Investment & Precision Castings Ltd — Call Transcript 2024

Apr 18, 2024

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18[th] April, 2024

The GENERAL MANAGER

DEPARTMENT OF CORPORATE SERVICES

The Bombay Stock Exchange Limited 1st Floor, New Trading Ring,

Rotunda Building P. J. Tower, Dalal Street, Fort Mumbai - 400 001.

Dear Sir/Madam,

Sub: Transcript of Extra Ordinary General Meeting of Investment & precision Castings Limited

Please find enclosed the transcript of the Extra Ordinary General Meeting of the Company held on 4[TH] April, 2024 .

This is for your information and record.

Thanking you

For INVESTMENT & PRECISION CASTINGS LTD

Digitally signed by Piyush Indulal Tamboli DN: c=IN, o=Personal, title=0314, Piyush pseudonym=133307845663590896A7kELGBi8PG84l, 2.5.4.20=26c8c277de6dd266822cdc7308f47f3975 377d3fa95354d3d56bbe8aecef8502, Indulal postalCode=364002, st=Gujarat, serialNumber=e91bda4ce07b6316490ce18842cc a82aa5821ef64164ce813d164058f1155d5a, Tamboli cn=Piyush Indulal Tamboli Date: 2024.04.18 15:16:17 +05'30'

Piyush I. Tamboli DIN: 00146033 Chairman & Managing Director

INVESTMENT & PRECISION CASTINGS LIMITED

MINUTES OF THE MEETING OF EXTRA ORDINARY GENERAL MEETING OF INVESTMENT & PRECISION CASTINGS LIMITED HELD ON THURSDAY, THE 4[th] DAY OF APRIL, 2024 FROM 4:30 P.M TO 5:09 P.M. AT REGISTERED OFFICE OF THE COMPANY AT NARI ROAD, BHAVNAGAR, GUJARAT-364006, INDIA.

SR.NO/IPCL/GM/2024-25/01

CORPORATE PARTICULARS: Mr. Piyush Tamboli : Chairman & Managing Director Mr. Jainam Tamboli : Executive Director & CFO Mrs. Vishakha Tamboli : Non-executive Director Mr. Pankaj Bhiyani : Independent Director Mr. Jatan Shah : Independent Director Mrs. hetal kapadiya : Company Secretary

Mrs. Minaxi Taladiya Member of compliance team Welcome all the Members & board of directors to the Extra Ordinary General Meeting of company & informed that Notice for Extra Ordinary General Meeting (EGM) is sent to all the members & it is also available at BSE website & company Website. Mr. Piyush Tamboli chairman of EGM occupied the Chair.

Compliance Officer informed the members that the required quorum for Extra Ordinary General Meeting was 15 members and as more than the required quorum presented, Compliance officer called the meeting to order.

chairman introduced the Board of Directors and their profession and after introduction Leaveof absence was granted to Mrs. Mamtadeviba Raol & Mr. Saurabh Poddar who could not make it for meeting.

The Compliance Officer informed the members that Proxy Register was available for inspection.

As per the provisions section 108 of Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 the Company has provided facility to exercise their voting rights to vote at the EGM be electronic means and the business to be transacted through e-voting services provided by National Securities Depository Limited (NSDL). E-voting opened on 01.04.2024 at 9.00 A.M. and ended on 03.04.2024 at 5.00 P.M. Cut-off date for e- voting was 28.03.2024. Compliance Officer informed to the members that the e- voting process for transacting businesses as referred in the notice for the 48th Annual General Meeting (EVN 128114) as allotted by NSDL has been completed

and if any member has not done e-voting, they may cast their vote at this meeting by using the ballot paper for the following items.

Mr. Devesh Mehta, Practicing Company Secretary (COP NO. 16649 ) was appointed as the Scrutinizer to scrutinize the remote e-voting process and votes cast through e-voting during the EGM.

ITEM NO.	BRIEF DESCRIPTION OF RESOLUTION
1.	Special Resolution Appointment of Mr. Jatan shah (DIN : 10479421) as an independent director of company
2.	Special Resolution Change in designation of Mr. Jainam Tamboli from director to whole timeDirector

Mr. Piyush Tamboli delivered his speech & He introduced the board members & answer the share holders question

compliance officer, also informed that the company has appointed Devesh Upendrabhai Mehta (cs), sole proprietor of M/s. Devesh Mehta & Associates practicing company secretaries, as the scrutinizer for both the e-voting and the Ballot paper requested him for an orderly conduct of the poll, if ballot paper contain incomplete information than the same would be rejected.

Thereafter, the compliance officer would announce that the combined results of e- voting and the voting through physical ballot paper will be announced and will be put up on the Company's website and at BSE within 48 Hours

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Chairman