Sudarshan Chemical Industries : Submission of Voting Results and Scrutinizers Report for 72nd AGM

12th August, 2023
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1, Block G,
Dalal Street,	Bandra Kurla Complex,
Mumbai - 400 001	Bandra (East), Mumbai - 400 051
Scrip Code - 506655	Scrip Symbol - SUDARSCHEM
Scrip Code NCDs - 974058
Dear Sir / Madam,
Sub: Submission of Voting	Results and Scrutinizer's Report for the

72nd Annual General Meeting as per Regulation 44 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to the provisions of Regulation 44 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and as per Section 108 of the Companies Act, 2013, and Rules made thereunder, we hereby submit details regarding the voting results of the business(es) transacted at the 72nd Annual General Meeting of the Company in the prescribed format, along with Scrutinizer's Report furnished on status of the said Voting Results.

Please find enclosed herewith the Voting Results of the business(es) transacted at the 72nd Annual General Meeting as Annexure A.

We have also enclosed Scrutinizer's Report on the Voting Results of the business(es) transacted at the 72nd Annual General Meeting as Annexure B.

Following items of business were transacted at the 72nd Annual General Meeting held on

11th August, 2023, and all resolutions were passed with requisite majority:

ORDINARY BUSINESS:

1. Adoption of Stand-alone and Consolidated Financial Statements of the Company for the Year ended 31st March, 2023 together with the report of the Board of Directors and Auditors thereon. (Ordinary Resolution)
2. Declaration of Final Dividend of ₹1.50/- per Equity Share of face value of ₹2.00/- each per Equity Share (75%) for the Financial Year ended 31st March, 2023.
   (Ordinary Resolution)

Sudarshan Chemical Industries Limited

Registered Office:

7th Floor, Eleven West Panchshil, Survey No. 25,

Near PAN Card Club Road, Baner, Pune - 411 045,

Maharashtra, India

Tel. No.: [phone]

Email: [e-mail]

www.sudarshan.com

Corporate Identity No.: L24119PN1951PLC008409

3. Appointment of Mr. Ashish Vij, Wholetime Director (DIN: 08140194), who retires by rotation and being eligible, offers himself for re-appointment.(Ordinary Resolution)

SPECIAL BUSINESS:

1. Ratification for payment of remuneration to Mrs. Ashwini Kedar Joshi, Cost Auditor (Sole Proprietor) (Registration No.: 102387) for FY 2023-24 to conduct Audit of Cost Records of the Company. (Ordinary Resolution)
2. Re-appointmentof Mr. Rajesh Rathi (DIN: 00018628) as the Managing Director, for a further period of 5 (five) years commencing from 1st June, 2023 and ending on 31st May, 2028 upon the terms and conditions as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors.
   (Ordinary Resolution)
3. Re-appointmentof Mr. Ashish Vij (DIN: 08140194) as the Wholetime Director with the designation "Executive Director & Vice President - Operations", for a further period of 5 (five) years commencing from 24th May, 2023 and ending on 23rd May, 2028 upon the terms and conditions as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors.
   (Ordinary Resolution)
4. Ratification and Confirmation of Remuneration paid to Mr. Rajesh Rathi (DIN: 00018628) Managing Director of the Company for the Financial Year 2022-23.
   (Special Resolution)
5. Payment of remuneration to Mr. Rajesh Rathi (DIN: 00018628), Managing Director

as 'Minimum Remuneration' in case of no profits/inadequacy of profits for FY 2023-24 notwithstanding that the remuneration payable to Mr. Rajesh Rathi exceeds the limits prescribed under the provisions of Section 197 read with Schedule V of the Act and Regulation 17(6)(e) of SEBI Listing Regulations, 2015.

(Special Resolution)

9. Re-appointment of Mr. Naresh T. Raisinghani (DIN:00568298) as an Independent Director of the Company not liable to retire by rotation, and to hold office for a second term of five consecutive years with effect from 24th May, 2023 up to 23rd May 2028. (Special Resolution)

Sudarshan Chemical Industries Limited

Registered Office:

7th Floor, Eleven West Panchshil, Survey No. 25,

Near PAN Card Club Road, Baner, Pune - 411 045,

Maharashtra, India

Tel. No.: [phone]

Email: [e-mail]

www.sudarshan.com

Corporate Identity No.: L24119PN1951PLC008409

10. Re-appointment of Dr. Deepak Parikh (DIN: 06504537) as an Independent Director of the Company not liable to retire by rotation, and to hold office for a second term of five consecutive years with effect from 1st April, 2024 up to 31st March, 2029.

(Special Resolution)

Kindly take the same on record.

Thanking You,

Yours faithfully,

For SUDARSHAN CHEMICAL INDUSTRIES LIMITED

Mandar Meenanath Velankar

Digitally signed by Mandar Meenanath Velankar Date: 2023.08.12 22:05:59 +05'30'

MANDAR VELANKAR

GENERAL COUNSEL & COMPANY SECRETARY

Sudarshan Chemical Industries Limited

Registered Office:

7th Floor, Eleven West Panchshil, Survey No. 25,

Near PAN Card Club Road, Baner, Pune - 411 045,

Maharashtra, India

Tel. No.: [phone]

Email: [e-mail]

www.sudarshan.com

Corporate Identity No.: L24119PN1951PLC008409

Annexure A

Voting results

Record date

Total number of shareholders on record date

04‐08‐2023

66267

No. of shareholders present in the meeting either in person or through proxy

1. Promoters and Promoter group
2. Public

No. of shareholders attended the meeting through video conferencing

1. Promoters and Promoter group
2. Public

No. of resolution passed in the meeting

0

0

7

50

10

Resolution (1)

	Resolution required: (Ordinary / Special)			Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?			No
				To receive, consider and adopt the audited standalone and consolidated financial statements
		Description of resolution considered
		of the Company for the Financial Year ended 31st March, 2023 together with the Report of the
					Board of Directors and the Auditors thereon
Category	Mode of voting	No. of shares held	No. of votes	% of Votes polled	No. of votes - in	No. of votes -	% of votes in	% of Votes
polled	on outstanding	favour	against	favour on votes	against on votes
			shares	polled	polled
		(1)	(2)	(3)=[(2)/(1)]*100	(4)	(5)		(6)=[(4)/(2)]*100	(7)=[(5)/(2)]*100
	E‐Voting		24799042	100.0000	24799042	0		100.0000	0.0000
Promoter and	Poll	24799042	0	0.0000	0	0		0	0
Promoter Group	Postal Ballot (if applicable)		0	0.0000	0	0		0	0
	Total	24799042	24799042	100.0000	24799042	0		100.0000	0.0000
	E‐Voting		9460934	74.1118	9460934	0		100.0000	0.0000
Public‐	Poll	12765751	0	0.0000	0	0		0	0
Institutions	Postal Ballot (if applicable)		0	0.0000	0	0		0	0
	Total	12765751	9460934	74.1118	9460934	0		100.0000	0.0000
	E‐Voting		11431488	36.1042	11431003	485		99.9958	0.0042
Public‐ Non	Poll	31662457	0	0.0000	0	0		0	0
Institutions	Postal Ballot (if applicable)		0	0.0000	0	0		0	0
	Total	31662457	11431488	36.1042	11431003	485		99.9958	0.0042
Total	Total	69227250	45691464	66.0021	45690979	485		99.9989	0.0011
					Whether resolution is Pass or Not.	Yes