Seya Industries Ltd — AGM Information 2020

Dec 28, 2020

December 28, 2020

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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 30[th] Annual General Meeting (since incorporation of the Company) held on Saturday, December 26, 2020

Dear Sir,

The 30[th] Annual General Meeting (AGM) of the Company was held on Saturday, December 26, 2020 at 11:00 a.m. to transact the business as stated in the Notice dtd November 14, 2020 Convening the AGM. In this regard, please find enclosed the following:

1. Summary of the Proceedings of the AGM of the Company, as required under Regulation 30, Para A of Schedule – III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘the Listing Regulations’) – Annexure A

2. Voting results of the businesses transacted at the AGM, as required under Regulation 44(3) of the Listing Regulations – Annexure B

3. Report of the Scrutinizer dated July 8, 2020, pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 – Annexure C

The AGM Concluded on 12:40 p.m. on December 26, 2020

The voting results along with the Scrutinizer’s Report dated December 28, 2020 is made available on the Company’s website at www.seya.in

This is for your information and records.

Thanking You.

Yours faithfully, For Seya Industries Ltd. Manisha Solanki Company Secretary

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CIN: L99999MH1990PLC058499

Annexure - A

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SUMMARY PROCEEDINGS OF THE 30[th] ANNUAL GENERAL MEETING (SINCE INCORPROATION) OF SEYA INDUSTRIES LIMITED

1. Date, time and venue of the Meeting:

The 30[th] Annual General Meeting of the Company was held on December 26, 2020 and the meeting commenced on 11:00 a.m. at Registered Office of the Company. The meeting closed at 12:40 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 32 members present in person, the requisite quorum being present, the Chairman called the Meeting to order.

• The Registers as required, under the Companies Act 2013 and other relevant documents mentioned in the Notice were available for inspection.

• With the consent of the Members, the Notice of the Meeting was taken as read. The Members were informed that the Statutory Auditor’s Report and Secretarial Audit Report did not have any qualification.

• The Chairman gave an overview of the financial performance of the Company for the financial year ended March 31, 2020 and its future outlook.

• The Chairman informed that the remote e-voting commenced at 9:00 a.m. on December 23, 2020 and ended at 5:00 p.m. on December 25, 2020.

• 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, 2020, the reports of the Board of Directors and Auditors thereon;

2. Re-Appointment of Mr. Asit Kumar Bhowmik (DIN: 03522132), Director retiring by rotation

SPECIAL BUSINESS

1. Appointment of S.S. Patwardhan & Co. Chartered Accountant, as Statutory Auditor of the Company in Place of M/s. Anil Chauhan & Associates, Chartered Accountant.

2. Appointment of Mr. Ronen Joshi (DIN: 08167071) as an Independent Director of the Company to hold office for Five (5) years commencing from February 06, 2020 to February 05, 2025

3. Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579) as an independent Director of the Company to hold office for five (5) years commencing from September 15, 2020 till September 14, 2025

4. Appointment of Mr. Sivaprasad Rao Buddi (DIN: 08891339) as an Executive Director of the Company liable to retire by rotation.

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CIN: L99999MH1990PLC058499

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1. Approval of remuneration to Cost Auditor for the Financial Year Ending on March 31, 2021

2. The Chairman then invited the Members to express their views, ask questions and seek clarifications on the operations and financial performance of the Company and on the Resolutions set out in the Notice. After giving sufficient time to all members who wished to speak, the Chairman & Managing Director along with CFO appropriately responded to the queries raised by them.

3. Chairman authorised Ms. Manisha Solanki, Company Secretary to carry out the Voting Process and conclude the meeting, He also authorised the Company Secretary to accept and counter sign the Scrutinizer’s Report and declare the consolidated voting results. He informed the members that the Combined results of the e-voting and Poll during the AGM would be announced within 48 hours of the Conclusion of the Meeting and the results along with the Scrutinizer’s report would be intimated to the Stock Exchanges in terms of the Listing Regulations and would be placed on the website of the Company and CDSL.

4. Chairman Declare and confirmed that the Company has followed all the required guidelines issued by the Government in wake of COVID-19 to physically conduct the 30[th] AGM

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. December 26, 2020

For Seya Industries Ltd

Manisha Solanki Company Secretary & Compliance Officer

Mumbai, December 28, 2020

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CIN: L99999MH1990PLC058499

Annexure -B

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Home Validate Import XML
General information about company
Scrip code 524324
NSE Symbol SEYAIND
MSEI Symbol NOTLISTED
ISIN INE573R01012
Name of the company SEYA INDUSTRIES LTD
Type of meeting AGM
Date of the meeting / last day of receipt of
26-12-2020
postal ballot forms (in case of Postal Ballot)
Start time of the meeting 11:00 AM
End time of the meeting 12:40 PM
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For Seya Industries Ltd

Manisha Solanki Company Secretary

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Scrutinizer Details
Name of the Scrutinizer Mrs. Disha Sha
Firms Name Disha Shah & Associates
Qualification CS
Membership Number 46867
Date of Board Meeting in which appointed 14-11-2020
Date of Issuance of Report to the company 28-12-2020
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For Seya Industries Ltd Manisha Solanki Company Secretary

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Voting results
Record date 19-12-2020
Total number of shareholders on record date 13762
No. of shareholders present in the meeting either in person or through proxy
a) Promoters and Promoter group 2
b) Public 30
No. of shareholders attended the meeting through video conferencing
a) Promoters and Promoter group 0
b) Public 0
No. of resolution passed in the meeting 7
Disclosure of notes on voting results Add Notes
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For Seya Industries Ltd Manisha Solanki Company Secretary

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Resolution (1)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Adoption of Audited Financial Statements of the Company for the Financial Year ended March 31,
Description of resolution considered
2020, the reports of the Board of Directors and Auditors thereon
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 1960656 0 100.0000 0.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 1960656 0 100.0000 0.0000
E-Voting 807625 10.9956 807575 50 99.9938 0.0062
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807975 50 99.9938 0.0062
Total Total 26570540 12447536 46.8471 12447486 50 99.9996 0.0004
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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For Seya Industries Ltd Manisha Solanki Company Secretary

	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd
		y
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary

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Resolution (2)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Description of resolution considered Re-appointment of Mr. Asit Kumar Bhowmik (DIN: 03522132) Director retiring by rotation
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 1960656 0 100.0000 0.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 1960656 0 100.0000 0.0000
E-Voting 807625 10.9956 807475 150 99.9814 0.0186
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807875 150 99.9814 0.0186
Total Total 26570540 12447536 46.8471 12447386 150 99.9988 0.0012
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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	Details of Invalid Votes	For Seya Industr	ies Ltd
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary	Manisha Solanki

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Resolution (3)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Appointment of S.S. Patwardhan & Co. Chartered Accountant as a Statutory Auditor of the
Description of resolution considered
Company in place of M/s. Anil Chauhan & Associates, Chartered Accountant
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 0 1960656 0.0000 100.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 0 1960656 0.0000 100.0000
E-Voting 807625 10.9956 807575 50 99.9938 0.0062
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807975 50 99.9938 0.0062
Total Total 26570540 12447536 46.8471 10486830 1960706 84.2482 15.7518
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd
		For Seya Indust
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary	Manisha Solank

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Resolution (4)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Description of resolution considered Appointment of Mr. Ronen Joshi (DIN: 08167071) as an Independent Director
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 1960656 0 100.0000 0.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 1960656 0 100.0000 0.0000
E-Voting 807625 10.9956 807475 150 99.9814 0.0186
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807875 150 99.9814 0.0186
Total Total 26570540 12447536 46.8471 12447386 150 99.9988 0.0012
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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	Details of Invalid Votes For Seya Industries Ltd
		For Seya Indus
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary	Manisha Solan

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Resolution (5)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579) as an Independent Director of the
Description of resolution considered
Company
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 1960656 0 100.0000 0.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 1960656 0 100.0000 0.0000
E-Voting 807625 10.9956 807475 150 99.9814 0.0186
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807875 150 99.9814 0.0186
Total Total 26570540 12447536 46.8471 12447386 150 99.9988 0.0012
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd
		y
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary	Manisha Solank

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Resolution (6)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Description of resolution considered Appointment of Mr. Sivaprasad Rao Buddi (DIN: 08891339) as an Executive Director
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 0 1960656 0.0000 100.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 0 1960656 0.0000 100.0000
E-Voting 807625 10.9956 807475 150 99.9814 0.0186
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807875 150 99.9814 0.0186
Total Total 26570540 12447536 46.8471 10486730 1960806 84.2474 15.7526
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd
		For Seya Indust
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary	Manisha Solank

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Resolution (7)
Resolution required: (Ordinary / Special) Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? No
Description of resolution considered Ratificcation of remuneration of the Cost Auditor
% of Votes polled % of votes in
No. of votes No. of votes – in No. of votes – % of Votes against
Category Mode of voting No. of shares held on outstanding favour on votes
polled favour against on votes polled
shares polled
(1) (2) (3)=[(2)/(1)]100 (4) (5) (6)=[(4)/(2)]100 (7)=[(5)/(2)]100
E-Voting 3176937 18.4026 3176937 0 100.0000 0.0000
Promoter and Poll 17263506 6501918 37.6628 6501918 0 100.0000 0.0000
Promoter Group
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 17263506 9678855 56.0654 9678855 0 100.0000 0.0000
E-Voting 1960656 99.9286 1960656 0 100.0000 0.0000
Public- Poll 1962056 0 0.0000 0 0 0 0
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 1962056 1960656 99.9286 1960656 0 100.0000 0.0000
E-Voting 807625 10.9956 807575 50 99.9938 0.0062
Public- Non Poll 7344978 400 0.0054 400 0 100.0000 0.0000
Institutions
Postal Ballot (if applicable) 0 0.0000 0 0 0 0
Total 7344978 808025 11.0011 807975 50 99.9938 0.0062
Total Total 26570540 12447536 46.8471 12447486 50 99.9996 0.0004
Whether resolution is Pass or Not. Yes
Disclosure of notes on resolution Add Notes
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	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd	Details of Invalid Votes For Seya Industries Ltd
		For Seya Indust
	No. of Votes Category
	0 0 0 Promoter and Promoter Group Public Insitutions Public - Non Insitutions Manisha Solanki Company Secretary

Annexure - C

Disha Shah & Associates

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PRACTISING COMPANY SECRETARY

Office: A-203, Prathmesh Avenue, Datta Mandir Road, Malad (E), Mumbai - 400097 E-mail Id: csdishalS@gmail.com Mob:7666351444

CONSOLIDATED REPORT OF THE SCRUTINIZER

[Pursuant to Section 108 of the Companies Act, 2013 and rules framed thereunder]

To

The Chairman/ Company Secretary

Seya Industries Limited

T- 14, M.I.D.C. Tarapur, Boisar, DIST. Thane, 401506.

Dear Sir / Madam,

• Sub: Consolidated Scrutinizer's Report for passing of Resolutions through Remote E­ Voting & E-Voting conducted pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 at the 30th Annual General Meeting (AGM) of the held on Saturday, 26th December, 2020 at 11:00 a.m. at T- 14, M.1.D.C. Tarapur, Boisar, DIST. Thane, 401506.

• I, CS Disha Shah, Proprietor, M/s. Disha Shah & Associates, Company Secretaries, Mumbai was appointed as Scrutinizer by the Board of Directors of the Company for the purpose of scrutinizing the process of voting through electronic means ("e­ voting") in terms of the provisions of Section 108 of the Companies Act, 2013 ('the Act') read with Rule 20 of the Companies (Management and Administration) Rules, 2014 ('the rules') as amended from time to time and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in a fair and transparent manner to conduct the electronic voting process held between Wednesday 23, 2020 at 9.00 a.m. to December 25, 2020 at 5.00 p.m. and to scrutinize the voting by poll taken at 3Qth Annual General Meeting (AGM) of the Company on the Resolutions contained in the Notice of the AGM of the members of the Company, held on Saturday, December 26, 2020 at 11.00 a.m. at its registered office at T -14, MIDC, Tarapur Industrial Area, Boisar, Dist. Palghar - 401506.

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Page 1 of 10

1. The management of the Company is responsible to ensure the compliances with the requirements of the Companies Act, 2013, the Rules and MCA Circulars relating to remote e-voting prior and voting during the AGM on the resolutions contained in the aforesaid Notice of AGM of the members of the Company. My responsibility as a Scrutinizer for the e-voting or voting at AGM process is restricted to make a Consolidated Scrutinizer's Report of the votes cast 'in favour' or 'against' the resolutions stated in the said Notice, based on the reports generated from the e-voting system provided by Central Depository Services Limited ("CDSL"}, the agency engaged by the Company to provide remote e-voting facility prior and during the AGM, and that the e-voting is conducted in a fair and transparent manner.

2. As per the confirmation received from the Company:

3. a. The Notice of the AGM dated November 14, 2020 along with Statement setting out material facts under Section 102 of the Act was sent to the members by e-mail to those shareholders, whose e-mail id is registered with the Registrar and Share Transfer Agent/ Company/ Depositories.

4. b. The said Notice was sent on the basis of Register of Members made available by M/s. Universal Capital Services Private Limited, Mumbai the Registrar and Share Transfer Agent of the Company ("the RTA"} and the list of beneficial owners made available by the depositories viz., Central Depository Services Limited (CDSL} as on 27th November, 2020.

5. In terms of the aforesaid Notice, remote e-voting period was kept open for 3 (three} days from Wednesday, 23rd December, 2020 (09.00 a.m. IST} till Friday, 25th December, 2020 (5.00 p.m. IST}.

6. The voting rights of members was considered in proportion to the shares held by them in the paid-up equity share capital of the Company as on the cut-off date i.e., Saturday 19th December, 2020.

7. As required under the said rules, after the conclusion of physical voting by polling papers at the AGM, the votes cast through polling paper were counted; thereafter the votes cast under the e-voting facility were unblocked in the presence of Mr. Parth Joshi and Mrs. Tanvi Shah who are not in employment with the Company.

8. I have scrutinized and reviewed the remote e-voting and voting at the AGM venue and votes cast therein based on the data downloaded from the CDSL (https://www.evotingindia.com} e-voting system and the summary of the e-voting and voting at the AGM venue is as follows:

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Page 2 of 10

A. ORDINARY BUSINESS

Resolution No.1

Particulars	Particulars	Particulars	Ordinar Resolution: To receive, consider and adopt the Audited Financial Statement of te Company for the fnancial year ended 31s March, 2020 togeter with the Report of the Board of Director's and te Auditor's thereon.	Ordinar Resolution: To receive, consider and adopt the Audited Financial Statement of te Company for the fnancial year ended 31s March, 2020 togeter with the Report of the Board of Director's and te Auditor's thereon.	Ordinar Resolution: To receive, consider and adopt the Audited Financial Statement of te Company for the fnancial year ended 31s March, 2020 togeter with the Report of the Board of Director's and te Auditor's thereon.	Ordinar Resolution: To receive, consider and adopt the Audited Financial Statement of te Company for the fnancial year ended 31s March, 2020 togeter with the Report of the Board of Director's and te Auditor's thereon.	Ordinar Resolution: To receive, consider and adopt the Audited Financial Statement of te Company for the fnancial year ended 31s March, 2020 togeter with the Report of the Board of Director's and te Auditor's thereon.
Whether promoter /promoter group are interested in the agenda _I_resolution?			No
Categor	Mode of Voting	No. of Shares held	No. of votes polled	%of Votes Polled on outtand ing shares	No. of votes- in favour	No. %of of votes in vote fvour s- on votes agai polled nst	% of Votes agains t on votes polled
Prmoter and Prmoter group	E- Votng Po11	17263506	3176937	18.403	3176937	0 100.000	0.000
			6501918	37.663	6501918	0 100.000	0.000
	Postal Ba11ot		-	-	-	- -	-
	Totl	17263506	9678855	56.065	9678855	0 100.000	0.000
Public- Institution s Public- Non Institution s	E- Votng Po11 Postal Ba11ot	1962056	1960656	99.929	1960656	0 100.000	0.000
			0 -	0.000 -	0 -	0 0.000 - -	0.000 -
	Totl E- Votng	1962056 7344978	1960656 807625	99.929 10.996	1960656 807575	0 100.000 50 99.994	0.000 0.006
	Po11		400	0.005	400	0 100.000	0.000
	Postal Ba11ot		-	-	-	- -	-
	Totl	7344978	808025	11.001	807975	~~so~~ 99.994	0.006
Total		26570540	1247536	46.847	1247486	~~so~~ 100.000	0.000

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the number of votes cast against accordingly the resolution may be considered as passed with requisite majority. Invalid Votes: There were no invalid votes.

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Page 3 of 10

Resolution No.2

Resolution No.2	Resolution No.2	Resolution No.2
Particulars			Ordinary Resoluton: To appoint a Director in place of Mr. Asit Kumar Bhowmik (DIN: 0352213 2), who retires by rotation and being eligible, seeks re- appointment.
Whether promoter/promoter group are interested in the agenda _I_resolution? Category Mode No. of of Shares Voting held			No No. of o f No. of votes No. o f votes Votes -in fvour of votes in polled Polled on vote favour outstand s- on ing agai votes shares nst polled % of Votes agains t on votes polled
Promoter and Promoter group	E- Voting Poll	17263506	3176937	18.403	3176937	0	100.000	0.000
			6501918	37.663	6501918	0	100.000	0.000
	Postal Ballot		-	-	-	-	-	-
	Total	17 263506	9678855	56.065	9678855	0	100.000	0.000
Public- Institution s	E- Voting Poll	1962056	1960656	99.929	1960656	0	100.000	0.000
			0	0.000	0	0	0.000	0.000
	Postal Ballot		-	-	-	-	-	-
	Total	1962056	1960656	99.929	1960656	0	100.000	0.000
Public- Non Institution s	E- Voting	7344978 7 344978	807625	10.996	807475	150	99.981	0.019
	Poll		400	0.005	400	0	100.000	0.000
	Postal Ballot Total		- 808025	- 11.001	- 807875	- 150	- 99.981	- 0.019
Total		26570540	1247536	46.847	1247386	150	99.999	0.001

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the number of votes cast against accordingly the resolution may be considered as passed with requisite majority.

Invalid Votes: There were no invalid votes.

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Page4 of 10

Resolution No. 03

Particulars	Particulars	Ordinary Resolution: To appoint auditors and to fix their remuneration.	Ordinary Resolution: To appoint auditors and to fix their remuneration.	Ordinary Resolution: To appoint auditors and to fix their remuneration.	Ordinary Resolution: To appoint auditors and to fix their remuneration.	Ordinary Resolution: To appoint auditors and to fix their remuneration.
Whether promoter /promoter group are interested in the agenda _I_resolution?		No
Category	Mode No.of of Shares Voting held	No. of %of votes Votes polled Polled on outs tan ding shares	No.of votes - in favour	No.of votes- against	%of votes in favour on votes polled	% of Votes against on votes polled
Promoter and Promoter group Public- Insttution s	E- Voting Poll 17263506 Postl Ballot	3176937 18.403	3176937	0	100.000	0.000
		6501918 37.663	6501918	0	100.000	0.000
		- -	-	-	-	-
	Total 17263506 E- Voting Poll 1962056 Postal Ballot	9678855 56.065 1960656 99.929	9678855 0	0 1960656	100.000 0.000	0.000 100.000
		0 0.000 - -	0 -	0 -	0.000 -	0.000 -
	Total 1962056	1960656 99.929	0	1960656	0.000	100.000
Public- Non Insttution s	E- Voting Poll 7344978 Postal Ballot Total 7344978	80725 10.996 400 0.005 - - 808025 11.001	807575 400 - 807975	50 0 - 50	99.994 100.000 - 99.994	0.006 0.000 - 0.006
Total	26570540	1247536 46.847	1086830	1960706	84.248	15.752

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the number of votes cast against accordingly the resolution may be considered as passed with requisite majority.

Invalid Votes: There were no invalid votes.

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Page 5 of 10

Resolution No. 04

Particulars	Particulars	Ordinary Resolution: AppointmentofMr.Ron enJoshi (DIN: 08167071) Independent Director of the Company. asan	Ordinary Resolution: AppointmentofMr.Ron enJoshi (DIN: 08167071) Independent Director of the Company. asan	Ordinary Resolution: AppointmentofMr.Ron enJoshi (DIN: 08167071) Independent Director of the Company. asan	Ordinary Resolution: AppointmentofMr.Ron enJoshi (DIN: 08167071) Independent Director of the Company. asan	Ordinary Resolution: AppointmentofMr.Ron enJoshi (DIN: 08167071) Independent Director of the Company. asan
Whether promoter /promoter group are interested in the agenda /resolution?		No
Category	Mode No.of of Shares Voting held	No. of %of votes Votes polled Polled on outstand ing shares	No.of votes - in favour	No. of vote s- agai nst	%of votes in favour on votes polled	% of Votes agains t on votes polled
Promoter and Promoter group	E- Voting Poll 17263506 Postl Ballot Total 17263506	3176937 18.403 6501918 37.663	3176937 6501918	0 0	100.000 100.000	0.000 0.000
		- - 9678855 56.065	- 9678855	- 0	- 100.000	- 0.000
Public- Insttution s	E- Voting Poll 1962056 Postal Ballot	1960656 99.929 0 0.000	1960656 0	0 0	100.000 0.000	0.000 0.000
		- -	-	-	-	-
	Total 1962056	1960656 99.929	1960656	0	100.000	0.000
Public- Non Insttution s	E- Voting Poll 7344978 Postal Ballot	807625 10.996	807475	150	99.981	0.019
		400 0.005	400	0	100.000	0.000
		- -	-	-	-	-
	Total 7344978	808025 11.001	807875	150	99.981	0.019
Total	26570540	1247536 46.847	12447386	150	99.999	0.001

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the number of votes cast against accordingly the resolution may be considered as passed with requisite majority.

Invalid Votes: There were no invalid votes.

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Resolution No. 05

Particulars Whether promoter /promoter group are interested in the agenda _I_resolution?	Particulars Whether promoter /promoter group are interested in the agenda _I_resolution?	Ordinary Resolution: Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579} as an Independent Director of the Companv. No	Ordinary Resolution: Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579} as an Independent Director of the Companv. No	Ordinary Resolution: Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579} as an Independent Director of the Companv. No	Ordinary Resolution: Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579} as an Independent Director of the Companv. No	Ordinary Resolution: Appointment of Mr. Amit Chandrakant Pandya (DIN: 08878579} as an Independent Director of the Companv. No
Category	Mode No.of of Shares Voting held	No. of %of votes Votes polled Polled on outstand ing shares	No.of votes - in favour	No. of vote s- agai nst	%of votes in favour on votes polled	% of Votes agains t on votes polled
Promoter and Promoter group Public- Insttution s	E- Voting Poll 17263506 Postl Ballot	3176937 18.403	3176937	0	100.000	0.000
		6501918 37.663	601918	0	100.000	0.000
		- -	-	-	-	-
	Total 17263506 E- Voting Poll 1962056 Postal Ballot	9678855 56.065 1960656 99.929	9678855 1960656	0 0	100.000 100.000	0.000 0.000
		0 0.000 - -	0 -	0 -	0.000 -	0.000 -
	Total 1962056	1960656 99.929	1960656	0	100.000	0.000
Public- Non Insttution s	E- Voting Poll 7344978 Postal Ballot Total 7344978	807625 10.996 400 0.005 - - 808025 11.001	807475 400 - 807875	150 0 - 150	99.981 100.000 - 99.981	0.019 0.000 - 0.019
Total	26570540	12447536 46.847	1247386	150	99.999	0.001

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the

number of votes cast against accordingly the resolution may be considered as passed with requisite majority.

Invalid Votes: There were no invalid votes.

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Page 7 of 10

Resolution No. 06

Particulars Whether promoter /promoter groupareinterestedinthe agenda_I_resolution?	Particulars Whether promoter /promoter groupareinterestedinthe agenda_I_resolution?	Particulars Whether promoter /promoter groupareinterestedinthe agenda_I_resolution?	Ordinary Resolution: Appointment of Mr. Siva Prasad Rao Buddi (DIN: 08891339) as an Executive Director of the Companv. No	Ordinary Resolution: Appointment of Mr. Siva Prasad Rao Buddi (DIN: 08891339) as an Executive Director of the Companv. No
Categor y	Mode of Volin g	No.of Shares held	No. of %of votes Votes polled Polled on outstand ing shares	No.of No.of %of votes - votes- votes in in favour against favour on votes polled % of Votes against on votes polled
Promote r and Promote r group	E- Voting Poll	17263506	3176937 18.403 6501918 37.663	3176937 0 100.000 6501918 0 100.000 0.000 0.000
	Postal Ballot		- -	- - - -
	Total	17263506	9678855 56.065	9678855 0 100.000 0.000
Public- Insttutio ns	E- Voting Poll	1962056	1960656 99.929	0 1960656 0.000 100.000
			0 0.000	0 0 0.000 0.000
	Postal Ballot		- -	- - - -
	Total	1962056	1960656 99.929	0 1960656 0.000 100.000
Public- Non Insttutio ns Total	E- Voting Poll	7344978	807625 10.996	807475 150 99.981 0.019
			400 0.005	400 0 100.000 0.000
	Postal Ballot		- -	- - - -
	Total	7344978 26570540	808025 11.001 12447536 46.847	807875 150 99.981 1086730 1960806 8.247 0.019 15.753

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the number of votes cast against accordingly the resolution may be considered as passed with requisite majority.

Invalid Votes: There were no invalid votes.

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Page 8 of 10

Resolution No. 07

Particulars	Particulars	Ordinary Resolution: Ratifcation of remuneration of Cost Auditor fr F.Y.2020-21.	Ordinary Resolution: Ratifcation of remuneration of Cost Auditor fr F.Y.2020-21.	Ordinary Resolution: Ratifcation of remuneration of Cost Auditor fr F.Y.2020-21.	Ordinary Resolution: Ratifcation of remuneration of Cost Auditor fr F.Y.2020-21.
Whether promoter /promoter group are interested in the agenda _I_resolution? Category Mode No.of of Shares Voting held		No No. of %of No. of votes No. %of votes Votes - in favour of votes in polled Polled on vot favour outstand es- on votes ing ag polled shares ain st % of Votes a gains t on votes polled
Promoter and Promoter group	E- Voting Poll 17263506 Postal Ballot	3176937 18.403	3176937 0	100.000	0.000
		6501918 37.663	6501918 0	100.000	0.000
		- -	- -	-	-
	Total 17263506	9678855 56.065	9678855 0	100.000	0.000
Public- Insttution s Public- Non Insttution s Total	E- Voting Poll 1962056 Postal Ballot	1960656 99.929	1960656 0	100.000	0.000
		0 0.000	0 0	0.000	0.000
		- -	- -	-	-
	Total 1962056 E- Voting Poll 7344978 Postl Ballot Total 7344978 26570540	1960656 99.929 807625 10.996	1960656 0 807575 50	100.000 99.994	0.000 0.006
		400 0.005 - - 808025 11.001 12447536 46.847	400 0 - - 807975 50 12447486 50	100.000 - 99.994 100.000	0.000 - 0.006 0.000

Result: We report that the number of votes cast in favour of the aforesaid Resolution is more than the number of votes cast against accordingly the resolution may be considered as passed with requisite majority.

Invalid Votes: There were no invalid votes.

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Page 9 of 10

We further report that:

• We have received all the documents as mentioned in Sections 105 and 113 of the Act and such other applicable provisions under the relevant Rules, thereunder, together with Attendance Registers and also the Ballot Box used at the venue of the AGM, duly sealed; and

• a.

• b. The Registers, all other papers and relevant records relating to E-Voting and voting through Poll papers at the AGM, shall remain in my safe custody until the Chairman considers, approves and signs the Minutes of the aforesaid AGM and thereafter the same will be handed over to the Chairman/ Authorised Signatory of the Com parry for safe keeping.

Thanking You.

For Disha Shah & Associates Company Secretaries

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Place: Mumbai Date: December 28, 2020 UDIN:A046867B001682864

Disha Shah Proprietor M. No. ACS 46867 C.P. No. 19235

Countersigned by

Chairperson/ Authorized Person Seya Industries Limited

Place: Mumbai Date: December 28, 2020

Page 10 of 10