Vippy Spinpro Ltd. — AGM Information 2024

Sep 19, 2024

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VSL/2024-25/965

19[th] September, 2024

To, Department of Corporate Services, BSE Limited, 25[th] Floor, P.J. Towers, Dalal Street, Mumbai-400001 IN

Scrip Code: 514302

SUBJECT: INTIMATION UNDER REGULATIONS 30, SCHEDULE III, OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Dear Sir/Madam,

We wish to inform you that the 32[nd] Annual General Meeting (AGM) of the Members of the Company was held today i.e. Thursday, September 19, 2024 at 11:30 a.m. through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”).

We are hereby attaching the detailed summary of the proceedings of AGM.

Please note that the result of e-voting will be intimated to you separately upon receipt of Report from Scrutinizer within 2 working days from the conclusion of the Annual General Meeting.

Kindly acknowledge the receipt and take it on your record.

Thanking you Yours Faithfully

For Vippy Spinpro Limited

Digitally signed by PULKIT PULKIT MAHESHWARI MAHESHWARI Date: 2024.09.19 13:37:10 +05'30'

Pulkit Maheshwari CS, Compliance Officer & CFO M.No. ACS 68690

OUTCOME OF THE

32[ND] ANNUAL GENERAL MEETING (AGM) OF THE COMPANY

Date, Time and Venue of the Meeting:

The 32[nd] Annual General Meeting (AGM) of the Members of the Company was held on Thursday, the 19[th] September, 2024 through two-way Video Conferencing (“VC”) at 11:30 AM in compliance with the General Circular No. 14/2020 dated 08[th] April, 2020, Circular No. 17/2020 dated 13[th] April, 2020 issued by the Ministry of Corporate Affairs followed by Circular No. 20/2020 dated 05[th] May, 2020 ,General circular No. 02/2021 dated 13[th] January, 2021 ,General Circular No. 02/2022 dated 05[th] May, 2022, General Circular No. 10/2022 dated 28[th] December, 2022 and General Circular No. 09/2023 dated 25th September, 2023 read along with SEBI Circular dated 12[th] May, 2020, 15[th] January, 2021, 13[th] May, 2022, 5[th] January 2023 and 6[th] October 2023 physical attendance of the Members to the General Meeting venue was not required and general meeting, held through video conferencing (VC) or other audio visual means (OAVM).

The requisite quorum being present, the Managing Director called the Meeting in order.

53 members being present through “VC” at 11:30 AM, Shri Pulkit Maheshwari, CS, Compliance Officer & CFO of the Company commenced the AGM and welcomed the members to the meeting. He confirmed that the Company had taken adequate steps and all efforts feasible to enable Members to participate and vote on the items being considered at the AGM.

The Managing Director delivered his speech to the members at the AGM.

Thereafter, Shri Pulkit Maheshwari informed that the original documents including the Register of Directors and Key Managerial Personnel, the Register of Contract or Arrangements, copies of audited financial statements, etc., were available for inspection. However, the Company has not received any request from any shareholder for inspection.

Shri Pulkit Maheshwari informed to the members that pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended) and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (as amended) and the Circulars issued by the Ministry of Corporate Affairs dated 8[th] April, 2020, 13[th ] April, 2020, 05[th] May, 2020 , dated 13[th] January, 2021, 05[th] May,2022, 28[th] December, 2022, 25[th] September, 2023 and SEBI Circular dated 12[th] May, 2020, 15[th] January, 2021, 13[th] May, 2022, 5[th] January 2023 and 6[th] October 2023 the Company had provided the remote e-voting facility through the platform of NSDL to the members of the Company to vote on the resolutions in respect of the businesses to be transacted at the AGM. The remote e- voting commenced at 09:00 AM on Monday, 16[th] September, 2024 and concluded at 05.00 PM on Wednesday, 18[th] September, 2024 and e-voting was also allowed during the AGM and was continued until 15 minutes from the conclusion of AGM.

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Shri Shilpesh Dalal, Practicing Company Secretary (Membership No. F5316, COP No. 4235) appointed as scrutinizer to scrutinize the voting at the meeting and remote e-voting process in a fair and transparent manner.

The Following items of business as set out in the Notice convening the 32[nd] Annual General Meeting (AGM) were commended for members’ consideration and approval:

Ordinary Business:

1. Consideration and Adoption of the Audited Financial Statement for the year ended 31[st] March, 2024 and Report of the Board of Directors and Auditors thereon.

2. Re-appointment of Shri Mangalore Maruthi Rao (DIN-00775060) director of the Company, who retire by rotation and being eligible, offer himself for re-appointment.

Special Business:

1. Approval of remuneration of M/s. M. Goyal & Co., Cost Accountants, Jaipur (Registration No. 000051) being appointed as Cost Auditors of the Company to conduct the audit of the Cost Records of the company for the Financial Year ending on 31[st] March, 2025.

2. Re-appointment of Shri Mangalore Maruthi Rao (DIN-00775060) as a Whole Time Director for a period of 1 (one) year w.e.f 28[th] October, 2024.

3. Regularisation of Shri Kamal Ahluwalia (DIN-10721707) as a Non-Executive Independent Director of the Company, not liable to retire by rotation, to hold office for the initial term of five consecutive years starting from 01[st] September, 2024 to 31[st] August, 2029.

Thereafter, the Shri Pulkit Maheshwari informed all the members of the Company that the results of the e-voting conducted prior and during the AGM along with the report of the scrutinizer will be announced within 2 working days from the conclusion of the AGM and the results of the e-voting shall be declared by the Chairman upon receipt of the Scrutinizers Report and the same shall be placed on the website of the Company at www.vippyspinpro.com, NSDL at www.evoting.nsdl.com and BSE at www.bseindia.com .

He further informed that, the recorded transcript of this AGM shall also be made available on the website of the Company at www.vippyspinpro.com as soon as possible after the Meeting is over.

Further, there were no Questions asked by the shareholders during the meeting.

There being no other business to transact, Shri Pulkit Maheshwari thanked all the members, Board members and invitees for participating in the meeting and declared that the meeting is concluded at 11:50 AM.

Thanking You Yours Faithfully For Vippy Spinpro Limited

PULKIT MAHESHWARI

Digitally signed by PULKIT MAHESHWARI Date: 2024.09.19 13:37:25 +05'30'

Pulkit Maheshwari CS, Compliance Officer & CFO M.No. ACS 68690

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