Kothari Products Ltd. — AGM Information 2021

Sep 30, 2021

KPLl2021-22/BSE 30th September, 2021

BombayStockExchangeLtd.	NationalStockExchangeofIndiaLtd.
PhirozeJeejeebhoyTowers	ExchangePlazaS"Floor
2S'h Floor,DalalStreet	PlotNo.GBlockCl1,
Mumbai-400001	BandraKurlaComplexBandra(E)
	Mumbai-400051

Scrip Code: 530299 Scrip Code: KOTHARIPRO

Dear Sir,

Sub: Proceedings of the 37th Annual General Meeting of the Company held on 30th September, 2021

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are attaching herewith the summary of proceedings of the 37'h Annual General Meeting of the Company held today i.e. on 30 th September, 2021.

Kindly take the above information on your record.

Thanking you,

Regd. Off. : "Pan Parag House" ,24/19, The Mall, Kanpur-208 001 (INDIA) Phones: +91 5122312171-72-73-74, • Fax: +91 5122312058 E-mail: info@kothariproducts.in • Website: httpllwww.kothariproducts.in CIN No. - L 16008 UP 1983 PLC 006254

Summary of Proceedings of the 37th Annual General Meeting of Mis. Kothari Products Limited

1. Date, time and Venue of the Meeting:

The 37 th Annual General Meeting of the Company was held today i.e. on 301 h S e p t e m be r, 2021 through Video Conferencing and Other Audio Visual Mode. The meeting commenced at II :30 A.M. and concluded at 12.05 P.M.

1. Members Present - Total 53 members attended the meeting.

3. Brief details of items deliberated at the Meeting and result thereof:

Sri Raj Kumar Gupta, CS & Compliance Officer introduced the panelists to the meeting and thereafter he requested Sri Deepak Kothari, Chairman & Managing Director to start the proceedings of the meeting.

• Sri Deepak Kothari, Chairman & Managing Director of the Company, chaired the proceeding of the Meeting and since he is suffering from some throat problems and the doctor has advised him not to speak much hence he authorized Sri Raj Kumar Gupta, Company Secretary, to start the proceedings of the meeting 0!1 his behalf. •
• The requisite quorum being present as per the Companies Act, 2013, the Company Secretary declared the meeting duly constituted •
• The Company Secretary informed the members that due to Covid -19 pandemic, this year SEBI has allowed holding of AGMs through Video Conferencing instead of physical meetings held ti 11last year. Hence this AGM is being held through Video Conferencing. •
• He further stated as under:- •
• i. The Register of Directors & Key Managerial Personnel and their shareholdings and the Register of Contracts or arrangements in which Directors are interested and other statutory documents are open for inspection by any member of the company. The notice of this Annual General Meeting. Directors' Report, Balance sheet, Profit& Loss Account etc. have already been sent to all of you.
• lI. In compliance with section 108 of the Companies Act, 2013 read with rule 20 of The Companies (ManagementandAdministration)Rule,2014alongwith Regulation q-lofthe SEBI (LODR) Regulations, 2015, the Company has engaged National Securities Depository Limited as its authorized agency to provide remote e-voting and e-voting at the AGM facility to its members to cast their votes for resolutions as mentioned in the AGM Notice dated 2cj' June, 2021. The remote e-voting facility was available to the members from Monday, 27'h September, 2021 (9:00 A.M. 1ST) to Wednesday, 291h September, 2021 (5:00 P.M. 1ST).
• iii. The Company has appointed Mr. Adesh Tandon of Mis. Adesh Tandon & Associates, Company Secretaries, Kanpur as the scrutinizes to scrutinize the remote e-voting and e- voting process at the Annual General Meeting in a fair and transparent manner.
• IV. As required by The Companies Act, 2013 and the SEB! (LODR) Regulations, 2015, Mr. Pramod Kumar Tandon, Chairman of the Audit Committee, Stakeholders' Relationship Committee and Nomination and Remuneration Committee, is present at this meeting.
• v. As per section !07 and !08 of The Companies Act, 2013, the members who have not casted their votes through remote e-voting facility, can cast their votes through e-voting at this meeting.

Regd. Off. : "Pan Parag House" , 24/19, The Mall, Kanpur-208 001 (INDIA) Phones: +91 5122312171-72-73-74, • Fax: +91 5122312058 E-mail: info@kothariproducts.in • Website: httpllwww.kothariproducts.in CIN No. - L 16008 UP 1983 PLC 006254

• vi. There are no qualifications, observations or comments in the Statutory Auditor's Report and Secretarial Auditor's Report having any adverse effect on the functioning of the Company.
• Vll. The Company has received requests from some shareholders to register as Speaker shareholder to ask question and express their Opinions. Thereafter he invited following shareholders one by one :-
  • I. Mr. Santosh Saraf
  • 1. Mr. Rajnish Jain
  • 1. Mr. Raj Gopal Mehrotra

Since Mr. Santosh Saraf and Mr. Raj Gopal Mehrotra were not connected to the meeting hence only Mr. Rajnish Jan raised his queries and expressed his views.

• viii. The replies to the queries raised by Mr. Rajnish Jain were answered by Mr. Anurag Tandon, Chief Financial Officer of the Company.
• 1. The following items of business as set out in the Notice calling the Meeting were put for Members' approval :-

Ordinary Bussinesses

• I. Consideration and adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2021 together with the Reports of the Board of Directors' and Aud itors' thereon.
• ii. Consideration and adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2021 together with the Reports of the Auditors' thereon.
• iii. Appointment of a Director in place of Sri Mitesh Kothari (DIN: 00089076), who retires by rotation and being eligible, offers himselffor re-appointment.

Special Bussinesses

• iv. Re-appointment of Sri Deepak Kothari as Chairman & Managing Director for a period of 3 years w.e.f. 12th October, 2021.
• v. Re-appointment of Sri Mitesh Kothari as Executive Director for a period of 3 years w.eJ. 1'1 October, 2021.
• 1. Thereafter Company Secretary requested to Sri Adesh Tandon Scrutinizer to commence the e-voting process and brief the members for the e-voting process and requested him to submit his report within stipulated time.

Regd. Off. : "Pan Parag House" , 24/19, The Mall, Kanpur-208 001 (INDIA) Phones: +91 5122312171-72-73-74,· Fax: +91 5122312058 E-mail: info@kothariproducts.in • Website: httpllwww.kothariproducts.in CIN No. - L 16008 UP 1983 PLC 006254

1. Thereafter Scrutinizer briefed the members about the e-voting process and stated that the Results of remote e-voting and e-voting shall be disseminated to the Stock Exchanges and uploaded on the Company's website and on the website of NSDL www.evoting.nscll.com within stipulated time.

7. Vote of Thanks

Thereafter Company Secretary thanked the members present at the meeting and concluded the meeting.

You are requested to take the same on your record and oblige.

Thanking you,

Yours Faithfully

'0'URODUCTS LTD.

(RAJ KUMAR GUPTA) CS & COMPLIANCE OFFICER FCS-3281

Place: Kanpur

Date : 30th September, 2021

Regd. Off. : "Pan Parag House" ,24/19, The Mall, Kanpur-208 001 (INDIA) Phones: +91 5122312171-72-73-74, • Fax: +91 5122312058 E-mail: info@kothariproducts.in • Website: httpllwww.kothariproducts.in CIN No. - L 16008 UP 1983 PLC 006254