INEOS
STYROLUTION

INEOS Styrolution India Ltd. 5th Floor, Ohm House-II, Ohm Business Park, Subhanpura, Vadodara - 390 023 Gujarat, India

www.ineosstyrolutionindia.com

INEOS Styrolution India Ltd. · Vadodara 390023 India

To.
BSE Limited		National Stock Exchange of India Limited
Dept. DSC_CRD		Exchange Plaza,
Phiroze Jeejeebhoy Towers,		Plot No. C/1, 'G' Block,
Dalal Street		Bandra- Kurla Complex,
Mumbai 400 001		Bandra ('E')
		Mumbai 400 051
BSE Scrip Code: 506222		NSE Symbol: INEOSSTYRO
Contact	Phone	E-mail	Date
Abhijaat Sinha	+91 265-2303213	[email protected]	August 27, 2020

Subject: Disclosure of events or information - 47th Annual General Meeting held on Thursday, August 27, 2020

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose gist of proceedings of the 47^th Annual General Meeting held on Thursday, August 27, 2020.

This is being submitted for your records and for further dissemination.

Thank you,

For INEOS Styrolution India Limited"

Abhijaat Sinha Head Legal & Company Secretary

Encl. As above

OLUTIO REDS DODAR

Head Office: INEOS Styrolution India Ltd. CIN: L25200GJ1973PLC002436 5th Floor, Ohm House-II, Ohm Business Park, Subhanpura, Vadodara - 390 023, Gujarat, India Tele: +91 265-2303201/02 Fax No: +91 265-2303203

Registered Office: INEOS Styrolution India Ltd. CIN: L25200GJ1973PLC002436 5th Floor, Ohm House-II, Ohm Business Park, Subhanpura, Vadodara - 390 023, Gujarat, India Tele: +91 265-2303201/02 Fax No: +91 265-2303203

PROCEEDINGS OF THE 47TH ANNUAL GENERAL MEETING OF INEOS STYROLUTION INDIA LIMITED HELD ON THURSDAY, AUGUST 27, 2020.

The 47th Annual General Meeting of the Company was held on Thursday, August 27, 2020 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Meeting commenced at 11:00 a.m. (IST) and concluded at 11.30 a.m. (IST).

Mr. Stephen Mark Harrington chaired the meeting held through VC. After welcoming the members, he requested the Independent Directors, attending the meeting through VC, to introduce themselves. All the directors of the Company were present at the meeting through video-conferencing from their respective locations. The meeting was also attended by the Chief Financial Officer and the Company Secretary, along with the representatives of the Statutory Auditors, M/s Price Waterhouse, Chartered Accountants LLP.

The Chairman confirmed that the requisite quorum was present and called the meeting to order and open for business.

The Chairman informed that the Meeting was being held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

With the consent of the members, the notice convening the annual general meeting, having been circulated to the members of the Company, was taken as read.

The Chairman shared his views on the business performance of the Company during the year ended on March 31, 2020 and also the impact on operations due to Covid-19.

The members were informed that the Company had provided the members the facility to cast their votes electronically, on all 5 resolutions set forth in the Notice convening the annual general meeting of the Company. Further, the facility to vote on resolutions through electronic voting system at the meeting was made available to the members who participated in the meeting and had not cast their votes through remote e-voting earlier.

The Board of Directors had appointed Mr. Devesh Pathak, Practicing Company Secretary. Vadodara as the Scrutinizer to supervise the e-voting process and Mr. Pathak was present through VC.

The following items of business as set out in the Notice convening the 47th Annual General Meeting were commended for members' consideration and approval.

Ordinary Business:

1. Adoption of the audited financial statements of the Company for the financial year ended on March 31, 2020 together with the reports of the Board of Directors and of Auditors thereon.
1. Appointment of Director in place of Mr. Nitankumar Duggal (DIN: 07872778), who retires by rotation and, being eligible, seeks re-appointment.
1. Appointment of M/s. Deloitte Haskins & Sells as statutory auditors of the Company

Head Office: INEOS Styrolution India Ltd. CIN: L25200GJ1973PLC002436 5th Floor, Ohm House-II, Ohm Business Park, Subhanpura, Vadodara - 390 023, Gujarat, India Tele: +91.265-2303201/02 Fax No: +91 265-2303203

INEOS YROLUTION

INEOS Styrolution India Ltd. 5th Floor, Ohm House-II, Ohm Business Park, Subhanpura, Vadodara - 390 023 Gujarat, India

Special Business:

1. Re-appointment of Mr. Nitankumar Duggal as Whole-time Director of the Company for the period of 3 years w.e.f. August 31, 2020.
1. Payment of remuneration to the Cost Auditors of the Company for the Financial Year 2020- $21.$

Clarifications were provided to the queries raised by the members.

The members were informed that the results of the e-voting shall be disseminated to the stock exchanges and will also be uploaded on the website of the Company within the prescribed time limit.

The meeting concluded with a vote of thanks to the Chairman.

For INEOS Styrolution India Limited

Abhijaat Sinha Head - Legal & Company Secretary

ROLUTIO ADODA

Notes:

i. The results of e-voting will be separately intimated to the Stock Exchanges.

ii. This document does not constitute minutes of the proceedings of the 47^th Annual General Meeting of the Company held through video conferencing.

AI assistant

Styrenix Performance Materials Limited AGM Information 2020

60520_rns_2020-08-27_96048491-0506-4609-aa2e-dca0306d2b16.pdf