Vivimed Labs Ltd. — AGM Information 2018

Sep 27, 2018

Date: 27/09/2018 Vivi med

To

BSE Limited National Stock Exchange of India Ltd. P.J.Towers, Dalal Street, Exchange Plaza,P10tn0. C/ 1, ^G Block, Mumbai — ⁴⁰⁰⁰⁰¹ Bandra-Kurla Complex, Bandra (E) BSE - Code : ⁵³²⁶⁶⁰ Mumbai - ^{400 051} NSE- Symbol: VIVIMEDLAB

Dear Sir/Madam,

Sub: Proceedings of the 30th Annual General Meeting (AGM) held on 27tll September, 2018

With reference to the subject cited above and pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵ (hereinafter referred to as SEBI (LODR) Regulations, 2015), please find enclosed the Summary of proceedings as required under Regulation ³⁰ of SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵

The Report of the scrutinizer is awaited and on receipt, the same will be sent along with the Voting Results as required under Regulation ⁴⁴ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵

Request you to take the same on records.

Thanking you, Yours faithfully, For Vivimed Labs Limited

K. ugandhar Company Secretary

Encl: a/a

Corporate Office:

North End, Road No. 2 Banjara Hills. Hyderabad, Telangana — 500 034, India. T +91[0] 40—6608-6608. F +91[0] 40—6608—6699

Summary of the proceedings of the 30th Annual General Meeting

The 30lhAnnual General Meeting "AGM"/"Meeting") of Vivimed Labs Limited ("the Company") was held on Thursday, 27t , September 2018 at 11.30 a.m. at Plot No.?8-A, Kolhar Industrial Area, Bidar- 585403 Karnataka.

Mr.Santosh Varalwar,Managing Director, chaired the meeting and welcomed the Members & other Dignitaries, guests to the 30th AGM of the Company. The Chairman called the Meeting to order as the requisite quorum was present. The Register of Directors and Key Managerial Personnel and their Shareholding and Register of contracts or arrangements in which directors are interested were made available during the meeting for inspection of the members.

The Chairman introduced the Directors present in the meeting, the Directors present addressed to the members and apprised about the performance of the Company and future initiatives to the members.

Chairman delivered his speech and addressed the shareholders on the performance of the Company.

Thereafter the Chairman conducted the proceedings of the meeting and requested the Company Secretary to read out the Auditors' Report, the Secretarial Audit Report, voting procedure given to members, Items given in the Notice of AGM.

Thereafter the Company Secretary read out the Auditors' Report, the Secretarial Audit Report, voting procedure given to members, Items given in the Notice of AGM.

The Company Secretary stated that the remote e- voting facility was provided to the members, to cast their votes using an electronic voting system, who were not in a position to attend or give proxy to attend the annual general meeting. Company provided electronic voting facility from Monday, September 24, 2018 at 9:00 a.m. (IST) and ends on Wednesday, September 26, 2018 at 5:00 pm. through CDSL to the members entitled to cast their vote for the resolutions, as set out in the Notice, as per the Companies Act, 2013 in the manner as prescribed under the Companies (Management and Administration) Rules, 2014 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr.N.V.S.S.Suryanarayana Rao, Practicing Company Secretary was appointed as Scrutinizer for remote e-voting & Poll.

Thereafter the following items given in the Notice of 30th AGM was taken up;

• 1. To receive, consider and adopt the Standalone Balance Sheet as at March 31, 2018, Statement of Profit and Loss for the Financial Year ended on March 31, 2018, Cash Flow Statement for the Financial Year ended March 31, 2018 and reports of Directors and Auditors thereon.
• 1. To receive, consider and adopt the Consolidated Balance Sheet as at March 31, 2018, Statement of Profit and Loss for the Financial Year ended on March 31, 2018, Cash Flow Statement for the Financial Year ended March 31, 2018 and Report of Auditors thereon.
• 1. To declare dividend. on the'éfitlity-zshares for the financial year 2017-18

• 1. To appoint a Director in place of Mr.Manohar Rao Varalwar, who retires by rotation and being eligible offers himself for re-appointment
• 1. To Re-appoint Statutory Auditors and fix their remuneration
• 1. To ratify the remuneration payable to M/s.A.S.Rao & Co, Cost Accountants to audit the cost records for the financial year ending 31St March 2019.
• 1. Change in designation of Mr.Subhash Varalwar from whole time director to non-executive director of the company due to superannuation

Thereafter, the Chairman invited the Members to raise questions/give comments on the accounts and performance of the Company for the year ended 31St March, 2018.

At the request of the Chairman, the shareholders present at the meeting spoke about the Company's financial performance and sought clarification.

Mr.Santosh Varalwar, Chairman thanked the members for their active participation. At his request Mr.S.Raghunandan,Whole Time Director provided clarification to the queries raised by the members.

Thereafter the Chairman requested the Company Secretary to announce the Poll. The Company Secretary requested the members and proxy holders present and entitled to vote to participate in the P011 and exercise their vote on all resolutions as set out in items ¹ to 7 of the Notice.

The Company Secretary further announced that the results of voting, along with the consolidated Scrutinizers Report shall be announced within forty eight hours of conclusion of Meeting by the Chairman or a person authorised by the Chairman to the Stock Exchanges and the same would be displayed on the website of the company, CDSL website.

After the casting of the votes by all the Members and proxies present at the AGM, The Chairman thanked all the members for their presence and support and informed that the meeting was closed.

' '- 1.35%. For Vivimed Labs Limited

K ndhar L- \' Company Secretary ^I 'I _ ^y _