Shyam Telecom Ltd. — AGM Information 2021

Sep 28, 2021

Corporate Office :

New Delhi-110 028 INDIA TELECOM LTD TEL. : 91-11-41411070 / 71/72 E-mail : investors@shyamtelecom.com Website : www.shyamtelecom.com

Date - September 28, 2021

The Manager,Department of Corporate ServicesBombay Stock Exchange Limited ("BSE")PhirozeJeejeebhoy TowersDalal Street, Mumbai - 400001Security Code - 517411	Listing Department,National Stock Exchange of India Limited ("NSE")Exchange Plaza,Bandra Kurla ComplexBandra (E), Mumbai - 400001Security Symbol - SHYAMTEL Through NEAPS
Through BSE Listing Centre

Sub: Proceedings/Outcome of the 28 Annual General Meeting ("AGM") of Shyam Telecom Limited ("Company") held on Tuesday, 28 September, 2021 at 01.00 PM.

Dear Sir / Madam,

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the Twenty Eighth AGM of the Company held on September 28, 2021.

Kindly take the same on your records.

Thanking you.

Yours faithfully,

Sourabh Bansa | Company SeGhMtRANY SECRETARY

Encl: - As mentioned above.

Summary of proceedings of the Twenty Eighth Annual General Meeting of Shyam Telecom Limited i

The Twenty Eighth Annual General Meeting ("AGM") of Shyam Telecom Limited ("the Company") washeld on Tuesday, September 28, 2021, at 11:00 a.m. (IST), through Video Conferencing/Other Audio-Visual Means ("VC/OAVM") facility, in compliance with the General Circular Nos. 14/2020, 17/2020 and 20/2020 dated April 8, 2020, April 13, 2020, May 5, 2020 and Circular No. 02/2021 dated January 13, 2021 respectively, issued by the Ministry of Corporate Affairs ("MCA") and Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020, circular no. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021 in relation to "Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to the CoVID-19 pandemic" (collectively referred to as "SEBI Circulars") permitted the holding of the Annual General Meeting ("AGM") through VC / OAVM, without the physical presence of the Members at a common venue. In compliance with the MCA Circulars and SEBI Circulars, the 36th AGM of the Company is being convened and conducted through VC.

The meeting concluded at 01:13 p.m. (IST) [including time allowed for e-voting at the AGM].

The following Directors were present:

	Designation
	Managing Director
	Non-executive Director
	Independent Director
r. Vinod JunejaViMr.	Independent Director
r. Rakesh MalhotraM	Independent Woman Director
Lers. Nishi Sabharwal:	Independent Woman Director
Mrs. Chhavi Prabhakar

Quorum

Chairman

Proceedings

Mr. Sourabh Bansal - Company Secretary, welcomed the members of the Company. Thereafter, Company Secretary introduced the Board of Directors. The Company Secretary then informed that the statutory registers & documentsas required to be kept under the Companies Act, 2013, were open for inspection. It was further informed that as the AGM was held through VC/OAVM, the facility for appointment of proxies by the members was not applicable and hence, the proxy register was not available for inspection. The members were also briefed about the process for questions & answers and e-voting.

Quorum
	Atotal of 34 members attended the meeting.
Chairman
	Mrs. Nishi Sabharwal - Chairperson& Independent Director, chaired the meeting.
Proceedings	Company. Thereafter,
e-voting.Thereafter,	Company Secretary introduced the Board of Directors. The Company Secretary then informed thatMr. Sourabh Bansal -the statutory registers & documentsas required to be kept under the Companies Act, 2013, were openfor inspection. It was further informed that as the AGM was held through VC/OAVM, the facility forappointment of proxies by the members was not applicable and hence, the proxy register was notavailable for inspection. The members were also briefed about the process for questions & answers andinformed about theCompany Secretaryspeech. TheChairperson delivered herunqualified opinions expressed by the Statutory Auditor & Secretarial Auditor of the Company on thethefinancial statements and matters. The Annual Report which was already circulated with Notice of the
	Twenty Eighth Annual General Meeting and the Board's Report along with annexures were taken asread. All the resolutions were taken up by Mrs. Nishi Sabharwal.
	following items were transacted at the AGM:	Type of
Sr.	Particulars of Resolution	Resoluti
		on
		Ordinary
1	Consideration and Adoption of the Audited Financial Statement of the}
	Company for the Financial Year ended 31st March, 2021	Ordinary
2	Appointment of Mr. Ajay Khanna, a Director retiring by rotation	Ordinary
3	Appointment of Mr. Rajiv Mehrotra, a Director retiring by rotation	Special
No.4	Appointment of Mrs. Chhavi Prabhakar as Independent Director of the
	Companyof the)	Special
	(a)(1)180SectionunderBoardthetoPowersofApproval
	Companies Act, 2013
		Special
	Approval of Borrowing Powers to the Board under Section 780 (1) (c) off
	the Companies Act, 2013otherandcharitable	Ordinary
	Authorization for making donation to bonafide
The	funds	Special
8	of limits of Loan / Guarantee 7 Investment by the Companoo
S	Section 186 of the Companies Act, 2013TechnologiesofThinkwithTransactionsPartyRelatedofPrivate Limited, Think of Us India Private Limited and Vihaan NetworksApproval	OrdinaryEo

Thereafter, the speaker members were invited to ask their questions, and give their opinions and suggestions, if any, and the same were addressed.

Mr. Sandeep Mehra, Company Secretary, was appointed as the Scrutinizer to scrutinize the votes cast in this AGM & remote e-voting and to submit a consolidated report thereon. The Consolidated Scrutinizer's Report in prescribed format alongwith the details of the voting results (remote e-voting & evoting at AGM) on all the resolutions as set out in the Notice of AGM, pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015, will be submitted to the Stock Exchanges within prescribed timelines.

The Chairperson authorized the Company Secretary to receive the Scrutinizer's Report & related documents, declare the result and submit the same to the Stock Exchanges.

These reports will also be uploaded on the website of the Company and on the website of National Securities Depository Limited.

After the vote of thanks was delivered by Mr. Sourabh Bansal - Company Secretary of the Company.

The Company Secretary, thereafter, informed the members that the meeting was concluded.

Thanking you.

Yours faithfully,

For Shyam Telecom Limited For SHAM TEL COM LIMITED

Sourabh Ban Company ebtat NY SECRETARY