Sansera Engineering Limited — AGM Information 2022

Aug 18, 2022

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August 19, 2022

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, Block -G Bandra-Kurla Complex Bandra (East), Mumbai – 4000 51

Scrip Symbol: SANSERA

Bombay Stock Exchange Limited Corporate Relationship Department P.J. Towers, Dalal Street Mumbai – 4000 01 Scrip Code: 543358

Dear Sir

Subject: 40[th] Annual General Meeting (AGM)

Dear Sir

We wish to inform you that the 40[th] AGM of the Company was held today i.e., August 18, 2022 at 11.00 am (IST) via VC / OAVM.

Please find attached the summary of proceedings of the 40[th] AGM pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,

Kindly take the same in your record.

Thanking you for Sansera Engineering Limited

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Rajesh Kumar Modi Company Secretary and Compliance Officer

Encl: a/a

SANSERA ENGINEERING LIMITED

(Formerly Sansera Engineering Pvt Ltd)

Reg Off: No. 143/A, Jigani Link Road, Bangalore-560 105, India, Tel: +91 80-27839081/82/83. Fax: +91 80-27839309 E-mail id: info@sansera.in Website: www.sansera.in CIN: L34103KA1981PLC004542

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SUMMARY OF PROCEEDINGS OF THE 40[TH] AGM OF SANSERA ENGINEERING LIMITED

The 40th Annual General Meeting (AGM) of the members of Sansera Engineering Limited (the 'Company') was held on Thursday, August 18, 2022 at 11.00 am (IST) through video conferencing (VC) facility/other audio visual means (OAVM).

Directors present:

• 1) Mr. S Sekhar Vasan, Chairman and Managing Director

• 2) Mr. F R Singhvi, Joint Managing Director

• 3) Mr. Raunak Gupta, Non-Executive Nominee Director

• 4) Mrs. Revathy Ashok, Non-Executive Independent Director

• 5) Mr. Lakshminarayan M, Non-Executive Independent Director

• 6) Mr. Samir Purushottam Inamdar, Non-Executive Independent Director

In Attendance:

• a) Mr. B R Preetham, Group Chief Executive Officer

• b) Mr. Vikas Goel, Chief Financial Officer

• c) Mr. Praveen Chauhan, Chief Operating Officer

• d) Mr. Rajesh Kumar Modi, Company Secretary and Compliance Officer

• e) Mr, Sujit Kumar, Deloitte Haskins & Sells, Statutory Auditors

• f) Mr. Pramod S M, Partner, BMP & Co., LLP, Secretarial Auditors

Members Present:

The meeting was attended by 103 members through VC or OAVM.

Pursuant to Article of Articles of Association of the Company, Mr. S Sekhar Vasan, Chairman of the Board, chaired the meeting and conducted the proceedings of the 40th Annual General Meeting. The requisite quorum being present, the Chairman called the meeting to order. The Company Secretary informed the members that the meeting is being held through video conferencing / other audio-visual means in compliance with the provisions contained in various circulars / notifications issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India Limited due to prevailing condition.

The Chairman informed the members that since the Integrated Annual Report for FY2021-22 containing the Notice of the 40th AGM, the Auditors' Report and Directors’ Report was sent to the members through electronic mode, the same were taken as read. The Chairman further informed the shareholders that there are no qualifications, observations, adverse remarks, or comments by the statutory auditors in their reports on the financial statements for the financial year ended March 31, 2022 or matters which have any adverse effects on the functioning of the Company.

SANSERA ENGINEERING LIMITED

(Formerly Sansera Engineering Pvt Ltd)

Reg Off: No. 143/A, Jigani Link Road, Bangalore-560 105, India, Tel: +91 80-27839081/82/83. Fax: +91 80-27839309 E-mail id: info@sansera.in Website: www.sansera.in CIN: L34103KA1981PLC004542

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The shareholders were informed that the documents along with statutory registers, Secretarial Auditors’ report and the ESOP certificate as required under the SEBI Regulations are open for inspection in electronic mode at the meeting. The Chairman further informed the members that the Company had provided the members the facility to cast their votes electronically through remote e-voting, on all resolutions set forth in the Notice. Members who were present at the AGM and who had not casted their votes electronically through remote e-voting, were provided an opportunity to cast their votes at the meeting.

The Chairman addressed the shareholders and spoke about the Company performance including key financials of the Company for the year ended March 31, 2022.

Mr. F R Singhvi, Joint Managing Director provided necessary clarifications to the query raised by one shareholder.

The following items of business, as per the Notice of AGM dated May 23, 2022, were transacted, the results of which will be filed on receipt of report from the scrutinizer:

Item No.	Particulars of Resolutions	Special or ordinary
1	Adoption of Financial Statements of the Company for the financial year ended March 31, 2022 together with the Auditors’ and Board’s Report thereon (both standalone and consolidated)	Ordinary
2	Declaration of dividend of Rs. 2.00 per equity share for the financial year 2021-22.	Ordinary
3	Appointment of Mr. Fatheraj Singhvi (DIN: 00233146), director who retires by rotation and eligible for re-appointment.	Ordinary
4	Approval of certain Articles of the Articles of Association of the company.	Special
5	Appointment of Mr. Samir Purushottam Inamdar as Independent Director and fixing of remuneration.	Special
6	Ratification of Sansera Engineering Limited Employee Stock Option Plan 2018	Special
7	Ratification to extend benefits of Sansera Engineering Limited – Employee Stock Option Plan 2018 (ESOP 2018) to employees of subsidiarycompany(ies)of the company.	Special
8	Ratification of remuneration payable to M/s. Rao, Murthy and Associates, Bengaluru, cost auditors of the company	Ordinary
9	Creation of charge on the assets of the company	Special

SANSERA ENGINEERING LIMITED

(Formerly Sansera Engineering Pvt Ltd)

Reg Off: No. 143/A, Jigani Link Road, Bangalore-560 105, India, Tel: +91 80-27839081/82/83. Fax: +91 80-27839309 E-mail id: info@sansera.in Website: www.sansera.in CIN: L34103KA1981PLC004542

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Mr. Pramod SM, Partner, BMP & Co., LLP has been appointed as the Scrutinizer for conducting the remote e-voting process and voting process at the AGM in a fair and transparent manner and to report on the voting results for the items as per the Notice of the AGM.

The Company Secretary then, thanked the Members present at the meeting and declared the meeting as closed.

The AGM concluded today at 11.53 am (IST).

We request you to kindly take the above in your record.

Thanking you,

Yours faithfully, for Sansera Engineering Limited

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Rajesh Kumar Modi Company Secretary and Compliance Officer

SANSERA ENGINEERING LIMITED

(Formerly Sansera Engineering Pvt Ltd)

Reg Off: No. 143/A, Jigani Link Road, Bangalore-560 105, India, Tel: +91 80-27839081/82/83. Fax: +91 80-27839309 E-mail id: info@sansera.in Website: www.sansera.in CIN: L34103KA1981PLC004542