KRBL Ltd. — AGM Information 2018

Aug 21, 2018

Dear Sir/Madam,

GIST OF PROCEEDINGS PURSUANT TO REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, FOR THE 25th ANNUAL GENERAL MEETING OF MEMBERS OF KRBL LIMITED AS HELD ON MONDAY, AUGUST 20, 2018, AT 11.00 AM, AT SRI SATHYA SAI INTERNATIONAL CENTRE, PRAGATI VIHAR, LODHI ROAD, NEW DELHI- 110 003

In compliance with the provisions of Companies Act 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), and other applicable provisions, we wish to state that 25th Annual General Meeting (AGM) of members of KRBL Limited has been duly convened and held on Monday, August20, 2018, at 11. 00A. M, at SrI Sathya Sai International Centre, PragatiVihar, Lodhi Road, New Delhi-110 003.

Total number of shareholders on Record Date i.e. August 13, 2018: 34,756

Total 165 (One Hundred and Sixty Five) Members (including authorized representatives) as per record of attendance and 2 (Two) Proxies as per Proxy Register attended the meeting.

SITTING ON THE DAIS (IN
Mr. Anil Kumar Mittal		ATTENDANCE):ChairmanDirectorChairman-CSRandCommittee&&ManagingBorrowing and Investment Committee
Kumar GuptaMr. Anoop		Joint ManagingDirector
Mr. Arun Kumar Gupta		Joint ManagingDirector andChairman-Risk ManagementCommittee
Mr. Alok Sabharwal		Independent & Non-Executive Director
Mr. Ashwani Dua		Non-ExecutiveDirector andChairman-Nomination andIndependent &Remuneration Committee & Stakeholder RelationshipCommittee
AroraMr. Shyam		Independent & Non-Executive Director
Mr. Vinod Ahuja		Independent & Non-Executive DirectorAuthorized Representativeandof Audit Committee
Mr. Rakesh Mehrotra		Chief Financial Officer
Mr. Raman Sapra		CompanySecretary

PRESENCE OF AUDITORS:
Kishor MalhotraMr. Yugal		S A Y & Associates,M/s.CharteredSRepresentative,Accountants,Statutory Auditors
Mr. DeepakKukreja		-Partner-M/sDMKSecretariesAssociates,PracticingCompanySecretarial Auditors

(0|pmate Ul'llce: L—.12. Sth&01h I'loor. becto:432, Noatln 'UI .,IIII LIIIulanIIJIIdII Nagar. (LI. Regd. Office : 5190, Lahor1 Gate Delhi- 110 006, INDIA. Tel. +91- 11-23968328, Fax: +91— 11-23968327, C.' KLMUIA

Tel.: +91- 120-4060300, Fax: +91- 120-4060398 E-mail. mails@krblindia. com V151t us at: o_L_I}?i

WORLD'8 LARGEST RICE MILLERS & BASMATI RICE EXPORTER$3—_'"

hf-

INVITEE:												—l
Mr. Rohit Arora	:	Partner,Statutory Auditors	Walker	Chandiok	&	Co	LLP,	for	being	appointed	as	the

Mr. Anil Kumar Mittal, Chairman and Managing Director, chaired the proceedings of the meeting.

The Chairman confirmed with the Company Secretary whether the meeting has been constituted as per the provisions of the Companies Act, 2013, Articles of Association and Secretarial Standards. After having confirmation that the meeting has been duly constituted and the requisite quorum for the meeting being present, the Chairman called the meeting to order.

The Chairman explained that Mr. Devendra Kumar Agarwal, Independent Non-Executive Director and Ms. Priyanka Mittal, Whole Time Director were pre—occupied with other commitments and therefore could not attend the AGM.

With the consent of the members, the Notice of 25th Annual General Meeting, the Directors' Report and the Annual Accounts for the financial year ended March 31, 2018 were taken as read. Company Secretary then informed the members about the observations of the Secretariat Auditors In the Secretarial Audit Report.

Thereafter the Chairman delivered the Chairman's Message to Shareholders. The Chairman in his message gave an overview of the Financial Performance of the Company for the financial year ended March 31, 2018 and its Future Outlook.

With the concurrence of the members, the Auditors' Report was taken as read. The Chairman informed the Members that the Statutory Registers, Proxy Register, Auditor's Report and Secretarial Audit Report and inspection documents were availabie for inspection during the Annual General Meeting.

It was informed that pursuant to the provisions of Regulation 44 of the SEBI Listing Regulations and Section 108 of the Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and any amendments thereon. the company has extended Remote e-voting facility to the members (i.e. persons who were Members on August 13, 2018 being the cut-off date/record date) via Central Depository Services Limited (CDSL) in respect to business transacted at the 25m Annual General Meeting of the Company. The e—voting commenced from August 17, 2018, (9.00 AM) and concluded on August 19, 2018 {5.00 PM). Further the members and proxy holders, who attended the AGM and who have not casted their vote by remote e-voting were provided with the facility to vote through ballot paper at the AGM premises.

It was further informed that Mr. Deepak Kukreja, Partner, DMK Associates, FCS No. 4140, and Ms. Monika Kohii. Partner, DMK Associates, FCS No. 5480, Practicing Company Secretaries of Delhi, was appointed Scrutinizer and Alternate Scrutinizer respectiveiy, and has scrutinized the process of Remote e—voting and physical Voting at AGM through ballot paper in a fair and transparent manner.

The results of the voting through ballot paper at the AGM and remote-e voting opted by the members on the resolution as per the Notice of AGM will be forwarded on or before August 22, 2018 in the format prescribed under Regulation 44 of the SEBI Listing Regulations and the same will be hosted on the website of the company at wwwkrblricecom under the link investor relations and on the website of CDSL at www.cvotingindiacom and the same will also be submitted to the Stock Exchanges (NSE and BSE).

The Chairman then opened the floor for questions relating to the matters under consideration at this AGM. Some of the members present at the meeting raised queries and also sought certain information/ clarifications and also made few comments and suggestions. The Chairman and other Board Members present, responded to such queries, comments and clarifications.

Contd . . . (3)

Then after the Ballot Voting on the below mentioned 6 (Six) resolutions were started:

Ordinary Business:

S.	Details ofResolution(s)	Type ofResolution(s)	Mode ofVoting
No.1.	To consider and adopt:forthetheofStatementFinancialCompanyAuditedthe(a)2018. together with the Reportsended March 31.financial yearof the Board of Directors and Auditors' thereon: and	OrdinaryResolution	E-votingandPoll/Ballotat AGM-
	the Audited Consolidated Financial Statement of the Company(b)with theended March 31, 2018. togetherfor the financial yearReport of Auditors' thereon.
2.	equity share on 23.53.89.892To declare a dividend of Rs. 2.30 perended March 31.equity shares of Re. 1/- each for the financial year2018.	OrdinaryResolution	As above
3.	Kumar GuptaofArunMr.(DIN:DirectorinToappoint aplacerotation at this Annual General Meeting00030127). who retires byeligible. offers himself for re-appointment.and being	OrdinaryResolution	As above
4.	Kumar Guptaplace of Mr.(DIN:Director inAnoopTo appointarotation at this Annual General Meeting00030160). who retires byeligible. offers himself for re-appointment.and being	OrdinaryResolution	As above
5.	as Joint StatutoryWalker Chandiok & Co.LLP.To appointM/s.their remuneration.Auditors and to fix	OrdinaryResolution	As above

Special Business:

S.	Details of	Type of	Mode of
No.	Resolution(s)	Resolution(s)	voting
6.	Ratification and confirmation of remuneration of Cost Auditors forthe financial vear 2018-19	OrdinaryResolution	As above

The Meeting was concluded at 14.30 PM. after the members cast their vote.

This is in compliance with the provisions of above mentioned regulations and for your kind information.

Notes:

• i. The Company will separately intimate the results of e-voting to the Stock Exchanges.
• ii. This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company.
• iii. The dividend declared at the Meeting will be credited/dispatched to the members on or before September 19. 2018.

For KRBL Limited

RamaflSébi'a'" ' " Company Secretary