STL Global Ltd — AGM Information 2023

Sep 13, 2023

STL GLOBAL LIMITED

CIN: L51909DL1997PLC088667 Corp. Office: Plot No. 207-208, Sector-58, Faridabad-121004, HR Tel: 0129-4275900-30, Website: www.stl-global.com, E-mail: info@stl-global.com

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Date: 13[th] September, 2023

From: STL Global Limited

Scrip Code: SGL

To

The Listing Compliance Department,

National Stock Exchange of India Limited,

Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051, MH

Sub: Addendum to the Notice of 26[th] Annual General Meeting (AGM) of the Company

Dear Sir/Madam,

With reference to our letter dated 04[th] September, 2023 informing about 26[th] Annual General Meeting” of the Company scheduled to be held on Saturday the 30[th] day of September 2023 at 11:00 A.M. through Video Conference (VC) / Other Audio Visual Means (OAVM), an Addendum to the Notice of 26[th] AGM is being circulated electronically to the members/shareholders to whom Notice of 26[th] AGM was sent, in terms of provision of the Companies Act, 2013 and the Rules made thereunder, as amended from time to time. The Addendum to the Notice of 26[th] AGM is also available on the website of the Company at www.stl-global.com.

This is for the intimation of the Exchange. Kindly take the above information in your record and acknowledge receipt of the same.

Thanking you,

Yours truly,

For STL Global Limited

MANIL Digitally signed by MANIL KUMAR KUMAR NAGAR Date: 2023.09.13 NAGAR 14:27:29 +05'30'

Manil Kr. Nagar

Company Secretary

Encl: As Above

Regd. Office: Unit No.111, Block No. 1, First Floor, Tribhuwan Complex, Ishwar Nagar, New Delhi-110065

STL GLOBAL LIMITED CIN: L51909DL1997PLC088667 Regd. Office: Unit No. 111, Block No. – 1, First Floor, Tribhuwan Complex, Ishwar Nagar, New Delhi – 110065, Tel.: 011-26935829, website: www.stl-global.com E-MAIL: investors@stl-global.com

ADDENDUM TO THE NOTICE OF 26[T H] ANNUAL GENERAL MEETING OF THE COMPANY

Addendum to the Notice dated 08[th] August, 2023 convening 26[th] Annual General Meeting of the Company scheduled to be held on Saturday, 30[th] September, 2023 at 11:00 A.M. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”):

Notice is hereby given pursuant to the provisions of Section 160 of the Companies Act, 2013 (‘Act’) read with Rule 13 of the Companies (Appointment and Qualification of Directors) Rules, 2014, as amended from time to time of the intention of a member signifying candidature of a person for the office of Director of the Company. Accordingly, the following item of business is added in the aforesaid Notice as Item No. 5 as a Special Business and this addendum shall be deemed to be an integral part of the original Notice dated 08[th] August, 2023 and the notes provided therein.

SPECIAL BUSINESS:

Item No. 5: To consider and if thought fit, to pass the following Resolution as an Ordinary Resolution :

“RESOLVED THAT pursuant to recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors and pursuant to the provisions of Section 149, 150,152, 161 and any other applicable provisions of the Companies Act 2013 and the rules made there under (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule IV to the Companies Act, 2013 including applicable regulations under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 as amended from time to time and subject to such other provisions as may be applicable to the Company for the time being in force, Mr. Sanjeev Kumar (DIN: 10296771), who was appointed as an Additional Non-Executive Independent Director of the Company by the Board of Directors w.e.f. September 12, 2023 and who hold office up to the date of this 26[th] Annual General Meeting and in respect of whom the Company has received a notice in writing under Section 160 of the Companies Act, 2013 as amended from time to time for the office of Non-Executive Independent Director of the Company, has been received, whose term shall not be subject to retirement by rotation, be and is hereby appointed as an Non-Executive Independent Director of the Company to hold office for Five (5) consecutive years upto September 11, 2028 on the Board of the Company.”

By Order of the Board

For STL GLOBAL LIMITED

Sd/-

Sanjiv Kumar Agarwal Whole Time Director DIN: 00227251

Date: 13[th] September, 2023 Place: Faridabad

Notes:

1. The Statement pursuant to Section 102(1) of the Act, in respect of the special business proposed above to be transacted at the ensuing 26[th] AGM, is annexed hereto and forms part of the Notice.

2. This addendum to the Notice of AGM is available on the website of the Company at www.stl-global.com, website of the Stock Exchanges at NSE at www.nseindia.com and BSE at www.bseindia.com and website of our RTA Link Intime at : https://instavote.linkintime.co.in

3. All the processes, notes and instructions relating to attending AGM through VC/OAVM and e-voting set out for and applicable for the ensuing 26[th] AGM shall mutatis-mutandis apply to attending AGM through VC/OAVM and e-voting for the resolution proposed in this Addendum to the Notice of AGM. Furthermore, the Scrutinizers appointed for the ensuing 26[th] AGM will act as Scrutinizers for the Resolution proposed in this Addendum to the Notice of 26[th] AGM.

EXPLANATORY STATEMENT

{Pursuant to provisions of section 102 of the Companies act 2013}

As required under section 102 of the Companies Act, 2013. The following Explanatory Statement set out all material facts relating to the Special business mentioned in the above mentioned Addendum to the Notice of 26[th] AGM:

Item No. 5

The Company had issued a Notice dated 08[th] August, 2023 for convening the 26[th] Annual General Meeting (“AGM”) scheduled to be held on Saturday, 30[th] September, 2023 at 11:00 A.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and the same has already been circulated to the Members of the Company in due compliance with the provisions of the Companies Act, 2013 (“Act”) read with the Rules framed thereunder.

The Regulation 17 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 as amended from time to time inter alia stipulating the conditions for the appointment of independent directors by a listed company.

It is proposed to appoint Mr. Sanjeev Kumar (DIN: 10296771) as an Non-Executive Independent Director under Section 149, 150,152, 161 and any other applicable provisions of the Companies Act 2013 and the rules made there under (including any statutory modification(s) or re-enactment thereof for the time being in force) read with Schedule IV to the Companies Act, 2013 and Regulation 17 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 as amended from time to time and to hold office for Five (5) consecutive years w.e.f. 12[th] September, 2023. Mr. Sanjeev Kumar is not disqualified from being appointed as director in terms of Section 164 of the Act and have given his consent to act as director.

The Nomination and Remuneration Committee and the Board of Directors of the Company in their respective meeting(s) held on 12[th] September, 2023 upon perusal of the said Notice and after careful evaluation of the candidature of Mr. Sanjeev Kumar, have recommended the appointment of Mr. Sanjeev Kumar as a Non - Excutive Independent director of the Company.

The company has also received declaration from him that he meets with the criteria of independence as prescribed both under sub-section (6) of the section 149 of the Companies Act, 2013 and Regulation 17 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Mr. Sanjeev Kumar, aged about 60 years is graduate. He has rich and vast experience of around 40 years in finance, accounts, and other industrial work in the various industries and sectors. He is retired as Manager/ Finance from CRIS (An autonomous body of Ministry of Railway) after working for more than 15 years. He is also served in Northern Railway (Indian Railway) for nearly 19 years. He is also served in Ministry of Finance & Ministry of Defence for nearly 4 years. His working experience and knowledge will be benefitted for the growth of the Company.

None of the Directors, Key Managerial Personnel and relatives of Directors, Key Managerial Personnel of the Company except Mr. Sanjeev Kumar, to whom the resolution relates is directly/indirectly interested or concerned, financially or otherwise in the above mentioned resolution set out in Item No. 5 . The Board recommends the resolution set out in Item No. 5 for the approval of members.

By Order of the Board For STL GLOBAL LIMITED

Sd/-

Sanjiv Kumar Agarwal Whole Time Director DIN: 00227251

Date: 13[th] September, 2023 Place: Faridabad

ADDITIONAL INFORMATION IN TERMS OF REGULATION 27 & 36 OF SEBI (LISTING OBLIGATIONS & DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AS AMENDED FROM TIME TO TIME ON DIRECTORS RECOMMENDED FOR APPOINTMENT/RE-APPOINTMENT OR SEEKING ELECTION AT THE ANNUAL GENERAL MEETING:

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Name of the Director Mr. Sanjiv Kumar
Director Identification Number (DIN) 10296771
Date of Birth 22-07-1963
Nationality Indian
Date of Appointment 12 [th] September, 2023
Qualifications Graduate
Expertise in specific functional areas Mr. Sanjeev Kumar, aged about 60
years is graduate. He has rich and vast
experience of around 40 years in
finance, accounts, and other industrial
work in the various industries and
sectors. He is retired as Manager/
Finance from CRIS (An autonomous
body of Ministry of Railway) after
working for more than 15 years. He is
also served in Northern Railway (Indian
Railway) for nearly 19 years. He is also
served in Ministry of Finance & Ministry
of Defence for nearly 4 years. His
working experience and knowledge will
be benefitted for the growth of the
Company.
Shareholding in STL Global Limited NIL
Directorship in other Public Companies Companies: 1
including this Company
Membership of Committees Committees: 0
Relationship with any Director(s) of the No Relation
Company as per applicable sections and
provisions of Companies Act, 2013 and
Regulations of SEBI (LODR) Regulations,
2015 as amended from time to time
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