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Sanrhea Technical Textiles Ltd. AGM Information 2021

Sep 21, 2021

61756_rns_2021-09-21_8c29d861-05c1-49b9-8120-9791827cd76a.pdf

AGM Information

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Date: 21.09.2021

To,

BSE limited Departme n t of Corpo r ate Servic e s P J Tower s , Dalal Str e et, Mumbai - 4 00001. Security Code : 514280

Dear Sir/ M adam

Subject: P roceeding of the 38th AGM of th e Compan y

Pursuant to Regulati o n 30 of SEBI (Listing O bligations and Discl o sure Requirements) R egulations , 2015, we e nclose he r ewith the s u mmary of Proceedin g s of the 38th Annual G eneral Meeting of th e Company duly hel d on Tu e sday, Se p tember 2 1, 2021 at 9.00 a.m. thro u gh Vide o Conferencing/Other A udio-Visual Means (“ V C/OAVM”) facility.

Kindly tak e the same on your re c ord.

Thanking Y ou,

Yours Faithfully,

Corporate Office & Works : Dr. Ambedkar R oad, Kalol ( N .G.) 38272 1 . Phone : (02764) 2252 0 4, 227831 Fax : (02764) 227696. Regd. Office : Pars h wanath Ch a mbers, 2nd Floor, Nr. New RBI, Inc o me Tax, Ah m edabad – 3 80 014. Tel. Fax : (079) 27545646 Email : [email protected] Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309

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SUMMARY OF PROCEEDINGS OF THE 38TH ANNUAL GENERAL MEETING

Dharmesh Patel, Company Secretary of the Company, welcomed Board of Directors and members at 38th Annual General Meeting of the Company held on Tuesday, September 21, 2021 at 9:00 a.m. through video conferencing in accordance with the circular issued by the Ministry of Corporate Affairs and SEBI. The registered office of the company at Ahmedabad shall be deemed venue for the AGM.

Requisite quorum being present at the meeting. Registers and other documents as required by law were open for inspection.

Independent Directors Shri Miten Mehta and Shri Vimal Ambani were not able to attend the AGM due to some personal reason.

The Company Secretary introduced other Directors and KMPs present in the meeting and acknowledged the presence of Smt. Tejal Patel, Director, Shri Mahendrasingh Hada, Director, Shri Biren Patel, Independent Director, Shri Jasubhai Patel, CFO, Shri Bhavesh Shah, Internal Auditor, Representative form M/s. Arpit Patel & Associates, Statutory Auditor, Shri Jitendra Leeya, Secretarial Auditor and Shri Ashish Doshi, Partner of M/s SPANJ & Associates, Scrutinizer.

On behalf of the Board and with the permission of the members, Company Secretary has requested Shri Tushar Patel, Managing Director of the Company to act as Chairman to this Annual General Meeting. The meeting was chaired by Shri Tushar Patel, Managing Director of the Company.

The Chairman shared his view on growth of the company and present market condition and future outlook of the Company.

Company Secretary has informed none of the member has requested to speak during the meeting. But any member who want ask question, can send mail on [email protected] for any clarification.

Company Secretary has informed that there were no qualifications or adverse remarks in the respective auditors’ reports. Hence the auditor's reports were not required to be read in the meeting.

Company Secretary has informed that the Notice of the meeting & Annual Report for the Financial Year 2020-21 has already been circulated to members before AGM, with permission of Chairman the same was taken as read.

The following items as set out in the Notice convening 38th AGM were transacted at the meeting.

Sr. No. Details of the Item Resolution
1 Consider and adopt the audited financial statements of the Company
for the financial year ended on March 31, 2021 and the reports of the
Board of Directors(‘the Board’)and Auditors thereon.
Ordinary

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 : [email protected] Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309

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2 T
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Company Secretary h as informed that the n otice of th e meeting c ontains fo u r items for approval o f the share h older. Me e ting is hel d through V ideo Conf e rencing a n d resolutions have al r eady bee n put to vot e , the requir e ment to p r opose and second is n ot applica b le.

Company Secretary i nformed t h at as per t he provisi o ns of the Companie s Act, 201 3 and SEBI (Listing O b ligations a n d Disclos u re Requir e ments) Re g ulations, 2 015, it wa s mandator y to provid e remote e- v oting facilities to th e sharehol d ers for all the resol u tions plac e d before the annua l general m e eting. and also infor m ed that C o mpany ha d provided r emote e-v o ting faciliti e s to all th e sharehold e rs and w a s kept op e n from Se p tember 1 7 , 2021 (9. 0 0 a.m.) t o Septemb e r 20, 2021 (5.00 p.m.). The me m bers who h ave not v o ted on res o lutions thr o ugh remo t e e-voting are eligibl e to cast th e ir vote dur i ng the AGM and voti n g will con t inue to op e n till 15 minutes fro m closure o f AGM.

The Com p any Secre t ary furthe r informed t hat M/s. SPANJ & A s sociates, a Practicin g Compan y Secretary, was appointed as th e Scrutiniz e r. The Scrutinizer’s R eport in p r escribed f o rmat alon g with the d e tails of th e voting results (remot e e-voting & e-voting a t AGM) o n all the re s olutions a s set out in the Notice of AGM, p u rsuant to Regulation 44 of the S EBI (LODR) Regulations, 2015 , will be su b mitted to t h e Stock Exchanges w i thin prescr i bed timeli n es.

The meeti n g conclud e d at 9.14 a .m. with a v ote of tha n ks.

Kindly tak e the same on your re c ord.

Thanking Y ou,

Yours Faithfully,

Corporate Office & Works : Dr. Ambedkar R oad, Kalol ( N .G.) 38272 1 . Phone : (02764) 2252 0 4, 227831 Fax : (02764) 227696. Regd. Office : Pars h wanath Ch a mbers, 2nd Floor, Nr. New RBI, Inc o me Tax, Ah m edabad – 3 80 014. Tel. Fax : (079) 27545646 Email : [email protected] Web. : www.sanrhea.com CIN : L17110GJ1983PLC006309