Hubtown Limited — AGM Information 2020

Dec 24, 2020

HUBTOWN LIMITED

Regd. Oflice: Hubtown Seasons, CTS NO.469-4, Opp. Jain Temple, R. K. Chemburkar lVarg, Chembur (East), Mumbai-400071 fel.: +91-22-2526 SOOO . Fax: +91-22-2526 5099 www.hubtown.co. in. CIN:L45200MH198SPLC050688

December 24, 2020

To,
BSE Limited	National Stock Exchange of lndia Limited
The Corporate Relationship Department	Exchange Plaza,
P. J. Towers, Dalal Street,	Bandra - Kurla Complex,
Fort, Mumbai - 400 001	Bandra (East), Mumbai - 400 051
Code: 532799Scri	mbol: HUBTOWNS

Dear Sirs,

Sub: Summarv o f the Droceedinos at the 32nd Annual General Meetino (AGM) of Hubtown Limited held on Thursda v. Dece mber 24. 2O2O

We write to inform you that the 32nd Annual General Meeting (AGM) of the Company was held on Thursday, December 24, 2020 at 10.00 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

ln this connection, we enclose the summary of the proceedings of the AGM as required under Regulation 30 read with Para (A) (13) of Part'A'of Schedule lll to the securities and Exchange Boird of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015. Refer Annexure - l.

You are requested to kindly take the above document on your record

Thanking you,

Yours faithfully, For Hubtown Limited Sa nd Lad Company Secretary

Encl : as above

Regd. Office: Hubtown Seasons, CIS NO.469-4, Opp. Jain TempLe, R. K. Chemburkar Marg, Chembur (East), Mumbai-400071 fel.: +91-22-2526 Sooo . F ax +91-22-2526 5099 www.hubtown.co. in. ClNrL45200M H 1989PLC050688

ANNEXURE - I

SUMMARY OF THE PROCEEDINGS OF THE 32ND ANNUAL GENERAL MEETING OF HUBTOWN LIMITED

A. Date. Time and Venue ofthe Annual General Meetino aMeetino):

The 32"d Annual General Meeting (AGM) of the members of Hubtown Limited was held on Thursday, December 24, 2020 at 10.00 a.m. through Video Conferencing ("VC") / Other Audio - Visual Means ("OAVM"). The Meeting commenced at 10:00 a.m. (lST).

66 Shareholders were present through Video Conferencing ("VC") / Other Audio Visual lvleans ("OAVM").

B. Proceedin s in brief:

• Mr. Hemant M. Shah, Chairman chaired the meeting ln accordance with Article 85 of the Articles of Association.
• The Chairman informed that the Meeting was held through VC / OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of lndia.
• The requisite quorum being present, the Chairman called the Meeting to order.
• The Chairman introduced the Directors and Executives of the Company
• The Chairman addressed the members
• The Chairman informed the members that the Company had provided e-voting facility to its members holding equity shares as of the cut-off date i.e. Decembet 17, 2020 for voting on AGM resolulions. The e-voting period was kept open from Monday December 21 , 2020 (9:00 a.m.) upto Wednesday, December 23, 2020 (5:00 p.m.)
• Further, the facility to vote on resolutions through electronic voting system at the meeting was made available to the members who participated in the meeting and had not cast their votes through remote e-voting.
• The Chairman further informed that lvlr. Ashish Bhatt, of M/s. Ashish Bhatt & Associates, Practicing Company Secretary had been appointed as Scrutinizer for scrutinizing the e-voting process in a fair and transparent manner.
• The following items of business as set out in the Notice convening 32nd Annual General meeting were commended for members consideration and approval:

Regd. Orfice: Hubtown Seasons, CTS NO.469-A, Opp. Jain Temple, R. K. Chemburkar l.4arg, Chembur (East), Mumbai-400071 Tel.: +91-22-2526 5000 Fa],|. +91-22-2526 5099 www.hubtown.co.in. CIN:L45200MH'1989PLC050688

SNo.	Agenda ltem	Type of Resolution
	Ordinary Business :
1	forAdoption of the Audited Standalone Financial Statementsthe financial year ended March 31, 2020 including the Reportsof the Board of Directors and the Auditors thereon; and	Ordinary Resolution
	Adoption of the Audited Consolidated Financial Statements forthe financial year ended March 31, 2020 including lhe Reportsthe Auditors thereon.
2	Re-appointment of Mr. Vyomesh Shah (DlN: 00009596) as aDirector liable to retire by rotation.	Ordinary Resolution
3	Appointment of M/s. JBTM & Associates LLP as StatutoryAuditors to fill in Casual Vacancy; and	Ordinary Resolution
	Appointment of M/s. JBTM & Associates LLP as StatutoryAuditors for a term of 5 (five) years.
	Special Business :
4	08865104) as anAppointment of Mr. Kartik Ruparel (DlNlndependent Director.	Ordinary Resolution
	Appointment of Mrs. Ketaki R. Shah (DlN : 08865092) as anlndependent Director.	Ordinary Resolution
t	Ratification of remuneration payable to the Cost Auditors of theCompany for the financial year 2020-2021	Ordinary Resolution
7	Authority to the Board of Directors to make offe(s) or invitationfor subscription to Non-convertible Debentures on privateplacement basis	Special Resolution

The Chairman informed that the Statutory Auditor's Report on the financial statements for the financial year ended March 31, 2020 did not contain any qualifications, observations or comments on financial transactions or matters, which had adverse effect on the functioning of the company and therefore, the Audit Report was not required to be read at the meeting.

HUBTOWN LIMITED HIJETEUN

• The Chairman then anformed thal the Company has not received any questions or any requests within the stipulated time from the members for registration as a speaker shareholder in the AGM.
• The Chairman then informed that the results of the remote e-voting and e-voting at the AGM, together with the report of the Scrutinizer thereon, will be communicated to the Stock Exchanges and would also be placed on the website of the Company at www.hubtown.co. in.
• o The Chairman thanked the shareholders for attending the 32nd AGM of the Company and declared the meeting as closed.
• . The meeting concluded at 10:35 a.m. after the members had cast their votes'

on completion of the AGM, the team of the scrutinizer took custody of the remote e-voting and e-voting at the AGM.