Paramount Cosmetics (India) Ltd — AGM Information 2023

Sep 29, 2023

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The Department of Corporate Services Bombay Stock Exchange Limited 1st Floor, P.J. Towers, Dalal Street, Mumbai - 400001

September 29, 2023

Dear Sir/Madam,

Sub: Proceedings of 38[th] Annual General Meeting of the Company held on 29[th] September 2023 at 11.00 AM.

Ref: Scrip ID: PARMCOS-B; Scrip Code: 507970

Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that members of Paramount Cosmetics (India) Limited in their duly called and convened 38[th] Annual General Meeting held on Friday, 29[th] September, 2023 at 11:00 AM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The Meeting was held in compliance with Ministry of Corporate Affairs (“MCA”) General Circular (“GC”) Nos. 14/2020, 17/2020, 20/2020, 02/2021, 02/2022, 10/2022 and 11/2022, (collectively referred to as “MCA Circulars”) and Circular numbers SEBI/HO/CFD/CMD1/CIR/P/2020/79, CMD2/CIR/P/2022/62 and SEBI/HO/CFD/PoD-2/P/CIR/2023/4 issued by Securities and Exchange Board of India (SEBI) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder. The Meeting started at 11.00 AM and ended at 11.15 AM.

Brief Proceedings of AGM as per Regulation 30 read with Schedule III, Para A, Part A, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Annexure 1.

560001 Tel: 080-25320870 / 71 / 25327357Email : compliance.officer@parammount.com / website : www.parammount.com

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PARAMOUNT COSMETICS (INDIA) LIMITED CIN: L24240GJ1985PLC008282 Regd. Office: Plot No. 165/B-15 & 16, 2[nd] Phase G.I.D.C, Vapi, District Valsad, Gujarat - 396195 Corp. office: 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore -

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Kindly note that voting results will be announced upon the receipt of Scrutinizer’s Report and will be submitted as per Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please take the documents on record and kindly treat this as compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Thanking You.

For Paramount Cosmetics (India) Limited

RESHMA Digitally signed by RESHMA MANJUNAT MANJUNATH Date: 2023.09.29 H 21:31:09 +05'30'

Reshma M Compliance Officer & Company Secretary Membership No: A33180

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PARAMOUNT COSMETICS (INDIA) LIMITED CIN: L24240GJ1985PLC008282 Regd. Office: Plot No. 165/B-15 & 16, 2[nd] Phase G.I.D.C, Vapi, District Valsad, Gujarat - 396195 Corp. office: 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore -

560001 Tel: 080-25320870 / 71 / 25327357Email : compliance.officer@parammount.com / website : www.parammount.com

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ANNEXURE – 1

SUMMARY OF PROCEEDINGS OF THE 37[TH] ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF PARAMOUNT COSMETICS (INDIA) LIMITED.

1. Date, Time and Venue of the Meeting:

The 38[th] Annual General Meeting (AGM) of the members of Paramount Cosmetics (India) Limited was held on Friday, 29th September, 2023 at 11:00 AM IST through VC/OVAM.

2. Brief details of items transacted at the Meeting:

The requisite quorum being present, the Chairman, Mr. Hiitesh Topiiwaalla called the meeting to order and delivered his speech. Further he authorised Mrs. Reshma M, Company Secretary and Compliance Officer of the Company for updating the members on the development of the Company.

The Company Secretary continued with the proceedings of the Meeting. With the consent of the shareholders, the Notice convening the Meeting was taken as read. The requisite quorum as per the Companies Act 2013 was present throughout the Meeting. Company Secretary addressed the Members and provided operational highlights of the Company for the Financial Year 2022-23. Thereafter, Company Secretary put forth the items as set out in the Notice to be transacted in the meeting. The shareholders who had registered in advance with the Company were then invited to ask questions or express their views. None of the registered shareholders attended the meeting and other shareholders who joined did not raise any Queries. It was informed that the facility to cast votes through remote e-voting was made available to the Members and e-voting through CDSL portal was provided during the AGM to those members who did not cast their votes through remote e-voting.

560001 Tel: 080-25320870 / 71 / 25327357Email : compliance.officer@parammount.com / website : www.parammount.com

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PARAMOUNT COSMETICS (INDIA) LIMITED CIN: L24240GJ1985PLC008282 Regd. Office: Plot No. 165/B-15 & 16, 2[nd] Phase G.I.D.C, Vapi, District Valsad, Gujarat - 396195 Corp. office: 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore -

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Following items of businesses as set out in Notice convening 38th Annual General Meeting were commended for member’s consideration and approval:

Ordinary Business:

1. To receive, consider and adopt the Audited Balance Sheet of the Company as at 31[st] March, 2023 and Profit & Loss Account for the year ended on that date together with the report of the Board of Directors and Auditors thereon.

2. To appoint a director in place of Mr. Hiitesh Topiiwaalla (DIN – 01603345), who retires by rotating and being eligible, offers himself for re-appointment.

Chairman informed the Members that the Voting Results, along with Scrutinizer's Report, would be filed with BSE and would be placed on the Company's website and also on the website of CDSL. The meeting commenced at 11:00 A.M. and concluded by 11:15 A.M.

Thanking You.

For Paramount Cosmetics (India) Limited

RESHMA Digitally signed by RESHMA MANJUNA MANJUNATH Date: 2023.09.29 TH 21:31:39 +05'30'

Reshma M

Compliance Officer & Company Secretary Membership No: A33180

560001 Tel: 080-25320870 / 71 / 25327357Email : compliance.officer@parammount.com / website : www.parammount.com

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PARAMOUNT COSMETICS (INDIA) LIMITED CIN: L24240GJ1985PLC008282 Regd. Office: Plot No. 165/B-15 & 16, 2[nd] Phase G.I.D.C, Vapi, District Valsad, Gujarat - 396195 Corp. office: 902-904, 9th Floor, Prestige Meridian-1, 29 M.G. Road, Bangalore -