Urja Global Limited — AGM Information 2018

Sep 28, 2018

Urja Global Ltd;

(AN lSQ 90091 Co.) crN No. L67120DL1992PLC'048983

Date: September-28, 2018

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Ref: UGL/BSE/2018/24 UGL/NSE/2018/24

The Manager-Listing ' BSE Limited »

The Manager— Listing 7, ' National Stock Exchange of India Ltd. Phiroze ; Jeejeebhoy Towers Exchange Plaza, C-1, Block G, . Dalal Street, Mumbai, BandraKurla Complex, Bandra (E), Maharashtra—400051 Maharashtra-400001

Ref: NSE Symbol- URJA BSE Scrip Code: 526987

Ref: Regulation 30 of Securities and Exchange Board of India Disclosure (Listing Obligations and Requirements) Regulations, 2015H(','Lis,ting Regulations") '

Sub: Proceedings of the 26th Annual General Meetin-g'held on September 28, 2018

Dear Sirs,

In terms of» Regulation 30 of the Listing Regulations, we enclose herewith copy of the proceedings of the 26th Annual General Meeting of the Members of the Companyfheld on Friday, September 28, 2018 at 11:00 AM. at Airport Grand Hotel L-73, Mahipalpur Extention, NH 8, near lGl Airport, International Airport Zone, Mahipalpur, New Delhi—110037. :

.Kindly take the above intimation on your record.

Thanking you, .

Yours faithfully,

For Urja G obal Limited _.

Ki Gupta

Company Secretary

Encl:a/a

Regd. Off? foice N0. 9155, Pearl Omaxe Tower'2' .,Netaji SubhashPlaceg,Pitampura,lNe,w Delhi —110034 _ _, igleaXI11-25279143 _ _ ,.

_ 1145279143,.45588275

SUMMARY OF THE PROCEEDINGS OF THE TWENTY SIXTH ANNUAL GENERAL MEETING OF THE MEMBERS OF URJA GLOBAL LIMITED HELD ONFRIDAY, SEPTEMBER 28, 2018 AT; 11:00 AM AT\ AIRPORT GRAND HOTEL L-73, MAHIPALPUR EXTENTION, NH 8, NEAR IGI AIRPORT, INTERNATIONAL AIRPORT ZONE, MAHIPALPUR, NEW DELHI-110037

We wish to inform that the 26th Annual General Meeting ('AGM') of the Members of Urja Global Limited was held today, i. e. 28thSeptember, 2018, commenced at 11.00 A. M at Airport Grand Hotel L— 73, Mahipalpur Extention, NH 8, Near lGl Airport, International Airport Zone, Mahipalpur, New 'Delhi-1.10037 .

S.no.	Directors	Category~
1.	KumarMr. YogeshGoyal	Wholetimedirector
2	KumarMittalMr. Sunil	Wholedirectortime
3.	SinhaMs. Mita	'Non-executivedirectorIndependent
4	ChandMr. PrithwiDas	directorNon—executive Independent

The following Board members were presentat the 26th AGM of the Company:

Mr. Puneet Kumar Mohlay, Chairperson of the Company was absent therefore, Directors has decided to appoint Mr. Sunil Kumar Mittal as the Chairperson of the meeting.

Mr. Sunil Kumar Mittal, chairedthe Meeting. After welcoming all the members present, the Chairman introduced the Board Members, Committee members and Company'Secretary,& Compliance Officer present on thedais to the members of the Company. The representatives of statutory auditors and secretarial auditors were also present at the AGM.After ascertaining from the Company Secretary that the requisite quorum was present at the AGM, the Chairman called the meeting to order and commenced the proceedings of the meeting. The Chairman then informed the members that, the Proxy register and other registers and documents Were available for inspection of members.

With the permission of the members present, Chairman, took the Notice of the meeting along with the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2018 and the report of Board. of Directors thereon, being already circulated as read.

The Chairman further informed that the AUditor's report on the Financial Statement for the financial year ended March 31,2018, did not have any qualifications, observations, comments or other remarks.

The Chairman then addressed the members and gave an overview of the Company's performance and its future outlook.

Further, the Chairman then informed the members that the. Company had provided the remote evoting facility to the members of the Company whose'name appeared as member in the register of members as on Friday, September 21, 2018 to cast/exercise their vote(s) electronically in respect of businesses to be transacted at the AGM for which the remote e—voting period had commenced on Tuesday, September 25,2018 (9.00 am lST) and ended on Thursday, September 27,2018 (5.00 pm lST).

The members were alSo informed that the facility for voting by way of ballot papers was made available at the AGM venue for the members who had not cast their vote through remote e-voting. It was clarified that only those members holding shares of the Company as on Cut—off date i. e. Friday, September 21, 2018 were eligible to participate in the remote e-voting as well as voting at the meeting.

The Chairman then provided a fair opportunity to the members of the Company who were entitled to vote to seek clarifications and/ or offer comments to the items cf the business and the same were adequately answered/ clarified by Mr. Sunil Kumar Mittal and other directors. '

'The following items of business as set out in the NotiCe calling the AGM dated September 28, 2018 were put for'member's approval: .

ORDINARY BUSINESS (ES):

• 1. To consider and adopt the standalone and consolidated financial statements of the company for the financial year ended March, 31 2018 including the audited balance sheet and profit & Loss account for the period ended March 31,2018 together with report of the Directors and Auditor's thereon. .
• 1. To appoint a Director in place of Mr. Aditya Venketesh (DIN: 02642755), who retires by rotation and being eligible seeks re--appointment.
• 1. To appoint M/s ASHM & Associates, Chartered Accountants as Statutory Auditors of the Company for the finanCiaI years 201 8—22.

SPECIAL BUS'INESS(ES):

• 1. To re-appoint Mr. Yogesh Kumar Goyal (DIN: 01644763) as Whole Time Director.
• 1. To appoint Mr. Sunil Kumar Mittal (DIN:07610472) as a Whole Time Director.
• 1. To appoint Ms. MitaSinha (DIN: 08067460) as Independent Director.
• 1. To re-appoint Mr. Aditya Venketesh (DIN:02642755) as Whole Time Director.
• 1. To re-consider the approval for filing application for listing of Green bond or equity shares at London Stock Exchange/Singapore Stock Exchange/NASDAQ or any other Overseas Market and appoint necessary agencies in this regard
• 1. To re-consider the issue of Green Bonds upto $ 500 million for financing the renewable energy projects/e-rickshaws.
• 1. To consider &I approve the borrowing limits of the Company.

11.To approve the remuneration for services to Ms. MitaSinha, Independent Director.

The Chairman also informed that Board of Directors had appointed We 8. K Balecha & Co.,Company Secretaries as the Scrutinizer to supervise the e--voting and ballot paper voting process.

Then on request of the Chairman, Mr. Sudesh Balecha Scrutinizer showed the empty ballot box to the members and locked and sealed the empty ballot box in the presence of the members

Then Chairman requested the members to cast their votes on the resolutions contained in the AGM Notice using ballot paper and deposit the duly filled ballot paper in the ballot box.

The Chairman announced that the results of e——voting would be declared on reCeipt of the scrutinizers report and shall be placed on the website of the Company and the website of NSDL the agency providing e--voting facility and also would be available at the registered office of the Company. The samealso be sent to the stock exchange within forty eight hours from the conclusion of the AGM.

All the resolutiOns set out in the Notice calling AGM Were passed with requisite majority.

The Chairman then thanked the members attending the meeting and for their co-operation and concluded the meeting at 2.10 PM. ~

Thanking You

Kindly take the information on record.

Date: 28.09.2018 , Place: New Delhi

For Urja Global Limited