MOIL Limited — AGM Information 2023

Sep 21, 2023

MOIL LIMITED

(A Government of India Enterprise) MOIL Bhavan, 1A, Katol Road, Nagpur – 440 013 ☎ : 0712-2806100, 2806182 /216 E-Mail : compliance@moil.nic.in Website: www.moil.nic.in Telefax: 0712-2591661 CIN No: L99999MH1962GOI012398

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( Hkkjr ljdkj dk midze ) EkkW;y Hkou , 1, dkVksy jksM , ukxiqj - 440 013 ☎ : 0712-2806100, 2806182 /216 bZ esy : compliance@moil.nic.in osclkbZV : www.moil.nic.in VsyhQsDl : 0712-2591661 lh . vk; . ,u ua . : L99999MH1962GOI012398

CS/NSE-BSE/2023-24/133

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Date: 21.09.2023

To, To, The GM (Listing), Listing Department National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, Plot No.C-1, G Block, PhirozeJeejeebhoy Towers BandraKurla Complex, Bandra (East), Dalal Street Mumbai – 400053 Mumbai- 400001

Sub : Gist of Proceeding of 61[st] Annual General Meeting of the Company held on 21.09.2023.

Stock NSE: MOIL Code: BSE: 533286 ISIN: INE490G01020

Dear Sir/Madam,

Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as well as Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, the company had provided e-voting facility to the shareholders of the Company in respect of all the items transacted at the 61[st] Annual General Meeting (AGM) of the Company held as hybrid (combined physical and electronic mode) meeting, on Thursday, 21[st] September, 2023 at 03:30 p.m. at Radisson Blu Hotel, 7 Wardha Road, Nagpur 440015.

The e-voting period commenced on 17[th] September, 2023 at 9.00 a.m. and ended on 20[th] September, 2023 at 5.00 p.m. with cut-off date for determining eligibility of shareholders for e-voting being 14[th] September, 2023. Electronic voting and Ballot papers facility was also available during the AGM.

Shri Amit. K. Rajkotiya, Practicing Company Secretary (FCS-5561), who was appointed as a Scrutinizer will submit his report to the Chairman latest by 22.09.2023.

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, proceedings of the said 61[st] AGM held on 21.09.2023 are enclosed herewith.

The above are also uploaded on the Company's website www.moil.nic.in

This is for your kind information please.

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Thanking you, Yours faithfully/Hkonh;

For MOIL Limited/ d`Rks EkkW;Yk fYkfEkVsM

NEERAJ DUTT Digitally signed by NEERAJ DUTT PANDEY PANDEY Date: 2023.09.21 20:30:20 +05'30'

Neeraj Dutt Pandey/(Ukhjt nRr ik.Ms;) (Company Secretary & Compliance Officer)/ (dEiuh lfpOk lg vuqikyu vf/kdkjh)

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MOIL LIMITED NAGPUR

Gist of Proceedings of the 61[st] Annual General Meeting held as hybrid (combined physical and electronic mode) meeting, on Thursday, 21[st] September, 2023 at 03:30 p.m. at Radisson Blu Hotel, 7 Wardha Road, Nagpur 440015.

• (I) Shri Ajit Kumar Saxena, Chairman-cum-Managing Director, Chaired the Meeting.

• (II) As the requisite quorum was present, the Chairman called the Meeting to order.

• (III) Company secretary informed that the meeting is held through hybrid (combined physical and electronic mode) meeting.

• (IV) Company secretary informed to shareholders about availability of registers of Directors, KMP, Shareholding, Contract, Reports and other related documents/reports of Auditors for their inspection in electronic mode.

• (V) Company secretary introduced Directors/Auditors/Scrutinizer, etc. to the shareholders.

• (VI) With the permission of the shareholders, notice calling the 61[st] AGM of the Company along with Board’s Report, Balance Sheet etc. were taken as read.

• (VII) Company secretary informed shareholders that the Company has provided facility of electronic voting by means of remote e-voting. He also informed that electronic voting and voting through ballot papers is also available during the AGM.

• (VIII) The Chairman delivered his speech to the shareholders.

• (IX) The Chairman informed that report of Statutory Auditors' were not required to be read at the meeting, as there was no comments/observation. He further informed the shareholders about observations in the Secretarial Audit Report regarding composition of the Board.

• (X) Chairman informed to the Shareholders about 9 Agenda Items and proposed resolutions:

Resolution No.	Items / Resolutions
Ordinary Business
1	To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Directors, the Auditors thereon and Comments of the Comptroller & Auditor General of India–Ordinary Resolution
2	To declare Final Dividend of Re. 0.69 per equity share for the year ended March 31, 2023)–Ordinary Resolution
3	To consider continuation of the appointment of Shri. Rakesh Tumane, Director (Finance) (DIN: 06639859)
4	To consider continuation of the appointment of Shri. M.M. Abdulla, Director (Prod. & Plng.) (DIN: 09388832)
5	To authorise the Board of Directors to fix remuneration of Statutory Auditors of the Company for the financial year 2023-24 in compliance with the orders and directions of appointment by the Comptroller and Auditor-General of India

Special Business	Special Business
6	To ratify the remuneration of M/s Ujwal P. Loya & Co., a practicing Cost Accountant, as Cost Auditor of the Company for the financial year 2023-24 - Ordinary Resolution
7	To consider continuation of the appointment of Shri Ajit Kumar Saxena, Chairman-cum-Managing Director (DIN:08588419), as Chairman & Managing Director
8	To consider continuation of the appointment of Dr. Sanjay Roy, Nominee Director (Govt. of India) (DIN:10045280), as a Nominee Director
9	To consider continuation of the appointment of Shri Nikunj Kumar Srivastav, (DIN: 02008508), as a Nominee Director (Govt. of Madhya Pradesh)

• (XI) Chairman invited questions on the resolutions and general workings of the company. There were six speaker Shareholders who asked the questions during AGM in addition to questions received after the shareholders present in the meeting in-person and also through chat box of VC. The Chairman answered queries received from the shareholders.

• (XII) Chairman declared the closure of the meeting.

Thanking you,

Yours faithfully/Hkonh; For MOIL Limited/ d`Rks EkkW;Yk fYkfEkVsM

NEERAJ Digitally signed by NEERAJ DUTT DUTT PANDEY Date: 2023.09.21 PANDEY 20:31:32 +05'30' Neeraj Dutt Pandey/ (Ukhjt nRr ik.Ms;) (Company Secretary & Compliance Officer)/ (dEiuh lfpOk lg vuqikyu vf/kdkjh)