Shalimar Paints Ltd. — AGM Information 2021

Sep 29, 2021

BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department, Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot no. C/1, G Block Rotunda Building, P J Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai-— 400001 Mumbai-400051

(Scrip Code: BSE — 509874, NSE — SHALPAINTS)

Kind Attn. Listing Section

Sub.: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of 119" Annual General Meeting of Shalimar Paints Limited held on 29" September, ²⁰²¹

Dear Sir,

This is to inform you that the 119" Annual General Meeting ("AGM") of Shalimar Paints Limited ("the Company") has been held today i.e. Wednesday, 29™ September, 2021 at 12:30 PM through Video Conference (VC) /Other Audio Visual Means (OAVM) in accordance with the applicable provisions of Companies Act, 2013 read with the Rules issued thereunder, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the circulars issued by the Ministry of Corporate Affairs and the SEBI. "

Dr. Rajeev Uberoi, Chairman of the Board, chaired the meeting. With the presence of requisite quorum as per Section 103 of the Companies Act, 2013, the meeting was called to order. The members were informed that the Company had taken all requisite steps under the current circumstances to enable the members to participate through video conference and electronically vote at the AGM. The members were then apprised about the performance of the Company and its future prospects.

The Notice convening the AGM and the Annual Report of the Company for the financial year ended 31 March, 2021, were taken as read as the same were already circulated to the members. The Reports of the Statutory Auditors and the Secretarial Auditors were not required to be read as they did not contain any adverse comments/ qualification.

It was then informed that pursuant to the provisions of the Companies Act, 2013 read with Rules framed thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had extended remote e-voting facility to the Members of the Company in respect of the Resolutions mentioned in the Notice convening the AGM. The remote e-voting commenced at 10:00 a.m. (IST) on 26™ September, 2021 and ended at 5.00 p.m. (IST) on 28" September, 2021. The Company engaged the services of Beetal Financial Computer Services Private Limited ("Registrar") as the authorised agency to provide the facility to attend and vote electronically at the AGM.

Mr. Naveen Shree Pandey, Practicing Company Secretary, was appointed as the Scrutinizer for the purpose of scrutinizing the remote e-voting and e-voting at the AGM in a fair and transparent manner. The members were further informed that the Scrutinizer will consider the votes casted through remote e-voting and e-voting at the AGM and will then prepare consolidated r. gERA//P voting on the resolutions. 'ss ap

Corporate Office: 1" Floor, Plot No. 28, Sector 32, Gurugram - 122001, Haryana Regd. Office: Stainless Centre, 4" Floor, Plot No. 50, Sector 32, Gurugram - 122001 Haryana Call: +91 124 461 6600 Fax: +91 124 461 6659 Toll Free: 1800-103-6509 | Email Id: askus{@shalimarpaints.com Website: www.shalimarpaints.com CIN: L24222HR1902PLC065611

After that the following agenda items as set out in the AGM Notice were taken up while briefly explaining the objective and implications, wherever necessary:

		SHALIMAR PAINTS
After that the following agenda items as set out in the AGM Notice were taken up while briefly explaining the objective and implications, wherever necessary:
No.	Item Business	Particulars
1	Ordinary Business	consider and receive, adopt: To audited standalone the financial (a) statements of the Company for the financial year ended on 31st March, 2021, with the Reports of Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended on 31st March, 2021 with the Report of the Auditors
2	Ordinary	thereon. appoint Director Ashok Kumar To place Gupta Mr. (DIN: of a in
	Business	01722395), who retires by rotation and being eligible, offers himself for re-appointment.
3	Special Business	Appointment Kumar Sharma 01468701) Mr. Vijay Non (DIN: of as Executive independent director of the Company
4	Special Business	Appointment 01731829) Rajeev Uberoi Non-Executive (DIN: of Dr. as independent director of the Company

The members were then requested to ask questions on the agenda items as set out in the Notice convening the 119™ AGM of the Company and other related matters. The queries were suitably replied by Mr. Ashok Kumar Gupta- Managing Director of the Company

The Members were further informed that based on the consolidated report of the Scrutinizer, the Company will submit the result of voting to the Stock Exchanges where the shares of the Company are listed within the prescribed time limit and shall place the same on website of the Company and Registrar.

The Chairman, thereafter, thanked all the members for their participation at the AGM and authorised the Company Secretary to accept the consolidated report of the scrutinizer and declare the results of voting within the prescribed time limit. ,

The facility to electronically vote was made available at the AGM for the members who had not cast their vote earlier through remote e-voting. The members were informed that electronic voting on the platform of Registrar would continue for another 15 minutes to enable the members to cast their votes. The meeting was thereafter concluded at 01:35 P.M. with a vote of thanks to the Chair.

Please take the above information on your record.

Thanking you,

Yours faithfully, For Shalimar Paints Limited

| Shalimar Paints Ltd. ^|Corporate Office: 1* Floor, Plot No. 28, Sector 32, Guru | ⁵SHALIMAR ; . 28, ; gram - 122001, Haryana | Regd. Office: Stainless Centre, 4" Floor, Plot No. 50, Sector 32, Sonugeani 122001 Haryana | Call: +91 124 461 6600 Fax: +91 124 461 6659 Toll Free: 1800-103-6509 , | Email Id: askusfashalimarpaints.com Website: www.shalimarpaints.com CIN: L24222HR1902PLC065611