KIC Metaliks Ltd. — AGM Information 2020

Oct 1, 2020

[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 : October 1, 2020

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 of the Company held on September 29, 2020 Ref: Regulation 30(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 K I C Metaliks Limited (BSE Scrip Code : 513693; ISIN : INE434C01027)

Dear Sir,

With reference to the above please find enclosed herewith, a summary of the proceedings of the 33[rd] Annual General Meeting ‘AGM’ of the Company held on Tuesday, September 29, 2020 through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) facility.

All the Resolutions for approval at the 33[rd] AGM, as set out in the Notice dated August 25, 2020 were proposed and put to vote by the e-voting at the AGM. The facility of casting votes by remote e-voting was also provided to the Shareholders from 10.00 a.m. on Saturday, September 26, 2020 till 5.00 p.m. on Monday, September 28, 2020.

Kindly take the same on record.

Thanking You,

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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 33[rd] Annual General Meeting

The 33[rd] Annual General Meeting ‘AGM’ of the shareholders of K I C Metaliks Limited was held on Tuesday, September 29, 2020 through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) facility. The meeting started at 10:30 a.m. (IST) and concluded at 11:30 a.m. (IST). Since the Directors and KMP attended the AGM through VC/OAVM from registered office of the Company it is deemed to be the venue of the AGM.

Mr. Radhey Shyam Jalan, Chairman and 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. 22 shareholders joined the meeting through VC/OAVM. 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 Listing Regulations the Company has provided to the shareholders the facility to exercise their vote through electronic means.

She further informed that the Board had appointed Ms. Neha Yahav, Company Secretary in Practice, as Scrutinizer to scrutinize the e-voting process 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 August 25, 2020, convening the 33[rd] AGM of the Company, the following items of business were transacted at the Meeting :

ORDINARY BUSINESS :

1. Consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2020, together with the Report of the Board of Directors’ and Auditors’ thereon.

2. Re-appointment of Mr. Radhey Shyam Jalan (DIN: 00578800) who retires by rotation.

SPECIAL BUSINESS :

1. Approve appointment of Mr. Mukesh Bengani (DIN: 08892916) as a Wholetime Director designated as Director Finance and Chief Financial Officer of the Company and fixing his remuneration.

2. Approve appointment of Mr. Kanhaiyalal Didwania (DIN: 07746160) as a Director of the Company.

3. Ratification of the remuneration of the Cost Auditors (Firm Registration No. 101919) of the Company for the financial year 2020-21.

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The Shareholders who have pre registered themselves as speakers were given the opportunity to ask questions and seek clarifications. The Chairman responded to the questions raised by the shareholders.

Post the question and answer session, the Chairman thanked the Shareholders present at the Meeting and then concluded the Meeting. The e-voting facility was open for 15 minute after conclusion of the AGM for shareholder who have not casted the vote through remote e-voting.

This is for your information and record.

Thanking You,

Yours faithfully,

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