IL&FS Engineering and Construction Company Ltd — AGM Information 2020

Sep 30, 2020

30th September, 2020

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	To The Corporate Relations Department BSE Limited Phiroz Jeejeebhoy Towers, 25th Floor, Dalal Street Mumbai- 400001 Code:532907	To The Listing Depatiment National Stock Exchange of lndia Limited, Exchange Plaza, Bandra Kurla Complex, Bandra ( East), Mumbai- 400 051 Code:IL&FSENGG

Dear Sirs,

Sub: Proceedings of 31[st] Annual General Meeting

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the summary of the 31[st] Annual General Meeting proceedings is enclosed herewith as Annexure-A.

This is for your information and records.

Thanking you,

Yours sincerely,

For IL&FS Engineering and Construction Company Limited

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Company Secretary & Compliance Officer

Encl: Annexure-A

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Annexure-A

SUMMARY OF PROCEEDINGS OF THE 31[ST] ANNUAL GENERAL MEETING

The 31[st] Annual General Meeting (AGM) of the Members of IL&FS Engineering and Construction Company Limited ("the Company") was held on Wednesday, 30[th] September, 2020 commenced at 01.30 PM through Video Conferencing (VC). The following Directors were present:

Directors Present through Video Conference:

1. Mr. Chandra Shekhar Rajan, Chairman of the Board & Chairman of NRC.

2. Mr. Bijay Kumar, Chairman of Audit Committee & Stakeholders Committee 3. Mr. Dilip Lalchand Bhatia

Invitees Present through Video Conference:

1. Mr. V.K. Muralidhar, Partner, M/s.M. Bhaskara Rao & Co., Statutory Auditors 2. Mr.Pravin Jabade, Partner, M/s. TR Chadha & Co., LLP, Internal Auditors

2. Mr. Y. Ravi Prasada Reddy, Secretarial Auditor & Scrutinizer, Proprietor of RPR & Associates

In attendance (through Video Conference):

1. Mr. Kazim Raza Khan, Chief Executive Officer

2. Mr. Naveen Kumar Agrawal, Chief Financial Officer

3. Mr. Sistla Srinivasa Kiran, Company Secretary

Members Present and proceedings:

38 Members have attended the meeting through video conferencing. Members elected Mr. Chandra Shekhar Rajan, (Chairman of the Board) as the Chairman of the AGM, who took the Chair and conducted the proceedings of the Meeting. The requisite quorum was present and therefore the meeting was called to order. The Chairman delivered his speech. The Shareholders were informed that the copies of audited financial statements for the year ended March 31, 2020, Board's Report and Auditors' Reports’ had been emailed to all the Members and that the original documents along with the statutory registers were made available for online inspection. The shareholders were further informed that the Company had provided the Members the facility to cast their vote electronically (remote e-voting) on all resolutions set forth in the Notice. Members who were present at the AGM and had not cast their votes electronically through remote e-voting were provided an opportunity to cast their votes through e-voting during the meeting. The following items of business, as per the Notice of the 31[st] AGM dated 03[rd] September-2020 were transacted at the Meeting:

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1. To consider and adopt:

2. a. the audited financial statements of the Company for the financial year ended March 31, 2020 and the reports of the Board of Directors and Auditors thereon, and

3. b. the audited consolidated financial statements of the Company for the financial year ended March 31, 2020 and the report of the Auditors thereon. (Ordinary Resolution)

4. To approve the remuneration payable to Cost Auditors for the financial year ending 2020-21. (Ordinary Resolution);

The Chairman informed the Shareholders that Mr. Y.Ravi Prsada Reddy, Proprietor of RPR & Associates, Practising Company Secretary, Hyderabad, was appointed as the Scrutinizer for the e-voting process in a fair and transparent manner and to report on the voting results for the items as per the Notice of the 31[st] AGM.

The Chairman stated that the results of voting on each resolution shall be determined by aggregating votes cast through remote e-voting and e-voting at the AGM venue. He further stated that the results of voting will be announced and uploaded on the website of the Company (www.ilfsengg.com) and on NSDL’s website (www.evoting.nsdl.com) and will also be submitted to the Stock Exchanges (BSE & NSE) within the prescribed time. Further, it was informed that the above resolutions will be deemed to be passed on the date of AGM, i.e. September 30, 2020, subject to receipt of the requisite number of votes in favour of the Resolutions. The Chairman also authorized the Company Secretary on behalf of the Board, to declare the results of voting.

After the e- voting was completed, the Chairman formally announced the closure of business of 31[st] AGM of the Company. There being no other business to transact, the meeting ended at 02.48 P.M. with a vote of thanks to the Chair proposed by the Company Secretary of the Company.

Thanking you,

Yours sincerely,

For IL&FS Engineering and Construction Company Limited

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Company Secretary & Compliance Officer