Grauer & Weil (India) Ltd. — AGM Information 2021

Sep 30, 2021

Grauer & Weil (India) Limited CHEMICALS I ENGINEERING I PAINTS I LUBE I REAL ESTATE

To, BSEUmited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001

Re : Security Code No. 505710

Subi.: Summary of Proceedings of 63,d Annual General Meeting

Dear Sir,

In terms of Regulation 30 and Part - A of Schedule 11/ of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the summary of proceedings of the 63rd Annual General Meeting of the Company held on Wednesday, September 29, 2021 at 3.00 pm at Growel's 101 Mall, Akurli Road, Kandivli - East, Mumbai - 400101 through Video Conferencing (VC) / other Audio Visual Means (OAVM).

Kindly take the same on your record and acknowledge.

Thanking you

FOR GRAUER & WElL (IN!J)II.tmM:! ~~

Regd. Office: Growel Corporate, Akurli Road, Kandivli (E), Mumbai (Maharashtra) 400 101, India T +91-22-66993000 F +91-22-66993010 E hq@9rowel.com CIN L74999MH7957PLC070975

SUMMARY OF PROCEEDINGS OF 63RD ANNUAL GENERAL MEETING OF GRAUER AND WElL (INDIA) LIMITED HELD ON WEDNESDAY, 29TH SEPTEMBER, 2021 AT 3:00 PM AT GROWEL'S 101 MALL, AKURLI ROAD, KANDIVLI- EAST, MUMBAI- 400101

Grauer & Weil (India) Limited CHEMICALS I ENGINEERING I PAINTS I LUBE I REAL ESTATE

Pursuant to various circulars of Ministry of Corporate Affairs and Securities and Exchange Board of India, 63rd Annual General Meeting (AGM) of the Members of the Company was held on 29th September, 2021 at 3.00 pm, at Growel's 101 Mall, Akurli Road, Kandivli - East, Mumbai - 400101 through Video Conferencing (VC)/ other Audio Visual Means (OAVM).

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Mr. Vinod Haritwal, CEO of the Company welcomes all the Directors and Shareholders and briefed about the manner, guidelines and conduct of Virtual AGM through Video Conferencing.

Mr. NirajKumar More, Managing Director of the Company chaired the proceedings of the Meeting. Mr. Nirajkumar More, Mr. Yogesh Samat and Mr. Vinod Haritwal attended the meeting from the Registered office of the Company. Other Directors, Shareholders, Auditors and Invitees were present at the Meeting through Video Conferencing from various locations.

Then Mr. NirajKumar More, Managing Director of the Company chaired and conducted the Proceeding the Meeting. As the requisite quorum in compliance with the Companies Act, 2013 are present, Chairman declared the meeting in order. Registers as required under the Companies Act, 2013 and Rules made there under and documents referred in the Notice and Annual Report were kept open and accessible for inspection during the meeting.

Mr. Nirajkumar More - Managing Director announced the respective locations of the Directors, Key Managerial Personnel and Auditors, from where they are attending the meeting. He informed that

• a. The Company had engaged Central Depository Services (India) limited (CDSL)to provide facility of remote e-voting, e-voting during the AGM and participation in the AGM through VC/ OAVM facility.
• b. The Company had provided 'remote e-voting' facility to all the members to exercise their right to vote on all the resolutions mentioned in the notice of 63rd AGM, which began on Sunday, September 26, 2021 at 10.00 am and ended on Tuesday, September 28, 2021 at 5.00 pm.
• c. Members who are attending the meeting through video conferencing and did not vote earlier through 'remote e-voting' may vote through e-voting system available during the

AGM. The same is already open and will continue till 30 minutes post the conclusion of Meeting.

• d. The Board had appointed M/s GMJ & Associates, firm of Practicing Company Secretary to act as a Scrutinizer to scrutinize the voting during the AGM by electronic mode and remote e-voting process and to submit the consolidated results on voting.
• e. The chairman will announce the results based on the report of the scrutinizer and the same will be posted on the website of the Company and BSELtd.

The following items of business, as per the Notice of AGM dated 30th June, 2021, were then transacted at the meeting:

ORDINARYBUSINESS:

• 1. As an Ordinary Resolution Adoption and Approval of the standalone and consolidated Financial Statements of the Company for the Financial Year ended 3pt March, 2021 together with the Reports of the Board of Directors and Auditors' thereon.
• 1. As an Ordinary Resolution Declaration of Dividend of Re. 0.50 per Equity Shares of Re. 1/ each for the financial year ended March 31, 2021.
• 1. As an Ordinary Resolution Appointment of Mr. Umeshkumar More (DIN: 00112662), who retires by rotation, and being eligible, offers himself for re-appointment.

SPECIALBUSINESS:

• 1. As a Special Resolution Re-appointment of Mr. Rohitkumar More as a Whole-time Director of the Company.
• 1. As a Special Resolution Re-appointment of Mr. Nirajkumar More as a Managing Director of the Company.
• 1. As an Ordinary Resolution Appointment of Mr. Shashikant Kesh-avSakhalkar as. an Independent Director. , ,
• 1. As an Ordinary Resolution Appointment of Mr. YogeshSamatasa Director.
• 1. As a Special Resolution Appointment of Mr. YogeshSamat as a Whole-time Director of the Company.

1. As an Ordinary Resolution· Ratification in Remuneration of Cost Auditors for the Financial Year ending 3pt March, 2022.

The Members who had registered themselves as speakers were then allowed to ask questions, seek clarifications through VC / OAVM on the Company's accounts, operations, businesses, future prospects etc. Mr. Vinod Haritwal - CEO provided clarifications to the queries raised by the Members.

The Chairman announced that the voting results will be made available on the website of the Company and BSELtd. along with scrutinizer's report.

As per the records of attendance, 76 members attended the Meeting. The meeting concluded at 4.20 pm.

FOR GRAUER & WElL (INDIA) LIMITED

~~. COMPANY SECRETARY