Seya Industries Ltd — AGM Information 2019

Sep 28, 2019

September 28, 2019

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To, To, Corporate Relationship Department Listing Compliances BSE Limited National Stock Exchange of India Limited P.J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Bandra Fort, Mumbai East, Mumbai - 400051 Script Code: 524324 Symbol: SEYAIND

Sub . : Proceedings of 29[th] Annual General Meeting (since incorporation of the Company)

Dear Sir,

Pursuant to the provisions of Regulation 30(2) of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 we are enclosing proceedings of the 29[th] Annual General Meeting of the Company held on September 27, 2019

Kindly acknowledge the receipt and take the same on record.

Thanking You.

Yours faithfully, For Seya Industries Ltd.

Manisha Solanki Company Secretary

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CIN: L99999MH1990PLC058499

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PROCEEDINGS OF THE 29[th] ANNUAL GENERAL MEETING (SINCE INCORPROATION) OF SEYA INDUSTRIES LIMITED

1. Date, time and venue of the Meeting:

The 29[th] Annual General Meeting of the Company was held on September 27, 2019 and the meeting commenced on 3:00 p.m. at Registered Office of the Company. The meeting closed at 5:45 p.m. on the same day

2. Brief details of items deliberated at the meeting and result thereof:

• Shri Ashok G Rajani, Chairman and Managing Director chaired the proceedings of the Meeting and updated the performance of the Company to the members present.

• Total 30 members present in person, the requisite quorum being present, the Chairman called the Meeting to order.

• The Chairman gave an overview of the financial performance of the Company for the financial year ended March 31, 2019 and its future outlook.

• The Chairman informed that the remote e-voting commenced at 9:00 a.m. on September 24, 2019 and ended at 5:00 p.m. on September 26, 2019.

• The Resolution passed by members, briefly relate to:

ORDINARY BUSINESS:

1. Adoption of Audited Financial Statements of the Company for the Financial Year ended March 31, 2019, the reports of the Board of Directors and Auditors thereon;

2. Declaration of Final Dividend on Ordinary Shares for the FY 2018-19

3. Re-Appointment of Mr. Asit Kumar Bhowmik, Director retiring by rotation

4. Appointment of Statutory Auditors and fixing their remuneration

SPECIAL BUSINESS

1. Re-appointment of Ms. Kalpana Tirpude (DIN: 07166478) as an Independent Director of the Company.

2. Approval of remuneration to Cost Auditor for the Financial Year Ending on March 31, 2020

3. Clarifications were provided to the queries raised by the members at the meeting.

CIN: L99999MH1990PLC058499

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• The Chairman informed Mrs. Tanvi Shah, of M/s. TRS & Associates, Practicing Company Secretary was appointed as the Scrutinizer by the Board of Directors for scrutinizing the polling and e-voting process.

• The Chairman informed the Members that the combined results of e-voting and the poll shall be disseminated to the Stock Exchange and also uploaded on the website of the Company and Central Depository Services (India) Limited (CDSL), the agency providing e- voting facility.

3. Manner of approval

• Pursuant to the provisions of the Companies Act, 2013 and the Regulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 ('Listing Regulations'), the Company had provided remote e-voting facility to its members to cast votes electronically, on all the resolutions set out in the notice.

• Facility of voting through poll was made available to the members who were present at the meeting and had not cast their votes by remote e-voting.

• All the Resolution set out in the Notice calling the Annual General Meeting were passed with requisite majority and are deemed to be passed on the date of the Annual General Meeting i.e. September 27, 2019

For Seya Industries Ltd

Manisha Solanki Company Secretary & Compliance Officer

Date: September 28, 2019 Place: Mumbai