TGV SRAAC LIMITED — Board/Management Information 2022

Aug 10, 2022

TGV SRAAC LIMITED

(Formerly Sree Rayalaseema Alkalies and Allied Chemicals Limited) 6-2-1012, 2nd Floor, TGV Mansion, Khairatabad, Hyderabad -500 004, Telangana, INDIA. CD040-23313842, Fax : 040- 23313875 Email: sralkalies@tgymail.net CIN : L24110AP1981PLC003077

REF: TGVSL:SECL:233BM:BSE:2022-23: August 10, 2022

BSE LIMITED, PHIROZE JEEJEEBHOY TOWERS, 25th FLOOR, DALAL STREET, M U M BA I - 400 001 Phone: 022-22721233 I 34

Kind Attn: DCS - CRD

Dear Sir,

Sub: Outcome of the Board Meeting - Reg.

**** Ref: 1. Regulation 30, 33 and 91 of SEBI (LODR) Regulations, 2015. 2. Scrip Code: 507753.

This is to inform that the Board of TGV SRAAC LIMITED in its meeting held on 10th August, 2022 through Video Conference (VC) have considered and approved the following : ·

• (1) Un-audited Financial Results for the First Quarter Ended 30th June, 2022 as per the Stock Exchange Format in compliance of Schedule-III and in pursuance to Regulation 33 of SEBI (LODR) Regulations, 2015 (Ind-AS).
• (2) Copy of Statutory Auditors Limited Review Report for the Quarter Ended 30.06.2022 pursuance to Regulation 33 of SEBI (LODR) Regulations, 2015.
• (3) As recommended by Nomination & Remuneration Committee Dt.18.07.2022, the Board co-opted Ms.Geeta Ramesh Serwani (DIN : 09130636) as Additional Director designated as Non-Executive Director subject to Shareholders approval in the AGM. Details of Bio- Data are enclosed as "Annexure - I"
• (4) The Board of Directors have approved copy of Notice of AGM and Directors' Report with Annexures in connection with ensuing AGM.

Contd .... 2

Regd. Off. & factory: Gondiparla, KURNOOL- 518 004. (A.P) INDIA. 1l + 91 8518 280006,7, 8 Fax: 08518-280098 Corporate Off: 40-304, 2nd Floor, K.J. Complex, Bhagya Nagar, KURNOOL- 518 004. (AP) INDIA. V 08518-221933, 221939 Fax: 08518-226973 Bellary Power Plant: P.D.Halli (Post), T Budehal Dist. Pin 583 138, 1l (0839) 265239, 265085, Fax: 0839-265240 Chennai Off: New No. 100{old No.74) 1st Floor, Greenways Road, Extn. R.A.Puram, Chennai-600 028. 1l 044-24611932, 11940 Fax: 044-24612553 Bangalore Off: 25, 1st Floor, Shankara Park Road, Shankarapuram, Bangalore - 560 004. 1l 080 - 26520493, 5120493, Fax: 080 - 266523655 Mumbai Off: 302, Rishikesh Apt. 3rd Floor, Above Sapna Hotel, Opp: N.L. College, S.V. Road, Malad(west)Mumbai-400 064 Tele Fax: 022-28084481/82 Delhi Off: 72175, 2nd Floor, Amnt Chamber, Scindia House, Janpat, Connaught Place, New Delhi-110 001 Tele Fax : +91-11-51513233

TGV SRAAC·LJMITED

(Formerly Sree Rayalaseema Alkalies and Allied Chemicals Limited) 6-2-1012, 2nd Floor, TGV Mansion, Khairatabad, Hyderabad-500 004, Telangana, INDIA. Cl)Q40-23313842, Fax: 040- 23313875 Email: sralkalies@tgvmail.net CIN : L24110AP1981PLC003077

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• (5) The Board has approved the date of ensuing AGM to be held on 15-09-2022 (Thursday) at 11.30 A.M through VC/OAVM mode in pursuance to MCA Circulars dtd.08.04.2020, 13.04.2020, 05.05.2020 and 05.05.2022 and SEBI Circulars dtd.09.12.2020 and 13.05.2022.
• (6) Book Closure will be for 6 (Six) days from 10-09-2022 to 15-09-2022 (both days inclusive) as per Regulation 42 of SEBl (LODR) Regulations. 2015.
• (7) M/s. Central Depository Services (India) Ltd., (CDSL) has been appointed to provide remote e-voting services to shareholders and also during AGM. Remote e-voting will start from 12-09-2022 at 9.00 AM and ends on 15-09-2022 at 5.00 P.M.
• (8) Mr. M. Nirmal Kumar Reddy, Practicing Chartered Accountant, Kurnool has been . appointed as Scrutiniser to complete the process of counting and submit report to chairman.
• (9) The Board has taken note of the allotment of 20,91,578 Equity Shares at the rate of Rs. 95 l: each (Face Value of Rs.10 / - each, Premium of Rs.85 /-each) to the Company by M/s Brilliant Bio-Pharma Private Limited (BBPL). This is in response to Rs.19 .87 Cr. invested by the Company in BBPL with Board approvals as intimated earlier to BSE vide Dtd.11..11.2021 & 19.05.2022 as "Annexure - II"
• (10) The Company proposed to enter into an Agreement with Sri.T G Venkatesh (Main Promoter) for availing Advisory Services. Details enclosed as "Annexure - III".
• (11) As recommended by the Audit Committee (dt.10.08.2022) the Board has given approval for Appointment of M/s Brahmayya & Co., Chartered Accountants (Firm Regn. No.000515 S) as Statutory Auditors for a period of 5 Consecutive Years starting from the conclusion of ensuing AGM upto conclusion of 45th AGM subject to Members Approval at the AGM to be held on 15.09.2022 "Annexure - IV".

Contd .... 3

Regd. Off. & factory: Gondiparla, KURNOOL- 518 004. (A.P) INDIA. 'if+ 91 8518 280006, 7, 8 Fax: 08518-280098 Corporate Off: 40-304, 2nd Floor, K.J. Complex, Bhagya Nagar, KURNOOL- 518 004. (A.P) INDIA.'if 08518-221933, 221939 Fax: 08518-226973 Bellary Power Plant: P.D.Halli (Post), T Budehal Dist. Pin 583 138, 'if (0839) 265239, 265085, Fax: 0839-265240 Chennai Off: New No. 100(old No.74) 1st Floor, Greenways Road, Extn. R.A.Puram, Chennai-600 028. 'if 044-24611932, 11940 Fax: 044-24612553 Bangalore Off: 25, 1st Floor, Shankara Park Road, Shankarapuram, Bangalore - 560 004. 'if 080 - 26520493, 5120493, Fax: 080 - 266523655 Mumbai Off: 302, Rishikesh Apt. 3rd Floor, Above Sapna Hotel, Opp: N.L. College, S.V. Road, Malad(west)Mumbai-400 064 Tele Fax: 022-28084481/82 Delhi Off: 72/75, 2nd Floor, Amnt Chamber, Scindia House, Janpat, Connaught Place, New Delhi-110 001 Tele Fax: +91-11-51513233

TGV SRAAC LIMITED

(Formerly Sree Rayalaseema Alkalies and Allied Chemicals Limited) 6-2-1012, 2nd Floor, TGV Mansion, Khairatabad, Hyderabad - 500 004, Telanqana, INDIA. (i)o40-23313842, Fax: 040- 23313875 Email: sralkalies@tgvmail.net CIN : L24110AP1981PLC003077

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• (12) The Board has given In-principle approval to the Company for 15 MW capacity addition to the Solar Power Project (this is in addition to previous Board approval for 25 MW Solar Power as intimated to BSE earlier). Further, the Board noted that 10 MW Solar Power commissioned out of the above approval.
• (13) The Board has taken note that the Company has prepaid Term Loans upto Rs.72 Crsto Banks.

Kindly take the same on record and acknowledge.

Thanking you,

Yours faithfully, For TGV SRAAC Limited

~~

(V. Radhakrishna Murthy) Chief General Manager & Company Secretary

Encl: As above.

Regd. Off. & factory: Gondiparla, KURNOOL - 518 004. (A.P) INDIA. 'ii'+ 91 8518 280006, 7, 8 Fax: 08518-280098 Corporate Off: 40-304, 2nd Floor, K.J. Complex, Bhagya Nagar, KURNOOL-518 004. (AP) INDIA.'il 08518-221933, 221939 Fax: 08518-226973 Bellary Power Plant: P.D.Halli (Post), T Budehal Oist. Pin 583 138, 'ii' (0839) 265239, 265085, Fax: 0839-265240 Chennai Off: New No. 100(old No.74) 1st Floor, Greenways Road, Extn. R.A.Puram, Chennai-600 028. 'ii' 044-24611932, 11940 Fax: 044-24612553 Bangalore Off: 25, 1st Floor, Shankara Park Road, Shankarapuram, Bangalore -- 560 004. 'ii' 080 - 26520493, 5120493, Fax: 080 - 266523655 Mumbai Off: 302, Rishikesh Apt. 3rd Floor, Above Sapna Hotel, Opp: N.L. College, S.V. Road, Malad(west)Mumbai-400 064 Tele Fax: 022-28084481/82 Delhi Off: 72/75, 2nd Floor, Amnt Chamber, Scindia House, Janpat, Connaught Place, New Delhi-110 001 Tele Fax : +91-11-51513233

TGV SRAAC LIMITED

(Formerly Sree Rayalaseema Alkalies and Allied Chemicals Limited) 6-2-1012, 2nd Floor, TGV Mansion, Khairatabad, Hyderabad -500 004, Telangana, INDIA. (l)o40-23313842, Fax : 040- 23313875 Email: sralkalies@tgvmail.net CIN : L24110AP1981PLC003077

ANNEXURE-I

Brief Profile

(Details required in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dtd. 09/09/2015)

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For TGV SRA ..AC Ll~ED ~~

V. RADHAKRISHNA MURTHY C.G.M. And Company Secretary

Regd. Off. & factory: Gondiparla, KURNOOL- 518 004. (A.P) INDIA. 'iL' + 91 8518 280006, 7, 8 Fax: 08518-280098 Corporate Off : 40-304, 2nd Floor, K.J. Complex, Bhagya Nagar, KURNOOL - 518 004. (A.P) INDIA. 'iL' 08518-221933, 221939 Fax: 08518-226973 Bellary Power Plant: P.D.Halli (Post), T Budehal Dist. Pin 583 138, 'iL' (0839) 265239, 265085, Fax: 0839-265240 Chennai Off: New No. 100(old No.74) tst Floor, Greenways Road, Extn. R.A.Puram, Chennai-600 028. 'ii' 044-24611932, 11940 Fax: 044-24612553 Bangalore Off: 25, 1st Floor, Shankara Park Road, Shankarapuram, Bangalore - 560 004. 'iL' 080 - 26520493, 5120493, Fax: 080 - 266523655 Mumbai Off: 302, Rishikesh Apt, 3rd Floor, Above Sapna Hotel, Opp: -N.L. College, S.V. Road, Malad(west)Mumbai-400 064 Tele Fax: 022-28084481/82 Delhi Off: 72/75, 2nd Floor, Amnt Chamber, Scindia House, Janpat, Connaught Place, New Delhi-110 001 Tele Fax: +91-11-51513233