LLOYDS ENGINEERING WORKS LIMITED — AGM Information 2019

Aug 19, 2019

LLOYDS STEELS INDUSTRIES LIMITED

Corporate Office :Trade World, 'C' Wing, 16^th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai 400 013. Tel: 91-22-6291 8111 Fax 91-22-6291 8260 email: infoenge@lloyds.in, website: www.lloydsengg.in CIN: L28900MH1994PLC081235

PRRG/LSIL/ NSEL/2019/161

19.08.2019

The National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex. Bandra (East), Mumbai - 400 051

Dear Sirs.

Sub: Proceedings of the 25th Annual General Meeting.

Ref: Symbol: LSIL

We wish to inform you that the 25^th Annual General Meeting (AGM) of the Company was held today, Monday, August 19, 2019 at 11.30 a.m. at the Registered Office of the Company at Plot No. A-5/5, MIDC Industrial Area, P.O. Murbad, Dist. Thane - 421 401 to transact the Business as stated in the Notice dated 26th April, 2019. The proceedings of the Meeting are enclosed herewith.

Disclosure regarding voting results of the said meeting, as per Regulation 44 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, will be made to the Stock Exchanges within the stipulated time.

We request you to kindly take a note of the above in your records.

Thanking You,

Yours faithfully. For Lloyds Steels Industries Limited

Den i Omner

P.R. Ravi Ganesan CFO & Company Secretary

Encl: $A/a$

LLOYDS STEELS INDUSTRIES LIMITED

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PROCEEDINGS OF THE 25th ANNUAL GENERAL MEETING

The 25th Annual General Meeting of the Members of the Company was held on Monday, the 19'h August, 2019 at 11.30 am. at the Registered Office of the Company located at Plot No. A—5/5, MIDC Industrial Area, P.O. Murbad, Dist. Thane — 421401.

Mr. Ashok Tandon, Managing Director of the Company took the Chair.

The Scrutinizer was present at the Meeting.

The Statutory Registers and the Proxy Register were available at the venue for inspection of the Members.

As requisite quorum was present, the Chairman called the Meeting to order.

With the consent of Members the Notice convening the 25'h Annual General Meeting (AGM), Directors' Report and Accounts for the financial year ended March 31, 2019 were taken as read. The Chairman informed the Members that the Auditors Report did not contain any qualifications and hence taken as read.

The Chairman presented his speech and dealt with the performance of the Company, prospects of Engineering Industry, current Market Scenario and new Business opportunities which was well received by the Shareholders.

Thereafter, the Chairman invited queries if any from the Members. The members put forth their queries which were satisfactorily responded by the Chairman. The Chairman took note of the suggestions from the Members

The Chairman then informed the members that pursuant to the provisions of the Companies Act, 2013, Rules framed thereunder and the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (Listing Regulations), the Company had extended the remote e-voting facility to the members of the Company in respect of the resolutions to be passed at the Meeting. The Chairman informed that the remote e—voting commenced at 9.00 am. on 15'h August 2019 and ended at 5.00 pm. on 18'h August, 2019.

The Chairman then announced that voting by poll through Ballot Papers is available for those members who has not voted through remote e-voting.

Thereafter, the following resolutions as set out in the Notice convening the AGM were proposed and seconded by the members:

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Sr.	"W Resolutions iii—Vii
No.
1.	a? consider and the Audited Receive, Financial adopt Statement of
	for the Financial Blst Year ended Company the of March, 2019, reports i
	the Board of Directors and Auditors thereon. Report
	'i of Todarwal Reappointment M/s. Todarwal Chartered LLP, 8B i
	Accountants (Firm Registration No. as 111009W/W100231)) Statutory
	Auditors for of from a period 2019-20 3 years to 2021—22 their including 1
	remuneration thereof. 1
3.	Ratification of Remuneration of Manisha Cost M/s Associates, 81,
	Auditors No for the Financial (Firm Registration Year 2019— 20 000321)
	their i and remuneration thereof.
4 I	of Mr. Appointment M. Alegavi Director Rajashekhar as a Non—Executive i
	of the Company i
5.	in Revision the terms of and Remuneration of Appointment Mr. Ashok i
	Director of further by the and Tandon, retire Managing Company 1
	152 of rotation CompaniesAct2013. under Section the

The Chairman then requested Mr. Saurabh Arora, Scrutinizer, to conduct the voting through Ballot Papers. Thereafter the Scrutinizer conducted the voting through Poll as per the provisions of the Companies Act, 2013 and the Rules made thereunder.

The Chairman thereafter concluded the meeting by informing that the P011 process was completed and consolidated Scrutinizer's Report containing results of remote E—voting and Voting through Poll will be presented to the Chairman in the prescribed manner and results would be declared as per the required provisions and the said results would be intimated to the Stock Exchanges and will be available on the Company's website, CDSL Website and the website of the BSE and NSE as per the stipulated provisions of the Companies Act, 2013, Rules made thereunder and the Listing Regulations.

The Meeting concluded at 1.00 pm. with ^a vote of thanks to the Chair.

Kindly take the above on your records and acknowledge receipt.

Thanking you,

Yours faithfully, For Lloyds Steels Industries Limited

P.R.Ravi Ganesan CFO 81. Company Secretary *=.,\ :3. ^>