Oswal Agro Mills Ltd. — AGM Information 2021

Sep 24, 2021

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ABHEY
OSWAL
G R O U P
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Oswal Agro Mills Limited

OAML/ND/2021

September 24, 2021

Electronic Filing

Department of Corporate Services/ Listing BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 Email id: corp.relations@bseindia.com Scrip Code No.: 500317

National Stock Exchange of India Ltd. "Exchange Plaza" Bandra-Kurla Complex, Bandra (E), Mumbai-400 051 Email id: cmlist@nse.co.in Scrip Code: OSWALAGRO

Dear Sir/ Madam,

Sub: Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('SEBI Listing Regulations')

Ref: 41st Annual General Meeting of Oswal Agro Mills Limited held on Friday, September 24, 2021

This is to inform you that the 41st Annual General Meeting (AGM) of Oswal Agro Mills Limited was held on Friday, September 24, 2021 at 12:30 P.M. 1ST through Video Conferencing (VC).

As per the requirements of the Companies Act, 2013 and the Securities & Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Company had provided remote e-voting facility at the AGM to its shareholders for voting on the business to be transacted at the AGM of the Company.

In this regard please find enclosed the summary proceedings as required under regulation 30, part A , of Schedule Ill of the SEBI Listing Regulations as Annexure A.

This is for your information and records.

Thanking you,

Yours faithfully, For Oswal Agro Mills Limited al � Company Secretary & Compliance Officer \L)���

Encl: A/a

7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi- I I 0 00 I T: +91-1 1-2371 S242, 23322980, 237S36S2, 2371 S22S E: oswal@oswalagromills.com W:www.oswalagromills.com

Regd. Off.: Near Jain Colony, Vijay lnder Nagar, Daba Road, Ludhiana - 141 00JIT: +91- 161-2544238 jCIN: LI 53 I 9PB 1979PLC0l 2267

ABHEY OSWAL -···-·-

Oswal Agro Mills Limited CIN:L15319PB1979PLC012267

Annexure A

Summary of proceedings of 41[st ] Annual General Meeting ("AGM") of Oswal Agro Mills Limited held on Friday, September 24, 2021

Dear Sir(s),

The 41st AGM of the Members of Oswal Agro Mills Limited ("the Company") was held on Friday, September 24, 2021 at 12:30 P.M. 1ST through video conferencing ("VC"), in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India from time to time.

All the requirements and procedures to be followed pursuant to the circular(s) issued by the Ministry of Corporate Affairs and SEBI towards the conduct of Annual General Meeting through video conference has been observed and followed.

At the outset, Mr. Gopal, Company Secretary & Compliance Officer of the Company, welcomed all the Members of the Company at the 41[st ] Annual General Meeting and introduced the Directors, KMPs and Invitees who joined the meeting through Video Conferencing.

Thereafter, the Chairperson, Dr. Aruna Oswal took the Chair at 41st Annual General Meeting and welcomed all at AGM. The requisite quorum being present, the Chairperson called the meeting to order.

The Chairperson addressed the Members and shared the business performance of the Company during the financial year 2020-21.

The following businesses as set out in the Notice of 41st AGM dated August 25, 2021 were put up at the AGM and the same have been passed with requisite majority.

S. No.		Particulars	Type of Resolution
Ordinary Business
1.		Adoption of the audited standalone and consolidatedIND AS financial statements of the Company for the financial year ended on March 31, 2021, reports of Board of Directors and Auditors thereon.	Ordinary
2.		To appoint a Director in place of Dr. Aruna Oswal (DIN: 00988524), as a director who retires byrotation.	Ordinary*
Special Business 3. Appointment of Mr.Pulkit Gupta(DIN: 07026809)as aNon- Ordinary* executive Independent Director of the Company.
3.
4.		Appointment of Mr. Dhiraj Gupta(DIN: 09240964)as aNon- Ordinary* executive Director of the Company.
5.		Approval of material relatedpartytransaction.	Ordinary

• Pursuant to the BSE Circular with reference no. LIST/COMP/14/2018-19 dated June 20, 2018 and the circular issued by the National Stock Exchange of India Limited with reference no. NSE/CML/2018/24 dated June 20, 2018, Dr. Aruna Oswal, Mr. Pulkit Gupta and Mr. Dhiraj Gupta are not debarred from holding the office of Director by v;ctoe of SEBI o,dec o, any othec soch Aotho

�[� ] ��

ABHEY OSWAL (, 1� l) l I P

Oswal Agro Mills Limited CIN: L15319PB1979PLC012267

Pursuant to the prov1s1ons of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended and applicable provisions of SEBI Listing Regulations, all the shareholders of the Company were given the opportunity to exercise their right to vote on the resolutions set out in the Notice of the AGM through remote e-voting during the period commencing from Tuesday, September 21, 2021 (09:00 A.M.) to Thursday, September 23, 2021 (05:00 P.M.). A facility of voting through electronic means was also provided during the Meeting to such shareholders who had joined the meeting through VC to enable them vote, in case they could not cast their vote during remote e-voting period. The said facility was made available to the shareholders till 15 minutes from the conclusion of the Meeting.

The notice of the 41st Annual General Meeting and the Annual Report, containing Audited Financial Statements for the year ended March 31, 2021 and Board's and Auditor's Reports, as circulated through email, was taken as read. The Chairperson asked Mr. Gopal, Company Secretary to read the arrangements made for the Members at the 41 st Annual General Meeting.

Thereafter, the Company Secretary read and informed the shareholders about all the arrangements made for remote e-voting process and voting through e-voting at the AGM. It was informed that Mr. Paramnoor Singh, Chartered Accountant was appointed as Scrutinizer to scrutinize the remote e-voting process & voting through e-voting at the AGM.

The Company Secretary read out the norms that all the participants should follow during the question & answer session and thereafter, the question and answer session was commenced.

The queries raised by the Shareholders at the AGM were suitably answered/ clarified by the Chairperson/ KMP. Further, certain specific queries of Shareholders would be addressed through e-mail.

The 41[st ] Annual General Meeting of the Company was concluded at 01:01 P.M. and thereafter voting was kept open for further 15 minutes.

This is for your information and records.

Notes:

• (i) The Company will separately intimate the voting results (remote e-voting and voting at the meeting through electronic system) to the stock exchanges.

• (ii) This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company.

Thanking You

Yours faithfully,

For Oswal Agro Mill-5 Limited \J[�?� \��]

al � Company Secretary & Compliance Officer