NCC Limited — Regulatory Filings 2021

Aug 28, 2021

R BUILDING.: NCCL/ Regulation 30/2021 $: 28 - 08 - 2021$ Date

The Listing Department National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G Bandra - Kurla Complex Bandra (E) MUMBAI - 400 051. Symbol: NCC

The Corporate Relationship Dept. BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Fort MUMBAI-400001. Code: 500294

Dear Sir(s),

Sub: Proceedings of the 31^st Annual General Meeting of NCC Limited held on 27^th August, 2021 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The 31^st Annual General Meeting of NCC Limited commenced at 3.00 p.m on Friday 27^th September, through Video Conferencing (VC) / Other Audio Visual Means (OVAM) in compliance with applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with the Circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI.

No. of Shareholders on Cut Off date: 285815

No. of Members attended through VC: 104

The proceedings of the Meeting is given hereunder:

Sri Hemant M Nerurkar, Chairman of the Board occupied the chair and welcomed the Members. As requisite quorum was present through video conference, the Chairman called the Meeting to order. Since the meeting is conducted through video conference, Dr A S Durga Prasad, Independent Director and Chairman of the Audit Committee was appointed as the Vice Chairman for the purpose of the Meeting, to facilitate smooth functioning of the meeting, in case of any technical issues during the meeting.

The Chairman introduced his colleagues on the Board and Senior Executives who were present at the meeting through VC. He further informed that Mr. Navneet Kabra, Partner S R Batliboi & Assciates LLP, the Statutory Auditors of the Company and Mr. Subrahmanyam, Practicing Company Secretary, representing BS & Company, Company Secretaries LLP, the Secretarial Auditors of the Company are also present at this AGM through VC. Mr Ravi Shankar, Scrutinizer appointed by the

• -^, liiiurO,f"r ensuring smooth conduct of Remote E voting and lnsta Poll for the " "" "tr/tieting also attended the meeting through VC

The Chairman informed that the 31tt AG1VI Notice and Annual Report for the financial virrliio zl have already been sent electronically to those members whose emarl iO. *"r" registered with ihe Company/RTA or D,epository Participants With the po.lr.ion oi rembers, the Notice convening the 31"t Annual General lvleeting was iaken as read. As there were no qualifications in the Auditors' Report, the same was also taken as read.

TheChairmanrequestedlvlr'MVSrinivasaMurthy'CompanySecretarytoinform about the facility of "Remote-e-voting" provided to the lVlembers and other related matters. Mr. Ivl v Srinivasa tvlurthy, company secretary informed to,the sharehoiders r"grrOing holding of the AG lril through VC, non-applicability of proxy' speaker re!istratron, Question/ Answer Session and lnstapoll'

He further informed that the results of the voting will be declared and the same along with the scrutinizer's Report will be uploaded on the website of the company and *"orit", of the National Stock Exchange of lndia Ltd and BSE Limited on or before Monday, 30th August 2021.

Thereafter the Chairman delivered his speech

Mr.MVSrinivasaMurthy,CompanySecretarythereafterbriefedthemembersin ,"rp".t of the items of business proposed to be passed as per the Notice of the Annual General Meeting:

Ordinarv Business

• Item No. 1: Adoption of Financial statements (standalone and consolrdated) togetherwiththeReportsoftheDirectorsandtheStatutoryAuditorsfor th; F Y ended 31"tMarch2021 . (Ordinary Resolution)
• Item No. 2: Declaration of Dividend for the F.Y.2020-21 @ Rs 0 80/- per share (OrdinarY Resolution)
• ltem No' 3: Reappointment of Sri A G K Raju (DlN 00019100) as a Director of the Company, liable to retire by rotation (Ordinary Resolution)
• Item No. 4: Reappointment of sri A V N Raju (DlN 00018965) as a Director of the Company, liable to retire by rotation (Ordinary Resolution)

Specia lBusiness

^l x

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Itqn No. 5 x.I ^A Ratification of the Remuneration payable to M/s Vajralingam & Co', Cost Auditors (Firm Registration No. 101 059) for the Financial Year 2020-21. (Ordinary Resolution)

Re-appointment of Sri A V N Raju (DIN - 00018965) as a Wholetime Item No. 6: Director of the Company and remuneration payable to him. (Special Resolution)

As per the information provided by Kfin Technologies Pvt Ltd, 26 members registered themselves as speakers at the AGM.

The Chairman invited the Members to seek clarifications, if any, and offer their comments. Mr M V Srinivasa Murthy briefed the members about the time given for each member and the formalities relating to the raising of queries by the shareholders. With the permission of the Chairperson, the Company Secretary requested the moderator to facilitate the shareholders to speak or seek clarifications in the sequence of their registration. Some of the shareholders who registered themselves as speakers raised questions and sought clarifications.

Mr R S Raju, Associate Director (F&A) suitably replied the questions raised by the members of the Company. Questions received from few shareholders through email were also clarified by Mr. R S Raju.

The Chairman thanked the members for their active participation in the meeting and declared the conclusion of the business part of the meeting. He stated that the instapoll is open for 15 minutes from now and Members who have not yet cast their votes electronically may now cast their votes. He further stated that the results of the voting will be announced by Mr. A A V Ranga Raju, Managing Director on or before 30^th August 2021 and that the results will also be displayed on the website of the Company and also communicated to the Stock Exchanges.

The Meeting concluded with a vote of thanks to the Chair.

Thanking you,

Yours Faithfully

For NCC Limited

$28 - 08 - 2021$ MV Srinivasa Murthy Company Secretary & EVP (Legal)