Akzo Nobel India : Outcome of AGM 2023

Akzo Nobel lndla Limited	AkzoNobelj,/

4 August 2023

Department of Corporate Services SSE Limited

1st floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort

Mumbai - 400 001

Scrip Code: 500710

Dear Sir,

The Listing Department

National Stock Exchange of India Ltd. Exchange Plaza, 5th floor, Bandra-Kurla Complex

Sandra (E) Mumbai - 400051 Symbol: AKZOINDIA

Sub: Outcome of AGM - pursuant to Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is to inform you that 69th Annual General Meeting (AGM) of the Company was held on Thursday, 3rd August 2023 at 1430 hours through video conferencing/other audio visual means in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI) to transact the business(es) mentioned in the Notice dated 23 May 2023 convening the AGM.

We hereby submit the followinq documents:
Description	Annexure
Summary of the proceedings of the AGM pursuant to Part A		Annexure-A
of the Schedule 111 under regulation 30 of the SEBI LODR
Requlations	Annexure-B
Voting results of the AGM pursuant to Regulation 44 of the
SEBI LODR Reaulations
Consolidated Report of the Scrutinizer dated 41h August	Annexure-C
2023 on remote e-voting and e-voting at the AGM, pursuant
to Section 108 of the Companies Act, 2013 read with Rule
20 of the (Manaaement and Administration) Rules, 2014

The above details will also be available on the website of the Company (www.akzonobel.co.in) and the website of National Securities Depository Limited (www.evoting.nsdl.com)

Further, the recording of the webcast of the AGM has been uploaded on the website of the Company at www.akzonobel.co.in and can be accessed through the following link: https://akzonobel.co.in/investors.php#agm-m

This is for your kind information and record.

Thanking you,

Yours sincerely,

For Akzo Nobel India Limited

KRISHNA RALLAPALLI

Digitally signed by

KRISHNA RALLAPALLI Date: 2023.08.04 16:18:46 +05'30'

Krishna Rallapalli

Wholetime Director and CFO

DIN:03384607

Encl: as above.

Magnum Towers, 9th Floor	T [phone]
Golf Course Extension Road, Sector-58	www.akzonobel.co.in
Gurugram • 122 011
Haryana, India

Regl11orad Olllco GealanJall Apartmonl, 111 Floor, 8-8, Middleton Slreel. Kolkala- 700 071 CIN L24292W81954PLC021516

Annexure-A

BRIEF PROCEEDINGS OF THE 69	th	ANNUAL GENERAL MEETING ('AGM')
OF AKZO NOBEL INDIA LIMITED
The 69thAGM				rd
of the Company was held on Thursday, 3 August 2023, through
video conferencing/other Audio Visual Means in accordance the applicable
provisions of Companies Act, 2013 read with the Rules issued thereunder and
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The meeting commenced at 1430 hours.
Mr Oscar Wezenbeek, Chairman of the Company, chaired the proceedings of the
meeting.
The requisite quorum being present through Video Conferencing/other audio
visual means, the Chairman called the meeting to order. All directors were
present in the meeting. The Statutory, Secretarial and Cost Auditors were also
present in the meeting.
The Chairman welcomed all the Directors and shareholders of the Company to
theAGM.
He then introduced all the Directors and acknowledged the attendance of
Auditors in the meeting.
Beforestarting the formal business of the meeting, he made a speech to the
shareholders where he highlighted the economic environment, innovation and
growth, powerful performance on Grow and Deliver ambition, key initiatives
including those with respect to sustainability, CSR and the way forward for the
company.
After this the Managing Director of the Company, Mr Rajiv Rajgopal made a
presentation sharing performance highlights of the company.
After the presentation, Chairman continued the proceedings and informed that
the Notice of theAGM together with the financial statements and the reports of
the board of directors and auditors for the financial year ended 31st March 2023
were sent to the members by email and a public notice was published in the
newspapers. Since there were no adverse remarks, these were taken as read.
Thereafter he requested the members to ask their questions/express their views.
A total of 13 speaker shareholders spoke/raised queries/made comments on the
financial performance and other relevant matters of the Company.
The Chairman thanked all the members for their participation at theAGM and for
their constructive suggestions and observations. Thereafter, the Chairman,	the
Managing	Director/CFO	answered/responded/clarified	all	the
questions/comments.

Thereafter, the Chairman took up the following items of business, as per the Notice convening the 69th AGM of the Company dated 23 May, 2023:

SI. No. Aoenda item/Resolution	Cateaorv
Ordinarv Business

• To receive, consider and adopt the audited Ordinary Resolution financial statements (standalone and
  consolidated) for the financial year ended 31 March 2023 and the reports of the Directors and Auditors thereon

• To confirm interim Dividend as declared and Ordinary Resolution paid during financial year 2022-2023and to
  declare final Dividend on equity shares for the financial year ended 31 March 2023

• To appoint a Director in place of Mr Krishna Ordinary Resolution Rallapalli (DIN: 03384607) who retires by
  rotation and being eligible, offers himself for re- appointment

4

5

Special Business
To consider re-appointment of Mr Hemant Sahai	Special Resolution
(DIN: 00088238) as an Independent Director
for a period of 3 (three) years from 3 August,
2023 to 2 August, 2026.
To consider ratification of remuneration to M/s	Ordinary Resolution
Chandra Wadhwa & Co. (Firm Registration
Number 000239), Cost Auditors for the financial
year 2023-24

The chairman then invited the members present, who did not cast their votes through remote e-voting, to cast their votes electronically during the AGM. He informed the members that voting on the NSDL platform would be available for next 30 minutes to enable the members to cast their votes.

On completion of the e-voting process, the meeting concluded at 1653 hours

All the resolutions proposed at the meeting were passed with requisite majority. Detailed voting results for the votes cast through remote e-votingand

electronic voting at the AGM on the resolutions as set out in the Notice of AGM are enclosed.

Annexure-B

AKZO NOBEL INDIA LIMITED
Date of 69th Annual General Meeting	3rd August,2023
Total number of shareholders on record	46,015
date(27/07/2023)
No of Share Holders Present in the Meeting either in	N.A.
Person or through Proxy
Promoters and Promoter Group	N.A.
Public	N.A.
No.of Shareholders attended the Meeting through	89
Video Confeferencing
Promoters and Promoter Group	2
Public	87

Details of Agenda :

Resolution No : 1 -Adoption of audited financial statements (standalone and consolidated) for the year ended 31 March 2023 and the Reports of the Directors and Auditors thereon.

Resolution required (Ordinary/ Special)		Ordinary
Whether Promoter/ Promoter group are interested in the		No
agenda/ resolution ?
Category		Mode of Voting	No.of shares	No.of votes	% of Votes Polled	No.of Votes -	No.of	% of Votes	% of Votes
			held	polled	on outstanding	in favour	Votes	in favour on	against on
			(1)	(2)	shares	(4)	against	votes polled	votes polled
					(3) = [(2)/(1)]*100		(5)	(6)=[(4)/(2)]	(7)=[(5)/(2)]
								*100	*100
Promoter and Promoter Group	E-Voting		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
	Poll		0	0.0000	0	0	0.0000	0.0000
	Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
	Total		34044335	34044335	100.0000	34044335	0	0.0000	0.0000
Public - Institutions	E-Voting		5407936	3946862	72.9828	3946862	0	100.0000	0.0000
	Poll		0	0.0000	0	0	0.0000	0.0000
	Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
	Total		5407936	3946862	72.9828	3946862	0	0.0000	0.0000
Public -Non Institutions	E-Voting		6088043	27296	0.4484	27292	4	99.9853	0.0147
	Poll		0	0.0000	0	0	0.0000	0.0000
	Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
	Total		6088043	27296	0.4484	27292	4	99.9853	0.0147
Total			45540314	38018493	83.4832	38018489	4	100.0000	0.0000

Resolution No : 2 - Confirm interim Dividend as declared and paid during financial year 2022-23 and declaration of final Dividend on equity shares for the year ended 31 March 2023.

Resolution required (Ordinary/ Special)		Ordinary
Whether Promoter/ Promoter group are interested in the		No
agenda/ resolution ?
Category		Mode of Voting	No.of shares	No.of votes	% of Votes Polled	No.of Votes -	No.of	% of Votes	% of Votes
			held	polled	on outstanding	in favour	Votes	in favour on	against on
			(1)	(2)	shares	(4)	against	votes polled	votes polled
					(3) = [(2)/(1)]*100		(5)	(6)=[(4)/(2)]	(7)=[(5)/(2)]
								*100	*100
Promoter and Promoter Group	E-Voting		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
	Poll			0.0000		0	0.0000	0.0000
	Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
	Total		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
Public - Institutions	E-Voting		5407936	3952306	73.0834	3952306	0	100.0000	0.0000
	Poll		0	0.0000	0	0	0.0000	0.0000
	Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
	Total		5407936	3952306	73.0834	3952306	0	100.0000	0.0000
Public -Non Institutions	E-Voting		6088043	27296	0.4484	27200	96	99.6483	0.3517
	Poll		0	0.0000	0	0	0.0000	0.0000
	Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
	Total		6088043	27296	0.4484	27200	96	99.6483	0.3517
Total			45540314	38023937	83.4951	38023841	96	99.9997	0.0003

	Resolution No : 3 - Re-appointment of Mr Krishna Rallapalli (DIN 03384607) as a Director who retires by rotation and offers himself for re-appointment.
	Resolution required (Ordinary/ Special)		Ordinary
	Whether Promoter/ Promoter group are interested in the		No
	agenda/ resolution ?
	Category		Mode of Voting	No.of shares	No.of votes	% of Votes Polled	No.of Votes -	No.of	% of Votes	% of Votes
				held	polled	on outstanding	in favour	Votes	in favour on	against on
				(1)	(2)	shares	(4)	against	votes polled	votes polled
						(3) = [(2)/(1)]*100		(5)	(6)=[(4)/(2)]	(7)=[(5)/(2)]
									*100	*100
	Promoter and Promoter Group	E-Voting		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
	Public - Institutions	E-Voting		5407936	3952306	73.0834	3943947	8359	99.7885	0.2115
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		5407936	3952306	73.0834	3943947	8359	99.7885	0.2115
	Public -Non Institutions	E-Voting		6088043	27296	0.4484	27172	124	99.5457	0.4543
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		6088043	27296	0.4484	27172	124	99.5457	0.4543
	Total			45540314	38023937	83.4951	38015454	8483	99.9777	0.0223
	Resolution No : 4 - Reappointment of Mr Hemant Sahai as an Independent Director for a period of 3 (three) years from 3 August 2023 to 2 August 2026.
	Resolution required (Ordinary/ Special)		Special
	Whether Promoter/ Promoter group are interested in the		No
	agenda/ resolution ?
	Category		Mode of Voting	No.of shares	No.of votes	% of Votes Polled	No.of Votes -	No.of	% of Votes	% of Votes
				held	polled	on outstanding	in favour	Votes	in favour on	against on
				(1)	(2)	shares	(4)	against	votes polled	votes polled
						(3) = [(2)/(1)]*100		(5)	(6)=[(4)/(2)]	(7)=[(5)/(2)]
									*100	*100
	Promoter and Promoter Group	E-Voting		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
	Public - Institutions	E-Voting		5407936	3952306	73.0834	3931482	20824	99.4731	0.5269
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		5407936	3952306	73.0834	3931482	20824	99.4731	0.5269
	Public -Non Institutions	E-Voting		6088043	27296	0.4484	26923	373	98.6335	1.3665
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		6088043	27296	0.4484	26923	373	98.6335	1.3665
	Total			45540314	38023937	83.4951	38002740	21197	99.9443	0.0557
	Resolution No : 5 - Ratification of remuneration to Cost Auditors for the year 2023-24.
	Resolution required (Ordinary/ Special)		Ordinary
	Whether Promoter/ Promoter group are interested in the		No
	agenda/ resolution ?
	Category		Mode of Voting	No.of shares	No.of votes	% of Votes Polled	No.of Votes -	No.of	% of Votes	% of Votes
				held	polled	on outstanding	in favour	Votes	in favour on	against on
				(1)	(2)	shares	(4)	against	votes polled	votes polled
						(3) = [(2)/(1)]*100		(5)	(6)=[(4)/(2)]	(7)=[(5)/(2)]
									*100	*100
	Promoter and Promoter Group	E-Voting		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		34044335	34044335	100.0000	34044335	0	100.0000	0.0000
	Public - Institutions	E-Voting		5407936	3952306	73.0834	3952306	0	100.0000	0.0000
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		5407936	3952306	73.0834	3952306	0	100.0000	0.0000
	Public -Non Institutions	E-Voting		6088043	27288	0.4482	26977	311	98.8603	1.1397
		Poll		0	0.0000	0	0	0.0000	0.0000
		Postal Ballot (if applicable)		0	0.0000	0	0	0.0000	0.0000
		Total		6088043	27288	0.4482	26977	311	98.8603	1.1397
	Total			45540314	38023929	83.4951	38023618	311	99.9992	0.0008