Vikas EcoTech Limited — AGM Information 2018

Sep 29, 2018

VEL/AGM/29/09/2018

==> picture [583 x 69] intentionally omitted <==

29.09.2018

The General Manager- Listing The General Manager- Listing National Stock Exchange Limited. BSE Limited. Exchange Plaza, Bandra- Kurla Complex, Phirozee Jeejeebhoy Towers, Bandra (E), Mumbai 400051. Dalal Street, Fort, Fax: 022-26598235/36 Mumbai - 400 001. NSE Symbol: VIKASECO. Scrip Code: 530961.

Sub: Proceedings of 33[rd] Annual General Meeting held on 28[th] September, 2018

Dear Sir

Pursuant to regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclosed herewith a summary of proceedings of 33[rd] Annual General Meeting of the Company held on 28[th] September, 2018. At Haryana Maitri Bhawan, Pitampura, New Delhi-110034.

You are requested to kindly take above information on your records.

==> picture [583 x 69] intentionally omitted <==

SUMMARY OF THE PROCEEDINGS OF 33[rd] ANNUAL GENERAL MEETING OF THE MEMBERS OF VIKAS ECOTECH LIMITED HELD ON SEPTEMBER 28, 2018 AT HARYANA MAITRI BHAWAN, PITAMPURA NEW DELHI-110034 COMMENCED AT 11.30 A.M.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 33[rd] Annual General Meeting (AGM) of the members of the Company was held on Friday, September 28, 2018 at 11.30 a.m. at Haryana Maitri Bhawan, Pitampura New Delhi-110034.

Shri. Sumer Chand Tayal, chaired the proceedings of the AGM.

The chairman informed the members that as required, the Company had provided remote e-voting facility to all the Members of the Company from September 25, 2018 (09.00 a.m.) to September 27, 2018 (05.00 p.m.). The voting rights of the members were in proportion to the number of equity shares held by them as on cut-off date, being September 21, 2018. The facility of voting through physical Ballot was also been made available to the members who attended the AGM and who has not already cast their votes by remote e-voting.

The Chairman also informed that the Board of Directors of the Company had engaged the services of M/s. Alankit Assignments Limited for the e-voting and had also appointed Mr. Anil Kumar Popli, Proprietor of M/s. AAA & ASSOCIATES, Company Secretaries, as the scrutinizer to scrutinize the entire voting process.

The following items of business as set out in the Notice convening the AGM were put for members’ approval.

S. No.	Item
	Ordinary Business:
1	Ordinary Resolution for adoption of (a) Audited Financial Statements of the Company for the yearended 31st March, 2018 including the Audited Balance Sheet as at March 31, 2018, the Statement ofProfit and Loss for the year ended on that date and the reports of the Board of Directors (‘the Board’)and Auditors Report thereon.
2	Ordinary Resolution for declaration of final dividend on Equity Shares @ 5% i.e. Rs. 0.5/- (FivePaisa) per share for the Financial Year ended 31st March, 2018.
3	Ordinary Resolution for Appointment of Director in place of Mr. Vikas Garg, Director, who retiresbyrotation and beingeligible, offers himself for reappointment.
	Special Business:
4	OrdinaryResolution for Ratification and confirm the remuneration to JSN & Co., Cost Auditor
5	Ordinary Resolution for Regularisation of Shri. Madan Mohan Mandal as Independent Director for 5years not liable to retire byrotation

The above resolutions were proposed and seconded by the members at the AGM. On the invitation of the Chairman, several members addressed the meeting and gave their suggestions, sought clarifications, which were provided by the Chairman. Thereafter, the Chairman directed that the poll be taken at the meeting through physical Ballot.

It was announced at the AGM that the consolidated e-voting results along with the physical Ballot voting shall be submitted to the Stock Exchanges within 48 hours of the conclusion of the AGM and will also be placed on the website of the Company.

==> picture [199 x 100] intentionally omitted <==