Madhucon Projects Ltd. — AGM Information 2021

Sep 30, 2021

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	MADHU icONPROJECTSLIMITED
Ref.: MPL/HYD/0039/AGM/2021-22	CIN: L74210TG1990PL.Co11114	Date: 30-09-2021
To
The Bombay Stock Exchange (BSE)Corporate Relationship Dept.,	Limited,	The National Stock Exchange (NSE) of India
1st Floor, New Trading RingRotunda Building, PJ Towers	5th Floor, Exchange Plaza,Bandra '(East),
Dalal Street, Fort,	Mumbai- 400 051.

Dear Sirs,

Kind Attn: Listing Department / Corporate Relationship Department

Sub: Summary of the proceedings of 31° Annual General Meeting held on 30" September, 2021 pursuant to Regulation 30, Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

Ref: BSE Scrip Code: so1497, NSE Scrip Code: MADHUCON.

Pursuant to provisions of Regulation 30, Part A of Schedule Ill of the SEBI (Listing Obivations and Disclosure Requirements) Regulation, 2015, it is hereby informed that the 31° Annual General Meeting of the Company was held on Thursday, 30" day of September, 2021 at 03:00 P.M. (IST) via two-way Video Conferencing (VC facility')/other Audio-Visual Means ('OAVM') ONLY in accordance with the applicable provisions of the Companies Act, 2013 read with MCA General Circular No. 20/2020, 14/2020 and 17/2020 dated 5th May, 2020, 8thApril, 2020 and 13th April, 2020 respectively.

In this regard, please find the enclosed summary of the proceedings of 31% Annual General Meeting as Annexure — 1.

Report of Scrutinizer and Voting Results under Regulation 44 of SEBI (Listing Obligations and Displasure Requirements) Regulation, 2015 will be disseminated separately.

Kindly take this information on record.

Thanking you,

Yours faithfully For Madhucon Projects Limited

= Ve aud) (M.S;Sivanand) "ae Company Secretary & Compliance Officer ACS: 10822

Corp. Office :"Madhucon House", 1129/A, Road No. 36, Jubilee Hills, Hyderabad - 500 033, Telangana, India Tel : +91-40-23556001 - 4 Fax : +91-40-23556005 E-mail : corporate@madhucon.com Regd. Office : H.No.1-7-70, Jublipura, Khammam, Telangana - 507 003, India

WVAVV aareleia ela elaa

MADHUCON PROJECTS LIMITED CONTINUATION SHEET

Annexure — |

Summary of the proceedings of 31° Annual General Meeting of M/s Madhucon Projects Limited held on 30" September, 2021

Deemed Venue: Madhu Complex, No. 1-7-70, Jublipura, Khammam, Telanagana-507 003.

Time: 03:00 P.M.

The Following Directors/Executives were present at the AGM:

1. Chairperson,	- Mr. Ramadas Kasaraneni
2. Managing Director	- Mr. Seethaiah Nama
3. Whole-time Director	*- Mr. Mohammad Shafi
4. Independent Director	- Mrs. Ch. Lakshmi Kumari
5. Non-Executive & Non - Independent Director	- Mr. Madhu Malampati
In Presence:

1. Scrutinizer	- Mr. Venkata Krishna Reddy
	M/s Venkata Krishna & Associates
2. Mr. K.Venkateswarlu	- Chief Financial Officer:
3. Mr. M. S. Sivanand	Company Secretary & Compliance Officer-

Mr. M. S. Sivanand, Company Secretary Welcomed ali the shareholders, Board members and introduced the Chairman, Managing Director and other Directors to the members of the Company. The Company Secretary also . acknowledged the presence of the Statutory Auditors, Secretarial 'Auditors and Mr. Krishna Reddy, Scrutinizer of the meeting.

Since the requisite quorum was present, the Company Secretary requested the Chairperson to address the Shareholders.

Mr. Ramadas Kasarneni, Chairperson of the meeting took the chair and called the meeting to order. He then addressed the members and gave an overview of the financial performance of the Company for the financial year ended 31* March, 2021 and its future outlook.

Thereafter, with the permission of the chair and members present, Mr. M. S. Sivanand, Company Secretary took the Notice and Director's Report as read. The Auditors' Report was then readout.

The Company Secretary then informed the members that in accordance with the provisions of Section 108 of the Companies Act, 2013 read with the rules made there under and Regulation 44of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015, the Company had extended the remote e-voting facility through Kfin Technologies Pvt. Ltd. to enable the members to cast/ exercise their vote(s) electronically on agenda items specified in the Notice of 315t AGM. The remote e-voting period had commenced on 27" September, 2021 at 09:00 A.M. and ended on 29" September, 2021 at 05:00 P.M.

The Company Secretary further informed that those shareholders who were not yet voted electronically they were requested to vote during the proceedings of this meeting through electronic media where facility for voting is provided.

. Contd...2

MADHUCON PROJECTS LIMITED ' CONTINUATION SHEET

Thereafter, the following items of Business as per the Notice of 30" Annual general Meeting were read out.

	MADHUCONPROJECTS LIMITED'	CONTINUATIONSHEET
	w2i
	the following items of Business as per the Notice of 30" Annual general Meeting wereThereafter,read out.
Item
	Item description	Resolution Type
	Ordinary Business:
	To receive, consider and adopt	Ordinary Resolution
	a. the Audited Financial Statements of the Company in IND ASfinancial year ended 31st March, 2021 togetherformatfor the
	ReportsBoardAuditorsDirectorsandofwiththetheofthereon; and'
	ConsolidatedStatementsAuditedFinancialthetheofb.
	CompanyIND AS format for the financial year ended31stinMarch, 2021 together with the report of the Auditors thereon.
	To appoint Auditors and to fix their remuneration.	Ordinary Resolution
	To appoint a director inMadhuMalampati,place of Sriwho~ 00368625)andbeingrotationoffersretireseligibleby	(DIN: Ordinary Resolution
	himself for re-appointment.
	Special Business:MohammadRe-appointmentRatificationtheofofSri.	Shafi Ordinary Resolution
	(DIN:07178265) as Whole Time Director of the Company
	Ratification of the Re-appointment of Sri Ramadas Kasaraneni02182093) as an Independent Director andChairman of(DIN:	Ordinary Resolution
No.1.2.3.3.4.5.	the Company. To appoint and approve the remuneration of the Cost Auditor Ordinary RESOIItION
	for the financial year ending on 31st March, 2022. Approval for Non-Provision of the Interest on Working Capital Ordinary ResolutionUnsecured Loans.Loans&

Thereafter, the Chairperson invited the queries on above items and all the queries were answered by the Chief Financial Officer and Managing Director of the Company. ,

The members who have not voted electronically and who joined the AGM through VC / OAVM have casted their votes with insta Poll process.

The Chairperson informed the members that the result of voting i.e., remote e-voting results and results of insta Poll process voting done at AGM received along with consolidated scrutinizers report shall be announced within 2 days from the conclusion of AGM at the Registered Office. of the Company and would be displayed on the website of the Company, Stock Exchanges and website of KFin Technologies Pvt. Ltd. He also informed that results would also be intimated to "The Bombay Stock Exchange Limited (BSE) and National Stock Exchange Limited (NSE)" and would be available at the registered office-of the Company.

The Company Secretary thanked all the members, for their presence and support and after the casting of votes by all the members present at the 31 st AGM was declared closed at 03:32 PM.

Kindly take the same on record.

For Madhucon Projects Ltd., Cac

(M. .SSiv nand) ee Company Secretary & Compliance Officer ACS: 10822