Indsoya Limited — Board/Management Information 2022

Aug 18, 2022

INDSOYA LIMITED

Regd. Off: 1111-A Raheja Chambers, 213, Nariman Point, Mumbai – 400021 Tel No.: (022) 22852796-97-99, E-mail: info@indsoya.com website: www.indsoya.com CIN: L67120MH1980PLC023332

18[th] August, 2022

Scrip No.: 503639

To, The Bombay Stock Exchange Ltd; Department of Corporate Services, P.J. Towers, Dalal Street, Mumbai- 400 001

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Approval of resolution u/s. 186 of the Companies Act, 2013, Appointment of Statutory Auditors of the Company and Intimation of date of 42[nd] Annual General Meeting.

Dear Sir,

In accordance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has decided below matters:

1. After the recommendation of Audit Committee, at their meetings held on 18[th] August, 2022 has approved a proposal for the appointment of M/s. DMKH & Co. Firm Registration No.: 116886W, Chartered Accountants, as the Statutory Auditors of the Company, for a term of five consecutive years commencing from the conclusion of 42[nd] Annual General Meeting (AGM) till the conclusion of the 47[th] AGM to be held in the year 2027 which shall be subject to the approval of the Shareholders in the ensuing AGM.

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/ 4/ 2015 dated September 9, 2015 are given in " Annexure A " to this letter regarding appointment of Statutory Auditors.

1. Pursuant to Section 186 of the Companies Act, 2013, and other applicable provisions of the Companies Act, 2013 (including any amendment thereto or reenactment thereof for the time being in force), if any, the Board hereby approves

subject to the approval of shareholders of the Company to (a) give any loan to any person(s) or other body corporate(s) ; (b) give any guarantee or provide security in connection with a loan to any person(s) or other body corporate(s) ; and (c) acquire by way of subscription, purchase or otherwise, securities of any other body corporate from time to time in one or more tranches as the Board of Directors as in their absolute discretion deem beneficial and in the interest of the Company, for an amount not exceeding Rs. 2,00,00,000 (Rupees Two Crores Only).

1. 42[nd] Annual General Meeting of the Company to be held on Friday, 23[rd] September, 2022, at the Registered Office of the Company.

You are requested to kindly take note of the above.

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CC:

To,

DSE Estates Ltd.,

DSE House, 3/1, Asaf Ali Rd. New Delhi – 110002

INDSOYA LIMITED

Regd. Off: 1111-A Raheja Chambers, 213, Nariman Point, Mumbai – 400021 Tel No.: (022) 22852796-97-99, E-mail: info@indsoya.com website: www.indsoya.com CIN: L67120MH1980PLC023332

ANNEXURE- A

Sr. No.	Details of Events that need to be provided	Information of such event(s)
1.	Reason for Change	The term of the present statutory auditors M/s. Bhatter & Associates will be concluded at the forthcoming 42ndAnnual General Meeting.
2.	Date of Appointment	From the conclusion of the 42nd Annual General Meeting of the Company.
3.	Terms of appointment	M/s. DMKH & Co. Chartered Accountants, will hold office from the conclusion of the 42ndAnnual General Meeting till the conclusion of the 47thAnnual General Meeting to conduct the audit of accounts of the Company for the financial years 2022-23 to 2026-27.
4.	Brief profile of Auditors	M/s. DMKH & Co., Chartered Accountants, established in the year 1990 and having firm registration number 116886W and having its office at DMKH & Co., 403 Fortune House, Baner Pashan Link Road, Pune 411045. They are having more than 32 years of experience in India providing audit, tax and advisory services. Having 07 offices in all over India and have 100 staff and 13 partners.