Sundram Fasteners Ltd. — AGM Information 2021

Aug 20, 2021

Sundram Fasteners Limited

Email: investorshelpdesk@sfl.co.in

REGISTERED 8. CORPORATE OFFICE 98-A, VII FLOOR DR. RADHAKRISHNAN SALA, MYLAPORE, CHENNAI - 600 004, INDIA TELEPHONE : +91 - 44 - 28478500 PAN AAACS8779D CIN L359991N1962PtC004943 WEBSITE : wow. sundrom.corn

August 20, 2021

National Stock Exchange of India Limited (NSE)

Scrip Code - SUNDRMFAST Exchange Plaza, 5thFloor Plot No.C/1, G Block Bandra Kuria Complex, Bandra (East) Mumbai — 400 051

BSE Limited (BSE)

Scrip Code - 500403 Phiroze Jeejeebhoy Towers Dalai Street, Fort Mumbai — 400 001

By NEAPS

By Listing Centre

•

Dear Sir / Madam,

Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — Summary of proceedings of 58thAnnual General Meeting held on August 20, 2021

The 58thAnnual General Meeting (AGM) of the Members of the Company was held today (Friday, August 20, 2021) at 10.00 a.m. through Video Conferencing and Other Audio Visual Means (VC / OAVM) and the businesses mentioned in the Notice dated May 6, 2021 convening the AGM were transacted.

We enclose herewith the summary of the proceedings thereon.

Please take the above information on record.

Thanking you,

Yours truly, For SUNDRAM FASTENERS LIMITED

1'1

R Dilip Kumar Vice President — Finance & Company Secretary

Summary of proceedings of 58thAnnual General Meeting held on August 20, 2021

The 58th Annual General Meeting of the members of Sundram Fasteners Limited ("the Company") was held on August 20, 2021 through Video Conferencing / Other Audio Visual Means (VC / OAVM) at 10.00 a.m. in accordance with the circulars dated January 13, 2021, April 8, 2020, April 13, 2020 read with the circular dated May 5, 2020 issued by Ministry of Corporate Affairs (MCA) and circular dated January 15, 2021 read with circular dated May 12, 2020 issued by the Securities and Exchange Board of India (SERI).

Sri Suresh Krishna, Chairman of the Board of Directors, occupied the Chair. The Chairman called the meeting to order as the requisite quorum was present.

The Chairman informed that the Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders' Relationship Committee were present in the meeting through Video Conference / Other Audio Visual Means. Sri Heramb R Hajarnavis, Non-Executive Independent Director was not present during the meeting. The Chairman stated that the Statutory Auditor, Cost Auditor and Secretarial Auditor were present in the meeting through Video Conference / Other Audio Visual Means.

The Register of Members, Register of Directors and Key Managerial Personnel and their shareholdings in terms of Section 170 read with Section 171 of the Companies Act, 2013 and the Register of Contracts in terms of Section 189 of the Companies Act, 2013, the Register of Investments under Section 186 of the Companies Act, 2013, the Auditor's Report and the Secretarial Audit Report were made available for inspection by the shareholders till the conclusion of the meeting through a separate link provided by National Securities Depository Limited (NSDL).

With the permission of the Members present, the Notice to the Shareholders dated May 6, 2021 calling for the 58thAnnual General Meeting was taken as read. The Chairman informed that the Independent Auditors Report and Secretarial Auditors Report were free from any qualifications / observations or other remarks. Accordingly, the Independent Auditor's Report, the Secretarial Auditor's Report and its annexure was also taken as read in terms of Section 145 of the Companies Act, 2013, as they were made available with the shareholders.

The Chairman highlighted various aspects of the operations of the Company, performance for the financial year 2020-2021, dividend paid and outlook for the future.

After conclusion of the speech, Chairman requested those shareholders who were registered to speak at the meeting to submit their queries. The registered speaker shareholders requested clarifications broadly focusing on accounting / financial aspects and on future plans of the Company. Clarification was provided to the members by the Chairman.

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The following business was transacted at the meeting:-

Resolution No	Subject
	Ordinary Business (Ordinary Resolution)
1	Adoption of Audited Financial Statement including the Consolidated Financial Statement, Report of the Board of Directors and Auditors for the financial year ended March 31, 2021.
2	Re-appointment of Ms Arathi Krishna (DIN: 00517456) as a Director, who retires by rotation.
	Special Business (Ordinary Resolution)
3	Ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2022.

The Chairman then offered to conduct the e-voting through the NSDL platform in order to provide an opportunity to those members who have not exercised their votes through remote e-voting. The e-voting was conducted for all the resolutions. The entire voting process including remote e-voting was scrutinized by the Scrutinizer Sri K Sriram, Practicing Company Secretary on all the resolutions.

The Chairman informed the members that the consolidated results of e-voting would be announced within 2 working days and will be intimated to the Stock Exchange and posted on the website of the Company and the NSDL.

With the vote of thanks by Sri R Srinivasan, Director and upon completion of the voting process, the meeting ended at 11:06 a.m.

Chairman thanked the shareholders and declared the meeting as conduded.

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