Jindal Drilling & Industries Ltd. — AGM Information 2021

Sep 28, 2021

JINDAL DRILLING & INDUSTRIES LTD.

CORPORATE OFFICE : PLOT NO. 30, INSTITUTIONAL SECTOR-44, GURGAON-122 002 HARYANA (INDIA) TEL : +91-124-4624000, 2574326, 2574620 FAX : +91-124-2574327, 4624215 E-mail : contacts@jindaldrilling.in Website : www.jindal.com CIN : L27201MH1983PLC233813

E-Communication

JDIL/SEC/SE/2021-22 September 28, 2021

BSE Limited National Stock Exchange of India Limited 25th Floor, P.J. Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Mumbai-400001 Bandra - Kurla Complex

Bandra (E), Mumbai-400051

Stock Code: 511034 Stock Code: JINDRILL

Sub: Summary of the Proceedings of the 37th Annual General Meeting of the Company

Dear Sir/Madam,

Pursuant to Regulation 30 read with Part-A of Schedule II! of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of 37th Annual General Meeting (AGM) of the Company held on 28th September, 2021.

This is for your information and records.

Thanking you,

OPERATIONS OFFICE : 3RD FLOOR, KESHAVA BUILDING, BANDRA - KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 051 "os > MEMBER TEL : +91-22-26592889, 26592892, 26592894 ¢ FAX : +91-22-26592630 a REGD. OFFICE : PIPE NAGAR, VILLAGE- SUKELI , N.H. 17, B.K.G. ROAD, TALUKA ROHA, DISTT. RAIGAD - 402128 { MAHARASHTRA ) TEL : +91-02194-238511, 238512, 238567, 238569 FAX : +91-02194-238513 MEMBER : INTERNATIONAL ASSOCIATION OF DRILLING CONTRACTORS, HOUSTON, TEXAS, USA

Summary of the Proceedings of the 37th Annual General Meeting of Jindal drilling and industries Limited:-

The 37th Annual General Meeting (AGM) of the Members of the Company was held on Tuesday, 28th September, 2021 at 4:00 P.M. through Video Conferencing (VC) in accordance with the applicable provisions of Companies Act, 2013 read with the Rules, Circulars issued thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).

The Company had provided electronic voting facility (remote e-voting) to its members to vote on resolutions to be placed in the AGM. The remote e-voting facility was open between 25th September, 2021 (09.00 A.M.) and 27th September, 2021 (05.00 P.M). Further, the members who were present at the meeting and have not cast their vote by remote e-voting were allowed to cast their vote at the AGM. The following items of businesses were transacted at the meeting:

	Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).
D.Mr.	CompanytheChairmanofNon-ExecutiveJindal,P.proceedings of the AGM.	conductthechairedto
welcomed	The Requisite quorum being present, the Chairman called the meeting to be in order andof themembers,permissionWiththethemembers.allAuditor's Report were taken as read.	of AGMandNotice
	The Chairman addressed the members present at the meeting and briefed the membersabout Company's operations, achievement and future outlook of the Company.
September,weretransacted	The Company had provided electronic voting facility (remote e-voting) to its members to voteon resolutions to be placed in the AGM. The remote e-voting facility was open between 25th2021(05.00September,A.M.)and27th2021(09.00members who were present at the meeting and have not cast their vote by remote e-votingfollowingitemstheAGM.Thecasttheirvoteatallowedtoat the meeting:	P.M).Further,thewereofbusinesses
S. No.	Particulars of Business	Nature of resolution
	Ordinary Business:
	Adoption of:	Ordinary
1.	a) The Audited Financial Statements of the Company foryear endedMarch,2021,togetherfinancial31stthewith the Reports of the Directors and Auditors thereon;and
	b) The Audited Consolidated Financial Statements of theCompanyendedMarch,year31stfinancialthefor2021, together with the Report of the Auditors thereon.
2.	Declaration of Dividend on equity shares of the Company	Ordinary
	3. Re-appointment of Mr.(DIN-00405579)P JindalasDa Director, who retires by rotation	Ordinary
Special	Business:
4.	Appointment of Mr.00940261),as aSinghal (DIN:S.K. Non-executive Director of the Company	Ordinary
5.	Appointment of Dr. R. K. Aggarwal(DIN: 00005349) as anIndependent Director	Special
6.	ApprovalRelatedtransaction(s)PartyVirtuewithforDrilling PTE Ltd., Singapore	Ordinary
	7. Approval for Related Party transaction(s) with MaharashtraSeamless Limited	Ordinary

The members were invited to make their comments and raise queries. The queries rose with respect to the Operations, performance and future prospects of the Company were satisfactorily responded to the members present.

Further, the members were informed that Mr. Manish Baldeva, Proprietor M/s M. Baldeva Associates, Company Secretaries was appointed as Scrutinizer to scrutinize the remote e-voting and voting at AGM and the voting results on resolutions will be announced on receipt of consolidated Scrutiniser's report within 2 working days from the conclusion of the meeting and simultaneously be disseminated to the stock exchanges and also be placed on the website of the Company and National Securities Depository Limited (NSDL).

The Chairman then thanked the members present at the meeting and declared the meeting closed at 4:35 P.M.

You are requested to take the same as compliance under Regulation 30 of the Listing Regulations. Voting Results, in the format prescribed pursuant to Regulation 44(3) of the Listing Regulations, shall be submitted in due course.