Indag Rubber Ltd. — AGM Information 2024

Aug 16, 2024

==> picture [121 x 99] intentionally omitted <==

lndag Rubber Limited

Regd.Office :Khemka House, 11, Community Centre, Saket, New Delhi ·110017, India Phone :26963172-73, 26961211, 26663310, 41664618, 41664043, Fax : 011- 26856350 E-mail:info@indagrubber.com, Website: www.indagrubber. com, CIN-L74899DL197BPLC009038

Works :Village Jhiriwala,Tehsil, Nalagarh,Distt. Solan, Himachal Pardesh - 174101, India Phone :09736000123

ISO900 1: 2015 ISO14001 : 2015

August 16, 2024

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001

(Company code-1321) (Scrip code-509162)

Sub.: Proceedings of 45[th] Annual General Meeting of the Company held on August 16, 2024.

Dear Sir/Mam,

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are hereby submitting the summary of proceedings of 45[th ] Annual General Meeting of the Company held on Friday, August 16, 2024 at 03:00 P.M. IST.

The same have been made available at the Company's website www.indagrubber.com

Thanking You.

Yours faithfully, For Indag Rubber Limited

Digitally signed by SONAL GARG DN: cn=SONAL GARG c=IN SONAL l=FARIDABAD o=Personal e=SONALGARG@INDAGRUBBER.COM Reason: I am the author of this GARG documentLocation: Date: 2024-08-16 17:37+05:30

Sonal Garg

Company Secretary & Compliance officer

-------------- The only alternative to new tyres ------------------

Proceedings of 45[th] Annual General Meeting of Indag Rubber Limited held on Friday, August 16, 2024 at 03:00 P.M. IST through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) at Registered Office of the Company situated at 11 Community Centre, - Saket, New Delhi 110017 (Deemed Venue).

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, 45[th] Annual General Meeting (AGM) of the Members of the Company was held on Friday, August 16, 2024 at 03:00 p.m. IST through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM") at Registered Office of the Company situated at Khemka House, 11 Community Centre, Saket, New Delhi - 110017.

The Chairman, other Directors and Key Managerial Personnel (KMPs) of the Company joined the meeting at the scheduled time and the meeting commenced at 03:00 p.m. IST.

Sonal Garg, Company Secretary welcomed the Members and highlighted that the facility to cast the votes electronically was available for the Members who were present and had not cast the votes. It was also highlighted that the statutory registers were available for inspection during the 45[th] Annual General Meeting (AGM) of the Company, as uploaded on website of the Company. Directors/ KMPs of the Company confirmed their location and the proceedings were handed over to the Chairman of the Meeting.

Mr. Nand Lal Khemka, Chairman of the Company, chaired the Meeting. All the other Directors i.e., Mr. Nikhil. Khanna (Chairman of Nomination and Remuneration Committee, Mr. Raj Kumar Agrawal (Chairman of Audit Committee & Stakeholders’ Relationship Committee) Mr. Uday Khemka (Chairman of Corporate Social Responsibility Committee), Ms. Ranjana Agarwal, Mr. Shiv Khemka, Mr. Sushil Kumar Dalmia, (Directors) and Mr. Vijay Shrinivas (CEO & Whole Time Director) were present at the meeting.

Mr. B.J. Singh (representative of Khanna & Annadhanam, Statutory Auditors), Mr. Manish Gupta (representative of RMG & Associates, Secretarial Auditors) and Mr. Kanishk Arora (Scrutinizer and Practicing Company Secretary) were also present.

Total 105 members attended the meeting as per the records of attendance.

Chairman highlighted the performance of the company during the financial year 2023-24. He informed that Company’s revenue during Financial Year 2023-24 increased by 9 crores and Profit after Tax increased from Rs. 13 Crores and 24 lakhs in FY 2023 to Rs. 16 Crores and 75 lakhs in FY 2024. He then recommended the resolutions to the Members as set forth in the Notice. Chairman further informed that remote e-voting facility was made available to the members, which was open between Tuesday, August 13, 2024 (9:00 AM) to Thursday, August 15, 2024 (5:00 PM) on the following resolutions proposed to be considered at the AGM:

Resolution No. 1: Adoption of Audited standalone and consolidated financial statements of the company for the financial year ended March 31, 2024- Ordinary Resolution.

Resolution No. 2: Declaration of the Final Dividend and confirmation of payment of Interim Dividend for the financial year 2023-2024- Ordinary Resolution.

Resolution No. 3: Re-appointment of Mr. Uday Harsh Khemka (DIN-00323609) as Director of the Company who retires by rotation- Ordinary Resolution.

Resolution No. 4: Fixation of the remuneration of the Cost Auditor of the Company for the Financial Year 2024-25- Ordinary Resolution.

Resolution No. 5: Re-appointment of Mr. Vijay Shrinivas (DIN 08337007) as CEO and Whole Time Director of the Company– Special Resolution.

Resolution No. 6: Re- Appointment of Mr. Nand Lal Khemka (DIN -00211084) as Chairman cum Managing Director of the company for a period of five years from April 1, 2025 till March 31, 2030 (both days inclusive) – Special Resolution.

Chairman further informed that the voting results would be announced on the website of the Company and Stock Exchange after receipt of consolidated report from the Scrutinizer [Mr. Kanishk Arora (FCS No. 9575, COP No. 13253)].

Chairman requested the Members, who had already registered themselves, to speak one by one. Members expressed their thoughts and raised questions, which were answered by the Management.

After thanking the Members for their participation, the Chairman announced formal closure of the 45[th] Annual General Meeting at 4:02 PM IST, after which the e-voting remained open for 15 minutes.