VIKAS LIFECARE LIMITED — AGM Information 2021

Sep 21, 2021

==> picture [523 x 89] intentionally omitted <==

September 21, 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: VIKASLIFE

Scrip Code: 542655

Sub: Proceedings of 26[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 26th Annual General Meeting (AGM) of Vikas Lifecare Limited held on Monday, September 20, 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 17, 2021 to September 19 ,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.vikaslifecarelimited.com.

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

Thanking you,

Yours Faithfully, for Vikas Lifecare Limited (formerly Vikas Multicorp Limited)

MONIKA Digitally signed SONI by MONIKA SONI

MonikaSoni Company Secretary

==> picture [559 x 24] intentionally omitted <==

Summary of proceedings of the 26th Annual General Meeting of Vikas Lifecare Limited

The 26th Annual General Meeting (“AGM”) of the Members of Vikas Lifecare Limited ( Formerly Known as Vikas Multicorp Limited ) (“the Company”) was held on Monday, September 20, 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	Directors
S. No.	Name	Designation	Mode of Attending
1	Mrs. Richa Sharma	Chairperson,IndependentDirector,Chairperson of Stakeholder RelationshipCommittee	In person at Registered OfficeoftheCompany(DeemedVenue)
2	Mrs. Preeti Gupta	Independent Director & Chairperson ofthe Audit Committee	In person at Registered OfficeoftheCompany(DeemedVenue)
Key Managerial Personnel
1.	Mrs. Monika Soni	Company Secretary and ComplianceOfficer	In person at Registered OfficeoftheCompany(DeemedVenue)
Other Invitees/Attendee
1	Ms. Rashika Gupta (M/sKumar G & Co., CompanySecretaries)	Scrutinizer	Through Video Conferencing

Members Present:

i) In person/ through Proxy : Not Applicable ii) Through Video Conferencing/OAVM : 67 (Sixty Seven)

Mrs. Monika Soni, 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, Mrs. Richa Sharma, was elected as the Chairperson of the Company on the recommendation of the Board and pursuant to the Articles of Association of the Company and took the chair and welcomed all the members of the Company, quorum being present, declared the meeting open.

She 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.

Mrs. Monika Soni,, 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, with the permission of the Chair, Mrs. Monika Soni, 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 she requested to the Mrs. Preeti Gupta, Independent director & Chairperson of the Audit Committee to brief about the company’s financial performance and business plans.

Mrs. Preeti Gupta presented an overview of the financial performance and business plans of the Company.

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 ofthe Company for the year ended 31st March, 2021 includingthe audited Balance Sheet as at 31st March, 2021, theStatement of Profit and Loss with Cash Flow Statement forthe year ended on that date and the reports of the Board ofDirectors (the Board ) and Auditors` thereon	Ordinary
2	To appoint a Director in place of Shri. Vivek Garg (DIN:00255443), Director, who retires by rotation and beingeligible, offers himself for reappointment	Ordinary
Special Business
3	Amendment in Object Clause of Memorandum of Associationof the Company	Special
4	Increase in Authorized Share Capital of the Company andConsequent Alteration in Capital Clause of the Memorandumof Association of the Company	Ordinary
5	Amendment to the Articles of Association of the Company	Special
6	To authorize capital raising through Right Issue of EquityShares	Special
7	Appointment of Mrs. Preeti Gupta (DIN: 09277719) as aDirector of Company	Ordinary
8	Appointment of Mrs. Preeti Gupta (DIN: 09277719) as anIndependent Director of the Company	Special
9	Appointment of Statutory Auditor of the Company to Fill theCasual Vacancy	Ordinary

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 11:47 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 20, 2021. All the Resolutions were declared as passed with the requisite majority.