Tata Metaliks : Proceedings of Annual General Meeting, voting results and Scrutinizer report Download

TML: 4353: 2022

The Secretary, Listing Department BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street,

Mumbai - 400 001.

Maharashtra, India.

Scrip Code: 513434

Dear Madam, Sirs,

Date: August 03, 2022

The Manager, Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1,

G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Maharashtra, India

Symbol: TATAMETALI

Sub: Summary of Proceedings and Voting Results of the 32nd Annual General Meeting

('AGM') of Tata Metaliks Limited ('the Company')

In view of the ongoing COVID-19 pandemic and pursuant to General Circular No. 14/2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020, General Circular No. 20/2020 dated May 5, 2020, General Circular No. 02/2021 dated January 13, 2021, General Circular No. 21/2021 dated December 14, 2021 and all other relevant circulars issued by the Ministry of Corporate Affairs (collectively referred to as 'MCA Circulars') and the Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020, SEBI/HO/CFD/ CMD2/CIR/P/2021/11 dated January 15, 2021 and SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13, 2022 issued by the Securities and Exchange Board of India (referred to as SEBI Circulars) and in compliance with other applicable provisions of the Companies Act, 2013 ('Act') and the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Regulations'), the 32nd AGM of the Company was held on Tuesday, August 02, 2022 at 3.00 p.m. (IST) through two-way Video Conference ('VC')/Other Audio Visual Means ('OAVM'), without the physical presence of its Members at a common venue, to transact the business as stated in the AGM Notice dated April 22, 2022 ('Notice'). All the items of business contained in the Notice were transacted and passed by the Members with requisite majority. The Company also facilitated the live webcast of the proceedings.

In this regard, please find enclosed the following:

1) Summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule III of the Listing Regulations, as amended - Annexure A

2) Combined voting results of remote e-voting and e-voting conducted during the AGM, in relation to the business transacted at the AGM, as required under Regulation 44(3) of the Listing Regulations, as amended - Annexure B

METALIKS LIMITED

Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India

Tel [phone] Fax [phone] e-mail: [e-mail]

CIN L27310WB1990PLC050000

1. The Scrutinizer's Report dated August 02, 2022, pursuant to Section 108 of the Act, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, each as amended -

Annexure C

The AGM concluded at 5:30 p.m. (IST).

The voting results along with the Scrutinizer's Report is available on the Company's website at www.tatametaliks.comand is also being made available on the website of the National Securities Depository Limited at www.evoting.nsdl.com

This is for your information and record.

Yours faithfully,

Tata Metaliks Limited

CompanyAvishek GhoshSecretary and Compliance Officer

Encl.: as above

METALIKS LIMITED

Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India

Tel [phone] Fax [phone] e-mail: [e-mail]

CIN L27310WB1990PLC050000

ANNEXURE A

Summary of proceedings of the 32nd Annual General Meeting ('AGM/Meeting')

The 32nd AGM of the Members of Tata Metaliks Limited ('the Company') was held on Tuesday, August 02, 2022 at 3.00 p.m. (IST) through two-way Video Conferencing ('VC')/Other AudioVisual Means ('OAVM'). The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ('MCA') and the Securities and Exchange Board of India ('SEBI').

Mr. Avishek Ghosh, Company Secretary and Compliance officer, welcomed the Members to the Meeting and briefed them on details relating to their participation at the Meeting through audio-visual means.

Mr. Koushik Chatterjee, Chairman of the Board, chaired the Meeting. The Chairman welcomed the Members to the Meeting and on requisite quorum being present, called the Meeting to order.

All the Directors of the Company were present at the Meeting through VC from their respective locations.

The Chairman welcomed the Directors and requested them to introduce themselves to the Members. He then welcomed the Union representatives of the Company, who were attending the Meeting through VC.

The Chairman thereafter informed the Members that, representatives of Price Waterhouse & Co Chartered Accountants LLP, Statutory Auditors, Mr. Kunal Banerjee, representing Messrs Shome & Banerjee, Cost Auditors of the Company and Mr. P. V. Subramanian, Secretarial Auditor and Scrutinizer for the remote e-voting and the e-voting during the proceedings of the AGM, were also present at the Meeting through VC.

The Chairman further informed the Members that the proceedings of the Meeting were also being webcast and could be viewed live by Members by logging on to the website of the National Securities Depository Limited (NSDL). The Company had taken the requisite steps to enable Members to participate and vote on the items being considered at the AGM.

The details of authorized representations received from corporate shareholders were informed to the Members. Since there was no physical attendance of Members and in compliance with the Circulars issued by the MCA and SEBI, Members were informed that the requirement of appointing proxies was not applicable. Further, the Registers as required under the Companies Act, 2013 were available for inspection in electronic mode, should any Member request for the same.

The Chairman then made his opening remarks and briefed the Members with respect to the macro-environment, industry trends including market situation and volatility in raw material

METALIKS LIMITED

Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India

Tel [phone] Fax [phone] e-mail: [e-mail]

CIN L27310WB1990PLC050000

and finished goods prices. He further gave a brief of the company's overall performance during FY2021-22 and the overall outlook for FY2022-23.

With the consent of the Members present, the Notice convening the AGM and the Auditor's Report for the financial year ended March 31, 2022 were taken as read. There were no qualifications, observations or adverse remarks in the reports of the Statutory Auditor and Secretarial Auditor.

Thereafter, Mr. Sandeep Kumar, Managing Director of the Company made a presentation on the operational and financial performance of the Company for the Financial Year 2021-22.

In terms of the Notice dated April 22, 2022 convening the 32nd AGM of the Company, the following business was transacted at the Meeting through remote e-voting.

Sl.	Resolution	Type of
Resolution
	Adoption of the Audited Financial Statements of the Company for the Financial
1	Ordinary
Year ended March 31, 2022 together with the Reports of the Board of Directors
	and the Auditors thereon.
2	forDeclarationthe financialof dividendyear endedof MarchRs. 8/-31,2022per Equity.	Share of face value of Rs. 10/- each	Ordinary
3	Re-appointment of Ms. Samita Shah (DIN: 02350176), as Director, who retires by	Ordinary
rotation in terms of Section 152(6) of the Companies Act, 2013 and, being
	eligible, seeks re-appointment.
	Re-appointment of Messrs Price Waterhouse & Co Chartered Accountants LLP,
4	Chartered Accountants (Firm Registration No. 304026E/ E300009) as Statutory	Ordinary
Auditors of the Company to hold office for a second term commencing from
	conclusion of this AGM till conclusion of the 37thAGM of the Company to be held
	in the year 2027.
5	Approval for Material Related Party Transaction(s) with Tata Steel Limited for	Ordinary
various transactions during FY 2022-23
6	Approval for Material Related Party Transaction(s) with T S Global Procurement	Ordinary
Company Pte. Ltd. for purchase of bulk coal/ coke during FY 2022-23
7	Ratification of remuneration payable to Messrs. Shome & Banerjee, Cost	Ordinary
Accountants (Firm Registration No.000001), Cost Auditors of the Company, for
	the financial year ending March 31,2023.
Members who attended the Meeting were given an opportunity to ask questions and seek
clarification(s). The Chairman appropriately responded to the questions raised by them.
Post the question-and-answer session, the Chairman authorized Mr. Avishek Ghosh, Company
Secretary and Compliance officer, to carry out the e-voting process and conclude the Meeting.
The Chairman further informed the Members that the consolidated voting results will be
disseminated to the Stock Exchanges on which the Company's shares are listed and will also be
made available on the website of the Company at https://www.tatametaliks.comand NSDL at
[e-mail] 48 hours from the conclusion of the Meeting.

METALIKS LIMITED

Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India

Tel [phone] Fax [phone] e-mail: [e-mail]

CIN L27310WB1990PLC050000

The Chairman then thanked the Members for their continued support and for attending and participating in the Meeting. He also thanked the Directors for joining the Meeting virtually. The e-voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. Upon completion of the e-voting process, Mr. Ghosh declared the Meeting as closed. Post the conclusion of the remote e-voting, the Scrutinizer's report was received.

All the Resolutions have been passed with requisite majority.

This is for your information and records.

Thanking you.

Tata Metaliks Limited

CompanyAvishek GhoshSecretary and Compliance Officer

(ACS No: 44347)

METALIKS LIMITED

Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India

Tel [phone] Fax [phone] e-mail: [e-mail]

CIN L27310WB1990PLC050000