SEPC LIMITED — AGM Information 2019

Sep 19, 2019

Exchange Plaza, 5th Floor 14th Floor, P.J. Towers Bandra-Kurla Complex Dalal Street MUMBAI—400 051 MLHVIBAI-400 001 NSE Symbol SHRIRAMEPC Scrip Code : 53245

Shriram'Iepc The National Stock Exchange of India Ltd., BSE Limited Engineering the future

September 19, 2019

Dear Sir/Madam,

SUB: Submission ofProceedings of the Annual General Meeting - 19th AGM.

Ref: Our Letter of 1 8th instant giving the Outcome ofAGM.

~~ *

As required under Schedule III, Part A, Para A (13) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are attaching herewith a copy of the Proceedings of the 19th AGM held yesterday, the 18'h of September 2019.

We request you to kindly take the same on record and confirm.

Thanking you,

Yours faithfully, For Shriram EPC Limited, E"

Company Secretary. *

Encl .: as above

Shrlram EPC LImIted

1st Floor, 'Rajah Annamalai Building', No.18/3, Rukmani Lakshmipaihi Road, Egmore, Chennai - 600 008. India. Ph : +91 44 4900 5555, Fax : +91 44 4900 5599 / 4269 2155 Regd. Office : 4th Floor, 'Sigapi Achi Building', No.18/3, Rukmani Lakshmipathi Road, Egmore, Chennai - 600 008. Ph : +91 44 4901 5678 Fax : +91 44 4901 5655 TVU '"""' E—maii : info@shriramepc.com. website 1 www.shriramepc.com CiN : L74210TN2000PLCO45167 *

Summary of Proceedings of 19th Annual General Meeting

Proceedings of the Nineteenth Annual General Meeting of Shriram EPC Limited held on Wednesday, 18"1 September 2019 at 10.00 A.M. at Kamakoti Hall, Sri Krishna Gana Sabha, 20, Maharajapuram Santhanam Road, T Nagar, Chennai — 600 017

Mr. P. D. Karandikar Chairman took the Chair.

The Chairman extended a warm and hearty welcome to shareholders present at the Annual General Meeting (AGM) of the Company. The requisite quorum being present, the Chairman called the Meeting to Order. He then introduced the other Directors, Chief Financial Officer and Company Secretary who were seated on the dais.

The Chairman further informed the Members that the Registrar of Contracts, Register of Members, Directors and Key Managerial Personnel and Proxies are kept open for the purpose of inspection by the Shareholders during the meeting. With the permission ofthe Shareholders, the Chairman took the Notice as read.

The Chairman then requested, Mr. R S Chandrasekharan, Chief Financial Officer, to read out the qualified opinion" as in the Auditors' Report ofthe Company for the year ended 3 1 st March 2019.

Mr. P D Karandikar then informed the members that Chairman's Speech forms part of the Annual Report and with the permission ofthe members the same was taken as read.

Before opening the floor for probable questions, requested the Company Secretary, Mr. K. Suresh to explain to the Members on the Voting Procedure and the resolutions.

Mr. K Suresh then explained the Voting Procedures and briefed about the SIX Resolutions, wherein shareholders' approval was being sought.

The following resolutions as set out in the Notice of the Annual General Meeting dated 06th August, 2019 is as under:

3 Ordinary resolutions pertaining to the Ordinary Business of

• 1. Adoption ofAudited Accounts for the year ended 31Sl March 2019
• 1. Reappointment of Mr. R Sundararajan as a Director
• 1. Reappointment of Mr. M Amjat Shariffas Director.

3 Ordinary resolutions pertaining to the Special Business:

1. Appointment of Mr. K S Sripathi as Director.

Shriram EPC Limited

1st Floor, 'Rajah Annamalai Building', No.18/3, Rukmani Lakshmipathi Road. _ Egmore. Chennai — 600 008. India. Ph : +91 44 4900 5555, Fax: +91 44 4900 5599/4269 2155 Regd. Egmore, Office : Chennai 4th Floor, — 600 'Sigapi 008. Achi Ph Building'. : +91 44 4901 No.18/3, 5678 Rukmani Fax : +91 Lakshmipathi 44 4901 5655 E—mail : info@shriramepc.com. website : www.shriramepc.com CIN : L74210TN2000PLC045167

• 1. To ratify the remuneration payable to Mr. G Sundaresan, CMA as Cost Auditors of the Company to hold office fi'om the conclusion of this Annual General Meeting until the conclusion ofthe 21 st Annual General Meeting.
• 1. Omnibus approval for Related Party Transactions for the year 2019—20

Chairman then informed the members that pursuant to Rule 44 of SEBI (LODR) Regulations 2015 and in terms of provisions of the Companies Act, 2013, the Company had provided evoting facility to the members, and for those who had not exercised their vote through e-voting, the facility to cast vote via poll is also provided at the venue of the AGM by the Company.

He then informed the shareholders that Mr. Rajiblochan Sarangi, Company Secretary in Practice, Chennai was appointed by the Board, as an Independent Scrutinizer for the voting process at the AGM.

The Chairman invited comments and queries from the shareholders. There was a clarification sought by a shareholder on the financials of the Company 2018-19, which was duly clarified by Mr. T Shivaraman, Managing Director. It was further informed to the members once again that such of those who had not earlier voted through e—voting process can cast their votes on resolutionsthrough poll at the meeting.

Mr. Rajiblochan Sarangi, scrutinized the voting process (remote e-voting and voting). Chairman informed the Shareholders that the combined results of e—voting and poll will be made available to members by way of intimation to the Stock Exchanges and also on the website ofthe Company within 48 hours ofthe meeting.

The Chairman thanked all the members of the Company for their participation and requested for continued support and announced the formal closure of the Annual General Meeting.