Prime Urban Development India Ltd — AGM Information 2019

Aug 5, 2019

August 5 2019

To, The BSE Limited, Listing Department, P.}. Towers, Ist Floor, Halal Street, Fort, Mumbai = 400 001 Scrip Code: 521149

Dear Sir(s),

Sub: Proceeding of the 82nd Annual General Meeting of the Company held on August 5, 2019

We enclose, in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a summary of the proceedings of the 82nd Annual General Meeting (AGM) of the Company held on Monday, August 5, 2019 at Door No. 83, 3rd Floor, Plot No.4, Avinashi Main Road, Near Petrol Bunk, Asher Nagar, Tirupur-641 603, Tamil Nadu, India~

Kindly take the same on record.

Thanking You,

Yours faithfully,

For Prime Urban Development

\Ix ~ ,~f c bah Senior Manager-Legal and C

Encl: as above

Registered Office : No.83, 3rd Floor, Plot No.4, Avinashi Main Road, Near Petrol Bunk, Asher Nagar, Tirupur - 641 603. Ph.: (O) 91"421-"4242061/62 Ext 803~ Our Website : www.ptlonline.corn / www.primeurban~in GST No : 33AABCP9571D1ZH PAN NO : AABCP9571D CIN No : L70200 TZ1936 PLC OOt Corporate Office .. 106 Mittal Chambers lOth Floor 228 Nariman Point, Mumbai - 400 Ph.: 022-61645000, GST No : 27AABCP9S71D2Z9 ..

Export Office : B-41 ,Ground Floor, Cotton Exchange Building, Cotton Green RIV Stn, Avenue 3rd Boundary Road, Kalachowky, Mumbai - 400033. Tel. No.+91-22-23787608 / 23787600

pRIME URBAN@ DEVELopMENT INDIA LTD. CA PATODEA GROUp COMpANY)

The 82nd Annual General Meeting (AGM) of the Members of Prime Urban Development India Limited ("the Company") was held on Monday August 5, 2019 at Door No. 83, 3rd Floor, Plot No.4, Avinashi Main Road, Near Petrol Bunk, Asher Nagar,Tirupur.-64l 603, Tamil Nadu, India. The Meeting commenced at 3:00 p.m~

Mr. Purusottamdas Patodia, Chairman and Managing Director of the Company chaired the, proceedings of the Meeting.

The Chairman welcomed all his colleagues on Board and Shareholders of the Company. The requisite quorum being present, the Chairman called the meeting to order. He informed the Members that:

• Mr. Manoj Kumar Patodia, Vice Chairman and Managing Director, Mr. B. L. Singhal, Independent Director and Chairman of the Audit Committee and Nomination & Remuneration Committee, Mr. N. K. Bafna, Independent Director and Chairman of the Stakeholders Relationship Committee, Mr. S. Udayananda, GM (Finance) & CFO and Mr. Krunal Shah, Senior Manager-'Legal & Company Secretary were present at the Meeting.

• Mr. Anuj Patodia, Managing Director and Mrs. Ryna Zaiwalla Karani, Independent Director of the Company could not attend the Meeting in view of their personal exigencies.

• The Authorised Representative of Statutory Auditors and Secretarial Auditors were present at the Meeting

• The Register of Proxies and other Statutory Registers as required to be kept open for inspection under the Companies Act, 2013 were available for inspection by the Members at the entrance of the hall

~~

• The copies of the AGM Notice together with the Annual Report for the Financial Year ended March 31, 2019 had been sent to all the Members and with the permission of the Members took the Notice as read.

• The Auditor's Report on the Financial Statements of the Company for the year coendemmend the3l al9 acesan m~ s, ~agkOrlan aerservae ffe o

• upun \ the functioning of the Company and accordingly with the permission of the Members took the Auditors Report as read. Registered Office : No.83 3rd Floor, Plot No.4, Avinashi Main Road, Near Petrol Bunk, Aher Nagar, Tirupur - 641 603. Ph.: {0) 91-421-4242061/62 Ext 803~~ . Our Website : www. ptlonline.corn / www.primeurban .in .~ GST No : 33AABCP9571D1ZH PAN NO : AABCP9571D CIN No : 170200 TZ1936 PLC 000001

• pRIME URBAN@ DEVELOpMENT INDIA LTD. Corporate Office : 106, Mittal Chambers lOth Floor 228, Nariman Point, Mumbai - 400 021 CA pATODIA GROUp COMpANY) Ph.: 022-61645000, GST No : 27AABCP9571D2Z9 ,. Export Office : B-41 ,Ground Floor, Cotton Exchange Building, Cotton Green RIV Stn, Avenue 3rd Boundary Road, Kalachowky, Mumbai - 400033. Tel. No.+91-22-23787608 / 23787600

The Chairman further informed the Members that in compliance with the 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 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided to its Members, facility to cast their votes by electronic means through Remote e-voting platform of Central Depository Services (India) Limited (CDSL) in respect of all resolutions as set out in the Notice convening the 82nd AGM. The Remote e...voting had commenced at 9.00 A.M (!ST) on August 2, 2019 and ended at 5.00 P.M (IST) on August 4, 2019. Members who.- were present at the AGM and had not cast their vote electronically were provided an opportunity to cast their votes through ballot paper at the end of the Meeting. It was further informed that there would be no voting by show of hands.

The following items of business as set out in the Notice convening the 82nd Annual General Meeting were commended for Members consideration and approval:

ORDINARY BUSINESS:

1. Adoption of Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company for the Financial Year ended March 31, 2019 together with the Reports of the Board of Directors and the Auditors thereon. (Ordinary Res lution)

2. Re-appointment of Mr. Anuj Patodia (DIN: 00026458), as a Director retiring by rotation~ (Ordinary Resolution)

The Chairman then invited members to ask questions and seek clarifications on the Agenda items. Thereafter, he gave reply to the queries and enquiries raised by the Members.

The Chairman further informed the Members that the Board of Directors had appointed Mr. S. Ramanathan, Chartered Accountant, Tirupur as Scrutinizer to scrutinize the Remote e-voting and ballot voting process in a fair and transparent manner and submit Report.

Registered Office : No,83, 3rd Floor, Plot No.4, Avinashi Main Road, Near~ Petrol Bunk Asher Nagar, Tirupur - 641 603, Ph.: (0) 91-421-4242061/62 Ext 803. ~ " / Our Website ; WWW. pt|on|ine.com / www.prlmeurban.in GST No : 3 3AA8CP957IDIZH PAN NO : AABCP9571D CIN No : L70200 TZ1936 PLC 000001 ][:IRIE URBAN@ OFNFI OpMENINDIA LTI ' corporate Office : 106, Mi ttal Chambers lOth Floor 228, Nariman Point> MUmbai - 400 021" CA pATODEA GROUp COMpANY) Ph": 022-61645000, GST No : 27AABCP9571D2Z9 ~

corporate Office : 106, Mi ttal Chambers lOth Floor 228, Nariman Point> MUmbai - 400 021" Ph": 022-61645000, GST No : 27AABCP9571D2Z9 ~ Export Office : B-41 ,Ground Floor, Cotton Exchange Building, Cotton Green RIV Stn, Avenue 3rd Boundary Road, Kalachowky, Mumbai - 400033. Tel. No.+91-22-23787608 / 23787600

~~~

The Chairman thereafter, ordered a poll to be taken at the Meeting on aji "s},!qr)sfet)r e tr out in the Notice convening the 82nd AGM and requested Mr. S. Ramanathan, Scrutinizer for an orderly conduct of the voting~

The Chairman further informed the Members that voting results along with the Consolidated Scrutinizers Report shall be placed on the website of the Company, www.ptlonline.corn and on the website of CDSL engaged for providing e.-voting and will be communicated to the Stock Exchanges where the shares of the Company are fisted within 48 hours of the conclusion of AGM.

The Meeting concluded at 3:50 p.m. after the Members present at the Meeting cast their votes and the Scrutinizer sealed the poll box and took the custody of the same.

The Chairman thanked the Members for attending and participating in the Meeting.

This is for yur information and records.

Thanking You,

Senior Manager-Legal and Company Secretary

RIME URBAN p

Registered Office : No.83, 3rd Floor, Plot No.4, Avinashi Main Road, Near Petrol Bunk,.. Asher Nagar, Tlrupur - 641 603, Ph,: (0) 91-421-4242061/62 Ext 803, Our Website . www.ptlonljne.com / www,primeurban.jn GST No : 33AABCP9571D1ZH PAN NO : AABCP9571D CIN No : 170200 TZ1936 PLC 00 CorPorate Office : 106, Mittal Chambers lOth Floor 228, Nariman Po."J""""n"t,"..MUmbi - 400 Ph.: 022-61645000, GST No : 27AABCP957ID2Z9 ~ Export Office : B-41 ,Ground Floor, Cotton Exchange Buildingv""""Co"t"ton Green RiV Stn, Avenue 3rd Soundary Road, Kalachowky, Mumbai - 400033. Tel. No.+91-22-23787608 / 23787600 ~

)EVELOpMENT INDIA LTD, (A PATODEA GROUp COMpANY)