GMM Pfaudler : Extra Ordinary Meeting

GMM/SEC/2022-23/40	September 02, 2022
To,
BSE Ltd	NSE Ltd
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1, Block G,
1st Floor, Dalal Street,	Bandra Kurla Complex, Bandra (E)
Mumbai - 400 001	Mumbai - 400 051
Scrip Code: 505255	Symbol: GMMPFAUDLR

Sub.: Summary of proceedings of the Extraordinary General Meeting of the Members of GMM Pfaudler Limited ("Company") held on September 01, 2022

Dear Sir/ Ma'am,

In terms of Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), a summary of the proceedings of the Extraordinary General Meeting ("EGM") of the Company held on Thursday, September 01, 2022 at 03:00 p.m. (IST) through Video Conferencing ("VC") / Other AudioVisual Means ("OAVM") to transact business mentioned in the notice of the EGM dated August 4, 2022 ("EGM Notice") read with corrigendum to the EGM Notice dated August 12, 2022 is enclosed for your reference.

This is for your information and record.

Thanking you.

Yours faithfully,

For GMM Pfaudler Limited

MITTAL KARTIK MEHTA

Digitally signed by

MITTAL KARTIK MEHTA Date: 2022.09.02 14:57:42 +05'30'

Mittal Mehta

Company Secretary & Compliance Officer

FCS No.: 7848

Encl.: As above

GMM Pfaudler Ltd.

Corporate Office: 902 VIOS Tower, New Cuffe Parade, Sewri-Chembur Rd, Mumbai 400037

Registered Office & Works: Vithal Udyognagar, Anand - Sojitra Road, Karamsad - 388325

1. [phone] | F: [phone] | CIN: L29199GJ1962PLC001171

1. www.gmmpfaudler.com | E: [e-mail]

Summary of the proceedings of Extraordinary General Meeting of the Company

The (01/2022-23) Extraordinary General Meeting ("EGM") of the Members of GMM Pfaudler Limited ("Company") was held on September 01, 2022 through Video Conferencing ("VC")/ Other Audio Visual Means("OAVM") organized by the Company at 03:00 p.m. (IST) to transact business mentioned in the Notice of the EGM dated August 04, 2022 ("EGM Notice") read with corrigendum to the EGM Notice dated August 12, 2022. Dr. S. Sivaram (Non-executive Independent Director), Chairman of the Company, chaired the EGM. The EGM concluded at 03:22 p.m. (IST).

The following directors/executives of the Company were present at the EGM:

Dr. S. Sivaram	: Non-Executive Independent Director, Chairman
Mr. Prakash Apte	:	Non-Executive Independent Director
Ms. Bhawana Mishra	:	Non-Executive Independent Director
Mr. Vivek Bhatia	:	Non-Executive Independent Director
Mr. Ashok Patel	:	Non-Executive Director
Mr. Harsh Gupta	:	Non-Executive Director
Mr. Tarak Patel	:	Managing Director
Mr. Manish Poddar	:	Chief Financial Officer
Ms. Mittal Mehta	: Company Secretary & Compliance Officer

Further, the Company had provided remote e-voting facilities in accordance with Section 108 of the Companies Act, 2013 ("Act") read with Rule 20 and Rule 21 of the Companies (Management and Administration) Rules, 2014 as amended from time to time and Regulation 44(1) of the SEBI Regulations to vote on the resolutions as per the EGM Notice. The e-voting lines remained opened during the period from Friday, August 26, 2022 at 09:00 a.m. (IST) and concluded on Wednesday, August 31, 2022 at 05:00 p.m. (IST). Further, to enable those Members who could not vote through remote e-voting,e-voting facility was also provided during the proceedings of EGM on the following resolutions:

Resolution	Particulars	Manner of approval
No.
1	Approval for loans/ investments/ corporate guarantees by the	Special Resolution
	Company in excess of the limits prescribed under the
	Companies Act, 2013
2	Approval for borrowings by the Company in excess of the limits	Special Resolution
	prescribed under the Companies Act, 2013
3	Approval for creation of security in respect of an undertaking	Special Resolution
	of the Company under Section 180(1)(a) of the Companies Act,
	2013
4	Approval of the further acquisition of balance shareholding of	Ordinary Resolution
	GMM International S.à.r.l

GMM Pfaudler Ltd.

Corporate Office: 902 VIOS Tower, New Cuffe Parade, Sewri-Chembur Rd, Mumbai 400037

Registered Office & Works: Vithal Udyognagar, Anand - Sojitra Road, Karamsad - 388325

1. [phone] | F: [phone] | CIN: L29199GJ1962PLC001171

1. www.gmmpfaudler.com | E: [e-mail]

Resolution	Particulars	Manner of approval
No.
5	Approval for creation of pledge by the Company in respect of	Special Resolution
	its additional shareholding in GMM International S.à.r.l
6	Approval to create, offer and issue equity shares on	Special Resolution
	preferential basis to Millars Concrete Technologies Private
	Limited and matters related therewith

The Company appointed Mr. Jayesh Shah, Partner of M/s. Rathi & Associates, Practising Company Secretaries as scrutinizer to supervise the remote e-voting and voting process during the proceedings of the meeting in a fair and transparent manner.

The voting results in accordance with provisions of the SEBI Regulations on the above-mentioned resolutions shall be communicated to the Stock Exchanges within 48 hours from the conclusion of the EGM. In addition to the same, the voting results shall also be placed on the website of the Company and Link Intime India Private Limited (E-voting agency).

For GMM Pfaudler Limited

MITTAL KARTIK MEHTA

Digitally signed by

MITTAL KARTIK MEHTA Date: 2022.09.02 15:13:21 +05'30'

Mittal Mehta

Company Secretary & Compliance Officer

FCS No.: 7848

GMM Pfaudler Ltd.

Corporate Office: 902 VIOS Tower, New Cuffe Parade, Sewri-Chembur Rd, Mumbai 400037

Registered Office & Works: Vithal Udyognagar, Anand - Sojitra Road, Karamsad - 388325

1. [phone] | F: [phone] | CIN: L29199GJ1962PLC001171

1. www.gmmpfaudler.com | E: [e-mail]