Jetking Infotrain Ltd. — AGM Information 2021

Sep 29, 2021

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Date: 29[th] September, 2021

To, Corporate Relationship Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 517063

Dear Sir/Madam,

Sub: Proceedings of 37[th] Annual General Meeting held on 29[th] September, 2021

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we enclose herewith the proceedings of the 37th Annual General Meeting of the Members of the Company held on Wednesday, the 29th day of September, 2021 at 11.00 a.m. through Video Conferencing / Other Audio-Visual Means (VC / OAVM).

The Meeting Commenced at 11.03 a.m. and concluded at 12.01 p.m.

Kindly take the same on record.

Thanking you,

Yours faithfully, For JETKING INFOTRAIN LIMITED PRITESH Digitally signed by KISHORE PRITESH KISHORE JHAVERI Date: 2021.09.29 15:39:03 JHAVERI +05'30' PRITESH JHAVERI COMPANY SECRETARY & COMPLIANCE OFFICER ACS 51446

Encl. as above

www.jetking.com Registered Office: 434, Floor -4, Bussa Udyog Bhavan, Tokersey. Jivraj Road, Sewree (W), Mumbai – 400015 E-mail : investors@jetking.com Tel: 022-2415 6528/6486 CIN : L72100MH1983PLC127133

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PROCEEDINGS OF 37[TH] ANNUAL GENERAL MEETING OF JETKING INFOTRAIN LIMITED

The 37[th] Annual General Meeting (“the Meeting or AGM”) of the Members of Jetking Infotrain Limited (“the Company”) was held on Wednesday, September 29, 2021 through Video Conferencing (“VC”)/Other Audio-Visual Means (“OAVM”).

The Meeting Commenced at 11.03 a.m. and concluded at 12.01 p.m.

In compliance with the applicable provisions, the Company had also provided two-way Video-Conferencing facility.

Mr. Suresh Bharwani, Chairman and Additional Non-Executive Director of the Company, Chaired the proceedings of the 37[th] AGM of the Company.

Directors and KMP’s in attendance:

Mr. Suresh Bharwani - Chairman & Additional Non- Executive Director; Mr. Nandu Bharwani, Vice Chairman & Additional Non- Executive Director; Mr. Harsh Bharwani, Whole Time Director; Mr. Siddarth Bharwani, Additional Whole Time Director and CFO; Mr. Mehul Kuwadia, Independent Director and Chairman of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee; Mr. Surjit Banga Independent Director; Mr. Manoj Mandavgane, Independent Director; Ms. Swati Bhatt, Independent Director - Woman Director and Pritesh Jhaveri, Company Secretary and Compliance Officer were present at the Meeting.

Other Representatives:

Mr. Sanjay Kokate, Partner of M/s. PYS & Co. LLP, Statutory Auditor of the Company also attended the meeting through VC.

Mr. Anand Mukherjee, Partner of AVS & Associates, Practicing Company Secretaries, Secretarial Auditor of the Company & Scrutinizer of 37[th] AGM had joined the meeting through VC from registered office of the Company.

Number of member present:

a) Through VC/OAVM : 23

b) By proxy : Nil (As the Meeting was held through VC/OAVM, the option of appointing proxies was not available).

www.jetking.com Registered Office: 434, Floor -4, Bussa Udyog Bhavan, Tokersey. Jivraj Road, Sewree (W), Mumbai – 400015 E-mail : investors@jetking.com Tel: 022-2415 6528/6486 CIN : L72100MH1983PLC127133

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Proceedings in Brief:

Mr. Suresh Bharwani – Chairman & Additional Non- Executive Director, took the Chair of the Meeting. He welcomed all the Directors and Shareholders of the Company to the 37[th] AGM. He then introduced the Directors on the Board and other representatives one by one.

The requisite quorum being present, the Chairman called the Meeting to order.

The Chairman informed the members that the Company had taken all feasible efforts under the current circumstances to enable members to participate through video conference and vote at the AGM.

The Notice convening the AGM and the Annual Report of the Company for the financial year ended 31st March, 2021, were taken as read as the same were already circulated to the members. As the Audit Report, did not contain any qualifications/adverse remarks it was not read at the meeting. The Chairman also informed the members that, observations of Secretarial Auditors which are self-explanatory and management reply on the same has been provided in the Board report of the Company. The Report of Secretarial Auditors was taken as read.

The Chairman then requested Mr. Pritesh Jhaveri, Company Secretary & Compliance Officer of the Company to explain the procedural and technical aspect to the shareholders for attending the meeting. Mr. Pritesh Jhaveri then explained the same to the members.

The Chairman thereafter delivered a short speech and also requested Mr. Siddarth Bharwani, Additional Whole Time Director and CFO of the Company to give brief highlights on the Company performance.

The Members were informed that the Company has made arrangements to enable the Members to vote electronically on the Resolutions placed before the Meeting and the e-voting had commenced on Sunday, 26th September, 2021 and had concluded on Tuesday, 28th September, 2021.

The Company Secretary informed the members that MOA, AOA and the Register of Directors & KMPs (including their shareholding) maintained under Section 170 and Register of Contract maintained under section 189 of the Companies Act, 2013, are made available electronically for inspection by the Members during the AGM. Members seeking to inspect such documents can send their request to cs@jetking.com .

The members were informed about the items of business proposed to be transacted at the Annual General Meeting. The following items of business as set out in the Notice convening the 37[th] AGM were recommended for Members consideration and approval.

www.jetking.com Registered Office: 434, Floor -4, Bussa Udyog Bhavan, Tokersey. Jivraj Road, Sewree (W), Mumbai – 400015 E-mail : investors@jetking.com Tel: 022-2415 6528/6486 CIN : L72100MH1983PLC127133

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Sr. No. Resolution Details
Ordinary Business:
1. To receive, consider and adopt the Audited Standalone Financial Statements for the year
ended March 31, 2021 together with the Reports of the Board of Directors and the
Auditors thereon and the Audited Consolidated Financial Statements for the year ended
March 31, 2021 and the reports of auditors thereon. (Ordinary Resolution)
2. To appoint a Director in place of Mr. Harsh Bharwani (DIN:02020253) who retires by
-
rotation and, being eligible, offers himself for re appointment. (Ordinary Resolution)
3. Appointment of Statutory Auditors of the Company and fix their remuneration.
(Ordinary Resolution)
Special Business:
4. Appointment of Mr. Siddarth Suresh Bharwani (DIN:02020370) as a Director &
Whole-Time Director of the Company. (Special Resolution)
5. Appointment of Mr. Suresh Bharwani (DIN: 00667104) as a Chairman & Non-Executive
Director of the Company. (Special Resolution)
6. Appointment of Mr. Nandu Bharwani (DIN: 00618386) as a Vice Chairman &
Non-Executive Director of the Company. (Special Resolution)
7. Approval for Payment of Remuneration to Mr. Suresh Bharwani (DIN: 00667104),
Former Managing Director of the Company. (Special Resolution)
8. Approval for Payment of Remuneration to Mr. Nandu Bharwani (DIN: 00618386),
Former Joint Managing Director & CFO of the Company. (Special Resolution)
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The Chairman thereafter welcomed the members who had registered themselves as speakers to express their views and ask questions or seek clarifications.

After that, Mr. Pritesh Jhaveri then informed the members about the following:

• a) E-voting on the NSDL platform would continue for another 15 minutes to enable the members to cast their votes who have not casted their votes through remote e-voting.

• b) Mr. Anand Mukherjee, Practicing Company Secretary appointed as a Scrutinizer for scrutiny of the votes cast through the remote e-voting platform and electronic voting at the AGM.

• c) E-voting results along with the consolidated Scrutinizer's Report would be announced within 48 hours after conclusion of the AGM and the same would be intimated to the Stock Exchanges and also be uploaded on the website of the Company and NSDL.

The Chairman thanked the Members for joining the 37[th] AGM of the Company and declared the Meeting as concluded.

The meeting concluded at 12.01 p.m.

Thanking you,

Yours faithfully,

For JETKING INFOTRAIN LIMITED

PRITESH KISHORE Digitally signed by PRITESH KISHORE JHAVERI JHAVERI Date: 2021.09.29 15:39:37 +05'30' PRITESH JHAVERI COMPANY SECRETARY & COMPLIANCE OFFICER ACS 51446

www.jetking.com Registered Office: 434, Floor -4, Bussa Udyog Bhavan, Tokersey. Jivraj Road, Sewree (W), Mumbai – 400015 E-mail : investors@jetking.com Tel: 022-2415 6528/6486 CIN : L72100MH1983PLC127133