Khandelwal Extraction Ltd. — AGM Information 2022

Sep 24, 2022

KHANDELWAL EXTRACTIONS LTD.

51/47 , NAYAGANJ, KANPUR-208001 Phones: 2313195, 2319610 Mobile No.: 09415330630 Email Id : kelknp@yahoo.com Website: www.khandelwalextractions.com CIN : L24241UP1981PLC005282

Ref. No. HO/SECY/22-23/33/

24[th] September 2022

To, The Listing Manager BSE Ltd. The Department of Corporate Services PJ Towers, Dalal Street MUMBAI -400001 Scrip Code: 519064 ISIN No: INE687W01010 Listing Centre: listing.bseindia.com

Sub: Proceedings of 40[th] Annual General Meeting

Dear Sir/Ma’am,

Pursuant to Regulation 30 of SEBI( Listing Obligations and Disclosure Requirements), Regulations, 2015, read with Schedule III, please find enclosed herewith the proceedings of 40[th] Annual General Meeting of the Company held on Saturday, 24[th] September, 2022 at 4:00 P.M. at 50 MIG Bungalow, W Block, Keshav Nagar, Kanpur-208014.

Kindly take the same on your records.

Thanking you

Yours faithfully

For Khandelwal Extractions Limited

Digitally signed by DINESH KHANDELWAL DN: c=IN, o=Personal, title=7039, DINESH pseudonym=1c82a7a7791d2fc5a5fd441511b0c01d57a8673ea366380c9df4e731468c34d7, postalCode=208014, st=Uttar Pradesh, serialNumber=c9a0976439efa16f26e5afed830c796de KHANDELWAL 780be353042b32f11cf802ad472cbc8, cn=DINESH KHANDELWAL Date: 2022.09.24 17:44:48 +05'30'

Dinesh Khandelwal Director (Finance) & CFO DIN: 00161831

KHANDELWAL EXTRACTIONS LTD.

51/47 , NAYAGANJ, KANPUR-208001 Phones: 2313195, 2319610 Mobile No.: 09415330630 Email Id : kelknp@yahoo.com Website: www.khandelwalextractions.com CIN : L24241UP1981PLC005282

BRIEF PROCEEDINGS OF THE 40[TH] ANNUAL GENERAL MEETING OF M/S KHANDELWAL EXTRACTIONS LIMITED HELD ON SATURDAY, 24[TH] SEPTEMBER, 2022 AT 4:00 P.M. AT 50 MIG, W BLOCK, KESHAV NAGAR, KANPUR -208014

MEMBERS PRESENT:

Total No. of members as on the cut-off date	2181
No. of members present in person	18
No. of members present by proxy	-
Total no. of members present (in person & proxy)	18

All the Directors except Mr. Anil Kamthan, including Mr. Ashok Gupta, Chairman of the Audit Committee and Nomination and Remuneration Committee, Representative of Statutory Auditor, Secretarial Auditor and Scrutinizer appointed for E-voting/poll attended the meeting as per the records of attendance register.

Mr. Dinesh Khandelwal, Director (Finance) & CFO welcomed the members, Directors and Auditors present at the 40[th] Annual General Meeting of the Company. Thereafter, Shri K. N. Khandelwal chaired the proceedings of the meeting. Mr. Ashok Gupta, Independent Director chaired the proceedings in respect of item of business where Shri K.N. Khandelwal was deemed to be interested.

The Chairman confirmed that the requisite quorum was present and declared the meeting as properly constituted.

Digitally signed by KHANDELWAL KAILASH NATH DN: c=IN, st=Uttar Pradesh, 2.5.4.20=bd028acd7033d3b276cc766995fee4 74f4f4b81a7a7c8dca0f6c61cfcdcfc3de, postalCode=208014, street=50 MIG bunglow, W block keshav Nagar, serialNumber=9808307393860a57f0c2c003f1 d14094d00d4bcb6f57f31a5e2bd0734b32c36d , o=Personal, cn=KHANDELWAL KAILASH NATH, pseudonym=bb79eb7ae76e51825f7beda48e7 674ce Date: 2022.09.24 17:46:03 +05'30'

KHANDELW AL KAILASH NATH

The Registers and documents as statutorily required to be made available at the AGM, were available for inspection during the meeting.

With the consent of members present, the Notice dated 13.08.2022 convening the AGM was taken as read.

The Independent Auditors Report dated 28.05.2022 on the audited accounts for the financial year 2021-22 and Secretarial Audit Report dated 03.08.2022 for the financial year ended 31[st ] March, 2022 were taken as read.

The Director (Finance) & CFO informed the members that the Company provided E-voting facility to the members holding shares as on the cut-off date, 17[th ] September, 2022 on all the 4 resolutions set forth in the notice through CDSL. The remote e-voting facility was kept open from 21[st] September, 2022 (10:00 am) to 23[rd] September, 2022 (5:00 pm). Mr. G.K. Banthia, Prop. M/s Banthia & Co., Practicing Company Secretary, Kanpur was appointed as the Scrutinizer by the Board of Directors for scrutinizing the E-voting/ Poll process.

No voting by show of hands was provided. The members who were present at the AGM and had not cast their votes electronically were provided an opportunity to cast their votes through ballot papers distributed at the venue of the meeting. No member voted through ballot papers.

The Chairman informed that the voting results will be announced within the stipulated time from the conclusion of this Annual General Meeting. He also stated that the voting results along with the Scrutinizer’s report prepared by Mr. G.K.Banthia, would be uploaded on the Company’s website i.e. www.khandelwalextractions.com and on the website of CDSL i.e. www.evotingindia.com. The voting results along with the Scrutinizer’s report will simultaneously be communicated to BSE Ltd.

The Chairman addressed the shareholders and gave an overview of the financial performance of the Company during the year 2021-22 and invited comments on the Annual accounts, Annual Report and notice to the Annual General Meeting which were duly addressed by Whole-time Director (Finance) & CFO. Clarifications were also provided to the queries raised by the members.

Digitally signed by KHANDELWAL KAILASH NATH DN: c=IN, st=Uttar Pradesh, KHANDELW 2.5.4.20=bd028acd7033d3b276cc766995fee474f 4f4b81a7a7c8dca0f6c61cfcdcfc3de, postalCode=208014, street=50 MIG bunglow, W block keshav Nagar, AL KAILASH serialNumber=9808307393860a57f0c2c003f1d14 094d00d4bcb6f57f31a5e2bd0734b32c36d, o=Personal, cn=KHANDELWAL KAILASH NATH, pseudonym=bb79eb7ae76e51825f7beda48e767 NATH 4ce Date: 2022.09.24 17:46:30 +05'30'

The following items of business as per the notice of 40[th ] Annual General Meeting dated 13[th ] August, 2022 were transacted at the meeting:

AS ORDINARY RESOLUTION:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 and Report of the Board of Directors and Auditors’ thereon.

2. To appoint a Director in place of Shri Vishwa Nath Khandelwal (DIN: 00161893), who retires by rotation and being eligible offers himself for re-appointment.

3. To appoint M/s P.L.Tandon & Co., Chartered Accountants, Kanpur (ICAI Registration no. 000186C) as Statutory Auditors of the Company and fix their remuneration.

AS SPECIAL RESOLUTION:

1. Re-appointment of Shri Dinesh Khandelwal (DIN: 00161831) as Whole-time Director (Finance) & CFO.

The Chairman expressed his gratitude to the shareholders. Thereafter, the meeting was concluded with a vote of thanks to the chair at 4:30 P.M.

Place: Kanpur

For Khandelwal Extractions Limited

Date: 24.09.2022 Digitally signed by KHANDELWAL KAILASH NATH KHANDELWA DN: c=IN, st=Uttar Pradesh, 2.5.4.20=bd028acd7033d3b276cc766995fee474f4f4b8 1a7a7c8dca0f6c61cfcdcfc3de, postalCode=208014, street=50 MIG bunglow, W block keshav Nagar, L KAILASH serialNumber=9808307393860a57f0c2c003f1d14094d 00d4bcb6f57f31a5e2bd0734b32c36d, o=Personal, cn=KHANDELWAL KAILASH NATH, pseudonym=bb79eb7ae76e51825f7beda48e7674ce NATH Date: 2022.09.24 17:46:59 +05'30'

Kailash Nath Khandelwal

(Chairman)

DIN: 00037250