Ind-Swift Laboratories Ltd. — AGM Information 2022

Oct 1, 2022

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Ref.: ISLL:CH:2022: Date: 1[st] October, 2022

The President, The Vice President, Corporate Relationship Department, National Stock Exchange of India Limited, Bombay Stock Exchange Limited, Exchange Plaza, 5[th] Floor, Phiroze Jeejeebhoy Towers, Plot No.C/2, G-Block, 25[th] Floor, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 532305, 957989 NSE Symbol: INDSWFTLAB

Subject: Proceedings of 27[th] Annual General Meeting of the Company held through Video Conferencing/Other Audio-Visual Means

Time of Commencement of the Meeting: 11:30 AM

Time of conclusion of the Meeting: 12:05 PM (thereafter 15 minutes were given for e- voting by members at the AGM)

Dear Sir/Madam,

The 27[th] Annual General Meeting (AGM) of Ind- Swift Laboratories Limited was held on Friday, 30[th] September, 2022, at 11:30 a.m. (IST), through Video Conferencing/Other Audio- Visual Means (VC/OAVM) facility, in compliance with the General Circulars issued by the Ministry of Corporate Affairs (MCA) and Circulars issued by the Securities Exchange and Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013, and the Rules made thereunder. The deemed venue of the AGM was the Registered Office of the Company, i.e. SCO 850, Shivalik Enclave, Manimajra, Chandigarh-160101.

The requisite disclosure in terms of Regulation 30 of the SEBI LODR Regulations, 2015, read over with SEBI circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, is given below:-

1. Date of Meeting (AGM) – Friday, 30[th] September, 2022

2. Proceedings of the Annual General Meeting -

The members of the Company were welcomed to the meeting and were briefed about the process to participate in the meeting. They were informed that as the AGM was being held through VC/OAVM, the facility for appointment of proxies by the members was not applicable. The members were also briefed about the process for questions & answers.

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They were further informed that the Company had provided the remote e-voting facility to the members to cast their votes on all the resolutions set forth in the AGM Notice, which started at 9:00 am (IST) on 27[th] September, 2022 and concluded at 5:00 PM (IST) on 29[th] September, 2022. Members, who were participating in the meeting and had not cast their votes earlier through remote e-voting, had been provided the opportunity to cast their votes through e- voting at the meeting.

The Chairman, Sh. N.R. Munjal chaired the meeting and welcomed the members to the 27[th] AGM of the Company. The requisite quorum being present, he called the meeting to order. He then requested the other Directors to introduce themselves. Thereafter, the Chairman addressed the members about the performance of the Company during the financial year 2021-22.

After that the members were briefed about all the resolutions put forth for their approval. It was explained that since the meeting was held through VC and the resolutions provided in the notice were being put to vote through e-voting, there would be no proposing and seconding of the resolutions.

Thereafter, the meeting was opened for ‘Questions & Answers' for the members. Since no query was raised by shareholders, the Chairman extended vote of thanks and declared the proceedings of the Annual General Meeting as completed. It was informed that the Members attending the AGM who had not already cast their vote by remote e-voting may cast their vote on the e-voting platform.

A formal vote of thanks was then extended to the chair and the meeting was declared as concluded. The meeting concluded at 12:05 P.M. (IST).

3. The Members transacted the following business as under:

S. No	Brief details of items deliberated	Type of Resolution	Manner of Approval	Results
	Ordinary Business
1.	To receive, consider, approve and adopt the Audited Financial Statements for the year ended 31st March, 2022 together with the Directors’ and Auditors’ Report thereupon.	Ordinary Resolution	Remote E- voting and e- voting system during the AGM	Passed with requisite majority
2.	To appoint a Director in place of Mr. Rishav Mehta (DIN:03028663) who retires by rotation and being	Ordinary Resolution	Remote E- voting and e- voting system	Passed with requisite majority

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eligible, offers himself for re- during the
appointment AGM
3. To re-appoint the Statutory Ordinary Remote E- Passed with
Auditors and to fix their Resolution voting and e- requisite
remuneration voting system majority
during the
AGM
Special Business
4. To approve remuneration of cost Ordinary Remote E- Passed with
auditors for the financial year Resolution voting and e- requisite
2022-23. voting system majority
during the
AGM
5. To approve material related party Ordinary Remote E- Passed with
transactions of the Company. Resolution voting and e- requisite
voting system majority
during the
AGM
6. To approve re-appointment and Special Remote E- Passed with
payment of remuneration to Sh. Resolution voting and e- requisite
N.R Munjal (DIN 00015096), voting system majority
Chairman & Managing Director of during the
the Company. AGM
7. To approve re-appointment and Special Remote E- Passed with
payment of remuneration to Sh. Resolution voting and e- requisite
Himanshu Jain (DIN 00014533), voting system majority
Joint Managing Director of the during the
Company AGM
8 To approve re-appointment and Special Remote E- Passed with
payment of remuneration to Sh. Resolution voting and e- requisite
Rishav Mehta (DIN 03028663), voting system majority
Whole Time Director of the during the
Company. AGM
9 To approve payment of Special Remote E- Passed with
remuneration to Sh. Sahil Munjal, Resolution voting and e- requisite
(DIN: 00015407) Whole Time voting system majority
Director of the Company. during the
AGM
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Sh. Vishal Arora, Company Secretary in practice (Membership No - F4566), had been appointed as the Scrutinizer to scrutinize the votes cast through e-voting at the AGM & remote e-voting and submit a consolidated report thereon. The details of the voting results

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(remote e-voting and e-voting at the AGM) on all the resolutions as set out in the Notice of AGM along with the Scrutinizer’s Report will be disseminated to the exchanges and will be placed on the Company’s website, in due course.

You are requested to kindly take the same on record.

Thanking you, For IND-SWIFT LABORATORIES LTD.

Pardeep Verma Digitally signed by Pardeep Verma DN: c=IN, st=Chandigarh, 2.5.4.20=436ebdbdf29dc53ee567e2c1813d892737d5b330ae5e72f392799e9f0ac194e1, postalCode=160020, street=HOUSE NO 471,SECTOR 20 A,Chandigarh,Sector 20,Chandigarh,Chandigarh, pseudonym=f89a5f9baab5c48c893879b0eac1de5d, title=1374, serialNumber=3bd3d4fb78346e3bcf94eec43ec1b992cb94f1dc5b91ca077970e78bab8cfde8, o=Personal, cn=Pardeep Verma Date: 2022.10.01 10:23:30 +05'30'

PARDEEP VERMA AVP-CORPORATE AFFAIRS & COMPANY SECRETARY

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