KIC Metaliks Ltd. — AGM Information 2019

Sep 24, 2019

[METALIKS LIMITED][K I C]

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“Sir R. N. M. House”, 3B, Lal Bazar Street, 4th Floor, Room No. 2, Kolkata – 700 001 Phone : +91-33-2210 3301 Fax : +91-33-4001 9636

Dated : 24[th] September, 2019

To, Deputy General Manager (Listing) Corporate Relationship Department Bombay Stock Exchange Ltd Floor 25, Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400 001

Sub: Summary of Proceedings of Annual General Meeting held on 24[th] September, 2019 Ref: Regulation 30(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 K I C Metaliks Limited (BSE Scrip Code : 513693; ISIN : INE434C01019)

Dear Sir,

With reference to the above please find enclosed herewith, a summary of the proceedings of the 32[nd] Annual General Meeting ‘AGM’ of the Company held on Tuesday, 24[th] September, 2019 at “Kala Kunj” 48, Shakesperare Sarani, Kolkata – 700 017, West Bengal.

All the Resolutions for approval at the 32[nd] AGM, as set out in the Notice dated 14[th] August, 2019 were proposed and put to vote by the Ballot at the AGM venue. The facility of casting votes by remote e- voting was provided to the Shareholders from 10.00 A.M. on Friday, 20[th] September, 2019 till 5.00 P.M. on Monday, 23[rd] September, 2019.

The Voting Results, in the prescribed format and within time limit as prescribed in Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 ‘SEBI (LODR) Regulation, 2015’ will be submitted subsequent to the scrutinizer providing the voting results.

Kindly take the same on record.

Thanking You,

Yours faithfully,

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Enclosed : As above

CIN : L01409WB1986PLC041169 Factory: Village - Raturia, Angadpur, Durgapur - 713 215 (District: Burdwan) West Bengal, India Phone : +91 987 494 3342, Email: info@kicmetaliks.com, Website: www.kicmetaliks.com

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Summary of the proceedings of the 32[nd] Annual General Meeting

The 32[nd] Annual General Meeting ‘AGM’ of the shareholders of K I C Metaliks Limited was held today i.e. Tuesday, 24[th] September, 2019 at “Kala Kunj” 48, Shakesperare Sarani, Kolkata – 700 017. The meeting started at 10:00 a.m. (IST) and concluded at 10:55 a.m. (IST).

Mr. Radhey Shyam Jalan, Managing Director of the Company chaired the Meeting. The business before the Meeting was taken up as the quorum was present, which remained present throughout the Meeting. 55 shareholders were present in person and through proxy at the Meeting. With the consent of the shareholders, the Notice convening the Meeting and Auditors’ Report were taken as read.

The Company Secretary informed the shareholders that in compliance with the provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015 the Company has provided to the shareholders the facility to exercise their vote through electronic means. Further, the Company Secretary also informed the shareholders that the Ballot paper facility is also being provided at the Meeting venue.

She further informed that the Board had appointed Mrs. Alpana Agrawal, Company Secretary in Practice, as Scrutinizer to scrutinize the e-voting process as well as ballot paper voting at the AGM in a fair and transparent manner.

The Company Secretary then read out the business to be transacted at the Meeting. As per Notice dated 14[th] August, 2019, convening the 32[nd] AGM of the Company, the following items of business were transacted at the Meeting :

ORDINARY BUSINESS :

1. Consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2019 and the Reports of the Board of Directors’ and Auditors’ thereon.

2. Re-appointment of Mr. Radhey Shyam Jalan who retires by rotation.

SPECIAL BUSINESS :

1. Ratification of appointment of M/s. B. N. Agrawal & Co., Chartered Accountants (Firm Registration No. 320312E) as Statutory Auditors of the Company for the entire unexpired period.

2. Re-appointment of Mr. Radhey Shyam Jalan (DIN: 00578800), as Chairman and Managing Director and payment of overall remuneration to him.

3. Re-appointment of Mr. Suresh Kumar Singhal (DIN: 00058501), as an Independent Director of the Company for a period of 5 years.

4. Re-appointment of Mr. Laxmi Narayan Sharma (DIN: 00356855), as an Independent Director of the Company for a period of 5 years.

5. Ratification of the remuneration of the Cost Auditors (Firm Registration No. 101919) of the Company for the financial year 2019-20.

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Shareholders present were given the opportunity to ask questions and seek clarifications. The Chairman responded to the questions raised.

Post the question and answer session, the Chairman thanked the shareholders present at the Meeting and then concluded the Meeting by authorizing the Scrutinizer to carry out the poll process and declare the voting results.

The Voting Results, in the prescribed format and within time limit as prescribed in Regulation 44(3) of Listing Regulations will be submitted subsequent to the scrutinizer providing the voting results.

This is for your information and record.

Thanking You,

Yours faithfully,

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