Prime Securities Ltd. — AGM Information 2019

Sep 27, 2019

September 27, 2019

c&porate Relationship Department v130mbay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001

Capital Markets - Listing National Stock Exchange oflndia Ltd Exchange Plaza, 5th Floor, Plot No. CIl , G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Dear Sir,

Sub: Regulation 30 and Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Re: Stock Code: 500337 (BSE) / PRIMESECU (NSE)

Pursuant to the provisions of Regulation 30 and Para A of Part A of Schedule III of the Securiti es and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Proceedings of 36th Annual General Meeting of the Members of the Company held on Friday, September 27, 2019 at Victoria Memorial School for the Blind, 73 , Tardeo Road, Opp. Film Centre, Mumbai 400034 at 10.00 a.m.

This is for your record and information.

Thanking you,

Prime Securities Limited 1109 / ¹¹¹ 0. Maker Chambers V. Nariman Point, Mumbai 400 021. CIN: L67120MH1982PLC026724 Website: www.pri mesec.com

Proceedings of 36th Annual General Meeting of the Members of Prime Securities Limited held on Friday, September 27, 2019 at 10.00 a.m. at Victoria Memorial School for the Blind, 73, Tardeo Road, Opp. Film Centre, Mumbai 400034

Present:	Mr. Pradip Dubhashi	Chainnan
	Mr. N. Jayakumar	Managing Director and Group CEO
	Mr. Akshay Gupta	Non-Executive and Non-Independent Director
	Ms. Alpana Parida	Independent Director
	Mr. S. R. Sharma	Chief Financial Officer and Director
	Mr. Mehul Mahajan	Representative of the Independent Auditor
	Mr. Jigar Shah	Representative of the Independent
		Auditor of Subsidiaries
	Mr. Nikhil Shah	Head - Accounts & Finance
	Mr. Ajay Shah	Company Secretary

The Chairman informed the Members present the details of Proxy and Representations from Corporate Members. After decl aring that the necessary quorum is present, the Chairman called the Meeting to order.

With the pe1111ission of the Members, the Notice calling the 36th Annual General Meeting and the Auditors' RepOli was taken as read.

The Chairman informed the Members present that the Ballot Form have been circulated to the Members and the Members are requested to fill up and hand over the same to the representatives of the Registrar and Share Transfer Agent at the entrance. The Chainnan informed the Members present that Mr. Pramod S. Shah of Mis. Pramod S. Shah & Associates, Practising Company Secretaries (Membership No. FCS 3804), has been appointed by the Board of Directors as the Scrutiniser to scrutinise the remote e-voting process and Voting by Ballot Form at the Meeting.

Thereafter, the following businesses were transacted and the resolutions for the same, duly proposed and seconded, were put for voting through Ballot Fonn:

• l. Approval of Audited Financial Statements of the Company as at March 31, 2019 and Profit and Loss Account for the Year ended on that date (including Consolidated Financial Results) together with the Reports of the Auditors and Directors thereon;
• 1. Re-appointment of Mr. S. R. Sharma as a Director of the Company, who retired by rotation;
• 1. Appointment of Statutory Auditors and fix their Remuneration;
• 1. Appointment of Ms. Smita Affinwalla as an Independent Director;
• 1. Appointment of Ms. Namrata Kaul as an Independent Director;
• 1. Appointment of Mr. Akshay Gupta as Non-Executive and Non-Independent Director;

Prime Securities Limited ,S;0R1 ¹¹ 09/1110, Maker Chambers V, 0' Nariman Point, Mumbai 400 021. 14115M0'-) CIN: L67120MH1982PLC026724 Tel: +91-22-6184 2525 Website: www.primesec.com Fax: +91-22-2497 0777

1. Revision in Remuneration payable to Mr. N. Jayakumar, Managing Director and Group CEO

The Members present were given the opportunity to ask questions and seek clarifications. The Managing Director and Group CEO responded to the questions raised.

Post the question and answer sessions, the Chailman thanked the Members present and concluded the Meeting and authorised the Company Secretmy to carry out the poll process.

The Chairman infOlmed that the Voting Results along with the Scrutiniser's Report shall be placed on the website of the Company (www.primesec.com) and the same shall also be communicated to the Stock Exchanges, where shares of the Company are listed.

Thanking you,

Aj, Compl1l. ,"¥~E:\' (ACS-14359)