Iris Clothings Limited — AGM Information 2021

Sep 28, 2021

IRIS CLOTHINGS LTD.

103/24/1, Foreshore Road, Binani Metal Compound, Howrah – 711102 Office: +91 33-2640 4674, 33-2637 3856.

email: accounts@irisclothings.in website : www.irisclothings.in

CIN : L18109WB2011PLC166895

GSTIN : 19AACCI6963K1Z0

Date: 28[th] September, 2021

To The Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra-Kurla Complex Bandra(E) Mumbai-400051 NSE Symbol: IRISDOREME

Sub: Proceedings of the 10[th] Annual General Meeting (AGM) of the Company for the Financial Year 2020-2021

Ref: Disclosure under Regulation 30 of SEB1 (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

This is to inform you that the 10[th] Annual General Meeting (AGM) of the Company was held on Monday, 27[th] day of September, 2021 at 4.00 P.M. through Video Conferencing (VC)/ Other Audio-Visual means (OAVM) to transact the businesses as stated in the AGM Notice dated 27[th] August, 2021.

In this regard, please find enclosed herewith the summary of the proceedings of the AGM as required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This is for your information and records.

Thanking you. Yours faithfully, For Iris Clothings Limited

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Santosh Ladha Managing Director (DIN: 03585561)

Encl: As above

IRIS CLOTHINGS LTD.

103/24/1, Foreshore Road, Binani Metal Compound, Howrah – 711102 Office: +91 33-2640 4674, 33-2637 3856.

email: accounts@irisclothings.in website : www.irisclothings.in CIN : L18109WB2011PLC166895 GSTIN : 19AACCI6963K1Z0

PROCEEDINGS OF THE 10[TH ] ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF M/S. IRIS CLOTHINGS LIMITED HELD ON MONDAY, 27[TH] SEPTEMBER, 2021 AT 4:00 P.M. THROUGH VIDEO-CONFERENCING (VC)/ OTHER AUDIO-VISUAL MEANS (OAVM).

The 10[th] Annual General Meeting (AGM) of the Company was held on Monday, 27[th ] September, 2021 at 4:00 p.m. through Video Conferencing (VC)/ Other Audio-Visual means (OAVM).

The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ('MCA') and the Securities and Exchange Board of India ('SEBI'). Mrs. Sweta Agarwal, Company Secretary, welcomed the Members to the Meeting and briefed them on details relating to their participation at the Meeting through Video Conferencing (VC)/ Other Audio-Visual means (OAVM). The statutory registers as per the Companies Act, 2013 were kept open for inspection by the members electronically during the meeting.

All the Directors were present at the meeting except Ms. Savli Prabhakar Mangle, Independent Director, who could not attend the meeting due to some health issues. The Chairperson of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee was also present at the AGM. Mr. Bhupendra Kumar Bhutia, representative of Statutory Auditor and Mr. Rajesh Ghorawat, Secretarial Auditor and Scrutinizer for the remote e-voting and the e-voting during the proceedings of the AGM, were also present at the Meeting through VC/OAVM.

The Company Secretary informed the members that pursuant to the provisions of the Companies Act, 2013 read with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), the Company has provided a facility to its members to exercise their right to vote electronically for the 10[th] Annual General Meeting through remote electronic voting (evoting) service facilitated by the Central Depository Services (India) Limited (CDSL), on all the resolutions set out in the AGM Notice. The remote e-voting facility commenced on 24[th] September, 2021 at 9:00 A.M. and ended on 26[th] September, 2021 at 5:00 P.M. The shareholders who were present in this virtual meeting and who have not or could not exercise their vote through remote e-voting option, could vote at this meeting. The voting results along with Scrutinizer Report would be submitted to Stock Exchange within 48 hours of the conclusion of the meeting and would be available on the website of the Company and CDSL.

IRIS CLOTHINGS LTD.

103/24/1, Foreshore Road, Binani Metal Compound, Howrah – 711102 Office: +91 33-2640 4674, 33-2637 3856.

email: accounts@irisclothings.in website : www.irisclothings.in CIN : L18109WB2011PLC166895 GSTIN : 19AACCI6963K1Z0

Thereafter, she welcomed Mr. Santosh Ladha, Managing Director of the Company, to chair the meeting. The Chairman welcomed the members who were present in the meeting through Video Conferencing (VC)/ Other Audio-Visual means (OAVM) and on requisite quorum being present, called the Meeting to order. Total 13 members were present at the meeting.

The Chairman then proceeded to deliver his speech, giving an overview of the economy and financial performance of the Company for the Financial Year 2020-2021.

With the consent of the shareholders, the Notice convening the AGM, the Board’s Report and the Auditor's Report were taken as read.

In terms of the Notice dated 27[th] August, 2021 convening the 10[th] AGM of the Company, the following business were transacted at the Meeting through e-voting:

Ordinary Business:

1. To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2021, together with the Reports of the Board of Directors and Auditors thereon.

2. To appoint a Director in place of Mr. Baldev Das Ladha (DIN: 03585566), who retires by rotation and being eligible, offers himself for re-appointment.

No queries were received from the members and no request for speaker registration was received by the Company.

The Chairman then thanked the Members for their continued support and for attending and participating in the Meeting.

The meeting ended with a vote of thanks to the Chair at 4.12 p.m.

For Iris Clothings Limited

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Santosh Ladha Managing Director (DIN: 03585561)