Globus Spirits Limited

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Dated : 03[rd] August 2024

The Na�onal Stock Exchange of India Limited Exchange Plaza, C-1, Block-G BandraKurla Complex, Bandra (E), Mumbai – 400 051

The BSE Limited PhirozeJeejeebhoy Towers Dalal Street, Fort Mumbai – 400 001

Scrip- EQ, Code: 533104

Sub: Annual Report, AGM No ce & Book Closure In ma on

Dear Sir,

Pursuant to the Regula�on 34 of the Securi�es and Exchange Board of India (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, NOTICE is hereby given that the 31[st] Annual General Mee�ng of the Members of M/s Globus Spirits Limited will be held on Thursday, 29[th] August, 2024 at 03:00 PM at the Registered office of the company through Video conferencing (“VC”) / Other Audio Visual Means(“OAVM”). The copy of detailed AGM No�ce along with Annual Report of the company for the FY 2023-24 is aCached herewith. The record date for the purpose of e-vo�ng and dividend distribu�on is 22[nd] August 2024 and the Register of Members and Share Transfer Books of the Company will remain closed from 23rd August, 2024 to 29th August, 2024 (both days inclusive).

Kindly take the same on record.

Thanking You Yours faithfully for Globus Spirits Ltd.

Digitally signed by SANTOSH SANTOSH KUMAR KUMAR PATTANAYAK PATTANAYAK Date: 2024.08.03 16:10:55 +05'30'

Santosh Kumar Pa,anayak Company Secretary ACS-18721

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CIN: L74899DL1993PLC052177 Regd. Office: F-0, Ground Floor, The Mira Corporate Suites, Ishwar Nagar, Mathura Road, New Delhi-110065 Tel : 011-66424600, Fax:011-66424629, E-Mail:[email protected], Website:www.globusspirits.com

NOTICE

NOTICE is hereby given that the 31[st] Annual General Meeting of the Members of M/s Globus Spirits Limited will be held on Thursday, 29[th] August, 2024 at 03:00 PM at the Registered office of the company through Video conferencing (“VC”) / Other Audio Visual Means(“OAVM”) in accordance with the applicable provisions of The Companies Act, 2013(“Act,2013”) and Ministry of Corporate Affairs (MCA) vide Circular No. 09/2023 dated 25[th] September 2023 (herein referred to as “MCA Circular”) and also SEBI Circular no. SEBI / HO / CFD / PoD-2 / CIR/ 2023/4 dated January 5, 2023 to transact the following business:

Ordinary Business:

To receive, consider and adopt the Audited Consolidated and Standalone Financial Statements of the Company for the year ended 31[st] March 2024 including audited Balance Sheet as at 31[st] March, 2024, the statement of Profit & Loss for the year ended on that date, the Reports of the Auditors thereon and Board’s report along with its annexures.
To declare dividend of Rs.3.50/-, i.e. 35% per Equity Shares of Rs.10/- each of the company for the financial year ended March 31, 2024.
To appoint a Director in place of Dr. Bhaskar Roy, who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business:

To consider, and, if thought fit, to pass with or without modification the following resolution as Special Resolution :
“RESOLVED THAT in accordance with provisions of Section(s) 149, 152, Schedule IV and other applicable provisions of the Companies Act, 2013, if any, and rules made thereunder read with Companies (Appointment and Qualification of Directors) Rules, 2014 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 (including any statutory modification(s) or re-enactment thereof for the time being in force), Ms. Ruchika Bansal (DIN 06505221), Director of the Company, be and is hereby appointed as an Independent Director of the Company to hold office for 2nd term of five consecutive financial years from 01st April 2025 till 31st March 2030.
To consider, and, if thought fit, to pass with or without modification the following resolution as Ordinary Resolution :

“RESOLVED THAT pursuant to the provisions of Section(s) 149, 152, 161, Schedule IV and other applicable provisions of the Companies Act, 2013, if any, and rules made thereunder read with Companies (Appointment and Qualification of Directors) Rules, 2014 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 (including any statutory modification(s) or re-enactment thereof for the time being in force), Mr. Amit Bhatiani ( DIN:02968014), who was appointed as an Additional Director (Non-Executive & Independent Director) of the Company in the meeting of the Board of Directors held on 30th day of May,2024, pursuant to provisions of Section 161 of the Act and the Articles of Association of the Company and in respect of whom the Company has received a notice in writing under Section 160 of the Companies Act,2013 from a member proposing his candidature for the office of Independent Director, be and is hereby appointed as Independent Director of the Company, to hold office for 1st term of five consecutive years w.e.f.30th May 2024.”

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

RESOLVED THAT subject to approval of the shareholders of the company and pursuant to the provisions of Section(s) 196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule V of the Companies Act, 2013 (corresponding to Sections 269, 198, 309, 311 and any other applicable provisions of the Companies Act, 1956 read with Schedule XIII of the Companies Act, 1956) and subject to such other statutory approvals, if required, and pursuant to the provisions of Article of Association of the company, the consent of the members of the company be and is hereby accorded for such remuneration of Sh. Ajay Kumar Swarup (Managing Director), since 01st April 2024 and such remuneration and variation of the terms and conditions are approved and recommended by the Nomination and Remuneration Committee. His remuneration is as under:-

Basic Salary	Rs.15,75,000/-per month
HRA	Rs.7,87,500/-per month
CityCompensatoryAllowance	Rs.15,75,500/-per month
Earned / Privilege Leave	Asper company’s rules and regulations
Provisions for Increment	Such rate as determined bythe Board subject to maximum of 25%p.a.
Perquisites :In addition to the above Sh. Ajay Kumar Swarup will be entitled to the following perquisites restricted to an amount to be decided by the Board of Directors. Unless the context otherwise requires the perquisites are classifed as follows:-
Retirement Benefts	Provident Fund/Gratuity/Superannuation Fund shall be payable in accordance with the Rules and Regulations of the company.
Medical Reimbursement	Entire expenditure incurred bySh. AjayKumar Swarupand his familyat actual.
Advance	Advance against salarymaybeprovided asper company policy.
Tours and Travels	Entire expenditure incurred by Sh. Ajay Kumar Swarup and his family at actual on the tours and travels (including foreign tours and travels) and reimbursement of fuel charges incurred bythem.
Performance Incentive	Performance Incentive shall be payable in actual in accordance with the Rules and Regulations and performance of the company subject to maximum of Rs.3.60crores p.a.
Fees / Subscription for various Business Development Programme	Fees / subscription to be paid in actual towards undergoing various Business Developments courses / programme offered by any institution/university whether in India or abroad.
Club Fees	Subscription fees of clubs and Reimbursement of expenses at actual as per the policyof the company.
Provision of Car	Car with Driver for use of company’s businesspurpose and forprivatepurpose.
Insurance	Premium as per the rules of the company covered under Group Term Life Insurance / GroupMedical Policyand Personal Accident Insurance.
Telephone/Internet Expenses	Expenditure incurred on telephone calls and internet for business and private purpose shall be reimbursed at actual.

If at any time the Director ceases to be Director of the company for any cause whatsoever, he shall cease to be Managing Director of the Company.”

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

RESOLVED THAT subject to approval of the shareholders of the company and pursuant to the provisions of Section(s) 196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule V of the Companies Act, 2013 (corresponding to Sections 269, 198, 309, 311 and any other applicable provisions of the Companies Act, 1956 read with Schedule XIII of the Companies Act, 1956) and subject to such other statutory approvals, if required, and pursuant to the provisions of Article of Association of the company, the consent of the members of the company be and is hereby accorded for such remuneration of Sh. Shekhar Swarup (Joint Managing Director), since 01st April 2024 and such remuneration and variation of the terms and conditions as are approved and recommended by the Nomination and Remuneration Committee. His remuneration is as under:-

Basic Salary	Rs.13,50,000/-per month
HRA	Rs.6,75,000/-per month
CityCompensatoryAllowance	Rs.13,29,000/-per month
VPF	Rs.21,000/-per month
Earned / Privilege Leave	Asper company’s rules and regulations
Provisions for Increment	Such rate as determined bythe Board subject to maximum of 25%p.a.
Perquisites :In addition to the above Sh. Shekhar Swarup will be entitled to the following perquisites restricted to an amount to be decided by the Board of Directors. Unless the context otherwise requires the perquisites are classifed as follows:-
Retirement Benefts	Provident Fund/Gratuity/Superannuation Fund shall be payable in accordance with the Rules and Regulations of the company.
Medical Reimbursement	Entire expenditure incurred bySh. Shekhar Swarupand his familyat actual.
Advance	Advance against salarymaybeprovided asper company policy.
Tours and Travels	Entire expenditure incurred by Sh. Shekhar Swarup and his family at actual on the tours and travels (including foreign tours and travels) and reimbursement of fuel charges incurred bythem.
Performance Incentive	Performance Incentive shall be payable in actual in accordance with the Rules and Regulations and performance of the company subject to maximum of Rs.3.60crores p.a.
Fees / Subscription for various Business Development Programme	Fees / subscription to be paid in actual towards undergoing various Business Developments courses / programme offered by any institution/university whether in India or abroad.
Club Fees	Subscription fees of clubs and Reimbursement of expenses at actual as per the policyof the company.
Provision of Car	Car with Driver for use of company’s businesspurpose and forprivatepurpose.
Insurance	Premium as per the rules of the company covered under Group Term Life Insurance / GroupMedical Policyand Personal Accident Insurance.
Telephone/Internet Expenses	Expenditure incurred on telephone calls and internet for business and private purpose shall be reimbursed at actual.

If at any time the Director ceases to be Director of the company for any cause whatsoever, he shall cease to be Joint Managing Director of the Company.”

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

RESOLVED THAT subject to approval of the shareholders of the company and pursuant to the provisions of Section(s) 196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule V of the Companies Act, 2013 (corresponding to Sections 269, 198, 309, 311 and any other applicable provisions of the Companies Act, 1956 read with Schedule XIII of the Companies Act, 1956) and subject to such other statutory approvals, if required, and pursuant to the provisions of Article of Association of the company, the consent of the members of the company be and is hereby accorded for such remuneration of Dr. Bhaskar Roy (Executive Director), since 01st April 2024 and such remuneration and variation of the terms and conditions are approved and recommended by the Nomination and Remuneration Committee. His remuneration is as under:-

Basic Salary	Rs.3,69,360/-per month
HRA	Rs.1,84,680/-per month
Other Allowances / Reimbursement	Rs.1,84,680/- per month
CityCompensatoryAllowances	Rs.1,84,680/-per month
Other Pay/ Allowances
Earned / Privilege Leave	Asper company’s rules and regulations
Provisions for Increment	Such rate as determined bythe Board subject to maximum of 25%p.a.

Perquisites : In addition to the above Dr. Bhaskar Roy will be entitled to the following perquisites restricted to an amount to be decided by the Board of Directors. Unless the context otherwise requires the perquisites are classified as follows:-

Perquisites :In addition to the above Dr. Bhaskar Roy will be entitled to the following perquisites restricted to an amount to be decided bythe Board of Directors. Unless the context otherwise requires theperquisites are classifed as follows:-	Perquisites :In addition to the above Dr. Bhaskar Roy will be entitled to the following perquisites restricted to an amount to be decided bythe Board of Directors. Unless the context otherwise requires theperquisites are classifed as follows:-
Retirement Benefts	Provident Fund/Gratuity/Superannuation Fund shall be payable in accordance with the Rules and Regulations of the company.
Performance Incentive	Performance Incentive shall be payable in actual in accordance with the Rules and Regulations andperformance of the company.
Advance	Advance against salarymaybeprovided asper company policy.
Provision of Car	Car with Driver for use of company’s businesspurpose and forprivatepurpose.
Insurance	Premium as per the rules of the company covered under Group Term Life Insurance / GroupMedical Policyand Personal Accident Insurance.

If at any time the Director ceases to be Director of the company for any cause whatsoever, he shall cease to be Executive Director of the Company.”

RESOLVED THAT subject to the applicable provision under section177, 178 and 188 of Companies Act 2013 read with Rule 15 of Companies (Meetings of Board and its Powers) Rules, 2014 and/or any other provisions as may be applicable, the consent of the members of the company be and is hereby accorded for the payment of remuneration to Ms. Devika Swarup, being relative (Daughter) of Mr. Ajay Kumar Swarup (Managing Director of the company) since 01st April 2024 holding the position of Head-Developments (Projects) in the company and such terms and conditions of her roles and payment terms as are approved and recommended by the Nomination and Remuneration Committee. Her remuneration is as under:-

Basic Salary	Rs.2,40,000/- per month
HRA	Rs.1,20,000/- per month
City Compensatory Allowance	Rs.2,40,000/- per month
Earned / Privilege Leave	As per company’s rules and regulations
Provisions for Increment	Such rate as determined by the Board subject to maximum of 25% p.a.
Perquisites :In addition to the above Ms. Devika Swarup will be entitled to the following perquisites restricted to an amount to be decided by the Board of Directors. Unless the context otherwise requires the perquisites are classifed as follows:-
Retirement Benefts	Provident Fund/Gratuity/Superannuation Fund shall be payable in accordance with the Rules and Regulations of the company.
Medical Reimbursement	Entire expenditure incurred by Ms. Devika Swarup and her family at actual.
Performance Incentive	Performance Incentive shall be payable in actual in accordance with the Rules and Regulations and performance of the company.
Advance	Advance against salary may be provided as per company policy.
Fees / Subscription for various Business Development Programme	Fees / subscription to be paid in actual towards undergoing various Business Developments courses / programme offered by any institution/university whether in India or abroad.
Club Fees	Subscription fees of two clubs and Reimbursement of expenses at actual as per the policy of the company.
Provision of Car	Car with Driver for use of company’s business purpose and for private purpose.
Insurance	Premium as per the rules of the company covered under Group Term Life Insurance / Group Medical Policy and Personal Accident Insurance.
Telephone/Internet Expenses	Expenditure incurred on telephone calls and internet for business and private purpose shall be reimbursed at actual.

To consider and if thought fit, to pass with or without modification the following resolution as an Ordinary Resolution

“RESOLVED THAT in accordance with provisions of Section 148 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force) and subject to the approval of the Central Government, if required, the remuneration amounting to Rs.80,000/- plus service tax and out-of-pocket expenses, as approved by the Board of Directors of the Company to be paid to M/s JSN & Co., (FRN 00455) the Cost Auditors of the Company, appointed by the Board of Directors of the Company to conduct the audit of cost records of the Company for the Financial year ending on March 31, 2025, be and is hereby ratified.”

For Globus Spirits Limited

Place : New Delhi Date : 30/05/2024

(Santosh Kumar Pattanayak) Company Secretary

NOTES:

The Ministry of Corporate Affairs (MCA) vide Circular No. 09/2023 dated 25[th] September 2023 and the SEBI vide Circular no. SEBI/HO/CFD/PoD-2 / CIR/ 2023/4 dated January 5, 2023 permitted holding of the Annual General Meeting (“the Meeting/AGM”) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”), without the physical presence of the Members, Directors, Auditors or other eligible persons at a common venue. In compliance with the provisions of the Companies Act, 2013 (“Act, 2013”), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and aforesaid MCA and SEBI Circulars, the AGM of the Company will be conducted through VC/OAVM.

Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 in respect of special business is annexed hereto.

In accordance with the provisions of Section 108 of the Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI Listing Regulations and in view of the aforesaid MCA and SEBI Circulars, the Company has engaged the services of Link Intime (India) Private Limited (LIIPL) to provide the facility of voting by electronic voting system to all the Members to enable them to cast their votes electronically during the AGM in respect of all the businesses to be transacted at the aforesaid Meeting. The facility of casting the votes by the Members using such electronic voting system from a place other than venue of the AGM (“remote e-voting”) is also provided by LIIPL.

Company is providing two way teleconferencing facility for the ease of participation of the members. The instructions for members attending/ participating in the AGM through VC/ OAVM are provided.

The facility for joining the AGM through VC/OAVM shall be open at least 15 minutes before the time scheduled to start the Meeting and shall not be closed till the expiry of 15 minutes after such scheduled time.

In compliance with the aforesaid MCA Circulars and SEBI Circulars, electronic copy of the Annual Report for the financial year 2023-24 and Notice of the 31[st] AGM of the Company, inter alia , indicating the process and manner of e-voting will be sent only through electronic mode to all the Members whose e-mail IDs are registered with the Company’s Registrar & Share Transfer Agent/ Depository Participant(s) for communication purposes, as the requirement of sending the hard copies of annual report and notice of AGM has been dispensed with. Members may note that the Notice and Annual Report will also be available on the Company’s website www.globusspirits.com, websites of the Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively.

Pursuant to the provisions the Act, a Member entitled to attend and vote at the Meeting is entitled to appoint a proxy to attend and vote on a poll instead of him/her and the proxy need not be a Member of the Company. Since the AGM is being held pursuant to the MCA Circulars, through VC/OAVM, physical attendance of Members has been dispensed with. Accordingly, in line with the

MCA General Circular, the facility for appointment of proxies by the Members will not be available for the AGM and hence the Proxy Form and Attendance Slip are not annexed to this Notice.

Institutional/Corporate Members intending to attend the Meeting are required to send a scan of certified copy of the Board Resolution (JPG/PDF format), pursuant to Section 113 of the Act, 2013, authorizing their representative to attend the Meeting through VC/OAVM on its behalf and vote through remote e-voting. The said Resolution/Authorization shall be sent to the Scrutinizer by email through its registered email address [email protected]

Recorded transcript of the Meeting shall be uploaded on the website of the Company and the same shall also be maintained in safe custody of the Company. The registered office of the company shall be deemed to be the place of Meeting for the purpose of recording of the minutes of the proceedings of this AGM.

The Securities and Exchange Board of India (SEBI) vide its Circular No. CIR / MRD / DP / 10 / 2013 dated March 21, 2013 has mandated all Companies to use approved electronic mode of payment for making cash payments such as dividend to the Members (where core banking details are available) or to print the bank account details of the Members (as per the Company’s records) on the physical payment instruments (in case where the core banking details are not available or electronic payment instructions have failed or rejected by the Bank). Hence, the Members are requested to furnish/update their bank account name & branch, bank account number and account type along with other core banking details such as MICR (Magnetic Ink Character Recognition), IFSC (Indian Financial System Code) etc. at the earliest with their Depository Participants (DPs) in case shares are held in electronic form or with the Registrar & Share Transfer Agent of the Company in case of the shares are held in physical form.

Members are requested to contact the Company’s Registrar & Share Transfer Agent (RTA), Link Intime India Private Limited (LIIPL) Noble Heights, 1st Floor, Plot NH 2 C-1 Block LSC, Near Savitri Market, Janakpuri, New Delhi-110058 (Phone No.: +91-1141410592; Fax No.: +91-11-41410591; Email: delhi@linkintime. co.in) for reply to their queries/redressal of complaints, if any, or contact at the Registered Office of the Company (Phone No.: +91-11-66424600; Email: [email protected] or ir@ globusgroup.in).

Members are requested to intimate changes, if any, pertaining to their name, postal address, email address, telephone/mobile numbers, Permanent Account Number (PAN), mandates, nominations, power of attorney, to their DPs in case shares are held in electronic form or to Company’s RTA i.e. LIIPL in case shares are held in physical form.

Since the AGM is being conducted through VC/OAVM, the route map is not annexed to this notice.

Members who have multiple ledger folios in identical names or joint names in same order are requested to intimate/send the concerned share certificates quoting their ledger folios of such accounts to enable the Registrar & Transfer Agent to consolidate all such shareholdings into one folio.

The record date for the purpose of e-voting and dividend distribution is 22[nd] August 2024 and the Register of Members and Share Transfer Books of the Company will remain closed from 23[rd] August, 2024 to 29[th] August, 2024 (both days inclusive).

Members intending to seek any information on the Annual Accounts at the meeting are requested to inform the Company in writing at least one week prior to the date of the meeting.

The Company is extending its offer of e-voting facility as an alternative, for its members to enable them to cast their votes electronically instead of physical ballot.

In compliance with provisions of Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, the Company is pleased to provide members facility to exercise their right to vote at the 31[st] Annual General Meeting (AGM) by electronic means and the business may be transacted through e-Voting Services provided by Link Intime India Private Limited. (“LIIPL”):

The instructions for shareholders voting electronically are as under:

The voting period begins on 26[th] August 2024 at 9.30 A.M. and ends on 28[th] August 2024 at 5.30 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 22[nd] August 2024, may cast their vote electronically. The e-voting module shall be disabled by LLIPL for voting thereafter.

Shareholders who have already voted prior to the meeting date would not be entitled to vote at the meeting venue.

Remote e-Voting Instructions for shareholders:

As per the SEBI circular dated December 9, 2020 and its amendment and modifications from time to time, individual shareholders holding securities in demat mode can register directly with the depository or will have the option of accessing various ESP portals directly from their demat accounts.

Login method for Individual shareholders holding securities in demat mode is given below:

Individual Shareholders holding securities in demat mode with NSDL
Existing IDeAS user can visit the e-Services website of NSDL viz... https://eservices.nsdl.com either on a personal computer or on a mobile. On the e-Services home page click on the “Beneficial Owner” icon under “Login”” which is available under ‘IDeAS’ section, this will prompt you to enter your existing User ID and Password. After successful authentication, you will be able to see e-Voting services under Value added 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 provider name i.e. LINKINTIME and you will be re-directed to “InstaVote” website for casting your vote during the remote e-Voting period.
If you are not registered for IDeAS e-Services, option to register is available at https://eservices.nsdl.com Select “Register Online for IDeAS Portal” or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a personal computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen-digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider name i.e. LINKINTIME and you will be redirected to “InstaVote” website for casting your vote during the remote e-Voting period.
Individual Shareholders holding securities in demat mode with CDSL
Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. The option will be made available to reach e-Voting page without any further authentication. The users to login Easi / Easiest are requested to visit CDSL website www.cdslindia.com and click on login icon & New System Myeasi Tab and then use your existing my easi username & password.
After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the evoting is in progress as per the information provided by the company. On clicking the evoting option, the user will be able to see e-Voting page of the e-Voting service provider i.e. LINKINTIME for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. Additionally, there are also links provided to access the system of all e-Voting Service Providers, so that the user can visit the e-Voting service providers’ website directly.
If the user is not registered for Easi/Easiest, the option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option.
Alternatively, the user can directly access the e-Voting page by providing Demat Account Number and PAN No. from a e-Voting 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, the user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-Voting Service Providers.
Individual Shareholders (holding securities in demat mode) login through their depository participants You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e-Voting facility. After Successful login, you will be able to see e-Voting option. Once you click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-Voting

feature. Click on the company name or e-Voting service provider name i.e. LinkIntime and you will be redirected to e-Voting service provider website for casting your vote during the remote e-Voting period.

Login method for Individual shareholders holding securities in physical form/ Non-Individual Shareholders holding securities in demat mode is given below:

Individual Shareholders of the company, holding shares in physical form / Non-Individual Shareholders holding securities in demat mode as on the cut-off date for e-voting may register for e-Voting facility of Link Intime as under:

Open the internet browser and launch the URL: https://instavote.linkintime.co.in
Click on “Sign Up” under ‘SHARE HOLDER’ tab and register with your following details: -

A. User ID:

Shareholders holding shares in physical form shall provide Event No + Folio Number registered with the Company. Shareholders holding shares in NSDL demat account shall provide 8 Character DP ID followed by 8 Digit Client ID; Shareholders holding shares in CDSL demat account shall provide 16 Digit Beneficiary ID.

B. PAN: Enter your 10-digit Permanent Account Number (PAN) (Shareholders who have not updated their PAN with the Depository Participant (DP)/ Company shall use the sequence number provided to you, if applicable.

C. DOB/DOI: Enter the Date of Birth (DOB) / Date of Incorporation (DOI) (As recorded with your DP / Company - in DD/MM/ YYYY format)
D. Bank Account Number: Enter your Bank Account Number (last four digits), as recorded with your DP/Company.
Shareholders holding shares in physical form but have not recorded ‘C’ and ‘D’, shall provide their Folio number in ‘D’
above
Shareholders holding shares in NSDL form , shall provide ‘D’ above
Set the password of your choice (The password should contain minimum 8 characters, at least one special Character (@!#$&*), at least one numeral, at least one alphabet and at least one capital letter).
Click “confirm” (Your password is now generated).
Click on ‘Login’ under ‘SHARE HOLDER’ tab.
Enter your User ID, Password and Image Verification (CAPTCHA) Code and click on ‘Submit’.

Cast your vote electronically:

After successful login, you will be able to see the notification for e-voting. Select ‘View’ icon .
E-voting page will appear.
Refer the Resolution description and cast your vote by selecting your desired option ‘Favour / Against’ (If you wish to view the entire Resolution details, click on the ‘View Resolution’ file link).
After selecting the desired option i.e. Favour / Against, click on ‘Submit’. A confirmation box will be displayed. If you wish to confirm your vote, click on ‘Yes’, else to change your vote, click on ‘No’ and accordingly modify your vote.

Guidelines for Institutional shareholders:

Institutional shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodians are required to log on the e-voting system of LIIPL at https://instavote.linkintime.co.in and register themselves as ‘Custodian / Mutual Fund / Corporate Body’ . They are also required to upload a scanned certified true copy of the board resolution /authority letter/power of attorney etc. together with attested specimen signature of the duly authorised representative(s) in PDF format in the ‘Custodian / Mutual Fund / Corporate Body’ login for the Scrutinizer to verify the same.

Helpdesk for Individual Shareholders holding securities in physical mode/ Institutional shareholders:

Shareholders facing any technical issue in login may contact Link Intime INSTAVOTE helpdesk by sending a request at enotices@ linkintime.co.in or contact on: - Tel: 022 – 4918 6000.

Helpdesk for Individual Shareholders holding securities in demat mode:

Individual Shareholders holding securities in demat mode may contact the respective helpdesk for any technical issues related to login through Depository i.e. NSDL and CDSL.

Login type	Helpdesk details	Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL	Members f request at	acing any technical issue in login can contact NSDL helpdesk by sending a [email protected] call at : 022 - 4886 7000 and 022 - 2499 7000
Individual Shareholders holding securities in demat mode with CDSL	Members f request at	acing any technical issue in login can contact CDSL helpdesk by sending a [email protected] contact at toll free no. 1800 22 55 33

Individual Shareholders holding securities in Physical mode has forgotten the password:

If an Individual Shareholders holding securities in Physical mode has forgotten the USER ID [Login ID] or Password or both then the shareholder can use the “Forgot Password” option available on the e-Voting website of Link Intime: https://instavote.linkintime.co.in

o Click on ‘Login’ under ‘SHARE HOLDER’ tab and further Click ‘forgot password?’ o Enter User ID, select Mode and Enter Image Verification code (CAPTCHA). Click on “SUBMIT”.

In case shareholders is having valid email address, Password will be sent to his / her registered e-mail address. Shareholders can set the password of his/her choice by providing the information about the particulars of the Security Question and Answer, PAN, DOB/DOI, Bank Account Number (last four digits) etc. as mentioned above. The password should contain minimum 8 characters, at least one special character (@!#$&*), at least one numeral, at least one alphabet and at least one capital letter. User ID for Shareholders holding shares in Physical Form (i.e. Share Certifcate): Your User ID is Event No + Folio Number registered with the Company

Individual Shareholders holding securities in demat mode with NSDL/ CDSL has forgotten the password:

Shareholders who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned depository/ depository participants website.

It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.
For shareholders/ members holding shares in physical form, the details can be used only for voting on the resolutions contained in this Notice.
During the voting period, shareholders/ members can login any number of time till they have voted on the resolution(s) for a particular “Event”.

Process and manner for attending the Annual General Meeting through InstaMeet:

1 Open the internet browser and launch the URL: https://instameet.linkintime.co.in
Select the “Company” and ‘Event Date’ and register with your following details: - A. Demat Account No. or Folio No: Enter your 16 digit Demat Account No. or Folio No
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 - Shareholders/ members holding shares in **CDSL demat account shall provide 16 Digit Beneficiary ID** •   Shareholders/ members holding shares in **NSDL demat account shall provide 8 Character DP ID followed by 8 Digit Client ID**

 - Shareholders/ members holding shares in **physical form shall provide** Folio Number registered with the Company
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- B. PAN: Enter your 10-digit Permanent Account Number (PAN) (Members who have not updated their PAN with the Depository Participant (DP)/ Company shall use the sequence number provided to you, if applicable.
- C. Mobile No.: Enter your mobile number.
- D. Email ID: Enter your email id, as recorded with your DP/Company.
Click “Go to Meeting” (You are now registered for InstaMeet and your attendance is marked for the meeting).

Please refer the instructions (annexure) for the software requirements and kindly ensure to install the same on the device which would be used to attend the meeting. Please read the instructions carefully and participate in the meeting. You may also call upon the InstaMeet Support Desk for any support on the dedicated number provided to you in the instruction/ InstaMEET website.

Instructions for Shareholders/ Members to Speak during the Annual General Meeting through InstaMeet:

Shareholders who would like to speak during the meeting must register their request 3 days in advance with the company on the email id of the company at [email protected], [email protected].
Shareholders will get confirmation on first cum first basis depending upon the provision made by the client.
Shareholders will receive “speaking serial number” once they mark attendance for the meeting.
Other shareholder may ask questions to the panellist, via active chat-board during the meeting.
Please remember speaking serial number and start your conversation with panellist by switching on video mode and audio of your device.
Shareholders are requested to speak only when moderator of the meeting/ management will announce the name and serial number for speaking.

Instructions for Shareholders/ Members to Vote during the Annual General Meeting through InstaMeet:

Once the electronic voting is activated by the scrutinizer/ moderator during the meeting, shareholders/ members who have not exercised their vote through the remote e-voting can cast the vote as under:

On the Shareholders VC page, click on the link for e-Voting “Cast your vote”
Enter your 16 digit Demat Account No. / Folio No. and OTP (received on the registered mobile number/ registered email Id) received during registration for InstaMEET and click on ‘Submit’.
After successful login, you will see “Resolution Description” and against the same the option “Favour/ Against” for voting.
Cast your vote by selecting appropriate option i.e. “Favour/Against” as desired. Enter the number of shares (which represents no. of votes) as on the cut-off date under ‘Favour/Against’.
After selecting the appropriate option i.e. Favour/Against as desired and you have decided to vote, click on “Save”. A confirmation box will be displayed. If you wish to confirm your vote, click on “Confirm”, else to change your vote, click on “Back” and accordingly modify your vote.
Once you confirm your vote on the resolution, you will not be allowed to modify or change your vote subsequently.

Note: Shareholders/ Members, who will be present in the Annual General Meeting through InstaMeet 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 facility during the meeting. Shareholders/ Members who have voted through Remote e-Voting prior to the Annual General Meeting will be eligible to attend/ participate in the Annual General Meeting through InstaMeet. However, they will not be eligible to vote again during the meeting.

Shareholders/ Members are encouraged to join the Meeting through Tablets/ Laptops connected through broadband for better experience.

Shareholders/ Members are required to use Internet with a good speed (preferably 2 MBPS download stream) to avoid any disturbance during the meeting.

Please note that Shareholders/ Members connecting from Mobile Devices or Tablets or through Laptops connecting via Mobile Hotspot may experience Audio/Visual loss due to fluctuation in their network. It is therefore recommended to use stable Wi-FI or LAN connection to mitigate any kind of aforesaid glitches.

In case shareholders/ members have any queries regarding login/ e-voting, they may send an email to [email protected] or contact on: - Tel: 022-49186175.

Guidelines to attend the AGM proceedings of Link Intime India Pvt. Ltd.: InstaMEET

For a smooth experience of viewing the AGM proceedings of Link Intime India Pvt. Ltd. InstaMEET, shareholders/ members who are registered as speakers for the event are requested to download and install the Webex application in advance by following the instructions as under:

a) Please download and install the Webex application by clicking on the link https://www.webex.com/downloads.html/

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Step 1 Enter your First Name, Last Name and Email ID and click on Join Now.

1 (A) If you have already installed the Webex application on your device, join the meeting by clicking on Join Now 1 (B) If Webex application is not installed, a new page will appear giving you an option to either Add Webex to chrome or Run a temporary application. Click on Run a temporary application, an exe file will be downloaded. Click on this exe file to run the application and join the meeting by clicking on Join Now

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or

b) If you do not want to download and install the Webex application, you may join the meeting by following the process mentioned as under:

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The voting rights of Members shall be in proportion to their shares of the paid up equity share capital of the Company as on the cut-off date (record date) of 22[nd] August 2024.

Mr. Sundeep Kumar Parashar, FCS, Company Secretary in Practice has been appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner.

The Scrutinizer shall unblock the votes in the presence of at least two(2) witnesses not in the employment of the Company and make a Scrutinizer’s Report of the votes cast in favour or against, if any, forthwith to the Chairman of the Company.

The Results declared along with the Scrutinizer’s Report shall be placed on the Company’s website www.globusspirits. com and on the website of Link Intime within two(2) days of passing of the resolutions at the AGM of the Company and communicated to the BSE Limited and the National Stock Exchange of India Limited.

Details of the Directors seeking appointment/reappointment at the forthcoming Annual General Meeting (Pursuant to (i) the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and (ii) Secretarial Standard on General Meetings (“SS-2”), issued by the Institute of Company Secretaries of India:):

13 1. Details of the Directors seeking appointment/reappointment at the forthcoming Annual General Meeting (Pursuant to (i) the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and (ii) Secretarial Standard on General Meetings (“SS-2”), issued by the Institute of Company Secretaries of India:): Name Dr. Bhaskar Roy Ms. Ruchika Bansal Mr. Amit Bhatiani Age 61 Years 44 Years 53years Qualifcations M.Com, FCA, PHD Commerce graduate from SRCC and PGDM (MBA) MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology. Nature of Expertise in specifc functional area & Skill and Capabilities He is a Chartered Accountant since 1987, he began his career at Asiatic Oxygen Limited. He is an accomplished professional who earned his PhD in Commerce from Rohilkhand University while he worked at Dhampur Sugar Mills. As the CFO of Globus Spirits, he successfully led the company’s IPO. In his current role as Executive Director & Chief Operating Offcer, he also handles the Eastern units in West Bengal and Bihar, along with the value liquor sales in Haryana and West Bengal. He has vast experience in Strategic Financial Planning & controlling, Fund Management, Accounts, Auditing, Budgeting and MIS and operations etc. She is a management consultant with over 12 years of work experience, specializing in corporate fnance and business strategy. Prior to founding Tarvos Consulting Services Pvt Ltd, a company engaged in fnance and strategy consulting, she worked as an investment banker advising companies in the areas of mergers & acquisitions and private equity syndication. Ms Bansal is a commerce graduate from SRCC (Delhi University) and holds a Post Graduate Diploma in Management from MDI, Gurgaon.She has specialization in corporate fnance & business strategy and an expert in various fund raising activities. He is managing partner of Canopy Advisors LLP, an investment partnership. Prior to Canopy, he co-founded and was a partner at CX Partners, a private equity partnership. Prior to CX, he was a portfolio manager at Duma Capital, an investment partnership based in New York. Prior to Duma, Amit was a portfolio manager at the Clinton Group, an investment partnership in New York, where he co-managed the Clinton Event Driven Fund. He has an MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology. Mr. Amit sits on several private company boards and has been an observer on the board of KPIT.He has vast experience in various areas in the Capital Markets in India and Overseas. Date of appointment as Director of the Company 22.10.2009 28.03.2015 30.05.2024 Directorship of other Public companies # Nil M/s PG Electroplast Limited Nil Chairman/Member of Committees of other Companies Nil Member – Audit Committee in M/s PG Electroplast Limited Nil No. of shares held 1100 Nil Nil Inter-se relationship with other Directors NIL NIL Nil Note: #. Private Limited Companies, Foreign Companies and companies under Section 8 of the companies Act, 2013 are excluded for the above purposes. Shares held by Directors are considered as on 31/03/2024. 2. The Company has paid the listing fees for year 2023-24 to both the Stock Exchanges i.e. NSE and BSE, where its’ securities are listed.	13 1. Details of the Directors seeking appointment/reappointment at the forthcoming Annual General Meeting (Pursuant to (i) the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and (ii) Secretarial Standard on General Meetings (“SS-2”), issued by the Institute of Company Secretaries of India:): Name Dr. Bhaskar Roy Ms. Ruchika Bansal Mr. Amit Bhatiani Age 61 Years 44 Years 53years Qualifcations M.Com, FCA, PHD Commerce graduate from SRCC and PGDM (MBA) MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology. Nature of Expertise in specifc functional area & Skill and Capabilities He is a Chartered Accountant since 1987, he began his career at Asiatic Oxygen Limited. He is an accomplished professional who earned his PhD in Commerce from Rohilkhand University while he worked at Dhampur Sugar Mills. As the CFO of Globus Spirits, he successfully led the company’s IPO. In his current role as Executive Director & Chief Operating Offcer, he also handles the Eastern units in West Bengal and Bihar, along with the value liquor sales in Haryana and West Bengal. He has vast experience in Strategic Financial Planning & controlling, Fund Management, Accounts, Auditing, Budgeting and MIS and operations etc. She is a management consultant with over 12 years of work experience, specializing in corporate fnance and business strategy. Prior to founding Tarvos Consulting Services Pvt Ltd, a company engaged in fnance and strategy consulting, she worked as an investment banker advising companies in the areas of mergers & acquisitions and private equity syndication. Ms Bansal is a commerce graduate from SRCC (Delhi University) and holds a Post Graduate Diploma in Management from MDI, Gurgaon.She has specialization in corporate fnance & business strategy and an expert in various fund raising activities. He is managing partner of Canopy Advisors LLP, an investment partnership. Prior to Canopy, he co-founded and was a partner at CX Partners, a private equity partnership. Prior to CX, he was a portfolio manager at Duma Capital, an investment partnership based in New York. Prior to Duma, Amit was a portfolio manager at the Clinton Group, an investment partnership in New York, where he co-managed the Clinton Event Driven Fund. He has an MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology. Mr. Amit sits on several private company boards and has been an observer on the board of KPIT.He has vast experience in various areas in the Capital Markets in India and Overseas. Date of appointment as Director of the Company 22.10.2009 28.03.2015 30.05.2024 Directorship of other Public companies # Nil M/s PG Electroplast Limited Nil Chairman/Member of Committees of other Companies Nil Member – Audit Committee in M/s PG Electroplast Limited Nil No. of shares held 1100 Nil Nil Inter-se relationship with other Directors NIL NIL Nil Note: #. Private Limited Companies, Foreign Companies and companies under Section 8 of the companies Act, 2013 are excluded for the above purposes. Shares held by Directors are considered as on 31/03/2024. 2. The Company has paid the listing fees for year 2023-24 to both the Stock Exchanges i.e. NSE and BSE, where its’ securities are listed.	13 1. Details of the Directors seeking appointment/reappointment at the forthcoming Annual General Meeting (Pursuant to (i) the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and (ii) Secretarial Standard on General Meetings (“SS-2”), issued by the Institute of Company Secretaries of India:): Name Dr. Bhaskar Roy Ms. Ruchika Bansal Mr. Amit Bhatiani Age 61 Years 44 Years 53years Qualifcations M.Com, FCA, PHD Commerce graduate from SRCC and PGDM (MBA) MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology. Nature of Expertise in specifc functional area & Skill and Capabilities He is a Chartered Accountant since 1987, he began his career at Asiatic Oxygen Limited. He is an accomplished professional who earned his PhD in Commerce from Rohilkhand University while he worked at Dhampur Sugar Mills. As the CFO of Globus Spirits, he successfully led the company’s IPO. In his current role as Executive Director & Chief Operating Offcer, he also handles the Eastern units in West Bengal and Bihar, along with the value liquor sales in Haryana and West Bengal. He has vast experience in Strategic Financial Planning & controlling, Fund Management, Accounts, Auditing, Budgeting and MIS and operations etc. She is a management consultant with over 12 years of work experience, specializing in corporate fnance and business strategy. Prior to founding Tarvos Consulting Services Pvt Ltd, a company engaged in fnance and strategy consulting, she worked as an investment banker advising companies in the areas of mergers & acquisitions and private equity syndication. Ms Bansal is a commerce graduate from SRCC (Delhi University) and holds a Post Graduate Diploma in Management from MDI, Gurgaon.She has specialization in corporate fnance & business strategy and an expert in various fund raising activities. He is managing partner of Canopy Advisors LLP, an investment partnership. Prior to Canopy, he co-founded and was a partner at CX Partners, a private equity partnership. Prior to CX, he was a portfolio manager at Duma Capital, an investment partnership based in New York. Prior to Duma, Amit was a portfolio manager at the Clinton Group, an investment partnership in New York, where he co-managed the Clinton Event Driven Fund. He has an MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology. Mr. Amit sits on several private company boards and has been an observer on the board of KPIT.He has vast experience in various areas in the Capital Markets in India and Overseas. Date of appointment as Director of the Company 22.10.2009 28.03.2015 30.05.2024 Directorship of other Public companies # Nil M/s PG Electroplast Limited Nil Chairman/Member of Committees of other Companies Nil Member – Audit Committee in M/s PG Electroplast Limited Nil No. of shares held 1100 Nil Nil Inter-se relationship with other Directors NIL NIL Nil Note: #. Private Limited Companies, Foreign Companies and companies under Section 8 of the companies Act, 2013 are excluded for the above purposes. Shares held by Directors are considered as on 31/03/2024. 2. The Company has paid the listing fees for year 2023-24 to both the Stock Exchanges i.e. NSE and BSE, where its’ securities are listed.

	13

Note: #. Private Limited Companies, Foreign Companies and companies under Section 8 of the companies Act, 2013 are excluded for the above purposes.

Shares held by Directors are considered as on 31/03/2024.
The Company has paid the listing fees for year 2023-24 to both the Stock Exchanges i.e. NSE and BSE, where its’ securities are listed.

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013.

ITEM No. 4

Ms. Ruchika Bansal, aged 44 years, Director of our company is on the Board since 28th March 2015 and Pursuant to the applicability of Companies Act, 2013, she has been appointed as Independent Director for a consecutive period of 5 financial years and her tenure of 1st term as Independent Director in the company is expiring w.e.f. 31st March 2025. Accordingly the Board of Directors have proposed her appointment in the company as an Independent Director for 2nd consecutive term of 5 financial years from 01st April 2025 till 31st March 2030. Her brief profile, educational qualification and other detailed information required to be disclosed pursuant to the Companies Act, 2013 and SEBI (LODR) Regulations, 2015 is given above as a part of AGM Notice. As required, under SEBI (LODR) Regulations, 2015, her continuation as a Non-executive and Independent Director in the Board of the company for 2nd consecutive period of 5 financial years is attracting the consent of the shareholder by way of special resolution in the forth coming AGM of the company. Accordingly, the Board recommends the resolution to be passed by the shareholders as per the requirements of the Companies Act, 2013.Brief Profile and educational qualification of Ms. Ruchika Bansal is as below:-

Ruchika Bansal is a management consultant with over 20 years experience, specializing in corporate finance and business strategy. Ruchika started her career in financial research working with global investment banking and private equity clients. Subsequently, she worked as an investment banker advising companies in areas of mergers & acquisitions (cross-border and domestic) and private equity syndication. Ruchika is a Commerce graduate from SRCC and PGDM (MBA) from MDI Gurgaon..

None of the Directors, Key Managerial Personnel, Manager or their relatives except Ms. Ruchika Bansal is interested in the resolution.

Your directors recommend the Resolution set out in Item No.4 as Special Resolution for your approval.

ITEM. 5 .

The Board of Directors, on the recommendation of the Nomination & Remuneration Committee, had appointed Shri Amit Bhatiani ( DIN: 02968014), as an Additional Director (Non-Executive & Independent) in its meeting held on the 30[th] day of May, 2024, who is liable to retire by rotation, pursuant to Section 161 of the Companies Act, 2013 to hold office up-to the date of ensuing Annual General Meeting of the Company.

The Board noted that Shri Amit Bhatiani’s skills, knowledge and experience are aligned to the role and capabilities and that he is eligible for appointment as an Independent Director..

In terms of Section 160 of the Companies Act, 2013, the Company has received a Notice in writing from a Member of the Company signifying his intention for proposing the candidature of Shri Amit Bhatiani, for the office of Independent Director of the Company.

Mr. Amit is managing partner of Canopy Advisors LLP, an investment partnership. Prior to Canopy, he co-founded and was a partner at CX Partners, a private equity partnership. Prior to CX, he was a portfolio manager at Duma Capital, an investment partnership based in New York. Prior to Duma, Amit was a portfolio manager at the Clinton Group, an investment partnership in New York, where he co-managed the Clinton Event Driven Fund. He has an MBA (highest honors) from Columbia University and a BS from the Rose-Hulman Institute of Technology..

The Board is of the opinion that Shri Bhatiani’s rich and diverse experience is a valuable asset to the Company which adds value and enriched point of view during Board discussions and decision making.

The Board of Directors recommends the appointment of Shri Bhatiani as an Independent Director of the Company, to hold office for his 1st term of five consecutive years from 30th May 2024.

None of the Directors, Key Managerial Personnel or their relatives are, in any way, concerned or interested, financially or otherwise, in the above Resolution.

Your directors recommend the Resolution set out in Item No.5 as an Ordinary Resolution for your approval.

ITEM No. 6

Your Board of Directors proposes to approve the remuneration of Sh. Ajay Kumar Swarup, the Managing Director of the company w.e.f. 01[st] April 2024. As per provisions of Section196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule V of the Companies Act, 2013, and pursuant to the provisions of Article of Association of the company, such approval in remuneration of Sh. Ajay Kumar Swarup requires confirmation of Share Holders of the company by passing Special Resolution in the General Meeting of the company. Accordingly, the Board recommends the resolution to be passed by the shareholders as per the requirements of the Companies Act, 2013.

The information required to be given as per Section II of Part II of Schedule V of the Companies Act, 2013 is detailed below:

I) General Information : Refer Annexure - 1

Information about Sh. Ajay Kumar Swarup :	Information about Sh. Ajay Kumar Swarup :	Information about Sh. Ajay Kumar Swarup :
(1)	Background Details	He has over 40 years of experience in the alcohol and distillery industry and in addition to day-to-day affairs of the company he is responsible for business policies, strategic decisions, business development etc.
(2)	Past Remuneration	2021-22 : Rs.2,46,75,002/- 2022-23 : Rs.5,14,21,250/- 2023-24 : Rs.5,43,75,000/-
(3)	Qualifcation & Expertise	He graduated in B.A.(Honours) Economics from St. Stephens College, Delhi University and PGDBM from the Indian Institute of Management, Kolkata and havingmore than 40 years ofexpertisein Alcohol Industry
(4)	Job Profle & Proposed Remuneration	He is responsible for overall business operations and growth of the company andhis proposedremuneration is asmentionedintheResolution.
(5)	Comparative Remuneration	Suitable in view of the Industry Standards and his vast experience and professionalqualifcations of Mr. AjayKumarSwarup.
(6)	Pecuniary Relationship with the company or Relationship with theManagerial Personnel	Sh. Ajay Kumar Swarup is the father of Sh. Shekhar Swarup, Joint Managing Director of the Company. Sh. Ajay Kumar Swarup has no other pecuniary relationship excepthisremuneration.

III) Other Information: Refer Annexure - 2

IV) Disclosures:

Remuneration Package	As mentioned in Resolution.
Other information	Asper Corporate Governance Report

None of the Directors, Key Managerial Personnel, Manager of the company or their relatives except Sh. Ajay Kumar Swarup and Sh. Shekhar Swarup and their relatives has any interest in the proposed resolution. Your directors recommend the Resolution set out in Item No.6 as Special Resolution for your approval.

ITEM No. 7

Your Board of Directors proposes to approve the remuneration of Sh. Shekhar Swarup, the Joint Managing Director of the company w.e.f. 01[st] April 2024. As per provisions of Section196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule V of the Companies Act, 2013, and pursuant to the provisions of Article of Association of the company, such approval in remuneration of Sh. Shekhar Swarup requires confirmation of Share Holders of the company by passing Special Resolution in the General Meeting of the company. Accordingly, the Board recommends the resolution to be passed by the shareholders as per the requirements of the Companies Act, 2013.

The information required to be given as per Section II of Part II of Schedule V of the Companies Act, 2013 is detailed below:

I) General Information : Refer Annexure - 1 II) Information about Sh. Shekhar Swarup :

(1)	Background Details	He has over 16 years of experience in the alcohol and distillery industry and in addition to day-to-day affairs of the company he is a strategic planner and a marketeratheart,he started up the brandedliquors division inthe company.
(2)	Past Remuneration	2021-22 : Rs.2,11,50,000/- 2022-23 : Rs.4,69,32,500/- 2023-24 : Rs.4,87,50,000/-
(3)	Qualifcation & Expertise	He has completed his schooling from The Doon School, Dehradun and is a graduate in Business Management from the University of Bradford, UK. He is a Charter Member of TiE, New Delhi and having more than 16 years of experience
(4)	Job Profle & Proposed Remuneration	He is responsible for overall business operations and growth of the company andhis proposedremuneration is asmentionedintheResolution.
(5)	Comparative Remuneration	Suitable in view of the Industry Standards and his vast experience and professional qualifcations of Sh. Shekhar Swarup.
(6)	Pecuniary Relationship with the company or Relationship with the Managerial Personnel	Sh. Shekhar Swarup is the son of Sh. Ajay Kumar Swarup, Managing Director of the Company. Sh. Shekhar Swarup has no other pecuniary relationship except his remuneration.

III) Other Information: Refer Annexure - 2

IV) Disclosures:

Other Information: Refer Annexure - 2 Disclosures:
Remuneration Package	As mentioned in Resolution.
Other information	Asper Corporate Governance Report

Your directors recommend the Resolution set out in Item No.7 as Special Resolution for your approval.

ITEM No. 8

Your Board of Directors proposes to approve the remuneration of Dr. Bhaskar Roy, the Executive Director of the company w.e.f. 01[st] April 2024. As per provisions of Section196, 197, 203 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule V of the Companies Act, 2013, and pursuant to the provisions of Article of Association of the company, such increase in remuneration payable to Dr. Bhaskar Roy requires confirmation of Share Holders of the company by passing Ordinary Resolution in the General Meeting of the company. Accordingly, the Board recommends the resolution to be passed by the shareholders as per the requirements of the Companies Act, 2013.

The information required to be given as per Section II of Part II of Schedule V of the Companies Act, 2013 is detailed below:

I) General Information : Refer Annexure - 1
II) Information about Dr. Bhaskar Roy :

(1)	Background Details	He is M.Com, FCA, PHD and having more than 30 years of experience and is having vast experience in Strategic Financial Planning & controlling, Fund Management,Accounts,Auditing,Budgetingand MIS and operations etc..
(2)	Past Remuneration	2021-22 : Rs.96,97,160/- 2022-23 : Rs.94,76,238/- 2023-24 : Rs.1,01,38,163/-
(3)	Qualifcation & Expertise	He is a Chartered Accountant and Doctorate in Commerce and has over 35 years of experience in the areas of Strategic Financial Planning, Fund Management, Accounts, Auditing, Budgeting and MIS. He has expertise in designing internal control systems for accomplishment of corporate business goals, is a keen analyst with relationship management skills and has ability to liaison with Banks,Financial Institutions and other external agencies.

(4)	Job Profle & Proposed Remuneration	He is responsible for overall business operations and growth of the company and hisproposed remuneration is as mentioned in the Resolution.
(5)	Comparative Remuneration	Suitable in view of the Industry Standards and his vast experience and professionalqualifcations of Dr. Bhaskar Roy.
(6)	Pecuniary Relationship with the company or Relationship with the Managerial Personnel	Dr. Bhaskar Roy does not have any other pecuniary relationship other than his remuneration and is also not related to any managerial personnel of the Company.

III) Other Information: Refer Annexure - 2 IV) Disclosures:

Remuneration Package As mentioned in Resolution. Other information As per Corporate Governance Report

None of the Directors, Key Managerial Personnel, Manager or their relatives of the company except Dr. Bhaskar Roy has any interest in the proposed resolution.

Your directors recommend the Resolution set out in Item No.8 as Special Resolution for your approval.

ITEM No. 9

Ms. Devika Swarup, working as the Head-Developments (Projects) in the company since last 3 years, is a relative of the promoter(s) (Daughter of Mr. Ajay Kumar Swarup, Managing Director of the company) in terms of applicable provisions Companies Act, 2013 is holding office of place of profit in the company. In terms of Section 188 of Companies Act, 2013, no company shall enter into related party transactions with related party in respect to any office or place of profit subject to approval by the Board and Shareholders of the company. Further, on the recommendation of Nomination and Remuneration Committee and Audit Committee, the Board of Directors in its meeting held on 30th May, 2024 approved the remuneration structure payable to Ms. Devika Swarup as specified in the resolution along with other perquisites from April 01, 2024, subject to approval by shareholders. The Details of remuneration payable to Ms. Devika Swarup is given in resolution no. 9.

Qualification & Expertise : Ms. Devika Swarup has a Bachelor’s degree in Painting from Delhi University and a Post Graduate in Fine Art from London. She was moved to work for women’s entrepreneurship when she discovered a lack of credible mentoring for women while she sought to establish herself as an art entrepreneur. She seeks to create a community and a support network for aspiring entrepreneurs to fill gaps created by a paucity of formal jobs for women in the workforce.

The Board recommends the resolutions set out at Item No. 9 of the accompanying Notice for your approval as ordinary resolutions. Except, Mr. Ajay Kumar Swarup, Managing Director and Mr. Shekhar Swarup, Joint Managing Director (being relatives of Ms. Devika Swarup), none of the other Directors, Key Managerial Personnel and their relatives are concerned or interested, financially or otherwise, in this resolution.

ITEM No. 10

The Board of Directors at its meeting held on 30[th] May, 2024 appointed M/s. JSN & Co., Cost Accountants as the Cost Auditor to conduct audit of cost accounting records maintained by the Company for various products manufactured by the Company for the year ending on 31/03/2025, at a remuneration amounting to Rs.80,000/- plus service tax and out-of-pocket expenses.. In terms of the provisions of Section 148(3) of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, the remuneration payable to Cost Auditor shall be ratified by the shareholders of the Company.

Accordingly, consent of the members is sought for approving the Ordinary Resolution as set out in Item No. 10 for ratification by the shareholders at the ensuing Annual General Meeting of the Company. None of the Directors, Key Managerial Personnel, Manager or their relatives are concerned or interested in the proposed Resolution.

ANNEXURE - 1

I) General Information:

(1)	Nature of Industry	Globus Spirits Limited is a leading spirits Company in India with a 360 degree portfolio of bulk alcohol, bottled liquors of various owned brands as well as bottlingoperations for India’s topIMFL companies.
(2)	Year of commencement of commercialproduction :	1993-94.
(3)	In case of new companies, expected date of commencement of activities as per project approved by fnancial institutions appearingin theprospectus :	Not Applicable

(4) Financial Performance based on the given indicators:

(Rs. Lakhs)

			(Rs. Lakhs)
Particulars	Financial Year 2021-22	Financial Year 2022-23	Financial Year 2023-24
Sales	234383.64	282246.84	314722.53
Other Income	662.52	782.95	1352.94
Total Income	235046.16	283029.79	316075.47
Expenditure	206922.13	257688.76	297765.30
Depreciation	4256.07	5633.03	6560.22
Interest	1143.32	1701.30	2678.91
Proft / (Loss) after exceptional items and before tax	28124.03	18006.69	9071.04
Provision for taxation (including Deferred tax)	9398.60	5786.89	(532.85)
Proft /(Loss)after tax	18725.43	12219.80	9603.89

(5) Export performance based on the given indicators During the year 2023-24, total export performance were Rs.70.60crores. (6) Foreign investments or collaborators, if any …. Not Applicable ….

ANNEXURE – 2

III) Other Information:

(1)	Proftability Position	The fnancial performance of GSL was marginally higher as compare to previous years. Further, interest cost and depreciation/amortization of Fixed Assets were also another factors effectingthe fnancialperformance of the Company.
(2)	Steps taken or proposed to be taken for improvement of fnancial position and proftability	The Company has taken the following steps to negate the adverse impact in the coming years – 1) Improvement in Productivity 2) Higher capacity utilization & value added by-products 3)Increase in realization of variousproducts.
(3)	Expected increase in productivity andprofts in measurable terms	With the above measures, the operating effciencies and profts of the Company is expected to increase.

Place : New Delhi Date : 30/05/2024

By Order of the Board For Globus Spirits Limited (Santosh Kumar Pattanayak) Company Secretary

AI assistant

Globus Spirits Limited AGM Information 2024

61816_rns_2024-08-03_70dba742-5a3d-4708-9fbc-97add0956f1d.pdf

Scrip- EQ, Code: 533104

Sub: Annual Report, AGM No ce & Book Closure In ma on