VARVEE GLOBAL LIMITED — AGM Information 2021

Oct 1, 2021

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1[st] October, 2021

To, To, The Manager (Listing) The Manager (Listing) The Bombay Stock Exchange Ltd. The National Stock Exchange of India Ltd 1[st] Floor, “Exchange Plaza”, 5[th] floor, PhirozeJeejeebhoy Towers, Plot No. C/1, G-Block, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051

Company Code: 514274 (BSE) Company Code: AARVEEDEN (NSE)

SUB. : Minutes of 32nd Annual General Meeting of Aarvee Denims and Exports Limited alongwith the format of Voting Results under Regulation 44(3) of SEBI (LODR) Regulations, 2015.

Dear Sir/ Madam,

With reference to the above, we hereby enclose the Minutes of 32nd Annual General Meeting of Aarvee Denims and Exports Limited held on 29[th] September 2021 at 11:00 a.m. through audio video mode (concluded at 11:30 A.M.)

Further, we are also enclosing the format of Voting Results under Regulation 44(3) of SEBI (LODR) Regulations, 2015.

This is for your information and record. Kindly acknowledge receipt of

the same.

Thanking you.

Yours faithfully, For, Aarvee Denims and Exports Limited

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Rahul Makwana Company Secretary

Encl: As above

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MINUTES OF THE PROCEEDINGS OF THE 32[ND] ANNUAL GENERAL MEETING OF AARVEE DENIMS AND EXPORTS LIMITED HELD ON WEDNESDAY, THE 29[TH] SPETEMBER 2021 AT 11:00 A.M. THROUGH VIDEO CONFERENCING MODE (CONCLUDED AT 11:30 A.M.)

Directors present at the Meeting:

Mr. Ashish Shah, Managing Director of the Company and also a Member of Risk Management Committee and CSR Committee,

Mr. Sanjay Majmudar, Independent Director and also a Chairman of Audit Committee and Nomination & Remuneration Committee

Mr. Ashok Gandhi, Independent Director and Member of Nomination and Remuneration Committee and Audit Committee

Mr. Amol Dala, Independent Director and Member of Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee

Mrs. Aarti Thakkar, Women Independent Director of the company

Statutory Auditors present at the Meeting:

Mr. Sunil Dave, M/s. Shah and Shah Associates, Chartered Accountants

In Attendance:

Mr. Ketan Desai CFO Mr. Rahul Makwana CS Mr. Tapan Shah PCS – Scrutinizer

Mr. Ashish Shah was appointed as chairman of the meeting and took the chair.

Leave of absence was granted to Mr. Vinod Arora, Mr. Kalpesh Shah and Nipun Arora, who expressed their inability to attend the Meeting owing to his pre-occupation.

The Chairman extended a warm welcome to the Shareholders present at 32[nd] Annual General Meeting.

Further, The Chairman informed that 37 members attended the meeting through Audio Visual mode as per the report given by NSDL and 2 members attended the meeting in person.

After ascertaining that the requisite quorum for the meeting was present through Video Conferencing the Chairman called the meeting in order.

The Chairman welcomed the members to the meeting and the Company Secretary introduced Mr. Ashish Shah, Chairman of the meeting and Managing Director, Mr. Sanjay Majmudar, Mr. Ashok Gandhi, Mr. Amol Dala and Mrs. Aarti Thakkar, Independent Directors of the company and Mr. Sunil Dave, representative of Statutory Auditors, Mr. Vinod R Yadav, Internal Auditor and Mr. Tapan Shah, Secretarial Auditor of the company.

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Company Secretary informed the meeting that since the AGM is being held through Audio Video mode hence facility for appointing proxy was not required to be provided.

Company Secretary informed to the meeting that all the required registers and documents viz., 32nd Annual Report of the company are available for inspection at the premises of the Company during business hours or in case of any required documents they may send the email to the Company Secretary of the Company. Company Secretary then informed regarding the facility of e-voting and requested all members who have not tendered their vote through e-voting to now vote electronically.

With the permission of the members present at the meeting, the Notice dated 13[th] August 2021 convening 32nd Annual General Meeting, Directors’ Report, Auditor’s Reports and Secretarial Auditor’s report of the Company, as circulated to the shareholders of the Company, was taken as read.

Further, Company Secretary announced that there were no qualifications in Auditors’ report & in Secretarial Audit report.

Thereafter, The Chairman made presentation on highlighting the performance of the Company and future outlook. The Chairman addressed the meeting and read out his speech. He invited members for queries. Some members have raised the questions and the same were replied appropriately/satisfactorily by the Chairman.

The Company Secretary informed that pursuant to Section 108 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, the Company had provided remote e-Voting facility of NSDL to the shareholders for exercising their voting rights in respect of all the business mentioned in the Notice of AGM. Further, it was also informed that remote e-voting facility was kept open from Saturday, 25th September 2021 (9.00 A.M. IST) and ends on Tuesday, 28[th] September 2021 (5.00 P.M. IST).

The Company Secretary further stated that the resolutions prescribed in the Notice of Annual General Meeting of the Company would be passed through evoting by the members/ representatives present at the meeting.

The Company Secretary stated that pursuant to the provisions of Section 109 of the Companies Act, 2013 Mr. Tapan Shah, Practicing Company Secretary (Membership No. FCS 4476, CP No. 2839) was appointed as Scrutinizer in respect of remote e-voting process in a fair and transparent manner and submits his report.

The Company Secretary thereafter, read the resolutions as set out at item no. 1 to 6 of the Notice of 32nd Annual General Meeting and requested all the members present and entitled to cast their votes at the meeting through e-voting.

The Company Secretary informed that the results of voting on each resolution shall be determined by adding the votes cast by the members through remote e-voting and e-voting done in the meeting.

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The Chairman concluded meeting informing the members that result will be declared upon receipt of Scrutinizer's Report. He further informed that results shall also be placed on the Website of Company & NSDL and also intimated to Stock Exchanges where shares of the Company are listed.

The Chairman requested Mr. Tapan Shah, Scrutinizer to submit his Report on remote e-voting and e- voting done in the meeting.

The Chairman thanked the members for their participation and announced formal closure of the 32nd Annual General Meeting of the Company.

Following Businesses as contained in the Notice dated 13[th] August 2021 were transacted during the meeting.

ORDINARY BUSINESS

1. ORDINARY RESOLUTION TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE YEAR ENDED 31ST MARCH 2021 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON

“RESOLVED THAT the Audited Financial Statements as at 31st March, 2021, statement of Profit and Loss of the Company for the year ended on that date and the Report of the Auditors and Directors thereon as circulated to the Shareholders be and the same are hereby approved and adopted.”

2. ORDINARY RESOLUTION FOR RE-APPOINTMENT OF MR. VINOD P. ARORA (DIN 00007065) AS A DIRECTOR RETIRING BY ROTATION.

“RESOLVED THAT Mr. Vinod P. Arora (DIN: 00007065), Director of the Company, who retires by rotation at the 32nd Annual General Meeting of the Company, being eligible offered himself for reappointment, be and is hereby appointed as Director of the Company liable to retire by rotation.”

SPECIAL BUSINESS

3. SPECIAL RESOLUTION FOR RE-APPOINTMENT OF MR. NIPUN ARORA AS WHOLE TIME DIRECTOR OF THE COMPANY.

“ RESOLVED THAT pursuant to recommendation of Nomination and Remuneration Committee and pursuant to the provisions of Sections 196,197,198,203 and other applicable provisions, if any, of the Companies Act, 2013, including any statutory modifications or re-enactment thereof for the time being in force, read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 including Schedule V to the said Act, the consent of members of the Company be and is hereby accorded to the appointment of Mr. Nipun Arora (DIN: 00989835) as Whole Time Director, for a period of three years with effect from 11[th] August 2021 to an amount the details of which are given in the Explanatory Statement annexed hereto.”

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FURTHER RESOLVED THAT in the event of loss or inadequacy of profits in any financial year of the Company during the term of Mr. Nipun Arora (DIN: 00989835), office as Whole Time Director, the remuneration set out in the explanatory statement shall be paid or granted to Mr. Nipun Arora (DIN: 00989835), as minimum remuneration provided that the total remuneration by way of salary and other allowances shall not exceed the ceiling provided in Section II of Part II of Schedule V to the said Act or such other amount as may be provided in the said Schedule V as may be amended from time to time or any equivalent statutory re-enactment(s) thereof.”

FURTHER RESOLVED THAT the Board of Directors or KMP of the Company or any Committee thereof be and is hereby authorized to do all such acts, deeds and things as in its absolute discretion it may think necessary, expedient or desirable and to settle any question or doubt that may arises in relation thereto in order to give effect to the forgoing resolution and to amend, alter or otherwise vary the terms and conditions of appointment of Mr. Nipun Arora (DIN: 00989835), including his remuneration provided such remuneration does not exceeds limits prescribed under the provisions of the Companies Act, 2013 and any Statutory modifications or re-enactment thereof or any other guidelines relating to managerial remuneration as may be notified by the Government of India from time to time as may be considered by it to be in the best interest of the Company.”

4. ORDINARY RESOLUTION FOR APPROVAL OF THE REMUNERATION OF COST AUDITORS

“RESOLVED THAT pursuant to the provisions of Section 148 and all other applicable provisions of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof, for the time being in force), M/s. N. D. Birla & Co., Cost Accountants (Firm Registration Number - 000028), appointed by the Board of Directors of the Company to conduct the audit of the cost records of the Company for the financial year ending 31st March, 2022, be paid the remuneration of Rs. 60,000/- (Rupees Sixty Thousand only/-) plus Goods and service tax (GST) and out of pocket expenses, if any, incurred during the course of above audit.”

FURTHER RESOLVED THAT for the purpose of giving effect to this resolution, the Key Managerial Personnel or any director of the Company be and are hereby severally authorized to do all such acts, deeds, matters and things as they may deem fit

5. SPECIAL RESOLUTION TO APPROVE SALE OF CERTAIN WINDMILLS OF THE COMPANY

“RESOLVED THAT , pursuant to the provisions of Section 180(1)(a) and Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, and subject to other applicable provisions, if any, of the Companies Act, 2013, (including any statutory modification or re-enactment thereof for the time being in force), the provisions of the Memorandum and Articles of Association of the Company, the provisions of the listing agreement entered into by the Company with the Stock Exchanges where the shares of the Company are listed, and such other approvals, consents and permissions being obtained from the appropriate authorities to the extent applicable and necessary, the consent of the Members be and is hereby accorded to the Board of Directors of the Company (hereinafter referred as the “Board” which term shall be deemed to include

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any Committee which the Board may have constituted or hereinafter constitute from time to time to exercise its powers including the power conferred by this resolution), to sell / transfer / dispose off its 9(Nine) windmills with an aggregate capacity of 13.5 MW out of the total 14 (fourteen) windmills installed by the company at various locations in Gujarat ("Undertaking"), as a going concern / on a slump sale basis on an “as is where is” basis or in any other manner as the Board may deem fit in the interest of the Company, to several parties for a consideration of Rs. 387,522,135 (Rupees Thirty eight Crores Seventy Five Lacs Twenty two thousand one hundred and thirty five) on such terms and conditions as may be deemed fit by the Board.

FURTHER RESOLVED THAT the Board be and is hereby authorised and empowered to finalise and execute necessary documents including but not limited to definitive Agreements, deeds of assignment / conveyance and other ancillary documents, with effect from such date and in such manner as is decided by the Board to do all such other acts, deeds, matters and things as they may deem necessary and/or expedient to give effect to the above Resolution including without limitation, to settle any questions, difficulties or doubts that may arise in regard to sale and transfer of the Undertaking as they may in their absolute discretion deem fit.

FURTHER RESOLVED THAT the Board be and is hereby authorized to delegate all or any of the powers herein conferred, to any Committee of Directors or any one or more Directors of the Company with power to delegate to any Officers of the Company, with authorities as required, affixing the Common Seal of the Company on agreements/ documents, arranging delivery and execution of contracts, deeds, agreements and instruments.”

6. SPECIAL RESOLUTION TO APPROVE SALE SUBSTANTIAL PART OF UNDERTAKING (SPINNING UNIT) OF THE COMPANY

“RESOLVED THAT , pursuant to the provisions of Section 180(1)(a) and Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, and subject to other applicable provisions, if any, of the Companies Act, 2013, (including any statutory modification or reenactment thereof for the time being in force), the provisions of the Memorandum and Articles of Association of the Company, the provisions of the listing agreement entered into by the Company with the Stock Exchanges where the shares of the Company are listed, and such other approvals, consents and permissions being obtained from the appropriate authorities to the extent applicable and necessary, the consent of the Members be and is hereby accorded to the Board of Directors of the Company (hereinafter referred as the “Board” which term shall be deemed to include any Committee which the Board may have constituted or hereinafter constitute from time to time to exercise its powers including the power conferred by this resolution), to sell / transfer / dispose off substantial part of undertaking (spinning unit) situated at Village Sari, Sarkhej Bavla Highway, Ta. Sanand, Dist. Ahmedabad, Gujarat ("Undertaking"), as a going concern / on a slump sale basis on an “as is where is” basis on such terms and conditions at such time(s) and in such form and manner as deemed fit by the Board..

FURTHER RESOLVED THAT the Board be and is hereby authorised and empowered to finalise and execute necessary documents including but not limited to definitive Agreements, deeds of assignment / conveyance and other ancillary documents, with effect from such date and in such manner as is decided by the Board to do all such other acts, deeds, matters and things as they may deem necessary and/or expedient to give effect to the above Resolution including without limitation, to settle any questions, difficulties or doubts that may arise in regard to sale and transfer of the Undertaking as they may in their absolute discretion deem fit.

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FURTHER RESOLVED THAT the Board be and is hereby authorized to delegate all or any of the powers herein conferred, to any Committee of Directors or any one or more Directors of the Company with power to delegate to any Officers of the Company, with authorities as required, affixing the Common Seal of the Company on agreements/ documents, arranging delivery and execution of contracts, deeds, agreements and instruments.”

Resolution no. 1 to 6 was passed with requisite majority through e-voting process.

Result of the Electronic voting on the Ordinary and Special Businesses at the 32[nd ] Annual General Meeting of the Company held on Wednesday, 29[th] September 2021.

On the basis of the Scrutinizer's Consolidated Report for the Electronic voting at the Annual General Meeting, the consolidated summary of which is mentioned hereunder, that the Resolutions for Ordinary and Special Business as set out at Item No. 1 to 6 in the Notice of the 32[nd] Annual General Meeting of the Company have been duly passed with the requisite majority.

Ite m	Details of the Agenda	Ordinary / Special	Votes in favour of the Resolutions	Votes in favour of the Resolutions	Votes in against of the Resolutions	Votes in against of the Resolutions	Status
No.		Resolution
			No. of Votes - in favour	% of Votes in favour	No. of Votes - against	% of Votes against
1	To receive, consider and adopt the Audited Financial Statements, of the Company for the year ended 31st March 2021 together with the Reports of the Board of Directors and Auditors thereon	Ordinary	15947965	99.98	2751	0.02	Resolution passed with requisite majority
2	To appoint a Director in place of Mr. Vinod P Arora (DIN: 00007065), who retires by rotation and being eligible, offers himself for reappointment	Ordinary	15864580	99.96	5836	0.04	Resolution passed with requisite majority

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	SPECIAL BUSINESS
3	Re-Appointment Of Mr. Nipun Arora As Whole Time Director Of The Company	Special	15529766	99.96	5751	0.04	Resolution passed with requisite majority
4	To Approve Cost Auditors’ Remuneration	Ordinary	15947815	99.98	2601	0.02	Resolution passed with requisite majority
5	To approve sale certain windmills of the company	Special	15946365	99.97	4051	0.03	Resolution passed with requisite majority
6	To approve sale substantial part of undertaking (spinning unit) ofthe company	Special	15946040	99.97	4576	0.03	Resolution passed with requisite majority

Place: Ahmedabad C H A I R M A N Date: September 29, 2021 ASHISH SHAH

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Format of Voting Results under Regulation 44(3) of SEBI (LODR) Regulations, 2015	Format of Voting Results under Regulation 44(3) of SEBI (LODR) Regulations, 2015	Format of Voting Results under Regulation 44(3) of SEBI (LODR) Regulations, 2015
Date of the AGM	/~~EGM/Postal Ballot~~	29thSeptember 2021
Book closure date		NA
Total number of shareholders on record date		11137
No. of shareholders present in the meeting either in person or through proxy:		2
No. of Shareholders attended the meeting through Video Conferencing		37

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(1) To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March 2021 including audited Balance Sheet as at 31st March 2021, Statement of Profit & Loss and Cash flow statement for the year ended on that date and the report of the Auditors and Directors thereon . (Ordinary Resolution)

				% of Votes polled on outstanding shares
		No. of shares held	No. of votes polled		No. of votes – in favour	No. of votes – against	% of votes in favour on votes polled	% of Votes against on votes polled
Category	Mode of voting
		(1)	(2)	(3)=[(2)/(1)]*100	(4)	(5)	(6)=[(4)/(2)]*100	(7)=[(5)/(2)]*100
	E-Voting		14354737	100.0000	14354737	0	100.0000	0.0000
Promoter and Promoter Group
	Pll		0	0.0000	0	0	0	0
	o	14354737
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	14354737	14354737	100.0000	14354737	0	100.0000	0.0000
	E-Voting		0	0	0	0	0.0000	0.0000
	ll		0	0	0	0	0.0000	0.0000
Public- Institutions	Po	0
	Postal Ballot (if applicable)
			0	0	0	0	0.0000	0.0000
	Total	0	0	0.0000	0	0	0.0000	0.0000
	E-Voting		1595979	100.0000	1593228	2751	99.8276	0.1724
	ll		0	0.0000	0	0	0	0
Public- Non Institutions	Po	1595979
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	1595979	1595979	100.0000	1593228	2751	99.8276	0.1724
Total	Total	15950716	15950716	100.0000	15947965	2751	99.9828	0.0172
			Whether resolution is Pass or Not.				Yes

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• 2) To appoint a Director in place of Mr. Vinod P Arora (DIN: 00007065), who retires by rotation and being eligible, offers himself for reappointment (Ordinary Resolution)

								% of Votes against on votes polled
				% of Votes polled on outstanding shares
							% of votes in favour on votes polled
		No. of shares held	No. of votes polled		No. of votes – in favour	No. of votes – against
Category	Mode of voting
				(3)=[(2)/(1)]*10 0			(6)=[(4)/(2)]*10 0	(7)=[(5)/( 2)]*100
		(1)	(2)		(4)	(5)
	E-Voting		14274737	99.4427	14274737	0	100.0000	0.0000
Promoter and Promoter Group
	ll		0	0.0000	0	0	0	0
	Po	14354737
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	14354737	14274737	98.3658	14274737	0	100.0000	0.0000
	E-Voting		0	0	0	0	0.0000	0.0000
	ll		0	0	0	0	0.0000	0.0000
Public- Institutions	Po	0
	Postal Ballot (if applicable)
			0	0	0	0	0.0000	0.0000
	Total	0	0	0.0000	0	0	0.0000	0.0000
	E-Voting		1595679	99.9812	1589843	5836	99.6343	0.3657
	ll		0	0.0000	0	0	0	0
Public- Non Institutions	Po	1595979
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	1595979	1595679	99.9812	1589843	5836	99.6343	0.3657
Total	Total	15950716	15870416	99.4966	15864580	5836	99.9632	0.0368
			Whether resolution is Pass or Not.				Yes

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• 3) Re-Appointment Of Mr. Nipun Arora As Whole Time Director Of The Company (Ordinary Resolution)

				% of Votes polled on outstanding shares
							% of votes in favour on votes polled	% of Votes against on votes polled
		No. of shares held	No. of votes polled		No. of votes – in favour	No. of votes – against
Category	Mode of voting
		(1)	(2)	(3)=[(2)/(1)]*100	(4)	(5)	(6)=[(4)/(2)]*100	(7)=[(5)/(2)]*100
	E-Voting		13939838	97.1097	13939838	0	100.0000	0.0000
Promoter and Promoter Group
	Poll		0	0.0000	0	0	0	0
		14354737
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	14354737	13939838	97.1097	13939838	0	100.0000	0.0000
	E-Voting		0	0	0	0	0.0000	0.0000
	Poll		0	0	0	0	0.0000	0.0000
Public- Institutions		0
	Postal Ballot (if applicable)
			0	0	0	0	0.0000	0.0000
	Total	0	0	0.0000	0	0	0.0000	0.0000
	E-Voting		1595679	99.9812	1589928	5751	99.6396	0.3604
	Poll		0	0.0000	0	0	0	0
Public- Non Institutions		1595979
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	1595979	1595679	99.9812	1589928	5751	99.6396	0.3604
Total	Total	15950716	15535517	97.3970	15529766	5751	99.9630	0.0370
				Whether resolution		is Pass or Not.	Yes

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• 4) To Approve Cost Auditors’ Remuneration (Ordinary Resolution)

				% of Votes polled on outstanding shares
							% of votes in favour on votes polled	% of Votes against on votes polled
		No. of shares held	No. of votes polled		No. of votes – in favour	No. of votes – against
Category	Mode of voting
		(1)	(2)	(3)=[(2)/(1)]*100	(4)	(5)	(6)=[(4)/(2)]*100	(7)=[(5)/(2)]*100
	E-Voting		14354737	100.0000	14354737	0	100.0000	0.0000
Promoter and Promoter Group
	Poll		0	0.0000	0	0	0	0
		14354737
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	14354737	14354737	100.0000	14354737	0	100.0000	0.0000
	E-Voting		0	0	0	0	0.0000	0.0000
	Poll		0	0	0	0	0.0000	0.0000
Public- Institutions		0
	Postal Ballot (if applicable)
			0	0	0	0	0.0000	0.0000
	Total	0	0	0.0000	0	0	0.0000	0.0000
	E-Voting		1595679	99.9812	1593078	2601	99.8370	0.1630
Public- Non Institutions	Poll		0	0.0000	0	0	0	0
		1595979
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	1595979	1595679	99.9812	1593078	2601	99.8370	0.1630
Total	Total	15950716	15950416	99.9981	15947815	2601	99.9837	0.0163
				Whether resolution is Pass or Not.			Yes

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• 5) To sale certain Windmills of the company (Special Resolution)

				% of Votes polled on outstanding shares
							% of votes in favour on votes polled	% of Votes against on votes polled
		No. of shares held	No. of votes polled		No. of votes – in favour	No. of votes – against
Category	Mode of voting
		(1)	(2)	(3)=[(2)/(1)]*100	(4)	(5)	(6)=[(4)/(2)]*100	(7)=[(5)/(2)]*100
	E-Voting		14354737	100.000	14354737	0	100.0000	0.0000
Promoter and Promoter Group
	Poll		0	0.0000	0	0	0	0
		14354737
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	14354737	14354737	100.000	14354737	0	100.0000	0.0000
	E-Voting		0	0	0	0	0.0000	0.0000
	Poll		0	0	0	0	0.0000	0.0000
Public- Institutions		0
	Postal Ballot (if applicable)
			0	0	0	0	0.0000	0.0000
	Total	0	0	0.0000	0	0	0.0000	0.0000
	E-Voting		1595679	99.9812	1591628	4051	99.7461	0.2539
	Poll		0	0.0000	0	0	0	0
Public- Non Institutions		1595979
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	1595979	1595679	99.9812	1591628	4051	99.7461	0.2539
Total	Total	15950716	15950416	99.9981	15946365	4051	99.9746	0.0254
				Whether resolution is Pass or Not.			Yes

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• 6) To sale substantial part of undertaking (Spinning Unit) of the company (Special Resolution)

				% of Votes polled on outstanding shares
							% of votes in favour on votes polled	% of Votes against on votes polled
		No. of shares held	No. of votes polled		No. of votes – in favour	No. of votes – against
Category	Mode of voting
		(1)	(2)	(3)=[(2)/(1)]*100	(4)	(5)	(6)=[(4)/(2)]*100	(7)=[(5)/(2)]*100
	E-Voting		14354737	100.0000	14354737	0	100.0000	0.0000
Promoter and Promoter Group
	Poll		0	0.0000	0	0	0	0
		14354737
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	14354737	14354737	100.0000	14354737	0	100.0000	0.0000
	E-Voting		0	0	0	0	0.0000	0.0000
	Poll		0	0	0	0	0.0000	0.0000
Public- Institutions		0
	Postal Ballot (if applicable)
			0	0	0	0	0.0000	0.0000
	Total	0	0	0.0000	0	0	0.0000	0.0000
	E-Voting		1595879	99.9937	1591303	4576	99.7133	0.2867
	Poll		0	0.0000	0	0	0	0
Public- Non Institutions		1595979
	Postal Ballot (if applicable)
			0	0.0000	0	0	0	0
	Total	1595979	1595879	99.9937	1591303	4576	99.7133	0.2867
Total	Total	15950716	15950616	99.9994	15946040	4576	99.9713	0.0287
				Whether resolution i		s Pass or Not.	Yes

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==> picture [561 x 139] intentionally omitted <==

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