MUNOTH COMMUNICATION LIMITED — AGM Information 2019

Aug 7, 2019

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7[th] August 2019

M/s. Bombay Stock Exchange Limited, Phiroze Jheejeebhoy Towers, Dalal Street, Mumbai- 400 001

Dear Sir/Madam,

Sub: Submission of Proceedings of the 35[th] Annual General Meeting of the Company held on Wednesday, the 7[th] August, 2019 at 10.15 A.M.

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are herewith submitting the proceedings of the 35[th][Annual] General Meeting of the Company.

1) In accordance with the notice dated 28[th] May 2019 the 35[th] Annual General Meeting of the Shareholders of Company was held on Wednesday, the 7[th] August, 2019 at 10.15 A.M. at “Nahar hall (South India Hire Purchase Association), Desabandhu Plaza, 1[st] floor, 47, Whites Road, Royapettah, Chennai-600014”.

2) Mr. Lalchand Munoth, the Chairman of the Company chaired the meeting.

3) The Chairman, after ascertaining the quorum, called the Meeting to order.

• 4) The Chairman welcomed the Shareholders and introduced the Directors present.

5) The Chairman informed that the Annual report of the Company together with Notice conveying the 35[th] Annual General Meeting were delivered to the Members as per the Statutory requirements. With the permission of the Shareholders present, the Notice and Auditor's Report was taken as read.

6) The Chairman then addressed the Shareholders and appraised the Shareholders on the Performance of the Company during the Financial Year ended 31[st] March, 2019.

7) The Chairman informed the members that pursuant to provisions of Section 108 of the Companies Act, 2013 read with rule 20 of the Companies (Management and Administration) Rules, 2014 and amendments thereto, the Company has provided an opportunity to all members for casting their votes electronically in respect of the businesses to be transacted at the Annual General Meeting. E-voting commenced at 9.00 a.m. on 4[th] August 2019 and ended at 5.00 p.m. on 6[th] August, 2019.

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8) Mr.N.Selvam, Practicing Company Secretary (Membership No.:4318; CP No: 4858) was appointed as Scrutinizer by Board to conduct the E-voting and Poll in a fair and transparent manner.

9) Resolutions Passed:

The following resolutions were moved as Ordinary Resolution for voting at the meeting:

1. To receive, consider and adopt the Audited Financial statements of the Company along with the consolidated financial statements of the Company for the financial year ended March 31, 2019 including the audited Balance Sheet as on that date and the Statement of Profit and Loss for the year ended on that date and Cash flow Statement as on that date and the Reports of the Directors and Auditors thereon.

2. To appoint a Director in place of Lalchand Munoth (DIN No: 01693640) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.

3. To appoint a Director in place of Mr. Bharat Munoth (DIN No.00769588) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.

The following resolution was moved as Special Resolution for voting at the meeting:

1. To re appoint Mr.C R Sasi as an Independent Director of the Company, not liable to retire by rotation and to hold office for a second term of five consecutive years from September 19, 2019 to September 18, 2024 on the Board of the Company.

10) The voting results will be notified to the Stock Exchange in the format prescribed under Regulation 44 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 within 48 hours from the conclusion of the Annual General Meeting and the details of the said results will also be uploaded on the Company’s website.

We request you to take the above on you record.

Thanking you,

Yours Faithfully,

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