Tilaknagar Industries Ltd — AGM Information 2021

Oct 1, 2021

==> picture [109 x 63] intentionally omitted <==

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

October 01, 2021

BSE Limited The Corporate Relationship Dept, 1stFloor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001. Scrip Code : 507205	National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Scrip Code : TI

Dear Sir,

Sub: Proceedings of the 86[th] Annual General Meeting (the AGM)

We are pleased to inform you that the AGM of the Members of the Company was held on Thursday, September 30, 2021 at 10.30 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM) to transact the businesses as stated in the Notice dated August 14, 2021.

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

This is for your information and records.

Thanking you,

Yours faithfully,

For Tilaknagar Industries Limited

AMIT Digitally signed by AMIT DAHANUK DAHANUKAR Date: 2021.10.01 AR 10:03:15 +05'30'

Amit Dahanukar Chairman & Managing Director (DIN: 00305636)

Encl: a/a

==> picture [102 x 58] intentionally omitted <==

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 86[th ] Annual General Meeting

The 86[th] Annual General Meeting (“AGM”) of the Members of the Company was held on Thursday, September 30, 2021 at 10.30 a.m. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM) and concluded at 11.07 a.m. The gist of the proceedings of the AGM 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 AGM was conducted through VC/OAVM. This meeting has been convened and being 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, 70 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. 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 AGM 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, Independent Director was not able to attend the Meeting due to personal commitments.

• vii) The Chairman then took the Members through the highlights of the Company’s performance.

• viii)The Chairman thanked the Members for their support and invited the Shareholder to speak in the AGM, who had registered himself as a speaker.

• ix) Thereafter, the Chairman informed the Members that the Company had provided remote e-voting facility through CDSL e-voting platform from Monday, September 27, 2021 at 10.00 a.m. to Wednesday, September 29, 2021 upto 5.00 p.m. to the Members as on the cut-off date of Thursday, September 23, 2021 in respect of the business as set out in item nos. 1 to 4 of the AGM Notice dated August 14, 2021.

• x) The Chairman conducted the proceedings with respect to the following items of business as per the Notice dated August 14, 2021 convening the 86[th] AGM except item no. 2 in which he was interested and the same was conducted by Mr. C V Bijlani, Independent Director of the Company:

Resolution No.	Resolutions	Resolution Type
ORDINARY BUSINESS
1.	To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2021, Auditors’ Report thereon and the Directors’ Report	Ordinary
2.	To appoint a Director in place of Mr. Amit Dahanukar (DIN:00305636), who retires by rotation and being eligible, offers himself for re-appointment	Ordinary
SPECIAL BUSINESS
3.	Ratification of remuneration payable to the Cost Auditor of the Company for the financial year 2021-22	Ordinary
4.	Re-appointment of Ms. Aparna Praveen Chaturvedi (DIN:00028647) as an Independent Woman Director of the Company	Special

• xi) The Members were informed that Advocate R. T. RajGuroo was appointed as Scrutinizer by the Board of Directors on August 14, 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 is only available for those Shareholders who have not cast their votes through remote e-voting and as the AGM was being held through Video Conferencing and the resolutions mentioned in the 86[th] AGM 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 AGM) in respect of all the business as set out in item nos. 1 to 4 of the AGM 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 also the employees of the Company, Government agencies 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 Annual General Meeting of the Company.

---