SPML Infra Limited — AGM Information 2020

Dec 17, 2020

1i December, ²⁰²⁰

To, National Stock Exchange Exchange Plaza, Plot No. C/1, G Block, Bandra (E), Mumbai-400051 (NSE Scrip Code: SPMLINFRA)

BSE Limited PhirozeJeejeebhoy Towers Dalal Street, Mumbai-400001 (BSE Scrip Code: 500402)

Sub: Proceedings of Annual General Meeting (AGM) of the Company held on 1i" December, ²⁰²⁰ through Video Conference (VC)/ Other Audio Visual Means (OAVM)

Dear Sirs,

Pursuant to Regulation 30 and other applicable provtsions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the 39thAnnual General Meeting (AGM) of the Shareholders of the Company was held today, i.e. Thursday, the lih December, ²⁰²⁰ at 02:30 P.M. through Video conference/ Other Audio Visual Means (VC/OAVM) The Meeting was held in compliance with the General Circular nos. 14/2020, ¹⁷ /2020, 20/2020 and 22/2020 issued by the Ministry of Corporate Affairs and Circular no. SEBI/HO/CFD/CMDI/CINP/2020179 issued by the Securities and Exchange Board of India (SEBI)and as per the applicable provisions of the Companies Act, 2013 and the Rules framed thereunder.

Mrs. Swati Agarwal, Company Secretary, welcomed the Members to the Meeting and briefed them on certain points relating to their participation at the Meeting through audio visual means.

Mr. Subhash Chand Sethi, Chairman of the Board, chaired the Meeting. The Chairman welcomed the shareholders to the Meeting and on requisite quorum being present, called the Meeting to order.

Mr. Prem Singh Rana, chairman of Audit Committee, Nomination and Remuneration Committee and Stakeholder Relationship Committee was present at the meeting. Mr. Dinesh Kumar Goyal, Independent Director of the Company was also present at the meeting.

The representative of the Statutory Auditor and Secretarial Auditor of the Company were also present at the meeting through Video Conferencing from their respective locations.

With the consent of the Members present, the Notice convening the AGM and the Auditor's Report for the year ended March 31, 2020 was taken as read.

At this occasion the Chairman delivered his speech to the Shareholders.

The Company Secretary informed the Members that that the Remote e-Voting facility was open from 14th December, 2020, Monday at 9:00 AM 1ST till is" December, 2020, Wednesday at 5:00 PM 1ST to all the Shareholders of the Company. She further informed that the members attending the AGM, through Video Conferencing (VC)/ Other Audio Visual Means (OAVM), who have not casted, their votes by Remote e-Voting, can cast their vote through e-Voting during the AGM.

The Board of Directors had appointed Mr. R. S. Bhatia, Practicing Company Secretary as the Scrutinizer to supervise thee-voting process

In terms of the Notice dated iz" November, ²⁰²⁰ convening the 39th AGM of the Company, the following businesses were transacted at the Meeting through remote e-voting.

SPML INFRA LIMITED

22, Camac Street, Block-A, 3rd Floor, Kolkata- 700 016 Ph: +91 ^{33 4009 1200} I Fax: +91 ^{33 4009 1303} E-mail: info@spml.co.in I Website: www.spml.co.in CIN: L40106DL1981PLC012228

Regd. Office: F-27/2, Okhla Industrial Area, Phase-II New Delhi-noo20 ISO 9001:2015

ORDINARY BUSINESS

• 1. To receive, consider and adopt the standalone and the consolidated Financial Statements of the Company for the financial year ended March 31, 2020and the reports of the Board of Directors and Auditor's thereon
• 1. To appoint ^a Director in place of Mr. Sushil Kumar Sethi (DIN: 00062927), who retires by rotation and being eligible, offers himself for re-appointment

SPECIAL BUSINESS

• 1. To ratify the remuneration of Cost Auditor for the financial year 2020-21
• 1. To re-appoint Mr. Dinesh Kumar Goyal (DIN: 02576453),as an Independent Director of the Company
• 1. Reclassification of status of Mr. Harshvardhan Sethi from Promoters Shareholder to Public Shareholder
• 1. Reclassification of status of Mr. Rishab Sethi from Promoters Shareholder to Public Shareholder
• 1. Reclassification of status of Mr. Deepak Sethi from Promoters Shareholder to Public Shareholder

Members present at the Meeting were given an opportunity to ask questions and seek clarification(s). The Chairman appropriately responded to the questions raised.

The members were informed that the facility fore-voting on the NSDL platform would continue to remain open for 15 minutes from the conclusion of the Meeting to enable members to cast their vote.

The Chairman authorized Mrs. Swati Agarwal to carry out the e-voting process and conclude the Meeting. The Chairman further informed the Members that the consolidated voting results i.e remote e-voting and e-voting at the Annual General Meeting will be disseminated to the Stock Exchanges on which the Company's shares are listed and will also be made available on the website of the Company at www.spml.co.in on receipt of the of the Report from Mr. R. S. Bhatia Scrutinizer of the Company

The Chairman thanks to the Shareholders and the meeting was concluded at 03.15 PM (including time allowed fore-voting at AGM).

The above is for your information.

SPML INFRA LIMITED