PTL Enterprises Ltd — AGM Information 2021

Jul 16, 2021

PTL ENTERPRISES LIMITED

Website: www.ptlenterprise.com I E.mail: investors@ptlenterprise.com I CIN - L25111 KL 1959PLC009300

July 16, 2021

Dear Sir/ Madam,

Sub: Proceedings of 60th Annual General Meeting

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that 60th Annual General Meeting (AGM) was held on July 15, 2021, at 3:00 PM, 1ST through Video Conferencing (VC). The proceedings of the meeting commenced at 3 :00 PM, 1ST. The Meeting was held in compliance with the Ministry of Corporate Affairs Circulars dated May 5., 2020, April 8, 2020, April 13, 2020, and January 13, 2021, SEBI Circulars dated May 12, 2020, January 15, 2021 and other applicable provisions.

Mr. Onkar Kanwar, chaired the meeting and as the requisite quorum being present, called the meeting to order. The Registers as required under the Companies Act, 2013 were available for inspection. Since there was no physical attendance of Members and in compliance with the Circulars issued by MCA and SEBI, the requirement of appointing proxies was not applicable, except for the authorized representatives of corporate shareholders. The Chairman of the meeting introduced the Board of Directors, Company Secretary, CFO of the Company and the representatives of the Statutory Auditors and Secretarial Auditors and Scrutinizer attended the meeting through VC. l

Corporate Office: C/o Apollo Tyres Limited, Apollo House, 7, Institutional Area, Sector -32, Gurgaon -122001 ( Haryana) Tel.: (0124) - 2383002, 2383003, Fax: (0124) - 2383021, 2383017

Registered Office : 3rd Floor, Areekal Mansion, Near Manorama Junction, Panampilly Nagar, Kochi - 682036 Tel.: (0484) - 4012046, 4012047, (Fax): (0484) - 4012048

The Chairman addressed the Members and delivered his speech. The Chairman informed the Members that Notice along with the Board's Report and Auditors' Report have already been sent to the Members and were taken as read.

With the consent of the Members, the Notice of the Meeting was taken as read. The Members were informed that the Statutory Auditors' Report and Secretarial Audit Report did not have any qualifications.

The Chairman explained the objectives and implications of each item of the Notice and informed the Members that all item Nos. 1 to 3 of the Notice have been voted by the Members through remote e-Voting from July 12 to July 14, 2021. The Members present at the meeting, who had not done remote e-Voting, were allowed to cast their votes using e-Voting platform of NSDL.

Members who had registered themselves as speakers were invited to express their views. Chairman and Mr. Harish Bahadur, Non-Executive Director of the Company responded to the various queries raised by the Members. The Members were informed that the Company had already responded to the queries submitted in advance.

The following items of Business as set out in the Notice convening the 60th AGM were considered and voted by the Members:

• 1. To receive, consider and adopt the audited financial statements of the Company for the year ended March 31, 2021 and reports of the Board of Directors and of the Auditors thereon.
• 1. To confirm the payment of interim dividend already paid during the year and to declare the Final Dividend, over and above the interim dividend, for the Financial Year 2020-21.
• 1. To appoint Mr. Neeraj Kanwar (DIN- 00058951), who retires by rotation and being eligible, offers himself for re-appointment as a Director.

The Board of Directors had appointed Mr. Manoj Sharma partner of M/s RSMV & Co., Practicing Company Secretaries as the Scrutinizer to supervise the e-Voting process. The Chairman of the meeting authorized the Company

Secretary to declare the results of voting within the stipulated time.

You are requested to kindly take the same on record.

Thanking you Yours Faithfully,

For PTL ENTERPRISES LIMITED (\ r= ?\ ?e? company Secretary (F4971) B-39, Vi:(:1.lpAp;JtS. Plot No. 92, 1.P. Extn., oe:?i-110GS2