Trident Ltd — AGM Information 2023

Aug 12, 2023

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TRIDENT/CS/2023 August 12, 2023

Na�onal Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code:- TRIDENT

BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Scrip Code:- 521064

Sub: Proceedings of 33[rd] Annual General Mee�ng of the Company

Dear Sir/ Madam,

In Compliance with Regula�on 30 and other applicable provisions of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015, we hereby submit the proceedings of 33[rd] Annual General Mee�ng (‘AGM’) of the Members of Trident Limited (‘the Company’), held today i.e. Saturday, August 12, 2023 at 11:00 AM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM) . The Mee�ng concluded at 11:34 AM IST.

This is for your informa�on and records please.

Thanking you,

Yours Faithfully,

For Trident Limited

Hari Krishan Digitally signed by Hari Krishan DN: c=IN, st=Punjab, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace4960e52f3dc34edd0532ba0eaf8695aa, postalCode=141001, street=Near Jagat Puri Chowki , Haibowal Kalan , Ludhiana , Ludhiana, pseudonym=d41d8cd98f00b204e9800998ecf8427e, serialNumber=ea533b4c2729ed8d50a21ffd76d3a9a9a834a51811b922737d7de692215d913e, o=Personal, cn=Hari Krishan Date: 2023.08.12 16:19:32 +05'30' (Hari Krishan) Company Secretary

Disclaimer :- The details of the authorised signatories are uploaded on the official website of the Company. You may authenticate the authority of the signatory before relying upon the contents of this communication by visiting https://www.tridentindia.com/authority-matrix/ or may write to us on corp@tridentindia.com.

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12/08/2023

TL/2023/037340

Summary of proceedings of the 33rd Annual General Meeting (“AGM”/ “Meeting”)

In accordance with the provisions of Article 92 of the Articles of Association of the Company, Mr. Rajiv Dewan, Chairman of the Board, chaired the AGM held through Video Conferencing (VC) / Other Audio Visual Means (OAVM) .

Since the quorum of the Meeting was present, the Chairman called the Meeting to order and conducted the proceedings of the meeting through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

All the Directors, Chief Financial Officer and Authorised Representatives of Joint Statutory Auditors attended the Meeting. Pursuant to Section 108 of the Companies Act, 2013 (‘Act’) and other applicable provisions of the Act, Company Secretary welcomed & introduced all the dignitaries to the Shareholders.

The Company Secretary welcomed the Shareholders, who were participating in the Meeting through Video Conferencing (VC) / Other Audio Visual Means (OAVM) and he has also briefed them about certain important points regarding video conferencing.

He informed that in compliance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable provisions of the Companies Act, 2013 read with circulars, issued by Ministry of Corporate Affairs dated December 28, 2022, May 5, 2022, January 13, 2021, May 5, 2020, April 13, 2020, April 8, 2020 and SEBI Circular dated May 13, 2022, January 15, 2021 and May 12, 2020, the Company has provided the facility to Members, to exercise their right to vote, by electronic means on Resolutions proposed to be passed at the AGM, either through Remote E‐voting or E‐voting during AGM .

He further informed that the remote e‐voting facility was provided by the Company from Wednesday, August 09, 2023 at 9:00 AM IST to Friday, August 11, 2023 at 5:00 PM IST to all the Members of the Company, who were holding shares (either in physical form or dematerialized form) as on the cut‐off date i.e. Saturday, August 05, 2023 .

He further addressed the Members of the Company and informed that Members attending the AGM, through Video Conferencing (VC) / Other Audio Visual Means (OAVM) , who have not casted their votes by remote e‐voting, can cast their vote through e‐voting during the AGM and also that the e‐ voting shall remain open for fifteen minutes after the conclusion of the AGM, so that the Members can cast their vote.

He also informed that all the efforts as required, have been made by the Company to enable Members to participate and vote on the items being considered in the Meeting, after duly complying with the mechanism provided in MCA circulars dated December 28, 2022, May 5, 2022, January 13, 2021, May 5, 2020, April 13, 2020 & April 8, 2020 along with other provisions of the Act and Rules.

He has further informed that M/s S.R Batliboi & Co LLP and M/s. Deloitte Haskins & Sells, Joint Statutory Auditors of the Company and M/s Vinod Kothari & Co., Secretarial Auditors of the Company, have given the Audit Reports without any qualifications, observations or comments and thus with the permission of Members, the Notice, Auditors Reports as well as Directors Report of the Company, were taken as read.

Hari Krishan Digitally signed by Hari Krishan DN: c=IN, st=Punjab, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace4960e52f3dc34edd0532ba0eaf8695aa, postalCode=141001, street=Near Jagat Puri Chowki , Haibowal Kalan , Ludhiana , Ludhiana, pseudonym=d41d8cd98f00b204e9800998ecf8427e, serialNumber=ea533b4c2729ed8d50a21ffd76d3a9a9a834a51811b922737d7de692215d913e, o=Personal, cn=Hari Krishan Date: 2023.08.12 16:19:50 +05'30'

As the Meeting was convened through Video Conferencing (VC) / Other Audio Visual Means (OAVM), the following Resolutions had already been put to vote through remote e‐voting and thus the requirement to propose and second was not applicable:

S No.	Particulars of Resolutions	Type of Resolution
ORDINARY BUSINESS
1	To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2023 along with Reports of the Auditors and Directors thereon.	Ordinary Resolution
2	To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2023 along with Report of the Auditors thereon	Ordinary Resolution
3	To ratify and confirm the interim dividend of INR 0.36 per Equity Share having face value of INR 1/‐ each, already paid duringthe financialyear 2022‐23	Ordinary Resolution
4	To appoint a Director in place of Mr. Deepak Nanda (DIN: 00403335), who retires and being eligible, offers himself for re‐appointment	Ordinary Resolution
SPECIAL BUSINESS
5	To ratify the remuneration of Cost Auditors of the Company	Ordinary Resolution
6	To approve raising of funds by way of Non‐Convertible Debentures (‘NCDs’)	Special Resolution
7	To approve Trident Limited General Employee Benefits Scheme, 2023	Special Resolution
8	To approve transfer of excess monies from existing schemes to Trident Limited General Employee Benefits Scheme, 2023	Special Resolution
9	To approve alteration in Articles of Association of the Company	Special Resolution

The Members were further informed that Ms. Jyotsna, Company Secretary in Practice, was appointed as Scrutinizer for the purpose of scrutinizing the e‐voting process in a fair and transparent manner. Further, the consolidated report of scrutinizer with voting results will be submitted in the stipulated time and Mr. Rajiv Dewan, Chairman of the meeting has authorized Mr. Hari Krishan, Company Secretary to receive the Scrutinizers’ Report and other related documents, if any, who shall countersign the same.

The Company Secretary further informed the Members that the results of e‐voting shall be disseminated to the Stock Exchanges at www.bseindia.com & www.nseindia.com and will also be displayed on the website of KFIN i.e www.evoting.kfintech.com, the e‐voting agency, on the Company’s website at www.tridentindia.com and at the Registered Office of the Company in due course.

Upon request, the Chairman Emeritus addressed the Shareholders.

Hari Krishan Digitally signed by Hari Krishan DN: c=IN, st=Punjab, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace4960e52f3dc34edd0532ba0eaf8695aa, postalCode=141001, street=Near Jagat Puri Chowki , Haibowal Kalan , Ludhiana , Ludhiana, pseudonym=d41d8cd98f00b204e9800998ecf8427e, serialNumber=ea533b4c2729ed8d50a21ffd76d3a9a9a834a51811b922737d7de692215d913e, o=Personal, cn=Hari Krishan Date: 2023.08.12 16:20:03 +05'30'

Thereafter the Company Secretary requested the Members who wish to express their views, give suggestions and make enquiries on the operations and financial performance of the Company and related matters. After the Members expressed their views and asked their queries, Mr. Aravind, Head – Company Secretary, responded to the queries raised by them.

Thereafter, the Company Secretary informed, that the Members, who had not cast their vote through Remote e‐voting, may cast their vote by going to the e‐voting platform and the same has been kept open for fifteen minutes.

The Company Secretary proposed a vote of thanks to the Chair & the Shareholders and the Meeting concluded.

This is for your information and records please.

Thanking you,

Yours Faithfully,

For Trident Limited

Hari Krishan Digitally signed by Hari Krishan DN: c=IN, st=Punjab, 2.5.4.20=c9fde4193e20f1e8b95d484e29816ace4960e52f3dc34edd0532ba0eaf8695aa, postalCode=141001, street=Near Jagat Puri Chowki , Haibowal Kalan , Ludhiana , Ludhiana, pseudonym=d41d8cd98f00b204e9800998ecf8427e, serialNumber=ea533b4c2729ed8d50a21ffd76d3a9a9a834a51811b922737d7de692215d913e, o=Personal, cn=Hari Krishan Date: 2023.08.12 16:20:14 +05'30'

(Hari Krishan) Company Secretary

This document does not constitute Minutes of the 33[rd] Annual General Meeting of the Company.