PDS LIMITED — AGM Information 2019

Nov 14, 2019

PDS Multinational Fashions Limited

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PDS/SE/2019-20/32 14[th] November, 2019 The General Manager, The General Manager, Corporate Service Department Listing Department BSE Limited, National Stock Exchange of India Limited P. J Tower, Dalal Street, Fort, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Mumbai-400001 Bandra (E), Mumbai – 400 051

Scrip Code/ID: BSE: 538730;

NSE: PDSMFL

SUB: Proceedings of the Annual General Meeting pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a summary of the proceedings of the 8[th] Annual General Meeting of the Company held on 13[th] November, 2019 at 12:30 P.M at Clarks Exotica, Swiss Town, Hollywood Junction, Sadahalli Post, Devanahalli Road, Bengaluru - 562110, Karnataka, India.

Kindly take the same on record and oblige.

Thanking You,

For PDS Multinational Fashions Limited

B. Chandra Sekhara Reddy Company Secretary & Head-Legal

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Encl. as above

Regd. Office: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, INDIA Tel: +91 80 67653000; Email: info@pdsmultinational.com; Website: www.pdsmultinational.com CIN: L18101KA2011PLC094125

PDS Multinational Fashions Limited

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PROCEEDINGS OF THE 8[TH] ANNUAL GENERAL MEETING OF THE COMPANY HELD ON WEDNESDAY, 13[TH] NOVEMBER, 2019, AT 12:30 PM AT CLARKS EXOTICA, SWISS TOWN, HOLLYWOOD JUNCTION, SADAHALLI POST, DEVANAHALLI ROAD, BENGALURU - 562110, KARNATAKA, INDIA.

Mr. Deepak Seth, Chairman of the Board, chaired the meeting. The Chairman informed that the required quorum was present and called the Meeting in order. The quorum was present throughout the Meeting.

Thereafter, the Chairman delivered his speech. He gave an overview of the performance of the Company for the Financial Year ended 31[st] March, 2019 and its future outlook.

With the consent of the Members present, the Notice of the meeting along with the explanatory statement, Auditors’ Report, the annexure to Auditors’ Report and the Secretarial Audit Report were taken as read.

The Chairman informed the Members that in compliance with the provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Company has provided the remote e-voting facility to the Members of the Company in respect of the resolutions contained in the Notice convening 8[th] Annual General Meeting and Members present at the 8[th] Annual General Meeting who did not cast their vote through e-voting can cast their vote through poll.

The Chairman further informed the members that Mr. R. Hariprasad Reddy, proprietor of RHR & Associates, a Practicing Company Secretary has been appointed as the scrutinizer for e-voting and the poll at this meeting and to report on the combined voting results of e-voting and the poll for each of the items as per the Notice of the 8[th] Annual General Meeting. He further informed the Members that, the consolidated results of e-voting and ballot voting will be announced within 48 hours and also be intimated to Stock Exchanges and posted on the website of the Company at www.pdsmultinational.com.

The following items of business as per the Notice of AGM were transacted and approved:

Sl. No.	Item No./Description	Nature of Resolution
**1. **	To receive, consider and adopt the Audited Standalone Financial	Ordinary Resolution
	Statements of the Company prepared as per Indian Accounting Standard
	("Ind-AS") for the financial year ended 31stMarch, 2019 the Report of the
	Auditors thereon and the Report of the Board of Directors.
**2. **	To receive, consider and adopt the Audited Consolidated Financial	Ordinary Resolution
	Statements of the Company prepared as per Indian Accounting Standard
	("Ind-AS") for the financial year ended 31stMarch, 2019 the Report of the
	Auditors thereon.
**3. **	To appoint a Director in place of Mr. Pallak Seth (DIN: 00003040), who	Ordinary Resolution
	retires by rotation and being eligible, offers himself for re-appointment.

Regd. Office: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, INDIA Tel: +91 80 67653000; Email: info@pdsmultinational.com; Website: www.pdsmultinational.com CIN: L18101KA2011PLC094125

PDS Multinational Fashions Limited

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4. To consider and appoint M/s Walker Chandiok & Co LLP, Chartered Ordinary Resolution Accountants (Firm registration No.: 001076N/N500013), New Delhi, as Statutory Auditors of the Company and to fix their remuneration for that purpose.

The AGM concluded with a vote of thanks to the Chair.

Thanking you,

For PDS Multinational Fashions Limited

B. Chandra Sekhara Reddy Company Secretary & Head-Legal

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Regd. Office: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, INDIA Tel: +91 80 67653000; Email: info@pdsmultinational.com; Website: www.pdsmultinational.com CIN: L18101KA2011PLC094125