Pradeep Metals Ltd. — AGM Information 2024

Aug 2, 2024

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02[nd] August, 2024

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Scrip Code: 513532

Sub: Proceedings of the 41[st] Annual General Meeting held on 2[nd] August, 2024

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of the 41[st] Annual General Meeting of the Company held on 2[nd] August, 2024.

We request you to take the above on record.

Thanking you.

For Pradeep Metals Limited

Digitally signed by Abhishek Rajesh Joshi DN: c=IN, o=Personal, title=9213, Abhishek pseudonym=133456392256402986paFgF8n6UNXzU6, 2.5.4.20=e67b13b2083b926119a8a6f5a1413359637f96 b53ee5cf6450a5df6a1f98a545, postalCode=400610, st=Maharashtra, serialNumber=a08884caee89c475592a5b0c3039eadf65 Rajesh Joshi 92c890fd1d4f2141f587613355f269, cn=Abhishek Rajesh Joshi Date: 2024.08.02 18:24:01 +05'30'

Abhishek Joshi Company Secretary & Compliance Officer ACS: 6444

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A. Date, time and venue of the Annual General Meeting (Meeting):

The 41[st] Annual General Meeting (AGM) of the Company was held on Friday, 2[nd] August, 2024 through Video Conferencing (VC)/Other Audio- Visual Means (OAVM).

The Meeting commenced at 03.00 p.m. (IST) and concluded at 03.50 p.m. (IST) (including time allowed for e-voting at AGM).

A total of 59 Members attended the Meeting as per the records of attendance.

B. Proceedings in brief:

• Mr. Pradeep Goyal, Chairman & Managing Director, chaired the Meeting.

• The Company Secretary, Mr. Abhishek Joshi welcomed all the Members at the 41[st] AGM of the Company. The requisite quorum being present, the Chairman called the Meeting to order.

• Thereafter, the Company Secretary informed that pursuant to the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India, the AGM was convened using Video Conferencing/Audio-visual means in compliance with requirements laid down thereunder. The Company had taken all possible steps to ensure that the Members were provided with an opportunity to participate in the AGM through video conferencing facility and vote on the resolutions.

• Mr. Abhishek Joshi informed the Members that the Notice convening the 41[st] AGM and the Annual Report for the financial year ended 31[st ] March, 2024 was circulated electronically to the Members of the Company and was taken as read with the permission of Chairman and Members. The Reports of the Statutory Auditor on the standalone and consolidated financial statements did not contain any qualification or adverse remarks and hence were not required to be read. He then asked the Chairman Mr. Pradeep Goyal to address the Members.

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• Mr. Pradeep Goyal, Chairman and Managing Director, welcomed the Members and then introduced the Directors and panelists present at the Meeting. All the Directors were present at the Annual General Meeting.

• Mr. Pradeep Goyal then apprised the Members on the financial, operational and business performance of the Company in FY 2023-24. After the Chairman’s speech, he requested the Company Secretary to call out the Members who had expressed their desire to speak at AGM. Pre-registered Members were provided with the opportunity to ask questions or express their views through VC / OAVM. The Chairman responded to all the questions of the Members and provided clarifications, wherever necessary.

• The Chairman further mentioned that since the AGM is held through Video Conference and the resolutions mentioned in the Notice convening the AGM have been put to vote only through e-voting, and there will be no proposing and seconding of resolutions and no voting by show of hands. He further mentioned that a voting facility will also be available for those Members who have participated in the Meeting and who did not cast their vote through remote e-voting.

• The following items of business, as set out in the Notice convening the 41[st] AGM were put to vote in the Meeting:

Sr. No.	Ordinary Business	Ordinary / Special Resolution
1.	To consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31stMarch, 2024, together with the Reports of the Board of Directors and Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31stMarch, 2024, together with the Reports of the Auditors thereon.	Ordinary Resolution
2.	To declare Final Dividend on Equity Shares for the Financial Year ended 31stMarch,2024.	Ordinary Resolution
3.	To appoint a Director in place of Mrs. Neeru P. Goyal (DIN: 05017190), who retires by rotation and, being eligible, offers herself for re-appointment.	Ordinary Resolution

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	Special Business
4.	To approve the remuneration of the Cost Auditors for the Financial Year ending31stMarch,2025.	Ordinary Resolution
5.	To approve Payment of Commission to Directors other than ManagingDirector and Directors from Promoter Group.	Ordinary Resolution

• It was informed that:

• ➢ The Company had appointed Ms. Shweta Gokarn, Practicing Company Secretary as the Scrutinizer to scrutinize the remote e-voting and e-voting at AGM in a fair and transparent manner.

• ➢ The e-voting results along with the consolidated Scrutinizer’s Report shall be disseminated to the Stock Exchanges and shall also be placed on the website of the Company and NSDL.

• ➢ The resolutions, as set forth in the Notice, shall be deemed to be passed subject to receipt of requisite number of votes.

• The Meeting then concluded, and the Chairman thanked all the Members for their participation.

We request you to take the above information on records.

For Pradeep Metals Limited

Digitally signed by Abhishek Rajesh Joshi DN: c=IN, o=Personal, title=9213, Abhishek pseudonym=133456392256402986paFgF8n6UNXzU6, 2.5.4.20=e67b13b2083b926119a8a6f5a1413359637f9 6b53ee5cf6450a5df6a1f98a545, postalCode=400610, st=Maharashtra, serialNumber=a08884caee89c475592a5b0c3039eadf6 592c890fd1d4f2141f587613355f269, cn=Abhishek Rajesh Joshi Rajesh Joshi Date: 2024.08.02 18:23:33 +05'30' Abhishek Joshi Company Secretary & Compliance Officer ACS: 64446

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