Usha Martin Ltd. — Declaration of Voting Results & Voting Rights Announcements 2021

Aug 12, 2021

Usha Martin Limited

2A, Shakespeare Sarani, Kolkata (formerly Calcutta) - 700 071, India Phone: (00 91 33) 71006300, Fax: (00 91 33) 2282 9029, 71006400/500 CIN:L3 l 400WB l 986PLC09l 62 l Website:www.ushamartin.com

UML/SECT/

August 1 t ²⁰²¹

The Secretary The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai - 400 001 [Scrip Code:517146]

The Secretary National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No.C/1, G Block, Sandra Kurla Complex, Sandra Mumbai - 400 051 [Scrip Code: USHAMART]

Societe de la Bourse de Lu xembourg 35A Bouleverd Joseph II L-1 840, Luxembourg [Scrip Code: US9173002042]

Dear Sir/ Madam,

Sub : Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Details of the voting results of the 35th Annual General Meeting (AGM) of the Company held on 11th August, 2021

Pursuant to the provisions of Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the details regarding the voting results of the business transacted at the AGM in the prescribed format. We are also enclosing the consolidated report of the Scrutinizer on e-voting and remote e-voting at the AGM. Pursuant to Companies Act, 2013 and rules made thereunder along with Secretarial Standard-2 on General Meetings (SS-2), the voting results and consolidated report of the scrutinizer is being made available on the Company's website www.ushamartin.com and on the website of National Securities Depository Ltd. (NSDL) for information of all concerned . Further, the results are also placed on the notice board of the Company at its Registered and Corporate Office.

Thanking you ,

Yours faithfully, For Usha Martin Limited

Sha~

Company Secretary

Enclosed : as mentioned above

$\Theta$

" General information about company
Scrip code	517146
NSE Symbol	USHAMART
MSEI Symbol	NOT APPLICABLE
ISIN	INE228A01035
Name of the company	USHA MARTIN LIMITED
Type of meeting	AGM
Date of the meeting/ last day of receipt of postal ballot forms (in case of Postal Ballot)	11-08-2021 --
- Start time of the meeting	-~ 11:30AM
End time of the meeting	1:20 PM
Iii••· '4111.al'll

Validate Home
Scrutinizer Details
Name of the Scrutinizer	ATUL KUMAR LABH
Firms Name	A K LABH & CO.
Qualification
Membership Number	4848
Date of Board Meeting in which appointed	20-05-2021
Date of Issuance of Report to the company	11-08-2021

Voting results
Record date	04-08-2021
Total number of shareholders on record date	71883
No. of shareholders present in the meeting either in person or through proxy
a) Promoters and Promoter group	0
b) Public	0
No. of shareholders attended the meeting through video conferencing
a) Promoters and Promoter group	12
b) Public	73
No. of resolution passed in the meeting	6
Disclosure of notes on voting results	Add Notes ~ ~'I.I.• :_

Note: The reported total number of paid – up equity shares of the Company as on 31st March 2021 stands inflated by 230 equity shares. This was caused due to an erroneous additional electronic transfer of 230 equity shares (notional) to Investor Education & Protection Fund (IEPF) under the Ministry of Corporate Affairs (MCA) by way of corporate action executed on 29th September, 2020 by Central Depository Services Ltd (CDSL) and Register & Transfer Agent (RTA) of the Company. The Company has been continuously engaging with IEPF Authority under MCA, CDSL and RTA for necessary rectification of error / reversal of entry. Necessary documents in this matter have been submitted to IEPF Authorities but due to covid-19 pandemic there is a delay in corresponding rectification / reversal entry.

				Resolution (1)
		Resolution required: (Ordinary/ Special)				Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? Description of resolution considered			No 1--mopnon ·on ne ~1n,mcIc1I .:;raTements on ne Lornpany \oom · 5rano <1 Ion·e <1no conso11oaceo basis) for the year ended 31st March, 2021 together with Directors' and Auditors' Reports
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled No. of votes - on outstanding shares	in favour	No. of votes - against	% of votes in polled	% of Votes favour on votes against on votes polled
		{1}	(2)	(3)=[{2}/(1)]*100	(4)	(5)	(6)=[(4}/(2)]*100 (7)=[(5}/(2})	*100
	E-Voting		82046391	54.1297	82046391	0	100.0000	0.0000
Promoter and	Poll	151573646
	Promoter Group Postal Ballot (if applicable)
	Total	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
	E-Voting		2747551	11.0041	2747551	0	100.0000	0.0000
Public-	Poll	24968390
Institutions	Postal Ballot (if applicable)
	Total	24968390	2747551	11.0041	2747551	0	100.0000	0.0000
	E-Voting		31752115	24.7676	31750439	1676	99.9947	0.0053
Public- Non	Poll	128199974	6707	0.0052	6707	0	100.0000	0.0000
Institutions	Postal Ballot (if applicable)
	Total	128199974	31758822	24.7729	31757146	1676	99.9947	0.0053
	Total	304742010	116552764	38.2464	116551088	1676	99.9986	0.0014
					Whether resolution is Pass or Not.		Yes
						Disclosure of notes on resolution	.,~~~ -: <dd notes<="" td="">	!~ !:1,b,. cm •.	!~ !:1,b,. cm •.

* this fields are optional

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group	0
Public lnsitutions - ~- ·~	1933000 -
Public - Non lnsitutions	811000

				Resolution (2)	~
		Resolution required: (Ordinary/ Special)				Ordinary
	Whether promoter/promoter group are interested in the agenda/resolution?				-	No
		Description of resolution considered			Appointment of a Director in place of Mr. Dhrub Jyoti Basu (DIN: 02498037), who retires by rotation and being eligible, offers himself for re-appointment.
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled No. of votes - on outstanding shares	in favour	No. of votes - against	% of votes in polled	¾of Votes favour on votes against on votes polled
		(1)	(2)	(3)=[(2)/(1))*100	(4)	(5)		(6)=[(4)/(2)1100 (7)=((5)/(2))100
Promoter and	E-Voting Poll Promoter Group Postal Ballot (if applicable)	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
	Total	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
Public- Institutions	E-Voting Poll Pesta I Ballot (if applicable)	24968390	2839898	11.3740	2839898	0	100.0000	0.0000
	Total	24968390	2839898	11.3740	2839898	0	100.0000	0.0000
Public- Non Institutions	E-Voting Poll Postal Ballot (if applicable)	128199974	31752114 6707	24.7676 0.0052	31746236 6707	5878 0	99.9815 100.0000	0.0185 0.0000
	Total	128199974	31758821	24.7729	31752943	5878	99.9815	0.0185
	Total	304742010	116645110	38.2767	116639232	5878	99.9950	0.0050
					Whether resolution is Pass or Not.			Yes
							Disclosure of notes on resolution ,~.:.,,;.,,t:,1'i.> Add Notes	.,,, ,,, ~ 1,.,

* this fields are optional

Details of Invalid Votes
Category	No: of Votes
Promoter and Promoter Group	0
Public lnsitutions	1933000
Public - Non lnsit utions	811000

				Resolution (3)
		Resolution required: (Ordinary/ Special)				Ordinary	-
	Whether promoter/promoter group are interested in the agenda/resolution?					No	,.	--
		Description of resolution considered			Re-Appointment of S. R. Batliboi & Co. LLP, Chartered Accountants (Firm Registration No. 301003E/E300005) as Statutory Auditor of the Company for second term of five years.
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled No. of votes - on outstanding shares	in favour	No. of votes - against	% of votes in polled	% of Votes favour on votes against on votes polled
		(1)	(2)	(3)=[(2}/(1)] *100	(4)	(5)	(6)=[(4}/(2)]*100 (7)=((5}/(2))	*100
	E-Voting		82046391	54.1297	82046391	0	100.0000	0.0000
Promoter and	Poll	151573646
	Promoter Group Postal Ballot (if applicable)
	Total	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
	E-Voting		2839898	11.3740	2839898	0	100.0000	0.0000
Public-	Poll	24968390
Institutions	Postal Ballot (if applicable)
	Total	24968390	2839898	11.3740	2839898	0	100.0000	0.0000
	E-Voting		31752114	24.7676	31745828	6286	99.9802	0.0198
Public- Non	Poll	128199974	6707	0.0052	6707	0	100.0000	0.0000
Institutions	Postal Ballot (if applicable)
	Total	128199974	31758821	24.7729	31752535	6286	99.9802	0.0198
	Total	304742010	116645110	38.2767	116638824	6286	99.9946	0.0054
					Whether resolution is Pass or Not.		Yes
						Disclosure of notes on resolution ~,,.,.--,		Add Notes ,h .,., ,

* this fields are optional

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group	0
Public lnsitutions	1933000
Public - Non lnsitutions	811000

				Resolution (4)
		Resolution required: (Ordinary/ Special)				Ordinary
	Whether promoter/promoter group are interested in the agenda/resolution?			No		-
		Description of resolution considered			Payment of remuneration to Mr Rajeev Jhawar, Managing Director (DIN remaining period of his tenure as Managing Director from 19th May 2021 to 18th May 2023.			:00086164) for
Category	M ode of voting	No. of shares held	No. of votes polled	% of Votes polled No. of votes - on outstanding shares	in favour	No. of votes - against	% of votes in polled	% of Votes favour on votes against on votes polled
		(1)	(2)	(3)=[(2)/(1))*100	(4)	(5)		(6)=[(4)/(2)) 100 (7)=[(5)/(2)1100
	E-Voting		82046391	54.1297	82046391	0	100.0000	0.0000
Promoter and	Poll	151573646
Promoter Group Postal Ba	llot (if applicable)
	Total	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
	E-Voting		2839898	11.3740	2839898	0	100.0000	0.0000
Public-	Poll	24968390
Institutions	Postal Ballot (if applicable)
	Total	24968390	2839898	11.3740	2839898	0	100.0000	0.0000
	E-Voting		31752114	24.7676	31748598	3516 ~~- -	99.9889	0.0111
Public- Non	Poll	128199974	6707	0.0052	6707	0	100.0000	0.0000
Institutions	Postal Ballot (if applicable)
	Total	128199974	31758821	24.7729	31755305	3516	99.9889	0.0111
	Total	116645110	38.2767	116641594	3516	99.9970	0.0030
					Whether resolution is Pass or Not.		Yes
						Disclosure of notes on resolution	;,. •. ~,I_•-<. Add NoteS	.i.:l,~,

• this fields are optional

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group	0
Public lnsitutions -	1933000
Public - Non lnsitutions	811000

				Resolution (5)
		Resolution required: (Ordinary/ Special)				Ordinary
	Whether promoter/promoter group are interested in the agenda/resolution?		-	Yes	-
		Description of resolution considered			Appointment of Mr. Devadip Bhowmik (DIN: 08656505) as Whole Time Director of the Company for a period commencing from 15th March 2021 to 14th March 2026
Category	Mode of voting	No. of shares held	No. of votes polled	% of Votes polled No. of votes - on outstanding shares	in favour	No. of votes - against	%of votes in polled	% of Votes favour on votes against on votes polled
		{1)	(2)	(3)=[(2}/(1)]*100	(4)	(5)		(6)=[(4)/{2)]100 (7)=[(5)/(2)]100
	E-Voting		82046391	54.1297	82046391	0	100.0000	0.0000
Promoter and	Poll	151573646
	Promoter Group Postal Ballot (if applicable)
	Total	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
	E-Voting		2839898	11.3740	2826111	13787	99.5145	0.4855
Public-	Poll	24968390
Institutions	Postal Ballot (if applicable)
	Total	24968390	2839898	11.3740	2826111	13787	99.5145	0.4855
	E-Voting		31752114	24.7676	31746828	5286	99.9834	0.0166
Public- Non	Poll	128199974	6707	0.0052	6707	0	100.0000	0.0000
Institutions	Postal Ballot (if applicable)
	Total	128199974	31758821	24.7729	31753535	5286	99.9834	0.0166
	Total	304742010	116645110	38.2767	116626037	19073	99.9836	0.0164
					Whether resolution is Pass or Not.			Yes
						Disclosure of notes on resolution	• ··-·-·	Add Notes,-~'"' • l

• this fields are opt ional

Details of Invalid Votes
Category	No. of Votes
Promoter and Promoter Group	0
Public lnsitutions -	1933000
Public - Non lnsitutions	811000

	'.			Resolution (6)	-
		Resolution required: (Ordinary/ Special)				Ordinary
	Whether promoter/promoter group are interested in the agenda/resolution?					No
		Description of resolution considered			Ratification of remuneration payable to the Cost Auditors for Financial Year ending 31st	March, 2022.
Category	Mode of voting	No. of shares held	No. of votes polled	¾ of Votes polled No. of votes - on outstanding shares	in favour	No. of votes - against	¾ of votes in polled	¾ of Votes favour on votes against on votes polled
		(1)	(2)	(3)=[(2}/(1))*100	(4)	(5)		(6)=((4)/(2))100 (7)=[(5)/(2))100
	E-Voting		82046391	54.1297	82046391	0	100.0000	0.0000
Promoter and	Poll	151573646
	Promoter Group Postal Ballot (if applicable)
	Total	151573646	82046391	54.1297	82046391	0	100.0000	0.0000
	E-Voting		2839898	11.3740	2839898	, 0	100.0000	0.0000
Public-	Poll	24968390
Institutions	Postal Ballot (if applicable)
	Total	24968390	2839898	11.3740	2839898	0	100.0000	0.0000
	E-Voting		31752114	24.7676	31749658	2456	~ 99.9923	0.0077
Public- Non	Poll	128199974	6707	0.0052	6707	0 ,., _	100.0000	0.0000
Institutions	Postal Ballot (if applicable)
	Total	128199974	31758821	24.7729	31756365	2456	99.9923	0.0077
	Total	304742010	116645110	38.2767	116642654	2456	99.9979	0.0021
					Whether resolution is Pass or Not.			Yes
						Disclosure of notes on resolution		-

Details of Invalid Votes
Category No. of Votes
Promoter and Promoter Group	0
Public lnsitutions	1933000
Public - Non lnsitutions	811000

A. K. LABH FCS, ACMA (ICAI), MBA. M.Com., ACSI (Lend) DIM, DHRD, PGHDSM, DIRPM Practicing Company Secretary

A. K. LABH & Co.

Company Secretaries 40, Weston Street, 3rd Floor, Kolkata • 700 013 ({) (033} 2221 -9381, Fax : (033) 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : WV.'W.aklabh.com

CONSOLIDATED SCRUTINIZER'S REPORT

[Pursuant to Section l 08 of the Companies Act, 20 I 3 and Ruic 20 of the Companies (Management and Administration) Rules, 2014]

The Chairman of the 35th Annual General Meeting of Usha Martin Limited 2A, Shakespeare Sarani Kolkata ~ 700 071

Dear Sir,

I, Atul Kumar Labh, Practicing Company Secretary (FCS - 4848 / CP - 3238) and proprietor of Mis. A. K. Labh & Co., Company Secretaries, Kulkata was ·appointed as the ·scrutinizer in connection with the 35th Annual General Meeting ("AGM") of the members of "Usha Martin Limiteff' ("Company") held on Wednesday, the 11 th day of August, 2021 at 11 :30 a.m. through Video Conferencing ("VC') / Other Audio Visual Means ("OA VM") in terms of MCA Circular No. 02/2021 dated I 3th January, 2021 read with earlier MCA Circular Nos. 20/2020 dated 5 th May, 2020, 14/2020 dated 8 th April, 2020 and 17/2020 dated 13th April, 2020 (collectively referred as "MCA Circulars'') for the purpose of scrutinizing the electronic voting ("e-voting") process through remote e-voting and e-voting at the AGM in a fair and transparent manner and ascertaining the requisite majority for the said voting as per the provisions of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended, on the resolutions referred to in this report.

The management of the Company is responsible to ensure the compliance ,vith the requirements of the Companies Act, 2013, MCA Circulars and the Rules relating to remote e-voting and evoting at the AGM on the resolutions contained in the Notice of the AGM dated the 20th day of May, 2021. My responsibility as a scrutinizer for remote e-voting and e-voting at the AGM is restricted to make a Scrutinizer's Report of the votes cast "in favour" or "against" the resolutions, based on the reports generated from the e-voting system of National Securities Depository Limited ('·NSDL"), the agency engaged by the Company to provide the facilities for both remote e-voting and e-voting at the AGM.

A.K.LABH r-cs, ACMA (ICAI). MBA. M.Corn., ACS! (Lond) DIM, DHRD, PGHDSM , 0 1RPM

Practising Company Secretary

A.K.LAB & Co.

Company Secretaries 40, Weston Street, 3rd Floor, Kolkata • 700 013 ([) (033) 2221-9381, Fax : (033) 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

I submit my report as under :

• 1. The remote e-voting period remained open from 9.00 AM. 1ST on Sunday, the 8 th day of August, 2021 up to 5.00 P.M. 1ST on Tuesday, the 10th day of August, 2021.
• 1. The shareholders holding shares as on the "cut off' date, i.e. the 4 th day of August, 2021 were entitled to vote on the proposed 6 (Six) resolutions as mentioned in the Notice of the AGM dated the 20th day of May, 2021.
• 1. The Company had also provided e-voting facility at the AGM to enable the shareholders attending the AGM through VC / OA VM to cast the votes in case the same had not been cast by them through remote e-voting.
• 1. The votes were unblocked on Wednesday, the 1 I th day of August, 2021 around 01:55 P.M. 1ST after the completion of the AGM in the presence of two witnesses, namely, Mr. Narayan Chandra Saha, residing at 108, Sarat Chatterjee Road, Howrah - 711102 and Mrs. Anushree Dasgupta, residing at 28/N, Dwijen Mukherjee Road, Behala, Kolkata - 700060, who are not in employment of the Company.
• 1. The e-voting data/results downloaded from the e-voting system of NSDL were scrutinized and reviewed; the votes were counted, and the results were prepared.
• 1. The combined result of the remote e-voting and e-voting at the AGM [EVEN : 116322] are as under:

A. K. LABH r-cs, ACMA (ICAI), MBA, M.Corn .. ACSI (Lond) DIM, DHRD, PGHDSM, 01RPM Practising Company Secretary

A. K. LAB . & Co.

Company Secretaries 40, Weston Street, 3rd Floor, Kolkata - 700 013 (f) (033) 2221-9381, Fax: (033) 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

ORDINARY BUSINESS:

a) Resolution 1 : Ordinary Resolution

Adoption of the Financial Statements of the Company {both standalone and consolidated basis) for the year ended 31st March, 2021 together with Directors' and Auditors' Reports thereon

(i) Voted in favour of the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	231	116544381
E-voting at AGM	3	6707
Total	234	116551088	99.9986%

(ii) Voted against the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	9	1676
E-voting at AGM	0	0
Total	9	1676	0.0014%

Total number of members whose votes were declared invalid	Total number of votes cast by them
5	2744000

Company Secretaries 40, Weston Street, 3rd Floor, Kolkata - 700 0i3 (() (033) 2221-9381, Fax: (033) 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

b) Resolution 2: Ordinary Resolution

Appointment of a Director in place of Mr. Dhrub Jyoti Basu (DIN: 02498037), who retires by rotation and being eligible, offers himself for re-appointment

(i) Voted in favour of the Resolution:

% of total number of valid votes cast	Number of votes cast by them	Number of Members voted	Mode of voting
	116632525	226	Remote e-voting
	6707	3	E-voting at AGM
99.9950%	116639232	229	Total

{ii) Voted against the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	14	5878
E-voting at AGM	0	0
Total	14	5878	0.0050%

Total number of members whose votes were declared invalid	Total number of votes cast by them
5	2744000

A. K. LABH A. K. LABH & Co.

40, Weston Street, 3rd Floor, Kolkata • 700 013 ({) (033) 2221-9381, Fax: (033} 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

c) Resolution 3 : Ordinary Resolution

Re-appointment of Messers S. R. Batliboi & Co. LLP, Chartered Accountants (Firm Registration No. 301003E/E300005) as Statutory Auditors of the Company for second term of five years

(i) Voted in favour of the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	228	116632117
E-voting at AGM	3	6707
Total	231	116638824	99.9946%

(ii) Voted against the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	12	6286
E-voting at AGM	0	0
Total	12	6286	0.0054%

Total number of members whose votes were declared invalid	Total number of votes cast by them
5	2744000

r-cs, ACMA (ICAI), MBA, M.Com., ACSI (Lend) DIM, DHRD, PGHDSM, 01RPM Company Secretaries Practising Company Secretary

A. K. LABH A. K. LAB & Co.

40, Weston Sireet, 3rd Floor, Kolkata - 700 013 (f) (033) 2221-9381, Fax: (033) 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

SPECIAL BUSINESS:

d) Resolution 4 : Ordinary Resolution

Payment of remuneration to Mr Rajeev Jhawar (DIN:00085154}, Managing Director of the Company for remaining period of his tenure as Managing Director from 19th May~ 2021 to 18th May, 2023

{i) Voted in favour of the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	226	116634887
E-voting at AGM	3	6707
Total	229	116641594	99.9970%

(ii) Voted against the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	14	3516
E-voting at AGM	0	0
Total	14	3516	0.0030%

Total number of members whose votes were declared invalid	Total number of votes cast by them
5	2744000

A. K. LABH A. K. LABH & Co.

40, Weston Street, 3rd Floor, Kolkata • 700 013 ({) (033) 2221-9381 , Fax : (033) 2221 -9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

e) Resolution S : Ordinary Resolution

Appointment of Mr. Devadip Bhowmik {DIN: 08656505) as Whole Time Director of the Company for a period commencing from 15th March, 2021 to 14th March, 2026

(i) Voted in favour of the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	227	116619330
E-voting at AGM	3	6707
Total	230	116626037	99.9836%

(ii) Voted against the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	13	19073
E-voting at AGM	0	0
Total	13	19073	0.0164%

Total number of members whose votes were declared invalid	Total number of votes cast by them
5	2744000

~ A. K. LAB & Co.

40, Weston Street, 3rd Floor, Kolkata • 700 013 ({) (033} 2221-9381, Fax: (033} 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

f) Resolution 6 : Ordinary Resolution

Ratification of remuneration payable to the Cost Auditors for Financial Year ending 31st March, 2022

(i) Voted in favour of the Resolution:

Mode of voting	Numberof Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	230	116635947
E-voting at AGM	3	6707
Total	233	116642654	99.9979%

(ii) Voted against the Resolution:

Mode of voting	Number of Members voted	Number of votes cast by them	% of total number of valid votes cast
Remote e-voting	10	2456
E-voting at AGM	0	0
Total	10	2456	0.0021%

Total number of members whose votes were declared invalid	Total number of votes cast by them
5	2744000

A. K.LABH FCS, ACMA (ICAI), MBA, M.Com., ACS! {Lond) DIM, DHRD, PGHDSM, 01RPM Practicing Company Secretary

@) A. K. LAB & Co. Company Secretaries 40, Weston Street, 3rd Floor, Kolkata - 700 013 ({) (033) 2221-9381, Fax: (033} 2221-9381 Mobile : 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

• 1. All the resolutions proposed hereinabove have been passed with requisite majority.
• 1. The electronic data and e-voting registers shall remain in my safe custody until the Chairman of the meeting considers, approves and signs the minutes in this regard and thereafter it will be handed over to the Company Secretary as authorised by the Board of Directors for safe keeping.

Thanking You,

Yours truly For A. K. LABH & Co. cz;:::;~

(CS A. K. LABH) Practising Company Secretary FCS - 4848 / CP No. -3238 UIN : S1999WB026800 PRCN : 1038/2020 UD IN : F004848C000771482

Place: Kolkata Dated: 11.08.2021

A. K. LABH FCS, ACMA (ICAI}, MBA, M.Com., ACS! (lond) DIM, DHRD, PGHDSM, DIRPM Practising Company Secretary

A. K. LABH & Co. Company Secretaries

40, Weston Street, 3rd Floor, Kolkata • 700 013 (() (033) 2221-9381, Fax: (033) 2221-9381 Mobile: 98300-55689 e-mail: aklabh@aklabh.com / aklabhcs@gmail.com Website : www.aklabh.com

Witness:

1.

~ -

(Narayan Chandra Saha) l 08, Sarat Chatte1jee Road, Howrah-711102

2. ^~f~ ·-~,,:::;""'?1:.~

(Anushree Dasgupta) 28/N, Dwijen Mukherjee Road, Behala Kolkata - 700060

Received the Report of the Scrutinizer

For Usha Martin Limited

(Shamp· bosh Ray) Company Secretary ACS 16737