MFS Intercorp Limited — AGM Information 2021

Aug 18, 2021

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August 18, 2021

To, BSE Limited, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Script Code: 513721 Scrip ID: MFSINTRCRP

Dear Sir,

Sub: Summary of the Proceeding of 34[th] Annual General Meeting of the Company held on 18[th] August, 2021

We have enclosed, in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), a summary of the proceedings of the 34[th] Annual General Meeting ('AGM') of the Company held on August 18, 2021.

Thanking you,

Yours faithfully,

For MFS Intercorp Limited

Deepak Khandelwal Company Secretary

CIN: L27209DL1986PLC254555

E-mail: muskanferros@gmail.com, www.muskanferro.com, Contact No.: 9712050787 Corporate Office: C-908, Ganesh Glory, Jagatpur Road, Near S.G. Highway, Ahmedabad, 382470, Gujarat

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Summary of the proceedings of the 34[th] Annual General Meeting of MFS Intercorp Limited

The 34[th] Annual General Meeting (‘AGM’) of the Members of MFS Intercorp Limited was held on Wednesday, August 18, 2021 through Video Conferencing / Other Audio Visual Means in conformity with the regulatory provisions and Circulars issued by the Ministry of Corporate Affairs, Government of India. The Meeting commenced at 11:00 a.m. (IST).

Mr. Deepak Khandelwal, Company Secretary welcomed all the Members and Directors to the 34[th] Annual General Meeting of MFS Intercorp Limited and

The meeting was chaired by Mr. Yunis Saya and he confirmed that the quorum was present and declared that the meeting was in order. He also informed the members that in view of the restrictions due to outbreak of COVID-19 and considering the social distancing norms, the AGM was conducted through Video conferencing / Other Audio Visual means in compliance with the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India.

Thereafter the informed the members that the Notice of the AGM and the Statutory Auditors Report on the Financial Statements and the Secretarial Audit Report were taken as read as it was circulated earlier.

The Company Secretary briefed the Members on the resolutions covered in the Annual General Meeting Notice dated July 25, 2021 and listed under Serial Nos. 1 to 3 below:

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31[st] March, 2020, the Reports of the Board of Directors on the working and activities of the Company and the Auditor’s Report thereon.

2. To Appoint a Director in place of Mr. Zeel Kanubhai Kukadiya (DIN-08202282) who retires by rotation and being eligible, offers him-self for re-appointment.

4. To Re-Appoint Auditors M/s. Rishi Sekhri And Associates And Fix Their Remuneration.

Two members had registered to be speakers and were present during AGM and their queries were responded by the CFO to their satisfaction.

Mr. Suhas Bhattbhatt, Proprietor of M/s S Bhattbhatt & Co., Practicing Company Secretary was appointed by the Board of Directors as the Scrutinizer for conducting the electronic voting process in a fair and transparent manner. E- voting facility was provided during the Meeting to those Members who had not cast their votes through remote e- voting. The facility to cast votes through remote e-voting was also provided to the Members from 9:00 a.m. on August 14, 2021 till 5:00 p.m. on August 17, 2021.

The Chairman thanked the Members for attending the Annual General Meeting and declared the Meeting to be concluded at 11:25 a.m.

Thanks & Regards,

For MFS Intercorp Limited

Deepak Khandelwal Company Secretary

CIN: L27209DL1986PLC254555

E-mail: muskanferros@gmail.com, www.muskanferro.com, Contact No.: 9712050787 Corporate Office: C-908, Ganesh Glory, Jagatpur Road, Near S.G. Highway, Ahmedabad, 382470, Gujarat