Orient Bell Limited — AGM Information 2020

Aug 13, 2020

BSE Limited National Stock Exchange of India Ltd. Corporate Relation Department Exchange Plaza, Ist Floor, New Trading Ring Plot No. C/1, G Block, Rotunga BuildingPhiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street, Bandra (E) Mumbai - 400 001 Mumbai-400 051

OBL:HO:SEC:00: New Delhi : 13.08.2020

Stock Code - 530365 Stock Code: ORIENTBELL

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Dear Sir/Madam,

Subject: Summary of Proceedings of 43" Annual General Meeting held on 13" August, 2020.

Pursuant to Regulation 30 read with Sub-para 13 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Summary of Proceedings of 43" Annual General Meeting of the Company held on 13" August, 2020.

'orientbell

You are requested to kindly take note of the same and acknowledge.

Thanking you.

Yours faithfully, for Orient Bell Limited \yrre Yogesh Mendiratta ; Company Secretary & HeatLega

Encl: As above

Orient Bell Limited

CORPORATE OFFICE: Iris House, 16 Business Centre, Nangal Raya, New Delhi - 110 046, India. Tel. +91 114711 9100

REGD. OFFICE : 8 Industrial Area, Sikandrabad - 203 205 (U.P.) India. Tel.: +91 5735 222 203 / 222 / 424, +91 81910 04575 / 76, Fax: #915735 222 642

E-mail:customercare@orientbell.com, Website: www.orientbell.com

CIN: L14101UP1977PLC021546

Summary of proceedings of 43"! Annual General Meeting of the Company held on Thursday, the 13" August, 2020 at 11:00 a.m. through Video Conferencing(VC)/ Other Audio Visual Means (OAVM) deemed to be held at its Registered Office at 8, Industrial Area, Sikandrabad- 203 205, Dist Bulandshahr, Uttar Pradesh.

Mr. Yogesh Mendiratta, Company Secretary welcomed all the Members present at the 43" Annual General Meeting of the Company held through VC/ OAVM and informed that Mr. Mahendra K. Daga, Chairman of the Board has submitted his Leave of Absence through email stating his inability to attend the AGM due to some unavoidable circumstances.

The Company Secretary called the names of the Directors present at the meeting viz., Mr. Madhur Daga, Mr. P.M. Mathai, Mr. K.M. Pai, Mr. Sameer Kamboj and Ms. Tanuja Joshi. The Directors introduced themselves. After introduction, Mr. K.M. Pai proposed and Mr. P.M. Mathai seconded the name of Mr. Madhur Daga to chair the meeting. With the Consent of all the Directors present at the meeting, Mr. Madhur Daga was appointed as Chairman of the Meeting.

The Company Secretary briefed important instructions to the members relevant for participating the meeting.

The Chairman took up from here and welcomed the shareholders present at the 43™ Annual General Meeting. After ascertaining the quorum, he called the meeting to order. He informed that apart from the Directors, the key executives of the Company including Mr. Aditya Gupta, CEO, Mr. Himanshu Jindal, CFO and Mr. Yogesh Mendiratta, Company Secretary joined the meeting. He further informed that the representatives of Statutory Auditors and Secretarial Auditors are also present at the meeting.

Thereafter with the concurrence of the members, the Notice convening the 43" Annual General Meeting and Annual Report for FY 2019-20 were taken as read. The Chairman informed the Members that as there were no qualification, reservation, adverse remarks or disclaimer reported by the Statutory Auditors and Secretarial Auditors of the Company in their respective Reports, the same are not required to be read out as provided under the Companies Act, 2013.

The Chairman then delivered his formal speech to the shareholders of the Company. He briefed about the performance of the Company and Industry outlook, Business operations and future prospects.

The Company Secretary informed the Members that the Company has provided to its Members the facility to cast their votes through the remote e-voting system administered by NSDL as per the provisions of Companies Act, 2013 read with Rules framed thereunder and SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. Further, in terms of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Members attending the AGM who have not casted their votes by Remote E-voting are also provided with the option to cast their vote through E-voting during the AGM on all the Resolutions as set out in the Notice of AGM.

He also informed that Ms. Ashu Gupta, Practising Company Secretary has been appointed as the Scrutinizer for the purpose of carrying out the remote e-voting and the e-voting process:during AGM ina 8 pall f fair and transparent manner. lf SESS za Ve "Cle

Orient Bell Limited * C

CORPORATE OFFICE: Iris House, 16 Business Centre, Nangal Raya, New Delhi - 110 040Mndi +91 11.4711 9100 REGD. OFFICE : 8 Industrial Area, Sikandrabad - 203 205 (U.P.) India. Tel.: +91 5735 222 203 / 222 / 424, +91 81910 04575 / 76, Fax: +91 5735 222 642 E-mail:customercare@orientbell.com, Website: www.orientbell.com nN

CIN: L14101UP1977PLC021546

He further informed that since the AGM is being held through Video Conference/ OAVM, and the resolutions mentioned in the notice convening this AGM have been already put to vote through remote evoting, there will be no proposing and seconding of resolutions.

The Chairman proceeded further with the meeting and called the names of Shareholders who had registered themselves as Speaker Shareholders to ask question and/or express their views/ comments. The Chairman invited five shareholders who have registered themselves as Speaker Shareholders. All the five shareholders presented their questions/comments.

A few questions were received in the chat box which were similar to the questions asked by the Speaker Shareholders. While most of the questions were answered by the Chairman during his speech, the Chairman replied to the comments/ Questions asked by the shareholders. He stated that due to paucity of time, questions which were not answered during the meeting, the same will be replied individually in due course. He informed that the Members who had not casted their vote through Remote e-voting may cast their vote as the e-voting platform will remain open for next 15 minutes and thereafter the meeting will stand concluded.

The Chairman thanked all the shareholders and Directors for joining the Meeting.

The Members were informed that the Results would be declared after considering Scrutinizer's Report on Remote e-voting and e-voting by the Members present in the AGM. It was also informed that the Results would be announced on or before 15th August, 2020 and will be submitted to the Stock Exchanges (NSE and BSE) and shall also be placed on the website of the Company and of NSDL.

With the consent of shareholders, the Chairman and the Board Members left the meeting and the e-voting continued for next 15 minutes.

After the expiry of 15 minutes, the meeting concluded.

Company Secretary &-Heed-Legal M.No. A-13615

Orient Bell Limited

CORPORATE OFFICE: Iris House, 16 Business Centre, Nangal Raya, New Delhi - 110 046, India. Tel.: +91 11 4711 9100 REGD. OFFICE : 8 Industrial Area, Sikandrabad — 203 205 (U.P.) India. Tel.: +91 5735 222 203 / 222 / 424, +91 81910 04575 / 76, Fax: +91 5735 222 642 E-mail:customercare@orientbell.com, Website: www.orientbell.com

CIN: L14101UP1977PLC021546