Jyoti Ltd. — AGM Information 2020

Sep 30, 2020

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By Electronic Mode

Nanubhai Amin Marg, Industrial Area, P.O. Chemical Industries, Vadodara-390 003. (India) Phone :3054444 Fax : ++91-265-2281871 2280671 E.Mail : jyotiltd@jyoti.com Website : http://www.jyoti.com CIN: L36990GJ1943PLC000363

30[th ] September, 2020 The General Manager DSC-CRD (Corporate Relationship Department) BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400 001

SCRIP CODE: 504076

Gist of the Proceedings of the 76[th ] Annual General Meeting of Jyoti Limited held on 30[th ] September, 2020 through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM").

Mr. Suresh Singhal, Company Secretary welcomed all Members to the 76[th ] Annual General Meeting (AGM) of the Company held on Wednesday, 30[t][h ] September, 2020 at 10.00 a.m. 1ST through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") in accordance with the Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India.

All the Directors, Mr. Samir Parikh from M/s. Amin Parikh & Co. Statutory Auditors and Mr. Ravi Kapoor, Practicing Company Secretary, Secretarial Auditors and Scrutinizer for the meeting also joined the meeting through VC from their respective location_s.

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Thereafter, Mr. Suresh Singhal, Company Secretary informed the Members about the relevant points for participation in the meeting and the manner of inspection of the statutory registers electronically as required UJlder the Companies Act, 2013.

Mr. Suresh Singhal, Company· Secretary further informed that Mr. Ravi Kapoor, Practicing Company Secretary, Ahmadabad, has been appointed as Scrutinizer to scrutinize the votes cast through remote e-voting and during the meeting.

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Jyoti Ltd. ® Water • Power • Progress

Mr. Suresh Singha!, Co.mpany Secretary confirmed that the quorum was present.

Mr. Rahul Amin, Chairman declared the meeting in order and the Meeting proceeded further.

With the permission of the Chairman, the Notice convening the Meeting, having been circulated to all the Members, was taken as read. As there is no qualification raised by Statutory Auditors in Auditor's Report, therefore it was also not required to be read.

The Company Secretary drew the attention of the Members to the fact that there are Six (6) items in the Agenda for this Annual General Meeting.

Ordinary Businesses:

1. To receive, consider, approve and adopt the Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended on March 31, 2020, together with the Directors' and Auditors' Reports thereon.

2. Reappointment of Mrs. Tejal Rahul Amin (DIN. 00[1] 69860) as a Director of the Company.

Special Business:

1. Reclassification of the Status of Promoter Group Shareholding into Public Shareholding.

2. Appointment of Mr. Rahul N Amin as Managing Director of the Company.

3. Ratification of remuneration of Cost Auditors for the financial year ending on 3[1][s] [t ] March, 2021.

4. Alteration of Articles of Association of the Company.

The Chairman gave the overview of the financial performance of the Company fo! the financial year ended March 31, 2020 and its future outlook. The Chairman then invited the shareholders registered as Speakers to put forth their point.

The Company Secretary informed that the names of the Shareholders registered as speakers are not appearing in the list of Attendee at the time of meeting.

The Chairman further informed that, all the Resolulions forming part of the-Notice of the Annual General Meeting have already been voted through remote e-voting. However, as per requirement of the law, E-voting facility is also being provided to those members who have not cast their votes through remote e-voting facility during the course of this meeting.

The Chairman further informed that, e-voting facility is open for those members who have not casted their vote through remote e-voting facility and the same will remain

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® Water • Power • Progress

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open till 15 minutes after conclusion of the meeting and that the results of the voting would be separately notified to the stock exchange within 48 hours from the conclusion of the Annual General Meeting and the details of the results shall also be uploaded on the Company's website and also at the website of CDSL.

The meeting concluded with a vote of thanks to the Chairman of the meeting.

Thanking you,

Yours faithfully, . _ _ 4 cs s. Smghal '·· '"t �A . Vice President (Legal) & , Company Secretary ,. M. No. F8289 d < ,tl . ?r?