OLECTRA GREENTECH LIMITED — AGM Information 2019

Sep 9, 2019

September 09,2019

To The BSE Ltd National Stock Exchange of India Limited

Dear Sirs,

Sub: Summary of the proceedings of the 19th Annual General Meeting of the Shareholders.

Ref:	Name of the Entity	Olectra Greentech Limited
	Scrip Code on BSE	532439
	Scrip ID on NSE	OLECTRA

Pursuant to Regulation 30 read with Para A of Part A of schedule I11 of SEBI (Listing Obligations and Disclosure Requirements] Regulations, 2015, please find the enclosed summary of the proceedings of 19" Annual General Meeting (AGM) of the Company held on today i.e., September 09, 2019 at 3.30 P.M. Plot No.1 & 9, Phase 11, IDA, Cherlapally, Hyderabad 500051, Telangana, India.

Kindly take it in your records.

Thanking You

Yours faithfully For Olectra ntech Limited

P. Hanuman Prasad ~.~~~~b~~'

SUMMARY OF THE PROCEEDINGS OF THE 19THANNUAL GENERAL MEETING (AGM) OF OLECTRA GREENTECH LIMITED (FORMERLY, GOLDSTONE INFRATECH LIMITED)

The 19"Annual General Meeting (AGM) of the Company was held on today i.e., 09" day of September, 2019 at 03.30 P.M. at Plot No.1 & 9, Phase 11, IDA, Cherlapally, Hyderabad 500051, Telangana, India. Mr. P Hanuman Prasad, Company Secretary, welcomed all the Shareholders and Directors present at the 19"AGM of the Company.

With the consent of the Shareholders, Mr.M.Gopalakrishna was elected as the Chairman of the AGM and upon the presence of the requisite Quorum, the meeting was called to order. Mr.M.Gopalakrishna acted as Chairman for all the Items 1 to 9 except Item No.2. Mr.N.K Rawal acted as Chairman for Item No.2.

In pursuance of the relevant provisions of Companies Act, 2013 read with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has provided the E-voting facility to the Shareholders to cast their vote as mentioned in the Notice of the AGM where the E-voting period was kept open from September 06, 2019 (9.00 A.M) to September 08,2019 (5.00 P.M).

On the invitation of the Chairman, some of the Members sought clarifications on the accounts and business, which were replied by the Chairman and other Directors on the dais. The Chairman, thereafter, thanked all the members for their participation at the AGM and for their constructive suggestions and comments.

Mr.Prathap Satla, Practicing Company Secretary acted as the scrutinizer for both the evoting and poll.

Thereafter, the Chairman ordered for a poll to be taken at the meeting by physical ballot for the shareholders who have not exercised their voting right through e-voting process and requested the scrutinizer to scrutinize the poll process and for an orderly conduct of the voting.

The following items of business, as per the Notice convening the 19" AGM of the Company were transacted at the meeting.

Ordinary Business:

1. Adoption of Audited Financial Statements.

Special Business:

• 1. Re-appointment of Mr. Gopalakrishna Muddusetty as an Independent Director.
• 3. Re-appointment of Mr. Boppudi Appa Rao as an Independent Director.
• 1. Regularisation of Mr. Venkateswara Pradeep Karumuru as Director of the Company.
• 1. Ratification of remuneration payable to M/s. EVS &Associates, Cost Auditors.
• 1. Sale, Transfer or Disposal of shares held by the Company in Evey Trans Private Limited, wholly owned subsidiary company.
• 7. Sale, Transfer or Disposal of shares held by the Company in Evey Trans Private Limited, wholly owned subsidiary company to MEIL Holdings Limited.
• 1. Approval for Related Party Transactions.
• 1. Approval for conversion of Loan(s] into Equity.

The Members were informed that the declaration of results along with the Scrutinizer's Report pertaining to this Annual General Meeting will be submitted within 48 hours from the conclusion of the Meeting.

The results will be hosted upon declaration on the website of the Company www.olectra.com

The Meeting concluded at 4:55 P.M. with vote of thanks to the Chairman

Thanking You,

Yours faithfully, For Olectra Greentech Limited

Company Secretary