Sanathnagar Enterprises Limited — AGM Information 2021

Sep 24, 2021

Lodha Excelus, N.M Joshi Marg, Mahalaxmi, Mumbai 400 011, India

SANATHNAGAR ENTERPRISES LIMITED

September 24, 2021

To, The Listing Dept., BSE Limited Corporate Relationship Department 1[st] Floor, New Trading Ring, Rotunda Building, P. J. Towers Dalal Street, Fort Mumbai 400 001 Scrip Code: 509423

Dear Sir,

Sub:- Proceedings of the 74[th] Annual General Meeting of the Company

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of 74[th] Annual General Meeting of the Company held on September 24, 2021 through Video Conferencing/ Other Audio Video Means.

This is for your information and records.

Thanking you,

Yours faithfully,

Sanathnagar Enterprises Limited Hitesh Marthak Company Secretary

Encl: A/a

Regd. Off.: 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai-400001 Website : www.sanathnagar.in, Email id: investors.sel@lodhagroup.com Tel.: +91.22.61334400 Fax: +91.22.23024420 CIN No. L99999MH1947PLC252768

Lodha Excelus, N.M Joshi Marg, Mahalaxmi, Mumbai 400 011, India

SANATHNAGAR ENTERPRISES LIMITED

PROCEEDINGS OF THE 74[TH] ANNUAL GENERAL MEETING OF NATIONAL STANDARD (INDIA) LIMITED THROUGH VIDEO CONFERENCING/OTHER AUDIO VISUAL MEANS

The 74[th] Annual General Meeting (‘AGM’) of the members of SANATHNAGAR ENTERPRISES LIMITED

(‘the Company’) was held on Friday, September 24, 2021 at 02:00 p.m. (IST) through Video Conferencing (‘VC’)/Other Audio Visual Means (‘OAVM’). The AGM was held as per the circulars issued by the Ministry of Corporate Affairs (MCA), Securities and Exchange Board of India (SEBI), and following the guidelines of social distancing norms in view of the outbreak of COVID-19 pandemic.

The Company Secretary Mr. Hitesh Marthak, welcomed the Members to the AGM and briefed them on certain points relating to their participation at the AGM through VC/OAVM.

Ms. Sanjyot Rangnekar, Chairperson chaired the Meeting. The requisite quorum being present, the Chairperson called the meeting to order. All the Directors of the Company attended the Meeting through video conferencing and the Chairperson introduced the Directors and KMPs to the Members. The chairpersons of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee were also present at the AGM. The Registers as required under the Companies Act, 2013 and other relevant documents mentioned in the AGM Notice were available for inspection. The 74[th] AGM was attended by 35 shareholders of the Company through VC/OAVM. The representatives of MSKA & Associates, Statutory Auditors, Shravan A. Gupta & Associates, 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 Video Conferencing. With the consent of the Members, the Notice convening the Meeting and the Auditors' Report were taken as read. The Members were informed that the Statutory Auditors' Report and Secretarial Audit Report did not have any qualifications.

The Company Secretary informed the Members that the Company had provided the facility to cast their vote electronically on the NSDL’s E-voting platform by remote e-voting and e-voting during the AGM. Further the Company Secretary explained the process of voting during the AGM and also informed that since the AGM is held through video conferencing and the resolutions mentioned in the notice convening the AGM had been already put to vote through remote e-voting, there would be no proposing and seconding on the resolutions.

In terms of the Notice dated July 20, 2021 convening the 74[th] AGM of the Company, the following items of business were transacted at the AGM through remote e-voting:

Sr **No. **	Details of the Agenda	Resolution Type
1	To receive, consider and adopt the Audited Financial Statements of the Company for the fnancial year ended March 31, 2021 together with the Reports of the Board of Directors’ and Auditors’ thereon	Ordinary Resolution
2	To appoint a director in place of Ms. Sanjyot Rangnekar (DIN: 07128992), who retires by rotation and being eligible, offers herself for re-appointment	Ordinary Resolution
3	Re-appointment of MSKA & Associates, Chartered Accountants as StatutoryAuditors ofthe Company.	Ordinary Resolution

The Chairperson then invited the Members to express their views, ask questions on the operations as well as the financial performance of the Company. One registered speaker shareholder did not respond to the name call made by the chairperson and hence there were no questions/queries raised by the Members.

Post the Q & A session, the Chairperson thanked the Members for attending and participating at the meeting. She also thanked the Directors for joining the Meeting. The e-Voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. She informed the Members that the consolidated voting results along with the Scrutinizer’s Report shall be placed on the Company’s website www.sanathnagar.in, NSDL E-voting website and would also be immediately submitted to BSE Limited for dissemination. The AGM was deemed to be concluded at 02:21 p.m. post expiry of 15 minutes time allotted for the members to cast their vote.

Sanathnagar Enterprises Limited

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Hitesh Marthak Company Secretary

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Regd. Off.: 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai-400001 Website : www.sanathnagar.in, Email id: investors.sel@lodhagroup.com Tel.: +91.22.61334400 Fax: +91.22.23024420 CIN No. L99999MH1947PLC252768