Silgo Retail Limited — Board/Management Information 2019

Mar 29, 2019

SILGO RETAIL LIMITED

(Formely known as "Silgo Retail Private Limited") CIN: L36911RJ2016PLC049036

29 March, 2019

Listing Department National Stock Exchange of India Limited "EXCHANGE PLAZA", Bandra - Kurla Complex, Bandra (East), Mumbai- 400 051. INDIA.

Symbol: SILGO

Dear Sir/Madam,

Sub: OUTCOME OF THE BOARD MEETING HELD AT A SHORTER NOTICE ON FRIDAY, MARCH 29, 2019

We wish to inform you that a meeting of the Board of Directors of the company was held today, March 29, 2019 at shorter notice and the following business was transacted therein:-

• 1. Taken on record the Resignation of M/s. S.C. Kabra & Company, Chartered Accountants from the post of statutory auditor of the company w.e.f. 28th March, 2019
• 1. Amended and approved, the "Code for prevention of Insider trading and code of practices and procedures for Fair Disclosure of Unpublished Price sensitive Information in the securities of Silgo Retail Limited."
• 1. Approved and adopted the Policy for procedure of enquiry in case of Leak of Unpublished Price sensitive Information ("UPSI") This Policy is formulated pursuant to Regulation 9A(5) of SEBI (PIT) Amendment Regulations, 2018
• 1. Approved the amendment in terms of reference of the Audit committee of the board.
• 1. Approved the amended Whistle blower policy as per SEBI (Listing Obligation and disclosure Requirement) (Amendment) Regulations, 2018
• 1. Approved the amended Nomination and remuneration policy as per SEBI (Listing Obligation and disclosure Requirement) (Amendment) Regulations, 2018
• 1. Approved the amended Material Subsidiary policy as per SEBI (Listing Obligation and disclosure Requirement) (Amendment) Regulations, 2018
• 1. Approved the Materiality thresholds for Related party transactions; and the manner of dealing with the transactions between the company and its related parties as per SEBI (Listing Obligation and disclosure Requirement) (Amendment) Regulations, 2018.
• 1. Approved the amended policy for Determination of Materiality of Events and information as per SEBI (Listing Obligation and disclosure Requirement) (Amendment) Regulations, 2018

Regd. Office : B-11, Mahalaxmi Nagar, Jawahar Lal Nehru Marg, Jaipur-302017, (Rajasthan) INDIA Phone No.: 0141-4919655 | Mobile: +9170555 70555 | Email: info@silgo.in | Website: www.silgo.in

SILGO RETAIL LIMITED (Formely known as "Silgo Retail Private Limited") CIN: L36911RJ2016PLC049036

• 1. Approved the amended Code of conduct for Board of directors and senior management as per SEBI (Listing Obligation and disclosure Requirement) (Amendment) Regulations, 2018
• 1. Authorized Mr. Nitin Jain to close the Bank Account of company in Kotak Mahindra Bank, Jaipur

In view of the above, please find enclosed:

The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 with respect $\bullet$ to the resignation of M/s. S.C. Kabra & Company, Chartered Accountants from the post of statutory auditor of the company in Annexure-A

The meeting of the Board was commenced at 01:00 P.M. and concluded at 02:00 P.M.

You are requested to take the above information on your record and acknowledge.

Regd. Office : B-11, Mahalaxmi Nagar, Jawahar Lal Nehru Marg, Jaipur-302017, (Rajasthan) INDIA Phone No.: 0141-4919655 | Mobile: +9170555 70555 | Email: info@silgo.in | Website: www.silgo.in

Annexure-A

DISCLOSURE OF EVENTS AND INFORMATION PURSUANT TO REGULATION 30 SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENT) REGULATIONS, 2015 READ WITH SEBI CIRCULAR CIR/CFD/CMD/4/2015 DATED SEPTEMBER 09, 2015

Resignation of M/s. S.C. Kabra & Company, Chartered Accountants from the post of statutory Auditor of the Company

Sr. No.	Details of Event that need to be provided	Information of such events
	change for Reason resignation, removal, death or otherwise;	viz. appointment, M/s. S.C. Kabra & Company, Chartered Accountants has resigned from the post of Statutory Auditor due to Pre- occupation elsewhere.

Regd. Office : B-11, Mahalaxmi Nagar, Jawahar Lal Nehru Marg, Jaipur-302017, (Rajasthan) INDIA Phone No.; 0141-4919655 | Mobile: +91 70555 70555 | Email: info@silgo.in | Website: www.silgo.in