Tulive Developers Limited — AGM Information 2020

Oct 1, 2020

CIN : 199999tt/H 1 962PLCO 1 2549

Date: 1"t October 2020

The Bombay Stock Exchange Limited, P J Towers, DalalStreet, Mumbai - 400001.

Dear Sir,

suB: REpoRTtNG UNDER REGULATTON 30 (2) READ WITH SCHEDULE lll OF THE sEcuRlTlES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DtscLosuRE REQUIREMENTS) REGULATIONS, 2015.

As required under Regulation 30 (2) read with schedule lll of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations , 2015 we enclose herewith the proceedings of the 58th Annual General Meeting of the Company held on 30th September 2020 through video conferencing.

Request you to kindly take the same on record.

Thanking you,

Yours faithfully,

TU DEVELOPERS LIMITED

ATUL DIRECTOR DIN: 01608328 Address: No. 1, 6th Avenue, Harrington Road, Chetpet, Chennai - ⁶⁰⁰⁰³¹

Tulive Developers Ltd.,

,ReBd. Office : # 21122, "Loha Bhavan" PD Mello Road, Mumbai - 400 009 Corporate Office : No.5, ist Street, Subbarao Avenue, Chennai - 600 006 I Tel. : +91 44 6462 qlll I +91 44 2823 0223 Email : tulivechennai@gmail.com I www.fulivedevelopers.com

PROCEEDINGS OF THE 58th ANNUAL GENERAL MEETING OF THE MEMBERS OF TULIVE DEVELOPERS LIMITED, HELD ON 30th DAY OF SEPTEMBER 2020, WEDNESDAY AT 04.00 pM (tST)THROUGH VIDEO CONFERENCTNG.

TIME OF CONCLUSION: 04:21 PM

PRESENT:

il

[\Ir. Ramana Shetty Venkata Krishna, Chairman

Mr. Mr. Atul Gupta, Director

Mr. Sivaswami Venkatramani, lndependent Director

Mr. Suresh Vaidyanathan, CEO & CFO

Mr. Adit N Bhuva, h/s. Srividhya Kumar and [ilr. Vignesh Kumar, representatives of

S.A.E & Associates LLP, Company Secretaries, the Scrutinizer

MEMBERS PRESENT

9 members were present through video conferencing representing 1583359 equity shares

• 1, tt/r. K V Ramana Shetty, the Chairman of the meeting occupied the Chair and welcomed the members to the 58th Annual General fMeeting ("AGM') of the Company.
• 2.1,,116" Chairman informed the members present that considering the pandemic situation across the country, the Company is conducting the 58th AGM through Video Conferencing ("VC") in accordance with the circulars issued by the [/lCA, SEBI and in accordance with the Companies Act, 2013 and SEBI Regulations.
• 3',,'The Chairman after ascertaining a valid quorum present for the meeting, declared the meeting in order.
• 4;: '-The Chairman informed the members that in compliance with the IVICA circulars, due to the COVID-19 pandemic, the notice of this meeting along with the annual report was sent by email only, to the members who have registered their e-mail address with the Company/their respective depositories. The Chairman also informed that the Annual Report along with the AGIVI notice was also uploaded on the website of the Company.
• 5' ,With the consent of Mr. Atul Gupta, member of the Company present, the Notice of the 58th Annual General Meeting together with the explanatory statement, the audit report given by statutory auditor was taken as read.
• 6:: "The Chairman mentioned that the Company has reviewed all the statutory requirements and has made arrangements to provide a platform to members that ensures larger participation and also provides equal opportunity to all members in the voting process at the AGlVl.
• 7..,.The Chairman informed the members present that as required under the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies ([tlanagement and Administration) Rules, 2014, the Company had provided remote e-voting facility to its members to exercise their right to vote by electronic means and

also the Company was pleased to provide e-voting facility to the members to cast votes electronically during the AGM.

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• 8=r.'=The Chairman informed that the remote e-voting period commenced from 09:00 AM (lST) on27th September 2020 and concluded at 05:00 PM (lST) on 29th September 2020.
• 9: ,The Chairman fufther informed that the shareholders whose names were on the Register of Members as on 24th September 2020 i.e. cut-off date were entitled to cast their votes on the resolutions for the businesses listed in the notice for the 58th Annual General fMeeting through electronic mode.
• 1r0' The Chairman appraised the members that those shareholders who are entitled to vote and were present in the meeting through VC facility and who had not cast their vote on the resolutions through remote e-voting, were eligible to vote through evoting system during the AGM which remained open during the meeting and till 15 minutes after the conclusion of the meeting and thq members were requested to vote by following the process which is mentioned in the Notice to the meeting.
• f':1.'The Chairman further informed that in the interest of time, as per the notice of the meeting, only those members who had registered themselves as registered speakers with the Company / RTA on or before 6 days before the AGM, were to be allowed to speak at the AGIVI and in this regard the Company had received a request from one shareholder, Mr. Bimal Kumar Agarwal who had registered himself to speak at the AG[U.
• ,IZ;"The Chairman then requested the registered speaker shareholder Mr. Bimal Kumar Agarural to speak. However due to technical issues involving the connectivity of audio line through the online application, Mr. Bimal Kumar Agarwal could not speak.

The following items of business as listed out in the Notice of 58th AGtr/ of the Company were put up for approval of the members of the Company:

S.no.	Particulars of the business matter taken up for approval by the members
Ordinary Business
1	To receive, consider, approve and adopt the audited financial statements of the Company for the financial year ended l\Iarch 31 , 2020 together with the reports of the directors and auditors thereon
2	To appoint a director in place of [Mr. Ramana Shetty Venkata Krishna (DlN: 01470034) who retires by rotation and being eligible offers himself for reappointment.
J	To ratify appointment of existing auditors R Ramalingam & Associates, Chartered Accountants, who were appointed to hold office from the conclusion of the 55th annual general meeting upto the conclusion of the 60th annual general meeting of the Company and to authorise the Board of Directors to fix their remuneration.
Specia! Business
4	To re-appoint [\Irs. Nirmal Cariappa (DlN: 07129165) as an lndependent Director.
5	To appoint Mr. Suresh Vaidyanathan (DlN: 08857297) as Director designated as Whole time Director.

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fhe Chairman informed the members that the report on the voting done, on the business listed in the notice of the 58th AGM and as listed above, in electronic mode (remote evoting and through e-voting facility during the meeting), shall be consolidated by the Scrutinizer and the same shall be submitted to Chairman and will be communicated to the stock exchanges within 48 hours of the conclusion of the Annual General Meeting.

Thanking the members for their participation, suggestions and comments, the Chairman announced formal closure of 58th Annual General tMeeting of the company.

ult of th is as un

On the basis of Scrutiniser's Report for the remote e-voting and e-voting at the venue received on 1't October 2020, the summary of which is mentioned here under, all the resolutions as set out in the Notice of the 58th Annual General Meeting of the Company have been duly passed unanimously.

Resolution No.	FOR		AGAINST		Results Declared
	of /Vo, Equity Shares	Percentage *	lVo. of Equity Shares	Percentag e
Resolution No. 1	1 583587	100o/o	1	0o/o	Passed Unanimously
Resolution No. 2	'1583587	100%	1	0%	Passed Unanimously
Resolution No. 3	1 583587	10Oo/o	1	0%	Passed Unanimously
Resolution No.4	1 583587	100o/o	1	0o/o	Passed Unanimously
Resolution No. 5	1 509855	100o/o	1	0%	Passed Unanimously

* The percentage is rounded off to 100% as the votes against these resolutions is negligible in number.

Place: Chennai of the meeting

Date: 1"t October 2020

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