Poddar Pigments Ltd. — AGM Information 2019

Sep 21, 2019

Ref: PPL/JPR/SECT/2019-20

BSE Ltd., Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, Fort, MUMBAI - 400 001

National Stock Exchange of India Ltd.,

Date: 21.09.2019

Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), MUMBAI - 400 051

Company Code: 524570

Company Symbol: PODDARMENT

Sub: Proceeding of the Annual General Meeting (28th AGM) held on 21st September, 2019.

PIGMENTS LTD.

Dear Sirs,

Pursuant to the provisions of Regulation 30 read with Schedule III Para A of Part A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, Please find enclosed summary of the proceedings 28th Annual General Meeting of Poddar Pigments Limited held on 21st September, 2019 at Crowne Plaza, Sitapura Industrial Area, Tonk Road, Jaipur- 302022.

We hope you will find the above in order.

Thanking you,

Yours faithfully For/RODDAR PIGMENTS LIMITED

$\left(\text{Navin }\mathbf{\hat{Y}}\right)$ Sr. GM(Legal) & Company Secretary

Encl: a/a

Poddar Pigments Ltd. Regd. Office & Works: E-10-11 & F-14 to 16 RIICO Industrial Area, Sitapura Jaipur - 302 022 Rajasthan, India. Tel.: +91-141-2770202/03/287/291 $Fax: +91-141-2771922$ Email: jaipur@poddarpigmentsltd.com CIN - L24117RJ1991PLC006307 GSTIN: 08AAACP1125E1ZZ

Summary of proceedings of the 28th Annual General Meeting of the members of Poddar Pigments Ltd held on 21st September, 2019 at Crowne Plaza, Sitapura Industrial Area, Tonk Road, Jaipur-302022 on Saturday, the 21st September, 2019 at 10.30 a.m.

PIGMENTS LT

The 28th Annual General Meeting of the Company was held on Saturday, the 21st September, 2019 at 10.30 a. m. at Crowne Plaza, Sitapura Industrial Area, Tonk Road, Jaipur- 302022.

Mr. Gauray Goenka, Joint Managing Director chaired the meeting. The requisite quorum being present, the Chairman called the meeting to order. He further informed the shareholders that the statutory records were kept open for inspection.

With consent of the Members present, the notice of the Meeting was taken as read. The Auditors report was noted and not contain any qualification, reservation or adverse remark. The Chairman informed the Member that in accordance with the provisions of Section 108 of Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rule, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Company provided remote e-voting facility to its members to cast their votes electronically on all the resolutions proposed to be considered at the 28th AGM which commenced from Wednesday, 18th September, 2019 (9.00 A.M.) and ended on Friday, $20^{th}$ September, 2019 (5.00 P.M.). Members, who had not cast their votes through e-voting, ballot forms, were provided to them at the venue of the AGM for voting.

Ordinary Business:

• 1. To consider and adopt the Audited Financial Statement for the year ended 31st March, 2019 and the Balance Sheet as at that date and the Directors' and Auditors Report thereon.
• 1. To declare Final Dividend on Equity Shares for the financial year ended March 31, 2019.
• 1. To appoint a Director in place of Shri R. K. Sureka (DIN: 00058043), Director & CEO, who retires by rotation and being eligible, offers himself for re-appointment.

Special Business:

• 1. To ratification of remuneration to Cost Auditor.
• 1. To approval for appointment of Joint Managing Director for a period of three years.
• 1. To approval for revision in remuneration and re-appointment of Managing Director for a period of five years.

Poddar Pigments Ltd. Regd. Office & Works : E-10-11 & F-14 to 16 RIICO Industrial Area, Sitapura Jaipur - 302 022 Rajasthan, India. Tel.: +91-141-2770202/03/287/291 Fax: +91-141-2771922 Email: jaipur@poddarpigmentsltd.com CIN - L24117RJ1991PLC006307 GSTIN: 08AAACP1125E1ZZ

1. To approval for Managerial Remuneration in excess of the limits specified in Section 197 of the Companies Act, 2013.

PIG MENTS LTD.

• 1. To approval appointment of Smt. Lalitha Kumaramangalam (DIN: 08259526) as an independent Director for period of five year.
• 1. To approval re-appointment of Shri M. K. Sonthalia (DIN: 00021297) as an independent Director for further period of five year (second term).
• 1. To approval re-appointment of Shri. N. Gopalaswamy (DIN: 00017659) as an independent Director for further period of five year (second term).

Members, who had not cast their votes through e-voting, cast their votes through ballots.

W,

The Chairman then informed that the results of voting would be declared within 48 hours on receipt of Scrutinizer's report. The results will be placed on the website of the Company as also on the website of CDSL. Then the meeting was declared terminated with a vote of thanks to the Chair at 11.30 A.M.

For Poddar Pigments Limited ł. (Navin Xin) Sr. GM(Legal) & Company Secretary

Poddar Pigments Ltd. Regd. Office & Works: E-10-11 & F-14 to 16 RIICO Industrial Area, Sitapura Jaipur - 302 022 Rajasthan, India. Tel.: +91-141-2770202/03/287/291 Fax: +91-141-2771922 Email: jaipur@poddarpigmentsltd.com CIN - L24117RJ1991PLC006307 GSTIN: 08AAACP1125E1ZZ