SRF Ltd. — Declaration of Voting Results & Voting Rights Announcements 2020

Oct 9, 2020

The BSE Ltd. BSE's Corporate Relationship Department 1 st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai 400 001 Scrip code: 503806

National Stock Exchange of India Limited "Exchange Plaza" Bandra-Kurla Complex Bandra (E) Mumbai- 400 051

Symbol: SRF

SRF/SEC/ 2020 09th October,2020

Sub: Intimation of voting results of Postal Ballot as per Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is further to our intimation dated September 08, 2020 wherein it was informed that the SRF Limited (the "Company") has sent Postal Ballot Notice to the members of the Company to seek their approval by way of Special Resolution for "Raising of funds by issuance of equity shares through Qualified Institutions Placement(s)".

The Company has also informed vide its letter dated September 08, 2020 that in compliance with the provisions of General Circular No 14/2020 dated April 08, 2020, General Circular No 17/2020 dated April 13,2020 and 22/2020 dated June 15, 2020 ("MCA Circulars") issued by Ministry of Corporate Affairs , the Company sent Postal Ballot Notice in electronic form only on September 08, 2020 to all the members whose names appear in the Register of Members/Record of Depositories as on Friday, September 04, 2020, being the cut-off date for that purpose.

We wish to inform you that, in compliance with applicable Regulations of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 as amended and other applicable laws, the shareholders of the Company have approved the Special Resolutions for the aforesaid matters by requisite majority on October 08, 2020, through remote e-voting postal ballot process as set out in the postal ballot notice.

Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, details of the voting results of the Postal Ballot declared on October 09, 2020 are enclosed in the prescribed format alongwith the Scrutinizer Report on remote e-voting postal ballot as received by the Company and results are being uploaded on website of Stock Exchange in XBRL Mode.

Please note that the aforesaid results are also available on the website of the Company www.srf.com

Thanking you,

Yours faithfully, For SRF LIMITED

Rajat Lakhanpal VP (Corporate Compliance) & Company Secretary

Encl : A/a

OS Arunesh Dubey & Co. COMPANY SECRETARIES

SCRUTINIZER'S REPORT

09th October, 2020

To, The Chairman SRF Limited The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, 2nd Floor, Mayur Place, Mayur Vihar Phase I Extn., East Delhi, New Delhi-110091

Respected Sir,

Subject: Scrutinizer Report on Postal Ballot Results (remote e-voting) conducted as per the relevant provisions of the Companies Act. 2013

1, Arunesh Kumar Dubey, FCS, Proprietor, Arunesh Dubey & Co., Company Secretaries, New Delhi was appointed as Scrutinizer by the Board of Directors of the Company at its meeting held on Monday, August, 31, 2020 for the purpose of scrutinizing the remote e-voting process in a fair and transparent manner and for the purpose of ascertaining the requisite majority on the remote evoting for postal ballot carried out in accordance with the provisions of Sections 108, 110 of the Companies Act, 2013 ('the Act') read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 ("Rules") and other applicable provisions of the Act and Rules made thereunder, Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the General Circulars No.14/2020 dated April 8, 2020, No.17 /2020 dated April 13, 2020 and No. 22/2020 dated June 15, 2020, issued by the Ministry of Corporate Affairs, Government of India ("MCA Circulars") in respect of Special Resolution as set out in the Postal ballot Notice dated 31.08.2020.

The Company has availed E-voting facility from KFin Technologies Private Limited for conducting evoting by members of the Company. As per MCA Circulars and applicable provisions of the Act, Postal Ballot notices were sent to all those shareholders through e-mail whose e-mail id were registered with Registrar and Transfer Agent / depository/ depository participants. The e - voting

302, E-21, Mahesh Bhawan, Jawahar Park, Laxmi Nagar, Delhi-110092 Ph. No.-011-40153246, 9999823231, Email:- pcsadco@gmail.com, Website:www.csadco.com

portal remained open for voting from Wednesday, September09, 2020(9.00 a.m. 1ST) to Thursday, October 08, 2020 (5.00 P.M. 1ST) both days inclusive. The shareholders of the Company holding shares either in physical form or dematerialized form, as on the cut-off Date i.e. Friday, September 04, 2020 were entitled to vote on the resolutions.

A public notice in newspaper informing the members about dispatch of postal ballot notice and commencement of E-voting were given on September 09, 2020. Members have been informed that those shareholders who were members of the Company as on cut-off date i.e. Friday, September 04, 2020,the postal ballot notice can be downloaded from the website of the Company or website of KFin Technologies Private Limited.

In compliance with the requirements of the MCA Circulars hard copy of Postal Ballot Notice along with Postal Ballot Forms and pre-paid business envelope were not sent to the shareholders for this Postal Ballot and shareholders were requested to communicate their assent/dissent through the remote e-voting system only.

The shareholders were required to cast their votes online through remote e-voting on or before 5.00 PM of Thursday, October 08, 2020 on the basis of User-Id and password provided to them by KFin Technologies Private Limited.

After the closure of the e-voting, the votes cast under remote e-voting facility were unblocked in the presence of Mr. Vishnu Deo Tripathi and Ms. Priya Singh who are not in employment with the Company.

As per Section 110(2) of the Companies Act, 2013 read with Secretarial Standards on General Meeting (SS-2) issued by the Institute of Company Secretaries of India, if a resolution is assented to by a requisite majority of the shareholders by means of Postal Ballot, it shall be deemed to have been duly passed on the last date specified for e-voting i.e. October 08, 2020.

I have, on the reckoning of voting rights of the shareholders on the basis of paid up value of the shares registered in their names; found that the special resolution has been passed with requisite majority. You may accordingly declare the results of voting by postal Ballot including remote evoting.

S Arunesh Dubey & Co. COMPANY SECRETARIES

Summary of the e-voting with their pattern of voting is as per Annexure-A. We are enclosing report generated from the website of KFin Technologies Private Limited, with regard to electronic voting for your records. You are requested to take note of the above and oblige.

Thanking You,

For Arunesh Dubey & Co. Company Secretaries

CS Arunesh Kumar Dubey Company Secretary_ Scrutinizer (Proprietor) M. No. F-7721 COP No.14054

Date: October 9, 2020 Place: New Delhi

UDIN No.: F0077218000889217

Countersigned by For SRF Limited RAJAT LAKHANPAL

VP (Corporate Compliance) &Company Secretary Membership No. A12725 (Address-32-C MIG Flats, Pocket-C, Phase-III, Ashok Vihar, New Delhi- 110052)

Annexure A

Summary of E-voting

RESOLUTION-1 (Special Resolution)

Approval for raising of funds by issuance of equity shares through Qualified Institutions Placement(s)

Particulars	Remote e-voting		Voting throughPollin• Paper		Total		Percentage
	Number	Votes	Number	Votes	Number	Votes
Assent	348	43737762	NA	NA	348	43737762	99.9959%
Dissent	08	1772	NA	NA	08	1772	0.0041%
Total	356	43739534	NA	NA	356	43739534	100 %

Based on the aforesaid result, we report that the Special Resolution as set out in Item No.1 of the Postal Ballot Notice dated August 31, 2020 has been passed with requisite majority.

SRF Limited Voting Results as per regulation 44(3) of SEBI (LODR)
Company Name	SRF LIMITED
Date of Declaration of Result of Postal Ballot	09-Oct-20
Total number of shareholders on record date	70290
Resolution 1: Special Resolution	Approval for Raising of Funds by issuance of Equity Shares through Qualified Institutions Placement(s).
Whether Promoter/Promoter Group interested inthe resolution	No
Category	Mode of Voting	No. of sharesheld $(1)$	No. ofvotespolled (2)	% of VotesPolled onoutstandingshares$(3)=[(2)/(1)]^*$100	No. ofVotes-infavour $(4)$	No. ofVotes-against (5)	% of Votes infavour on votespolled$(6)=[(4)/(2)]*100$	% of Votes againston votes polled$(7)=[(5)/(2)]*100$
	E-Voting	30076500	30076500	100.0000	30076500	$\Omega$	100.0000	0.0000
	Poll	30076500	0	0.0000	00	$\mathbf{0}$	0.0000	0.0000
Promoter and Promoter Group	Postal Ballot (ifapplicable)	30076500	$\bf{0}$	0.0000	00	$\boldsymbol{0}$	0.0000	0.0000
	E-Voting	18790369	13562357	72.1772	13562357	0	100.0000	0.0000
	Poll	18790369	$\theta$	0.0000	00	$\overline{0}$	0.0000	0.0000
Public-Institutions	Postal Ballot (ifapplicable)	18790369	$\theta$	0.0000	00	$\mathbf{0}$	0.0000	0.0000
	E-Voting	8613631	100677	1.1688	98905	1772	98.2399	1.7600
	Poll	8613631	$\overline{0}$	0.0000	00	$\mathbf 0$	0.0000	0.0000
Public- Non Institutions	Postal Ballot (ifapplicable)	8613631	$\bf{0}$	0.0000	00	0	0.0000	0.0000
	Total	57480500	43739534	76.0946	43737762	1772	99,9959	0.0041
	Whether resolution is Pass or Not.		YES

$\begin{pmatrix}\n\frac{\sqrt{x}}{2} & \frac{\sqrt{x}}{2} \ \frac{\sqrt{x}}{2} & \frac{\sqrt{x}}{2} \ \frac{\sqrt{x}}{2} & \frac{\sqrt{x}}{2}\n\end{pmatrix}$ $\sqrt{\frac{c}{c}}$ $\int_{\mathcal{M}}$ WDIA

$\frac{1}{\sqrt{2}}$ COLLELATED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AND RECEIVED AN