Sansera Engineering Limited — AGM Information 2024

Sep 26, 2024

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26[th] September 2024

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 42[nd] Annual General Meeting (AGM)

Ref: Our intimation dated 04-09-2024

We wish to inform you that the 42[nd] AGM of the Company was held today i.e., September 26, 2024, through Video Conferencing (‘VC’)/ Other Audio-Visual Means (‘OAVM’) at 03.00 pm (IST) and concluded at 03:59 pm (IST).

Please find attached the summary of proceedings of the 42[nd] 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

Digitally signed by RAJESH RAJESH KUMAR MODI KUMAR MODI Date: 2024.09.26 19:23:16 +05'30'

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

Encl.: 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 42[ND] ANNUAL GENERAL MEETING OF SANSERA ENGINEERING LIMITED

The 42[nd] Annual General Meeting (AGM) of the members of Sansera Engineering Limited (the 'Company') was held on September 26, 2024, at 03:00 pm (IST) and concluded at 03:59 pm (IST) through video conferencing (VC) facility/other audio-visual means (OAVM).

Directors present:

1. Mr. S Sekhar Vasan, Chairman & Managing Director

2. Mr. Fatheraj Singhvi, Joint Managing Director

3. Mr. Bindiganavile Raghunath Preetham, Executive Director & Group Chief Executive Officer

4. Mr. Lakshminarayan Muthuswami, Non-Executive Independent Director (Chairperson of Stakeholders Relationship Committee)

5. Mrs. Revathy Ashok, Non-Executive Independent Director (Chairperson of Audit Committee)

6. Mr. Samir Purushottam Inamdar, Non-Executive Independent Director (Chairperson of Nomination & Remuneration Committee)

In Attendance:

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

2. Mr. Vikas Goel, Chief Financial Officer

3. Mrs. Monisha Parikh, Partner and Ms. S Meena, the Authorised Representative, Deloitte Haskins & Sells, Statutory Auditors

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

Members Present:

43 members (including authorised representatives) attended the meeting through VC or OAVM.

Mr. S Sekhar Vasan took the Chair. 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.

The Chairman informed the members that since the Integrated Annual Report for FY 2023-24 containing the Notice of the 42[nd] 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, 2024, 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

SANSERA ENGINEERING LIMITED

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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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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’s performance including key financials of the Company for the year ended March 31, 2024. Mr. Fatheraj Singhvi, Joint Managing Director of the Company provided necessary clarifications to the query raised by the shareholders.

The following items of business, as per the Notice of AGM dated August 20, 2024, were transacted, the results of which will be filed on receipt of report from the scrutinizer within stipulated time:

Item No.	Particulars of Resolutions	Special or Ordinary
1	Adoption of financial statements of the Company for the financial year ended March 31, 2024, together with the auditors’ and board’s report thereon (both standalone and consolidated)	Ordinary
2	Declaration of dividend of Rs. 3.00 per equity share for the financial year 2023- 24.	Ordinary
3	Appointment of Mr. Subramonia Sekhar Vasan (DIN: 00361245), director who retires by rotation and eligible for re-appointment.	Ordinary
4	Ratification of remuneration payable to M/s. Rao, Murthy and Associates, Bengaluru, cost auditors of the company.	Ordinary
5	Approval for increasing the commission payable to Mr. Samir Purushottam Inamdar (DIN: 00481968), Non-Executive Independent Director.	Ordinary
6	Approval for increasing the commission payable to Mr. Lakshminarayan Muthuswami (DIN: 00064750), Non-Executive Independent Director.	Ordinary
7	Approval for increasing the commission payable to Ms. Revathy Ashok (DIN: 00057539), Non-Executive Independent Director.	Ordinary
8	Increase in Authorised Share Capital of the Company and Alteration of Capital Clause of Memorandum of Association of the Company.	Ordinary
9	Approval for raising of funds and issuance of securities by way of a Qualified Institutions Placement or through any other mode permitted under law.	Special

The Company Secretary expressed gratitude to the shareholders for attending the meeting and for their continued support and interest in the Company's affairs. He also thanked all the Directors, Auditors and officials of the Company, for joining the meeting virtually.

SANSERA ENGINEERING LIMITED

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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