Soma Textile & Industries Ltd — AGM Information 2021

Sep 10, 2021

CIN : LS1909WB1940PLC010070 REGD. OFFICE : 2, RED CROSS PLACE, KOLKATA - 700 004, INDIA Tél : (033) 2248-7406/07, FAX : (033) 2248-7045 &-mail : rssharma@somotexiies.com { invastors@somalextites.com Website : www.somofextiias.com

10" September, 2021

The Corporate Relationship Department, BSE Limited, Phiroze Jeejeebhoy Towers, 1" Floor, New Trading Ring, Rotunda, Dalat Street, Mumbai— 400 002

The Secretary, National Stock Exchange of India Limited, Exchange Plaza, 5" Floar, Plot No. C/i, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Dear Sirs,

Sub: Summary of Proceedings of the 83" Annual General Meeting of the Company held on_10% September, 2021, pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements} Regulations, 2015 (Listing Regulations]

Pursuant to Regulation 30(6) of the Listing Regulations read with Para A of Part A of Schedule Ill to the sald Listing Regulations, we are submitting herewith a Summary of proceedings of the 83" Annual General Meeting of the Company, marked as 'Annexure A', duly convened on Friday, the 10°" September, 2021 through Video Conferencing ("VC"), and Other Audio Visual Means ("OVAM") at 2.00 P.M.

It is hereby informed that the voting results in the format prescribed under Regulation 44 of the Listing Regulations is being filed with NSE & BSE separately.

Please take the above on your record.

Kindly acknowledge receipt.

For Soma Textiles & Industries Limited

AK Whee

(A. K. Mishra) | Company Secretary Membership No.: A47060-" .

Encl: As above

Head Office & Works : Rakhial Road, Ahmedabad - 380 023, India Tel ; (079) 2274-3285-8, Fax : {079) 2274 5653

Summary of Proceedings of the 33 Annual General Meeting of Soma Textiles & Industries Limited held on Friday, the 10°" September, 2021 through Video Conferencing {"VC") and Other Audio Visual Means ("OVAM") at 2-00 P.M.

Mr. Surendra Kumar Somany, Chairman of the Company, took the Chatr in accordance with Article 97 of the Articles of Association of the Campany. The directors present at the meeting introduced themselves. After ascertaining the requisite quorum was present, the Company Secretary with the permission of the Chairman called the meeting in order. He then informed that the meeting was held through VC/OAVM.

The Company Secretary informed about the availability of Registers and documents referred in the Notice for Inspection during the meeting through the link appearing on Link Intime India Private Limited website. With the permission of the Chairman, Notice of the Annual General Meeting was taken as read. He further informed the Members that there were no qualification remarks reported by the Statutory Auditors and Secretarial Auditors of the Company in their respective Reports. The Company Secretary appraised the members' w.r.t. remote e-voting facility and voting during the AGM.

The Chairman addressed the members and briefed on the workings of the Company. On the invitation the Members who were registered as speakers members, sought clarifications through VC/OAVM on financial statements and business of the Company. Chairman responded to the queries of the members and provided clarifications to their satisfaction.

The Company Secretary informed to the shareholders present about following business to be transacted at 83" Annual General Meeting of the Company:

As Ordinary Business

• 1. Toreceive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31" March, 2021 {both Standalone and Consolidated basis), together with the Reports of the Auditers and the Board of Directors thereon.
• 2, To appoint a Director in place of Shri S. K. Somany (DIN: 00001131), who retires by rotation and being eligible, offers himself for re-appointment.

As Special Business

• 1. To re-appoint Shri Shrikant Bhat as Whole-time Director, designated as Executive Director, being a Key Managerial Personnel, for a further period of 3 (Three) years, effective from 18"" January, 2022 till 17°" January, 2025.
• 1. To ratify the remuneration of the Cost Auditors for the financial year ending 31* March, 2022.

Mr. Pravin Kumar Orclia, Company Secretaries, Kolkata (Membership No.: FCS: 2366, CP: 1352), was appointed by the Board as the Scrutinizer for scrutinizing the entire voting process i.e. remote e-voting and voting during the AGM in a fair and transparent manner.

The Company Secretary informed the members who have joined the meeting and have not cast their vote through remote e-voting or through E-voting during the proceedings of this AGM on the following resolutions as per the Notice of the AGM dated 14" June, 2021 may cast their vote and the voting will be closed after 15 minutes from the conclusion of this AGM.

It was informed that e-voting results along with consolidated Scrutinizer's Report shall be informed to the stock exchanges and also be placed on the website of the Company as well as on the website of CDSL.

The Meeting conciuded at 2-30 P.M.

This is for your information and record.

For Soma Textiles & Industries Limited

(A. pepe K. Mishra} i , " da, Company Secretary te ay - Membership No.: A-47060_..--*