Tasty Bite Eatables Ltd. — AGM Information 2019

Aug 9, 2019

. TBEL/SE/2019-20 August 8, 2019

,

Corporate ' A Department, Exchange Plaza, 151 Floor, New Trading Ring, ' Rotunda Bldg, P.J. Towers, Bandra (E) Mumbai— 400 051 Dalal Street, Mumbai 400 001

BSE Limited, National Stock Exchange Limited

Relationship Corporate Services, Bandra Kurla Complex, Symbol TASTYBITE

Sub: Summaiy ofproceeding ({1' 35th Annual General Meeting held on August 8, 2019

Dear Sir,

Pursuant to regulation 30 and Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith summary ofproceedings of 35th Annual General Meeting (AGM) of the Company held on Thursday, August 8,2019 at Hotel Sheraton Grand, RBM Road, Pune— 411 001.

Kindly take it on your records.

Thanking you;

Yours faithfully,

. 1:111 Tasty 333m 13111111111 Limited _.

Matt/d

Mimi ".1211111131 Company Secretary

Regd. Off. : 201/202, Mayfair Tower, Wakdewadi, Shivajinagar, Pune - 411 005, India. Tel.: + 91 20 3021 6000, 2553 1105 Fax:- + 91 20 3021 6048,'E—mail : info@tastybite.¢om Factory : Gat No. 490, Bhandgaon, Pune Solapur Highway, Tal. Daund, Dist. Pune - 412214. Tel.: + 91 2117 306500 Website : www.tastybite.co.in, CIN : L15419PN1985PLC037347

SUMMARY OF PROCEEDINGS OF THE 35TH ANNUAL GENERAL MEETING OF TASTY BITE EATABLES LIMITED HELD ON THURSDAY, AUGUST 8, 2019 AT HOTEL SHERATON GRAND, RBM ROAD, PUNE — 411 001 AT 11.00 AM

Directors Present:

*

1.	'Mr.AshokVasudevan	Chairmanand Non-ExecutiveDirector
2.	'Mr.Kavas Patel,	ofAuditIndependent Directorand Chairman
	-	Committee	'
	MrRama/Kannan	Independent Director
	Dr.Chengappa Ganapati	Independent Director-
	Mr.Abh1J1tUpadhye	DirectorManaging
	Mr.Rao PVVSrinivasa	AdditionalDirector
	AllenMs.Dawn	Non-ExecutiveDirector
.°°.'.°'SJ':'>S"	Mr.Gaurav Gupta	ChiefFinancialOfficer

The Annual General Meeting ("AGM") commenced at 11.00 AM. on Thursday, August 8, 2019.

Mr. Abhl]1t Upadhye being Managing Director welcomed all the shareholders to the meeting. He introduced all the directors to the members and request Mr. Ashok Vasudevan (Chairman) to conduct the meeting. Mr. Ashok Vasudevan then occupied the Chair and welcomed everybody present at the venue. He informed that Mr. Kavas Patel— Independent Director and Chairman of Audit Committee, Stakeholder Relationship Committee and Nomination and Remuneration Committee is present to address queries related to Investors, if any.

He" declared that the necessary quorum was present and that the AGM was in order. He further informed that the instruments of Proxy, AuditOrs Report, Statutory Registers and other documents as per AGM Notice were available for inspection. Further Mr.' Rajneesh Desai, . Partner of B S R & Associates LLP — Statutory Auditors and Mr. Vineet Ramoo Pareek, Pareek -V. R. & Associates ~— Practicing Company Secretaries were also present at the AGM.

Mr. Ashok'Vasudevan informed that there was no qualifiCations, in the Statutory Auditors' Report or matters having any adverse effect on the functioning of the Company. Further, there were no qualifications in the Secretarial Auditors Report and Secretarial Compliance Report. He delivered a speech thereafter referring to his Statement (Chairman Statement in the Annual Report). The Chairman also informed the shareholders that various registers as mandated by law are available for inspection of shareholders.

The Chairman" then requested the Company Secretary — Ms. Minal' Talwar to brief the Members about e-voting and requested the Poll to be taken. He stated that the Company had provid voting facility to the Members to cast their votes electronically in respect of all businesse

Regd. Off.: 201/202, Mayfair Tower, Wakdewadi, Shivajinagar, Pune- 411 005, India. Tel.: + 91 20 3021 6000, 2553 1105 Fax:- + 91 20 3021 6048, E—mail: info@tastybite.com Factory: Gat No. 490, Bhandgaon, Pune Solapur H1ghway, Tal Daund, Dist. Pune- 412214. Tel.:+912117 306500 . Website. www.tastybite.coin, CIN: L15419PN1985PLC037347

mentioned in the 35th AGM Notice. The 'e-voting facility was kept open for a period of 5 days from Saturday, August 3, 2019, 09.00 A.M. IST to Wednesday, August 7, 2019, 05.00 PM. IST. Mr. Vineet Ramoo Pareek, Pareek V. R. & Associates, Practicing Company Secretaries was appointed as the Scrutinizer for scrutinizing the e-voting process.

Ms. Minal Talwar also eXplained the shareholders that in order to enable the Members at the AGM1n persOn or in proxy to cast 'their vote, a poll Was taken1n respect of all the resolutions contained in the Notice. Mr. Vineet Ramoo Pareek, Pareek V. R. & Associates, Practicing Company Secretaries was appointed as Scrutinizer for the poll. Then Scrutinizers locked and sealed the enrpty polling boxes in the presence ofthe Members and the proxies.

Before proceeding for poll, the Chairman invited the Members to offer comments and seek clarifications on all resolutions including adoption of audited accounts for the year ended March 31, 2019. Few questions were raised and satisfactorily answered by the Chairman. The Chairman explained the objective and implication of all resolutions before they were put to vote at the meeting. '

The following items ofbusiness were transacted at the Annual General Meeting:

Ordinary Business:

• 1. Adoption ofFinancial Statements and Report ofthe Directors and Auditors thereon
• 1. Declaration of dividend of Rs.2 per Equity Share on'25,66,000 Equity shares cf Rs. 10 each for the financial year 2018-19
• 1. Re-appointment of Ms. Dawn Allen, as Director who retires by rotation

Special Business:

'6

• 1. Regularization ofAdditional Director Mr. PVV Srinivasa Rao
• 1. Fixation of remuneration of Mr. Abhijit Upadhye as Managing Director till March '31, 2020 .
• . Re-appointment of Mr. Kavas Patel as Independent Director
• Issue of equity share on preferential basis to Preferred Brands Foods (India) Private Limited. - , >191

The Chairman then ordered that all the resolutions in the Notice be put to Poll. Members were requested to cast their votes usingthe poll/ ballot papers provided to them. The Chairman further declared that the results of the e-voting and poll will be reconciled and declared on receipt of Scrutinizers (Mr. Vineet Ramoo Pareek, Pareek V R. & Associates, Practicing Company Secretaries) report The same willalso be uploaded on the Company's website within 2 days on this AGM and will also be communicated to the Stock Exchanges on which shares ofthe

Regd. Off. : 201 /202, Mayfair Tower, Wakdewadi, Shivajinagar, Pune - 411 005, India. Tel.: +91 20 3021 6000, 2553 1105 Fax: + 91 20 3021 6048, E-mail : info@tastybite.¢om Factory : Gat No. 490, Bhandgaon, Pune SOlapur Highway, Tal. Daund, Dist. Pune - 412214. Tel.: + 91 2117 306500 Website : www.tastybite.co.in, CIN : L15419PN198'5PLC037347

Company are listed Thereafter, actual poll commenced and AGM was concluded at 12.20 P.M on August 8, 2019.

ior" Tasty git-e 2111133200 Limited

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its Place: Pune ' Date: August 8, 2019

Raw Off. 2 201 /202, Mayfair Tower, Wakdewadi, Shivajinagar, Pune - 411 005, India. T612+ 9120 3021 6000, 2553 1105 Fax: + 91 20 3021 6048, E-mail: info@tastybite.'com Factory: GatNo 490,Bhandgaon, Pune Solapur Highway, Tal. Daund, Dist. Pune- 412214. Tel.: + 912117 306500 Website: www.tastybite.co.in, CIN: L15419PN1985PLC037347