IZMO Limited — AGM Information 2022

Sep 26, 2022

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September 26, 2022

The Manager The Manager – Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5[th] Floor Floor 25, Phiroze Jeejeebhoy Tower Plot No. C/1, G Block, Dalal Street, Mumbai-400001 Bandra Kurla Complex, Bandra(E), Mumbai-400051

BSE Scrip Code: 532341 NSE Symbol: IZMO

Dear Sir/Madam,

Subject: Proceedings of 27th Annual General Meeting of the Company held on 26.09.2022

Pursuant to Regulation 30(2) read with Para-A of Schedule III- Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, please be informed that 27th Annual General Meeting of Izmo Limited was held on Monday September 26, 2022 at 12:30 PM (IST) through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”).

In this regard, please find enclosed Proceedings of 27th Annual General Meeting of the Company.

Request you to take the same on record.

Thanking You

Yours faithfully,

for IZMO Limited

DANIS Digitally signed by DANISH REZA H REZA Date: 2022.09.26 18:35:49 +05'30'

Danish Reza

Company Secretary and Compliance Officer

Enc: As Above

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SUMMARY OF PROCEEDINGS/OUTCOME OF THE 27TH ANNUAL GENERAL MEETING OF IZMO LIMITED

In compliance with the General Circulars No. 14/2020, No. 17/2020, No. 20/2020, No. 02/2021 and No. 2/2022 dated April 8, 2020, April 13, 2020, May 5, 2020 , January 13, 2021 and May 5, 2022 respectively issued by the Ministry of Corporate Affairs (the “MCA”) read with SEBI Circulars No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020, SEBI/HO/CFD /CMD2/CIR/P/2021/11 dated January 15, 2021 and No. SEBI/HO/CFD/CMD2/ CIR/P/2022/6 dated May 13, 2022, the 27th (Twenty Seventh) Annual General Meeting (the “AGM” or the “Meeting”) of the Members of Izmo Limited (the “Company”) was duly convened and held on Monday, September 27th 2022, through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”), which commenced at 12:30 P.M. (IST) and concluded at 01:12 P.M. (IST) (including the time allowed for e-voting at AGM).

Mr. Danish Reza, Company Secretary, welcomed the Members attending the Annual General Meeting and introduced the Board of Directors present in the meeting. He requested the chairperson to chair the meeting. Mrs. Shashi Soni, Chairperson of the Company confirmed the presence of requisite Quorum and declares the meeting to order. All directors including the Chairman of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee etc., were present at the meeting.

Mr. Guru Prakash V, the Statutory Auditor and Mr. Syed Shahabuddin, the Secretarial Auditor of the Company were also present at the meeting.

Total 71 members attended the Annual General Meeting as per the records of the attendance.

Mrs. Shashi Soni, the Chairperson of the Company address the shareholders with warm welcome, expressing her gratitude to all Board of Directors, Key Managerial Employees and esteemed Shareholders for their continued co-operation, trust and support towards the Company. Chairperson then requested the Company Secretary to highlight the regulatory matters and general instruction pertaining to this Annual General Meeting.

The Company Secretary highlighted the regulatory matters and general Instruction pertaining to AGM. The Company Secretary informed that there were no qualifications, observations or other remarks made by the Auditors in their Report on the Financial Statements (both Standalone and Consolidated) or by the Secretarial Auditor in his Secretarial Audit Report for the financial year ended March 31, 2022 which may have any adverse effect on the functioning of the Company. Hence, the said Reports were not required to be read

The Notice convening the 27th AGM (the “Notice”), the Auditor’s Report and the Secretarial Auditor’s Report was taken as read with the consent of the Members present.

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The Company Secretary, also informed the Members that in compliance with the provisions of Section 108 and other applicable provisions, if any, of the Companies Act, 2013 and rules framed there under and amendments thereto, read together with the MCA Circulars and Regulation 44 of the Listing Regulations, the Company had engaged the services of CDSL to provide remote e-Voting facility which commenced on Friday, September 23, 2022 (9:00 A.M. IST) and ended on September 26, 2022 (5:00 P.M. IST) and e-Voting facility during the AGM to all the eligible Members to enable them to cast their votes electronically in respect of the businesses transacted at the Meeting.

The Managing Director of the Company, Mr. Sanjay Soni was requested to give a brief overview of Company’s Operation and future outlook of the Company.

Thereafter, the resolutions were tabled at the Meeting and the objectives and implications of each item of businesses for consideration by the shareholders since already set out in the notice of AGM. At the request of Chairperson, the Company Secretary invited the Shareholders who had registered themselves as Speakers and were attending the Meeting through VC / OAVM, to put forward their queries / reviews, if any, on the Reports and Financial Statements of the Company for the financial year ended March 31, 2022 and/or on the Agenda Items as contained in the Notice.

The voting rights of the Members were reckoned based on the number of shares held by them as on the ‘cutoff’ date i.e., Monday, September 19, 2022. CS Syed Shahabuddin, Practicing Company Secretary, (Membership No.: ACS-4121 and C.P. No. 11932), Bangalore, was appointed for the purpose of scrutinizing the process of remote e-voting and e-voting during the Meeting in a fair and transparent manner.

Thereafter, the following businesses as set out in the Notice convening the AGM were transacted at the meeting and passed by the members with requisite majority by remote evoting

Sl No.	Particulars
ORDINARY BUSINESS (Ordinary Resolution)
1.	Adoption of Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended March 31, 2022, together with the Reports oftheBoard of Directorsand theAuditors thereon.
2.	Re-appointment of Mr. Sanjay Soni (DIN:00609097), who retires by rotation, and being eligible, offershimself for re-appointment.
3.	Appointment of Mr. Ramaswamy Vijayanand, Chartered Accountant (Membership No.: 202118), as the Statutory Auditor of the Company for a term of 5 (five) consecutive years and authorising the Board of Directors to fix remuneration
SPECIAL BUSINESS (Special Resolution)
4.	Re-appointment of Mrs. Shashi Soni (DIN: 00609217) as Whole Time Director of the Company,liable toretire byrotation.

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The Members were informed that the consolidated results will be declared as per the details given in the Notice. The Chairperson concluded the proceedings of the Meeting and thereafter thanked the Directors -and the Shareholders for joining the Meeting.

The Meeting was concluded with a vote of thanks to the Chair. The e-Voting facility was kept open for another 15 minutes to enable the Members to cast their votes.

Thanking You

Yours faithfully,

for IZMO Limited

DANIS Digitally signed by DANISH REZA Date: 2022.09.26 H REZA 18:36:28 +05'30'

Danish Reza

Company Secretary and Compliance Officer

Enc: As Above

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