Sunil Industries Ltd. — AGM Information 2021

Sep 28, 2021

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CIN No.: L99999MH1976PLC019331

45[th] Annual General Meeting

Venue: Date 28[th] September, 2021. Meeting held through Video Conference Time: 04.15 P.M.

PROCEEDINGS OF THE 45[TH ] ANNUAL GENERAL MEETING OF SUNIL INDUSTRIES LIMITED ON MONDAY, 28[TH] SEPTEMBER, 2021 AT 04.00 P.M. THROUGH VIDEO CONFERENCE (VC)/OTHER AUDIO-VISUAL MEANS (OAVM).

As per the Notice dated 28[th ] August, 2021, the Forty-Fifth Annual General Meeting (AGM) of the Company was held on 28[th] September, 2021 at 04.15 p.m. through VC/OAVM.

Mr. Ramesh Khanna - Chairman elected by the Directors of the Company at the AGM, presided over the proceeding and welcomed the members to the forty-fifth 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. Except Mr. Vinod Lath, 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.

45 Members being present in the meeting the Chairman declared the meeting as validly convened as per terms of section 103 of Companies Act, 2013 an as per Articles of Association of Company.

The Company Secretary then informed that the Authorised Representative of Body Corporates holding 1027800 Equity Shares aggregating to 24.47%, attended the Meeting.

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, 2021 and its future outlook.

The Chairman then took up the formal proceedings of the meeting with the concurrence of the members, the notice of 45[th] Annual General Meeting together with the financial Statements and Directors’ Report were taken as read along with the Auditors Report.

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CIN No.: L99999MH1976PLC019331

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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 45[th] Annual General Meeting. The remote e-voting period had commenced on Saturday, 25[th] September, 2021 at 9.00 a.m. and ends on Monday, 27[th] September, 2021 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.

The Shareholders were informed that the Board of Directors had appointed CS Hemant Shetye, 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 e-voting and e-voting during the AGM:

1. Ordinary Resolution: FOR APPROVAL OF AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021.

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 F.Y 2021- 2022.

SPEICAL BUSINESS:

4. Ordinary Resolution: FOR RATIFICATION OF REMUNERATION PAYABLE TO COST AUDITOR FOR FINANCIAL YEAR 2021-2022.

5. Ordinary Resolution: FOR APPROVAL OF RELATED PARTY TRANSACTIONS UP TO THE MAXIMUM LIMITS AS SPECIFIED WITH THE RELATED PARTIES

6. Special Resolution: FOR ALTERATION OF MEMORANDUM OF ASSOCIATION AS PER THE PROVISIONS OF THE COMPANIES ACT, 2013.

7. Special Resolution: FOR RE-APPOINTMENT OF SHRUTI SARAF AS AN INDEPENDENT WOMAN DIRECTOR.

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CIN No.: L99999MH1976PLC019331

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There being no prior requests for registration as Speaker Shareholders, the Chairman, 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 2 days 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 04.37 pm.

For Sunil Industries Limited,

RAMESH Digitally signed by RAMESH CHAMANLAL KHANNA DN: c=IN, st=Maharashtra, 2.5.4.20=e08b507af21c57a7dd26601c39ccf98d8f0d189 CHAMANLAL a84a40a195169d22298637924, postalCode=400020, street=315, REWA CHEMBERS,NEW, NEW MARIN LINES, serialNumber=cbde482d3b6295d2e82b7e5a9bc84a1813d793b68c18dba0890da3fc13374c61, KHANNA ou=MANUFACTURING, o=SUNIL INDUSTRIES LIMITED, cn=RAMESH CHAMANLAL KHANNA Date: 2021.09.28 19:30:13 +05'30'

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Ramesh Khanna Whole-Time Director DIN: 00130351

Date: 28[th] September, 2021. Place: Mumbai.

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