Prakash Industries Limited Srivan, Bijwasan, New Delhi -110061 CIN: L27109HR1960PLC010724 Tel.: 25305600, 26062115 Fax: 91-11-26062119 E-mail : pilho@prakash.com Website : www.prakash.com

PIUSE/AGM/2020

Listing Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

Company Code : 506022

301h September, 2020

Listing Department National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1 G Block,Bandra-Kurla Complex, Bandra (E), Mumbai - 400051

Company Symbol : PRAKASH

Sub : Annual General Meeting held on 28th September, 2020

Dear Sir,

We wish to inform you that an Annual General Meeting ("AGM") of the Company was held on 281

h September, 2020 and the businesses as per notice dated 2ih June, 2020 were transacted.

Please find enclosed the following :

1. Voting Results as required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Annexure -1, it has already been filed in xbrl mode with stock exchanges;

2. Report of Scrutinizer dated 29th September, 2020, pursuant to Section 108 of the Companies Act 2013 and Rule 20(4) (xii) of the Companies (Management and Administration) Rules, 2014-Annexure -II

Resolutions set out in the notice dated 27th June, 2020 have been passed with requisite majority.

This is for information and records.

Thanking you,

Yours faithfully, For Prakash Industries limited

~11 vv'l •cv' ~ 'lr-v Ashwini Kumar Company Secretary

Encl. as above

Regd. Office: 15 km Stone, Delhi Road, Hissar -125044

Prakash Industries Limited Continuation Sheet

Annexure I

DateofAGM 28-o!>-2020

87026

No. of Sliteholdet$ present In tn. metint either In person or through proxy - from(lt$'$ •nd Prol'llotel'$ Group

. """' ..

Resolution l'llq\llred : (Ofdlnary I Spe$ll Adoption of the Audited.._ 5hoH ... M.-c:h n. 20H, thli sc.t.m.M of Profit and Wu ud CUil Flow~ fw the flnanda! yt:ar uuf4d on tMt d.hi aM the Rports of the Board ofoncton and auc11ton .,.._ IOrdlnwy llffolutlon}

Whether promoter I promoter lfOllP IA! .. intlll"H\ed in the ilgendi / miolutlon _..., ModeofVotln& No.ofShuuhlllcl ... .. v .... " of Votu Polled No. of Votu In No. of Votfl " of Votu ln"ofVOU.~ ..... -- ...... ....... --- onvotHpollt:d ....... -· Ill '" {3) .. ({l)/(l)J•100 "' '" {6)" {(4}/(2)J•100 (7)"' USl/{2))*100

Promoter •nd Promoter Grwp ·- 0654742 88.25 63654742 0 100.00 0.00

""' 72133668 0 o.oo 0 0 0.00 0.00 - .... Ii ... ~•'-bk!l 0.00 0 0 0.00 0.00

Piiblk: lnftitutkmal ltolden - 0 0.00 0 0 o.oo 0.00 ... '""' 0 0.00 0 0 o.oo 0.00 Postal Ballot llf ... .Jir..blel 0 0.00 0 0 0.00 o.oo

Pubtk. Othon; - 12616211 12.73 "'""' 43S6673 65.47 34.53 ... 99079119 "''" 0.47 465949 0 100.00 0.00 f'ost&i Sallot{lf ..... Jk',;oblel 0 0.00 0 0 0.00 o.oo

T .... 17U.UU3 76736912 ..... "''"" US667:l ... ,, .... ......_ .. , Re•olutkm uk-ed : OrdltUI ,, •• ofShrlP.1.. DIN :000488681 Ha Dlntc:tor hblti to~ l...rotftlon 'Ordlml-Resolutloft' Wh..i.h...-~ I promom- lf'>UP "'" .. intflff!Sl:ed in tt.e 1senda I~ ,_.., Mode of Votin& No. of Shuu hefd •• .. ·- "ofV..c.&Pallitcl Ho. of ... _ In No. of Vatu " of Vote• In " of ... _ &plnst ...... -- ...... .. ..... -- ..... on wotes l'Off*d ...... -· (11 '" (3) .. {(l)/{1))-100 "' (S) (6) .. !{41/(2)}•100 (1)" l(Sl/{2)]•100

Promottw am:! Promoter Group - 63654742 U.2S 63654742 0 100.00 0.00 .... 72U3668 0 0.00 0 0 000 0.00 .... , .... " !---"· ble\ 0.00 0 0 0.00 0.00 Publll: klrtltlltkm•l liolden -. 0 0.00 0 0 0.00 0.00

'" """ 0 0.00 0 0 0.00 0.00 l'wtlli !laflot {tf aotihcablel 0 o.oo 0 0 0.00 0.00

Public-0th~ ·-· 12616657 12.13 625894-4 osnu 6S.46 34.S4 , .. 99079189 465949 0.47 ''"" 0 100.00 000 PQct.11 kllot(lf ..... ffcablel 0 o.oo 0 0 0.00 0.00

T""' l7U6USJ 76137341 .... 7U796JS 41577U 94.U '·"

......._ ...

....._ ulr~: IOrd!narv II ... of Shri SWiil Kumiw IDIN 1 OI0474111 N inde ntand N~ Dlr«tor Re...iutlonl

Whether promoter I promoter VoUP are •• krtefffted In the apnda I !'a<>lutlon

-"" Moot.afVOlinc Mo. of Shares held •• .. ·- " af Votff Pollod .... ·- inMo..ofV- % of V-• in % of Vote• qllilut -- M - - ....... ...... M- on.Yotnpoll1HI ....... _, ,,,

'" {3),. {(2)/(1)!•100 "' "' (6) ~ [(4)/(2)!*100 {1) ~ [(S}/{2)!•100

Promoter and l'romotM' Group ·- 63654742 "·" 63654742 0 100.00 0.00 ... 72133668 0 0.00 0 0 0.00 0.00 -· .... " l""ffcabiel 0.00 0 0 o.oo 0.00 Public lrlrtitutlomol Holden; - 0 o.oo 0 0 0.00 000

'"' """ 0 0.00 0 0 0.00 0.00 Portai!Saffot{if

·~"'k:able\ 0 o.oo 0 0 0.00 000 Public· Othao: Evotln1 12616657 12.73 12612856 3801 99.97 0.03

""' 99079189 465949 OA> 465949 0 >«H>O 000 PortlllS.llot{if annlicabl6\ 0 000 0 0 0.00 0.00 , .... l7UUl!ii 76137341 44.U 76733547 '"" "".00 0.00

Prakash Industries Limited Continuation Sheet ............. . Resolution No.4

Resolution ulred :\Ordlnt"' S ,, .... tmentofShrlVedPrakaih L•llfWal DIN:00048 as Chalrm1n of the Co • ed;1I Re$Olutfon\ Whetti.r promoter / promoter aroup 1111

Interested In th., 11pnde / raolutlon v ..

"""'""' Mode of Votina No. of Shares held No. of v- " of VOtel Polled ... of v- In No. of Votes " of Votes In "of Votes q1inst ..... .. ............ ....... aplnlt favoF.11' on votes on votu polled ...... ..... {1) {2) (3) .. [(2)/(1)]•100 {4) {S) (6) 1< 1(4)/{2)J•100 (7) = {(5)/(2)!"100

Promoter and Promoter Group ....... 63654742 88.25 6!6$4742 0 100.00 0.00

'" 72133668 0 0.00 0 0 o.oo 0.00

'""'' ..... {H aoollcablel o.oo 0 0 0.00 o.oo

Publlc institutional Holdel'$ ....... 0 0.00 0 0 0.00 0.00 ,,, ..... 0 0.00 0 0 0.00 0.00 Poml S.llot (If aoolk:able\ 0 o.oo 0 0 0.00 0.00

Public ·Others - 12616657 12.73 12609856 680! 99.95 0.05

'" 99079189 465949 0.47 465949 0 100.00 0.00 Porn! Ballot (if ..... lleablel 0 0.00 0 0 0.00 0.00

Tobi 17ll63853 76737348 4U1 76730547 6801 ..... 0.01

Resolution ™fUired : (Ordinuy / Specif;!} Approval of -1ver of recovery of eaceu menaprial remuneration paid to Shrl vec1 Prakash ApJwal 1om : 00048907), Chairman of the Company m the finand6I year 2019-20 (Spedal Ruo!utionl

Whethar promoter I promoter sroup are interested in the apndt / resolution '" """'"" Mode of Votinc No. of Shara held No. of v .... " of Voto Polled No. of Voto ln No. of Votes " of Votu In % of Votes against ..... .. - ....... .. ..... favo4.lr on votes on 11otes polled ...... .....

{1) {2) (3) <= !{2)/{1))•100 )4) IS) (6)"' [(4)/{2)]•100 (7)"' [{S)/{2)]•100

Promoter and Promoter Group ....... 636S4742 88.2S 63654742 0 100.00 0.00 ,,, 72133668 0 0.00 0 0 0.00 0.00 Postal "'"" {• a11111ieablaj 0.00 0 0 0.00 0.00

Public lnstitutlorn1I Holders Evotlna: 0 0.00 0 0 0.00 0.00 ,,, ..... 0 0.00 0 0 0.00 0.00 Pomiihllot(lf a- kablal 0 0.00 • 0 0.00 0.00

Pub!k: • OtheN- """"" 12616657 12.73 7991250 4625407 63.34 '"" '"' 99079189 ...... tl.47 465949 • 100.00 0.00 Postal 8.lllot (tf a~M•kablel 0 0.00 0 0 0.00 0.00

Total 171263853 76737348 ..... 72111941 4625407 93.97 6.03

Resolution r.qulred : (Ordinlry /Special) Apptovol of wtli\<er of recovery of UCH1 manaaertet mnurmatton paid to Shrl Wu.m Agarwal (DIN : 00054115), Manqlng Director of the Company for the financial.,.., 2019-20 (Special RasolutlonJ

Whether promoter I promoter &rm!P ue fntomsted !n the agenda / resolution ,.,

""''..., Mode of Votin,- No. of Shara held ·~ .. v .... % of Votes Polled ..... v- In No. of Vow % " Votu In % of Votes aealnst ..... 00 - ...... ....... fiwour on vote• on votes polled

""'" ..... Ill 12l (31"' [(2)/(l)J•100 {4) IS) (6)"' [(4)/{2))~100 (7)"' [{5)/(2}]*100

Promoter and Promoter Group Evotint: 63654742 88.25 63654742 0 100.00 0.00 Poll 72133668 0 0.00 0 0 0.00 0.00

'"""' lh!lct !• aoDlk:ablel 0.00 0 0 0.00 0.00

Public hutltutiontl HoldeN- ""'"" 0 0.00 0 0 0.00 0.00

·~' 50996 0 0.00 0 0 0.00 0.00 Postal 8.lllot {If &Dl:lkablal 0 0.00 0 0 0.00 D.00

Publk - Other11 ....... 12616657 12.73 7990750 4625907 63.33 36.67

'" 99079189 465949 0.47 465949 0 100.00 0.00 Portal !h!iot (If ... ~11etiblal 0 0.00 0 0 0.00 0.00

Total 17U63853 76737348 .. ~. 72111441 4625907 93.97 6.03

Prakash Industries Limited Continuation Sheet ............. .

Resolution No.7

~solutioh requir.d : (Ordinary/ Special) Approval of walvet of recovery of exceu manqeti.I reinunentlon paid to Shrl kanha A&--' (DIN : 06885529), Joint Man11i01 Director of the Company for the financial yur 2019-20 (Spedll Resolutfol'll

WhetMr promoter I promoter 1roup 1r. lnt.rosted In the •eemt. I resolution '" """""' Mode of Votins No. of Shares held No. of ..... % of Votes PoKed ... ,.. .. ............ ......

(1) 12) (3)"' ((2)/(1)]•100

Promoter and Promoter GrollP ...... 63654742 88.25 Poll 72133668 0 0.00

'°""' ..... I• 1ppbble) 0.00

Public lr1$tltutlornil Holden: - 0 0.00 Poll ..... 0 0.00 Postal !Rllot (If I -"-blel 0 0.00

Public ·Others - 12616657 12.73 ... 99079189 465949 0.47 Postal BiUot (If annlk:llblel 0 0.00

T~ 17U63853 76737348 44•1

~solution ulr.d : IOrd!l'la"' I s .... ciall Ratlflaitlon of remuneration of Cost Audlton fOr Resolution\

Whether promoter I promoter lfOUP are No Interested in the ;tgenda / rasolution

""""" Mode of Votfn&

Promot11r ;iind Promoter Group Evotlna Poll

'""' Ballot 1pp!lci1bl11)

Pubfk Institutional Holder$ Evotlng Poll Port.I hl!ot {if 11oollcable)

Publle • Othett EvotlllC Poll Post.IBa.!lot{if annUeablel

TOUI

This is for your Information and record please.

Thanking you,

Yours faithfully, For Prakash Industries Limited

--f11S h v'11 ~ Ashwinl Kumar Company Secretary

/l-<-<iYJ UV

I•

No. of Shanti hetd .... of ·-" of Votu Polled ·- .. -"''"' 111 121 (3) ... [(2)/(1))'"100

63654742 88.25 72133668 0 0.00

0.00 0 0.00

511996 0 0.00

0 0.00 12616657 12,73

99079189 465949 0.47

0 0.00 171253853 76737348 4U1

... al ..... In No. of Votes" of Votu In " of Vol:H qalnst ...... .. - favour on ..... on votes polled -(4) ISi (6)"' [(41/(2)]•100 (7)"' [(S)/{2)J 0 100

63654742 0 100.00 0.00 0 0 0.00 0.00

0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00

0 0 0.00 0.00 7990750 4625907 63.33 36.67

465949 0 100.00 0.00

0 0 0.00 0.00 72111441 4625907 93,97 6.03

No. of ..... In No. of . .... " of Votes In " of Vota 11aill5t ...... """"" ...... M- on votes polled

poU.d

l•I ISi {6) = {(4)/(2)1•100 (7) = [(S)/(2)]•100

63654742 0 100.00 0.00 0 0 0.00 0.00

0 0 000 000 0 0 0.00 0.00 0 0 0.00 0.00

0 0 0.00 0.00 12607741 8916 99.93 0.07

465949 0 100.00 0.00

0 0 0.00 0.00 76728432 8916 ..... 0.01

s. ssociateS&A- ~ :n=;

Scrutinizer's Report

[Pursuant to Ssction 108 of the Companies Act, 2013 and Rule 20 (4) (xii) of the Companies

(Management and Administration) Rules, 4J

To, The Chairman Thirty Ninth Annual Meeting of the Equity Shareholders

of Prakash Industries Limited held on September 28, 2020 at 12.30 M.

At 15 Km. Stone, Delhi Road, Hissar (Haryana)-125044

Dear Sir,

I, Susanta Kumar Hota of Mis S. K Hota & Associates, Company Secreta having 011

office at 21 , Savitri Nagar, New Delhi - 110017, was apprnnted as t11e scrutirnze•

Prakash Industries Limited.("the Company") for the purpose of the e vc'.

process in a fair and transparent manner and ascertaining the requ1s1te one-voting

carried out as per the provisions of Companies Act 2013 and Ru!e 20 14) ..

Companies 1Management and Administration) Rules, 2014 and the I :aken at the

Ninth Annual General Meeting (AGM) of the Equity Shareholders Prakash i:1dust1 e:.

Limited heid on tbe September, 2020 at 12.30 P M at Registe1·eci Office at 1 S Kin

Stone. Delhi Road. H (Haryana) - 125044, on the resolutions. as s0ct out in the Not cc

dated 2i" June, 2020 convening the Thirty Ninth Annual General Meeting

VVe submit our Report as under:

Dispatch Notice conveni the Meeting:

The Notice dated June, 2020 convening the Thirty Ninth Ann the Company held on the 28'h September. 2020 at 12.30 PM at Road, Hissar (Haryana) · 125044 along with the statement

under Sect:on 1 of the Cornpanies Act. 2013 were sent cc t·>

Company

Cut-off Date:

The members of the Company holding shares on the "cut-off

1 E- Kr-n Stone

L;

2020 were entitled to vote on the resolutions proposed as set out 111 t··c 11ot:ce

Annual General Meeting

01: · 2E301'

1. Pursuant to Companies (Management and Administration) Amendment

2015, the Com~lan1v provided the facility of voting, through physical poll paper at

the Venue those members who did not vote the remote e-

voting facility.

2. 20(4)(xiii) uf the Companies (Management Rules, 2015, for the of ensuring that

have their votes through remote e-voting do not vote again at

:"""''"'! Depository Servicf)s India Limited, thee-voting provided us

with access of period of remote .e-voting and before start of the AGM

to only Names, DP ID and Client ID/Folio Numbers, and number of shares held

Members who had cast their votes through remote e-voting 1tv1tilout providing us

manner which they vo ed.

3. After the announcement of Joling by Chairman, one Ballot Box kept for polling wer1'

locked in my presence with 1 lue identification marks placed by me

4. On Completion of voting at the meeting, the locked ballot box were subseq

opened in my presence (along with presence of two witnesses vrz and Mr.

Adhikari and Mr. Tarun K Sharma, both of whom are not 111 employment of

Company and poll papers were diligently scrutinized.

5. The poll papers were reconciled with the records maintained by authorizations I Proxies lodged with the Company. The Signature

of Shares held by respective members were scrutinized a Company.

Company and rv1en1bers and '.'~·,_

confinT1ed ' "-

6. No poll papers were incomplete and/or were otherwise found 00• 0 •"

REMOTE E-VOTING:

1. The Company has availed the remote e-voting services p ,

Depository India Limited i.e. ilttps:l/evotingindia com p1 ov1ci1ng

with the facility to cast tileir vote electronically

2. The e-votlng remained open from 251h September. 2020 it

September, 2020 till 5.00 P M

Arv1 tc ~-

3. After the conclusion of voting at the AGM, I first counted the votes cast at the 111ee!' c

and thereafter unblocked tile electronic votes in the presence tv;o witnesses

Mr. Sanjay Adilikari and Mr. Tarun K Sharma, who are not in 'he em

Company and who have signed below as confirmation to unbloc",, the vcces

4. The details containing list of silareilolders who voted "fol' or '' ::i , · ·> vn:.c,. '· , ,

were considered as "abstain/invalid" for each of tile resol t' ;,· 'Nr0 1e p:n tu ,

were downloaded from thee-voting website of https:llevctmg1rKi!a ::1:1:

,·~ '') ,.:: .....

rAn,nrt includes result voling through the physical poll papers 1.0 cast through the remote e-voting website of COSL by the eligible sl;a . VJe i1d, scrutinized the votes through electronic means and also through phycrcal poll the this The particulars of all the electronic votes cast by the through remote e-voting and votes cast by the members through physical papers in a register separately maintained for the

The result of voting is as under:

Item No. 1 - As an Ordinary Resolution; Adoption of the Aud1teo Balance Sheet "" at March 31, 2020, the Statement of Profit and loss and Cash Stcitement "'· financial ended on that date and the reports of the of Directors auditors thereon.

(i) vffrno in favour of resolution:

iNun:;-bl~nrnm:;le~lmTlbb:;:;er:rssrorr:;:;,s-,;11t1Nlffi~:;;:-;;t\;v:;:;o;t;te~suc;a;ss:tt 0%ln of total num of through poll favour of resolution valid votes cast

l<>l".trnni" voting system (rou off)

-~ "- -----

Poll 46 0.60 139 9372 185 9432

(ii) Voted against resolution:

Number through

Total

(Iii)

Total were

0 31 31

votes:

cast % total num r resolution of va VOt(IS

0 --- ·------- ... _________ ,_ __ -······~ '

4356673

whose votes Total number of votes cast them

Item No. 2 - As an Ordinary Resolution: Re-appointment

(DIN: 00048868) as a Director, liable to retire by rotation.

(i) Voted resolution:

Shri L

li\l~lb;~-;:;fm,;m~;,;.g-n-;;;ru:;rr'NUITTililru:-OT\r.;tru;-;:;;stT 0% of . total n u-m o t valid votes cast

: (rou off)

(ii) resolution:

(iii) Invalid votes:

of members whose votes invalid

votes cast resolution

0.60

Item No. 3 - As an Ordinary Resolution: Approval for appO!r>•ment of Srrn

Kumar (DIN:08047482) as Independent and Non-executive

(i) Voted in favour of resolution:

\Number of members present! Number of votes--cast.-0io

' and voting rough poll I in favour of resol valid

voting .(rou

Poll E-vot1:]fl_

Total

(1 i) Voted

46 150 196

465949 76267598

nst the resolution:

----------~-"

- "~"----

total number votes cast

off)

-"\ c ,-,

i i_; ~-· 0

\..., '•

members voted Number of votes ot the num

through electronic voting against the resolution of valid vote,,

Poll 0 0 ---- '>-----·------

21 3801 21

(iii)

votes cast by

No. 4 - As a Special Resolution: Approval for re-appointment of Shri Prakash (DIN:00048907) as Chairman of the Company

(i) Voted resolution:

(ii) Voted against the resolution:

voting against the resolution

0 6801

(iii) Invalid votes:

number cast :

• 0;; of ·--total num r valid votes

rounded off)

0

0 01 0 0·1

votes cast

Item No. 5 - As a Special Resolution: Approval of wa:ve: managerial remuneration paid to Shri Ved Prakash Aga·Na !DIN Chairman of the Company for the financial year 2019-20

(i) Voted in favour resolution:

Poll 46 124 170

Number of votes cast in favour of resolution

465949

of total number · f valid votes c,·. ~)t

(rounded off)

(ii)

(iii) Invalid vo!:es:

reso.lution:

votes cast against the resolution

Item No. 6 - As a Special Resolution: Approval of waiver managerial remuneration paid to Shri Vikram Agarwal (DIN. Director of the Company for the financial year 2019-20:

(i) Voted of resolution:

Number of members present of votes cast and voting through poll I in favour of resolution

Poll 46 123

Total 72111441

(ii) resolution:

of members voted ·-Number ---vo-tes-cast through electron voting against the resolution of

Poll 0 0 48 4625907

Total 48 4625907

(\ n1 1 votes:

-- -- --------

whose votes Total nurn them

Item No. 7 - As a Special Resolution: Approval of vD11111•r

managerial remuneration paid to Shri Kan ha Agarwal r D • r~ Managing Director of the Company for the financial year 201 ,,,

votes cast by

recovery of excess 125) f,Jianag

total num r of votes cast off)

0.60 93.37 93 97

the total nurnbot valid votes

rounded off) 0 GO 6

voles cac~t by

(i) of resolution:

votes cast resolution

(ii) Vo1ted against the resolution:

0

48

(iii) Invalid

Item 8 - an Resolution: To ratify Auditors

(i) Voted in favour of resolution:

members present poll I

electronic voti

46 465949 151 1

(ii) Voted the resolution:

members voted Number of votes cast . through ng against the resolution

total

0 00

of

votes off)

votes casl

rernuneration

total number o• votes c;L;

\rounded off)

0 99 99

the tota! nurnbo. valid vote"~- .

.. cast(roundod 0 0 u ~: 0 O''t

(iii)

votes cast by

0

The Register, in our safe aforesaid Chairman or

relevant records relating electrcrnc voting shall rem:m until the Chairman considers, approves and the minutes of r;::,,n~·ml Meeting and thereafter the same would handed over to ttw

""'l'r"''"'''1 for safe keeping.

All !he resolutions having requisite majority of votes, the resoec:uve resolutions rna; t>:· considered to have been passed. The Chairman may accordingly the result of voting

Thanking you,

Yours faithfulty.

For S. K. & Company Secretaries

Susanta (Proprietor) No. ACS-i61 C P No 6425 Place New Dated 29 09.2020 UDIN:A016165B000812037

Witness

1. S1gnatLHC Mr. Sa

Mahav:r E New Delhi

2. Signature L 5

Mr_ Tarun r< rrna Address 112c. Pocket AD Pitampura. De I> i 10034