MODULEX CONSTRUCTION TECHNOLOGIES LIMITED — AGM Information 2020

Oct 1, 2020

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1[st] October, 2020

The Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400 001.

Security ID: MODULEX

Scrip Code: 504273

Dear Sir/Madam,

Sub.: Proceedings of the 47[th] Annual General Meeting of the Company held on 30[th] September, 2020

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI Regulations”) read with Part A of Schedule III to the SEBI Regulations, please find enclosed the summary of the proceedings of the 47[th] Annual General Meeting of the members of the Company held on Wednesday, 30[th] September, 2020 at 4.30 pm (IST) through Video Conferencing/Other Audio Visual Means.

Kindly take the same on records.

Thank you.

Yours faithfully,

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Encl: as above

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Modulex Construction Technologies Limited t/a Modulex CIN: L45100PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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SUMMARY OF THE PROCEEDINGS OF 47[TH] ANNUAL GENERAL MEETING OF MODULEX CONSTRUCTION TECHNOLOGIES LIMITED

Modulex Construction Technologies Limited (“the Company”) convened its 47[th] Annual General Meeting through the Video conferencing/Other Audio Visual Means on Wednesday, 30[th] September, 2020 at 4.30 p.m. IST, in accordance with the applicable provisions of Companies Act, 2013 read with the Rules issued thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Mr. Suchit Punnose, the Chairman of the Board, presided over the meeting and welcomed the Members to the meeting.

The Company Secretary further stated that the Company had availed the services of Central Depository Services (India) Limited (“CDSL”) for conducting the meeting through Video Conferencing and webcast for enabling participation of the Members at the meeting, remote e- voting and e-voting during the meeting. The Company Secretary introduced the Board Members, Key Managerial Personnel, representative of the Statutory Auditors, Secretarial auditor and Ms. Pooja Das, Practising Company Secretary, who was appointed as a Scrutinizer to scrutinize the voting process.

The details of the number of Members present at the meeting were as follows:

Category	Promoter and Promoter Group	Public	Total
Video Conference	3	26	29

The meeting was also attended by:

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Sr. No. Name Designation
1. Mr.Suchit Punnose Whole Time Director
2. Mr.Ajay Palekar Managing Director
3. Mr.Sandeep Khurana Independent Director
4. Mr. Aditya Vikram Kanoria Independent Director
5. Mr. Raj Kumar Sharma Non-Executive Director
6. Mrs. Rakhee Agarwal Independent Woman Director
7. Mr. Mahendra Kumar Bhurat Chief Financial Officer
8. Ms.Bhoomi Mewada Company Secretary
9. Mr.Mihir Hindocha Partner, RMJ & Associates, Chartered
Accountants
10. Mr. Hitesh Gupta Partner, Gupta Baul & Associates
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Modulex Construction Technologies Limited t/a Modulex CIN: L45100PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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As the meeting was conducted virtually where Members could join in person from all locations, the proxy facility was not necessitated and accordingly not provided. After ascertaining that the requisite quorum was present, the Chairman declared that the meeting was duly constituted and commenced the proceedings of the meeting.

Thereafter, the Company Secretary explained the general instructions to the Members who had joined the meeting regarding the participation and e-voting at the meeting. It was also stated that the Company had provided the remote e-voting facility to the Members of the Company in respect of the resolutions to be passed at the 47[th] AGM. The remote e-voting commenced on Sunday, 27[th] September, 2020 at 9:00 a.m. and ended on 29[th] September, 2020 at 5:00 p.m.

Members holding shares as of the cut-off date i.e. Wednesday, 23[rd] September, 2020 were entitled to cast their votes through remote e-voting and at the meeting. Further, Members present at the meeting could also cast their votes by means of e-voting that was made available during and 15 minutes after the conclusion of the meeting. Members who had cast their votes Through remote e-voting were eligible to participate at the meeting but were not eligible to vote at the meeting again. The Company Secretary then informed the Members that the necessary registers and documents referred to in the Notice of the 47[th] AGM would be made available for inspection, as per the requests made by the Members, if any.

Thereafter, the Company Secretary stated that the Reports from the Statutory Auditor and Secretarial Auditor did not contain any qualification, observation or comment.

Thereafter, the Company Secretary informed the Members that the Notice of the 47[th] AGM was taken as read as the same was already circulated to the Members and then placed the following items of the business as set out in the Notice of the 47[th] AGM for the Members approval by way of e-voting:

Sr No.	Type of Business	Particulars
1.	Ordinary Business	Adoption of Audited Financial Statements (Standalone and Consolidated)
2.	Ordinary Business	Appointment of Mr. Ajay Palekar (DIN: 02708940) as a Director liable to retire byrotation
3.	Special Business	Approve the appointment of Mrs. Rakhee Agarwal (DIN:08081921) as a Non – Executive Independent Woman Director of the Company

The Company Secretary informed the Members that a consolidated report of remote e-voting and e-voting conducted at the meeting would be announced within 48 (forty eight) hours from the conclusion of the meeting and made available on the website of the Company www.modulex.in, on the website of CDSL and also on the website of the Bombay Stock Exchange.

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Modulex Construction Technologies Limited t/a Modulex CIN: L45100PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061

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The meeting concluded at 17.09 p.m. with a vote of thanks to the Chair.

Thank you.

Yours faithfully,

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Modulex Construction Technologies Limited t/a Modulex CIN: L45100PN1973PLC182679 Registered Office: A-82, MIDC Industrial Estate, Indapur – 413 132, Maharashtra BSE Security Code: 504273 BSE Security ID: MODULEX Website - www.modulex.in Email - compliance@modulex.in Contact - Tel: +91 2111 223061