VOLTAMP TRANSFORMERS LIMITED — AGM Information 2021

Sep 30, 2021

Ref: VTL/SEC/NSE-BSE/54AGM

September 30, 2021

To,

NATIONAL STOCK EXCHANGE OF INDIA LTD. Listing Department "Exchange Plaza," Bandra -Kurla Complex, Bandra (E), Mumbai 400 051

Scrip Code: VOLTAMP EQ

Voltamp Transformers Limited

To, BSE LIMITED Department of Corporate Services, Floor 1, Rotunda Building, P J Towers, Dalal Street, Mumbai 400 001

Scrip Code: 532757

Dear Sir/ Madam,

Sub: Summary of proceedings of the 54th Annual General Meeting of the Company.

This is to inform you that the 54th Annual General Meeting of members of the Company was held today, on Thursday, September 30, 2021 and the busihess mentioned in the Notice dated June 25, 2021 were transacted.

In this regard, please find enclosed Summary of proceedings as required under Regulation 30, Part-A of Schedule - Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kindly take the same on record.

Thanking you,

lly, P TRANSFORMERS LIMITED

COMPANY SECRETARY & COMPLIANCE OFFICER

Encl: as above

Phone. +91 265 6141403-480, 3041403-480, +91 8128675078, 8128675080 Regd. Office & Works : Makarpura, VADDDARA-390014, GUJARAT, [INDIAl • • It t ansformers.com CIN : L311OOGJ1967PLC001437 Fax: +91 _ 265 6141499, 304 1499 Email: voltamp@voltamptransformers.com Web. www.vo amp r

Ahmedabad I Bangalore I Bhubaneshwar I Chandigarh I Chennai I Coimbatore I Gu!:~:~~~~~ipur I Jamshedpur I Kolkata I Mumbai I Nagpur I New Delhi I Pune I Secunderabad

SUMMARY OF PROCEEDINGS OF THE 54TH ANNUAL GENERAL MEETING (AGM) OF THE MEMBERS OF VOLTAMP TRANSFORMERS LIMITED HELD THROUGH VIDEO CONFERENCE (VC) / OTHER AUDIO VISUAL MEANS (OAVM) ON THURSDAY, SEPTEMBER 30, 2021 AT 10:00 A.M.

Shri K. S. Patel, Chairman & Managing Director, chaired the meeting and welcome all to the 54th Annual General Meeting ("AGM")of the members of the Voltamp Transformers Limited ("Company").

Shri Sanket Rathod, Company Secretary & Compliance Officer conducted the proceeding. And extended warm welcome to all the members, Directors, Auditors, Scrutinizer and Secretarial Auditor to the 54th Annual General Meeting ("AGM")of the members of the Voltamp Transformers Limited ("Company") and introduced the Directors, Key Managerial Personnel, Statutory and Secretarial Auditors joining over Video Conferencing and confirmed that requisite quorum, being present, and called the meeting to order.

It was informed that the meeting was held through Video Conferencing VC / OAVM without the physical presence of the members at a common venue in accordance with the Circular No. 14/2020 dated April 08, 2020, Circular No.17/2020 dated April 13, 2020 issued by the Ministry of Corporate Affairs followed by Circular No. 20/2020 dated May OS, 2020 and Circular No. 02/2021 dated January 13, 2021 and all other relevant circulars issued from time to time and Circular dated 12th May, 2020 & 15th January, 2021 issued by the Securities and Exchange Board of India and since the AGM is being conducted through Video Conferencing, there is no requirement of appointment of proxy.

The Chairman thereafter stated that copy of Director's Report, Auditors' Report and Financial Statements already provided and hence were taken as read and addressed the shareholders on the economic and industrial scenario, business prospects, and performance of the Company.

Shri Sanket Rathod, Company Secretary & Compliance Officer, took up proceeding of AGM further and with the permission of the members present, the Notice convening the Meeting along with the 54th Annual Report and Independent Auditor's Report, having been circulated to all the Members was taken as read.

The Members were informed that in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 108 of Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Amendment Rules, 2015 the Company has provided opportunity to all the Members for casting their votes electronically in respect of business to be transacted at the AGM. E-voting commenced at 9:00 a.m. on September 27, 2021 and ended at 5:00 p.m. on September 29, 2021 and that Shri Vijay Bhatt of M/s Vijay Bhatt & Company, Practicing Company Secretaries, Vadodara was appointed as the Scrutinizer for thee-voting.

On the invitation, Members who registered themselves as speakers, to addressed the meeting regarding their queries through VC/OAVM. The same were responded by Chairman, along ,,,_..---...... ' with the queries of the Members received through E-mail. .-~.;~1,Ni,r., .;>,

Further members are informed that voting to be taken electronically (e-voting) will open for 15 minutes after conclusion of AGM and members were requested to cast their vote, who have not casted their vote by remote e -voting.

The following resolutions set out in the Notice convening the AGM were moved by the Chairman:

Ordinary Business:

• 1. Adoption of the Audited Financial Statement for the Financial Year ended 31st March, 2021, together with the Directors' and the Auditors' Reports thereon.
• 1. Declaration of final dividend of INR 25 per equity share for the year ended March 31, 2021.
• 1. Re-appointment of Shri Kanubhai S. Patel (DIN 0008395) who retires by rotation and being eligible offers himself for re-appointment.

Special Business:

• 1. Appointment of Smt. Paulomi Jabal Lashkari (DIN: 00274468) as an Independent Director.
• 1. Appointment of Shri Rajendra Chhotalal Patel (DIN: 01681826) as an Independent Director.
• 1. Appointment of Smt. Taral K. Patel (DIN: 00023066) as a Non Executive Director.
• 1. Approval of remuneration of the M/s. Y. S. Thakar & Co., Cost Auditors for the financial year 2021-22.

Shri Sanket Rathod then thanked the members for their participation and announced formal closure of the Annual General Meeting of the Company.

The meeting concluded at 10:43 A.M. Till the time of conclusion, 45 Members attended the meeting.