KNR Constructions Limited — Declaration of Voting Results & Voting Rights Announcements 2021

Jan 24, 2021

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REPORT OF SCRUTINIZER

To,

The Chairman, KNR Constructions Limited, Hyderabad.

Sir,

Sub: Voting, by way of Postal Ballot process, by the Shareholders of "KNR Constructions Limited" concluded on Friday, 22nd January 2021

I, Vikas Sirohiya, Partner of P S Rao & Associates, Company Secretaries, Hyderabad, appointed as Scrutinizer by the Board of Directors of KNR Constructions Limited (the Company) for the purpose of conducting postal Ballot process, i.e, through physical postal Ballot and electronic voting pursuant to the provisions of Section 110 of the Companies Act, 2013 read with Rules 20 & 22 of the Companies (Management and Administration) Rules, 2014, as amended from time to time, concluded on Friday 22nd January 2021, in respect of the below mentioned resolutions, submit my report as under:

1. The compliance with the provisions of the Companies Act, 2013 and the Rules made thereunder and Circulars issued by MCA and SEBI, if any, relating to passing of resolution through postal ballot process by the shareholders is the responsibility of the management. My responsibility as a Scrutinizer is to ensure that the voting by way of Postal Ballot process, i.e., both through physical postal Ballot and electronic voting is conducted in a fair and transparent manner and provide consolidated Scrutinizer's Report of the total votes cast in favour or against, if any, to the Chairman on the resolutions, based on the report generated from the e-voting system provided by Central depository Services Limited (CDSL), the Agency authorized under the Rules and engaged by the Company to provide e-voting facility and the Ballots received through post.

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• 1. The Company has engaged Central Depository Services (India) Limited (CDSL) as the Service provider for providing the e - voting platform to the shareholders of the Company. Mis Link Intime India Private Limited is the Registrar and share Transfer Agent (RTA) of the Company. The service provider provided a system for recording the votes of the shareholders electronically on all the items of the business.
• 1. The service provider, accordingly had set up e-voting facility on its website. The company and the Service Provider had uploaded all the items of business, as laid in the Postal Ballot Notice, on their respective websites to facilitate its shareholders to cast their votes electronically:
• 1. The Notice of Postal Ballot along with the voting instructions were sent by electronic mode (e-mail) to those members whose email addresses were registered with the Company / Depository Participants I Depositories and by way of registered post to others.
• 1. The voting period commenced at 9.00 A.M. on Thursday, 24th December, 2020 and remained open upto 5.00 P.M. on Frj.day, 220d January 2021.
• 1. The voting rights have been reckoned on the paid up value of Equity shares registered in the name of the shareholders as on the cut-off date, i.e., Friday, 18th December, 2020.
• 1. After closure of the voting period, i.e., at 5.00 P.M. on Friday, 22nd January 2021, the voting portal of the service provider was blocked forthwith.
• 1. The Postal Ballot Forms, received till the said time and date were opened and reconciled with the records maintained by the Share Transfer Agent of the Company. The register recording the assent I dissent of shareholders was updated and reconciled.
• 1. Thereafter I unblocked the votes cast through e-voting facility in the presence of Mr. Md. Baba and Mr. K. Bharath Kumar who acted as the witnesses, (signed hereunder):

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Md. Baba K. Bharath Kumar

1. As a Scrutinizer, Ihave prepared separate Reports on the remote e-voting and on the physical postal ballot and consolidated the same. Ihereby submit the consolidated Report on all the resolutions contained in the Postal Ballot Notice and transacted thereat by way of remote e-voting and by way of physical postal ballot as hereunder:

Item No. 1

Increase in Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association.

Mode of voting	membersNo.ofvoting	No.ofvotescastby them	% of total numberofvalidvotes cast
Postalballot	34	3288	Negligible
E-voting	281	126197326	100 (approx.)
Total	315	126200614	100 (approx.)

i. Voted in favour of the resolution

ii. Voted against the resolution

Mode of voting	No.ofmembersvoting	No.ofvotescastby them	% of total numberofvalidvotes cast
Postalballot	Nil	N.A	N.A
E-voting	15	135	Negligible
Total	15	135	Negligible

iii. Invalid Votes: Nil

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Item No.2

Issue of Bonus Shares

i, Voted in favour of the resolution

Mode of voting	membersNo.ofvoting	No.ofvotescastby them	% of total numberofvalidvotes cast
Postalballot	34	3288	Negligible
E-voting	287	126197717	100 ( approx.)
Total	321	126201005	100 ( approx.)

ii. Voted against the resolution

Mode of voting	No.ofmembersvoting	No.ofvotescastby them	% of total numberofvalidvotescast
Postalballot	Nil	N.A	N.A
E-voting	10	44	Negligible
Total	10	44	Negligible

iii. Invalid Votes: Nil

Item No. 3

Re-appointment of Shri K Narsimha Reddy to the office of Managing Director

Modeof voting	No.ofmembersvoting	No.ofvotescastby them	% of total numberofvalid votes cast
Postalballot	34	3283	Negligible
E-voting	267	48013163	98.35
Total	301	48016446	98.35

i. Voted in favour of the resolution

Note: Votes cast by promoters not been reckoned in the aforesaid table.

ii. Voted against the resolution

Modeof voting	No.ofmembersvoting	No.ofvotescastby them	% of total numberofvalidvotescast
Postalballot	0	N.A	N.A.
E-voting	25	803892	1.65
Total	25	803892	1.65

iii. Invalid Votes: Nil

Item No. 4

Re-appointment of Shri K Jalandhar Reddy to the office of Executive Director

Mode of voting	No.ofmembersvoting	No.ofvotescastby them	% of total numberofvalidvotes cast
Postalballot	34	3283	Negligible
E-voting	263	45207476	92.60
Total	297	45210759	92.60

i. Voted in favour of the resolution

Note: Votes cast by promoters not been reckoned in the aforesaid table.

ii. Voted against the resolution

Mode of voting	No.ofmembersvoting	No.ofvotescastby them	% of total numberofvalidvotes cast
Postalballot	0	N.A	N.A.
E-voting	28	3609529	7.39
Total	28	3609529	7.39

iii. Invalid Votes: Nil

All electronic data and relevant records of voting will remain in my custody until the Chairman considers, approves and signs the Minutes of the Postal Ballot voting process and the same shall be handed over thereafter to the Chairman/Company Secretary for safe keeping.

Thanking you

Yours faithfully

Partner

P S Rao & Associates Company Secretaries M. No. 15116, c.r. No. 5246 UDIN: A015116B002193545

Place: Hyderabad Date: 24.01.2021