item No. 17: Special Resolution for Approval of scheme for Employee Stock Option Plan 2021 (ESOP 2021 scheme).

The voting result on all the aforementioned items will be submitted with the exchange once it is being confirmed by the scrutinizer as well as the chairman of the Meeting

For Globus Spirits Limited,

GPIRIT. S DBU NEW DEL (Santosh Kumar Pattanayak) Company Secretary $\star$

Membership No.: A 18721 Date: 24th September, 2021