NINtec Systems Limited — AGM Information 2024

Sep 27, 2024

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27[th] September, 2024

To, To, The Listing Department The Listing Department BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G Block 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra(E), Mumbai- 400 001 Mumbai – 400 051.

Ref: Security Code: 539843; Security ID: NINSYS

Sub: Proceedings of the 9[th] Annual General Meeting of Nintec Systems Limited

Dear Sir / Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the 9[th] Annual General Meeting of the Company held today i.e., on 27[th] September, 2024 at 3.00 p.m. through Video Conferencing / Other Audio-Visual Means (VC/OAVM).

You are requested to kindly take the same on record.

Thanking You,

For, Nintec Systems Limited

DISHA Digitally signed by DISHA NANDISH NANDISH SHAH Date: 2024.09.27 SHAH 19:02:38 +05'30'

Ms. Disha Shah Company Secretary & Compliance Officer M. No.: FCS 13084

Encl: As above

NINtec Systems Limited

B-11, Corporate House, Bodakdev, S.G. Highway, Ahmedabad-380054, Gujarat. I Tel: +91 079 40223008, +91 079 26852554 Email: legal@nintecsystems.com I www.nintecsystems.com I CIN: L72900GJ2015PLC084063

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Summary of the Proceedings of the 9[th] Annual General Meeting (“AGM”) of Nintec Systems Limited

Nintec Systems Limited (“the Company”) convened its 9th AGM through Video Conferencing / Other Audio-Visual means on Friday, 27[th] September, 2024 which was commenced at 3.00 pm (IST), in accordance with the applicable provisions of Companies Act, 2013 read with the Rules issued thereunder and the SEBI Listing Regulations.

ATTENDEES PRESENT:

Sr. No.	Name of the Attendees	Designation
Dirctors
1	Mr. NirajGemawat	Chairman,ManagingDirector
2	Mr. Indrajeet Mitra	Non-Executive Director (Chairman of Stakeholders’ RelationshipCommittee)
3	Mrs. Rachana Gemawat	Non-Executive Director
4	Mr. Vishal Shah	Non-Executive & Independent Director (Chairman of Audit Committee and Nomination and Remuneration Committee)
Key Managerial Personnels
5	Mr. Mohit Soni	Chief Financial Officer
6	Ms. Disha Shah	CompanySecretary& Compliance Officer

OTHERS:

1	Representatives from Statutory Auditors
2	Secretarial Auditors and Scrutinizer

Mr. Niraj Gemawat, Managing Director of the Company chaired the proceeding of the meeting.

Ms. Disha Shah, Company Secretary & Compliance Officer, welcomed the Members attending the AGM. She also informed that the meeting was held through VC/OAVM means in compliance with the circulars issued by the Ministry of Corporate Affairs and SEBI. She provided general instructions to the members regarding participation and e-voting at the meeting.

She stated that the e-voting commenced on September 24, 2024 at 9.00 am and ended on September 26, 2024 at 5.00 pm. She also stated that the Statutory Registers and other documents were available for inspection electronically.

The Company Secretary thereafter, informed the members that the representatives of M/s. Samir M Shah & Associates, Statutory Auditors and M/s. Tushar Vora & Associates, Secretarial Auditors of the Company were also present at the Meeting through Video Conferencing.

On requisite quorum being present, the meeting was called in order and the proceedings were commenced.

Mr. Niraj Gemawat, Chairman and Managing Director, thereafter, addressed the members with a brief overview of the Company’s performance and the industry trend during the FY 2023-24.

NINtec Systems Limited B-11, Corporate House, Bodakdev, S.G. Highway, Ahmedabad-380054, Gujarat. I Tel: +91 079 40223008, +91 079 26852554 Email: legal@nintecsystems.com I www.nintecsystems.com I CIN: L72900GJ2015PLC084063

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Mr. Mohit Soni, Chief Financial Officer of the Company delivered his speech on the financial performance of the Company during F.Y. 2023-24.

Thereafter, the notice of 9[th] AGM and the Board’s Report were taken as read. The Chairman informed the members that the Auditors’ Report on the Standalone and consolidated financial statements and the Secretarial Audit Report for the financial year ended March 31, 2024 forming part of the Annual report do not contain any qualification, reservation, adverse remark or disclaimer which have any adverse effect on the Company. Accordingly, the reports were not required to be read out.

Thereafter, Ms. Disha Shah took up the following resolutions as set forth in the Notice convening the AGM:

AGM:
Agenda No.	Description of the Resolutions	**Resolution Type **
Ordinary Businesses
1.	Adoption of the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2024 together with reports of the Board of Directors and Auditors thereon	Ordinary Resolution
2.	Appointment of Mrs. Rachana Gemawat (DIN: 02029832), who retires by rotation and being eligible, has offered herself for re-appointment	Ordinary Resolution
Special Businesses
3.	Revision in remuneration of Mr. Niraj Gemawat, Managing Director of the Company	Special Resolution
4.	Approved existing as well as new material related party transactions with Nintec B. V.	Special Resolution

Ms. Disha Shah informed the members that the NSDL platform for e-voting will remain open for 15 minutes after the conclusion of the meeting. She also announced that M/s. Tushar Vora & Associates, Practicing Company Secretaries represented by Mr. Tushar Vora, has been appointed as the Scrutiniser to scrutinize the voting and remote e-voting process in a fair and transparent manner.

Further, Ms. Disha Shah was authorised to declare the voting results under Regulations 44 of the SEBI Listing Regulations along with the Scrutniser’s Report on remote e-voting and the e-voting at the AGM and communicate the same to the Stock Exchanges within the prescribed timeline and also to upload on the websites of the Company, BSE Limited, National Stock Exchange of India Limited and National Securities Depository Limited once made available to the Company.

The Company Secretary and Compliance Office, on behalf of Chairperson and other officials, thanked the members present for sparing their time to attend the meeting.

The meeting concluded at 3.12pm and e-voting was allowed for 15 minutes thereafter.

NINtec Systems Limited

B-11, Corporate House, Bodakdev, S.G. Highway, Ahmedabad-380054, Gujarat. I Tel: +91 079 40223008, +91 079 26852554 Email: legal@nintecsystems.com I www.nintecsystems.com I CIN: L72900GJ2015PLC084063