Lasa Supergenerics Limited — Board/Management Information 2021

Jun 13, 2021

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Ref. No.: LASA/SE/21-22/13

June 13, 2021

	To, Corporate Services Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. BSE CODE –540702	To, Corporate Services Department National Stock Exchange of India Limited “Exchange Plaza”, Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051. NSE CODE: LASA

Dear Sir/Madam,

Sub: Proceedings of the Hon’ble NCLT / Court Convened Meeting (CCM) of equity shareholders of Lasa Supergenerics Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’).

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015, as amended, we are submitting herewith the summary of proceedings of the Court Convened Meeting of the Company held on Saturday, June 12, 2021 at 10:30 A.M and commenced at 11:00 am Indian Standard Time (“IST”) due to want of quorum, which then concluded at 11:45 am. (Including time allowed for e-voting at the CCM) through Video Conferencing/ Other Audio Visual Means (“VC/OAVM”).

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The Meeting was held in adherence to order of Hon’ble NCLT vide dated February 17, 2021 read with Corrigendum Order dated May 03, 2021 and compliance with General Circulars issued by the Ministry of Corporate Affairs (MCA) and Circular issued by the Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder.

Kindly take the same on record.

Thanking you,

For LASA SUPERGENERICS LIMITED,

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DR. OMKAR HERLEKAR CHAIRMAN & MANAGING DIRECTOR DIN: 01587154

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PROCEEDINGS OF THE COURT CONVENED MEETING (CCM) OF THE MEMBERS OF THE COMPANY HELD ON SATURDAY, JUNE 12, 2021.

A. Date, time & Mode of the Court Convened Meeting:

The Court Convened Meeting (CCM) of the Company was held on Saturday, 12[th] day of June, 2021 at 10.30 a.m. through Video Conferencing (VC)/ other audio Visual Means (OAVM). The meeting was scheduled at 10:30 A.M (IST). However, due to want of quorum, the meeting started at 11:00 am (IST) with the requisite quorum being present and concluded at 11:45 am.

A total of 41 members were present at the meeting through the aforementioned VC/OAVM facility.

B. Proceedings of the Meeting in brief:

1. Adv. Gaurav Gadodia, Chairman of the Meeting appointed by Hon’ble NCLT, Chaired the Meeting. All directors were present at the meeting except Mr. Hardesh Tolani and Mr. Ajay Sukhwani.

2. The requisite quorum being present at 11:00 am, the Chairman declared the meeting open and welcomed the Members.

3. The Chairman and Managing Director of the company informed shareholders in brief about the scheme of Amalgamation of Harishree Aromatics And Chemicals Private Limited with Lasa Supergenerics Limited, the Meeting was held through Video Conferencing.

4. The Notice convening the Court Convened Meeting was taken as read.

5. The Chairman addressed the Members and delivered his speech.

6.The Assistant Company Secretary informed that the Company had provided the Members the facility to cast their vote by electronic means business set forth in the Notice through Remote e-voting prior to the CCM and through e-voting system during the CCM. The facility of E-voting was provided by Central Depository Services Limited (CDSL) and the said facility of Remote e-voting commenced on May 13, 2021 at 9.00 A.M. and ended on June 11, 2021 at 5.00 P.M. Further, on June 12, 2021 the day of CCM, the facility of e-voting was also provided by the Company to its Members present through VC/OAVM facility, who did not cast their votes through Remote e-voting.

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The Hon’ble NCLT appointed CS Ravindra Yadav, Practicing Company Secretaries, as the Scrutinizer to scrutinize the remote e-voting prior to the CCM and through e- voting system during the CCM in a fair and transparent manner.

It was further informed that there would be no voting by show of hands. No result was declared at the Meeting.

The Chairman then placed before the Item of business, as mentioned in the CCM Notice.

1. The opportunity to the pre-registered Members to raise their queries or seek clarifications on the item of business was given. Thereafter, the Chairman of the company responded to the queries and clarification sought by the Members. Members who had registered with the Company as speaker Shareholders were invited to ask their queries or clarifications and suggestions regarding the financial performance and working of the Company. Their queries or questions were suitably replied by Chairman of the Company.

The following business as per the Notice of the CCM as mentioned below transacted at the meeting

RESOLUTION NO.	TYPES OF BUSINESS	MATTER OF RESOLUTION
1	SPECIAL	TO APPROVE SCHEME OF AMALGAMATION OF HARISHREE AROMATICS AND CHEMICALS PRIVATE LIMITED WITH LASA SUPERGENERICS LIMITED.

The Item of business for consideration at the CCM has been passed by the Members by requisite majority through remote e-voting and electronic voting during the CCM.

At last, Mr. Mukesh Gupta, Assistant Company Secretary thanked the shareholders and all Panel Members for sparing their valuable time for the Meeting.

Adv. Gaurav Gadodia, Chairman of the meeting also placed on record his heartfelt thanks to all shareholders of the Company for sparing their time.

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The Members were further informed that the voting results along with Scrutinizer's report will be submitted to Stock Exchange within 48 hours from the receipt of report from the Scrutinizer.

Kindly take the afore-mentioned information on record and oblige.

The CCM concluded at 11:45 AM. (Including time allowed for e-voting at the CCM).

Thanking you,

Yours truly,

For LASA SUPERGENERICS LIMITED,

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DR. OMKAR HERLEKAR CHAIRMAN & MANAGING DIRECTOR DIN: 01587154

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