ICDS Ltd. — AGM Information 2021

Sep 28, 2021

SEC/IN/NSE/BSE/14/2021 28th September, 2021

The Manager - Listing Compliance National Stock Exchange of India Ltd Exchange Plaza Bandra Kurla Complex Bandra (E) MUMBAI-400 051

The Manager - Listing Compliance BSE Ltd Regd.Office: Floor 25 P J Towers, Dalal Street MUMBAI-400 001

STOCK CODE: ICDSLTD

SECURITY CODE: 511194

Subject: Summary of Proceedings of the 50th Annual General Meeting ('AGM') of the Company held on Tuesday, September 28, 2021.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to provide herein under summary of proceedings of the 50th AGM of the Company held on Tuesday. September 28, 2021 at 3.30 p.m. The said AGM was held though a video conference / other audio visual means in terms of the relevant circulars issued by the Ministry of Corporate Affairs ('MCA') and Securities and Exchange Board of India ('SEBI').

ItemNo.	Particulars	Resolution(Ordinary/Special)	Result
1.	To receive, consider and adoptAudited Financial Statements of theCompany for the financial year ended31 st March, 2021, the reports of theBoard of Directors and Auditorsthereon.	Ordinary	Passed withrequisite majority
2.	To appoint a Director in place of MrTonse Mohandas Pai, (DIN00104336) who retires by rotationand being eligible offers himself forreappointment.	Special	Passed withrequisite majority
3.	To re-appoint Mr Bharath KrishnaNayak (DIN 00776729) as ManagingDirector of the Company for a periodof two years with effect from 5 thDecember, 2021 to 4 th December,2023.	Ordinary	Passed withrequisite majority

In the absence of Mr Tonse Mohandas Pai, Chairman of the Company, Mr Bharath Krishna Nayak, Managing Director was elected as Chairman of the Meeting and conducted the proceedings. He invited the Members to express their views, give suggestions and make enquiries.

Regd. and Admn. Offices: Syndicate House, P.B. No. 46, Upendra Nagar, Manipal - 576 104 Phone : EPABX 0820-2701500 Fax : 0820-2571137 Website : www.icdslimited.com CIN : L65993KA1971PLC002106

The Chairman then authorised the Company Secretary to carry out the e-voting process and conclude the AGM. It also informed that the e-voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. The AGM concluded at 04:30 p.m. with a vote of thanks (including e-voting facility). A detailed Scrutiniser's Report shall be submitted within the statutory period of time to National Stock Exchange of India Limited and BSE Limited and shall also be made available on the website of the Company at www.icdslimited.com and also at CDSL website, the service provider for e-voting facility.

Kindly take the same on record and acknowledge receipt.

Thanking You,

Yours faithfully, For ICDS Ltd

Bharath Krishna Nayak

Managing Director (DIN 00776729)

Regd. and Admn. Offices: Syndicate House, P.B. No. 46, Upendra Nagar, Manipal - 576 104 Phone : EPABX 0820-2701500 Fax : 0820-2571137 Website : www.icdslimited.com CIN : L65993KA1971PLC002106 GSTIN: 29AAACI4355HJJA