Nahar Polyfilms Ltd. — AGM Information 2019

Sep 30, 2019

Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phone: 91-161-2600701 to 705, 2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: secnel@owmnahar.com Website: www.owmnahar.com CIN.:L17115PB1988PLC008820

NPFLlSD/2019-201 30th September, 2019

The BSE Limited	The NationalStock ExchangeofIndiaLimited
25th Floor,P.J. Towers,	ExchangePlaza,5th Floor,
Dalal Street,	Plot No. Cl1,G-Block
Mumbai- 400 001	Bandra-KurlaComplex,Bandra(E)
	Mumbai- 400 051
SCRIP CODE:523391	SYMBOL:NAHARPOLY

PROCEEDINGS OF THIRTY-FIRST ANNUAL GENERAL MEETING OF THE COMPANY HELD ON MONDAY, 30TH SEPTEMBER, 2019 AT 12:30 P.M.

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that 31st Annual General Meeting of the Members of the Company was held on Monday, the 30th day of September, 2019 at 12:30 p.m. at the premises of Mis Nahar Industrial Enterprises Limited, Focal Point, Ludhiana.

Pursuant to section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Amendment Rules, 2015 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company offered remote e-voting facility to all the shareholders of the Company, in respect of the items of the business from 1 to 6 as set out in the Notice of the 31Sl Annual General Meeting. For this purpose, the company engaged the services of Central Depository Services (India) Limited for providing remote e-voting facility to its shareholders. The remote e-voting opened for three days starting from 27thSeptember, 2019 at 09:00 a.111to 29thSeptember, 2019 at 05:00 p.m.

The shareholders who were present at the Meeting and had not cast their votes electronically were provided the opportunity to cast their votes by way of poIllbaIlot paper. The procedure for casting the vote was explained to the Members.

Mr. P. S. Bathla, Practicing Company Secretary, Ludhiana having Membership No FCS-4391, was appointed to act as Scrutinizer for the e-voting as well as to conduct poll process in a fair and transparent manner at the venue of Annual General Meeting i.e. at the premises ofNahar Industrial Enterprises Limited, Focal Point, Ludhiana.

Following items of Resolution set out in the Notice convening 31stAnnual General Meeting were proposed for shareholders approval at the Meeting.

ORDINARY BUSINESS

1YfI1{)itfJj14, RahejaChambers, 213 Nariman Point, Mumbai- 400 021 Phone: 91-22-22835262,22835362 Fax: 91-22-22872863 E-mail: mumbai@owmnahar.com

Gurgaon: Flat No. 22-B, Sect6r-18, Gurgaon-120015 (INDIA) Phones: 91-124-2430532-2430533. Fax: 91-124-2430536 E-mail: delhi@owmnahar.com

Phone: 91-161-2600701 to 705,2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: secnel@owmnahar.com Website: www.owmnahar.com CIN. :L17115PB1988PLC008820

b. Adoption of Consolidated Financial Statements of the Company for the financial year ended 31st March, 2019 and the Report of Auditors thereon.

1. Declaration of Dividend @ 10% i.e. Rs.0.50 per Equity Share ofRs. 5/- each for the year ended 31sl March, 2019. (Ordinary Resolution)

2. Appointment of Mr. Dinesh Oswal (DIN: 00607290), Director retiring by rotation. (Ordinary Resolution)

3. Appointment of Mr. Komal Jain (DIN: 00399948), Director retiring by rotation. (Ordinary Resolution)

SPECIAL BUSINESS:

1. Ratification of remuneration of Mis. Khushwinder Kumar & Associates (Firm Registration No. 000102) as Cost Auditors of the Company for conducting Cost Audit for the financial year 2019-20. (Ordinary Resolution)

2. Reappointment of Mr. Satish Kumar Sharma (DIN: 00402712) as an Executive Director of the company. (Special Resolution)

After completion of poll process under the supervision of Mr. P.S. Bathla, the scrutinizer, the Chairman informed that on the basis of Scrutinizer's Consolidated Report on e-voting and poll, the polling results will be declared by 05:00 p.m. tomorrow at the Registered Office of the Company. The polling results will also be submitted to the Stock Exchange(s) in the format prescribed under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the details of the said results will also be uploaded on the Company's website and website ofCDSL.

Thereafter, the meeting concluded at 01:00 p.m. with a vote of thanks to the Chair.

This is for your information and records please.

Thanking you.

Mumbal: 414, Raheja Chambers,213 Nariman Point, Mumbai- 400 021 Phone: 91-22-22835262, 22835362 Fax: 91-22-22872863 E-mail: mumbai@owmnahar.com