Dalmia Bharat Sugar and Industries : DBSIL Voting Results and Scutinizer Report AGM 2017

DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED

(Registered Office: Dalmiapuram - 621 651,Distt. Tiruchirapalli,Tamil Nadu) CIN L26942TN1951PLC000640; Phon No. 04329-235132 Fax No. 04329-235111

Email:[e-mail]; website: www.dalmiasugar.com

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RESULT OF THE E-VOTING AND POLL HELD AT THE ANNUAL GENERAL MEETING HELD ON AUGUST 31,2017

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Item No.	Particulars of Resolution	E-Voting & Poll results
VOTES IN FAVOUR		/ VOTES AGAINST		VOTES ABSTAIN	RESULT
No of votes polled	I %to total votes polled	I No. of votes polled	I %to total votes polled	I No. of votes polled
l.	IOrdinary Resolution to adopt the Standalone and Consolidated Audited Financial Statements of the Company for thefinancial year 2016-17.	61779467	100	Nil	Nil	Resolution carried unanimously
2.	IOrdinary Resolution to declare dividend of Rs.2/- (100%) per equity share of Rs. 2/- each.	61779467	100	Nil	Nil	Resolution carried unanimously
3.	IOrdinary Resolution to appoint a Director in place of Shri T. Venkatesan, who retires by rotation and iseligible for re­ appointment .	61779467	100	Nil	Nil	Resolution carried unanimously
4.	I Ordinary Resolution to appoint NSBP& Co., Chartered Accountants as the Statutory Auditors of the Company for		Nil		Resolution carried unanimously
the period of 5 consecutive years from 61779467theconclusion of this Annual General Meeting till the conclusion of next sixth Annual General Meeting.
						100 Nil
					'lq.,.,,.

..

Dalmia Bharat Sugar and Industries Limited 2

1. Approval of remuneration of M/s HMVN

   & Associates, Cost Auditors of the Company for the financial year 2017-18.

   61779467 100 Nil Nil Resolution carried unanimously

2. Special Resolution to approve the payment of remuneration including commission, salary and perquisites upto 5% of net profits to Shri Jai Hari Dalmia, Managing Director designated as Vice Chairman, for the financial year 2016-17 as against upto 3% of net profits approved by the shareholders in their meeting held on August 30, 2014.

1. I Special Resolution to approve the payment of remuneration including commission, salary and perquisites upto 5% of net profits to Shri Gautam Dalmia, Managing Director, for the period from April 1, 2016 till January 15, 2017 as against upto 3% of net profits as approved by the shareholders in their meeting held on August 30, 2014.

   52132732

   52299377

   100

   100

   Nil

   Nil

   Nil

   Nil

   9646735

   9480090

   Resolution carried unanimously

   Resolution carried unanimously

2. I Special Resolution to approve the revision in remuneration of Shri Jai Hari Dalmia, Managing Director designated as the Vice Chairman of the Company, with effect from April 1, 2017, as set out in the deed of variation dated June 15, 2017 to the agreement date August 10, 2016 entered into between the Company and Shri Jai Hari Dalmia.

51245972

98.30

886760 1.70

9646735

Resolution carried with requisite majority

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Dalmia Bharat Sugar and Industries Limited 3

9.

Special Resolution to approve the revision in remuneration of Shri Gautam Dalmia, Managing Director of the Company, with effect from April 1, 2017, as set out in the deed of variation dated June 15, 2017 to the agreement date August 10, 2016 entered into between the Company and Shri Gautam Dalmia.

51412614

98.30

886763

1.70

9480090

Resolution carried with requisite majority

Note:

1. The above results have been compiled on the basis of the report submitted by Mr. Harish Khurana, the practicing Company Secretary, the Scrutinizer.

2. The votes in favour/against shown above excludes invalid and Abstained votes.

For Dalmia Bharat Sugar and Industries Limited

Place: Dalmiapuram Dated: August 31,2017