Sansera Engineering Limited — AGM Information 2023

Sep 8, 2023

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8[th] September 2023

National Stock Exchange of India Limited Bombay Stock Exchange Limited Exchange Plaza, Plot No. C/1, Block -G Corporate Relationship Department Bandra-Kurla Complex P.J. Towers, Dalal Street Bandra (East), Mumbai – 400051 Mumbai – 4000 01

Scrip Symbol: SANSERA Scrip Code: 543358

Dear Sir

Subject: Proceedings of 41[st] Annual General Meeting (AGM)

We wish to inform you that the 41[st] AGM of the Company was held today i.e., September 08, 2023, at 11.00 am (IST) via VC / OAVM.

Please find attached the summary of proceedings of the 41[st] 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

RAJESH Digitally signed by RAJESH KUMAR MODI KUMAR MODI Date: 2023.09.08 21:27:50 +05'30'

Rajesh Kumar Modi Company Secretary and Compliance Officer (Membership No: F5176)

Encls: a/a

SANSERA ENGINEERING LIMITED

Reg Off: Plant 7, No. 143/A, Jigani Link Road, Bommasandra Industrial Area, Anekal, 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 41[ST] ANNUAL GENERAL MEETING OF SANSERA ENGINEERING LIMITED

The 41[st] Annual General Meeting (AGM) of the members of Sansera Engineering Limited (the 'Company') was held today i.e., September 08, 2023 at 11.00 am (IST) through video conferencing (VC) facility/other audio visual means (OAVM).

Directors present:

1. Mr. Fatheraj Singhvi, Joint Managing Director Acted as the Chairman for this 41[st] AGM.

2. Mr. Lakshminarayan Muthuswami, Non-Executive Independent Director

3. Mrs. Revathy Ashok, Non-Executive Independent Director

4. Mr. Raunak Gupta, Non-Executive Nominee Director

In Attendance:

1. Mr. B R Preetham, Group Chief Executive Officer

2. Mr. Vikas Goel, Chief Financial Officer

3. Mr. Praveen Chauhan, Chief Operating Officer

4. Mr. Rajesh Kumar Modi, Company Secretary and Compliance Officer

5. Mrs. Monisha Parikh, Partner and Mr. Sujit Singh, the Authorised Representative, Deloitte Haskins & Sells, Statutory Auditors

6. Mr. Pramod S M, Partner, BMP & Co., LLP, Secretarial Auditors

Members Present:

• 55 members attended the meeting through VC or OAVM.

Due to cold and fever at the last moment, Mr. Subramonia Sekhar Vasan, the Chairman & Managing Director of the Company was unable to attend the AGM. The Directors of the Company unanimously elected Mr. Fatheraj Singhvi, Joint Managing Director as Chairman for this 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 due to prevailing condition.

The Chairman informed the members that since the Integrated Annual Report for FY 2022-23 containing the Notice of the 41[st] AGM, the Auditor’s Report and Director’s Report was sent to the members through electronic mode, the same was 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, 2023 or matters which have any adverse effects on the functioning of the Company.

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

SANSERA ENGINEERING LIMITED

Reg Off: Plant 7, No. 143/A, Jigani Link Road, Bommasandra Industrial Area, Anekal, 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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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, 2023 and also provided necessary clarifications to the query raised by one shareholder.

The following items of business, as per the Notice of AGM dated August 01, 2023, were transacted, the results of which will be filed on receipt of report from the scrutinizer on or before 48 hours:

Item No.	Particulars of Resolutions	Special or Ordinary
1	Adoption of financial statements of the company for the financial year ended March 31, 2023 together with the auditors’ and board’s report thereon (both standalone and consolidated)	Ordinary
2	Declaration of dividend of Rs. 2.50 per equity share for the financial year 2022-23.	Ordinary
3	Mr. Raunak Gupta (DIN: 06624489), director liable to retire by rotation, who does not seek re-election	Ordinary
4	Appointment of Mr. Fatheraj Singhvi (DIN: 00233146), director who retires by rotation and eligible for re-appointment.	Ordinary
5	Ratification of remuneration payable to M/s. Rao, Murthy and Associates, Bengaluru, cost auditors of the company.	Ordinary
6	Continuation of Mr. Subramonia Sekhar Vasan as Chairman and Managing Director of the company on attaining the age of seventy years.	Special
7	Amendment to the terms of appointment of Mr. Subramonia Sekhar Vasan	Special
8	Approval for increasing remuneration of Mr. S Sekhar Vasan and Mr. Fatheraj Singhvi, the Executive Directors of the company w.e.f. April 01, 2023.	Ordinary
9	Approval for increasing the commission payable to Independent Directors.	Ordinary
10	Appointment of Mr. Bindiganavile Raghunath Preetham (DIN: 03499506) (Mr. B R Preetham) as an Executive Director of the company to be designated as Executive Director & Group CEO.	Ordinary
11	Approval to alteration/ amendment of certain articles of the articles of association of the company.	Special

SANSERA ENGINEERING LIMITED

Reg Off: Plant 7, No. 143/A, Jigani Link Road, Bommasandra Industrial Area, Anekal, 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 Company Secretary expressed his thanks to the shareholders for taking the time to attend the meeting and for their continued support and showing interest in the affairs of the Company. He also thanked all the Directors, Auditors and officials of the Company, for joining the meeting virtually.

SANSERA ENGINEERING LIMITED

Reg Off: Plant 7, No. 143/A, Jigani Link Road, Bommasandra Industrial Area, Anekal, 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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