M.M.Forgings Ltd. — AGM Information 2022

Jul 4, 2022

M M FORGINGS LIMITED

SVK TOWERS, A 24/25, THIRU VI KA INDUSTRIAL ESTATE, GUINDY, CHENNAI- 32 Phone: 91-44-71601000 E-Mail: corporate@mmforgings.com CIN L51102TN1946PLC001473

Date : 04 July 2022

The Deputy General Manager National Stock Exchange of India Ltd Corporate Relationship Department. ‘Exchange Plaza’, Bandra – Kurla Bombay Stock Exchange Limited, Complex, Rotunda Building, P.J.Towers, Bandra ( E), Mumbai – 400 051 First Floor, New Trading Wing, Dalal Street, MUMBAI –400 001

Dear Sirs,

Ref.: NSE : security code- MMFL –EQ; BSE : Security Code -522241

Dear Sir,

Sub.: Compliance of SEBI LODR

Please find enclosed the Proceedings of the Annual General Meeting of the Company held on 04 July 2022, pursuant to Regulation 30 of SEBI( LODR) Regulation 2015.

Kindly take it on record.

Thanking you,

Yours faithfully, For M M FORGINGS LIMITED J.SUMATHI COMPANY SECRETARY

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Enclosed : as above

Website:www.mmforgings.com

M M FORGINGS LIMITED

SVK TOWERS, A 24/25, THIRU VI KA INDUSTRIAL ESTATE, GUINDY, CHENNAI- 32 Phone: 91-44-71601000 E-Mail: corporate@mmforgings.com CIN L51102TN1946PLC001473

SUMMARY OF PROCEEDINGS OF 76[TH] ANNUAL GENERAL MEETING

The 76[th] Annual General Meeting of the Members of the Company was held on 04 July 2022 at 3 P.M., through Video Conference (VC) / Other Audio Visual Means (OAVM).

Due to his pre-occupation, Shri. N. Srinivasan, Chairman of the Audit Committee and the Board of Directors, was unable to attend the Meeting. The Directors presented elected Shri Vidyashankar Krishnan as the Chairman of the Meeting.

The Chairman announced that the quorum was present and the meeting was in order.

The Company had provided the Members the facility to cast their vote electronically on all resolutions set forth in the Notice. Members who were present at the AGM and had not cast their votes electronically were provided an opportunity to cast their votes electronically at the end of the meeting.

The Company had appointed Shri. M. Damodaran, Practising Company Secretary, as the Scrutinizer for the purpose of scrutinizing the process of remote e-voting held prior and e-voting during the AGM.

The Chairman informed that in view of the restrictions due to outbreak of COVID-19 and considering the social distancing norms, the AGM was conducted through VC / OAVM. This meeting has been convened and being conducted in accordance with the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI). The Chairman informed that the Company had tied up with Central Depositories Services Limited (CDSL) to provide facility for voting through remote e-voting, e-voting during the AGM and participation in the AGM through VC / OAVM facility.

The Chairman speech was taken as read as it was uploaded in the platform of VC.

Chairman requested Company Secretary to read the items of business set-out in the AGM Notice. Thereupon, items in the Notice were read by the Company Secretary.

Chairman of the meeting called the registered speaker shareholders.

On the invitation of the Chairman, Members who had registered themselves as speakers and presented at the meeting , addressed the meeting through VC/ OAVM and sought clarification on Company’s accounts and businesses. The Chairman responded to the queries of the Members and provided clarifications.

Chairman announced about the e-voting procedure to be followed by the members at the meeting and allowed voting at the end of the meeting.

The resolutions transacted at the Annual General Meeting:

Sl.No.	Particulars	Resolutions (Ordinary/ Special)	Result
ORDINARY BUSINESS
1	To consider and adopt the audited financial statements - Standalone and Consolidated Financial Statements and Reports of the Board of Directors and Auditors thereon for the Financialyear ended March 31,2022	ORDINARY	PASSED
2	To appoint a Director in place of Shri K. Venkatramanan (holding DIN 00823317) who retires by rotation and being eligible offers himself for re- appointment .	ORDINARY	PASSED
3	To appoint M/s G. Ramesh Kumar & Co., Chartered Accountants as Statutory Auditor of the Company and authorize to fix their remuneration	ORDINARY	PASSED
SPECIAL BUSINESS
4	Change in Object Clause of the Memorandum of Association of the Company, to append sub-clause (f) in clause III (1) of the Memorandum of Association of Company.	SPECIAL	PASSED
5	Change in Object Clause of the Memorandum of Association of the Company, to append sub clause (g) in clause III (1) of the Memorandum of Association of Company	SPECIAL	PASSED
6	Ratifying the appointment and remuneration of Cost Auditor, Shri. S. Hariharan	ORDINARY	PASSED

The meeting ended with a minute prayer at 03.59 P.M, which includes the venue e-voting at the Annual General Meeting

This is for your information and records.

Thanking you, Yours faithfully,

For M M FORGINGS LIMITED J.SUMATHI COMPANY SECRETARY