Sanrhea Technical Textiles Ltd. — AGM Information 2019

Sep 19, 2019

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Date: 19.09.2019

To,

BSE limited

Department of Corporate Services P J Towers, Dalal Street, Mumbai - 400001. Security Code : 514280

Dear Sir/Madam

Subject: Proceeding of the 36th AGM of the Company

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the summary of Proceedings of the 36th Annual General Meeting of the Company duly convened on Thursday, September 19, 2019 at 9.00 a.m. at the Registered Office of the Company.

Kindly take the same on your record.

Thanking You,

Yours Faithfully,

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Corporate Office & Works : Dr. Ambedkar Road, Kalol (N.G.) 382721. Phone : (02764) 225204, 227831 Fax : (02764) 227696. Regd. Office : Parshwanath Chambers, 2nd Floor, Nr. New RBI, Income Tax, Ahmedabad – 380 014. Tel. Fax : (079) 27545646 Email : Sanrhea@gmail.com Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309

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Summary of proceedings of the 36th Annual General Meeting

The 36th Annual General Meeting was held on Thursday, the 19th September, 2019 at 9:00 a.m. at Parshwanath Chambers, 2nd Floor, Nr. New RBI, Income Tax, Ahmedabad - 380014.

Requisite quorum being present at the meeting.

Statutory Registers and documents referred to in the AGM Notice, as required to be kept open for inspection of the members, were available for the Members.

The meeting was chaired by Mr. Tushar Patel, Managing Director of the Company.

The Company Secretary introduced other Directors and KMPs present in the meeting and acknowledged the presence of Mr. Rashmikant Raval, Member of Audit Committee and Nomination and Remuneration Committee, Mr. Dipam Patel, representative of M/s. Arpit Patel & Associates, Statutory Auditor of the Company, Mr. Jitendra Leeya Secretarial Auditor and Ms. Nirali Patel, Partner of M/s SPANJ & Associates, Scrutinizer to this voting Process.

With the unanimous consent of the Members present at the meeting:

• i) the Notice dated 30th May, 2019 convening the 36th Annual General Meeting was taken as read.

• ii) the Audit Report dated 30th May, 2019 for the Financial Year 2018-19 was taken as read.

• iii) Secretarial Audit Report dated 30th May, 2019 issued by Mr. Jitendra Leeya, Practising Company Secretaries was taken as read.

The Chairman shared his view on growth of the various specialized fabrics developed by the company, present market condition and future outlook of the Company and invited queries on the accounts from the Members. None of member has raised any queries.

Mr. Dharmesh Patel, Company Secretary informed the members that as per the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it was mandatory to provide remote e-voting facilities to the shareholders for all the resolutions placed before the annual general meeting.

Corporate Office & Works : Dr. Ambedkar Road, Kalol (N.G.) 382721. Phone : (02764) 225204, 227831 Fax : (02764) 227696. Regd. Office : Parshwanath Chambers, 2nd Floor, Nr. New RBI, Income Tax, Ahmedabad – 380 014. Tel. Fax : (079) 27545646 Email : Sanrhea@gmail.com Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309

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Accordingly, the Company had provided remote e-voting facilities to all the shareholders holding shares as on cut-off date i.e. 11th September, 2019, to cast their votes electronically. Accordingly, remote e-voting was kept open for 3 days i.e. from 16th September, 2019 (9.00 a.m.) to 18th September, 2019 (5.00 p.m.). Shareholders who could not vote electronically can cast their votes now by exercising their voting on a Ballot paper which is made available to them.

Please note that, in case of double voting, the vote casted through electronic voting shall be prevailed.

The Company had appointed SPANJ & Associates, a Practicing Company Secretary as the scrutinizer to scrutinize the remote e-voting process and voting at the annual general meeting in a fair and transparent manner.

The following items as set out in the Notice convening 36th AGM were transacted at the meeting.

OROINARY BUSINESSES:

Sr. No.	Details of the Item	Resolution required
1	Consider and adopt the audited financial statements of the Company for the financial year ended on March 31, 2019 and the reports of the Board of Directors(‘the Board’)and Auditors thereon.	Ordinary
2	Appointment of Smt. Tejal Patel as a director liable to retire by rotation	Ordinary

SPECIAL BUSINESSES:

Sr. No.	Details of the Item	Resolution required
3	To re-appointment of Shri Miten Mehta as an Independent Non- Executive Director.	Special
4	To re-appointment of Shri Vimal Ambani as an Independent Non- Executive Director.	Special

The Scrutinizers demonstrated the procedure for ballot voting to the members.

The Company Secretary further informed that the Results of voting i.e. remote e-voting and results of the ballot voting done at the AGM along with scrutinizers report shall be

Corporate Office & Works : Dr. Ambedkar Road, Kalol (N.G.) 382721. Phone : (02764) 225204, 227831 Fax : (02764) 227696. Regd. Office : Parshwanath Chambers, 2nd Floor, Nr. New RBI, Income Tax, Ahmedabad – 380 014. Tel. Fax : (079) 27545646 Email : Sanrhea@gmail.com Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309

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announced within 48 hours at the Registered Office of the Company and shall be displayed on the website of the Company, Stock Exchanges.

The meeting concluded at 9.45 a.m. with a vote of thanks.

Kindly take the same on your record.

Thanking You,

Yours Faithfully,

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Corporate Office & Works : Dr. Ambedkar Road, Kalol (N.G.) 382721. Phone : (02764) 225204, 227831 Fax : (02764) 227696. Regd. Office : Parshwanath Chambers, 2nd Floor, Nr. New RBI, Income Tax, Ahmedabad – 380 014. Tel. Fax : (079) 27545646 Email : Sanrhea@gmail.com Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309