MUNOTH COMMUNICATION LIMITED — AGM Information 2024

Sep 26, 2024

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September 26, 2024

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

Dear Sir/Madam,

Sub: Submission of Proceedings of the 40[th] Annual General Meeting of the Company held on Thursday, September 26, 2024 at 11:00 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 40[th] Annual General Meeting of the Company.

1) In accordance with the notice dated 17[th] August 2024, the 40[th] Annual General Meeting of the Shareholders of Company was held on Thursday, the 26[th] September 2024 at 11.00 A.M. through Video Conferencing(VC)/ Other Audio Visual Means (OAVM):

• 2) Mr. Jaswant Munoth, Managing Director of the Company acted as the Chairman of 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. The Chairman informed the Members that the Meeting was held through VC/OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

5) The Chairman informed that the Annual report of the Company together with Notice conveying the 40[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 2024.

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 23[rd] September 2024 and ended at 5.00 p.m. on 25[th] September 2024.

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

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9) Resolutions Passed:

The following resolutions were moved as Ordinary Resolution for voting:

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, 2024 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 Vikas Munoth (DIN No: 00769366) 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.

4. To appoint Mr. Denil Sudhesh Shah (DIN No. 10741855) as Independent Director of the Company, for a period of five years from 26[th] September 2024 to 25th September 2029 as per the terms and conditions mutually agreed between the Board of Directors and Mr. Denil Sudhesh Shah.

10) The Company had provided remote e-voting facility to its members to cast votes electronically on all items of business set out in the Notice.

11) 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.

12)

The meeting started at 11:00 AM and concluded at 11:45 AM.

We request you to take the above on you record.

Thanking you,

Yours Faithfully,

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