Semac Construction Limited — Declaration of Voting Results & Voting Rights Announcements 2021

Mar 1, 2021

Listing Department	Listing Department
BSE Ltd	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers	"Exchange Plaza", C-1, Block G
Dalal Street	Bandra – Kurla Complex, Bandra (E)
Mumbai - 400 001	Mumbai – 400 051
Scrip Code: - 505368	Scrip Code: - REVATHI

Dear Sir / Madam

Subject: Results of Postal Ballot (E-voting) as per 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulation") and submission of Scrutinizer's report.

This is with reference to our letter dated January 28, 2021 enclosing the notice of postal ballot dated 22nd January, 2021, along with the explanatory statement ("Notice"), seeking the approval of the shareholders of the Company by way of a special resolution, in accordance with the SEBI (Delisting of Equity Shares) Regulations, 2009 and other applicable laws, through remote e-voting, for the following resolution;

1. Approval for Voluntary Delisting of the Equity Shares of the Company from the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE").

The Board of Directors at their meeting held on 22nd January 2021, had appointed Mr. M.D. Selvaraj, FCS of M/s. MDS & Associates, Company Secretaries, Coimbatore as the Scrutinizer to conduct the postal ballot voting through remote electronic voting means in a fair and transparent manner and for the purpose of ascertaining the requisite majority.

Accordingly, the Scrutinizer has submitted his report on postal ballot (remote e-voting) and based on his report, it is hereby declared, that the Special Resolution set out in the Postal Ballot Notice dated 22nd January 2021, has not been passed since the requisite majority was not obtained. The Report of Scrutinizer dated 27th February 2021, is attached hereto

The details of the votes cast on the Resolution(s) passed through the Postal Ballot process are given hereunder:

1.	Date of declaration of Postal Ballot Voting Results	Monday
		1st March,2021
2.	Total number of Members as on cut-off date for	5,234 Shareholders
	ascertaining the list of shareholders to whom the	(As on 22nd January 2021)
	notice of Postal Ballot was sent and also for
	reckoning voting rights
3.	No. of shareholders in the meeting either in person	Not Applicable
	or through proxy:
	Promoters and Promoter Group:
	Public
4.	No. of shareholders attended the meeting through	Not Applicable
	Video Conferencing:
	Promoters and Promoter Group:
	Public

Revathi Equipment Limited

331, Pollachi Road, Coimbatore - 641 050. India. Phone : 0422 - 2610851, 0422 - 6655100, Fax : 0422 - 6655199 CIN No.: L29120TZ1977PLC000780 E-mail: finance@revathi.in Website:

SpecialCompany from the BSE Limited ("BSE") and the National StockExchange of India Limited ("NSE").Whether promoter / promoterYesgroupareinterestedintheagenda / ResolutionCategoryModeNo. ofNo. of% of votesNo. ofNo. of% of% ofofsharesvotespolled onvotes invotesvotes invotesvotingheldpolled*outstandingfavouragainstfavour onagainstsharesvoteson votespolledpolled(1)(2)(3)(4)(5)(6)(7)=2/1100=4/2100=5/2*100PromoterE&voting00.00000.000.00PromoterPollGroup22,25,95400.00000.000.00PostalBallot00.00000.000.00Total22,25,95400.00000.000.00PublicE
Institutionsvoting00.00000.000.00
100Poll
00.00000.000.00
Postal
Ballot00.00000.000.00
Total10000.00000.000.00
PublicE
voting**98,08611.6622897,8580.2399.77
8,40,889Poll
00.00000.000.00
Postal
Ballot00.00000.000.00
Total
8,40,88998,08611.6622897,8580.2399.77
TOTAL30,66,94398,0863.2022897,8580.2399.77

**1 Shareholder holding 100 shares has abstained from Voting for 99 shares

Revathi Equipment Limited

331, Pollachi Road, Coimbatore - 641 050. India. Phone : 0422 - 2610851, 0422 - 6655100, Fax : 0422 - 6655199 CIN No.: L29120TZ1977PLC000780 E-mail: finance@revathi.in Website:

www.revathi.in

				As per Regulation 8(1)(b) of the SEBI (Delisting of Equity Shares) Regulations, 2009
Resolution required: Ordinary /		Special - Approval for Voluntary Delisting of the Equity Shares of the
Special
				Company from the BSE Limited ("BSE") and the National Stock Exchangeof India Limited ("NSE").
Whether promoter / promoter			Yes
groupare	interested	inthe
agenda / Resolution
Category	Mode	No. of	No. of	% of votes	No. of	No. of	% of	% of
	of	shares	votes	polled on	votes in	votes	votes in	votes
	voting	held	polled*	outstanding	favour	against	favour on	against
				shares			votes	on votes
							polled	polled
		(1)	(2)	(3)	(4)	(5)	(6)	(7)
				=2/1*100			=4/2*100	=5/2*100
Public	E
Institutions	voting		0	0.00	0	0	0.00	0.00
	Poll	100
			0	0.00	0	0	0.00	0.00
	Postal
	Ballot		0	0.00	0	0	0.00	0.00
	Total	100	0	0.00	0	0	0.00	0.00
Public	Evoting		**98,086	11.66	228	97,858	0.23	99.77
	Poll	8,40,889
			0	0.00	0	0	0.00	0.00
	Postal
	Ballot		0	0.00	0	0	0.00	0.00
	Total
		8,40,889	98,086	11.66	228	97,858	0.23	99.77
TOTAL		8,40,989	98,086	11.66	228	97,858	0.23	99.77

**1 Shareholder holding 100 shares has abstained from Voting for 99 shares

The result along with the scrutinizer's report is also available at the registered office of the Company, the website of the Company i.e. www.revathi.in

We request you to kindly take the above on record

Thanking you.

For REVATHI EQUIPMENT LIMITED

Executive Chairman DIN: 00011958 Date: 01.03.2021 Place: Coimbatore

Revathi Equipment Limited

331, Pollachi Road, Coimbatore - 641 050. India. Phone : 0422 - 2610851, 0422 - 6655100, Fax : 0422 - 6655199 CIN No.: L29120TZ1977PLC000780 E-mail: finance@revathi.in Website:

M Com MBA FCS

"SURYA", 35, Mayflower Avenue, Sowripalayam Road, Coimbatore 641028. Phone: 0422-2318780, 2316755, Fax : 0422-2314792, E-mail : mds@mdsassociates.in, Web : www.mdsservices.in

SCRUTINIZER'S REPORT ON POSTAL BALLOT (REMOTE E-VOTING) CONDUCTED PURSUANT TO THE POSTAL BALLOT NOTICE DATED 22ND JANUARY, 2021

Date: 27th February 2021

To The Executive Chairman M/ s.REV ATHI EQUIPMENT LIMITED (CIN: L29120TZ1977PLC000780) Pollachi Road, Malumichampatti P.O, Coimbatore -641050.

Dear Sir,

Sub: Scrutinizer's Report on Postal Ballot through Remote E-voting conducted pursuant to the provisions of Section 108 & 110 of the Companies Act, 2013 ("the Act") read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 (as amended), Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant MCA circulars issued thereunder and Regulation 8(1)(b) of SEBI (Delisting of Equity Shares) Regulations, 2009

I, M.D. Selvaraj, FCS, Proprietor of M/ s. MDS & Associates, Company Secretaries, Coimbatore, have been appointed by the Board of Directors of 1\1/s. Revathi Equipment Limited ("the Company") as the Scrutinizer for the purpose of scrutinizing the remote e-voting process in a fair and transparent manner and for the purpose of ascertaining the requisite majority on the remote e-voting for postal ballot carried out in accordance with the provisions of Sections 108 and 110 of the Companies Act, 2013 ('the Act'), read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 ("Rules") and other applicable provisions of the Act and Rules made thereunder, Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the General Circulars No.14/2020 dated April 8, 2020, No.17 /2020 dated April 13, 2020, No.22/2020 dated June 15, 2020, No.33/2020 dated September 28, 2020 and No.39 / 2020 dated December 31, 2020, issued by the Ministry of Corporate Affairs, Government of India ("MCA Circulars") and Regulation 8(1)(b) of SEBI (Delisting of Equity Shares) Regulations, 2009 in respect of the Special Resolution as set out in the Postal ballot Notice dated 22nd January, 2021 seeking approval of the shareholders for Voluntary Delisting of the Equity Shares iE~ the Company from the BSE Limited ("BSE") and the National Stock Exchang . 1n India Limited ("NSE"). \c~,(M. S

H'DS &A-uc~ COMPANY SECRETARIES IN PRACTICE Responsibility of the Management

The management of the Company is responsible to ensure compliance with the requirements of the Companies Act, 2013 and the Rules made thereunder in relation to exercising of voting rights through Postal Ballot and electronic means on the Resolution, as set out in the Postal Ballot Notice dated 22nd January, 2021.

Responsibility as a Scrutinizer

My responsibility, as a Scrutinizer for the Postal Ballot through Remote E-voting process, is restricted to the preparation of the Scrutinizer's Report on the votes cast "in favour" or "against" the Resolution, as set out in Item No.1 of the Postal Ballot Notice dated 22nd January, 2021, based on the reports generated from the e-voting system provided by the Link Intime India Private Limited (LIIPL), the Authorized Agency engaged by the Company for providing remote e-voting facilities.

Further in addition to the above, I submit my report as under:

• The Postal Ballot Notice dated 22nd January, 2021 along with necessary statement setting out the material facts under Section 102 of the Companies Act, 2013 were sent on Thursday, 28th January, 2021 by Link Intime India Private Limited ("LIIPL") through electronic mail to those members whose names appeared in the Register of Members/ List of Beneficiaries as on Friday, 22nd January, 2021 (" cut-off date") and who had registered their email ID with the Company / RTA / Depositories in compliance with the MCA Circulars. The Company has also placed the notice of the Postal Ballot on the website of the Company.
• The shareholders of the Company holding shares as on the "cut-off" date on Friday, 22nd January, 2021 were entitled to vote on the proposed resolution as set out in Item No. 1 of the Postal Ballot Notice.
• The remote e-voting period remained open from Friday, 29th January, 2021, 9:00 AM to Saturday, 27th February, 2021, 5:00 PM. During the said period, the members of the Company, holding shares in physical and / or in dematerialized form, as on the cut-off date i.e. 22nd January, 2021 were entitled to vote on the resolution set out in the Notice of Postal ballot through re~ ?'lt:~ e-voting.

COMPANY SECRETARIES IN PRACTICE Continuation Sheet ...

The e-voting module of Link Intime India Private Limited ("LIIPL") was disabled on Saturday, 27th February, 2021 at 5:00 PM and I, as the Scrutinizer, unblocked the votes cast, on Saturday, 27th February, 2021 at 5:28 PM in the presence of Mr.Nagalingam R (the undersigned as Witness No.1) and Mr.A.Selten Jayaraj (the undersigned as Witness No.2), who are not in employment of the Company in accordance with Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014 (as amended).

Witness No.1 Witness N o.2

.~ ...... .. .... . d.~~ - . .............................

Name: Mr.Nagalingam R Name: Mr. A.Selten Jayaraj

I have scrutinized the remote e-voting for the postal ballot and the votes tendered therein and maintained registers in which necessary entries have been made in accordance with the Companies (Management and Administration) Rules, 2014 (as amended).

I now hereby submit my report on the result of the remote e-voting in respect of the said resolution, as under:

SPECIAL BUSINESS

Item -1 Special Resolution

i. Voting results (of all shareholders) pursuant to Regulation 8(1)(b) of SEBI (Delisting of Equity Shares) Regulations, 2009

Approval for Voluntary Delisting of the Equity Shares of the Company from the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE").

VOTES CAST IN FAVOUR OF THE RESOLUTION

Number of Members Votedthrough electronic votingsystem	Number of votes cast infavour the Resolution	Percentage of TotalNumber of votes cast
*44	228	0.23

VOTES CAST AGAINST THE RESOLUTION

Number of Members Votedthrough electronic votingsystem	Number of votes castagainst The Resolution	Percentage of TotalNumber of votes cast
25	97858	99.77

INV AUD VOTES

Total number of Memberswhose votes were declaredinvalid	Total number of invalid votes cast by them
0	0

**1 Shareholder holding 100 shares has abstained from Voting for 99 shares

H 7) S & A14')~ COMPANY SECRETARIES IN PRACTICE Continuation Sheet ...

ii. Voting results (of public shareholders) pursuant to Regulation 8(1)(b) of SEBI (Delisting of Equity Shares) Regulations, 2009

Approval for Voluntary Delisting of the Equity Shares of the Company from the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE").

VOTES CAST IN FAVOUR OF THE RESOLUTION

Number of Members Votedthrough electronic votingsystem	Number of votes cast infavour the Resolution	Percentage of TotalNumber of votes cast
*44	228	0.23

VOTES CAST AGAINST THE RESOLUTION

Number of Members Votedthrough electronic votingsystem	Number of votes castagainst The Resolution	Percentage of TotalNumber of votes cast
25	97858	99.77

INV AUD VOTES

Total number of Memberswhose votes were declaredinvalid	Total number of invalid votes cast by them
0	0

**1 Shareholder holding 100 shares has abstained from Voting for 99 shares

Note: Based on a scrutiny of the valid votes cast through Remote e-voting in relation to the Special Resolution as given in item no 1 of the notice, I report that;

• 1. As the number of votes cast in favour of the special resolution is less than three times the number of votes cast against the special resolution, therefore the special resolution as set out in the notice is considered to have not been passed with the requisite majority as per the provisions of the Act; and
• 1. As the number of votes cast by the public shareholders in favour of the special resolution is less than two times the votes cast by the public shareholders against the special resolution, therefore the special resolution as set out in the notice is considered to have not been passed with the requisite majority as per the provisions under Regulation 8(1)(b) of SEBI (Delisting of Equity Shares) Regulations, 2009.

You may accordingly declare the results of the voting

Based on the Scrutinizer's Report Resolution no. 1 has not been passed as the requisite majority was not obtained

For REV ATHI EQUIPMENT LIMITED

Executive Chairman DIN: 00011958

Yours faithfully, j u.o.~~

MOS & ASSOCIATES Prop : M.D.SELVARAJ M.Com, MBA,FCS, COMPANY SECRETARY IN PRACTICE FCS - 960, CP - 411 "SURYA" 35, MAYFLOWER AVENUE SOWRIPALAYAM ROAD.COIMBATORE- 641 028

UDIN: F000960B003826111