Sandhar Technologies Limited — AGM Information 2021

Sep 23, 2021

SANDHAR Growth. Motivation. Better Life

Ref: STL /AGM Outcome/ 04 / 23092021

Dated: 23[rd ] September, 2021

To, BSE Limited, Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P J Towers, Dalal Street, Fort, Mumhai - 400 001

To, National Stock Exchange of India Limited, Listing Department, Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E), Mumhai-400 051

BSE Code 541163; NSE: SANDHAR

ubject: Tr script of 29[th ] Annual General Meeting ('AGM') & Outcome

Ref: Our Letter dated 25[th ] August, 2021

Dear Sir/ Ma'am,

In continuation to our letter dated 25[th ] August, 2021, we wish to inform you that the 29[t1] [1] Annual General Meeting ('AGM') of the Company was held on Thursday, the 23[rd ] September, 2021, at 10:00 AM. through Video Conferencing ('VC")/ Other Audio Visual Means ('OAVM') and the business items [ from Nos. (I) to ( 6)] mentioned in the notice dated the 06[th ] August, 2021 of the said AGM were transacted at the said meeting.

The voting results of the 29[th ] Annual General Meeting of the Company along with the Scrutinizer's Report will be shared shortly.

In compliance with Regulation 30 read with Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith a summary of AGM proceedings as Annexure -1.

The 29[th ] Annual General Meeting of the Company concluded at 10:50 A.M.

Kindly take the aforesaid on record and oblige.

Thanking you,

Yours faithfully,

CHNOLOGIES LIMITED

For sr�; l� . (/ ./ KomalMalik (Company Secretary & Compliance Officer)

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Sandhar Technologies Limited

Corporate Office : 13, Sector-44, Gurugram-122002, Haryana, India. Ph: +91-124-4518900 Registered Office : B-6/20, Local Shopping Complex, Safdarjung Enclave, New Delhi- 110029, India, Ph:+91-11-40511800 Email - enquiries@sandhar.in; website - www.sandhargroup.com; CIN - L7 4999DL1987PLC029553

ANNEXURE-1

SUMMARY OF THE PROCEEDINGS OF THE TWENTY NINTH ANNUAL GENERAL MEETING OF THE MEMBERS OF SANDHAR TECHNOLOGIES LIMITED ("THE COMPANY")

The 29[th ] Annual General Meeting ('AGM') of the Members of Sandhar Technologies Limited ("Company") was held on Thursday, the 23[rd ] September, 2021, at I 0:00 A.M. through Video Conferencing ('VC")/ Other Audio Visual Means ('OA VM').

Smt. Koma! Malik, Company Secretary & Compliance Officer welcomed all the members present and requested the Board Members, Chief Financial Officer, Statutory Auditors & Secretarial Auditors to introduce themselves.

The following Directors, officials and invitees were present at the 29[th ] AGM of the Company:

I.	Shri Dharmendar Nath Davar	Chairman
2.	Shri Jayant Davar	Co-Chairman & Managing Director
3.	Smt Archana Capoor	Independent Director & Chairman of the Audit
		Committee
4.	Shri Vimal Mahendru	Independent Director & Chairman of Nomination and
		Remuneration Committee
5.	Shri Arjun Sharma	Independent Director & Chairman of Stakeholder &
		Relationship Committee
6.	Shri Arvind Kapur	Independent Director
7.	Shri Monica Davar	Non-Executive Director, Non Independent Director
8.	Shri Bharat Anand	Independent Director
9.	Shri Neel Jay Davar	Additional Director, Non-Executive Non Independent
		Director
10.	ShriYashpal Jain	Chief Financial Ofcer
11.	Smt Koma! Malik	Company Secretary & Compliance Ofcer
12.	Shri Shashank Agarwal	Representative ofBSR&Co. LLP, Statutory Auditorsuf L111 Cumpauy
13.	Shri K.K. Sachdeva	Secretarial Auditor & Scrutinizer

The number of shareholders as on cut-off date i.e. 16[th ] September, 2021 were 31,538.

Total of 151 Members attended the meeting through VC.

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Smt. Malik informed the shareholders that in view of ongoing COVID-19 pandemic and pursuant to the circulars as issued by Ministry of Corporate Affairs & Securities and Exchange Board of India, the Annual General Meeting was conducted through Video Conferencing facility provided by Link Intime India Private Limited.

She frnther informed that the Company provided Remote e-voting facility to the Members to cast their vote between 9:00 A.M. of Monday, 20[th ] September, 2021 till 5:00 P.M. of Wednesday, 22[nd ] September, 2021 and requested the Chairman of the Company to commence the formal proceedings of the Annual General Meeting.

The Chairman, Shri Dharmendar Nath Davar upon ascertaining that the requisite quorum was present, called the meeting to order and requested Shri Jayant Davar Co-Chairman & Managing Director to continue with Agenda of the Meeting.

Shri Jayant Davar welcomed all the Shareholders to the meeting.

Annual General Shri Jayant Davar delivered his speech and thereafter informed that Notice of 29[th ] Meeting, the Report of Board of Directors, and the Financial Statements for the Financial year 2020-21 were taken as read as the same had already been circulated to the Members. There were no qualifications, reservations, disclaimer, adverse remarks in the Auditor's Report and the Report of Secretarial Auditor of the Company. Accordingly, these Reports were not required to be read.

The fllowing items of business as set out in the notice convening 29[th ] AGM were placed fr member's consideration and approval:

The fllowing items of business as set out in the notice conveningmember's consideration and approval:	The fllowing items of business as set out in the notice conveningmember's consideration and approval:	29thAGM were placed fr	29thAGM were placed fr
SNo.ParticularsORDINARY BUSINESS		Type ofResolution
1.	To receive, consider and adopt the Audited StandaloneFinancialStatements and the Audited Consolidated Financial Statements of theCompany fr the Financial year ended the 31st March, 2021 togetherwith the Reports of the Board of Director and the Auditors thereon.;		Ordinary
2.	To declare a fnal dividend of Rs 11- per equity share of Rs 101- eachfully paid up, and to confirm the interim dividend of Rs 1.25- per equityshare of Rs. I_01-_each flly paid up, already paid, for the Financial yearended the 31st March,2021;		Ordinary
3.	To re-appoint the Directors, liable to retire by rotation:a)To appoint a Director in place of Shri Dharmendar Nath Davar(DIN- 00002008), who retires by rotation and being eligible,offers himself fr re-appointment.b)ToappointaDirector1placeof Smt.MonicaDavar(DIN- 00 I 00875), who retires by rotation and being eligible,ofers herself fr re-appointment.		Ordinary
SPECIAL BUSINESS
4	Appointment of Shri Neel Jay Davar (DIN: 09201336) as Director of theCompany		Ordinary
5	Ratifcation of remuneration payable to Cost Auditor_Mis_. Satija & Co.for audit of cost records fr the Financial Year 2020-2021.Ratifcation of remuneration payable to Cost Auditor_Mis_Satija & Co.fr audit of cost records for the Financial Year 2021-2022		Ordinary
6.			Ordinary

The members who had registered themselves as speakers, addressed the meeting through VCIOA VM and sought clarifications on the Company's accounts and businesses. Shri J :;.>; �:..... onded to the queries of the Members and provided clarifications.

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Shri Jayant Davar informed that e-voting facility is open for 15 minutes after the closure of meeting to enable the Members who did not cast vote through remote e-voting to exercise their votes.

The members were informed that Shri K K Sachdeva, proprietor of Mis K K Sachdeva & Associates, Company Secretaries, appointed as the scrutinizer to scrutinize the remote e-voting process and e-voting at the AGM. His decision would be final with regard to validity and results of the voting through remote e-voting and e-voting during the meeting.

On the receipt of the final report from the scrutinizer, the results of the voting along with remote e­ voting would be announced within 48 hours from conclusion of the meeting. The results of voting will be placed on the website of the company w, . andhar rou .com once they are declared.

The meeting concluded at 10:50 a.m with the Chairman of the meeting presenting vote of thanks to everyone present at the meeting.

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