Sunil Industries Ltd. — AGM Information 2020

Sep 28, 2020

CIN No.: L99999MH1976PLC019331

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44[th] Annual General Meeting

Venue: Meeting held through Video Conference

Date 28[th] September, 2020. Time: 11.00 a.m.

PROCEEDINGS OF THE 44[TH ] ANNUAL GENERAL MEETING OF SUNIL INDUSTRIES LIMITED ON MONDAY, 28[TH] SEPTEMBER, 2020 AT 11.00 A.M. THROUGH VIDEO CONFERENCE (VC)/OTHER AUDIO-VISUAL MEANS (OAVM).

As per the Notice dated 28[th ] August, 2020, the Forty-Fourth Annual General Meeting (AGM) of the Company was held on 28[th] September, 2020 at 11.00 a.m. through VC/OAVM.

Mr. Vinod Lath - Chairman of the Company presided over the proceeding and welcomed the members to the forty-fourth Annual General Meeting of the Company.

The Company Secretary introduced the Board members of the company.

The Company Secretary acknowledged the attendance of Representatives of Statutory Auditors, Cost Auditors and Secretarial Auditors who were attending through Video Conferencing. All the Directors of the Company (including Chairman of the Audit Committee, Chairman of the Nomination and Remuneration Committee and Chairman of the Stakeholders’ Relationship Committee attended the AGM through Video Conferencing.

The Company Secretary then informed that the Company has received 5 Board Resolutions appointing Authorised Representatives, presenting 23.20% of voting capital.

The Chairman declared that 40 Members being present the meeting is called to be in order. The chairman then addressed the members and gave an overview of the financial performance of the Company for the financial year ended 31[st] March, 2020 and its future outlook.

The Chairman then took up the formal proceedings of the meeting with the concurrence of the members, the notice of 44[th] Annual General Meeting together with the financial Statements and Directors’ Report were taken as read along with the Auditors Report.

The Company Secretary then informed the members that in accordance with the provisions of Companies Act, 2013 read with the Rules made thereunder and the SEBI (Listing Obligations and Disclosure Requirements), Rules, 2015 with the Stock Exchange, the Company had extended the remote e-voting facility through Central Depository Services Limited (CDSL) to enable the members to cast/exercise their votes(s) electronically on the agenda items specified in the Notice of 44[th] Annual General Meeting. The remote e-voting period had commenced on 25[th] September, 2020 at 9.00 a.m. and ends on Sunday, 27[th] September, 2020 at 5.00 pm.

The Company Secretary further informed that the shareholders who were not able to vote through remote e-voting, were requested to vote through e-voting during the course of AGM.

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CIN No.: L99999MH1976PLC019331

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The Shareholders were informed that the Board of Directors had appointed CS Prakash Naringrekar, Partner HS Associates Practicing Company Secretaries as the Scrutinizer to supervise the remote e- voting and e-voting process during the AGM.

The following resolutions as set out in the Notice convening the AGM were put to vote by remote evoting and e-voting during the AGM:

1. Ordinary Resolution: FOR APPROVAL OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020

2. Ordinary Resolution: FOR APPROVAL FOR Re-APPOINTMENT OF MR. PRADEEP ROONGTA, WHOLE TIME DIRECTOR (HOLDING DIN 00130283) WHO IS RETIRING BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT

3. Ordinary Resolution: FOR APPROVAL OF REMUNERATION PAYABLE TO STATUTORY AUDITORS FOR FY 2020-21

4. Ordinary Resolution: FOR RATIFICATION OF REMUNERATION PAYABLE TO COST AUDITOR FOR FINANCIAL YEAR 2020-21

There being no prior requests for registration as Speaker Shareholders, the Chairman Mr. Vinod Gajanand Lath, invited any queries during the course of AGM through E-mail or through the chat and assured that those queries would be suitably replied.

The Chairman informed the members that the results of voting i.e Remote e-voting results and results of voting done at the AGM along with the consolidated Scrutinizer’s Report shall be announced within 48 hrs from the conclusion of the AGM at the registered office of the Company and on the website of the Company and BSE Limited.

The Company Secretary proposed a vote of Thanks for all the members for their presence and support and announced that as a last opportunity the E-voting portal for voting on the Resolutions for the members who had not still voted shall be kept open for 15 more minutes and thereafter the AGM shall be deemed to be concluded.

The meeting concluded at 11.47 am

For Sunil Industries Limited,

Digitally signed by Vinod Lath DN: c=IN, o=Personal, 2.5.4.20=b52583d173a37c3f1b6a85ca1 Vinod 1890802984afee375d124da20824e376 3f54777, postalCode=400026, st=MAHARASHTRA, serialNumber=4d63de96f97ba1a7b793 49c032a1e0dc02ccb4c33120d53001c5 Lath b781c9ca64af, cn=Vinod Lath Date: 2020.09.28 16:05:13 +05'30'

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MR. Vinod Lath Chairman & Managing Director DIN: 00064774

Date: 28[th ] September, 2020. Place: Mumbai.

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