Lambodhara Textiles Ltd. — AGM Information 2020

Sep 29, 2020

r'aa/rodfaia 1ertcle4 .4era.veZ

Regd. Office : 3A, 3'n Floor, B Block, Piofleer Apartments, 10758, Aainashi Road, Coimbatore - 641018, lndia Telefax : +91 422 2249038 & 4351.083. E-mail : info@lambodharatextiles.com zuzuzo.lqmbodharqtextiles.com GSTIN : 33AAACL3524B1Z9 lE Code t 3201006181 CIN : LL7111TZ1-994PLC004929

2gth September 2020

To

Listing Department BSE Limited 25th Floor, PJ Towers, Dalal Street Mumbai - 400 001

Listing Department National Stock Exchange of lndia Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), lvlumbai - 400 051

Dear Sir

Sub : Proceedinqs of 26th Annual General Meetinq held on 28th September. 2020 - req

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, the proceedings of 26th Annual General meeting of the Companyheld on 28th September, 2020 through Video Conferencing I Other Audio Visual Means (VC/OAVI\iI) in compliance with the applicable provisions of the Companies Act, 20'13 read with rules made thereunder as amended and Circulars issued by l/inistry of Corporate Affairs (ltilCA) and Securities and Exchange Board of India (SEBI) is enclosed herewith.

Kindly take this intimation on record.

Thanking you

Yours faithfully

forLemMhrn tltrob O|.dor DIT 01EeE020

,.4aza/od/rana. Tefiilzo .4 W

Regd. Ofrice : 3A, 3'o Floor, B Block, Pioneer Apartments, 10758, Attinashi Road, Coimbatore - 641 018, lfldia Telefax : +9L 422 2249038 & 435L083. E-mail : info@lambodharatextiles.con wzau.lambodharatextiles,com GSTIN : 33AAACL3524B1Z9 lE Code i 3201006181. CIN : L1.7111T21994PLC004929

29th September, 2o2o

To

Listing Department National Stock Exchange of lndia Limited Exchange Plaza, C-l, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Listing Department Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Scrip Code: 590075

Dear Sir/h/adam,

Sub: Proceedinqs of the 26thAnnual General Meetinq of the Company held on MondaV, the 28th dav of Seotember.2020 throuqh Video Conferencinq ("VC") / Other Audio Visual Means ("OAVM")

Pursuant to Regulation 30 read with para A of Part A of Schedule lll to the SEBI (Listing Obiigations and Disclosure Requirements) Regulations,2015, it is hereby informed that the 26th Annual General lrileeting of the Company was duly held on l\ilonday the 2Sthday of September, 2020 al 12.00 PM (lST) through Video Conferencing (VC) / Other Audio Visual ft/eans (OAV[/) in accordance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules,2028 (as amended), Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Circular No. 2012020 dated Sth May 2O2O read with Circular No. 28l2O2O dated 8th April 2020 and Circular No. 17t2O2O daled 13s April 2020 issued by the tvlinistry of Corporate Affairs ("lrilCA Circulars") and Circular dated 12th May, 2O2O issued by the SEBI and the proceedings of the said meeting is given hereunder:

Present:

The following Directors were present at the 26th Annual General I/eeting through Video Conferencing (VC) / Other Audio Visual Means (OAVII/):

Name of the Director	Category / Designation
I\rr. I\ileenakshi Sundaram Rajkumar	Chairman of the Board, lndependent Director andChairman of the Audit Committee and the StakeholdersRelationship Committee and fvlember of the Nominationand Remuneration Committee.
Ivlrs. Bosco Giulia	Whole{ime Director
lvlr. Ramesh Shenoy Kalyanpur	Whole{ime Director cum Chief Financial Officer
Irilr. Vastupal Rajnikant Mehta	lndependent Director and Chairman of the Nominationand Remuneration Committee and lvlember of the AuditCommittee and the Stakeholders RelationshipCommittee.A

,u!n

.4antfu/rarta. 7efiil24 .4M

Regd. Office : 3A, 3'" Floor, B Block, Pioneer Apartments, 10758, Aoinashi Road, Coimbatore - 641018, lndia Telefax : +91 422 2249038 & 4351.083. E-mail: info@lambodharntextiles.cofll www.lambodharatextiles.com GSTIN : 33AAACL3524B7Z9 IE Code t 320L0061-8L CIN : L17LLLTZ1994PLC004929

ln attendance

Itilrs. V. Priyadarshini, Company Secretary

I/r. R. santossh, Promoter, Mr.c.Amirthalal Jain and lrilr.Mohan R Jain, partners of M/s. Jain & Mohan, chartered Accountants, statutory Auditor, Mrs. Bhargavi Venkatesh of IVI/s. c.s.Hanumantha Rao & co, cost Auditors, Mr. tr/ D selvaraj, FCS, of MDS & Associates, Secretarial Auditor and Scrutinizer for the meeting and Mrs. K.V.Anandhi, lnternal Auditor were also present at the 26th Annual General tvleeting through VC/OAVI\iI.

A total of 36 members representing 67,41 ,151 equity shares has attended the meeting through the video conferencing / other audio-visual means.

[\ilr.Ramesh shenoy Kalyanpur, whole{ime Director cum cFo (DlN:06392237), welcomed all the members and informed that this26thAnnual General l/eeting of Lambodhara Textiles Limited is being held through video conferencing /other Audto visuat lvleans("vc/oAVM") facility.

Thereafter, the Whole{ime Director cum CFO briefed certain procedural and technical information regardjng the participation by the members through video conferencing / other audio visual means. He also informed that the Company has received request from one member to register himself as speaker during the meeting and accordingly, the floor would be open to such registered speaker shareholder to raise his questions or express his views once the Chairman opens the floor for questions.The Wholetime Director cum CFOinformed further that the Company had provided to the Shareholders, the facility to cast their vote electronically on all resolutions set forth in the Notice of the AGM through remote e-voting facility provided by the Link lntime lndia private Limited (LllPL), which had commenced on Friday, 25th September, 2020 at 9;00 AM and ended on Sunday, 27th September, 2o2o at s:00 pNil(tsi) He iniormed that the shareholders, who are present at the AGltrl and had not cast thelr vote through remote e-voting, has been provided an opportunity to cast their votes through e-voting at the meeting. ln this regard, the Board of Directors has appointed Mr. M D Selvaraj, FCS, of ttl/s. MDS & Associates, company secretaries, Coimbatore as the Scrutinizer to conduct the remote e-voting and e-voting process at the 26thAGM in a fair and transparent manner and to ascertain the requisite majority.

The whoie{ime Director cum cFo then introduced the chairman of the Board, whole{ime Director and the Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee and other Directors / Statutory Auditor / Secretarial Auditor /Cost Auditor/ lnternal Auditor/ Scrutiniser / Company Secretary and the Key Executives present in the meeting through VC/OAVM facility.

Then he invited I/r. Meenakshi sundaram Rajkumar (DlN: 06935422), chairman of the meeting to conduct the 26rh Annual General Meeting.

.4dra/odlana 1ertilza

Regd, OJfice : 3A,3'o Eloor, B Block, Pioneet Apflrt nents, 10758, Aainashi Road, Coimbatore - 641018, lndia Telefax : +91 422 2249038 & 4351083. E-mail : ififoolambodharatextiles.com zuzozD.lambodharatextiles.com GSTIN : 33AAACL3524BLZ9 IE Code fi 3201006181 CIN : L17111T2L994PLC004929

Mr. ltleenakshi Sundaram Rajkumar (DlN: 06935422), Chairman of the meeting informed that the requisite quorum is present and he called the meeting to order. Thereafter,-he welcomed the shareholders, Directors, Auditors and the Scrutinizer ior the 26th Annual General lvleeting held through Video conferencing /other Audio Visual Means (,,vc/oAVM,,) facility. Thereafter, the chairman informed that the registers as required under the companies Act, zoi: rras been made available electronically for inspection by the members during the AG[I.

The Chairman further informed that since the notjce of the AGM along with the audited financial statements and the Directors' report has already been circulated to all the members, the same has been taken as read. Further, as there are no qualifications or comments or remarks in the :l?lit"ry t1q9r: Report and the Secretarial Auditor,s Report for the financiat year ended 31''[Iarch, 2O2O,l lake the same as read.

The chairman then requested Mrs.Bosco Giulia, (DlN:01g9g020), whole-time Director to take over the proceedings of the meeting. The Whole{ime Director then briefed the performance and operations of the Company.

The Whole{ime Director read the summary of the resolutions set out in the agenda ltem No.1 to 4 of the Notice of the 26th Annual General lvleeting dated 14th August, 2020 as f6llows;

Ordinary Business:

• 1. Adoption of the audited financial statements of the company for the financial year ended 31't lt/larch, 2020, together with the reports of the Board of Directors and the Auditors thereon.
• 1. Declaration of Dividend for the year 2019-2020.
• 1. Re-appointment of Mr.Ramesh Shenoy Kalyanpur (DlN: 06392237) as Director, who retires by rotatjon.

Special Business:

1. Ratification of the appointment and the payment of remuneration to lvl/s. C.S.Hanumanlha Rao & co, (Firm Registration No.0002'16), cost Accountants, for the financial year 2o2o-21.

With the permission of the Chairman of the meeting, the Whole{ime Director then opened the floor for the registered speaker shareholders to raise their queries.

The Whole{ime Director briefed the procedural and technical information regarding the raising of queries by the registered speaker shareholders and then asked the moderator tJinvite the one registered speaker shareholders to express his views and raise queries. However, the moderator informed that the registered speaker shareholder was not available in the meeting.

.4an/odnana, 1efi&eo -4riaileZ

Regd. Ofice : 3A, 3'r Floot, B Block, Pioneer Apartments, 10758, Aoinashi Road, Coimbatore - 641 018,lndiq Telefax : +97 422 2249038 & 4351083, E-mail ; info@lambodharatextiles.con zpzpw.lqmbodharqtextiles.com GSTIN :33AAACL3524B1.Z9 lE Code i 3201006181 CIN : L17111T21994PLC004929

The Whole{ime Director then informed that there are no queries from the shareholders through chat box facility.

With the permission of the Chairman of the meeting, the Whole{ime Director further informed that the e-voting facility provided by the Link lntime lndia Private Limited (LllPL) would remain open for the next 15 minutes to enable the shareholders, who are present at the meeting and had not cast their votes through remote e-voting, to cast their votes electronically. He informed further that the results of the voting shall be declared within the prescribed time and the consolidated scrutinizer's report along with the voting results would be submitted to the Link lntime lndia Private Limited htt //instavote. linkintime.co.in ,National Stock Exchange of India Limited (www.nseindia.com), Bombay Stock Exchange Limited wlvw. bseindia. com and would also be placed on the Company's website www. lambodharatextiles. com

The Whole{ime Director then thanked all the shareholders/Directors/Auditors / Scrutiniser, who have loined the 26th Annual General Meeting through video conferencing facility/other audio visual means.

The 26thAGM was concluded at 12:35PM

Kindly take the above on record.

Thanking you,

Yours faithfully,