Redington Limited — AGM Information 2022

Jul 27, 2022

July 27, 2022

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

Symbol: REDINGTON

BSE Limited

Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400 001

Scrip: 532805

Dear Sir/Madam,

Sub: Proceedings of the 29[th] Annual General Meeting

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 29[th] Annual General Meeting held on Wednesday, July 27, 2022 at 11. 00 a.m. (IST) 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.

Yours faithfully,

For Redington (India) Limited

MUTHUKUMA Digitally signed by RASAMY MUTHUKUMARASAM Y MUTHUKRISHNAN MUTHUKRISH Date: 2022.07.27 NAN 14:38:04 +05'30'

M. Muthukumarasamy Company Secretary

Summary of proceedings at the 29[th] Annual General Meeting of Redington (India) Limited

The 29[th] Annual General Meeting (AGM) of the members of Redington (India) Limited (‘the Company’) was held on Wednesday, July 27, 2022 at 11:00 A.M IST through Video Conference (‘VC’)/Other Audio Visual Means (‘OAVM’) in compliance with Circulars issued by Ministry of Corporate Affairs (MCA) 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:

S.No	Name of Director	Attended through VC from
1.	Prof. J. Ramachandran, Independent Director, Chairman of the Board	Registered Office, Chennai, India
2.	Mr. B. Ramaratnam, Independent Director, Chairman of Audit Committee and Stakeholders’ Relationship Committee	Registered Office, Chennai, India
3.	Mr. V.S. Hariharan, Independent Director and Chairman of Nomination and Remuneration Committee, CSR & ESG Committee and SAR Allotment Committee	Singapore
4.	Mr. Keith WF Bradley, Independent Director and Chairman of Risk Management Committee	Philippines
5.	Ms. Anita P Belani, Independent Director	Mumbai, India
6.	Mr. Tu, Shu-Chuyan, Non-executive Nominee Director	Taiwan
7.	Ms. Chen, Yi-Ju, Non-executive Nominee Director	Taiwan
8.	Mr. Rajiv Srivastava, ManagingDirector	Turkey
9.	Mr. S. V. Krishnan, Whole time Director and Global Chief Financial Officer	Registered Office, Chennai

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

S.No	Name of the Official	Attended through VC from
1.	Mr. Ramesh Natarajan, Chief Executive Officer- India Distribution Business	Registered Office, Chennai
2.	Mr. Sriram Ganesan, Global Chief Commercial Offer	Turkey
3.	Mr. Soumitra Kumar Das, Global Chief People Officer	Dubai
4.	Mr. Serkan Kutlu, Global StrategyOfficer	Dubai
5.	Mr. Kasturi Rangan, Managing Director -Proconnect SupplyChain Solutions Limited	Chennai
6.	Mr. Viswanath Pallasena, Chief Executive Offer - Middle East and Africa	Dubai
7.	Mr. Serkan Celik, Chief Executive Offer- Arena Group	Turkey
8.	Mr. Cem Borhan, Chief Executive Offer- Redington Turkey.	Turkey
9.	Mr. M. Muthukumarasamy, CompanySecretary	Registered Office, Chennai

Other Representatives present through Video Conferencing:

S.No	Name of the Official	Attended through VC from
1.	Mr. Sethuraman, Partner, M/s. BSR & Co. LLP - Statutory Auditor	Chennai, India
2.	Ms. R. Bhuvana,Secretarial Auditor and Scrutinizer	Chennai, India
3.	Mr. Ananthi Amarnath, Partner, M/s Deloitte Haskins & Sells LLP,Chartered Accountants	Chennai, India

Prof. J. Ramachandran, Chairman, occupied the Chair. He introduced himself and welcomed the Directors, Shareholders, and invitees to the Meeting. He informed that the Annual General Meeting is being held through video conference in accordance with the circulars issued by the MCA and SEBI. The requisite quorum being present, he called the meeting to order. He requested the Directors, Key Managerial Personnel’s and Senior Management Team to introduce themselves.

Prof. J. Ramachandran, Chairman informed that the representatives of the Company’s Statutory and Secretarial Auditors were present, and all the registers, documents and records as required by law were available for inspection electronically.

The Company Secretary explained the remote e-voting process.

With the consent of the Members present, 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, 2022	Ordinary
2.	Adoption of Consolidated Financial Statements for the year ended March 31, 2022	Ordinary
3.	Declaration of dividend for the financial year ended March 31, 2022	Ordinary
4.	Appointment of Ms. Chen Yi Ju (DIN: 08031113) as Director, who retires by rotation and being eligible, offers herself for re- appointment.	Ordinary
5.	Appointment of M/s Deloitte Haskins & Sells (Registration No. 008072S) as Statutory Auditor of the company to hold office from the conclusion of this AGM until the conclusion of thirty-fourth AGM.	Ordinary
SPECIAL BUSINESS
6.	Appointment M/s Deloitte & Touche LLP, Chartered Accountants as the Auditor for the Branch Office of the Company at Singapore for the Financial Year 2022-23.	Ordinary
7.	Approval for the change in name of the Company from ‘Redington (India) Limited’ to ‘Redington Limited’	Special

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 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 digital platform, business model of the Company, Core Operations, Cloud dividend payout, buy back, impact of e-commerce business, and also about the future prospects and outlook etc. All the queries were responded, and necessary clarifications provided by them. The Chairman also stated that

the Members can contact the Secretarial Department for responses to other unanswered queries, if any.

Members who have not voted so far were requested to cast their votes through the e-voting platform provided by National Securities Depository Limited. The Chairman informed the Members that the consolidated results of e-voting would be announced within two working days and be intimated to the Stock Exchanges. The same will also be posted on the website of the Company and website of National Securities Depository Limited.

The Chairman then thanked the Members present and declared the meeting as closed. The meeting concluded at 11:50 P.M. (without including time allowed for e-voting after conclusion of proceedings).