Shah Construction Co. Ltd. — AGM Information 2022

Sep 28, 2022

SHAH CONSTRUCTION COMPANY LIMITED

Reg.off. 11 Shah Industrial Estate, Opp Anna Temple, New Link Road, Andheri West , Mumbai 400053 Phone No .: 022- 66920678  Email Id : scclindia@yahoo.co.in  Website : www.shah-construction.in CIN: L45202MH1949PLC007048

Date: 28[th] September, 2022

To, Corporate Relationship Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001.

Scrip Code: 509870

Dear Sir/Madam,

Sub: - Proceedings/ Outcome of 74[th] Annual General Meeting of the Company.

Ref: - Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the proceedings of 74[th] Annual General Meeting of the Company held on Tuesday, September 27, 2022 at 3.00 p.m. through Video Conferencing VC")/ Other Audio Visual Means ("OAVM").

We request you to take the above on record.

Thanking You, Yours Faithfully, For SHAH CONSTRUCTION COMPANY LIMITED

Digitally signed by MEHUL MEHUL JADAVJI SHAH JADAVJI SHAH Date: 2022.09.28 13:58:03 +05'30'

MEHUL JADAVJI SHAH MANAGING DIRECTOR DIN: 00933528

Proceedings of 74[th] Annual General Meeting (AGM) of Shah Construction Company Limited

The 74[th] Annual General Meeting was held at on Tuesday, September 27, 2022 at 03.00 P.M. through Video Conferencing and Other Audio Visual Means in Compliance with the circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India. 18 members attended the meeting through Video Conferencing.

Mr. Mehul Shah, Chairman and Managing Director chaired the Meeting:

Ms. Anita Vyas, Company Secretary read out the Chairman’s speech on behalf of Mr. Mehul Shah who is presiding over the meeting.

After ascertaining that the requisite quorum was present through VC/OAVM the Chairman called the meeting in order. The meeting was attended by all the Directors of the Company except Ms. Jaywanti Jadavji Shah. The Chief Financial Officer and Company Secretary and Compliance Officer were also present at the meeting.

The Chairman of the Audit Committee, Chairman Nomination and Remuneration Committee and Chairman of Stakeholders Relationship Committee were present at this meeting.

Further, Chairman informed that the Representatives of Statutory Auditor of the Company was present at the meeting.

Further, Chairman informed that the Secretarial Auditor of the Company was also present at the meeting.

The Company Secretary stated that the facility for remote e-voting on all the resolutions as set out in the Notice of the AGM had been provided to the shareholders in proportion to their voting rights as on the cut-off date of Tuesday September 20, 2022. The-voting period commenced at 9:00 AM on Saturday, September 24, 2022 and concluded at 5:00 PM on Monday, September 26, 2022. He also informed that voting by electronic means was also available during the AGM to those shareholders who had not already voted by means of remote e-voting.

The following items as stated in the Notice of 74[th] AGM were then taken up for consideration:

Item No.	Resolutions
	Ordinary Business
1.	To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon.
2.	To appoint a Director in place of Mr. Dinesh Keshardeo Poddar (DIN: 00158597) who retires byrotation and, beingeligible, offers himself for re-appointment.
3.	To appoint a Director in place of Mr. Mehul Jadavji Shah (DIN: 00933528) who retires byrotation and, beingeligible, offers himself for re-appointment.
	Special Business
4.	To appoint Mr. Ravindra Kanji Myatra (DIN: 00298604) as an Independent and Non-Executive Director of the company.

Then, the Chairman invited the Members to ask questions/ queries or clarifications, if any, share their comments and also offer suggestions. No questions/ queries were raised by the Members.

The Consolidated results of remote e-voting and electronic voting would be declared within two working days of the conclusion of the AGM upon receipt of the Scrutinizer's Report. The same shall be posted on the Company's website www.shah-construction.in and communicated to the Stock Exchanges viz. BSE Ltd.

The said meeting concluded at 3.15 p.m. with a vote of thanks.

Kindly take the same on records.

Thanking You, Yours Faithfully, For SHAH CONSTRUCTION COMPANY LIMITED

Digitally signed by MEHUL MEHUL JADAVJI SHAH JADAVJI SHAH Date: 2022.09.28 13:58:27 +05'30'

MEHUL JADAVJI SHAH MANAGING DIRECTOR DIN: 00933528