Vikas EcoTech Limited — AGM Information 2021

Sep 27, 2021

September 27, 2021

Listing Compliance Department National Stock Exchange of India Limited.Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai 400051

Listing Compliance Department BSE Limited. Phirozee Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001

NSE Symbol: VIKASECO

Scrip Code: 530961

Sub: Proceedings of 36 th Annual General Meeting held on September 20, 2021

Dear Sir/ Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a summary of the proceedings of the 36th Annual General Meeting (AGM) of Vikas Ecotech Limited held on Monday, September 27, 2021 at 11:30 A.M.

The Remote E-voting on all the Resolutions set out in the Notice of AGM was conducted during the period from September 24, 2021 to September 26 ,2021 and for those who did not cast their vote through remote e-voting, the facility to cast vote through e-voting during the AGM was also made available.

The results of the E-voting at Annual General Meeting and of remote E-Voting along with scrutinizer's report shall be circulated separately in due course.

The above information is also available on the company's website at www.vikasecotech.com.

We request you to kindly take the above information on record and oblige.

Thanking you,

Yours Faithfully, for Vikas Ecotech Limited

SAJWANI PRASHANT Digitally signed by SAJWANI PRASHANT

Prashant Sajwani Company Secretary

Summary of proceedings of the 36th Annual General Meeting of Vikas Ecotech Limited

The 36th Annual General Meeting ("AGM") of the Members of Vikas Ecotech Limited ("the Company") was held on Monday, September 27, 2021 at 11:30 A.M. through Video Conferencing ("VC")/ Other Audio Visual Means ("OAVM"). The meeting was held in compliance with the General Circular nos. 20/2020, 14/2020, 17/2020 issued by the Ministry of Corporate Affairs and Circular bearing number SEBI/HO/CFD/CMD1/CIR/P/2020/79 issued by the Securities and Exchange Board of India ("SEBI") and as per the applicable provisions of the Companies Act, 2013 and the Rules made there-under.

Following were present:

Directors
S. No.	Name	Designation	Mode of Attending
1)	Mr. Gyan Prakash Govil	Non-Executive-Independent Director, Chairperson	Through Video Conferencing
2)	Mr. Ravi Kumar Gupta	Non-Executive-Independent Director	Through Video Conferencing
3)	Mr. Suresh Kumar Dhingra	Executive Director	In person at Registered Office of the Company (Deemed Venue)
4)	Ms. Kratika Godika	Non-Executive-Independent Director	Through Video Conferencing
Key Managerial Personnel
5)	Mr. Amit Dhuria	Chief Financial Officer	In person at Registered Office of the Company (Deemed Venue)
6)	Mr. Dinesh Bhardwaj	Chief Executive Officer	In person at Registered Office of the Company (Deemed Venue)
7)	Mr. Prashant Sajwani	Company Secretary and Compliance Officer	In person at Registered Office of the Company (Deemed Venue)
Other Invitees/Attendee
8)	Ms. Rashika Gupta (M/s Kumar G & Co., Company Secretaries)	Scrutinizer & Secretarial Auditor	Through Video Conferencing

Members Present:

• i) In person/ through Proxy : Not Applicable
• ii) Through Video Conferencing/OAVM : 48 (Forty Eight)

Mr. Prashant Sajwani, Company Secretary and Compliance Officer of the Company welcomed all present and highlighted necessary points for joining and conducting the AGM through VC/OAVM.

Thereafter, Mr. Gyan Prakash Govil, welcomed all the members of the Company, quorum being present, declared the meeting open.

He thereafter informed the members that the requisite Statutory Registers are available for inspection to the Members during the AGM and can be obtained by sending an email to the Company. It was then informed that Notice of AGM along with Annual Report for Financial Year 2020-21 had been sent through emails to all the members and was taken as read.

Mr. Prashant Sajwani, Company Secretary and Compliance Officer of the Company, who was present in person at the deemed venue of the meeting, with the permission of the Chair, introduced Directors, and the attendees and thereafter the Chairperson informed the members regarding the business to be transacted at the meeting and asked the Company Secretary to proceed further.

Then, Mr. Ravi Kumar Gupta, Non-Executive - Independent Director of the Company , welcomed all present and handover the proceeding to Mr. Suresh Kumar Dhingra, Executive Director of the Company, who informed the members about the Ordinary and Special Business to be considered in the meeting.

Then, Mr. Prashant Sajwani, Company Secretary and Compliance Officer briefed regarding the arrangements made for the meeting and further informed that the Company has enabled its members to participate in the AGM through the VC facility provided by Central Depositories Services (India) Limited, CDSL. It was further informed that the members were provided with the facility to exercise their right to vote by electronic means, through remote e-voting and e-voting at the AGM in accordance with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Members who joined the meeting through VC and who had not cast their vote through remote e-voting were provided the option to vote through e-voting facility made available at the AGM. The Company had appointed M/s Kumar G & Co., Company Secretaries, as Independent Scrutinizer to supervise the e-voting process and to provide combined voting results of remote e-voting and e-voting at the AGM along with the Scrutinizer's Report.

Then he requested to the Mr. Amit Dhuria, Chief Financial Officer to brief about the financial performance of the Company.

Mr. Amit Dhuria presented an overview about the company's financial performance and handover the proceedings to Mr. Dinesh Bhardwaj, Chief Executive Officer of the company express their views on the current and future business plans of the company

Thereafter, Mr. Dinesh Bhardwaj presented an overview about the company's current and future business plans.

As the Meeting was convened through VC/ OAVM, the following Resolutions were put to vote through remote e-voting/electronic voting only and as such the requirement to propose and second the businesses become not applicable:

S. No.	Resolutions	Resolution
Ordinary Business
1.	To receive, consider and adopt the Financial Statements of the Company for the year ended 31st March, 2021 including the audited Balance Sheet as at 31st March, 2021, the Statement of Profit and Loss with Cash Flow Statement for the year ended on that date and the reports of the Board of Directors ('the Board') and Auditors' thereon.	Ordinary
2.	To appoint a Director in place of Shri. Vikas Garg (DIN: 00255413), Ordinary Director, who retires by rotation and being eligible, offers himself for reappointment.
3.	To Re-Appointment of M/S KSMC & Associates, Chartered Accountants, (Firm Registration Number: 003565N) as a Statutory Auditor of the Company.	Ordinary
Special Business
4.	Approval of Remuneration of Cost Auditor of the Company.	Ordinary
5.	Increase in Authorized Share Capital of the Company and Consequent alteration in Capital Clause of the Memorandum of Association of the Company.	Ordinary
6.	Amendment to the Articles of Association of the Company.	Special
7.	To authorize Capital raising through Right Issue of Equity Shares.	Special
8.	Appointment of Ms. Kratika Godika (DIN: 08825445) as a Director of Company.	Ordinary
9.	Appointment of Ms. Kratika Godika (DIN: 08825445) as an Independent Director.	Special

The Company Secretary also announced that e-voting results along with the consolidated Scrutinizer's Report shall be submitted to Stock Exchange(s) where the shares of the Company are listed and shall also be placed on the website of the Company within 48 hours from the conclusion of the meeting.

The Company Secretary concluded the meeting by order of the Chairman placing on record the appreciation and gratitude for all the stakeholders for having reposed their trust and confidence in the Company on behalf of all the panelists. The meeting ended with vote of thanks to the Chair. The meeting concluded at 11:50 A.M. and thereafter E-voting window was open for another 15 minutes. The Scrutinizer's Report was received after conclusion of the Meeting on September 27, 2021. All the Resolutions were declared as passed with the requisite majority.