GRP Limited — AGM Information 2021

Aug 13, 2021

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13.08.2021 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. Scrip code : 509152 Symbol : GRPLTD – Series: EQ

Dear Sir / Madam,

Sub: Summary of proceedings at the Forty Seventh Annual General Meeting of the Members of GRP LIMITED

This is to inform you that the 47[th] Annual General Meeting (AGM) was held on Thursday, 12[th] August, 2021 at 2.30 p.m. IST through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”).

As per the statutory requirements, the Company had provided the facility of evoting during the AGM to all those shareholders, who attended the AGM and who did not participate in ‘remote evoting’ for all the following items of business:

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Sr. Items of business Resolution
No. (Ordinary/ Special)
Ordinary business:
1. a) Adoption of audited financial statements for the year ended 31 [st] March, 2021 Ordinary
and the Reports of Board of Directors and Auditors thereon.
b) Adoption of audited consolidated financial statements for the year ended 31 [st]
March, 2021 and the Report of Auditors thereon.
2. Declaration of Dividend of Rs.2.50 (25%) per equity share for the financial year Ordinary
2020-21
3. Appointment of a director in place of Rajendra V. Gandhi (DIN:00189197),who Ordinary
retires by rotation and being eligible, offers himself for re-appointment
4. Appointment of a director in place of Harsh Gandhi (DIN:00133091), who retires Ordinary
by rotation and being eligible, offers himself for re-appointment
Special business:
5. Re-appointment of and revision in remuneration of Harsh R. Gandhi Special
(DIN:00133091) as a Whole-time Director designated as Joint Managing
Director.
6. Payment of Rs.12,00,000/- (Rupees Twelve Lakh only) to Rajeev M. Pandia Special
(DIN: 00021730),Non-Executive Independent Director, as remuneration by way
of commission for the financial year ending 31st March, 2022
7. Payment of commission not exceeding one per cent of the net profits of the Ordinary
Company, to the Non-Executive Directors of the Company for each financial year
commencing from 1st April, 2021
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The voting results of the business transacted at the AGM in the prescribed format as required under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be submitted separately.

You are requested to take note of the same.

Thanking you, Yours faithfully,_ For GRP Limited Abhijeet Sawant Company Secretary

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