Pix Transmissions Ltd. — AGM Information 2021

Aug 19, 2021

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Date : 19/08/2021

The Secretary BSE Ltd Phiroze jeejeebhoy Towers Dalal Street Mumbai-400001

Dear Sir/Madam

Subject : Proceedings of the 39[th] Annual General Meeting of Pix Transmissions Ltd held on 18[th] August 2021 Scrip Code : 500333

We are pleased to submit the proceedings of the 39[th ] Annual General Meeting of the company in compliance with the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirement) Regulations, 2015.

At the Annual General Meeting held on Wednesday the 18[th] of August 2021, at 09:30 AM at J-7, MIDC , Hingna Road Nagpur-440016 , 33 members were present in person and No proxies were received by the company.

Mr. Amarpal Sethi , Chairman of the meeting presided over and conducted the proceedings of the meeting after ascertaining the requisite quorum was present.

Chairman informed that ,in view of the difficulties faced by companies in sending Notices and Annual Reports through postal or courier services, on account of the threat posed by Covid-19 pandemic, the Ministry of Corporate Affairs (“MCA) and Securities and Exchange Board of India(SEBI) vide their relevant circulars has relaxed this requirement for listed entities who conduct their Annual General Meeting(AGM) during the calendar year 2021. Hence the notices of Annual General Meeting were sent by company only through electronic mode to those shareholders who have provided their email addresses to the company .

He also informed that the original set of accounts and reports are available for inspection.

Chairman then informed the shareholders that the pursuant to section 145 of the Companies Act 2013, the Auditors Report is not required to be read at the meeting if there is no qualification in the report.

The Chairman also informed the shareholders about the facility of remote e-voting provided by the company to all the members and that there will be no show of hands at the meeting pursuant to provisions of Companies Act 2013 and rules made thereunder and the SEBI( listing Obligations and Disclosure Requirement) Regulations , 2015.

The following items of Businesses were transacted at the meeting :

ORDINARY BUSINESS

1. To receive, consider and adopt the Audited Statement of Profit and Loss for the Year ended 31st March, 2021 and the Balance Sheet as on that date together with the Reports of Directors and Auditors thereon.

2. To declare a Dividend on Equity Shares for the Financial Year ended 31st March, 2021.

3. To appoint a Director in place of Mr. Rishipal Sethi (DIN: 00129304), who retires by rotation and being eligible offers himself for re-appointment.

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1. To appoint a Director in place of Ms. Shirley Paul (DIN: 06918198), who retires by rotation and being eligible offers herself for re-appointment.

2. To appoint a Director in place of Mr. Karanpal Sethi (DIN: 01711384), who retires by rotation and being eligible offers himself for re-appointment.

SPECIAL BUSINESS

1. Re-appointment of Mr. Amarpal Sethi (DIN 00129462) as an Executive Director.

2. Re-appointment of Mr. Sukhpal Sethi (DIN 00129235) as an Executive Director.

3. Re-appointment of Mr. Sonepal Sethi (DIN 00129276) as an Executive Director.

4. Re-appointment of Mr. Joe Paul (DIN 00129522) as an Executive Director.

5. Re-appointment of Mr. Karanpal Sethi (DIN 01711384) as an Executive Director.

6. Revision in remuneration of Mr. Rishipal Sethi (DIN 00129304).

7. Revision in remuneration of Ms. Shirley Paul ( DIN 06918198)

8. Retirement Bonus to Executive Directors.

9. To ratify remuneration of Cost Auditor for the Financial Year 2021-22.

The aforesaid items were put to vote by poll and the chairman requested those who have not exercised the remote-e-voting facility to exercise their vote .

The Chairman informed the members that the poll scrutinizer will submit the consolidated results of the Poll and remote e-voting and the same will be published on the website of the company and stock exchange will be intimated within 3(Three) working days from the conclusion of the AGM.

The Chairman thanked the members for their active participation and concluded the meeting.

Request you to take the same on record.

Thanking You

Yours truly, FOR PIX TRANSMISSIONS LTD SHYBU VARGHESE Company Secretary

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