SoftTech Engineers Limited — AGM Information 2019

Nov 28, 2019

SUMMARY OF PROCEEDING OF THE EXTRA-ORDINARY GENERAL MEETING (EOGM) OF SOFTTECH ENGINEERS LIMITED:

Date, time and venue:

An Extra-Ordinary General Meeting (EOGM) of the Members of SoftTech Engineers Limited was held on Thursday, 28[th] November, 2019, at the registered office of the Company at The Pentagon, Unit No. 5A, Near Satara Road Telephone Exchange, Shahu College Road, Parvati, Pune 411009 at 11:30 A.M.

PROCEEDINGS AT THE MEETING:

Mr. Vijay Gupta, Chairman and Managing Director of the Company chaired the meeting. He welcomed the members present at the meeting. The requisite quorum being present, the Chairman called the meeting in order and introduced the present Directors.

Total members present in person-7 and Authorized Representatives u/s 113 of the Companies Act, 2013- 1 The Company has not received any proxies for the meeting.

Present:

Mr. Vijay Gupta Chairman and Managing Director Mrs. Priti Gupta Whole Time Director Ms. Aishwarya Patwardhan Company Secretary Mr. Piranvez Irani Chief Financial Officer

The Chairman informed that Mr. Rahul Gupta, Mr. Sridhar Pillalamarri , Independent Directors and Mr. Sundararajan Srinivasan, Director were unable to attend meeting due to preoccupation. Mr. Devesh Tudekar, Secretarial Auditor and Scrutinizer was present at the meeting.

The notice convening Extra-Ordinary General Meeting was taken as read. The Chairman informed that the documents referred in the notice were open for inspection during the meeting

Thereafter Chairman commenced the proceedings of EOGM.

The Chairman informed that as per EOGM notice, 1 proposal under special business is proposed for approval of members which is-

To approve availing of the optionally Convertible loan facility

The Chairman then invited members for discussion. The Chairman replied to the queries from members and noted the constructive suggestions of members.

The Chairman informed that the Company had provided to the members facility to cast their vote electronically on the resolution set forth in the notice and have appointed Mr. Devesh Tudekar, Practicing Company Secretary as a scrutinizer for remote e-voting as well as the voting through poll at the meeting. The Chairman requested those members who have not exercised the remote evoting facility may use the facility of poll paper for casting their vote on the resolutions as stated in EOGM notice.

The members were informed that the results of the e-voting and poll will be declared on receipt of the scrutinizer’s report within 48 hours from the EOGM and shall be placed on the Company’s website and will be sent to the stock exchanges.

Since there were no further queries / questions from the Members and completion of voting by poll by the members of the Company, the meeting concluded with vote of thanks to the Chair at 12.30 P.M.