STARTECK FINANCE LIMITED — AGM Information 2021

Sep 28, 2021

Starteck Finance Limited

SFL/BSE/26/21-22

Date: 28111 September, 2021

To The Secretary, Listing Department, Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai - 400 001 Scrip Code: 512381

Sir,

Sub: Proceedings of 36th Annual General Meeting held on Tuesday, September 28, 2021 as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The 36th Annual General Meeting ("AGM I Meeting") of Starteck Finance Limited ("the Company") was held on Tuesday, September 28, 2021 at 3.00 p.m. through Video Conferencing (VC)/Other Audio Visual Means (OA VM) in conformity with the regulatory provisions and circulars issued by Ministry of Corporate Affairs (MCA) and Securities and Exchange Board oflndia (SEBI).

Mr. Pankaj Jain, Mr. Gautam Panchal, Ms. Sandhya Malhotra, Mr. Vishal Agarwal, Mr. Nilesh Parikh, Directors of the Company, Mr. Anand Shroff, Director & Chief Financial Officer of the Company and Ms. Mayuri Jain, Company Secretary of the Company were present at the Meeting. Mr. Sudarshan Somani, Independent Director of the Company, could not attend the meeting due to technical issue. Representatives of Statutory Auditors and Mr. Veeraraghavan N. Company Secretary in Practice, Secretarial Auditor were also present.

Mr. Anand Shroff chaired the Meeting and since the required quorum was present, the Meeting was called to order. With the consent of the shareholders, the Notice of the meeting for convening the AGM and the Auditors' Report were taken as read.

The members were informed that the Company had provided electronic voting facility (remote e-voting) to the members to cast their vote electronically on all resolutions set forth in the Notice. Members who were present and could not cast their vote through remote e-voting were provided an opportunity to cast their vote electronically during the Meeting and till 15 minutes from the conclusion of the Meeting.

The members were further informed that the Board of Directors of the Company had appointed Mr. Veeraraghavan N., Company Secretary in Practice, as Scrutinizer to conduct remote e-voting process in fair and transparent manner.

It was informed that the Company had taken necessary steps to ensure that the Members were able to attend and vote at the Meeting through electronic mode in a seamless manner.

Thereafter, the Directors were introduced and then the Chairman of the Meeting addressed the members.

Email Id: cosec@starteckfinance.com

5th Floor. Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mum11'1ltl~~P'tl: +91 22 4287 7800 Fax: +91 22 4287 7890 Website:ww.starteckfinance.com CrN: L51900MH198SPLC037039

The Following Resolutions as set forth in the Notice were taken up in the meeting. Since the meeting was being held through Video Conferencing, no proposing or seconding of resolutions was allowed-

Ordinary Businesses:

Resolution 1. Ordinary Resolution: Adoption of the Audited Standalone and Consolidated ·Financial Statements of the Company for the financial year ended March 31, 2021 together with the Reports of the Board of Directors and Auditors thereon;

Resolution 2. Ordinary Resolution: Declaration of final dividend of 2.5% i.e. Re. 0.25/- per equity share of face value Rs. 10/- each held by the person/ entities other than Promoter/ Promoter Group for the year ended March 31, 2021; ·

Resolution 3. Ordinary Resolution: Re-appointment of Mr. Anand Shroff (DIN-08480489), Director retiring by rotation;

Resolution 4. Ordinary Resolution: Appointment of Mis MKPS & Associates (Firm Registration No.:302014E) as the Statutory _Auditor of the Company to fill in the Casual Vacancy;

Special Businesses:

Resolution 5. Ordinary Resolution: Appointment of Mr. Vishal Agarwal (DIN- 00168370) as an Independent Director for a term of five years:

Resolution 6. Ordinary Resolution: Appointment of Mr. Nilesh Parikh (DIN- 02710146) as an Independent Director for a term of five years:

Resolution 7. Special Resolution: Approval for raising offunds by way offurther issue of Securities;

Resolution 8. Ordinary Resolution: Approval of Material Related Party Transaction.

The Members were given the opportunity to raise queries and clarifications on accounts and operations of the Company in advance. There were 2 queries received by the Members. The Chairman of the meeting responded to the queries received by the Members at the Meeting.

The Company Secretary thanked all the members present at the Meeting and informed that the voting portal is open for those who have attended the AGM and have not cast vote through remote e-voting can cast their votes till 15 minutes from the conclusion of the Meeting. The meeting concluded at 3.41 P.M.

The voting results as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) shall be communicated in due course and shaJI also be made available on the Website of the Company i.e. www.starteckfinance.com and on the website ofNSDL (being the agency from whom evoting facility had been availed)i.e. www.evotingnsdl.com.

Kindly take the same on records.

Thanking You,

For Starteck Finance Limited

Email Id: cosec@starteckfinance.com