Kolte-Patil Developers Ltd — AGM Information 2022

Aug 13, 2022

@;

To, The Assistant Manager, National Stock Exchange of India Limited Listing Department, 'Exchange Plaza' , Bandra Kurla Complex, Bandra (East), Mumbai - ⁴⁰⁰⁰⁵¹

To, The General Manager, BSE Limited, Corporate Relationship Department, 1st floor, Phiroze Jeejeebhoy Towers, DalalStreet, Mumbai - 400001

Date: 13 August 2022

Sub: Submission of proceedings of 31st Annual General Meeting of the Company

Ref: NSE Symboland Series: KOLTEPATIL and EQ BSE Code and Scrip Code: 9624 and 532924

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we hereby submit the proceedings of the 31st Annual General Meeting of the Company held on Saturday, 13 August2022 at 11.45 AM through Video Conferencing ('VC') or OtherAudio VisualMeans ('OAVM').

The voting result along with Scrutinizer's report will be submitted after receipt of scrutinizer's report.

This is for your information and record.

Thanking you,

Vinod Patil Company Secretary and Compliance Officer Membership No. A13258

Encl.: As above

rc+'. KOLTE-PATIL DEVETOPERS LTD.

CIN : L452OOPN'1991 PLCl 29428

Pune Regd. Oftice.: 2nd Floor, City Point, Dhole Patil Road, Pune 41 1001. Maharashtra, lndia. Tel.: +91 20 6622 6500 Fax : *91 20 6622 ⁶⁵¹¹ Bangalore Office : 121 , The Estate Building, lOth floor, Dickenson Road, Bangalore 560042. India. Tel.: 080 - 4662 4444 / 2224 3135 / 2224 2803 Web : www.koltepatil.com

PROCEEDINGS OF 31ST ANNUAL GENERAL MEETING OF THE MEMBERS OF KOLTE'PATIL DEVELOPERS LIMITED HELD ON SATURDAY, 13 AUGUST 2022, FROM 11.45 AM TILL 12.25 PMTHRoUGHV|DEocoNFERENctNG(..Vc'')oRoTHERAUDloW

^Di rectors present th roug h Video Conferenci ng :

• 1. Mr. Rajesh Patil
• 1. Mr. Naresh Patil
• 1. Mr. Milind Kolte
• 1. Mrs. Vandana Patil
• 1. Mr. Yashvardhan Patil 6. Mr. Nirmal Kolte
• Joint Managing Director

• Executive Director

• Vice Chairman - Executive Director - Non-Executive Director

• 1. Mr. Prakash Gurav 8. Mr. Jayant Pendse

• Independent Director and Chairman of Audit Committee

• Chairman and Mana\$ng Director

• lndependent Director and Chairman of Nomination and Remuneration Committee

• 1. Mr. Umesh Joshi 10. Mr. Achyut Watve - Independent Director and Chairman of Stakeholders Relationship Committee and Corporate Social Responsibil itY Committee
• Independent Director
• 1. Mr. Girish Vanvari - lndependent Director - Independent Director
• 1. Mrs. Sudha Navandar

In attendance through Video Conferencing:

Mr. RahulTalele Mr. Gopal Laddha Mr. Vinod Patil - Group Chief Executive Officer (Group CEO) - Chief FinancialOfficer - Company Secretary

Representative:

Ms. Saira Nairnar and Mr. Sanket Shet, Representatives of Deloitte Haskins & Sells LLP- Statutory Auditor and Mr. sridhar Mudaliar - Representative of svD & Associates - secretarial Auditor, were present through Video Conferencing.

The chairman commenced the proceedings by welcoming the Members to the AGM' The chairman informed the Members that pursuant to iircutars issued- by MCA and SEBI, the Annual General Meeting of the Company was convened through Video Conferencing or Other Audio-Visual Means, in accordance with various circulars issued oy utn in this regard and in compliance with the applicable provisions of the companies Act, 2013 and the Listing Regulations'

It was informed that in accordance with the Secretarial standard-2 on General Meeting issued-by th-e Institute of company s-eiretaries of lndia ("lcst") read with Guidance / Clarification dated 15 April' 2020 issued by lcstltn" ptic"eoings of the AGM shall be deemed to be conducted at the Registered Office of the Cbmpany, which shall be the deemed Venue of the AGM'

The Chairman made the following announcements that:

• l. The requisite quorum as required was present and therefore, called the meeting to order'
• ll. The Chairman of Audit Commiftee, Nomination and Remuneration Committee, Stakeholders Retationsnip Committee and representatives of Statutory Auditors and Secretarial Auditors were present at the meeting.

Page 1 of 3

• lll. The Auditors' Report and Register of Directors and Key Managerial Personnel maintained under Section 170 (1) of the Companies Act, 2013 and Register of Contracts with Related Party maintained under section 189 (1) of the Companies Act, 2013 and Certificate from the Secretarial Auditor about ESOP scheme are available for e-inspection.
• tv. The Company has not received any representation from Bodies Corporate.
• V. There were no audit qualifications in Audit Reports and the comments are self-explanatory.
• Vl. The e.voting facility was kept open for a period of three days from Wednesday, 10 August ²⁰²² at 09.00 A.M.(|ST) to Friday, 12 August 2022 at 05.00 P.M.(|ST)
• Vll. The Members who had not cast their votes electronically, were provided an opportunity to cast their votes at the Meeting during insta poll.
• Vlll. Mr. Sridhar Mudaliar, Partner of M/s. SVD & Associates, Practicing Company Secretaries, was appointed by the Company to scrutinize the e-voting process in a fair and transparent manner.

The Chairman informed the present economic scenario and the general working of the Company.

The chairman then invited queries on AnnualAccounts and Reports.

The Chairman thanked all the members for their participation.

Thereafter, the following items of business as per the Notice of 31't Annual General Meeting were recommended for members consideration and approval:

	Item No.	Description
		ORDINARY BUSINESS:
	1	To consider and adopt: (a) The Audited Siandalone Financial Statement of the Company for the financial.year ended 31 March 2022 and the Report of the Board of Directors' and Auditors' thereon and (b) The Audited Consolidated Financial Statement of the Company for the financial year ended 31 March 2022 the Report of the Auditors' thereon.
	2	per share on Equity Shares for the financial year 2021-22
	3	areshAnirudhaPati (D N:00881077)whoretires by rotation and being eligible, offers himself for re-appointment.
	4	andana Naresh Patil (DlN: 00588888) who retires by rotation and being eligible, offers herself for re-appointment.

SPECIAL BUSINESS:
5	@changeindesignationofMr.YashvardhanPati (D N:06898270) to Whole Time Director designated as Joint Managing Director on the same terms and conditions as approved in 30th Annual General Meeting held on 17 September 2021
6	@theappointmentofMr.ViragKo teasWho eTimeDirectoras Executive Director in Kolte.Patil lntegrated Townships Limited (Formerly known as Kolte Patil t-Ven Townships (Pune) Limited) for a period of Five (5) years with effect from 01 June2022
7	fd Consider and approve fund raising up to Rs. 800 Crores.
I	of M/s Harshad S. Deshpande, Cost Auditor of the Company for the financialyear 2021-22

The results of +.voting will be declared on receipt of Scrutinize/s Report withln two working days of conclusion of AGM aiO snatt be uploaded on the Company's website and will also be forwarded to BSE Limited and National Stock Exchange of India Limited (NSE)'

Note: Ihis does not purport to be the minutes of the 31"t Annual General Meeting of the Company.