Gopal Snacks Limited — AGM Information 2024

Sep 28, 2024

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Ref: GSL/SE/CS/AGM 2024

Date: 28[th] September 2024

BSE Limited Department of Corporate Services, Pheroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

National Stock Exchange Limited

Exchange Plaza, 5[th] Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Mumbai – 400051

Script code: 544140

Symbol: GOPAL

Sub: Proceeding of the 15[th] Annual General Meeting of Gopal Snacks Limited (“the Company”)

Dear Sir / Madam,

Pursuant to Regulation 30 read with Para A of Part A of Schedule-III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith a summary of the proceeding of 15[th] Annual General Meeting of the Company held on Saturday, 28th September 2024 at 11:00 AM (IST) at Registered office of the Company situated at Plot No. G2322-23-24, GIDC, Metoda, Tal - Lodhika, Dist - Rajkot – 360021 Gujarat. India.

The enclosed summary of proceeding of 15[th] AGM will be available on the website of the Company viz. www.gopalnamkeen.com

Please acknowledge and take on your record. Thanking You.

Yours Faithfully, For, GOPAL SNACKS LIMITED

Gangani Digitally signed by Gangani Mayur Mayur Popatbhai Date: 2024.09.28 Popatbhai 13:21:51 +05'30' CS Mayur Gangani Company Secretary and Compliance officer Membership No. FCS 9980

Encl: as above

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PROCEEDINGS OF THE 15[th] ANNUAL GENERAL MEETING OF GOPAL SNACKS LIMITED HELD ON SATURDAY, 28[th ] SEPTEMBER 2024 AT 11:00 A.M.

The 15th Annual General Meeting (“AGM”) of the Company was held on today i.e. Saturday, 28[th] September 2024 at 11:00 a.m. at Registered office Plot No. G2322-23-24, GIDC, Metoda, Tal - Lodhika, Dist. - Rajkot – 360021 Gujarat. India.

Directors Present:

Mr. Bipinbhai Vithalbhai Hadvani - Chairman and Managing Director, Chairperson of Corporate Social Responsibility Committee Mrs. Dakshaben Bipinbhai Hadvani - Executive Director Mr. Raj Bipinbhai Hadvani - Whole-time Director and CEO Mr. Rajnikant Chimanal Diwan - Independent Director and Chairperson of Audit Committee Mrs. Vijayalakshmi Shalil Suvarna - Independent Director Mr. Babubhai Harjibhai Ghodasara - Independent Director and Chairperson of Nomination & Remuneration Committee and Stakeholders Relationship Committee

In attendance:

Mr. Mayur Gangani	- Company Secretary and Compliance Officer
Mr. Mukesh Kumar Shah	- Chief Financial Officer
Mr. Sanjay Kumar Joshi	- Partner, S.K. Joshi & Associates,
	Secretarial Auditor and Scrutinizer
Mr. Hardik Thakrar	- Authorised Representative – M/s. Maheshwari & Co.,
	Statutory Auditors

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Mr. Mayur Gangani - Company Secretary & Compliance Officer, welcomed all the directors, members, auditors and scrutinizer attending the 15[th] Annual General Meeting (AGM) of the Company. Mr. Bipinbhai Hadvani – Chairman and Managing Director of the Company, occupied the Chair. He thanked members for their participation in the Initial Public Offer and their continuous confidence and faith reposed in the Company and its Management. On being informed that the requisite quorum being present, he called the meeting to order.

The Company Secretary introduced all the Directors of the Company Present at the AGM. He informed that the Secretarial Auditor and representative of the Company’s Statutory Auditor present and all the register, documents and records as required by Companies Act, were available for inspection electronically.

He also informed that the Company had provided the remote e-voting facility under Section 108 of the Companies Act, 2013 (“Act”) read with Rule 20 of the Companies (Management and Administration) rules 2015 and Regulation 44 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 through Link Intime Pvt. Ltd. (Insta-Vote) to the members to cast their votes on all the resolutions set forth in the AGM Notice, which commenced at 09:00 A.M. (IST) on Wednesday, 25[th] September 2024 and concluded at 5:00 P.M. (IST) on Friday, 27[th] September 2024. Members who were participating in the meeting and had not cast their votes earlier through remote e-voting, were being provided the opportunity to cast their votes through poll ballot paper during the meeting.

Mr. Bipinbhai Hadvani – Chairman and Managing Director delivered his speech and following which Mr. Raj Hadvani – Whole-time Director and CEO then briefed the shareholders about the performance of the Company during the financial year ended on March 31[st] 2024, and outlook for the future.

Thereafter, the Company Secretary informed the members that the Notice convening the AGM, the Annual Financial Statements along with the Statutory Auditor's Report and Secretarial Audit Report for the financial year ended on March 31[st] 2024, which had already been circulated to the members, were taken as read. It was also informed that the Statutory Auditor and Secretarial

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Auditor have expressed unqualified opinion in their respective audit reports for the financial year ended on March 31[st] 2024.

The following items of business as stated in the notice convening the AGM, were put to vote by members:

Sr. No.	Particulars of Resolution	Type of Resolution
ORDINARY BUSINESS
1.	To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2024, together with the Directors’ and the Auditors’ Reports thereon.	Ordinary
2.	To declare a final dividend of ₹ 0.25 per equity share of face value of ₹ 1.00 each for the financial year ended 31st March 2024.	Ordinary
3.	To appoint a director in place of Mr. Harsh Sureshkumar Shah (DIN: 06470319) who retires by rotation and being eligible, offers himself for re-appointment.	Ordinary
SPECIAL BUSINESS
4.	To Consider and Ratify the Gopal Snacks Limited – Employee Stock Option Scheme 2023.	Special
5.	Consider and Approve the Salary of Mrs. Shivangi Hadvani, Chief of Staff of the Company.	Ordinary
6.	Consider and Approve the Alteration of Articles of Association by Altering the Existing Clause and Addition of a New Clause on Waiver of Dividend.	Special
7.	To Consider and Approve continuation of Mr. Babubhai Harjibhai Ghodasara (DIN: 08132069) as Non-Executive Independent Director of the Company for Remaining Period.	Special

Thereafter, the Company Secretary, with the permission of Chairman, opened the stage for 'Questions & Answers' for the members to ask questions or express their views or give suggestions and make enquiries on the operations and financial performance of the Company and related matters. The management responded to the questions raised by the members and answered them satisfactory.

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Thereafter, He was informed that the Company has appointed Mr. Sanjay Kumar Joshi of S.K. Joshi & Associates, Practicing Company Secretary who was appointed as the scrutinizer for the remote e-voting and poll ballot process, was requested to compile the results of remote e-voting as well as poll ballot at the AGM and submit consolidated scrutinizer's report within the stipulated time.

The shareholders were also informed that the results of e-voting and poll ballot along with the Scrutinizer’s Report shall be submitted to the Stock Exchanges and the same shall also be placed on the website of the Company i.e. www.gopalnamkeen.com and also uploaded on portals of both the stock exchanges.

The Company Secretary, with the permission of the Chairman, then concluded the meeting with vote of thanks to all the members for attending and participating the meeting and thanked Depositories, Registrar & Share Transfer Agent, Stock Exchanges – BSE Limited and National Stock Exchange of India Ltd., Customers, Suppliers, Bankers, Auditors and Employees for their support extended to the Company. The Chairman authorized the Company Secretary to carry out the voting process and declare the consolidated voting results.

The Meeting commenced at 11:00 A.M. and concluded at 11:50 A.M.

Yours Faithfully, For, GOPAL SNACKS LIMITED

Digitally signed by Gangani Mayur Gangani Mayur Popatbhai Popatbhai Date: 2024.09.28 13:22:23 +05'30' CS Mayur Gangani Company Secretary and Compliance officer Membership No. FCS 9980

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