Indoco Remedies Ltd. — AGM Information 2018

Sep 12, 2018

INDOCO REMEDIES LTD

indoco remedies limited

INDOCO HOUSE, 166 C, S, T, ROAD, SANTACRUZ (EAST), MUMBAI - 400 098 (INDIA) • Website: WWVI .tndoco.corn PHONES: (91 -22) 3386 1000 I 3386 1250 • FAX: (91-22) 2652 3067 I 2652 3976. CIN : L85190MH 19 7PLC005913

September 12, 2018

To	To
TheListingDepartment	TheListingDepartment
ofIndiaNationalStockExchange	BombayStockExchangeLimited
Limited	Floor25, P.J.Towers,
ExchangePlaza,	DalalStreet,
Bandra-KurlaComplex	Mumbai-400 001
Bandra(East)	532612StockCode:
Mumbai-400 051
StockCode:INDOCO-EQ

Dear Sir,

Sub: Summary of proceedings of the 71st Annual General Meeting of the Companyheld on 11.09.2018

As per the requirement of Regulation 30 of SEBI (Listing Obligations & Disclos(Ire Requirements) Regulation 2015, we enclose herewith the summary of proceedings of the 171st Annual General Meeting of the Company held on 11th September, 2018.

Thanking you,

Yours faithfully,

Summary of the proceedings of the 71stAnnual General Meeting of the Company

The 71st Annual General Meeting (AGM) of Indoco Remedies Limited (the Company) as held on Tuesday, 11th September, 2018 at 10.30 am at MIG Cricket Club, MIG Col ny, Bandra (E),Mumbai 400 051.

Mr. Suresh G. Kare chaired the meeting. The requisite quorum being present, the Chair called the meeting to order. All Directors, were present in the meeting.

The Chairman addressed to the shareholders on the business operations & financial performance of the Company.

With the consent of the Members, the Notice convening the 71st Annual General Me ting was taken as read. As the Auditors Report had no qualifications, the same was not rea by the Company Secretary, Mr. Jayshankar Menon.

The Chairman informed the members that the Company had in compliance wi the provisions of the Companies Act, 2013 and the Securities and Exchange Board of dia (Listing Obligations and Disclosure Requirements) Regulations, 2015 provided to the Members, the facility to exercise their vote through electronic means. The Chairman further informed that facility of voting by Ballot Paper was made available at the venue of the Meeting for the Members who had not exercised their vote earlier, under remote e-vrting facility.

The Chairman also informed that the Board had appointed Mr. Ajit Y.Sathe of Mis. A.Y.Sathe & Co., Practicing Company Secretaries as Scrutinizer to scrutinize the e-voting process as well as voting at the AGM in a fair and transparent manner.

The Chairman then requested the shareholders to ask questions and seek clarificatiO~' The Chairman, Managing Director &[t, Managing Director responded to the questions ask d.

The Chairman thanked the members for attending and participating in the AG and requested the Members who had not cast their votes under remote e-voting to do so at the AGMvenue.

The following resolutions set out in the Notice convening the AGM were proposed and secondedb'Y the members:

Resolution	Description
1(Ordinary)	Toreceive,considerandadopt:TheauditedstandalonefinancialstatementsoftheCompanyforthea)FinancialYearended31stMarch,2018andtheReportsoftheBoardofDirectorsandtheAuditorsthereon;TheauditedconsolidatedfinancialstatementsoftheCompanyfortheb)2018andtheReportoftheAuditorsFinancialYearended31stMarch,thereon

Resolution	Descrition
2	TodeclaredividendforthefinancialyearendedMarch31st,2018.
3(Ordinary)	ToappointaDirectorinplaceofMr.SundeepVasantBambolkar(DI00176613),whoretiresbyrotationandbeingeligible,offershimselfforr_aointment
4	ToconfirmthereappointmentofMr.SureshGKareasChairmanfoafurthereriodofFive5Years.
5(Ordinary)	MjToapprovetheremunerationoftheCostAuditors-sSevekari,Khae&Associates,CostAccountantsfortheFinancialYearendedMarch3,2019

The Chairman informed the members that the voting results would be submitted t Stock Exchange and also made available on the websites of the Company within 48 ho the conclusion of the Meeting. The Meeting concluded at 12.00noon.

The Scrutinizer's Report was received on 12th September, 2018 and as set out therein, a the aforesaid Resolutions were declared passed with requisite majority.

For Indoco Remedies Limited

Jayshankar Menon Company Secretary

12.09.2018