Menon Bearings Ltd — AGM Information 2019

Jul 19, 2019

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MENON BEARINGS LIMITED

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Secretarial Audit Report and directors' response as given in their Report were read out at the meeting.

He further informed that

• As per the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by the Companies (Management and Administration)Amendment Rules, 2015, Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and as per Secretarial Standards on General Meeting (SS-2) issued by Institute of Company Secretaries of India (ICSI), all the members were provided with the facility to exercise voting by electronic means through e-voting platform of Link Intime India Private Limited on all the resolutions as set out in the Notice of 28 [th] AGM.

• The e-voting period commenced on Monday, 15[th ] July, 2019 at 09.00 a.m. and ended on Wednesday, 17[th ] July, 2019 at 5.00 p.m.

• The Company had also provided the facility,to vote through polling papers, to those members who were present at the AGM, either personally or by proxy and who had not cast their vote earlier through e-voting on all the resolutions as set out in the Notice of the AGM.

• The Board of Directors had appointed CS Manish Baldeva, Proprietor, M/ s. M Baldeva Associates, Company Secretaries, Thane as the Scrutinizer to scrutinize the process of e­ voting and voting through poll papers in a fair and transparent manner.

The following items of business, as per the Notice of 28 [th ] AGM dated 23 [rd ] April, 2019, were then put to vote through Polling Paper (to be voted by only those members who have not casted their vote earlier through e-voting):

Item No.	Item No.	Agenda Items	Type	of
			Resolution
ORDINARY BUSINESS
	1	OrdinaryResolutionforadoptionofAuditedFinancial	Ordinary
		Statements for theyear ended 31st March, 2019 along with Board
		of Directors' Report and Auditors' Report thereon.
	2	OrdinaryResolutionto takenoteof paymentof interim	Ordinary
		dividend (150% )paid on Equity Shares for te financial year
.		ended on 31st March,2019��a2 KOR\�416 23�REGO. OFFICE & WORKS:,E-mail : admin@menonbearings.in
GOK	UL SHIRGAON, KOLHAPUR- 416 234. INDIAVisit us at : http : // www.menonbearings.in
231	26 72 279 / 533 / 487 Fax:+ 91 231 267 22 78GIN : L29130PN1991 PLC062352

REGO. OFFICE & WORKS: MIDC, GOKUL SHIRGAON, KOLHAPUR- 416 234. INDIA Phones : + 91 231 26 72 279 / 533 / 487 Fax:+ 91 231 267 22 78

MENON BEARINGS LIMITED

MENON BEARINGS

3 Ordinary Resolution to appointment of a director in place of Mr. Ordinary R. D. Dixit (DIN: 00626827), Director of the Company, who retired by rotation and being eligible, offered himself for reappointment. SPECIAL BUSINESS Ordinary Resolution for approval of remuneration payable to Ordinary 4 M/s. C. S. Adawadkar & Co., Cost Auditors, Pune (FRN: 100401) for the financial year 2019-20.

Clarifications were provided to the queries raised by the members.

CS Manish Baldeva, Scrutinizer locked and sealed the empty Poll box in presence of the members. The Poll box with the Poll Papers was handed over to the Scrutinizer.

Mr. Arun Aradhye further informed the members present that the consolidated results of the voting will be declared within 48 hours from the conclusion of the AGM and will be displayed at the Registered Office of the Company situated at G-1, MIDC, Gokul Shirgaon, Kolhapur - 416234. The same will be available on the Company's website www.menonbearings.in and on the website of Link Intime India Pvt. Ltd. viz.hts:/instavote.linkintime.co.inand will be communicated to the BSE Limited and National Stock Exchanges of India Limited where the shares of the Company are listed.

After conclusion of the voting process the meeting ended with a vote of thanks to the Chair .

For Menon Bearings Limited

REGO. OFFICE & WORKS MIDC, GOKUL SHIRGAON, KOLHAPUR - 416 234. INDIA Phones:+ 91 231 26 72 279 / 533 / 487 Fax:+ 91 231 267 22 78

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E-mail : admin@menonbearings.in Visit us at: http : // www.menonbearings.in GIN: L29130PN1991PLC062352