Himatsingka Seide Ltd. — AGM Information 2024

Sep 27, 2024

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REF: HSL/SEC/2024/63

September 27, 2024

To The Deputy Manager Department of Corporate Services BSE Limited PJ Towers, Dalal Street Mumbai -400001 Scrip Code: 514043	To The Manager National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E), Mumbai 400051 Symbol: HIMATSEIDE

Dear Sir/ Madam,

Sub: Proceedings of 39th Annual General Meeting (“AGM”) of the Company Ref: Disclosure under Para A of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The 39th AGM of the members of Himatsingka Seide Limited (“the Company”) was held today, Friday, September 27, 2024 at 12:10 p.m. through Video Conference (“VC”)/ Other Audio-Visual Means (“OAVM”). The meeting was held in compliance with the circulars issued by the Ministry of Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (“SEBI”) and as per the applicable provisions of the Companies Act, 2013 and the rules made thereunder. Quorum constituting 41 members attended the AGM through VC/ OAVM.

Ms. Bindu D., Company Secretary and Compliance Officer, welcomed everyone on behalf of the Board of Directors. In the absence of Mr. D. K. Himatsingka, Executive Chairman of the Company, she requested the Directors present at the AGM to elect one amongst themselves as Chairman of the meeting.

Mr. Harminder Sahni, Non-Executive Independent Director, proposed the name of Mr. Shrikant Himatsingka, Executive Vice-Chairman and Managing Director to Chair the 39th AGM. Mr. Ravi Kumar, Non-Executive Independent Director, seconded the proposal. All the directors present consented to the same. Mr. Shrikant Himatsingka, Executive Vice Chairman & Managing Director, was unanimously elected as Chairman of the meeting.

Mr. Shrikant Himatsingka, occupied the chair and welcomed everyone to the 39th AGM of Himatsingka Seide Limited and informed that the AGM was being conducted through VC/ OAVM. The requisite quorum being present, he called the meeting to order. He introduced the Directors and Key Management Personnel present at the meeting. Mr. Harminder Sahni, Chairperson of Audit Committee & Nomination and Remuneration Committee, Ms. Sandhya Vasudevan, Chairperson of Stakeholder Relationship Committee were present at the Meeting. He further confirmed that the Statutory Auditors, Secretarial Auditor and Scrutiniser of the 39th AGM, were participating in the meeting. He further informed that the Statutory Records were available for inspection.

The Chairperson declared that the Notice of 39th AGM, the Board’s Report and the Audited Financial Statements were duly circulated to the members before the AGM. Accordingly, with the consensus of members, he took the Notice of 39th AGM, the Board’s Report and the Audited Financial Statements, as read. The Chairperson stated that there were no adverse remarks in the Statutory Auditors’ Report. The Chairperson further stated that the remarks mentioned in the Secretarial Auditor Report, have no material adverse effect on the functioning of the Company and that the members may refer page no. 89 of the 39th Annual Report for explanation by the Board of Directors to the remarks in the Secretarial Audit Report.

The Chairperson addressed the members on operations and the financial performance of the Company

Himatsingka Seide Limited Registered Office: 10/24 Kumara Krupa Road High Grounds, Bangalore 560 001, India T +91 8o 2237 8000, F +91 Bo 4147 9384 E hslblr@himatsingka.com CIN L17112KA1985PLC006647

www.himatsingka.com

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during FY 2024. Thereafter, he requested KFin Technologies Limited, Registrar and Transfer Agent, to invite speaker members, to speak and ask questions, if any. Queries of the members were duly addressed by Chairperson of the meeting.

The Company Secretary informed the members that pursuant to the provisions of the Companies Act, 2013, the rules framed thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had extended the remote e-voting facility to the members of the Company in respect of the resolutions to be passed at the meeting. The remote e-voting commenced on Monday, September 23, 2024 at 9.00 a.m. and ended on Thursday, September 26, 2024 at 5.00 p.m. Mr. Vinod Sunder Raman, Company Secretary in Practice, was appointed as the Scrutinizer for the process of remote e-voting and Insta-Poll.

The following business were transacted at the 39th AGM of the Company held today i.e. September 27, 2024.

2024.
Sr. No.	Type of resolution	Resolution Description
1.	Ordinary Resolution	To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2024, together with the board's report and report of auditors thereon.
2.	Ordinary Resolution	To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2024, together with the report of auditors thereon.
3.	Ordinary Resolution	To declare a final dividend of ₹ 0.25/- (5%) per equity share of face value of ₹5/- each for the financial year ended March 31, 2024.
4.	Special Resolution	To re-appoint Mr. Dinesh Kumar Himatsingka (DIN: 00139516) who retires by rotation.
5.	Special Resolution	To correct the typographic error in resolution passed at the Annual General Meeting held on September 28, 2023, approving the limit of annual payment to Non-Executive Directors.

The Company Secretary informed that the facility for voting through Insta-Poll was made available for a period of 30 minutes after the end of the meeting for members who had not cast their vote prior to the meeting. She further informed that the voting results along with scrutinizers report of the 39[th] AGM would be submitted within two (2) working days and same shall be placed on the Company’s website at https://www.himatsingka.com/investors and on the website of Kfin at https://evoting.kfintech.com

The Chairperson, thanked the members present at the meeting and appreciated the shareholders and other stakeholders for their support and declared the meeting as closed.

The meeting concluded at 01.20 p.m. after being open for 30 minutes for Insta-poll.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For Himatsingka Seide Limited

Digitally signed by Bindu D Date: 2024.09.27 18:36:06 Bindu D +05'30'

Bindu D. Company Secretary & Compliance Officer M.N.: A23290

Himatsingka Seide Limited

Registered Office: 10/24 Kumara Krupa Road High Grounds, Bangalore 560 001, India T +91 8o 2237 8000, F +91 Bo 4147 9384 E hslblr@himatsingka.com CIN L17112KA1985PLC006647

www.himatsingka.com