Rajshree Polypack Limited — AGM Information 2024

Aug 29, 2024

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Date:- August 29, 2024

To, Listing Department National Stock Exchange of India Limited, Exchange Plaza, Plot No. C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Symbol:- RPPL | Series: EQ

Subject: Summary of proceedings of the 13[th] Annual General Meeting (“AGM”) of the Company held on August 29, 2024

Dear Sir/Madam,

In terms of General Circular No. 09/2023 dated 25[th] September, 2023 issued by the Ministry of Corporate Affairs, Government of India (“ MCA ”) and Circular No. SEBI/HO/CFD/CFD-PoD2/P/CIR/2023/167 dated 07[th] October, 2023 issued by SEBI and other applicable circulars issued by MCA / SEBI (collectively referred to as “ MCA and SEBI Circulars ”) and in compliance with other applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI Listing Regulations ”), the 13[th] AGM of the Company was held on Thursday, August 29, 2024 at 04.00 p.m. (IST) through Video Conference (“ VC ”) / Other Audio Visual Means (“ OAVM ”) to transact the business as stated in the AGM Notice dated August 6, 2024.

Pursuant to provisions of Regulation 30 of Listing Regulations, please find enclosed herewith a summary of the proceedings / outcome of the 13[th] AGM of the Company. This is for your information and records.

Kindly take the same on record.

FOR RAJSHREE POLYPACK LIMITED

MAHIPAL Digitally signed by MAHIPAL SINGH SINGH CHOUHAN Date: 2024.08.29 CHOUHAN 18:39:33 +05'30' Mahipal Singh Chouhan Company Secretary & Compliance Officer M. No: A41460

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Place: Thane Encl: As Above

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Summary of Proceedings / Outcome of the 13[th] Annual General Meeting (“AGM”) of Rajshree Polypack Limited (“Company”) held on Thursday, August 29, 2024

The 13[th] Annual General Meeting (“ AGM / “Meeting” ) of the members of Rajshree Polypack Limited (“ Company ”) was held at 04.00 p.m. on Thursday, August 29, 2024 through Video Conferencing (“ VC ”) / Other Audio Visual Means (“ OAVM ”) facility provided on Zoom platform by National Depository Services Limited (“ NSDL ”), in compliance with various circulars issued by the Ministry of Corporate Affairs (“ MCA ”), Government of India and the Securities and Exchange Board of India (“ SEBI” ).

Mr. Ramswaroop Radheshyam Thard, Chairman & Managing Director, chaired the Meeting. The Chairman welcomed the members to the AGM and as the requisite quorum was present, he called the Meeting to order.

The Chairman introduced the Directors who were present at the AGM and stated the location from where they were participating. Mr. Shyamratan Singrodia, representing M/s. Singrodia & Co. LLP, Statutory Auditors; Ms. Divya Sarraf, representing M/s. Nishant Bajaj & Associates, Secretarial Auditor of the Company and Scrutinizer for the AGM also attended the Meeting.

Since there was no physical attendance of members and in compliance with the circulars issued by the MCA and SEBI, members were informed that the requirement of appointing proxies was not applicable. He also mentioned that in compliance with the Companies Act, 2013, documents and other statutory registers are available for inspection and members seeking to inspect such documents can send email to the Company Secretary and on mutually acceptable time, such documents can be inspected by the shareholders.

The Chairman addressed the members and apprised them about the working of the Company and general economic conditions.

The Chairman informed the members that the Notice convening the 13[th] AGM was taken as read as the same had already been circulated to the members. As there were no qualifications in the Audit Report, it was also taken as read.

In accordance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Secretarial Standards on General Meetings (SS-2), the members were informed that the remote e-voting facility was made available to them along with the e-voting facility at the AGM (for those who did not cast their vote through remote e-voting).

The remote e-voting had commenced at 9.00 a.m. on Monday, August 26, 2024 and ended at 5.00 p.m. on Wednesday, August 28, 2024.The members were briefed about the procedure of e-voting during the AGM. Mr. Nishant Bajaj, representing M/s. Nishant Bajaj & Associates, Practicing Company Secretaries (Membership No. A28341 / CP No. 21538), was the Scrutinizer to ensure that the voting process is conducted in a fair and transparent manner.

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After that, the Company Secretary took the members through the resolutions proposed for approval. The Chairman informed the shareholders that the Company have received any registrations from the 2 shareholders i.e Mr. D.K. Bhagwat and Mr. Anil Parekh as speakers.

The Chairman thereafter thanked the members for their continued support and for taking out time for attending and participating in the AGM. The e-voting facility was kept open for the next 15 minutes to enable those members who had not cast their votes earlier, to cast their vote. He concluded the AGM by informing the members that the combined result of remote e-voting and e- voting done at the AGM will be displayed on the website of the Company and on the website of the National Stock Exchange of India Limited, as per the stipulated timelines.

Method of voting on the Resolutions (Remote e-voting and e-voting at the AGM)

In terms of the Notice dated August 6, 2024 convening the 13[th] AGM of the Company, the following businesses were transacted at the Meeting:

Sr. No	Resolution	Resolution Type
1.	Adoption of Audited Standalone and Consolidated financial statements for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors’ thereon	Ordinary Resolution
2.	Appointment of Director in place of Mr. Naresh Radheshyam Thard (DIN: 03581790) who retires by rotation and being eligible, offers himself for re-appointment	Ordinary Resolution
3.	Appointment of M/s. Singrodia & Co. LLP, Chartered Accountants (Firm Registration No. W100280) as Statutory Auditors of the Company in place of the retiring auditors M/S. MSKA & Associates, Chartered Accountants (Firm Registration No. 105047W) for a term of five consecutive years from the conclusion of this Annual General Meeting	Ordinary Resolution
4.	Ratification of Remuneration to Cost Auditor M/s. V.J. Talati & Co, Cost Accountants, Mumbai(Firm Registration No. R00213)	Ordinary Resolution
5.	Grant of approval for payment of Professional fees amounting to ₹ 1,00,000/- per month to Mr. Praveen Bhatia (DIN: 00147498), Independent Director, for providing professional services for financial year 2024-25	Special Resolution
6.	Sub-Division/Split of Equity Shares from the Face Value of Rs. 10/- per share to Rs. 5/-per share EquityShares of the Company	Ordinary Resolution
7.	Alteration of the Capital Clause in the Memorandum of Association consequent upon sub-division/Split of EquityShares	Ordinary Resolution

The AGM concluded at 4.37 p.m. (including 15 minutes of e-voting)

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