Zen Technologies Ltd. — AGM Information 2018

Sep 29, 2018

ZEN TECHNOLOGIES LIMITED

Certified CMMI Dev/5, AS9100D, ISO 27001, ISO 14001 Regd. Office : B-42, Industrial Estate, Sanathnagar Hyderabad - 500 018, Telangana, India Phone: +914023813281, 23811205, 23811206 Fax No: +91 40 23813694, 23814894 Email: info@zentechnologies.com Website: www.zen.in Corporate Identity Number: L72200TG1993PLC015939

Date: 29 September 2018

To	To
BSE Limited	National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers	Exchange Plaza, C-1, Block G,
Dalal Street	Bandra Kurla Complex,
Mumbai- 400001	Bandra JE), Mumbai - 400 051

Dear Sir I Madam,

Sub: Proceedings of zs" Annual General Meeting held on 29 September 2018 as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref: Security ID/ Symbol: ZENTEC; Series: EQ

Please find enclosed the proceedings of zs" Annual General Meeting of the Company held on Saturday the 29 September 2018 as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This is for your information and record.

Thanking you

Yours sincerely For Zen Technologies Limited

M Satish Choudhury Company Secretary

Encl: A/a

SUMMARY OF THE PROCEEDINGS OF 251h ANNUAL GENERAL MEETING

The 251h Annual General Meeting (AGM) of the members of Zen Technologies Limited was convened at 09.00 a.m. on Saturday the 29 September 2018 at 11111 Floor, Signature Towers, Opp. Botanical Garden, Kondapur, Hyderabad - 500 084, Telangana, India and concluded at 10.10 a.m.

•:• Directors Present:

1. Mr Ashok Atluri, Chairman and Managing Director

2. Mr M. Ravi Kumar, Whole Time Director

3. Mr Amreek Singh Sandhu, Independent Director & Audit Committee Chairman

4. Mr Veknata Samir Kumar Oruganti, Independent Director & Stakeholders Relationship Committee Chairman

5. Ms Sridevi Madati, Independent Director

6. •:• In Attendance:

7. I. Mr G. Ganesh, from M/s Sekhar & Co., Chartered Accountants, Statutory Auditors
8. 1. Mr D. S. Rao, from M/s P. S. Rao & Associates, Practicing Company Secretaries, Secretarial Auditors
9. 1. Mr N. Ramesh Kumar, Chief Financial Officer
10. 1. Mr M. Satish Choudhury, Company Secretary
11. •:• The requisite quorum was present at the beginning and throughout the meeting. Total 42 members were present in person at the AGM.
12. •!• Mr Ashok Atluri, Chairman, chaired the Meeting.
13. •!• The Chairman of the meeting delivered his speech on the business and performance highlights of the Company and a corporate presentation covering overview of the Company.
14. •:• Chairman requested the Members to express their views and to raise queries, if any, with regard to the financial statements for the year 2017-18 and other clarifications. Some of the members sought clarifications on financials, business operations, stock performance and future business prospects.
15. •:• The Chairman replied to all queries and expressed his optimistic view about the future prospects of the Company. He also informed the · shareholders about various developments took place during the last 6 months.
16. •!• Notice of the Annual General Meeting since already circulated, was taken as read with permission of the members.

17. •!• Auditors' Report was read by the Company Secretary.

18. •:• Mr D S Rao, Practicing Company Secretary, Hyderabad, was appointed to scrutinize voting at the AGM and e-voting process in a fair and transparent manner.

19. •:• Company Secretary read the agenda items of 251^hAGM Notice for the information of members.

ORDINARY BUSINESS:

1. Adoption of Audited Standalone Financial Statements

To receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended 31 March 2018 along with the Reports of the Board of Director's and Auditor's thereon.

1. Declaration of Dividend on the equity shares

To declare a dividend on the Equity Shares of the Company for the financial year ended 31 March 2018.

1. Appointment of Mr Ashok Atluri as Director, liable to retire by rotation To appoint a director in place of Mr Ashok Atluri (DIN: 00056050), who retires by rotation and being eligible offers himself for reappointment.

SPECIAL BUSINESS:

1. Appointment of Mr Amreek Singh Sandhu as Independent Director of the Company

2. Appointment of Mr Venkat Samir Kumar Oruganti as Independent Director of the Company

3. Approval of limits for the Loans, Guarantees, Security and Investment by the Company as per Section 186 of the Companies Act, 2013

4. Consent of Members for Allocation of sub-limits for Portfolio Investment for Registered Foreign Portfolio Investor/s (RFPis) (including Qualified Foreign Investor/s (QFis) and Foreign Institutional Investor/s (Flis)), Foreign Venture Capital Investor/s (FVCis) and Non Resident Indian/s (NRis)

5. •!• The members were informed that results of voting i.e., remote e-voting and ballot voting (poll), along with the Scrutinizer's Report will be placed on the Company's website and also on the website of Karvy after the result is declared by the Chairman and the same will also be communicated to the Stock Exchanges.

6. •:• The members were also informed that the resolutions, if passed, shall be considered as passed effective today i.e. 29 September 2018.
7. •:• Then the meeting was concluded with vote of thanks.