Silver Touch Technologies Limited — Board/Management Information 2021

Jul 12, 2021

l)ate:12107/2021 To, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051.

Symbol: SILVERTUC

Dear Sir / Madam,

Subject: Outcome of the Board Meeting held on Monday, 12th July, 2021

With reference to the captioned subject, this is to inform you that the Meeting of the Board of Directors of the Company was held on today i.e on Monday, 12th July, 2021 at 4:30 PM. Besides other subjects, the following items of Business were transacted by the Board:

1. The Board took note and approved the Secretarial Audit Report submitted by Mj s Sandip Sheth & Associates, Practicing Company Secretaries, Ahmedabad for the FY 2020-21.

2. The Board Considered and Approved the Boards' Report for the Year 2020-21 along with its Annexures.

3. The Board approved re-appointment of Mr. Vipul Thakkar(DIN: 00169558), who retires by rotation at ensuing Annual General Meeting and being eligible, offers himself for reappointment subject to the approval of the Shareholders in ensuing Annual General Meeting. The Brief Profile of Mr. Vipul Thakkar (DIN: 00169558) is attached herewith as at Annexure-A.

4. The Board approved re-appointment Mr. Palak Shah (DIN: 00306082), who retires by rotation at ensuing Annual General Meeting and being eligible, offers himself for re-appointment subject to the approval of the Shareholders in ensuing Annual General Meeting. The Brief Profile of Mr. Palak Shah (DIN: 00306082) is attached herewith as at Annexure-A.

5. The Board fixed 27th Annual General Meeting on 10th August, 2021 at 12:30 PM through Video Conferencingl other Audio Visual mean and approved of notice for the same.

6. The Board considered and approved Payment of Final Dividend @ 5% i.e 0.5 per Equity t=I~~the FY 2020-21

Silver ouch Technologies Limited 2nd Floor, Saffron Tower, Opp. Central Mall, Panchavati Cross Road, Ahmedabad 380006 Gujarat, India. Phone: +91 794002 2770 - 4, Email: info@silvertouch.com, Website: www.silvertouch.com CIN: L72200GJ1995PLC024465

1. The Board has fixed 30th July, 2021 as the Record Date for the purpose of determining entitlement of Members to Final Dividend for the Year 2020-21 if approved by the Shareholder in ensuing Annual General Meeting. The separate submission for the Record Date shall be submitted to the Exchange as per Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The Above Meeting was commenced at 04:30 PM and was concluded at 05:10 PM.

The intimation of the outcome of the Board Meeting is given pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Company iP~ Secretary & Compliance officer M.No: A42076

Annexure-A

NameoftheDirector	Mr Vipul Thakkar	Mr. Palak Shah
Age	51 Years	51 Years
Qualification	MBA, BCA, Diploma in Computer	BachelorinofEngineering
	Technology	Computers
Experience	Mr. Vipul H. Thakkar is Chairman& Managing Director and one ofthe Promoter of our Company. Hehas overall experience of 25 yeru'sin E-Governance, Softwru'e solutionand Networking. He is lookingaftereGovernance&administration department in ourCompany.	Mr. Palak V. Shah is Whole TimeDirector and one of the Promoter ofourCompany.Hehasoverallexperienceof24yearsrnInformation Systems Planning andexecuting large software projectsintheruldonInternetEGovernance Project. He is currentlylookingaftersoftwaredevelopment & finance
Termsand	MrVipulThakkarwasre-	Mr Palak Shah was fe-appointed as
conditionsof	appointed as Managing Director of	Whole-TimeDirectorofthe
appointment or re-	theCompanyintheAnnual	Company in the Exb."a Ordinary
appointment along	General Meeting of the Company	General Meeting of the Company
with	held on 30th September, 2020 for	held on 30th September, 2020 for
detailsof	ofYearsfromtheterms03	Yearsfromthetermsof03
remuneration	01/04/2020 to 31/03/2023.	01/04/2020 to 31/03/2023.
sought to be paid
Remuneration Last	Rs 5,00,000/ -P.M	Rs 5,00,000/ -P.M
Drawn
No. of Shares held	26,53,510 Eq. Shares	6,62,280 Eq. Shares
in the Company as
at 31st March, 2021
DateofFirst	02/02/1995	06/10/2006
onAppointment
the Board
inDirectorship	1. Silver Touch Technologies (UK)	1. Silver Touch Technologies (UK)
other Companies	Limited	Limited
	2. Silver Touch TechnolOgies, Inc.3. GESIA IT Association4. Silver Touch Teclmologies SAS5. Iriss Scanners Technologies PvtLtd.	2. Silver Touch Technologies, Inc.