Viksit Engineering Ltd — AGM Information 2020

Sep 30, 2020

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30[th] September, 2020 Ref. No.: VEL/SEC/2020-21

To, Corporate Relationship Department, BSE Limited. Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

Scrip Code: 506196 ISIN: INE965V01012

Subject: Proceedings of the 38[th] Annual General Meeting of the Company pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

We are enclosing herewith proceedings pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015 of 38[th] Annual General Meeting (AGM) of the Company held on Tuesday, 29[th] September, 2020 at 2:30p.m. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) in accordance with the circular(s) issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in this regards and business(es) mentioned in the Notice dated 2[nd] September, 2020, convening the AGM were transacted thereat.

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Proceedings in brief:

• The 38[th] Annual General Meeting (AGM) of the Company was held on Tuesday the 29[th] September, 2020, through two-way Video Conference (VC) /Other Audio Visual Means (OAVM) in accordance with the applicable provisions of Companies Act, 2013 read with the Rules issued thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proceedings of the meeting commenced at 02:30p.m.

• Pursuant to Articles of Association of the Company read with provisions of Section 104 of the Companies Act, 2013 and applicable General Circular issued by Ministry of Corporate Affairs, Mr. Gyandatt Mandloi, Independent Director of the Board of Directors of the Company, was elected and appointed by the other Directors present, as the Chairman for the meeting.

• The requisite quorum being present through Video Conferencing, the Chairman called the meeting to order.

• The Chairman welcomed all the Directors and shareholders of the Company to the AGM. The Statutory and Secretarial Auditor were also present during the meeting.

• The Chairman informed the members that the Company had taken all feasible efforts under the current circumstances to enable members to participate through video conference and vote at the AGM and then provided general instructions to the members regarding participation in the meeting. The remote e-voting period which had commenced on Saturday, 26[th] September, 2020 at 10.00 a.m. ended on Monday, 28[th] September, 2020 at 5.00 p.m. The Company had provided a facility to the members to cast their votes electronically, on all resolutions set forth in the Notice convening the 38[th] AGM of the Company. M/s Kamlesh Purviya & Co. Practicing Company Secretaries (FCS: 10286 CP: 12960), appointed as the Scrutinizer for scrutiny of the votes cast through the remote e- voting platform and electronic voting at this AGM.

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• Thereafter, the Chairman delivered his speech to the shareholders of the Company.

After the conclusion of the Speech, the Chairman informed that, notice convening the AGM and the Annual Report of the Company for the financial year ended 31st March, 2020, were taken as read as the same were already circulated.

The following items of business, as per the Notice convening the 38[th] AGM of the Company dated 2[nd] September, 2020 were transacted at the meeting:

1. Receive, Consider and adopt the Financial Statements of the Company for the financial year ended 31st March, 2020 including Audited Balance Sheet as at 31st March, 2020, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date and the Reports of Board and Auditors thereon.

2. Appointment of Mr. Raghunandan Khandelwal (DIN: 00401113), who retires by rotation.

3. Appointment of Mr. Gyandatt Mandloi (DIN: 08571134), as an Independent Director of the Company

The Chairman, informed the members that voting on the CDSL platform would continue for another 15 minutes to enable the members to cast their votes during the meeting.

The Chairman, thereafter, thanked all the members for their participation at the AGM.

The meeting was concluded at 02:44p.m.

The Members were informed that a consolidated report on total votes cast in favour and against would be submitted by the Scrutinizer within 48 hours of the conclusion of AGM and the same would be forthwith declared by the Company by notifying to the Stock Exchanges and placed on website of company and the website of CDSL i.e. www.evotingindia.com

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Request you to take the above on record and oblige.

Thanking You,

Yours Faithfully,

For Viksit Engineering Limited RAGHUNANDA Digitally signed by RAGHUNANDAN KHANDELWAL DN: c=IN, o=Personal, cn=RAGHUNANDAN KHANDELWAL, serialNumber=7cbc6ca9c7873e83f7cbba05b43c7fd300337930 ad88957556b9ca26a6c1effa, postalCode=282002, 2.5.4.20=6bc3ba4b3c3c969a8e0e6f8e9e6c691ffe9682b3f523b N KHANDELWAL 48cdeec18d00664ed6f, st=Uttar pradesh Date: 2020.09.30 13:00:41 +05'30'

Raghunandan Khandelwal

Managing Director

DIN: 00401113