Ramgopal Polytex Ltd — AGM Information 2020

Sep 30, 2020

RAMGOPAL POLYTEX LIMITED

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Corporate Office: 701, Tulsinai Chambers, Free Press Journal Marg, Nariman Point, Mumbai – 400021 Tel: +91-22-61396800, 22834838, Fax: +91-22-22851085

Website: www.ramgopalpolytex.com / E-mail: rplcompliance@ramgopalpolytex.com CIN: L17110MH1981PLC024145

Date: September 30, 2020

Date:September 30, 2020
√BSE Limited. P. J. Tower, Dalal Street, Mumbai - 400001 SCRIP CODE: 514223	The Calcutta Stock Exchange Association Ltd. 7, Lyons Range, Murgighata, Dalhousie, Calcutta - 700001 SCRIP CODE: 10028131

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sub: Summary of the Proceedings of the Thirty-Ninth (39th) Annual General Meeting (AGM) of the Company

Dear Sir/Madam,

In terms of the General Circular No. 20/ 2020 dated May 5, 2020 read with General Circular No. 14/ 2020 dated April 8, 2020 and General Circular No. 17/2020 dated April 13, 2020 issued by the Ministry of Corporate Affairs (together referred to as MCA Circulars) and the SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020 (referred to as SEBI Circular) and in compliance with other applicable provisions of the Companies Act, 2013 ('Act') and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), the 39th AGM of the Company was held on Wednesday, September 30, 2020 at 1:00 P.M. IST through video conferencing (‘VC’) / other audio visual means (‘OAVM’) to transact the business as stated in the AGM Notice dated September 02, 2020 ('Notice'). All the items of business contained in the Notice were transacted and passed by the Members with requisite majority.

In this regard, please find enclosed the Summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule III of the Listing Regulations, as amended – Annexure - A

This is for your information and records.

Thanking You,

Yours Faithfully, For Ramgopal Polytex Limited Manorama Ashok Yadav Digitally signed by Manorama Ashok Yadav DN: c=IN, o=Personal, cn=Manorama Ashok Yadav, serialNumber=f2df173f66663f3de233c231f11df5614d2942a8a5b9b4a2b6c40d85a13a287e, postalCode=401202, 2.5.4.20=20ad4eb9f213d04484f2d3f8aabba48956bd6ea64eb39e51fda8ae18825213dc, st=Maharashtra Date: 2020.09.30 20:11:53 +05'30' Manorama Yadav Company Secretary and Compliance Officer (ICSI Membership No.: A36619)

Encl: as above

Registered Office : Greentex Clearing House, B-1, 2 & 3, Gosrani Compound, Rehnal Village, Bhiwandi Thane -

421302

RAMGOPAL POLYTEX LIMITED

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Corporate Office: 701, Tulsinai Chambers, Free Press Journal Marg, Nariman Point, Mumbai – 400021 Tel: +91-22-61396800, 22834838, Fax: +91-22-22851085 Website: www.ramgopalpolytex.com / E-mail: rplcompliance@ramgopalpolytex.com CIN: L17110MH1981PLC024145

Annexure - A

Summary of Proceedings of the Thirty Ninth (39th) Annual General Meeting of Ramgopal Polytex Limited ('the Company')

The 39th AGM of the Members of Ramgopal Polytex Limited ('the Company') was held on Wednesday, September 30, 2020 at 1:00 P.M. IST through video conferencing (‘VC’) / other audio visual means (‘OAVM’). The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ('MCA') and the Securities and Exchange Board of India ('SEBI').

Mr. Sanjay Jatia, Chairman and Managing Director of the Company, chaired the Meeting. The Chairman welcomed the shareholders to the Meeting and on requisite quorum being present, called the Meeting to order and briefed them on details relating to their participation at the Meeting through audio visual means.

All the Directors of the Company were present at the Meeting through VC from their respective locations. The Chairman welcomed the Directors and introduced them to the Members.

The Chairman informed the Members that, representatives of N.K. Jalan & Co. Chartered Accountants, Statutory Auditors and M/s. Uma Lodha & Co, Secretarial Auditors and Scrutinizers for the remote e-voting and the e-voting during the proceedings of the AGM, were also present at the Meeting through VC.

Authorized representations of corporate shareholders were 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.

It was informed that the Financial Statements and the Reports of Board of Directors and Auditors thereon for the financial year ended March 31, 2020 and the Notice convening the 39th AGM were taken as read as the same had already been circulated to the Members. Further, as there were no qualifications in the Audit Report, it was not required to be read.

The Chairman then made his remarks with respect Company's performance, Business highlight and future outlook.

In terms of the Notice dated September 02, 2020 convening the 39th AGM of the Company, the following business were transacted at the Meeting through remote e-voting.:

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Registered Office : Greentex Clearing House, B-1, 2 & 3, Gosrani Compound, Rehnal Village, Bhiwandi Thane -

421302

RAMGOPAL POLYTEX LIMITED

==> picture [42 x 28] intentionally omitted <==

Corporate Office: 701, Tulsinai Chambers,

Free Press Journal Marg, Nariman Point, Mumbai – 400021 Tel: +91-22-61396800, 22834838, Fax: +91-22-22851085

Website: www.ramgopalpolytex.com / E-mail: rplcompliance@ramgopalpolytex.com CIN: L17110MH1981PLC024145

Sr. No.	Sr. No.	Resolutions
		ORDINARY BUSINESS
1.		To receive, consider and adopt the Audited Financial Statements of the Company for the year ended March 31, 2020 together with the Reports of the Board of Directors and the Auditors thereon.
2.		To appoint a Director in place Mr. Sanjay Jatia (DIN: 00913405), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
		SPECIAL BUSINESS
3.		To Re-appointment of Mr. Panna Lal Jyotshi (DIN: 07248640) as an Independent Director of the Companyfor second term(Special Resolution)
4.		Approval of Related Party Transaction for granting of loans to group Companies (Ordinary Resolution)
5.		To Consider Borrowing of funds in excess of the limits given under section 180 (1)(C) of the Companies Act,2013(Special Resolution)
6.		To give Loans, Investments, Guarantees or provide Security pursuant to Section 186 of the Companies Act, 2013(Special Resolution)

The Chairman informed the members attending the meeting through VC that the Members were given an opportunity to register themselves as a speaker for the AGM and ask questions and seeks clarification(s) since; the Company had not received any request from the members for registering as a speaker. hence, Question & Answer session was not conducted.

The Chairman further informed the Members present at the Annual General Meeting that the members who have not voted through remote evoting can cast their vote through AGM evoting through voting on e- voting platform of CDSL. The e-voting platform was open for voting and was closed after 15 minutes from the time of closure of the AGM.

The Chairman further informed the Members that the consolidated voting results will be disseminated to the Stock Exchanges on which the Company's shares are listed and will also be made available on the website of the Company at www.ramgopalpolytex.com and the Central Depository Services Limited at www.evotingindia.com within 48 hours of the conclusion of the Meeting.

The Chairman then thanked the Members for their continued support and for attending and participating in the Meeting. He also thanked the Directors for joining the Meeting virtually. As there was no other business to conduct the chairman declared the Meeting closed.

Registered Office : Greentex Clearing House, B-1, 2 & 3, Gosrani Compound, Rehnal Village, Bhiwandi Thane - 421302

RAMGOPAL POLYTEX LIMITED

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Corporate Office: 701, Tulsinai Chambers, Free Press Journal Marg, Nariman Point, Mumbai – 400021 Tel: +91-22-61396800, 22834838, Fax: +91-22-22851085

Website: www.ramgopalpolytex.com / E-mail: rplcompliance@ramgopalpolytex.com CIN: L17110MH1981PLC024145

The details of Consolidated Voting Results of 'Remote e-voting by the shareholders on all the resolutions as set out in Item Nos. 1 to 6 of the Notice of AGM will be forwarded separately, in the format prescribed under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 within the prescribed time limits and will also be posted on the Company’s website.

The AGM then concluded at 1.39 p.m. with a vote of thanks to the Chair.

You are requested to take the same on record.

Thanking You,

Yours Faithfully, For Ramgopal Polytex Limited

Digitally signed by Manorama Ashok Yadav DN: c=IN, o=Personal, cn=Manorama Ashok Yadav, Manorama serialNumber=f2df173f66663f3de233c231f11df5614d 2942a8a5b9b4a2b6c40d85a13a287e, postalCode=401202, 2.5.4.20=20ad4eb9f213d04484f2d3f8aabba48956bd6 Ashok Yadav ea64eb39e51fda8ae18825213dc, st=Maharashtra Date: 2020.09.30 20:12:22 +05'30' Manorama Yadav Company Secretary and Compliance Officer (ICSI Membership No.: A36619)

Registered Office : Greentex Clearing House, B-1, 2 & 3, Gosrani Compound, Rehnal Village, Bhiwandi Thane - 421302