Oricon Enterprises Ltd. — AGM Information 2020

Sep 23, 2020

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Date: September 23, 2020

BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers Bandra Kurla Complex Dalal Street 5[th] Floor, Exchange Plaza Mumbai – 400001 Bandra (East), Mumbai – 400051

Dear Sir,

Sub: Proceedings of 50[th] Annual General Meeting of the Company held on Wednesday, September 23, 2020.

Ref: BSE: Scrip Code: 513121, NSE: ORICONENT

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, this is to inform you that the 50[th] Annual General Meeting (AGM) of the Company was held on Wednesday, September 23, 2020 at 03:00 P.M through Video Conferencing/ Other Audio Visual Means. The Proceedings of the meetings are enclosed as Annexure – I.

Kindly take the above information on your records.

Thanking You

Yours faithfully,

For Oricon Enterprises Limited

Digitally signed by SANJAY JAIN DN: c=IN, o=Personal, title=7741, SANJAY pseudonym=83363ad3757d8f9093fda4f53591d654985aff9302ac06bd556ebb38adcd0a2d, postalCode=400053, st=Maharashtra, serialNumber=d01e8b73f225108186f3e7992 3a3b855f0daab3ba3f0c0cf68711d926a49fd3 JAIN 2, cn=SANJAY JAIN Date: 2020.09.23 17:12:35 +05'30' Sanjay Jain Company Secretary

Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156

ANNEXURE - I

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PROCEEDINGS OF THE 50[TH] ANNUAL GENERAL MEETING OF ORICON ENTERPRISES LIMITED

A. Date, time and venue of the Annual General Meeting:

The 50[th] Annual General Meeting of the Company was held on Wednesday, 23[rd] September, 2020 through Video Conferencing/ Other Audio Visual Means. The meeting commenced at 03:00 P.M. and concluded at 03:18 P.M.

B. In attendance:

Mr. Susheel Somani	Chairman, joined the meeting through VC, in the meeting room from Mumbai
Mr. Rajendra Somani	Managing Director, joined the meeting through VC, from Mumbai
Mr. Adarsh Somani	Jt. Managing Director, joined the meeting through VC, in the meetingroom from Mumbai
Mr. B.K. Toshniwal	Executive Director, joined the meeting through VC in the meetingroom , from Mumbai
Mr. Varun Somani	Director,joined the meetingthrough VC, from Mumbai
Mrs. Sujata Parekh Kumar	Director,joined the meetingthrough VC, from Mumbai
Mr. K G Gupta	Independent Director & Chairman of Audit Committee and Authorized Representative of Nomination and Remuneration Committee,joined the meetingthrough VC, from Nashik
Mr. N Ganga Ram	Independent Director & Chairman of Stakeholder Relationship Committee,joined the meetingthrough VC, from Mumbai
Mrs. Mamta Biyani	Independent Director, joined the meeting through VC, from Mumbai
Mr. B M Gaggar	Chief Financial Officer, joined the meeting through VC, from Mumbai
Mr. Sanjay Jain	Company Secretary and Compliance Officer, joined the meetingthrough VC, in the meetingroom from Mumbai
Mr. Shreyans Jain	Partner of S G N & Co., Statutory Auditors, joined the meeting through VC, from Mumbai
Ms. Nirali Mehta	Scrutinizer and Secretarial Auditor, joined the meeting through VC, from Mumbai

Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156

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C. Proceedings in brief:

Mr. Sanjay Jain, Company Secretary, welcomed all the members and participants to the 50[th] Annual General Meeting of the Company. He further informed that the meeting was held through VC/OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Mr. Sanjay Jain, Company Secretary, informed the members that the register of Directors and Key Managerial Personnel and their shareholding and other statutory documents which are required to be made available for inspection at the AGM, were available electronically for inspection by the members at during the AGM.

The requisite quorum being present, the Company Secretary handed over the proceedings of the meeting to Mr. Susheel G. Somani, Chairman.

The Chairman welcomed the members at the 50[th] Annual General Meeting of the Company.

The Chairman confirmed that the requisite quorum is present at the AGM and called the meeting to order.

Thereafter, the Chairman proceeded with his address to the Members. The Notice of the 50[th] AGM was taken as read with the permission of the Members present. The Chairman further informed that the Audit Report and Secretarial Audit Report for the Financial Year 2019-20 have no qualifications, observations or adverse remarks and the same were taken as read with the permission of the Members.

The Chairman further informed the Members that the Company has provided facility of remote e-voting to all the members to cast their votes electronically, on all resolutions set forth in the Notice of AGM. Members who have not casted their votes through remote e- voting can cast their vote during the course of the meeting through the e-voting facility provided on NSDL e-voting website and cast their vote and at the same time watch the proceedings of the meeting. The Combined results of remote e-voting and the e-voting done at the meeting today will be announced and displayed on the website of the Company, NSDL and Stock exchange(s) within 48 hours of conclusion of AGM.

Thereafter, the chairman delivered his speech.

The Chairman authorized Company Secretary to receive Scrutinizer’s Report and communicate the results of voting to the Stock Exchange(s).

The Chairman then requested Mr. B.K. Toshniwal to answer the questions received from the Members. Thereafter, Mr. B.K. Toshniwal answered the questions.

Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156

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There being no other business Mr. Susheel G Somani concluded the meeting and thanked all the Shareholders and Directors for their valuable support, suggestions and comments and for attending the Virtual Annual General Meeting.

Mr. Susheel G. Somani also announced that the e-voting module shall be open for 15 minutes after the conclusion of meeting.

The meeting ended with Vote of Thanks to the Chair.

88 Members were present at the meeting.

Notes:

1. The Company will separately intimate the results of e-voting to the stock exchange(s).

2. This document does not constitute minutes of the proceedings the AGM.

3. The Company shall submit the Scrutinizer’s Report on or before 25[th] September, 2020 to the stock exchange(s)

We request you to kindly take the same on your records.

Thanking you, Yours faithfully, For Oricon Enterprises Limited

Digitally signed by SANJAY JAIN DN: c=IN, o=Personal, title=7741, SANJAY pseudonym=83363ad3757d8f9093fda4f53591d654985aff9302ac06bd556ebb38adc d0a2d, postalCode=400053, st=Maharashtra, serialNumber=d01e8b73f225108186f3e79 923a3b855f0daab3ba3f0c0cf68711d926a JAIN 49fd32, cn=SANJAY JAIN Date: 2020.09.23 17:12:56 +05'30'

Sanjay Jain Company Secretary

Place : Mumbai

Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156