Pan Electronics India Ltd. — Declaration of Voting Results & Voting Rights Announcements 2021

Jan 1, 2021

Vivek Bhat Company Secretary No. 371/5, 9[th] Main, 50 Feet Road Hanumantha Nagar, Bangalore – 560019 Cell:9449566039. E-mail- vbhatcs@gmail.com

FORM No. MGT-13

SCRUTINIZER’S REPORT

(Pursuant to Section 108, 109 of the Companies Act, 2013 and Rule 20, 21 of the Companies (Management and Administration) Rules, 2014 and regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To The Chairman 37[th] Annual General Meeting of PAN ELECTRONICS (INDIA) LIMITED Wednesday 30[th] December 2020 at 3.30 P.M

Re: Report on e-voting and voting by Poll conducted at 37[th ] Annual General Meeting of the equity shareholders of PAN ELECTRONICS (INDIA) LIMITED, held on 30[th] December 2020 at 3.30 P.M. through Video Conferencing / other audio visual means.

I, Vivek Bhat, Practicing Company Secretary (CP-8426) having office at #371/5, 9[th] Main, 50 Feet Road, Hanumantha Nagar, Bangalore 560019, have been appointed as Scrutinizer by the Board of Directors of M/S PAN ELECTRONICS (INDIA) LIMITED for the purpose of scrutinize the E-Voting process and also voting through electronic system at the AGM and for ascertaining the requisite majority on E-_Voting and also voting through electronic system at the AGM for the resolutions proposed to be passed at the AGM of the shareholders of the Company.

1. The E-voting period commenced on 27[th] December, 2020 at 9.00 A.M. to 29[th] December, 2020 at 5.00 P.M.

2. After the conclusion of the Annual General Meeting, the, the votes cast through remote e-voting were unblocked at 10.50 A.M on 1[st] January 2021 in the presence of two witnesses..

3. As per the information given by the Company /RTA the names of the shareholders who had voted by remote e-voting through the facility provided had been blocked and only those members who were present at the AGM through VC and who had not voted on remote e-voting were allowed to cast their votes.

4. Based on the data provided by Integrated Registry Management Services Private Limited, the total votes cast in favour or against for all the resolutions proposed in the notice of the AGM are as under:

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ORDINARY RESOLUTION:

Resolution No 1: To Receive, Consider and Adopt the Audited Financial Statements as at 31[st] March, 2020 and reports of the Board of Directors, Corporate Governance and Auditors Report thereon:

No of votes	Votes through remote- Evoting	Votes through offline	Voted in favour of resolution	Voted against resolution	% of shares
1	2826827	NIL	2826827	NIL	100

Resolution No 2: Considering resignation of Mr. Abhishek Prakash Talreja (DIN: 05007867), whole time Director of the Company:

No of votes	Votes through remote- Evoting	Votes through offline	Voted in favour of resolution	Voted against resolution	% of shares
1	2826827	NIL	2826827	NIL	100

Resolution No 3: To appoint Mr. Nilesh Rathnakar Deshpande (DIN: 01998076) as a Non-Executive and Non-Independent Director of the Company:

No of votes	Votes through remote- Evoting	Votes through offline	Voted in favour of resolution	Voted against resolution	% of shares
1	2826827	NIL	2826827	NIL	100

Thanking You,

Yours Faithfully,

Vivek Digitally signed by Vivek Bhat Bhat Date: 2021.01.01 16:00:14 +05'30' Vivek Bhat Company Secretary FCS: 7708 CP No: 8426 Date: 01/01/2021 Place: Bangalore UDIN: F007708B001820211

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