PVP Ventures Ltd — AGM Information 2022

Sep 30, 2022

September 30, 2022

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To

The BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street Fort, Mumbai – 400001

The National Stock Exchange of India Ltd. Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051

Scrip Code: BSE – 517556;

NSE – PVP

Dear Sir/Madam,

Sub: Summary of Proceedings of 31[st] Annual General Meeting “AGM” held on September 30, 2022

Ref: Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we hereby inform you that the 31[st ] Annual General Meeting of the Company is held on Friday 30, 2022 at 10.00 A.M through Video conferencing (“VC”)/Other Audit Visual Means (“OAVM”) in accordance with the applicable circular(s) issued by the Ministry of Corporate Affairs and the Securities Exchange Board of India to transact the business stated in the notice dated 08[th] September, 2022 for convening the Annual General Meeting.

The summary of proceedings as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is attached for your information and records.

Thanking You, Yours faithfully,

For PVP Ventures Limited

KARTHIKEYAN Digitally signed by KARTHIKEYAN SHANMUGAM SHANMUGAM Date: 2022.09.30 17:35:06 +05'30'

Karthikeyan Shanmugam Compliance Officer

Encl : As above

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SUMMARY OF THE PROCCEDINGS OF THE 31[ST ] ANNUAL GENERAL MEETING

Directors Present

1. Mr. Prasad V. Potluri

2. Mr. Narayanaswamy Sehadri Kumar -

3. Mr. Nandakumar Subburaman

4. Mrs. Poonamallee Jayavelu Bhavani -

5. Mr. Subramanian Parameswaran

Chairman & Managing Director Independent Director Independent Director Non Executive Non Independent Woman Director Non Executive Non Independent Director

By Invitation

1. Mr. Karthikeyan Shanmugam - Chief Financial Officer

2. Mr. Praveen Kumar - GM, finance 3. Mr. Srinivasan K -

3. Mr. Srinivasan K - Partner, Sundaram & Srinivasan Chartered Accountants Statutory Auditors of the Company

4. Mr. Mohit Kumar Goyal - Partner, M/s. D. Hanumanta Raju & Co., Practicing Company Secretaries (Scrutinizer of the meeting)

The 31[st] Annual General Meeting (AGM) of the Members of the Company was held on September 30, 2022 at 10.00 A.M and Concluded at 10.45 A.M (Includes 15 minutes of venue voting provided) through Virtual Conference (Venue is deemed to the registered office of the Company)

Mr. Prasad V. Potluri, Chairman & Managing Director of the Company, Chaired the meeting and welcomed the Members at the 31[st ] AGM of the Company. The Chairman directed the Chief Financial Officer & Designated Compliance Officer to proceed with proceedings of the Meeting. As the requisite quorum being present. The Chief Financial Officer & Designated Compliance Officer welcomed the Members at the 31[ST ] AGM of the Company.

The Notice convening the Annual General Meeting, Directors Report and Audited Financial Statements (Standalone & Consolidated basis) for the financial year ended 31[st] March 2022 and Auditors’ Report & other agenda items was taken as read by the Chief Financial Officer & Designated Compliance Officer.

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The Chief Financial Officer & Designated Compliance Officer stated that, the Company had provided remote e-voting facility to the Members which was commenced from September 26, 2022 at 09:00 A.M to September 29, 2022 at 5:00 P.M and informed that the shareholders who cast their vote through the electronically cannot vote through venue voting provided at the Virtual Meeting.

The Chairman addressed the Shareholders of the company and apprised them of recent developments in the performance, challenges and future prospects of the company. Thereafter, the Chairman invited queries from the members. All queries raised were answered by the Chairman.

With the permission of the Chair the forum was opened to the Shareholders of the Company for 15 minutes to vote on the following resolutions;

ORDINARY BUSINESS

1. To receive, consider and adopt the Audited Financial Statements (including consolidated financial statements) for the financial year ended March 31, 2022 and the Reports of the Board of Directors and the Auditors thereon.

2. Appointment of Mr. Subramanian Parameswaran (DIN: 09138856) liable to retire by rotation.

3. Appointment of M/s PSDY & Associates, Chartered Accountants as the Statutory Auditors of the company.

SPECIAL BUSINESS

1. Approval of continuation of tenure of Mr. N S Kumar (DIN: 00552519) as an independent director for the residual period of his appointment till September 27, 2024.

2. Approve material related party transactions.

3. To approve transactions under Section 185 of the Companies Act, 2013.

4. Change of Object Clause of the Memorandum of Association of the Company.

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The Chairman concluded the meeting with vote of thanks to all the members and Stakeholders.

This is for your records.

Thanking You. Yours Faithfully,

For PVP Ventures Limited

KARTHIKEYAN Digitally signed by KARTHIKEYAN SHANMUGAM SHANMUGAM Date: 2022.09.30 17:35:50 +05'30' Karthikeyan Shanmugam Compliance Officer

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