Kinetic Engineering Ltd. — AGM Information 2024

Oct 1, 2024

==> picture [596 x 125] intentionally omitted <==

KEL:SH:SE: Date: 1[st] October, 2024

To

The Manager - Corporate Relationship Department BSE Limited, 1[st] Floor, Phiroze Jeejeebhoy Towers, Fort, Mumbai- 400 001, Maharashtra, India

Scrip Code: BSE-500240

Subject: Proceeding of Annual General Meeting held on 30[th] September, 2024

Dear Sir/Madam,

This is to inform you that the Shareholders/Members of the Company at its meeting held today 30[th] September, 2024 inter-alia, approved the following:

Ordinary Business:

1. Consideration and Adoption of Audited Standalone Financial Statements of the Company for the Financial Year ended 31[st] March, 2024, and the Reports of the Board of Directors and Auditors thereon.

2. Consideration and Adoption of Audited Consolidated Financial Statements of the Company for the Financial Year ended 31[st] March, 2024, and the Reports of the Auditors thereon.

3. To appoint a director in place of Mrs. Jayashree Arun Firodia (DIN: 00328499), who attains 81 years’ of age and retires by rotation, being eligible, offers herself for re-appointment.

Special Business:

1. To approve material related party transaction(s) between the Company and Kinetic Green Energy & Power Solution Ltd.

2. To approve material related party transaction(s) between the Company and Kinetic Watts and Volts Ltd.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed herewith the proceedings of Annual General Meeting held on 30[th] September 2024.

This is for your information and records.

Thanking you. Yours faithfully,

For Kinetic Engineering Limited

Chaitany Digitally signed by Chaitanya Mundra a Mundra Date: 2024.10.01 12:10:03 +05'30'

Chaitanya Mundra

Company Secretary and Compliance Officer

==> picture [596 x 81] intentionally omitted <==

==> picture [596 x 125] intentionally omitted <==

The Annual General Meeting (“AGM”) of Kinetic Engineering Limited (“the Company”) was held on Monday, 30[th] September 2024, at 11:30 a.m. (IST), through Video Conferencing/Other Audio-Visual Means (“VC/OAVM”) facility, in compliance with General Circulars issued by the Ministry of Corporate Affairs (“MCA”) and other applicable Circulars issued by the Securities and Exchange Board of India (“SEBI”) and as per the applicable provisions of the Companies Act. 2013 and the Rules made thereunder. The meeting commenced at 11:30 a.m. (IST) and concluded at 11.40 a.m. (IST). The deemed venue of the AGM was the Registered Office of the Company, i.e., D-1 Block, Plot No. 18/2, MIDC, Chinchwad, Pune - 411019, Maharashtra, India.

A total of 57 members attended the meeting.

Chairman: Mr. Arun Firodia – Chairman & Non-Executive Director, chaired the meeting.

Proceedings:

Mr. Chaitanya Mundra, Company Secretary welcomed the members of the Company and briefed them about the process to participate at the Meeting. The Chairman then delivered his opening address and gave an overview of the Financial performance of the Company.

Thereafter, the following items were placed and transacted before the shareholders –

Sr. No.	Particulars of Resolution	Type of Resolution
1	Consideration and Adoption of Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2024, and the Reports of the Board of Directors and Auditors thereon.	Ordinary
2	Consideration and Adoption of Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024, and the Reports of the Auditors thereon.	Ordinary
3	To appoint a director in place of Mrs. Jayashree Arun Firodia (DIN: 00328499), who attains 81 years’ of age and retires by rotation, being eligible, offers herself for re-appointment.	Special
4	To approve material related party transaction(s) between the Company and Kinetic Green Energy& Power Solution Ltd.	Ordinary
5	To approve material related party transaction(s) between the Company and Kinetic Watts and Volts Ltd.	Ordinary

The Company Secretary took the Notice already sent to the members as read. CS Dinesh Birla, Proprietor, M/s. Dinesh Birla & Associates, Practicing Company Secretaries, Pune, as the Scrutinizer for remote e-voting as well as e- voting at the AGM.

The Company Secretary then thanked the members for attending the Meeting on behalf of the Chair and declared the Meeting as concluded and informed that those Members who have not voted through remote e voting may cast their votes during next 15 minutes.

Thanking you.

For Kinetic Engineering Limited

Chaitany Digitally signed by Chaitanya Mundra a Mundra Date: 2024.10.01 12:10:21 +05'30'

Chaitanya Mundra

Company Secretary and Compliance Officer

==> picture [596 x 81] intentionally omitted <==