Simplex Realty Limited — AGM Information 2024

Aug 10, 2024

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10[th] August, 2024

Department of Corporate Services

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001.

Ref: BSE Security Code 503229

Dear Sir / Madam,

Sub: Proceedings of 111[th] Annual General Meeting ( AGM /Meeting) of the Company held on 7[th] August, 2024 along with explanation for delay in disclosure

We are in receipt of e-mail dated 10[th] August, 2024 your goodoffice in respect of the delayed submission of Proceedings of Annual General Meeting.

In this regard, we would like to bring to your kind notice that there was a change in the period of announcement of Proceedings of AGM disclosure from 24 hours to 12 hours as per the SEBI (Listing Obligations and Disclosure requirements) (Second Amendment) Regulations, 2023. Based on said amendment, we would like to clarify that the proceedings of AGM were inadvertently filed within 24 hours of conclusion of the AGM due to oversight of said amendment which was effective from 15[th] July, 2023

Further, we would like to mention that all other compliances relating to the Annual General Meeting were timely complied and we will ensure timely compliance in future too.

We are resubmitting the proceedings along with this clarification regarding delay in submission as Annexure -1 .

This is for your information and records.

Thanking You,

Yours faithfully,

For Simplex Realty Limited SANDHYA Digitally signed by SANDHYA RAVINDRAN RAVINDRANATH KINI Date: 2024.08.10 ATH KINI 17:49:53 +05'30' Sandhya R Kini Whole –time Director

DIN- 03346789

Encl.: a/a

CIN-Ll 7110MH1912PLC000351

30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011 T: +91222308 2951 I F: +912223072773 I E : investors@simplex-group.com I W: www.simpl ex-group.com

Annexure – 1

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SUMMARY OF THE PROCEEDINGS OF THE 111[TH] ANNUAL GENERAL MEETING

The 111[th] Annual General Meeting (AGM or Meeting) of the Members of Simplex Realty Limited (the Company) was held on Wednesday, the 7[th] August, 2024 at 12:01 pm through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and concluded at 12.30 pm.

Shri Nandan Damani, Chairman of the Company, greeted the Members and chaired the proceedings at the AGM.

As the requisite quorum was present, the Chairman called the Meeting to order. Thereafter, he introduced other directors who joined the Meeting from various locations. All the directors including the respective Chairman of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee etc., were also present at the AGM.

Your Company’s Statutory Auditors and Secretarial Auditor have also joined the Meeting through Video Conferencing. Total 23 Members attended the AGM as per the records of the attendance.

The Chairman informed that the Meeting has been convened and being conducted in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). The Chairman informed that the Company had tied up with National Securities Depository Limited (NSDL) to provide facility for voting through remote e-voting, e-voting during the AGM and participation in the AGM through VC / OAVM facility. The Registers as required under the Companies Act, 2013, were available for inspection electronically.

Thereafter, the Notice dated 21[st] May, 2024 convening the 111[th] AGM was taken as read with the consent of the Members present. As there were no qualifications, observations or other remarks made by the Statutory Auditors and by the Secretarial Auditors in their Reports dated 21[st] May, 2024, which may have any adverse effect on the functioning of the Company. Hence, the Auditors’ Reports on the Financial Statements and the Secretarial Audit Report were taken as read.

The Chairman apprised the Members regarding the overall performance of the Company in the financial year 2023-2024.

CIN-Ll 7110MH1912PLC000351

30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011 T: +91222308 2951 I F: +912223072773 I E : investors@simplex-group.com I W: www.simpl ex-group.com

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The Chairman then invited the Members who had registered themselves as Speakers and were attending the Meeting through VC/ OAVM to express their views, ask questions and seek clarifications on the operations and financial performance of the Company and on the resolutions set out in the Notice. The Members were given an opportunity to speak in the order in which they had registered their names. The Chairman responded to the queries raised by them, accordingly.

The Chairman informed that the remote e-voting facility was provided to all the Members of the Company from Sunday, the 4[th] August, 2024, from 09:00 am to Tuesday, the 6[th] August, 2024 upto 05:00 pm and a facility of voting during the AGM was also provided to the Members who had not voted earlier. Thereafter, the following businesses as set out in the Notice dated 21[st] May, 2024 convening the AGM were transacted:

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Sl. Particular Type of Mode of
No. Resolution Voting
ORDINARY BUSINESS
1 Adoption of the Audited Financial Statements ( Ordinary
including Consolidated Financial Statements ) of the
Company for the financial year ended 31 [st] March, 2024 Remote e-
and Reports of the Director’s and Auditors’ thereon Voting
before /
2 Declaration of Dividend on Equity Shares for the Ordinary
during the
financial year 2023-2024
AGM
3 Appointment of Shri Sanjay N Damani (DIN: Ordinary
03078104), as a Director of the Company, liable to
retire by rotation
SPECIAL BUSINESS
4 Appointment of Shri Satyan S Israni (DIN: 01174081) Special
as an Independent Director
Remote e-
5 Appointment of Shri Anil Lohia (DIN: 00358837) as an Special
Voting
Independent Director
before /
6 Re-appointment of Smt. Sandhya R Kini (DIN: Special during the
03346789), Whole- time Director of the Company AGM
7 Change in designation of Shri Sanjay N Damani (DIN Special
03078104) from Whole-time Director to Joint Managing
Director
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CIN-Ll 7110MH1912PLC000351

30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011 T: +91222308 2951 I F: +912223072773 I E : investors@simplex-group.com I W: www.simpl ex-group.com

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The Chairman apprised the Members that the combined results of the remote e-Voting before/during the AGM would be announced within the stipulated time frame and the results along with the Scrutinizer's Report would be intimated to the Stock Exchange in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and would be placed on the website of the Company i.e. www.simplex-group.com and NSDL as well as the Notice Board of the Registered Office of the Company.

The Chairman then thanked the Members for their continued support, valuable suggestions and for attending and participating in the Meeting. He also thanked the Directors for joining the Meeting virtually. The remote e-Voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. The Meeting concluded upon completion of the e- Voting process.

SANDHYA Digitally signed by SANDHYA RAVINDR RAVINDRANATH ANATH KINI Date: 2024.08.10 KINI 17:51:42 +05'30'

CIN-Ll 7110MH1912PLC000351

30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011 T: +91222308 2951 I F: +912223072773 I E : investors@simplex-group.com I W: www.simpl ex-group.com