JHS Svendgaard Laboratories Ltd. — AGM Information 2024

Sep 10, 2024

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CIN : L74110HP2004LC027558

Date: 10-09-2024

To, The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza Bandra Kurla Complex, Dalal Street, Mumbai-400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532771 Symbol: JHS

Subject- Summary of Proceedings of 20[th ] Annual General Meeting (“AGM”) of JHS Svendgaard Laboratories Limited (“the Company”).

Dear Sir,

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and as per SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July, 2023, we wish to inform you that the 20[th] Annual General Meeting of the members of the Company was held on Tuesday, September 10, 2024 (today) at 1:00 P.M. (IST) through Video Conference (VC)/ Other Audio-Visual Means (OAVM) and concluded at 01:40 P.M. to transact the business as stated in the AGM Notice dated 16[th] August, 2024.

In this regard, please find enclosed herewith the proceedings of 20[th] AGM of the Company.

The above information is also being available on the website of company at www.svendgaard.com.

This is for your information and records.

Thanking you Yours faithfully,

For JHS Svendgaard Laboratories Limited

Digitally signed by Komal Jha Komal Jha Date: 2024.09.10 15:32:07 +05'30'

Komal Jha

Company Secretary and Compliance Officer

Encl: A/a

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CIN : L74110HP2004LC027558

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SUMMARY OF PROCEEDINGS OF THE 20[th] ANNUAL GENERAL MEETING OF JHS SVENDGAARD LABORATORIES LIMITED HELD ON TUESDAY, 10[th] SEPTEMBER, 2024 AT 1:00 P.M.

The 20[th] Annual General Meeting (‘AGM’) of Members of the Company JHS Svendgaard Laboratories Limited was held on Tuesday, 10[th] September, 2024 at 1:00 P.M. through two way Video Conferencing (“VC") / Other Audio-Visual Means (“OAVM”) in accordance with the MCA Circulars and the SEBI Circulars.

Mrs. Komal Jha, the Company Secretary welcomed all the Members and informed them that the facility to participate through VC had been made available in accordance with the circulars issued by MCA and briefed the Members on certain points relating to participation at the Meeting through VC.

The Shareholders were informed that the notice of 20[th] AGM had been sent through electronic mode to all the members whose e-mail addresses are registered with the company/depository participant(s). The Shareholders were also informed that the said documents were also available at the website of the company.

Due to some unavoidable circumstance, the chairperson of the company Mr. R.C Venkateish could not attend the meeting. Therefore, the shareholders of the company proposed Mr. Vinay Mittal, Non-Executive Director as Chairman of the 20[th] Annual General Meeting.

Mr. Vinay Mittal gave his consent to act as the Chairman of the Meeting. Thereafter, the requisite quorum being present, Mr. Vinay Mittal, the Chairperson of the Meeting, called the meeting to order.

The Chairman welcomed all shareholders and other invitees who joined over VC. He introduced the Directors and the Key Managerial Personnel of the Company. It was also stated that representatives of the Statutory Auditor, Secretarial Auditor and Scrutinizer were present in the Meeting through VC. The Chairman informed that the Company has tied up with NSDL to provide facility for voting through e-voting and remote e-voting on all resolutions set forth in the Notice.

The Registers as required under the Companies Act, 2013 and other relevant documents mentioned in the Notice were available for inspection. Since there was no physical attendance of Members and in compliance with the Circulars issued by the MCA and SEBI, the requirement of appointing proxies was not applicable, except for the authorized representatives of corporate shareholders.

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CIN : L74110HP2004LC027558

With the consent of the Members, the Notice convening the Meeting was taken as read. The Members were informed that the Statutory Auditors' Report and Secretarial Audit Report did not have any qualifications.

The following Directors and Officers were present in the meeting.

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DIRECTORS IN ATTENDANCE
 Mr. Nikhil Nanda Managing Director

Mr. Kapil Minocha Independent Director
 Mr. Vinay Mittal Non-Executive Director

Mrs. Upma Chawdhry Independent Director
 Mr. Mukul Pathak
Independent Director
OFFICERS IN PRESENCE
 Mr. Ashish Goel, Chief Financial Officer
 Mrs. Komal Jha Company Secretary and Compliance Officer
 Mr. Paramvir Singh Pabla Chief Executive Officer
QUORUM OF THE MEETING
A total of 63 members attended the meeting.
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Mr. Ashish Goel, the Chief Financial Officer of the Company then made his opening remarks with respect to the growth outlook, the operations and financial performance of the Company. He acknowledged the contribution of all employees and other stakeholders during the year.

The Senior Leadership Team was also present through VC. The representatives of M/s Dahiya & Associates, Secretarial Auditors and Scrutinizers for the e-Voting and remote e-voting during the proceedings of the AGM, were also present at the AGM through VC.

The resolutions set out at Item No. 1 to 8 of the Notice of AGM were put to vote by remote e-voting during the Meeting. In terms of the Notice dated August 16, 2024 Convening the 20[th] AGM of the Company, the following items of businesses were recommended for Member’s consideration and approval for voting at AGM.

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CIN : L74110HP2004LC027558
Resolution Description Type of
Resolution
Ordinary Business Items:
Item No. 1 To receive, consider and adopt the Audited Financial Ordinary
Statements (Standalone & Consolidated) of the Company for the
year ended 31 [st] March, 2024 together with the reports of the Board
of Directors and Statutory Auditors thereon.
Item No. 2 To appoint M/s. Lodha & Co LLP, Chartered Accountants Ordinary
(Firm Registration No. 301051E/E300284) as Statutory Auditor of the
Company for a period of 5 years commencing from the conclusion
of the ensuing Annual General Meeting till the conclusion of 25th
Annual General Meeting to be held in the year of 2029.
Item No. 3 Appointment of Mr. Vinay Mittal (DIN: 08232559), as Ordinary
Director, liable to retires by rotation.
Special Business Items:
Item No. 4 Appointment of Statutory Auditor to fill casual vacancy. Ordinary
Item No. 5 Addition of new clauses to existing clauses of main object Special
in the Objects Clause (Clause III) of Memorandum of Association.
Item No. 6 To advance any Loan/Give Guarantee /Provide Security Special
under Section 185 of the Companies Act, 2013.
Item No. 7 To advance any Loan/Give Guarantee/Provide Security Special
under Section 185 of the Companies Act, 2013.
Item No. 8 Approval of Material Related Party Transactions with Special
Magna Waves Buildtech Private Limited for the Financial Year 2024-
25.
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Thereafter the Company Secretary informed the Members that the Company had given an option to the shareholders of the Company to register themselves for speaking at the AGM by sending an email to the Company. At the meeting the Shareholders were provided a facility to ask questions or express their views through VC, audio and through web chat options on the tabled resolutions. The queries made by the Members were duly responded to by the Managing Director and Chief Financial Officer.

The Chairperson then thanked the Members for their continued support and for participating in the Meeting and thanked the Directors and the Management team for joining the Meeting.

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CIN : L74110HP2004LC027558

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The Company Secretary then stated that the e-voting facility would be kept open for 15 minutes post conclusion of the proceedings of the Meeting to enable Members, who had not yet cast their votes, to cast their votes on the resolutions proposed in the AGM Notice.

The Company Secretary declared that the Meeting would be considered closed upon completion of e-voting period.

The meeting concluded at 01: 40 P.M. hours (IST).

This is for your information and records.

For JHS Svendgaard Laboratories Limited

Komal Digitally signed by Komal Jha Jha Date: 2024.09.10 15:32:25 +05'30'

Komal Jha

Company Secretary and Compliance Officer

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