Shree Vasu Logistics Limited — AGM Information 2021

Aug 18, 2021

SHRCC VASU LOGISTICS LTD.

August 18,2021 To, The Manager- Listing Deparhenf National Stock Exchange of India Limited Exchange Plaza,Sm Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai- 400051

Stock Symbol:SVLL

Sub: Intimation of 15th Amual General Meeting and Book Closure of Register of Member and Share Transfer Books.

Dear Sir/Ma'am,

Pursuant to Regulation 30(2) read with Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that L5ft Annual General Meeting (AGM) of the members of Shree Vasu logistics limited (the company) will be held on Thursday, September 09,2021. at 0L:00 p.m. at the registered office of the company situated at logistics park, opp. Jaika Automobiles, Ring Road no. L, Raipur- 49200'1, Chhattis garh.

Pursuant to Regulation42 oI the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Register of Member and Share Transfer Books of the Company will remain closed from September 03m, 2021to September O9l*-, 2021. (both days indusive) for taking record of the Members of the Company for the pupose of Annual General Meeting.

Symbol	Type of	Book Closure (Both Days Inclusive)		Record	Purpose
	Security	From	To	Date
SVLL	Equity	03.09.2021	09.09.202'1.		Annual General
					Meeting

Kindly inform to all the concerned and take the same on your record and display the same on the website of the Stock Exchange.

Yours Faithfully For, Shree Vasu Lo .\Ts Abhishet'Gupta Company M. No.:64881 Encl: Notice of AGM o\ lo lcn ro,v) r.IlI Er.\

Regd. Office : Logistics Park Opp. JaikaAutomobiles, Ring Road No. 1, Raipura, Raipur 492013 (C.G.) Phone t0771-6614804,Fax:0771-66'14848, Email :happy2help@logisticpark.biz CIN : L51 1 09GT2007PLC020232

NOTICE

NOTICE IS HEREBY GIVEN THAT THE 15TH ANNUAL GENERAL MEETING (AGM) OF THE MEMBERS OF SHREE VASU LOGISTICS LIMITED (THE COMPANY) WILL BE HELD ON THURSDAY, SEPTEMBER 09, 2021 AT 01:00 P.M. AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT LOGISTICS PARK, OPP. JAIKA AUTOMOBILES, RING ROAD NO. 1, RAIPUR- 492001, CHHATTISGARH TO TRANSACT THE FOLLOWING BUSINESS:

ORDINARY BUSINESSES:

1. To adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2021. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2021 and the reports of the Board of Directors and the Auditors thereon and in this regard, if thought fit, to pass the following resolution as an Ordinary Resolution:

"RESOLVED THAT the audited financial statement of the Company for the financial year ended March 31, 2021 and the reports of the Board of Directors and Auditors thereon, as circulated to the members, be and are hereby considered and adopted."

2. Appointment of Mr. Atul Garg (DIN-01349747), as a Director, liable to retire by rotation

To appoint a Director in place of Mr. Atul Garg (DIN-01349747), Managing Director, who retires by rotation and being eligible, offers himself for re-appointment and in this regard, to consider and if thought fit, pass the following resolution as an Ordinary Resolution:

"RESOLVED THAT Mr. Atul Garg (DIN-01349747), Managing Director, who retires by rotation in terms of Section 152 of the Companies Act, 2013 and being eligible for re-appointment, be and is hereby re-appointed as a Director of the Company, whose office shall be liable to retire by rotation."

3. Appointment of M/s. APAS & CO LLP as Statutory Auditors of the Company for filling casual vacancy To consider and if thought fit, to pass the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of section 139 (8) of the Companies Act, 2013 read with rules framed thereunder (including any statutory modifications and re-enactment if any thereof for the time being in force), M/s. APAS & CO LLP, Chartered Accountants, Raipur, (FRN: 000340C/C400308), be and are hereby appointed as Statutory Auditors of the Company, to fill the casual vacancy caused by the resignation of M/s AGRAWAL & PANSARI Chartered Accountants, (FRN: 003350C) and shall hold office from June 12, 2021 until the conclusion of ensuing 15th this Annual General Meeting of the Company at such remuneration plus applicable taxes and out of pocket expenses, as may be determined and recommended by the Audit Committee in consultation with the Auditors and duly approved by the Board of Directors of the Company.

RESOLVED FURTHER THAT the Board of Directors of the Company (including Committee(s) of the Board), be and is hereby authorized to do all such acts, deeds, matters and things as may be considered necessary, desirable or expedient to give effect to this resolution."

4. Appointment of M/s. APAS & CO LLP as Statutory Auditors of the Company

To consider and if thought fit, to pass the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of Section 139, 142 and other applicable provisions of the Companies Act, 2013 and the Rules framed thereunder (including any statutory modification(s) and re-enactment(s) if any thereof for the time being in force), M/s. APAS & CO LLP, Chartered Accountants, Raipur, (FRN: 000340C/C400308) be and are hereby appointed as Statutory Auditors of the Company for a tenure of five years from the conclusion of 15th Annual General

Meeting till the conclusion of the 20th Annual General meeting of the Company at such remuneration plus applicable taxes and out of pocket expenses, as may be determined and recommended by the Audit Committee in consultation with the Auditors and duly approved by the Board of Directors of the Company.

"RESOLVED FURTHER THAT the Board of Directors of the Company (including Committee(s) of the Board), be and is hereby authorized to do all such acts, deeds, matters and things as may be considered necessary, desirable or expedient to give effect to this resolution."

SPECIAL BUSINESSES:

5. Approval for remuneration payable to Mr. Atul Garg (DIN: 01349747), Managing Director of the Company To consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution

"RESOLVED THAT pursuant to the provisions of Section 196, 197, 198 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), the consent of the members be and is hereby accorded that Mr. Atul Garg (DIN: 01349747), Managing Director of the Company be paid remuneration Rs. 3,00,000/- per month w.e.f. April 1, 2021 for a period of 3 years by way of Salary, Perquisites and Allowances as provided in the explanatory statement to the notice, subject to the limits and conditions prescribed under Schedule V of the Companies Act, 2013, as may be amended from time to time.

RESOLVED FURTHER THAT the above remuneration shall be subject to modification, as may be deemed fit by the Board from time to time and subject to the limits and stipulations prescribed by the Companies Act, 2013 read with Schedule V thereto, and/or any guidelines prescribed by the Government from time to time.

RESOLVED FURTHER THAT except for the aforesaid terms of remuneration, all other existing terms and conditions of his appointment as Managing Director of the Company shall remain unchanged.

RESOLVED FURTHER THAT any of the Directors and/or Company Secretary of the Company be and is hereby authorized to file necessary forms with Registrar of Companies and to do all such acts, deeds and things as may be considered necessary to give effect to the above said resolution."

6. Approval for remuneration payable to Mr. Shree Bhushan Garg (DIN: 01349775), Wholetime Director of the Company To consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution

"RESOLVED THAT pursuant to the provisions of Section 196, 197, 198 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), the consent of the members be and is hereby accorded that Mr. Shree Bhushan Garg (DIN: 01349775), Whole Time Director of the Company be paid remuneration Rs. 3,00,000/- per month w.e.f. April 1, 2021 for a period of 3 years by way of Salary, Perquisites and Allowances as provided in the explanatory statement to the notice, subject to the limits and conditions prescribed under Schedule V of the Companies Act, 2013, as may be amended from time to time.

RESOLVED FURTHER THAT the above remuneration shall be subject to modification, as may be deemed fit by the Board from time to time and subject to the limits and stipulations prescribed by the Companies Act, 2013 read with Schedule V thereto, and/or any guidelines prescribed by the Government from time to time.

RESOLVED FURTHER THAT except for the aforesaid terms of remuneration, all other existing terms and conditions of his appointment as Whole Time Director of the Company, shall remain unchanged.

RESOLVED FURTHER THAT any of the Directors and/or Company Secretary of the Company be and is hereby authorized to file necessary forms with Registrar of Companies and to do all such acts, deeds and things as may be considered necessary to give effect to the above said resolution."

7. Approval of remuneration payable to Ms. Preeti Garg, (DIN: 07048745) Non-Executive Director of the Company

To consider and if thought fit, to pass with or without modification(s), the following resolution as an Special Resolution.

"RESOLVED THAT pursuant to the provisions of Section 196, 197 and 198 read with Schedule V of the Companies Act, 2013 ("the Act") and any other applicable provisions of the Act and the Rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force), consent of the Company be and is hereby accorded for the payment of remuneration of an amount of Rs. 190000/- per month to Ms. Preeti Garg (DIN: 07048745) Non executive Director of the Company w.e.f. April 1, 2021 for a period of 3 years by way of Salary, Perquisites and Allowances as provided in the explanatory statement to the notice, subject to the limits and conditions prescribed under Schedule V of the Companies Act, 2013, as may be amended from time to time.

RESOLVED FURTHER THAT any of the Directors and/or Company Secretary of the Company be and is hereby authorized to file necessary forms with Registrar of Companies and to do all such acts, deeds and things as may be considered necessary to give effect to the above said resolution."

By Order of the Board For Shree Vasu Logistics Limited

SD/- C S Abhishek Gupta Company Secretary and Compliance Officer Date : August 10 , 2021 Place: Raipur Registered Office: Logistics Park, Opp. Jaika Automobiles Ring Road No.1, Raipur – 492001.

IMPORTANT NOTES:

(1) EXPLANATORY STATEMENT:

The relative Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 ("Act") setting out material facts concerning the business under Item Nos. 3 to 7 of the Notice, is annexed hereto. The relevant details, pursuant to Regulations36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India, in respect of Directors seeking appointment/re-appointment at this Annual General Meeting ("AGM") are also annexed. Also, additional information asper sub para (B) of Section II of Part II of Schedule V of the Companies Act, 2013 is annexed.

(2) PROXY:

A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO APPOINT ONE OR MORE PROXY (IES) TO ATTEND AND VOTE ON HIS/HER BEHALF AND SUCH PROXY (IES) NEED NOT BE MEMBER(S) OF THE COMPANY.

A Proxy Form, in prescribed format (Form No. MGT-11) is being sent herewith, with instructions for filling, signing and submitting the same. The instrument of Proxy, in order to be effective, must be deposited with the Company at its registered office not less than forty-eight (48) hours before the commencement time of the 15th Annual General Meeting ("the Meeting") of the Company. The Proxy Form, if not complete in all respects, will be considered invalid.

A person can act as a Proxy on behalf of Members not exceeding fifty (50) and holding in the aggregate not more than ten percent (10%) of the total share capital of the Company carrying voting rights. A Member holding more than ten percent (10%) of the total share capital of the Company carrying voting rights may appoint a single person as a Proxy and such person shall not act as a Proxy for any other Member.

If proxy form is signed by authorized representative of body corporate or attorney, certified copy of board resolution / power of attorney / other authority must be attached with the proxy form.

(3) ATTENDANCE SLIP:

Members / proxies /authorized representatives should bring their Attendance Slip attached herewith duly filled and signed in accordance with Specimen Signatures registered with the company to attend the meeting. Members who hold shares in dematerialized form are requested to bring their attendance slips duly completed and signed mentioning therein details of their DP ID and Client ID/ Folio No.

(4) AUTHORISED REPRESENTATIVE:

Corporate Members intending to send their authorized representatives to attend the Meeting pursuant to Section 113 of the Companies Act, 2013 are requested to send to the Company, a certified true copy of the relevant Board Resolution together with their respective specimen signatures authorizing their representative(s) to attend and vote on their behalf at the Meeting.

(5) REGISTRAR AND SHARE TRANSFER AGENT:

The Company's Registrar and Share Transfer Agent for its share registry work (Physical & Dematerialized) is Bigshare Services Private Limited.

(6) REGISTRATION OF TRANSFERS:

SEBI has mandated that for registration of transfer of securities, the transferee(s) as well as transferor(s) shall furnish a copy of their PAN card to the Company for registration of transfer of securities. Also, on June 8, 2018, SEBI vide its Notification No. SEBI/LAD-NRO/GN/2018/24 had amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 and mandated transfer of shares in dematerialized form alone. SEBI w.e.f. April 01, 2019 mandated securities of a listed company can be transferred in dematerialized form only.

(7) CLOSURE OF BOOKS:

Register of Members and the Share Transfer Books of the Company will remain closed from Friday, September 03, 2021 to Thursday, September 09, 2021 (both days inclusive).

(8) NRI SHAREHOLDER:

The non-resident Indian shareholders are requested to inform the company immediately about:

• 1. The change in the residential status on return to India for Permanent settlement.
• 1. The particulars of NRO bank account in India if not furnished earlier.

(9) NOMINATION:

Pursuant to Section 72 of the Companies Act, 2013, member(s) of the Company may nominate a person in whom the shares held by him/them shall vest in the event of his/their unfortunate death. The nomination form may be filed with the respective Depository Participant.

(10) UPDATION OF MEMBERS' DETAILS:

The Securities and Exchange Board of India (SEBI) has mandated the submission of Permanent Account Number (PAN) by every participant in securities market. Members holding shares in electronic form are, therefore, requested to submit the PAN to their Depository Participants with whom they are maintaining their demat account. Members holding shares in physical form can submit their PAN details to the Company or the RTA.

(11) DISPATCH OF NOTICE AND ANNUAL REPORT:

In compliance with the General Circular Nos.14/2020, 17/2020 and 20/2020 and 02/2021 dated April 08, 2020, April 13, 2020 ,May 05, 2020 and January 13, 2021 respectively issued by the Ministry of Corporate Affairs ("MCA Circulars") and SEBI Circular dated May 12, 2020 and January 15,2021 notice of the AGM along with the Annual Report 2020-21 is being sent only through electronic mode to those Members whose email addresses are registered with the Company/ Depositories. Members may note that the Notice and Annual Report 2020-21 will also be available on the Company's website www.shreevasulogistics.com. For receiving all communication (including Annual Report) from the Company electronically, members who have not registered /updated their email address with the Company are requested to register/ update their email addresses with the relevant Depository Participant/ RTA. All documents referred to in the accompanying Notice shall be open for inspection at the Registered Office of the Company during (11.00 a.m. to 6.00 p.m.) on all working days except Saturday up to and including the date of the Annual General Meeting of the Company.

Members may note that the Annual Report 2020-21 is available on the website of the Company at following link: https://shreevasulogistics.com/upload/Annual%20Report%202020-21.pdf

Notice of the Meeting along with Attendance Slip and Proxy Form are available on the website of the Company at following link:https://shreevasulogistics.com/upload/Notice%20of%2015th%20AGM.pdf , https://shreevasulogistics.com/upload/Proxy%20Form%20and%20Attendance%20Slip%20\_15th%20AGM.pdf

(12) INTIMATION OF CHANGE IN THE DETAILS:

Members holding shares in electronic form are requested to intimate immediately any change in their address or email id to their Depository Participants with whom they are maintaining their Demat accounts. Members holding shares in physical form, if any are requested to advise any change in their address or bank mandates immediately to the Company or contact our Registrar and Transfer Agent i.e. Big Share Services Private Limited (Mumbai).

(13) REGISTERS:

The Register of Directors and Key Managerial Personnel and their shareholding, maintained under Section 170 of the Companies Act, 2013 and the Register of Contracts or Arrangements in which Directors are interested, maintained under Section 189 of the Companies Act, 2013, will be available for inspection by the members at the Annual General Meeting.

(14) JOINT-HOLDER:

In case of joint holders attending the AGM, the Member whose name appears as the first holder in the order of names as per the Register of Members of the Company will be entitled to vote.

(15) REMOTE E-VOTING:

E-Voting is not applicable on the companies who have less than 1000 shareholders and listed their securities on the SME platform as per the Amendment in the Rule 20 of the Companies (Management and Administration) Rules, 2014.

(16) REQUEST TO MEMBERS:

Members are requested to send their Queries on Financial Statements and proposals in this Notice, if any, may be sent to the Company at cs@logisticpark.biz at least seven (7) days in advance of the Meeting so as to enable the Board/ Management to respond suitably at the AGM.

(17) ROUTE MAP TO REACH THE VENUE OF THE MEETING:

As per the requirements of SS-2, a route map showing directions to reach the venue of the Meeting is given at the end of this Notice.

Prominent Landmark to reach the venue is opposite Jaika Automobiles near Satyam Balaji showroom.

EXPLANATORY STATEMENT TO BE ANNEXED TO THE NOTICE PURSUANT TO SECTION 102(1) OF THE COMPANIES ACT, 2013 (HEREINAFTER CALLED "THE ACT")

The following Explanatory Statement sets out all the material facts relating to the Special Business under Item No. 3 to 7 of the accompanying this Notice.

Item No. 3 & 4

M/s AGRAWAL & PANSARI Chartered Accountants, (FRN: 003350C) were appointed as Statutory Auditors to hold office from the conclusion of the 12th Annual General Meeting of the Company until the conclusion of the 17th AGM. However, they expressed their inability to continue as Statutory Auditors of the Company up to the conclusion of their appointment period vide their letter dated May 15, 2021 due to other engagements, resulting into a casual vacancy in the office of Statutory Auditors of the Company.

In view of above, the Board of Directors ("Board") on recommendation of Audit Committee of the Company appointed /s. APAS & CO LLP, Chartered Accountants, Raipur, (FRN: 000340C/C400308) as Statutory Auditors of the Company to fill the casual vacancy caused by the said resignation effective from June 12, 2021 till the conclusion of this AGM.

Further, the Board at their meeting held on August 10, 2021 after considering the experience and expertise, has recommended appointment of M/s. APAS & CO LLP, Chartered Accountants, Raipur, (FRN: 000340C/C400308) as Statutory Auditors of the Company to hold office for a tenure of 5 (five) consecutive years from the conclusion of this AGM till the conclusion of the 20th AGM of the Company at such remuneration plus applicable taxes, and out of pocket expenses, as may be determined and recommended by the Audit Committee in consultation with the Auditors and duly approved by the Board of the Company.

The Company has received consent letter and eligibility certificate from M/s. APAS & CO LLP, Chartered Accountants, Raipur, (FRN: 000340C/C400308) of the Company, along with a confirmation that, their appointment, if made, would be within the limits prescribed under the Companies Act, 2013. They have further confirmed that they are not disqualified to be appointed as the Statutory Auditors in terms of the Companies Act 2013 and the rules made thereunder.

The Board recommends the Resolutions set out at Item No. 3 & 4 for approval by the Members.

None of the Directors, Key Managerial Personnel and/or their relatives are in any way concerned or interested, financially or otherwise in the said resolutions.

Item No. 5

Mr. Atul Garg, was appointed as Managing Director of the company w.e.f. 01.02.2018 for a period of 5 (five) years.

The Board of Directors at their meeting held on August 10, 2021 approved the proposal of his remuneration pursuant to the provisions of Section 196, 197, 203, Schedule V (including any statutory modifications, amendments or re-enactments thereto for the time being in force) and all other applicable provisions of the Companies Act, 2013 and subject to approval of the shareholders of the company by way of ordinary resolution as under:

Salary: Rs. 3,00,000 per months with retrospective from April 01, 2021 for a period of 3 years till March 31, 2024.

Perquisites and Other benefits:

1. Insurance: as per the rules of the Company

2. Reimbursement of all the expenses (like travel fare, lodging, boarding, conveyance and other expenses) incurred for self and family during the leave travel holiday periods, whenever undertaken, whether in India or abroad as per Rules of the Company.

3. Leave travel concession: Return passage for self and family in accordance with the rules specified by the company where it is proposed that the leave be spent in home country.

MINIMUM REMUNERATION

In terms of the provisions of Section II of Part II of Schedule V of the Companies Act, 2013, where in any financial year, during the currency of the tenure of managerial personnel, the Company has no profits or its profits are inadequate, the remuneration can be paid by the Company to its managerial personnel as minimum remuneration within the limits arrived at in accordance with the requirements of the said Section II, subject to the following:-

(i) The payment of remuneration is approved by a resolution passed by the Board and also by the Nomination and Remuneration Committee of Directors.

(ii) There is no defaultin repayment of any of its debts or interest payable thereon.

(iii) An ordinary resolution has been passed at a general meeting of the Company.

The Company has inadequate profits in the previous year 2020-21. And in view of the relevant extant provisions of law relating to managerial remuneration, the Company has proposed to comply with the provisions of Section II of Part II of Schedule V of the Companies Act, 2013.

Details; pursuant to Secretarial Standards on General Meetings is annexed to the Notice as Annexure 1.

Statement containing the information as required under Section-II, Part-II of Schedule V to the Companies Act, 2013 is annexed to this notice as Annexure II.

None of the Directors and Key Managerial Personnel of the Company and their relatives except Mr. Atul Garg himself, Mr. Shree Bhushan Garg and Ms. Preeti Garg being relative, are concerned or interested, financially or otherwise, in the resolution set out at Item No. 5.

The Board recommends the resolution set forth in Item No. 5 for the approval of the Members.

Item No. 6

Mr. Shree Bhushan Garg, was appointed as Wholetime Director of the company w.e.f. 1stOctober, 2017 for a period of 5 (five) years.

The Board of Directors at their meeting held on August 10, 2021 approved the proposal of his remuneration pursuant to the provisions of Section 196, 197, 203, Schedule V (including any statutory modifications, amendments or re-enactments thereto for the time being in force) and all other applicable provisions of the Companies Act, 2013 and subject to approval of the shareholders of the company by way of ordinary resolution as under:

Salary: Rs. 3,00,000 per months with retrospective from April 01, 2021 for a period of 3 years till March 31, 2024.

Perquisites and Other benefits:

1. Insurance: as per the rules of the Company

2. Reimbursement of all the expenses (like travel fare, lodging, boarding, conveyance and other expenses) incurred for self and family during the leave travel holiday periods, whenever undertaken, whether in India or abroad as per Rules of the Company.

3. Leave travel concession: Return passage for self and family in accordance with the rules specified by the company where it is proposed that the leave be spent in home country.

MINIMUM REMUNERATION

In terms of the provisions of Section II of Part II of Schedule V of the Companies Act, 2013, where in any financial year, during the currency of the tenure of managerial personnel, the Company has no profits or its profits are inadequate, the remuneration can be paid by the Company to its managerial personnel as minimum remuneration within the limits arrived at in accordance with the requirements of the said Section II, subject to the following:-

(i) The payment of remuneration is approved by a resolution passed by the Board and also by the Nomination and Remuneration Committee of Directors.

(ii) There is no defaultin repayment of any of its debts or interest payable thereon.

(iii) An ordinary resolution has been passed at a general meeting of the Company.

The Company has inadequate profits in the previous year 2020-21. And in view of the relevant extant provisions of law relating to managerial remuneration, the Company has proposed to comply with the provisions of Section II of Part II of Schedule V of the Companies Act, 2013.

Details; pursuant to Secretarial Standards on General Meetings is annexed to the Notice as Annexure 1.

Statement containing the information as required under Section-II, Part-II of Schedule V to the Companies Act, 2013 is annexed to this notice as Annexure II.

None of the Directors and Key Managerial Personnel of the Company and their relatives except Mr. Shree Bhushan Garg himself, Mr. Atul Garg and Ms. Preeti Garg being relative, are concerned or interested, financially or otherwise, in the resolution set out at Item No. 6.

The Board recommends the resolution set forth in Item No. 6 for the approval of the Members.

Item No. 7

Pursuant to the provisions of Section 197, 198 and Schedule V of the Companies Act, 2013 ("the Act") and other applicable provisions of the Act, a company is allowed to pay remuneration to a director who is neither a whole-time director nor a managing director of a company, by way of remuneration. For payment of remuneration in case of inadequate profit Section II of Schedule V has prescribed certain criteria.

The Board of Directors in its meeting held on August 10,2021 approved the proposal of the Nomination and Remuneration Committee to pay Remuneration Rs. 190000/- per month to Ms. Preeti Garg, Non-Executive Director (NED) pursuant to provisions of Schedule V. Therefore, it is proposed to seek member's approval for payment of remuneration to Ms. Preeti Garg.

Details pursuant to Secretarial Standards on General Meetings is annexed to the Notice as Annexure 1.

None of the Directors and Key Managerial Personnel of the Company and their relatives except Ms. Preeti Garg herself, Mr. Shree Bhushan Garg and Mr. Atul Garg being relative, are concerned or interested, financially or otherwise, in the resolution set out at Item No. 7.

The Board recommends the resolution set forth in Item No. 7 for the approval of the Members.

Annexure 1

Details pursuant to Regulation 36 (3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and Secretarial Standards on General Meetings

Sr.	Particulars	Mr. Atul Garg	Mr. Shree Bhushan Garg	Mrs. Preeti Garg
No
1.	Age	45	74	43
2.	Qualifications	B. Com and PGDBM (from Pt. Ravi Shankar Shukla University, Raipur)	Graduate	Graduate in commerce i.e. B. Com.
3.	Experience	25 years	52 years	14 years
4.	Terms and conditions of re-appointment	Appointed as Managing Director for a period of 5 years with effect from 1st February, 2018 to 31st January, 2023 liable to retire by rotation	Appointed as Wholetime Director liable to retire by rotation for a period of 5 years with effect from 1stOctober, 2017 to 30th September, 2022	Appointed as Non Executive Director liable to retire by rotation with effect from 1stDecember, 2017.
5.	Expertise in specific functional areas	Excellent in creating strategic alliances with organization leaders to effectively align with and support key business initiatives. Excel at building and retaining high performance among teams by hiring, developing and motivating skilled professionals.	Effectively exhibit leadership in managing the warehouses & dispatches, with minimum delay, in varied weather conditions and sound knowledge of 3PL working.	Thorough knowledge of finance and accounts
6.	Relationship with other Directors, Manager and	Mr. Shree Bhushan Garg (WTD)- Father Ms. Preeti Garg (NED)- Wife	Mr. Atul Garg (MD)- Son Ms. Preeti Garg (NED)- Son's Wife	Mr. Atul Garg (MD)- Husband Mr. Shree Bhushan Garg (WTD)- Father-

Annual Report 2020-21

	other Key Managerial Personnel, if any			in-Law
7.	Date of first appointment on theBoard	21/03/2007	21/03/2007	01/12/2017
8.	Shareholding in the company	988000	2205000	2000000
9.	The number of Meetings of the Board attended during the FY 2020-2021	3	4	3
10.	Other Directorships	1. Logicbox India Private Limited	Logicbox India Private 1. Limited Shri Sai Kripa Shares 2. Private Limited	Logicbox India 1. Private Limited Bengal Logistics 2. Private Limited
11.	Membership/ Chairmanship of Committees of other Boards	NA	NA	NA
12.	Details of past remuneration	Rs. 300000/- per month w.e.f. April 2021	Rs. 300000/- per month w.e.f. April 2021	Rs. 190000/- per month
13.	Proposed remuneration	Rs. 300000/- per month w.e.f. April 2021	Rs. 300000/- per month w.e.f. April 2021	Rs. 190000/- per month
14.	Brief Profile	Mr. Atul Garg has been on the Board of the Company since its inception i.e. 2007. He is commerce Graduation from Pt. Ravishankar Shukla University He is a dynamic & Results-oriented Managing Director drives a goal to establish strategic & mutually beneficial partnerships, along with relationships with associate companies, vendors, service providers. He has a vision to make the Company number one 3PL Company. His association with the Company is beneficial to the Company.	Mr. Shree Bhushan Garg has been on the board of the company since incorporation of the company and has been serving as on the board since 2007. He is a Commerce Graduate degree. He possesses valuable experience in managing the issues faced by large and complex corporations. He has significant experience in management, finance and operations. His association with the Company is in best interest of the Company.	Mrs. Preeti Garg has been on the board of the company since 01/12/2017. She is a Commerce Graduate and has expertise in field of finance and accounts. The Company has benefited from her expert advice on finance related matters. Her association with the Company is in best interest of the Company.

Registered Office: Logistics Park, Opp. Jaika Automobiles Ring Road No.1 Raipur Chhattisgarh 492001 Email ID: cs@logisticspark.biz Website: www.shreevasulogistics.com CIN: L51109CT2007PLC020232

Form No. MGT-11 PROXY FORM [Pursuant to Section 105(6) of the Companies Act, 2013 and Rule 19(3) of the Companies (Management and Administration) Rules, 2014]

Name of the member (s): Registered address: E-mail Id: Name of the member (s): Registered address: E-mail Id: Folio No/ Client Id: DP ID:

I/We being the member(s) of ____________ shares of the Company, hereby appoint

1.	Name: _____, Address:___________
	E-mail Id: _____, Signature ________ or failing him/her;
2.	Name: _____, Address:__________
	E-mail Id: _____, Signature ________ or failing him/her;
3.	Name: _____, Address:__________
	E-mail Id: _____, Signature _______ or failing him/her;

as my/our proxy to attend and vote (on a poll) for me/us and on my/our behalf at the 15thAnnual General Meeting of the company, to be held on Thursday, September 09, 2021 at 01:00 p.m. at Logistics Park, Opp. Jaika Automobiles Ring Road No.1, Raipur, Chhattisgarh - 492001 and at any adjournment thereof in respect of such resolutions as are indicated below:

Sr.	Resolutions	Optional*
No.		For	Against
	ORDINARY BUSINESS:
1	To receive, consider and adopt the Audited Standalone Financial Statements of the Company for
	the Financial Year ended March 31, 2021 and the Reports of the Board of Directors and the
	Auditors thereon
2	To appoint a Director in place of Mr. Atul Garg (DIN-01349747), Managing Director, who retires
	by rotation and being eligible, offers himself for re-appointment.
3	To appoint M/s. APAS & CO LLP as Statutory Auditors of the Company for filling casual vacancy
4	To appoint M/s. APAS & CO LLP as Statutory Auditors of the Company
SPECIAL BUSINESS:
5	To approve remuneration payable to Mr. Atul Garg (DIN: 01349747), Managing Director of the
	Company
6	To approve remuneration payable to Mr. Shree Bhushan Garg (DIN: 01349775), Whole Time
	Director of the Company
7	To approve remuneration payable to Ms. Preeti Garg (DIN: 07048745) Non executive Director of
	the Company

Signed this _________ day of September, 2021.

Signature of shareholder

Affix

Revenue

Signature of Proxy holder(s)

Stamp

Note:

• 1. This form of proxy in order to be effective should be duly completed and deposited at the Registered Office of the Company, not less than 48 hours before the commencement of the Meeting.
• 1. A Proxy form which does not state the name of the Proxy shall not be considered valid.
• 1. Undated Proxy shall not be considered valid.
• 1. An instrument of Proxy is valid only if it is properly stamped as per the applicable law.
• 1. A Proxy need not be a member of the Company.
• 1. A person can act as a proxy on behalf of members not exceeding fifty and holding in the aggregate not more than 10% of the total share capital of the Company carrying voting rights. A member holding more than 10% of the total share capital of the Company carrying voting rights may appoint a single person as proxy and such person shall not act as a proxy for any other person or shareholder.
• 1. *This is only optional. Please put a 'X' in the appropriate column against the resolutions indicated in the Box. If you leave the 'For' or 'Against' column blank against any or all the resolutions, your Proxy will be entitled to vote in the manner as he/she thinks appropriate.
• 1. Appointing a proxy does not prevent a member from attending the meeting in person if he so wishes.
• 1. In the case of joint holders, the signature of any one holder will be sufficient, but names of all the joint holders should be stated.
• 1. The proxy form should be signed across the revenue stamp as per specimen signature(s) registered with the company/depository participant.

Registered Office: Logistics Park, Opp. Jaika Automobiles Ring Road No.1 Raipur Chhattisgarh 492001 Email ID: cs@logisticspark.biz Website: www.shreevasulogistics.com CIN: L51109CT2007PLC020232

ATTENDANCE SLIP

(To be presented at the entrance)

15THANNUAL GENERAL MEETING

Regd. Folio No./DP ID / Client ID Name & Address of First/Sole Shareholder

No. of Shares held Name of the Joint Holder, if any

I hereby record my presence at the 15thAnnual General Meeting of the Shree Vasu Logistics Limited to be held on Thursday, September 09, 2021 at 01:00 p.m. at Logistics Park, Opp. Jaika Automobiles Ring Road No.1 Raipur Chhattisgarh 492001.

__________________________ Signature of Members/Proxy

Notes:

• (a) Only Member/Proxy can attend the Meeting. No minor would be allowed at the Meeting.
• (b) Member/Proxy wish to attend the Meeting must bring this attendance slip to the Meeting and handover at the entrance duly filled in and Signed.
• (c) Shareholder/Proxy Holder attend the meeting is requested to bring his/her copy of the Annual Report.
• (d) In the case of joint holders, the signature of any one holder shall be sufficient, but the names of all joint holders should be stated.