Rushil Decor Limited — AGM Information 2021

Sep 27, 2021

••• ••• ••• RUSHIL DECOR LIMITED

WE'LL MAKE IT

RDL/050/2021-22 Date: 27.09.2021

To, National Stock Exchange of India Ltd. Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 NSE EQUITY SYMBOL: RUSHIL

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 SCRIPT CODE: 533470

ISIN: INE573K01017

Dear Sir/Madam,

REF.: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

SUB.: Proceeding of the 27[th ] Annual General Meeting of the Company Held on Monday, 27[th ] Day of September, 2021

1. The 27 [th ] Annual General Meeting of the Company was held through video conferencing ("VC") and other audio visual means ("OAVM") on Monday, the 2T[h ] day of September, 2021 which was commenced at 11 :15 AM and concluded at 11 :30 AM.

2. The AGM was held in compliance with the General Circular Nos. 14/2020, 17/2020, 20/2020 and 02/2021 dated April 8, 2020, April 13, 2020, May 5, 2020 and January 13, 2021 respectively, issued by Ministry of Corporate Affairs and Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 and SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated May 12, 2020 and January 15, 2021 issued by Securities and Exchange Board of India.

3. Following Directors / Key Managerial Personnel (KMPs) of the Company attended the AGM through VC / OAVM:

Mr. Krupeshbhai G. Thakkar Chairman & Managing Director Mr. Rushil Krupesh Thakkar Whole Time Director Mr. Ramanikbhai T. Kansagara Whole Time Director Miss Archee D. Thakkar Independent Woman Director Mr. Kantilal A Puj Independent Director Mr. Shankar Prasad Bhagat Independent Director & Chairman of Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee Mr. Keyur M. Gajjar Chief Executive officer (CEO) Mr. Vipul S. Vora Chief Financial Officer (CFO) Mr. Hasmukh K. Modi Company Secretary & Compliance Officer

1. The representatives of (i) M/s. Parikh & Majmudar, Statutory Auditors whose office is ceased by this AGM; (ii) M/s. Pankaj R. Shah & Associates, Chartered Accountants whose appointment is proposed in this AGM as Statutory Auditor, and (iii) Mis. Shalin ___ - e-voting durina the Ar,M, were also □resent at the AGM throuah VC. M Dc,,(' tl. 1 I 1 TA. KALOL, DIST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN; l25209GJ1993PLC019532 . . ■ Jain & Associates, Secretarial Auditor and Scrutinizer for submitting his report on remote OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA. i RlJ �HI l -□ �°cO R LTD .. RUSf-ilL HOUSE. NEAR NEELKANTH GREi;f!.J BUNGALOW. REGD. OFFICE; S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR·MANSA ROAD, <....

PH; +91-79-61400400 I FAX; +91-79-61400401 I EMAIL: INFO@RUSHIL.COM I WWW.RUSHIL.COM

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RUSHIL

DECOR LIMITED

WE'LL MAKE IT

1. Mr. Hasmukh K. Modi, Company Secretary gave introduction of the Board Members, Key Managerial Personnel (KMPs) and other persons present in the meeting.

2. Mr. Krupesh G. Thakkar, Chairman as well as Managing Director of the Company occupied the position of Chairman and chaired the Meeting.

3. A total of 44 members attended the AGM. As the requisite quorum was present, the Chairman called the AGM to order and commenced the proceedings of the AGM.

4. Members present in the meeting were welcomed and it was informed that the requisite quorum for meeting is present. Accordingly, the Chairman called the meeting to order.

5. Mr. Hasmukh K. Modi, Company Secretary gave some important instructions to the members for effective participation in the meeting and to cast their vote during the AGM.

6. It was informed that, as the AGM was held through video conference, the facility for appointment of proxy was not applicable.

7. With the permission of the members, the Notice of the AGM along with the Audited Financial Statements of the Company for the Financial Year ended March 31, 2021 and the report of Board of Directors thereon, being already circulated electronically considered as read.

8. Thereafter, Mr. Krupesh G. Thakkar, Chairman of the Meeting briefed about the business performance and other major developments during the financial year ended on 3P[1 ] March, 2021.

9. The Statutory Registers including Register of Directors and Key Managerial Personnel and their shareholding, the Register of Contracts or Arrangements in which the directors are interested, as required were kept accessible electronically during the continuance of the Meeting.

10. The Company Secretary stated that the Meeting is being conducted through Video Conferencing & OAVM and the Company had provided remote e-voting facility to all the members to enable them to cast their votes electronically in respect of all the businesses to be transacted at the 27[th ] Annual General Meeting. He further informed to members

that the Company had provided remote e-voting platform of National Securities Depository Limited ("NSDL") to the members for exercising their voting rights. The remote e-voting facility were kept open from Thursday, the 23[rd ] September, 2021 at 09.30 AM and ended on Sunday, the 26[th ] September, 2021 at 05.00 PM.

1. The Company Secretary further informed that those members who have not casted their vote through Remote e-voting, can cast their vote during the course of the meeting through e-voting facility provided on NSDL e-voting website and the said facility is available for 15 minutes after the conclusion of Annual General Meeting.

2. He further stated that Mr. Shalin M. Jain, Practicing Company Secretary has been appointed by the Board of Directors as the Scrutinizer for scrutinizing the remote e-voting and the e-voting at this AGM and to give report thereon in the prescribed manner.

3. The Company Secretary also stated that the results of thereceip� of the Scrutinizer's report and the same will be placed on the Company's websitee-voting will be announced on be sent to th���� �i�� - - RusH1L HousE. NEAR NEELKANTH GREEN suNGALow. OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA. H., el. M Vet____

REGO. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR-MANSA ROAD, c.__

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TA. KALOL, DIST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ 1993PLC019532

. __ ,

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: INFO@RUSHIL.COM I WWW.RUSHIL.COM

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RUSHIL DECOR LIMITED

WE'LL MAKE IT

1. There were total seven businesses in the notice as follows:

ORDINARY BUSINESS:

• a) To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended[3] 1[st ] March, 2021 and the Report of the Board of Directors and Auditors thereon.

• b) To declare Final Dividend of Rs. 0.50 (Fifty Paisa) per Equity Share of Rs. 10/- each for the Financial Year ended 31[st ] March, 2021.

• c) To appoint a Director in place of Mr. Ramnikbhai T. Kansagara (DIN: 08341541), who retires by rotation and, being eligible, offers himself for re-appointment.

• d) To appoint Statutory Auditors and to fix their remuneration in place of retiring auditors.

SPECIAL BUSINESS:

• e) Appointment of Mr. Kantibhai A. Puj (DIN: 09273355) as an Independent Director of the Company for a Term of One Year.

• f) To Appoint Mr. Rushil Krupesh Thakkar (DIN: 06432117) as a Director of the Company, liable to retire by rotation.

• g) To appoint Mr. Rushil Krupesh Thakkar (DIN: 06432117) as an Executive Director of the Company and fix his remuneration.

• Further, the Company Secretary informed that there is no qualification, observation, or comments or other remarks on financial transactions or matters in the Auditor's Report as given by the Statutory Auditors and in the Secretarial Audit Report as given by the Secretarial Auditor which have any adverse effect on the functioning of the company.

• All the resolutions set out in the Notice calling AGM were passed with requisite majority and were deemed to be passed on the date of AGM i.e. September 27, 2021.

The Chairman then thanked to all the Directors, Key Managerial Persons, Members attending and participating at the meeting through video conference for extending their co­ operation and concluded the AGM at 11 :30 A.M.

Please take the same in your record.

Thanking you.

Yours Faithfully,

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For, Rushi'9ecor Limited MoJ¥, 1�

Hasmukh K. Modi Company Secretary

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RUSHIL DECOR LTD . AUSHIL HOUSE, NEAR NEELKANTH GREEN BUNGALOW . OFF SINDHU BHAVAN ROAD, SHILAJ, AHMEDABAD-380058, GUJARAT, INDIA.

REGD. OFFICE: S. NO. 125, NEAR KALYANPURA PATIA, VILLAGE ITLA, GANDHINAGAR -MANSA ROAD, TA. KALOL, 01ST. GANDHINAGAR-382845, GUJARAT, INDIA. I CIN: L25209GJ 1993PLC019532

PH: +91-79-61400400 I FAX: +91-79-61400401 I EMAIL: INFO@RUSHIL.COM I WWW.RUSHIL.COM