Prataap Snacks Limited — AGM Information 2019

Sep 28, 2019

Ref No.: PSL/2019-20/CS/SE/46

Date: 28th September, 2019

To,	To,
Listing Department	Corporate Relationship Department
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza, 5th Floor	P.J. Towers,
Plot No. C/1, G Block	Dalal Street
Bandra Kurla Complex	Mumbai- 400 001
Bandra ( E), Mumbai -400 051
	Security Code: 540724
Symbol: DIAMONDYD	Security ID : DIAMONDYD

Sub.: Proceedings of 10th Annual General Meeting

Dear Sir/Madam,

We would like to inform you that the 10thAnnual General Meeting (AGM) of Members of Prataap Snacks Limited was held on Friday, 27th September, 2019 at 01:30 P.M. at the registered office of the Company at Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore - 452020 (M.P.).

In accordance with the Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the proceedings of 10th Annual General Meeting of the Company is enclosed herewith for your kind information.

This is for your kind information and record.

Thanking you,

Yours faithfully,

For Prataap Snacks Limited

OTICIL4'9

Om Prakash Pandey Company Secretary & Compliance Officer

End: As above

lsrataap Snacks Limited

(Formerly known as Prataap Snacks Pvt. Ltd.)

Office : Khasra No. 378/2, 378/1/4, Nemawar Road, Near Makrand House, Gram : Palda, Dist.: Indore (M.P.) India Phone : ++91-731-2437600, 2437602-10 E-mail : info@yellowdiamond.in

PROCEEDINGS OF 10T11 ANNUAL GENERAL MEETING OF PRATAAP SNACKS LIMITED HELD ON 27T11 SEPTEMBER, 2019

The 10th Annual General Meeting of the Members of the Prataap Snacks Limited (the Company) was held on Friday, 27th September, 2019 at 01.30 P.M. at the Registered Office of the Company at Khasra No. 378/2, Nemawar Road, Near Makrand House, Indore — 452 020 Madhya Pradesh, India.

Mr. Arvind Mehta, Chairman & Executive Director of the Company took the chair and presided over the Meeting as the Chairman. Mr. Amit Kumat, Managing Director & Chief Executive Officer, Mr. Apoorva Kumat, Executive Director (Operations), Mr. Chetan Kumar Mathur, Chairman of Audit Committee and Mr. Haresh Ram Chawla, Chairman of Stakeholders Relationship Committee, Mr. Subhashis Basu, Chief Operating Officer, Mr. Sumit Sharma, Chief Financial Officer and Mr. Om Prakash Pandey, Company Secretary & Compliance Officer were also present in the Meeting.

Ms. Shabnam Shaikh, Chartered Accountant, representing SRBC& CO., LLP, Statutory Auditor and Mr. Ritesh Gupta, Company Secretary, representing Ritesh Gupta & Co., Secretarial Auditor and Scrutinizer were also present.

Thirty six (36) members were present in the Meeting in person and eight (8) members through proxy. Since the Quorum was present, the Chairman briefed the members and proxies present in the Meeting about the business and operations of the Company, its performance and milestone achieved by the Company during the financial year 2018-19, prevailing business condition of packaged food industry and future way forward of the Company.

The Register of Directors and Key Managerial Personnel and their shareholding; Register of Contracts or Agreements in which Directors are interested; Register of Proxies; Audited standalone and consolidated financial statements for the financial year ended 31" March, 2019; Independent Auditors' Reports on the audited standalone and consolidated financial statements of the Company; Secretarial Audit Report; and Draft proposed new set of Articles of Association of the Company were open and accessible during the continuance of the Meeting.

The members were informed that pursuant to provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has extended to its members the facility to exercise their right to vote by electronic means through remote e-voting in respect of the business to be transacted at this Annual General Meeting. The remote evoting began on 23rdSeptember, 2019 at 9.00 a.m. and ended on 26thSeptember, 2019 at 5.00 p.m.

The facility for voting through poll process by distributing ballot/poll paper has been arranged for each items of the business to be transacted at the Meeting for all those members/designated proxies who are present at the Meeting but did not cast their votes by availing the remote e-voting facility. Members, who have already cast their votes through remote e-voting are not entitled to vote again and vote, if any, cast at the Meeting shall be treated as invalid. Mr. Ritesh Gupta, Company Secretary, Proprietor of M/s. Ritesh Gupta & Co., Company Secretaries, has been appointed as Scrutinizer to scrutinize the remote e-voting and ballot voting at the Meeting in a fair and transparent manner

Thereafter, the members were explained in detail the provisions of the applicable law, rational, objective and implication of each items of business and the underlying resolutions to be moved. The members were invited to ask questions, seek clarification and/or otherwise offer their view/comments related to any item of business of the Meeting.

After that, the business of the Meeting for the items of ordinary and special business as per Notice of the 10' Annual General Meeting were taken up. All the five (5) resolutions were moved for consideration and approval of the Members. The resolutions, briefly, related to:

1. Resolution No. 1: As Ordinary Resolution

• (a) Adoption of audited Financial Statements of the Company for the financial year ended 31' March 2019 and the Reports of the Board of Directors and Auditors thereon; and
• (b) Adoption of the audited consolidated Financial Statements of the Company for the financial year ended 31stMarch 2019 and the Report of Auditors thereon.

2. Resolution No. 2: As Ordinary Resolution

Declaration of dividend at the rate of Re. 1.00 (Rupee One only) per equity share of face value of Rs. 5.00 (Rupees Five only) each fully paid-up for the financial year ended 31st March, 2019.

3. Resolution No. 3: As Ordinary Resolution

Re-appointment of Mr. G.V. Ravishankar (DIN 02604007) as Director, who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.

4. Resolution No. 4: As Ordinary Resolution

Re-appointment of Messrs. SRBC& CO LLP, Chartered Accountants (Registration No. 324982E/E300003), as the Auditors of the Company for a term of two (2) consecutive years, to hold office as such from the conclusion of the 10thAnnual General Meeting until the conclusion of the 12th Annual General Meeting of the Company.

Special Business

5. Resolution No. 5: As Special Resolution

Adoption of new set of Articles of Association of the Company in the form specified in Table F in Schedule I of the Companies Act, 2013.

Thereafter, poll process was commenced for all the five (5) resolutions for the ordinary as well as special business as set out at Item No(s). 1, 2, 3, 4, and 5 of the Notice. The Scrutinizer inspected and locked the empty Ballot box in the presence of the Members and proxies. The Members and proxies present in the Meeting, who have not voted through remote e-voting were requested to cast their vote(s) and put the ballot papers in the Ballot box.

After completion of poll process, the members were informed that based on consolidated Scrutinizer's Report the combined results of remote e-voting and voting at the Meeting (poll) will be declared on 28th September, 2019 at the Registered Office of the Company at Khasra No. 378/2, Nemawar Road, Near Makrand House, Indore — 452 020 Madhya Pradesh.

The Meeting concluded at 02:15 P.M. with a vote of thanks by Mr. Amit Kumat, Managing Director & Chief Executive Officer of the Company.

For Prataap Snacks Limited

4

til Om Prakash-P—a—ndey Company Secretary & Compliance Officer