Kothari Industrial Corpn. Ltd. — AGM Information 2021

Sep 30, 2021

KOTHARI INDUSTRIAL CORPORATION LIMITED

CIN No.L24110TN1970PLC005865 "Kothari Buildings" No.114/117, Mahatma Gandhi Salai Nungambakkam, Chennai - 600 034 Ph: +91 44 2833 4565 | Fax: +91 44 2833 4581 E-mail :enquiries@kotharis.in | www.kotharis.in

To, Date: 30.09.2021 BSE LIMITED P. J. Towers, Dalal Street, Fort Mumbai - 400 001

Scrip Code: 509732 (BSE)

Dear Sir/ Madam,

Sub: PROCEEDINGS OF THE 51 ANNUAL GENERAL MEETING OF KOTHARI INDUSTRIAL CORPORATION LIMITED HELD ON 30TH SEPTEMBER, 2021 THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS(VC/OAVM)

The 51* Annual General Meeting (AGM) of KOTHARI INDUSTRIAL CORPORATION LIMITED ('the Company') was held on Thursday, the 30 September 2021, at 11.00 A.M. through Video Conference / Other Audio-Visual Means ("VC/OAVM').

Mr.Pradip D Kothari, chaired the meeting.

The Chairman informed about the presence of other Board members.

The Statutory Auditor of the company attended the meeting though VC.

The Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee were present at the meeting.

The Chairman declared that the required quorum was present and call ed the meeting to order.

The Chairman delivered his speech to the Members, giving an overview of the economy, the Impact of Covid-19 and other related matters. Chairman delivered the speech. With the consent of all the Members present, the Board's-Report, Auditor' s Report, Audited Financial Statement etc, were taken as read.

He invited Managing Director Mr. Rafiq ahmed to update business performance for the Financial Year 2020-21. Managing Director of the Company explained on the future prospects, projects and the status of revocation of suspension of the company.

The Items said out in the Notice for which the approvals from the Share-holders are required is as follows; =

Ordinary Business:

ae

1. To consider and adopt:

KOTHARI INDUSTRIAL CORPORATION LIMITED CIN No.L24110TN1970PLC005865 s = "Kothari Buildings" No.114/117, Mahatma Gandhi Salai ' ISL A 1600 AA Nungambakkam, Chennai - 600 034 Koti iietil Corps ined M ar sis Ph: +91 44 2833 4565 I Fax: +91 44 2833 4581 E-mail :enquiries@kotharis.in | www.kotharis.in

• a) The Audited Standalone Financial Statements of the Company for the financial Year ended 31st March, 2021 and the Reports of Board of Directors and Auditors thereon, (Ordinary Resolution)
• b) The Audited Consolidated Financial Statements of the Company for the financial Year ended 31st March, 2021 and the Report of Auditors thereon.
• 1. To appoint a Director in the place of Mr. Pradip D Kothari (DIN: 01315682), who retires by rotation and being eligible offers himself for re-appointment. (Ordinary Resolution)

Special Business:

1. Approval of Related party Transactions. (Ordinary Resolution)

The Chairman then thanked the shareholders for participating and informed that the facility to vote on the resolutions contained in the Notice of the meeting through E-Voting platform shall remain open for around 15 minutes.

The Chairman then informed that Mr Santosh Senapati, Practicing Company Secretary, Chennai was appointed as the scrutiniser.

The Chairman concluded the meeting stating that the results of the voting process shall be announced within 2 working days hours from the conclusion of this meeting.

The Annual General Meeting concluded at 11.25 A.M.

Please take the above information on record. This is a summary of the proceedings of the 50" Annual General Meeting and may not be regarded as the Minutes of the Meeting.

This is for your information and necessary records.

Thanking you, aoe

Yours Faithfully, For Kothari Industrial Corporation Limited

• eee" ( ome foolb:

Anil Kumar Padhial Company Secretary and Compliance Officer