Netlink Solutions (India) Ltd. — AGM Information 2023

Sep 5, 2023

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September 05, 2023

To,

BSE Limited 25[th] Floor, P.J. Towers, Dalal Street, Fort, Mumbai– 400 001

Subject: Compliance with Regulations 30 of the Securities and Exchange Board of India (Listing Regulations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Proceedings of the 38[th] Annual General Meeting

Dear Sir,

This is to inform you that 38[th] Annual General Meeting (“AGM”) of Netlink Solutions (India) Limited was held on Tuesday, September 05, 2023 at 5.00 p.m. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), deemed venue was 507, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (W), Mumbai- 400053. The meeting was held in compliance with Circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations.

As per the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") read with the aforesaid MCA Circulars the Company had provided the facility of remote E-voting to the shareholders to enable them to cast their vote electronically to the resolutions proposed in the notice of the 38[th] AGM. The E-voting was open from Friday, September 01, 2023 at 9.00 a.m. (IST) to Monday September 04, 2023 at 5.00 p.m. (IST) and e-voting conducted at the AGM.

Pursuant to provisions of Section 107 of the Act, there was no voting on the Resolutions by Show of Hands at the AGM and voting at the AGM was therefore conducted through e-voting.

The Board of Directors had appointed Ms. Bhavyata S Acharya, Partner, M/s. Siroya and BA Associates, Practicing Company Secretaries (Membership No. A25734), having

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office at A-103, Samved Building (Madhukunj), near Ekta Bhoomi Gardens, Rajendra Nagar, Borivali (E), Mumbai – 400 066, as Scrutinizer for E-Voting; Ms. Bhavyata has carried out the scrutiny of all the electronic votes and she will submit her Report within 48 hours of the conclusion of AGM.

In this regard, please find enclosed the proceeding of the 38[th] Annual General Meeting of the Company pursuant to Regulation 30 of the SEBI Listing Regulations.

Kindly take the same on record.

Thanking you, Yours Faithfully,

For Netlink Solutions (India) Limited

Digitally signed by MINESH VASANTLAL MODI DN: c=IN, postalCode=400058, MINESH st=MAHARASHTRA, street=MUMBAI, l=MUMBAI, o=Personal, serialNumber=59c849b5fc318e4f6ad646054a 609e3891538ced7465231907b0763786761c9 1, VASANTL pseudonym=161f9f90d09d4548a22934e7fb215e22, 2.5.4.20=9c872c51e96bc7a2070b1a0e37b723 a2085de361f810bd971d4d59f5bccff3d1, email=MINESH1.MODI@GMAIL.COM, AL MODI cn=MINESH VASANTLAL MODI Date: 2023.09.05 18:32:59 -07'00'

Minesh Modi Chairman and Whole Time Director DIN: 00378378

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Proceeding of the 38[th] Annual General Meeting of the Company pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

The 38[th] Annual General Meeting (“AGM” or “Meeting”) of the Members of Netlink Solutions (India) Limited (“The Company”) was held on Tuesday, September 05, 2023, at 5.00 p.m. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), deemed venue was the registered office of the Company at 507, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (W), Mumbai- 400053. The meeting was held in compliance with Circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations.

The Company Secretary welcomed all the Members present through VC. She informed the members that in view of the circulars issued by the Ministry of Corporate Affairs (“MCA”) and by the Securities and Exchange Board of India providing relaxations to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (collectively “Applicable Circulars”), permitted the holding of the Annual General Meeting (“the Meeting”) through VC / OAVM, without the physical presence of the Members at a common venue. In compliance with the provisions of the Companies Act, 2013 (“Act”), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), MCA Circulars and SEBI Circular, the Meeting of the Company is held through VC and the Company had taken all requisite steps to enable Members to participate and vote on the items being considered in the AGM. She informed the Members about some basic instructions with respect to the participation at the AGM through VC. She further informed the Members about the presence of Directors, Scrutinizer and representative of Statutory Auditors and Secretarial Auditor.

The Company Secretary introduced the Chairman of the Board and requested him to take the Chair.

Mr. Minesh Modi, Chairman cum Whole Time Director, Chaired the Meeting. He welcomed the members present at the Meeting and introduced the Directors and Key Executives of the Company attending the Meeting through VC. The requisite quorum being present, Chairman called the meeting to order. All the Directors including Chairman, Mrs. Rupa Modi, Executive Director and Chief Financial Officer, Mr. Yogesh

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Girnara the Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee & Independent Director , Mr. Rajendra Lokhare, Independent Director and Mr. Premnath Mishra, Independent Director were present through Video Conferencing from their respective locations.

As per the attendance record, 18 Members were present.

The Chairman informed that, there are no qualifications, observations, or adverse comments in the Auditor’s Report on the financial statements and Secretarial Audit Report for the financial year ended March 31, 2023. The notice of the 38[th] AGM, Report of the Board of Directors, Auditors Report and Secretarial Audit Report were taken as read with the permission of the Members present.

He further informed that pursuant to MCA and SEBI Circulars the facility to appoint proxy to attend and cast vote on behalf of the Members is not available.

He further informed the Members that the Company, in accordance with the Companies Act, 2013 & SEBI Listing Regulations, had provided facility to all the Members as on Tuesday, August 29, 2023 ("the Cut-off Date") to exercise their votes on the items of business given in the Notice through remote electronic voting system provided by the National Securities Depository Limited. The remote e-voting period commenced on Friday, September 01, 2023 at 9.00 A.M. (IST) and concluded on Monday, September 04, 2023 at 5.00 P.M. (IST). The Chairman apprised the Members about the availability of e-voting system during the AGM for those present in the AGM and who have not cast their votes through e-voting earlier.

The Chairman preceded towards the agenda items as per the Notice

The following items of business as laid down in the Notice of 38[th] AGM dated September 05, 2023, were transacted at the meeting:

1. To receive, consider and adopt Audited Financial Statements of the Company for the Financial Year ended 31[st] March, 2023 including the Audited Balance Sheet as at 31[st] March, 2023 and the Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.

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1. To appoint a Director in place of Mr. Minesh Modi (00378378) who retires by rotation and being eligible, offers himself for re-appointment.

2. Re-Appointment of Mr. Minesh Modi as a Whole Time Director of the Company.

3. Re-Appointment of Mrs. Rupa Modi as a Whole Time Director designated as an Executive Director & Chief Financial Officer of the Company.

4. Alteration of Object Clause of Memorandum of Association of the Company.

The Chairman invited Members who had registered themselves as speakers to ask questions or express their views. The Chairman informed that 3 requests were received by the Company in that respect.

Among the abovementioned members who had registered as speakers, 1 (One) member named Mr. Praveen Kumar was present at the Annual General Meeting and had expressed his view which were successfully answered and noted by the Chairman. Remaining 2 (two) speaker shareholders who had registered as speakers did not attend the meeting.

The Chairman instructed that the e-voting window shall remain open for another 15 minutes and requested the Members who have not already voted to vote through e voting system before the said time.

It was also informed to the Members that there would be no voting by “show of hands”.

The Board of Directors had appointed Ms. Bhavyata S Acharya of M/s. Siroya and BA Associates, Company Secretaries (Membership No. A25734), as Scrutinizer for E-voting process for the 38[h] AGM.

The e-voting on the resolutions was conducted through e-voting prior to the AGM and e-voting during the AGM.

It was announced that the voting results for the resolutions would be declared within 48 hours of the conclusion of AGM on receipt of the Scrutinizer's report and the Results/ Scrutinizer's report will be placed on the website of the Company, and the same shall also be submitted to the Stock Exchanges in compliance with the provisions of the

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Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Chairman thereafter thanked the Members for attending and participating in the Meeting.

The Results of e-voting prior to the AGM and e-voting during the AGM along with the scrutinizers report shall be disseminated to the stock exchanges separately.

The meeting commenced at 5:00 PM (IST) and concluded at 5:22 PM (IST) post which the E-voting window was opened for next 15 minutes i.e. till 5:37 PM (IST) (including time allowed for e-voting at AGM).

For Netlink Solutions (India) Limited

Digitally signed by MINESH VASANTLAL MODI DN: c=IN, postalCode=400058, MINESH st=MAHARASHTRA, street=MUMBAI, l=MUMBAI, o=Personal, serialNumber=59c849b5fc318e4f6ad646054a6 09e3891538ced7465231907b0763786761c91, VASANTL pseudonym=161f9f90d09d4548a22934e7fb215e22, 2.5.4.20=9c872c51e96bc7a2070b1a0e37b723a 2085de361f810bd971d4d59f5bccff3d1, email=MINESH1.MODI@GMAIL.COM, AL MODI cn=MINESH VASANTLAL MODI Date: 2023.09.05 18:34:02 -07'00'

Minesh Modi Chairman and Whole Time Director DIN: 00378378

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