Redington Limited — AGM Information 2021

Aug 12, 2021

August 12, 2021

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

Dear Sir/Madam,

Sub: Proceedings of 28[th] Annual General Meeting held on August 11, 2021

Pursuant to Regulation 30 read with Part A to Schedule III to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the summary of proceedings of the 28[th] Annual General Meeting held on Wednesday, August 11, 2021 through Video conferencing (‘VC’) or Other Audio Visual means (‘OAVM’).

The enclosed summary of the proceedings will be available on the website of the Company at www.redingtongroup.com

We request you to kindly take the above information on record.

Thanking You, Very truly yours,

Digitally signed by MUTHUKUMARAS MUTHUKUMARASAMY AMY MUTHUKRISHNAN MUTHUKRISHNAN Date: 2021.08.12 09:40:57 +05'30'

M. Muthukumarasamy Company Secretary

Cc: BSE Limited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Summary of proceedings at the 28[th] Annual General Meeting of Redington (India) Limited

The 28[th] Annual General Meeting (AGM) of the members of Redington (India) Limited (‘the Company’) was held on Wednesday, August 11, 2021 through Video Conference (‘VC’)/Other Audio Visual Means (‘OAVM’). The meeting was held in compliance with Circulars issued by Ministry of Corporate Affairs and as per the other applicable provisions of the Companies Act, 2013 and the Rules made thereunder read along with various circulars and regulations issued by Securities and Exchange Board of India (SEBI).

Directors present through Video Conferencing:

Prof. J. Ramachandran – Independent Director, Chairman of the Board (from Registered Office, Chennai, India )

Mr. Tu, Shu-Chuyan – Non-executive Nominee Director (from Taiwan )

Ms. Chen, Yi-Ju – Non-executive Nominee Director (from Taiwan )

Mr. B. Ramaratnam – Independent Director and Chairman of Audit Committee and Stakeholders’ Relationship Committee (from Registered Office, Chennai, India )

Mr. V.S. Hariharan – Independent Director and Chairman of Nomination and Remuneration Committee, Corporate Social Responsibility Committee and SAR Allotment Committee (from Singapore )

Mr. Keith WF Bradley – Independent Director and Chairman of Risk Management Committee (from Philippines )

Ms. Anita P Belani – Independent Director (from Mumbai, India )

Mr. Raj Shankar – Vice Chairman and Managing Director (from Singapore )

Mr. Rajiv Srivastava - Joint Managing Director (from Registered Office, Chennai, India )

Mr. S. V. Krishnan – Whole time Director and Chief Financial Officer (from Registered Office, Chennai, India )

Other Key Managerial Personnel and Management Team present through Video Conferencing:

Mr. P. S. Neogi – Chief of Staff (from Registered Office, Chennai, India)

Mr. Ramesh Natarajan – Chief Executive Officer – India Distribution Business (from Registered Office, Chennai, India)

Mr. M. Muthukumarasamy – Company Secretary and Compliance Officer (from Registered Office, Chennai, India)

Other Representatives present through Video Conferencing:

Mr. Sethuraman – Partner, M/s. BSR & Co. LLP - Statutory Auditor (from Chennai, India )

CS R. Bhuvana – Secretarial Auditor/Scrutinizer (from Chennai, India )

Prof. J. Ramachandran chaired the meeting. He introduced himself and welcomed everyone to the Meeting. He informed that Annual General Meeting is being held through video conference in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI. He requested the Directors and other Key Managerial Personnel and Management Team to introduce themselves. All the Directors of the Company attended the meeting. The requisite quorum being present, he called the meeting to order.

The Company Secretary informed that all the documents required as per the statutory provisions have been made available for inspection electronically. He further informed that remote e‐voting facility was provided to all the persons who were members as on August 4, 2021, being the cut-off date to vote on all the resolutions set out in the notice of AGM. He further clarified that members who have not cast their votes through remote e voting and who are participating in this meeting would have an opportunity to cast their votes during the meeting and 30 minutes after the AGM, through the e-voting system provided by NSDL. He also gave the helpline number for resolving any technical difficulty.

Thereafter, the Chairman delivered his speech which inter-alia included highlights from the exemplary performance of the Company during FY 2020-21, significant events happened / decisions taken and an insight into future outlook. The Company Secretary provided the summary of Statutory Auditors’ and Secretarial Auditor’s Report for the financial year ended March 31, 2021. With the permission of the members, the Chairman considered the Notice of the AGM as read.

The following items of business as per the notice of the AGM were transacted at the meeting.

Item No.	Particulars of Resolution	Type of Resolution
ORDINARY BUSINESS
1.	Adoption of Standalone Financial Statements for the year ended March 31,2021	Ordinary
2.	Adoption of Consolidated Financial Statements for the year ended March 31,2021	Ordinary
3.	Declaration of dividend for the financial year ended March 31, 2021	Ordinary
4.	Re-appointment of Mr. Tu, Shu-Chyuan (DIN: 02336015), who retires byrotation	Ordinary
SPECIAL BUSINESS
5.	Appointment of Branch Auditor	Ordinary
6.	Appointment of Mr. Rajiv Srivastava (DIN: 03568897) as Director and also as Joint ManagingDirector of the Company	Ordinary

7.	Approval for increasing the Authorized Share Capital and consequent amendment to Memorandum of Association of the Company	Ordinary
8.	Approval of issue of bonus shares	Ordinary

Shareholders were provided opportunity to express their views/ask questions by sending them over mail and also by registering themselves as speaker shareholders.

The Chairman and also the Vice Chairman and Managing Director answered the questions raised by the shareholders over email. Thereafter, the members who had registered as Speaker shareholders were allowed to raise queries and seek clarifications. Members sought few queries about dividend payout, bonus issue, impact of e-commerce business, expansion plans and key geographic areas of operations, future prospects and outlook etc. All the queries were responded and necessary clarifications were provided.

The Chairman appraised the members that the Board had appointed M/s. R. Bhuvana & Associates, Practicing Company Secretary as the Scrutinizer for conducting e-voting in a fair and transparent manner.

The Chairman authorized Mr. M. Muthukumarasamy, Company Secretary to declare the voting results.

The Chairman concluded the meeting by stating that the results of the resolutions along with Scrutinizer’s report would be intimated to Stock exchanges and also would be made available on the Company’s website (www.redingtongroup.com) at the earliest.

The meeting commenced at 11.00 AM (IST) and concluded at around 12.05 Noon (IST) (without including time allowed for e-voting after conclusion of proceedings).