MANAKSIA LIMITED — AGM Information 2020

Sep 29, 2020

Registered Office 'Turner Morrison Building' 6 Lyons Range, Mezzanine Floor, North-west Corner Kolkata - 700001, INDIA Phone : +91 33 2231 0055 E-mail : info@manaksia.com Website : www.manaksia.com

Date: 29.09.2020

Sec/Share/032/FY 20-21

The Secretary BSE Limited New Trading Wing, Rotunda Building, PJ Tower, Dalal Street, Mumbai- 400001 Scrip code: 532932

The Manager National Stock Exchange of India Limited Exchange Plaza, C-1, Block "G" 5th floor, Bandra Kurla Complex, Bandra East, Mumbai- 400051 Symbol: MANAKSIA

Sir,

Sub: Proceedings of the 36 Annual General Meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As per the requirement of Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, summary of the Proceedings of the 36t Annual General Meeting of the members of Manaksia Limited held on Tuesday, September 29, 2020 at 12:30 PM through Video Conferencing (VC)/Other Audio Visual Means (OAVM) is enclosed herewith as Annexure - |.

This is for your kind information and record.

Thanking you, Yours faithfully,

For Manaksia Limited

Pradip Kumar Kandar Company Secretary

Encl: As above

Annexure-I

Summary of Proceedings of the 36' Annual General Meeting of Manaksia Limited

The 36th Annual General Meeting ("AGM") of the Members of Manaksia Limited was held on Tuesday, September 29, 2020 at 12:30 PM through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in accordance with the applicable provisions of Companies Act, 2013, circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

Dr. Kali Kumar Chaudhuri- Independent Director chaired the meeting.

The Company Secretary of the Company informed that the Meeting was held through VC/ OAVM in compliance with the Circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

Members attended and participated in the AGM through VC/OAVM only. For the purpose of technical compliance of provisions of Section 96(2) of the Companies Act, 2013, the place of meeting was assumed as the place where the Company is domiciled i.e. the registered office of the Company.

The Meeting was attended by 78 Members through VC/OAVM.

Based on the confirmation received from the Company Secretary, the Chairperson of the meeting. informed the Members that requisite quorum was present and thereafter called the meeting to order. The Quorum was present throughout the Meeting.

The Company Secretary introduced the Directors and Key Managerial Personnel (KMP) and advised the Members that the registers and documents, as statutorily required, were available for inspection on the e-voting website of National Securities Depository Limited. Dr. Kali Kumar Chaudhuri, Chairman of this meeting and Mr. Suresh Kumar Agrawal, Managing Director of the Company addressed the Members and delivered their speech.

The Notice convening the 36th AGM and Financial Statements and Auditor's Report were taken as read.

The Company Secretary then informed the Members that Ms. Pammy Jaiswal (Membership No. 48046 and CP No.: 18059), Partner at Vinod Kothari & Company, Practising Company Secretaries, Kolkata had been appointed by the Board as Scrutinizer. The facility of the remote e-voting for the Members was available from Friday, September 25, 2020 at 9:00 AM (IST) till Monday, September 28, 2020 at 5:00 PM (IST). E-voting facility was also provided during the Meeting to those Members who had not cast their votes through remote e-voting. It was informed that the voting window shall continue to remain open for fifteen minutes after the conclusion of AGM.

Meetingtoconclusion of AGM.	their votesthroughhadnotcastMemberswhothoseremain openinformed that the voting window shall continue to	wasremotee-voting.Itminutes after thefor fifteen
StatutoryTheVC/OAVM.	presentwerealsoSecretarialAuditorAuditorand	AGMthroughduringthe
ChairpersonThe	opportunity to thegaveMeetingthenof thethemselves as Speakers to ask questions or share their views.	registeredMembers whohad
thismeeting	Upon the Members completing their submissions, the Dr. Kali Kumar Chaudhuri, Chairman ofDirectorAgrawal,ManagingKumarandMr.Sureshclarifications to all the relevant queries raised by the Members.The following items of the business as per the notice of AGM were transacted at the meeting:	furnishedrequisite
Item No.	Details of the Business	Resolution Required
1.	a) To receive, consider and adopt the Audited StandalonefinancialforthetheCompanyStatementsofFinancialtheAuditedincludingMarch,2020ended31styearBalance Sheet and Statement of Profit & Loss for the yearended31st March,2020 and the Reports of the Board ofDirectors and Auditors thereon;	Ordinary
	consideradoptAuditedandToreceive,theb)CompanyConsolidatedStatementsFinancialtheofforthe Financial Year ended 31st March, 2020including theConsolidatedStatementAuditedBalanceSheetandofProfit & Loss for the year ended 31st March, 2020 and theReport of the Auditors thereon.	Ordinary

2.	approve,confirmdividendanddeclareinterimTotheCompany for theequity sharesFinancialpaidonof the2019-20,Yeardividend,financialyearthefinalforasended 31st March, 2020.	Ordinary
ce	To appoint a Director in place of Mr. Vineet Agrawal (DIN:00441223),whoAnnualrotationretiresbythisatMeetingGeneralDirector andbeingofferseligible,asahimself for re-appointment.	Ordinary
4,	To approve re-appointment of Mr. Suresh Kumar Agrawal(DIN: 00520769) as Managing Director of the Company	Special
By	To approve Related Party Transactions to be entered intoby the Company during the FY 2020-21with Sumo SteelsLimited.	Ordinary
6*	To approve Related Party Transactions to be entered intoCompany2020-21MINLduringwiththebytheFYLimited.	Ordinary
Vs	To approve Related Party Transactions to be entered intoCompany during2020-21Manaksiaby thewiththeFYSteels Limited.	Ordinary

The Company Secretary then informed the Members that the results on the resolutions, shall be declared after receipt of the Scrutinizer's Report and the same will be forwarded in the prescribed format to BSE Limited ("BSE") and National Stock Exchange Limited ("NSE") where the shares of the Company are listed and the said results alongwith the Scrutinizer's Consolidated Report on remote e-voting and e-voting at the meeting will also be hosted on the website of the Company (www.manaksia.com) and the website of the agency providing e-voting facility, National Securities Depository Limited ("NSDL"), (www.evoting.nsdl.com). It was further informed that the results shall also be placed on the notice board of the Company at its Registered Office.

The members were thanked for attending and participating in the Meeting.

Thereafter, the meeting concluded at 01:34 P.M. with a vote of thanks to the Chai