Tilaknagar Industries Ltd — AGM Information 2021

Nov 27, 2021

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CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3[rd] Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email : investor@tilind.com, Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

November 27, 2021

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalai Street, Mumbai 400001 Scrip Code : 507205

To,

National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Symbol : TI

Dear Sir/ Madam,

Sub: Proceedings of the Extra-Ordinary General Meeting (the EGM)

We are pleased to inform you that the EGM of the Members of the Company was held on Saturday, November 27, 2021 at 10.30 a.m. (IST) through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) to transact the businesses as stated in the Notice dated November 01, 2021.

In this regard, proceedings of the EGM as required under Regulation 30, Part – A of Schedule III of the SEBI (LODR) Regulations, 2015 are enclosed herewith as Annexure – 1 .

Kindly take the above on your records.

Thanking you.

Yours faithfully,

For Tilaknagar Industries Ltd.

Digitally signed by AMIT AMIT DAHANUKAR DAHANUKAR Date: 2021.11.27 15:06:45 +05'30' Amit Dahanukar Chairman & Managing Director (DIN: 00305636)

Encl: as above

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CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3[rd] Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email : investor@tilind.com, Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

Annexure - 1

- Gist of the Proceedings of the Extra Ordinary General Meeting

The Extra-Ordinary General Meeting (“EGM”) of the Members of the Company was held on Saturday, November 27, 2021 at 10.30 a.m. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”) and concluded at 10.52 a.m. (IST). The gist of the proceedings of the EGM is as follows:

• i) Mr. Amit Dahanukar, Chairman & Managing Director of the Company took the Chair.

• ii) The Chairman informed that in view of COVID-19 pandemic and considering the social distancing norms, the EGM was conducted through VC/OAVM. This Meeting has been convened and conducted in accordance with the circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI).

• iii) As per the attendance registered for the Meeting, 106 Members were present through VC including authorized representative of Bodies Corporates in terms of Section 113 of the Companies Act, 2013.

• iv) The Chairman, after ascertaining that the requisite quorum as per Section 103 of the Companies Act, 2013 was present, called the Meeting to order at 10.30 a.m. (IST). The quorum was present at the commencement of the Meeting as well as at the time of consideration of each item of business.

• v) The Chairman welcomed all the Members present at the EGM and introduced the Board of Directors, Senior Management Team, Statutory Auditors, Secretarial Auditors and Scrutinizer to them.

• vi) The Chairman informed the Members present that Dr. Ravindra Bapat and Satish Chand Mathur, Independent Directors were not able to attend the Meeting due to personal commitments.

• vii) The Chairman then took the Members through the highlights of the proposed resolutions.

• viii)The Chairman thanked the Members for their support and invited the Shareholders to speak in the EGM, who had registered themselves as speaker.

• ix) Thereafter, the Chairman informed the Members that the Company had provided remote e-voting facility through CDSL e-voting platform from Wednesday, November 24, 2021 at 09.00 a.m. (IST) to Friday, November 26, 2021 upto 5.00 p.m. (IST) to the Members as on the cut-off date of Saturday, November 20, 2021 in respect of the business as set out in item nos. 1 to 4 of the EGM Notice dated November 01, 2021.

• x) The Chairman conducted the proceedings with respect to the following items of business as per the Notice dated November 01, 2021 convening the EGM except item no. 3 and the same was conducted by Mr. C V Bijlani, Independent Director of the Company:

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CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3[rd] Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email : investor@tilind.com, Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

Resolution No.	Resolutions	Resolution Type
SPECIAL BUSINESS
1.	Increase in the Authorised Share Capital and consequent alteration in the Memorandum Of Association of the Company	Ordinary
2.	Issue of Equity Shares of the Company to Investors on Preferential Basis	Special
3.	Issue of Convertible Warrants on Preferential Basis	Special
4.	Issue of Equity Shares by way of conversion of Loan into Equity	Special

• xi) The Members were informed that Advocate R. T. RajGuroo was appointed as Scrutinizer by the Board of Directors on November 01, 2021 to scrutinize the voting process (including remote e-voting) in a fair and transparent manner.

• xii) The Members were further informed that the facility to vote at this Meeting was only available for those Shareholders who had not cast their votes through remote e-voting and as the EGM was being held through Video Conferencing and the resolutions mentioned in the EGM Notice had already been put to vote through remote e-voting & e-voting, therefore, there was no need to propose or second the resolutions.

• xiii)The Members were further informed that the consolidated results of voting (remote e-voting and e-voting during the EGM) in respect of all the business as set out in item nos. 1 to 4 of the EGM Notice of the Company would be declared within the prescribed timelines. The voting results along with the Consolidated Scrutinizer’s Report would be submitted to the Stock Exchanges i.e. BSE & NSE within the prescribed timelines and would also be uploaded on the Company’s and CDSL’s website.

• xiv) The Chairman thanked the Directors and Shareholders for attending and participating in the Meeting and other stakeholders for their continued support. The Meeting was concluded with a vote of thanks to the Chair. The e-Voting facility was kept open for the next 15 minutes to enable the Members to cast their votes.

Note: This document does not constitute minutes of the proceedings of the Extra-Ordinary General Meeting of the Company.

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