Ortel Communications Limited — AGM Information 2021

Sep 28, 2021

Ortel Communications Ltd.

www.ortelcom.com

Bringing Convergence to India

Corporate. office : C-1, Chandrasekharpur Behind R.M.R.C., Near BDA Colony BBSR- 751016, Odisha, India Ph.: (0674) 3983200 Fax: (0674) 2303448 email - nodal@ortelgroup.com CIN: L74899DL1995PLC069353

28 September 2021

To.

The Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G. Bandra Kurla Complex Bandra (E), Mumbai-400051 Scrip code-ORTEL

The Deputy General Manager (Corporate Services) BSE Limited Floor 25, Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai- 400001, Scrip code-539015

Dear Sir/Madam;

Subject: Proceedings of Annual General Meeting Pursuant to Regulation 30, Part-A of Schedule-III of the SEBI (LODR) Regulations, 2015.

The Annual General Meeting (AGM) of Ortel Communications Ltd (the Company) was held today on Tuesday, 28th September, 2021 at 11:00 A.M. (Since the requisite quorum was not present, the Chairman order for extension of another 15 minutes to present the guorum and the requisite guorum has been present and the meeting has been started) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). In this regard, please find enclosed the proceedings of the AGM of the Company as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015 ("Listing Regulations") as Annexure-1.

The proceedings of the AGM are made available on the Company's website at www.ortelcom.com.

This is for your information and record.

Thanking You, For Ortel Communications Ltd. (Under CIRP)

$312-$

Bidu Bhusan Dash Company Secretary & Compliance Officer

Issued with the approval of Mr.Srigopal Choudhary ("RP"), Registration No.IBBI/IPA-001/IP-P01238/2018-2019/11893.

(Ortel Communications Limited is under Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016. Its affairs, business and assets are being managed by the Resolution Professional, Mr. Srigopal Choudhary, appointed by the National Company Law Tribunal by order dated 01^st February, 2019 under the provisions of the Code)

winds

Enclo.: As above

Ortel Communications Ltd.

Communications

www.ortelcom.com

Bringing Convergence to India

Corporate. office : C-1, Chandrasekharpur Behind R.M.R.C., Near BDA Colony BBSR- 751016, Odisha, India Ph.: (0674) 3983200 Fax: (0674) 2303448 email - nodal@ortelgroup.com CIN: L74899DL1995PLC069353

Annexure-1

SUMMARY OF PROCEEDINGS OF 26TH ANNUAL GENERAL MEETING OF ORTEL COMMUNICATIONS LIMITED (UNDER CIRP) HELD ON TUESDAY, 28TH SEPTEMBER, 2021.

The 26th Annual General Meeting (AGM) of the members of Ortel Communications Ltd ("the Company") was held on Tuesday, 28th September, 2021 at 11:00 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

As the powers of the Board of Directors of the Company was suspended due to the Corporate Insolvency Resolution Process ("CIRP"), the Resolution Professional act as the chairman of the meeting and presided over the meeting.

Company Secretary of the Company welcomed all the members to the 26^th Annual General Meeting of the Company and also introduced the dignitaries who were present through the Video Conferencing (VC) / Other Audio Visual Means (OAVM).

As confirmed by the Company Secretary of the Company that the requisite quorum being present, the Chairman called the meeting to order. Mr. Rajesh Jalan, Statutory Auditor, Mr. Santanu Das, Statutory Auditor and Ms. Pratima Agarwal, Scrutinizer were present in the meeting. The Chairman delivered his speech and shared the financial performance and present status of the Company to the members present in the meeting. He informed that the Company had provided remote e-voting facilities to the members on all resolutions set forth in the Notice and opportunities of instapoll voting to those members to cast votes at the end of the meeting who were present at the AGM and had not casted their votes electronically.

With the consent of the members present, the Notice convening the meeting, the Auditors'Report, were taken as read. Company Secretary confirmed that, there are some disclaimer of opinion is given in the reports of Statutory Auditors which are self-explanatory.

The following items of business (Ordinary & Special), as per the Notice of AGM dated June 30, 2021, were transacted at the meeting:

• Item No.1-To receive, consider and adopt the Audited Financial Statements including the Consolidated Financial Statement of the Company for the financial year ended March 31, 2021 including the audited Balance Sheet as at March 31, 2021, together with the Reports of the Auditors' and Directors' thereon.
• Item No.2-To appoint Director in place of Mrs. Jagi Mangat Panda, Managing Director (DIN-00304690), who retires by rotation and, being eligible, offers herself for re-appointment.

Item No.3-To ratify remuneration of Cost Auditors of the Company.

The Resolution Professional had appointed Ms. Pratima Agarwal, Practicing Company Secretary, M/s Pratima Aganwal & Associates, as the Scrutinizer to supervise both remote e-voting and Instapoll voting process. As confirmed by the Scrutinizer there was no voting through Instapoli has been done at the venue of the meeting by the shareholders present in person.

Branch

Ortel Communications Ltd.

www.ortelcom.com

Bringing Convergence to India

Corporate. office : C-1, Chandrasekharpur Behind R.M.R.C., Near BDA Colony BBSR- 751016, Odisha, India Ph.: (0674) 3983200 Fax: (0674) 2303448 email - nodal@ortelgroup.com CIN: L74899DL1995PLC069353

The Chairman then announced that the voting results along with the consolidated scrutinisers report shall be informed to the Stock Exchanges and also placed on the website of the company and at the registered office of the Company once received from the scrutiniser.

The meeting concluded at 11:45AM

Post the conclusion of the meeting, the scrutiniser of the meeting confirmed that scrutiniser report and the results of voting shall be declared latest by 30.09.2021.

For Ortel Communications Ltd. (Under CIRP)

Bidu Bhusan Dash Company Secretary & Compliance Officer

Issued with the approval of Mr. Srigopal Choudhary ("RP"), Registration No.IBBI/IPA-001/IP-P01238/2018-2019/11893.

(Ortel Communications Limited is under Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016. Its affairs, business and assets are being managed by the Resolution Professional, Mr. Srigopal Choudhary, appointed by the National Company Law Tribunal by order dated 01^st February, 2019 under the provisions of the Code)