Take Solutions Ltd — AGM Information 2021

Oct 24, 2021

==> picture [591 x 125] intentionally omitted <==

October 24, 2021

TAKE/BSE/2021‐22

TAKE/NSE/2021‐22

The Manager Dept. of Corporate Services‐Listing BSE Limited, P. J. Towers, Dalal Street, Mumbai ‐ 400001 Scrip Code: 532890

The Manager‐Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra ‐ Kurla Complex, Bandra (East), Mumbai ‐ 400051 Symbol: TAKE

Dear Sir/ Madam,

Sub: Summary of Proceedings of Extra Ordinary General Meeting of the Company

We wish to inform the Stock Exchange that, the Extra Ordinary General Meeting (“EGM”) of the Company was held on October 23, 2021. In this regard, please find enclosed the Summary of proceedings of the EGM as required under Regulation 30, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015.

Thanking you.

Yours Sincerely,

For TAKE Solutions Limited

SRINIVASAN Digitally signed by SRINIVASAN PATTABHIRAMAN PATTABHIRAMAN Date: 2021.10.24 13:29:57 +05'30'

Srinivasan. P Company Secretary Encl: As above

==> picture [91 x 85] intentionally omitted <==

PROCEEDINGS OF THE EXTRA ORDINARY GENERAL MEETING OF TAKE SOLUTIONS LIMITED HELD ON SATURDAY, OCTOBER 23, 2021, AT 4:00 P.M

The Extra Ordinary General Meeting of the Members of the Company (“EGM”) was held on October 23, 2021, through video conferencing (VC)/Other Audio‐Visual Means (OAVM) at 4:00 P.M.

Mr. N. Kumar, Chairman of the Board of the Company took the Chair and welcomed the Members present at the EGM of the Company. He informed the members that in view of the COVID‐19 pandemic and to support the health and well‐being of all stakeholders, the EGM is being conducted through video conferencing in compliance with applicable MCA and SEBI Circulars. He confirmed that the members forming requisite quorum have logged‐ in and that the Independent Directors / Auditors have also logged in and present in the meeting. The following Directors /officials attended the EGM:

1. Mr. N Kumar, Independent Director, Chairman of Board & Chairman of Stakeholders’ Relationship Committee

2. Mr. Srinivasan H.R., Vice‐Chairman & Managing Director

3. Mr. V. Murali, Independent Director

4. Mr. B. Srinivasan, Independent Director & Chairman of Nomination and Remuneration Committee

5. Ms. Uma Krishnan, Independent Director & Chairman of the Audit Committee

6. Ms. N S Shobana, Executive Director

7. Mr. Srinivasan. P – Company Secretary

The representatives of the Statutory Auditors and Secretarial Auditors were also present at the EGM.

Total 59 Members, holding 1,61,736 shares, participated through video conferencing (VC)/Other Audio‐Visual Means in the EGM.

The Chairman ascertained the requisite quorum and called the meeting to order.

He introduced the Directors and officials present in the meeting and then the Company Secretary informed the Members regarding regulatory aspects relating to participation at the EGM through VC. The Company Secretary , inter‐alia, informed the Members that the Registers as required under the Companies Act, 2013 were available for inspection by the Members.

The members were also informed that pursuant to the provisions of Companies Act, 2013 and Regulation 44 of SEBI (Listing Obligation & Disclosure Requirements), Regulations, 2015, the Company had provided e‐Voting facility to its Members for the businesses proposed in the EGM Notice through CDSL platform. E‐Voting commenced on Tuesday, October 19, 2021, at 9:00 am and ended on Friday, October 22, 2021, at 5:00 pm.

The Chairman further informed that M. Alagar & Associates, Practicing Company Secretary, Chennai was appointed by the Board, as an Independent Scrutinizer for conducting the remote e‐voting and e‐voting at the EGM in a fair and transparent manner.

==> picture [91 x 85] intentionally omitted <==

On the invitation of the Chairman, Speaker Shareholders addressed the Meeting, gave their suggestions, and raised queries which were duly responded to by the Vice‐Chairman & Managing Director.

The following resolution, which was circulated to the members as part of the notice to the EGM, were proposed to the Members for voting:

Special Business:

1. Approval for sale of a controlling stake in the Company’s clinical research organisation business conducted under the brand name ‘Navitas’ to H.I.G. Taurus Pte. Ltd. and H.I.G. Taurus EAL Pte. Ltd. (collectively, “Buyer”) and matters relating thereto. ( Ordinary Resolution ).

The Chairman requested the scrutinizer to initiate the poll. He also informed the Members that the combined results of the remote e‐voting and e‐voting at the EGM would be announced to the Stock Exchanges in the format prescribed under Regulation 44 of SEBI (Listing Obligation & Disclosure Requirements), Regulations, 2015 and will also be made available on the website of the Company.

The Chairman thanked the Members of the Company for their participation.

The poll was initiated thereafter, and the Meeting concluded at 4:35 P.M.

For TAKE Solutions Limited

SRINIVASAN Digitally signed by SRINIVASAN PATTABHIRAMAN PATTABHIRAMAN Date: 2021.10.24 13:30:24 +05'30'

Srinivasan. P Company Secretary