MMP Industries Limited — AGM Information 2018

Aug 31, 2018

MMP INDUSTRIES LIMITED

(Formerly Maharashtra Metal Powders Ltd)

Correspondence Address : B-24, MIDC Area, Hingna Road, Nagpur - 440 016. Ph.: (07104) 668000, FAX : 07104 668032, Email : sales@mmpil,com, Web : www.mmpil.com, CIN : U32300MH1073PLC030813

THROUGH ONLINE FILING

Ref. No.: MMPILNSE/2018/026 Friday, the 31 day of August 2018

The Manager, Listing Department, National Stock Exchange of India Limited SME PLATFORM — NSE EMERGE "Exchange Plaza", C - 1, Block G, Bandra — Kurla Complex, Bandra (East), MUMBAI 400 0 5 1

Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

Outcome or Proceedings of the Forty-fifth (45) Annual General Meeting of the Shareholders (Members) of the Company held on Friday, the 31 day of August 2018 at Nagpur

Ref: NSE SME SCRIPT CODE — MMP

Dear Sir / Madam,

Further to our Letter Ref No. MMPIL/NSE/2018/020 of Monday, the 23 July 2018; Ref No. MMPIL/NSE/2018/023 of Thursday, the 2 August 2018 and with reference to the captioned subject, we wish to inform you that:-

• 1. The Forty-fifth (45) Annual General Meeting of Shareholders (Members) of the Company was held on Friday, the 31 Day of August 2018 at 16:00 Hrs. at Hotel Tuli Imperial, Central Bazar Road, Ramdaspeth, Nagpur — 440010, MH, IN.
• 1. The Shareholders (Members) of the Company, subject to results of e-voting and physical poll (ballot) voting, has noted and considered the following agenda item/s placed before the Forty-fifth (45) Annual General Meeting of the Company:-

Regd. & KO. 211 SHRIMOHINI, 345 KINGSWAY, NAGPUR - 440 001 INDIA. TEL : (0712) 2524645, 2533585, FAX : (0712) 2530461, WORKS : VILLAGE : MAREGAON, POST: SHAHPUR, DIST. BHANDARA- 441 906, TEL: (07184) 282620,282471,282486 Fax: (07184) 282126

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MMP INDUSTRIES LIMITED

(Formerly Maharashtra Metal Powders Ltd)

Correspondence Address : 13-24, MIDC Area, Hingna Road, Nagpur - 440 016. Phi: (07104) 668000, FAX : 07104 668032, Email : sales@mmpil.com, Web : www.mmpil.com, CIN : U32300MH1973PLC030813

• a. Adoption of Financial Statements (Standalone & Consolidated), namely, Balance Sheet, Statement of Profit & Loss, Cash Flow Statement, of the Company, together with the Board's Report and Report of the Statutory Auditors of the Company, for the financial Year 2017-2018 ended 31 March 2018;
• b. Appointment of a Director in place of, Mr. Bhinvkaran Dhularam Jangid, (DIN - 08021867), who retires by rotation and being eligible, offers himself for re-appointment;
• c. Ratification and Approval of, Re-appointment of Messers Manish N. Jain & Co., Chartered Accountants, Nagpur, [ICAI Firm Registration No. 138430W, Peer Review Certificate No. 010231], to hold the office from the conclusion of Forty-fifth (45) Annual General Meeting till the conclusion of the Forty-ninth (49) Annual General Meeting of the Company to be held for the financial year 2021-2022, as the Statutory Auditors of the Company;
• d. Appointment of Mr. Bhinvkaran Dhularam Jangid, (DIN 08021867), as a Director, [Category — Non-Promoter & Executive], of the Company, liable to retire by rotation;
• e. Appointment of Mr. Bhinvkaran Dhularam Jangid, (DIN 08021867), [Category— Non-Promoter & Executive], as the Whole-time Director, designated Key Managerial Personnel (KMP), of the Company, for a period of Five (5) years effective 14 December 2017;
• f Re-appointment of Mr. Arun Raghuveer Raj Bhandari, (DIN 00008901), [Category — Promoter & Executive], as the Managing Director, designated Key Managerial Personnel (KMP), of the Company, for a further period of Five (5) years effective 1 February 2018;
• g. Appointment of Mr. Vijay Singh Bapna, (DIN 02599024), as a Director, [Category — Non-executive, Independent], of the Company and also, for a fixed first term of Three (3) consecutive year/s, i. e. from the conclusion of Forty-fifth (45) Annual General Meeting up to the conclusion of Forty-eighth (48) Annual General Meeting of the Company to be held for the financial year 2020-2021 ending 31 March 2021, as an Independent Director of the Company;

ISO 9001 REG STERED Regn No.:M54009131N

ISO 14001 REGISTERED Regn No.:M5400913IN

ICV0A1 OHSAS 18001 REGISTERED Regn No.:M5400913IN

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MMP INDUSTRIES LIMITED

(Formerly Maharashtra Metal Powders Ltd)

Correspondence Address : B-24, MIDC Area, Hingna Road, Nagpur - 440 016. Phi: (07104) 668000, FAX : 07104 668032, Email : sales@mmpiLcom, Web : www.mmpil.com, CIN : U32300MH1973PLC030813

• h. Appointment of Mr. Sunil Khanna, (DIN 00907147), as a Director, [Category — Non-executive, Independent], of the Company and also, for a fixed first term of Three (3) consecutive year/s, i. e. from the conclusion of Forty-fifth (45) Annual General Meeting up to the conclusion of Fortyeighth (48) Annual General Meeting of the Company to be held for the financial year 2020-2021 ending 31 March 2021, as an Independent Director of the Company;
• i. Ratification for Payment of Remuneration to Messers Khanuja Patra & Associates, Cost Accountants, Nagpur, [Firm Registration No. 00214], as the Cost Auditors, to audit the cost records of the Company, for the financial year 2018-2019 ending 31 March 2019.

The brief profile of the Director/s sought appointment or re-appointment is attached as an Annex.

Please be noted that the Forty-fifth (45) Annual General Meeting of Shareholders (Members) of the Company was commenced at 16:00 Hrs, and concluded at 18:30 Hrs. on Friday, the 31 Day of August 2018 at Hotel Tuli Imperial, Central Bazar Road, Ramdaspeth, Nagpur — 440010, MH, IN.

The Scrutinizer's Report together with results in respect of e-voting and physical poll (ballot) voting shall be submitted to the SME Platform of National Stock Exchange of India Limited — NSE EMERGE, immediately on receipt of the same, within the prescribed time period.

You are therefore, kindly requested to place the aforesaid information on records and do the needful. Meantime, kindly acknowledge the receipt.

Sincerely,

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For MMP Industries imited CS C l an akant Nimje Company Secretary ICSI Membership No. AC 7 629, Vinoba Bhave Nagar, Nagpur — 440017, MH, IN. End: As Above.

Details of Director/s seeking appointment/re-appointment at the Forty-fifth (45th) Annual General Meeting of the Company

[Pursuant to Regulations 26(4) and 36(6) of the SEBI Listing Regulations and Secretarial Standards on General Meeting]

Name of Director	Mr. Arun Raghuveer Raj Bhandari
DIN	DIN - 00008901
Brief Resume	the is Bhandari Raj Raghuveer Arun Mr.
	Promoter, Chairman and Managing Director of
	the Company. He holds a Bachelor's degree in
	Technology in Chemical Engineering from the
	Banaras Hindu University, Banaras, India. He has
	experience of about 36 years in the manufacture of
	pyro technique aluminium powder, paste and
	conductors and also manufacturing of circlips,
	retaining rings and other carbon steel stampings
	and formed components.
Date of Birth/Age	18th September 1955/ 63 years
Date of First Appointment	5th February 1981
functional Expertise in specific	Industrialist
area
Qualification	Graduate
Shareholding in the Company	46,39,641 (27.40%) Equity Shares
Relationship with other Director,	Cousin of Mr. Lalit Ranjeet Raj Bhandari (DIN —
Key other and Manager	00010234), Whole-time Director, designated Key
of the Personnel Managerial	Managerial Personnel (KMP) of the Company
Company
No. of Board Meeting attended
during the Financial Year 2017-	09 (100%)
2018
other the of Name	1. Star Circlips & Engineering Limited
which in Companies/LLP	2. Toyal MMP India Private Limited
Director/Partner	3. Mayank Fasteners Private Limited 4. Rohini Horticulture Private Limited
	5. Aditya Chemicals Limited
	6. PML Investment &Trading Company Limited
of the	MMP Industries Limited
Chairman/Member	(CSR) Responsibility Social 1. Corporate
Committee of Board of Directors of the Company or of Other	Committee (Chairman)
	2. Project Monitoring Committee (Chairman)
Listed Company	3. Share Transfer Committee (Chairman)
	4. Risk Management Committee (Member)

Name of Director	Mr. Bhinvkaran Dhularam Jangid
DIN	DIN - 08021867
Brief Resume	Mr. Bhinvkaran Dhularam Jangid, is a Whole
	of the holds a Company. He Director time
	Bachelor's degree in Commerce from Rajasthan
	University. He has experience of about 26 years in
	handling accounts, customs, central excise, import
	and export matters. He is associated with our
	group of Companies since 1990 and has worked at
	various designations. 15th July 1962/ 56 years
Date of Birth/Age	14thDecember 2017
Date of First Appointment functional Expertise in specific
area	Accounts and Finance
Qualification	Graduate
Shareholding in the Company	NIL
Relationship with other Director,
Key other and Manager	Not related to any Director, Manager and other
of the Personnel Managerial	Key Managerial Personnel of the Company
Company
No. of Board Meeting attended
during the Financial Year 2017-	01 (100%)
2018
other of the Name
which in Companies/LLP	NIL, Hence Not Applicable
Director/Partner of the
Chairman/Member Committee of Board of Directors
of the Company or of Other	NIL, Hence Not Applicable
Listed Company

Name of Director	Mr. Sunil Khanna
DIN	DIN - 00907147
Brief Resume	Mr. Sunil Khanna, is Non-executive, Independent
	Director of the Company, He holds a Bachelor's
	Degree in Electronics Engineering from Indian
	Institute of Technology, Banaras Hindu University
	(BHU) and also holds a Post Graduate Degree in
	Electronics Engineering (Communication) from
	He Institute of Technology, Kanpur. Indian
	career 1978 with started his in Hindustan
	Aeronautics Limited as a Design Engineer. Later,
	he joined DCM Data Products and ABB Group,
	positions India, Singapore various in and on
	of vast Indonesia. He has almost 40 years experience in different industries including Oil,
	Gas, Chemicals, in various position/s in Systems,
	Designs, Strategic Relations, Departments, in
	India and abroad.
Date of Birth/Age	7th July 1955/ 63 years
Date of First Appointment	7thMay 2018
Expertise in specific functional	Technical
area
Qualification	Post Graduate
Shareholding in the Company	NIL
Relationship with other Director,
other Key Manager and	Not related to any Director, Manager and other
of Managerial Personnel the	Key Managerial Personnel of the Company
Company
No. of Board Meeting attended
during the Financial Year 2017- 2018	Not Applicable
of the Name other
in which Companies/LLP	1. Vertiv Energy Private Limited
Director/Partner
of the Chairman/Member	MMP Industries Limited
Committee of Board of Directors	1. Nomination and Remuneration Committee
of the Companyor of Other Listed	(Chairman)
Company	2. Audit Committee (Member)
	3. Risk Management Committee (Member)

Name of Director	Mr. Vijay Singh Bapna
DIN	DIN - 02599024
Brief Resume	Mr. Bapna, Vijay Singh Non-executive, is Independent Director of the Company, He holds the Institute Membership of of the Fellow Chartered Accountants of India (ICAI) and a Member of the Institute of Directors, New Delhi. He has over 46 years of industry leadership experience, by holding various top level position/s, and Board like President, CEO Membership including Whole-time Directorship, for more than 25 years with the Companies in India, Thailand, Group, Canada and Aditya Birla like USA (Vedanta Group), Petroleum, Reliance Balco Indorama Petrochem (Bangkok), Welspun
	Essar (Australia), Algoma Resource Steel (USA) Ispat Steel Mineasota (Canada), Essar Industries (Now JSW Steel), Welspun Maxsteel Limited, Welspun Steel Limited and Remi Metal Gujarat Limited.
Date of Birth/Age	28thAugust 1948/ 70 years
Date of First Appointment	th May 2018 7
Expertise in specific functional area	(Accounts, Audit, Financeand Professional Taxation)
Qualification	Chartered Accountant
Shareholding in the Company	NIL
Relationship with other Director, Manager and other Key of Personnel Managerial the Company	Not related to any Director, Manager and other Key Managerial Personnel of the Company
No. of Board Meeting attended during the Financial Year 2017- 2018	Not Applicable
of Name the other	1. Global Education Limited
in which Companies/LLP	2. Lagnam Spintex Limited
Director/Partner	3. Oil Field Warehouse & Services Limited 4. AVA Consulting LLP

of the Chairman/Member	MMP Industries Limited
Committee of Board of Directors	1. Audit Committee (Chairman)
of the Company or of Other	2. Nomination and Remuneration Committee
Listed Company	(Member)
	Global Education Limited
	1. Audit Committee (Chairman)
	2. Nomination and Remuneration Committee
	(Member)
	3. Corporate Responsibility (CSR) Social
	Committee (Member)
	4. Stakeholders' Relationship Committee
	(Member)