Thacker & Co. Ltd. — AGM Information 2020

Aug 13, 2020

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13[th] August, 2020

To, The Manager, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001.

Ref: Scrip Code- 509945

Dear Sir/Ma’am,

Sub: Proceedings of the 142[nd] Annual General Meeting held on Thursday, 13[th] August, 2020

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a gist of the proceedings of the 142[nd] Annual General Meeting (“AGM”) of the Company held on Thursday, 13[th] August, 2020 at 12:00 noon through Video Conferencing (VC) / Other Audio Video Means (OAVM).

Please take the same on record.

Thanking you,

Yours faithfully, For Thacker And Company Limited

Digitally signed by REENA RAPHEL DN: c=IN, o=Personal, REENA postalCode=401202, st=Maharashtra, 2.5.4.20=c42ee41bcc84b584f88a1b559 4ecb52366b45444cf4463488d75c6e8c2 7a92a7, serialNumber=d731b5c24d5d7d431c5f 3a8143227516c08cdf41977905c26f2c1 RAPHEL 1ea6474c35e, cn=REENA RAPHEL Date: 2020.08.13 23:18:53 +05'30'

Reena Rapheal Company Secretary Encl: As above.

Regd. Off.: Bhogilal Hargovindas Building, Mezzanine Fl.18/20,K.Dubhash Marg, Mumbai-400001, India Corporate Office: Jatia Chambers, 60 Dr. V.B.Gandhi Marg, Mumbai-400001, India Tel: 91-22-43553333,

Web-Site: www.thacker.co.in , E-mail: thacker@thacker.co.in CIN No. : L21098MH1878PLC000033 GST No. : 27AAACT3200A1Z7

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Gist of the proceedings of the 142[nd] Annual General Meeting (“AGM”) of Thacker And Company Limited (“the Company”) held on Thursday, 13[th] August, 2020 at 12.00 noon (IST).

The 142[nd] Annual General Meeting (AGM) of the Members of Thacker and Company Limited (the Company) was held on Thursday, 13[th] August, 2020 at 12:00 Noon through Video Conference (VC) / Other Audio Visual Means (OAVM).

Mr. Arun kumar Mahabirprasad Jatia (Chairman) chaired the meeting.

The Chairman informed that, the 142[nd] Annual General Meeting of the Company was held through Video Conference (VC) / Other Audio Visual Means (OAVM) in Compliance with the MCA Circulars & SEBI Circular and the relevant provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The requisite quorum being present, the Chairman called the Meeting to order.

Thereafter he requested, the Board Members of the Company who are also participating the AGM through Video Conference from their respective locations, identify themselves and the location from where they are participating. At the request of the Chairman, all the Directors attending the AGM from their respective locations introduced themselves to the Members. 6 Directors of the Company, including the Chairman of the Audit Committee, Chairman of the Nomination and Remuneration Committee and the Chairman of the Stakeholders Relationship Committee, attended the AGM.

The Chairman informed to the Members that, apart from the Directors, Chief Financial Officer, Company Secretary, and Senior Management Team of the Company were present at the meeting.

Mr. Prakash Mandhaniya, on behalf of the Statutory Auditors M/s. ADV & Associates, Ms. Shalini Bhat, on behalf of the Parikh and Associates, the Secretarial Auditor of the Company was present at the AGM.

Thereafter, at the request of the Chairman, Ms. Reena Rapheal, Company Secretary of the Company briefed the regulatory matters and general instructions pertaining to the AGM to the Members.

Regd. Off.: Bhogilal Hargovindas Building, Mezzanine Fl.18/20,K.Dubhash Marg, Mumbai-400001, India Corporate Office: Jatia Chambers, 60 Dr. V.B.Gandhi Marg, Mumbai-400001, India Tel: 91-22-43553333,

Web-Site: www.thacker.co.in , E-mail: thacker@thacker.co.in CIN No. : L21098MH1878PLC000033 GST No. : 27AAACT3200A1Z7

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Thereafter, the Chairman informed to the Members the actions, which the Company has taken under the current circumstances to enable members to participate and vote on the agenda items being considered in the AGM.

The Notice convening the Annual General Meeting, the Directors’ Report and the Audited Accounts for the year ended 31[st] March, 2020 and the Auditor’s Report thereon were taken as read.

He further informed that, the Statutory auditors, M/s. ADV & Associates and Secretarial Auditor, M/s. Parikh and Associates, have not expressed any qualification, observation or comments on financial transactions or matters which have any adverse effect on the functioning of the Company, in their respective audit reports for the financial year ended on 31[st] March, 2020. Therefore, the same was not required to be read out at the AGM.

The Chairman further informed that, , the Company has provided to its Members, facility to exercise their right to vote on all resolutions set forth in this Notice of AGM through remote e-voting and the timeline for the said remote e-voting has already concluded at 5:00 p.m. on 12[th] August, 2020. It was further informed that, Members attending the AGM who have not cast their vote by remote e-voting may cast their vote electronically during the meeting. The Company has appointed M/s Parikh & Associates, as the Scrutinizer to supervise the e-voting process and voting at this AGM in a fair and transparent manner.

Thereafter, the Chairman addressed the Members and delivered his speech.

The Chairman, thereafter, briefed the below mentioned items of Resolutions to be transacted at the AGM as specified in the Notice of the AGM.

Ordinary Business:

• 1) To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2020, including the Audited Balance Sheet as at 31 March, 2020 and the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon

• 2) Appointment of a Director in place of Mr. Arunkumar Mahabirprasad Jatia (DIN 01104256), who retires by rotation and being eligible, offers himself for reappointment.

Regd. Off.: Bhogilal Hargovindas Building, Mezzanine Fl.18/20,K.Dubhash Marg, Mumbai-400001, India Corporate Office: Jatia Chambers, 60 Dr. V.B.Gandhi Marg, Mumbai-400001, India Tel: 91-22-43553333,

Web-Site: www.thacker.co.in , E-mail: thacker@thacker.co.in CIN No. : L21098MH1878PLC000033 GST No. : 27AAACT3200A1Z7

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• 3) Ratification of the appointment of M/s. ADV & Associates, Chartered Accountants (Firm Registration No.128045W), as the Statutory Auditors of the Company to hold office from the conclusion of the 142[nd] Annual General Meeting till the conclusion of 143[rd] Annual General Meeting of the Company, on such remuneration as may be fixed by the Board of Directors of the Company.

Special Business:

• 4) Consent to the subsisting contracts already entered into/to be entered in to with Related Party/(ies).

• 5) Approval for providing loans to Bodies Corporate.

He further informed that, since the remote e-voting was already concluded and Members had cast their vote. The Resolutions as set out in the Notice of AGM need not be proposed and seconded.

The Chairman invited the Members to ask questions or seek information on the Company accounts for the year ended 31[st] March, 2020 using the live chat box facility provided by NSDL, however no questions was raised by the members.

The Chairman informed to the members that, the e-voting window was activated to enable the Members attending the AGM who have not already cast their vote by remote e-voting to cast their vote electronically within 15 minutes from the conclusion of this AGM. Thereafter the voting shall be closed.

The Chairman announced that, on receipt of the reports of the Scrutinizers, the results of remote e-voting and e-voting at the AGM shall be declared and put on the Company’s website and also sent to the BSE and NSDL for information within 48 hours from the conclusion of this meeting.

The Chairman thanked all the Members and declared the meeting as concluded.

The AGM concluded at 12:35 p.m. (IST) [including time allowed for e-voting at AGM]

For Thacker And Company Limited

REENA Digitally signed by REENA RAPHEL DN: c=IN, o=Personal, postalCode=401202, st=Maharashtra, 2.5.4.20=c42ee41bcc84b584f88a1b5594ecb52366b45444cf4463488d75c6e RAPHEL 8c27a92a7, serialNumber=d731b5c24d5d7d431c5f3a8143227516c08cdf41977905c26f2c11ea6474c35e, cn=REENA RAPHEL Date: 2020.08.13 23:19:31 +05'30'

Reena Rapheal Company Secretary

Regd. Off.: Bhogilal Hargovindas Building, Mezzanine Fl.18/20,K.Dubhash Marg, Mumbai-400001, India Corporate Office: Jatia Chambers, 60 Dr. V.B.Gandhi Marg, Mumbai-400001, India Tel: 91-22-43553333,

Web-Site: www.thacker.co.in , E-mail: thacker@thacker.co.in CIN No. : L21098MH1878PLC000033 GST No. : 27AAACT3200A1Z7