Nirav Commercials Ltd. — AGM Information 2023

Sep 6, 2023

NIRAV COMMERCIALS LIMITED

Corporate Office: B-1, Tulsi Vihar, Dr. A.B.Road, Worli Naka, Mumbai-400018, India Tel.:(91-22) 40457100 Fax: (91-22) 24936888 Email: nirav@associatedgroup.com

CIN: L51900MH1985PLC036668

September 06, 2023

BSE Ltd. Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001.

Company Code No. 512425

Sub.: Summary of Proceeding of 38[th] Annual General Meeting (AGM) held on Wednesday, September 06, 2023 .

As per Regulation 30 of the Listing Regulations enclosed herewith the proceedings of 38[th] Annual General Meeting which was held on 06[th] September, 2023 at 3.30p.m (IST) through Video conferencing (VC)/Other Audio-Visual Means (OAVM) in accordance with the relevant circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India.

This is for your information and record.

Kindly take the above on record.

Thanking you,

Yours faithfully,

For Nirav Commercials Ltd.

AMEY ASHOK BORKAR Digitally signed by AMEY ASHOK BORKAR DN: c=IN, st=Maharashtra, 2.5.4.20=8ad7d640a3702bcc04622455249c0d062d7b643411b3985ff17d952bdf4ee6a6, postalCode=400033, street=Mumbai, pseudonym=80a4cec28c2c6f604672be5d741657ab, serialNumber=df14c8b923306db70a973217f7bbff334c9ef4d94254f0a40a54ad8a237eb3b1, o=Personal, cn=AMEY ASHOK BORKAR Date: 2023.09.06 17:14:38 +05'30'

Amey Borkar Company Secretary & Compliance Officer

Encl.: A/A

Regd. Office : W-50 MIDC Industrial Area, Taloja – 410 208, Dist. Raigad (Maharashtra) Tel.: (91-22) 2494 9538

NIRAV COMMERCIALS LIMITED

Corporate Office: B-1, Tulsi Vihar, Dr. A.B. Road, Worli Naka, Mumbai-400018, India Tel.:(91-22) 40457100 Fax: (91-22) 24936888 Email: nirav@associatedgroup.com

CIN: L51900MH1985PLC036668

Summary of proceeding of the 38[th] Annual General Meeting of Nirav Commercials Limited

A. Date, time and venue of the Meeting

The 38[th] Annual General Meeting (AGM) of the Members of Nirav Commercials Limited (the Company) was held on Wednesday, September 06, 2023 at 3.30 P.M. through Video Conferencing (“VC”).

B. Proceeding in brief:

Shri Lalit Kumar Daga Chairman/Director of the Company presided over the Meeting. The Chairman confirmed that the requisite quorum was present and declared the meeting in order and read the chairman speech for the members present.

Mr. Amey Borkar, Company Secretary & Compliance officer of the Company informed the members that the facility for E- voting had also been provided during the course of the AGM and requested the Members who were present at the AGM through VC and not casted their votes by remote e-voting to cast their votes by E-voting during the course of the Meeting.

The following Agenda items of business as set out in the Notice convening the 38[th] Annual General Meeting were commended for members’ consideration and approval:

ORDINARY BUSINESSES:

1. To consider & adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023, together with the Reports of the Board of Directors and Auditors thereon;

2. Re-appointment of Shri Lalit Kumar Daga (DIN-00089905) as a Director of the Company, retiring by rotation.

SPECIAL BUSINESSES:

1. Change of Registered Office of the Company.

The Chairman also informed the members that Shri Arun Dash, Practising Company Secretary was appointed as the scrutiniser to scrutinise the voting through electronic means (i.e., remote e-voting and voting at the meeting by using electronic system).

The Chairman informed the members that the results of the Remote E-voting and E-voting during the course of AGM of the Company would be disseminated and declared within 48 hours from the date of this AGM.

The meeting concluded at 3.45pm with vote of thanks.

For Nirav Commercials Ltd.

AMEY ASHOK BORKAR Digitally signed by AMEY ASHOK BORKAR DN: c=IN, st=Maharashtra, 2.5.4.20=8ad7d640a3702bcc04622455249c0d062d7b643411b3985ff17d952bdf4ee6a6, postalCode=400033, street=Mumbai, pseudonym=80a4cec28c2c6f604672be5d741657ab, serialNumber=df14c8b923306db70a973217f7bbff334c9ef4d94254f0a40a54ad8a237eb3b1, o=Personal, cn=AMEY ASHOK BORKAR Date: 2023.09.06 17:15:06 +05'30'

Amey Borkar Company Secretary & Compliance Officer

Regd. Office : W-50 MIDC Industrial Area, Taloja – 410 208, Dist. Raigad (Maharashtra) Tel.: (91-22) 2494 9538