• Maheshwari Logistics Limited SYMBOL: MAHESHWARI ISIN: INE263W01010

Date: 01.10.2020

To The Manager-Listing Department The National Stock Exchange of India Limited Exchange Plaza, NSE Building, Sandra kurla Complex, Sandra East, Mumbai-400051,

Moving Every Mile With A Smile

Sub: Submission of Voting Results and Scrutinizers Report of the 14th Annual General Meeting of the Company held on 30th September, 2020.

Dear Sir/ Madam,

Pursuant to the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby submit the Voting Results and Scrutinizers Report of the 14th Annual General Meeting of the Company on Wednesday, September 30, 2020 at 2 :00 p .m. through electronic mode (video conference or other audio-visual means) and concluded at 2:25 p.m.

You are requested to take on record the above.

Thanking You,

Yours faithfully,

For Maheshwari Logistics Limited

For MAHESHWARI LOGISTICS LTD.

SUPPLIERS OF ALL TYPE OF COAL, COKE, LIGNITE, KRAFT PAPER 8t DUPLEX BOARD, FLEET OWNERS 8t TRANPORTS CONTRACTORS

MLL House, Shed No. A2-3/2, Opp. UPL, lSt Phase, GIDC, Vapi-396 195 (Guj.) Phone: +91 260 2431024 Fax: 2427024

E-mail : info@mlpl.biz Web : www.mlpl.biz CIN : L60232GJ2006PLC049224

Voting Results of 14th Annual General Meeting of Maheshwari Logistics Limited

A) DETAILS OF PROCEEDINGS OF MEETING

Date of AGM September 30, 2020

Total number of Shareholders as on 3551 (Cutoff date September 23, record date 2020.}

No. of Shareholders present in the meeting through video Conference:

Promoters and Promoters Group: 12

Public: 14

No. of Shareholders who attended the Meeting through Video Conferencing

Promoters and Promoters Group: 12

Public: 14

No.

1.

2.

3.

4.

B) RESULT OF THE MEETING Resoluti

on Require

Agenda d (Ordinar y/Speci

al) To receive, consider and adopt Ordinary the Audited financial statements (including audited consolidated financial Statements) of the company for the financial year ended 31st March, 2020 which includes the Balance Sheet, statement of profit & Loss, cash flow statement as at the date, the Auditor's Report and Board's Report thereon. To appoint Mr. Vipul Vashi, who Ordinary retires by rotation and being eligible, offers himself for re-appointment as a Director of the company. To increase the Authorised Ordinary Share Capital of the Company and make consequent alteration in Clause V of the Memorandum of Association: To consider and approve the Ordinary issuance of Bonus Shares

Mode of Voting

Remote e-voting and E-Voting at AGM

Remote e-voting and E-Voting at AGM

Remote e-voting and E-Voting at AGM

Remote e-voting and E-Voting at AGM

Remarks

Resolution Passed with requisite majority

Passed with requisite majority

Passed with requisite majority

Passed with requisite majority

C) RESOLUTION WISE VOTING RESULT

Resolution No. 1: Ordinary Resolution:

To receive, consider and adopt the Audited financial statements (including audited consolidated financial Statements) of the company for the financial year ended 31•t March, 2020 which includes the Balance Sheet, statement of profit & Loss, cash flow statement as at the date, the Auditor's Report and Board's Re ort thereon.

-Particula Number of Members Number of votes cast by Percentage rs voted them of total

valid Votes cast

Remote E- Total Remote E- Total e-voting voting e-voting votin

atAGM g at AGM - - - - -- -

Total 39 - 39 1050759 - 10507594 -Votes 4 Received Valid 39 - 39 1050759 - 10507594 100% Votes in 4 Favour Valid - - - - - - -Votes Aa:ainst Invalid - - - - - - -Votes

Resolution No. 2-0rdinary Resolution.

To appoint Mr. Vipul Vashi, who retires by rotation and being eligible, offers himself for re-a ointment as a Director of the comp_any.

Particula Number of Members Number of votes cast by Percentage rs voted them of total

valid Votes cast

Remote E- Tot Remote E- Total e-voting voting al e-voting voting

atAGM at AGM

Total 39 - 39 1050759 - 1050759 -Votes 4 4 Received Valid 36 - 36 1046858 - 1046858 99.999%

Votes in 4 4 Favour Valid 1 - 1 10 - 10 0 .001%

Votes AJ!ainst Invalid 2 - 2 *39000 - 39000 -

Votes

*Voting done by any Interested Related Party /Relatives are excluded and treated as invalid.

Resolution No. 3- Ordinary Resolution.

To increase the Authorised Share Capital of the Company and make conse uent alteration in Clause V of the Memorandum of Association:

Particula Number of Members Number of votes cast by Percentage rs voted them of total

valid Votes cast

Remote E- Tot Remote E- Total e-voting voting al e-voting voting

atAGM at AGM

Total 39 - 39 1050759 - 1050759 -Votes 4 4 Received Valid 38 - 38 1050758 - 1050758 99.999%

Votes in 4 4 Favour Valid 1 - 1 10 - 10 0.001%

Votes AR:ainst Invalid - - - - - - -

Votes

Resolution No. 4-0rdinary Resolution.

I To consider and approve the issuance of Bonus Shares

Particula Number of Members Number of votes cast by Percentage rs voted them of total

valid Votes cast

Remote E- Tota Remote E- Total e-voting voting I e-voting votin

atAGM g at AGM

Total 40 - 40 1050764 - 10507644 -Votes 4 Rec~ived

Valid 39 - 39 1050763 - 10507634 99.999% Votes in 4 Favour Valid 1 - 1 10 - 10 0.001%

Votes Ai!:ainst Invalid - - - - - - -

Votes

* Figures in percentage terms wherever appearing in fraction have been rounded off.

For Maheshwari Lo«istics Limited For MAHESHWARI LOGISTICS LTD.

~orlsed Signatory Vin~ Maheshwari Chairman DIN: 0 1680099

Shilpi Thapar & Associates Compa11) St·n«tanc,

MGT-1 3

Consolidated Report of Scrutinizer on remote e-voting and e-voting during

)4th Annual General Meeting CAGM) of M/s Moheshwari Logistics Limited

(Pursuant to section 108 of the Companies Act, 201 3 and rule 20 ot the

Companies (Management and Administration) Rules, 2014 and amendment

thereof]

To,

THE CHAIRMAN

MAHESHWARI LOGISTICS LIMITED

l60232GJ2006PLC049224

MLL HOUSE, SHED NO. A2-3/2,

OPP. UPL lST PHASE,

GIOC VAPI,

VALSAD - 3961950.

Dear Sir,

Date: 30th September, 2020

Re: 14th AGM of the Shareholders of Maheshwari Logistics . limited held o n

Wednesday, September 30, 2020 at 02:00 pm through Video Conferencing/

Other Audio Visual Means ('VC I OAVM')

I, CS Shilpi Thapar, of M/s. Shilpi Thapar & Associa tes , Practising Company

~ecretaries, having office at 407-B, Pinnacle Business Park, Prahladnc.~iar

Corporate Road, Prahladnagar, S.G H.ighway, Ahmeda bad- 380051 hod beet•

appointed as Sc rutinizer by the Board of Directors o f M/s Ma heshwari Logistics

407-8, Pinnacle Business Park, Prahtadnagar Corporate Road, Off S. G. Highway, Prahladnagar, Ahmedabad-380051, Gujarat, India.

Tel./Fax Number: +91·79-40047878, £mail: office.shilpithapar@gmail.com,

shilpi@shilpithapar.com, Web: www.shilpithapar.com ..... ...::: _____ _

.SHILPI THAPAR & ASSOCIATES

COMPANY SECRETARIES CONTINUATION ">HEE'l

CIN: L60232GJ2006PLC049224

Limited (herein after referred to as "the Company") having its registered office at

MLL HOUSE, SHED NO. A2-3/2, OPP. UPL lST PHASE, GIDC VAPI Valsad - 3961950

pursuant to the Regulation 44 of SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 and provisions of Section 108 and 109 of the

Companies Act. 2013 read with Rule 20 and 21 (2) of .the Companies

(Management and Administration) Rules, 20 14 as amended time to time to

scrutinize the remote e-voting process in respect o f the below mentioned

resolutions proposed at the l 41h AGM of the Shareholders of the Company. ~eld

on Wednesday, September 30, 2020 at 02:00 pm through Video Conferencing

(VC) I Other Audio Visual Means (OAVM) without the physical pre:;ence of the

Members (also referred as " Shareholders") at a common venue. The notice

dated 41h September, 2020 convening the Annual General Meeting of the

Company was sent to the shareholders.

In view of the massive outbreak of COVID-19 pandemic, the Ministry of

Corporate Affairs ("MCA") circular dated May 05, 2020 read w ith c irculars dated

April 08, 2020 and April 13, 2020 (collectively referred to as ''MCA Circulars") and

Securities and Exchange Board of India ("SEBI") circ ular dated May 12, 2020

("SEBI Circular") permitted the holding of the AGM through VC / OAVM, without

the physical presence of the Members. Further in compliance with the oforesaid

MCA Circulars and SEBI Circular, notice of the AGM a long with the Arnual

Report for FY 2019-20 was sent only through electronic mode to those Members

whose name appeared in the Register of Members/ Benef 1cial Owner~ maintained by the Depositories as on benpos date i.e. 41h September,2020, and

whose email addresses are registered with the Company/ Depositones. The

Notice and Annual Report for FY 2019-20 was also made availab le on website of

the Company, i.e.www.mlpl.biz.

SHILPI THAPAR & ASSOCIATES

COMP ANY SECRET ARIES CONTINUA'! ION SI II!ET

CIN: L60232GJ2006PLC049224

Since the AGM was held pursuant to MCA circulars through VC / OAVM

physical attendance of members were dispensed w ith . Accordingly. in terrrs of

obove mentioned MCA and SEBI circulars, the facility for appointment of proxiE:~s by members were dispensed with.

Members attended the meeting through VC I OAVM had been counted for the

purpose of reckoning the quorum under Section 103 of the Companies Acf20 l 3 ("the Act").

The compliance of the provisions of the Companies Ac t, 20 l. 3 and the Rules

made thereunder relating to voting through electronic means (by remote e-

voting before and during AGM) by the shareholders on the resolut ions proposed

to be passed at the 14m Annual General Meeting o f the Company is the

responsibility of the Management of the Company. Our responsib ility as o

scrutinizer is to ensure that the voting process both lhrough electronic i-neons

before and during meeting are cond.ucted in a fair and transparent monne1

and to provide a c onsolidated Sc rutinizer's Report ot thP. votes cast "in tovov1"

or "Against" the resolutions to the Chairman or any Director of the Cornpony

authorised by tho chairman, based on the repor1s generated from the remote

e-voting system of National Securities Depository Limited (f\JSDL) .

I hereby submit my report as under:

1. The Company had provided the remote e-voting facility through Na t;onol

Securities Depository Limited (NSDL) to its Members hold ing shares of the

company as on the cut-off date i.e. Wednesday, Sep tember 23 , 2020 to

exercise their right to vote by electronic means on any or a ll of the businesse;

specified in the Notice of l 41h AGM . .

SHILPI THAPAR & ASSOCIATES

COMPANY SECRf:TARIES CONTINUATION Slifer CIN: L60232GJ2006PLC049224

2. In accordance with the Notice of l 41h AGM sent to the Members, the voting

through remote e-voting was c ommenced on Sunday, September 27, 2020

at 9:00 . am and ended on Tuesday, September 29, 2020 at 5:00 pm

Thereafter, e-voting module was disabled b y the NSDL.

3. The facility of e-voting during AGM through VC I OAVM was provided by NSDL.

4. The shareholders who were present 9t the AGM through VC/ OAVM ond whu

had not voted on remote e-voting were allowed to c ast their votes lhrough e-voting system during the AGM.

5. We have scrutinized and reviewed 1he Remote e-voting and E-voting

tendered during AGM based on the da ta downloaded from tho e-voting system of NSDL.

6. After the closure of e-voting dunng AGM. the votes casted through remote e-

voting before AGM and through e-voting during AGM were unbloc:ked from

the website of the NSDL(www.evoting.nsdl.com) in the presence of CS Pinko!

Jagad and CS Priyanshi Jain on Wednesday, September 30, 2020 at 2:52 pm,

who are not the employees of the Company and lhey have signed below in

confirmation o f the votes being unblocked in their presence.

~· Name : CS Pinkal Jagad

Name :CS Priyanshi Jain

SHILPI THAPAR & ASSOCIATES

COMP ANY SECRET ARIES

CIN: L60232GJ2006PLC049224 CONTINUATION SHH~T

7. Based on the result made available to me, 40 Members have casted their vote

on the e-voting platform before the Annual General Meeting and no Members

have casted their vote during the Annual General Meeting through e-voting

platform. We hereby annex the Consolidated voting results pursuant to Rule

20(4) (xii) of the Companies (Management and Administration) Rules, 20 l 4 as

amended time to time on all the resolutions combined in the Notice of aforesaid

Annual General Meeting. All the resolutions no. l to 4 as stated in the Notice

have been passed with requisite majority.

All relevant records of remote e-voting will remain in my safe custody until the

Chairman considers, approves and signs the Minutes of the J 4tt1 Annual General

Meeting and the same shall be handed over thereafter to the Chairman for safe-keeping.·

Yours faithfully,

Date: 30.09 .2020

Place: Ahmedobad

Countersigned by-

~~::~~~;~r~~-LTD. Au~horised Sl9natory

Chairman of the Meeting

Maheshwari Logistics Ltd

For Shilpi Thapar & Associates,

CS Shilpi Thapar

(COP No. 6 779)

ICSI UDIN No:F005492B000830173

SHILPI THAP AR & ASSOCIATES

COMP ANY SECRET ARIES

CIN: L60232GJ2006PLC049224 Annexure

Resolution No. 1: Ordinary Resolution:

CONTINUATION SHEET

~------------------------ -To receive, consider and adopt the Audited financial statements (including

1

audited consolidated financial Statements) of the company for the financial year

ended 31st March, 2020 which includes the Balance Sheet, statement of profit &

Loss, cash flow statement as at the date, the Auditor's Report and Board's Report , thereon.

Particulars Number of Members

voted

~emote E-voting Total

e-voting atAGM

Total 39 - 39 Votes

Received

Valid 39 - 39 Votes in

Favour

Valid - - -Votes

Against -Invalid - - -

Votes !

----Number of votes cast by t hem 1 Percentage

-~-Remote E- I Tot~I e-votlng voting

' at

! AGM -- - --1-- - -10507594 - : 10507

l

I

I

--10507594 - I 10507

------ - -I I

I - - -

___ L_

of total valid

I Votes cast - -1 -

I

594

-· 594 1003

SHILPI THAPAR & ASSOCIATES

COMP ANY SECRET ARIES

CIN: L60232GJ2006PLC049224 Resolution No. 2~0rdinary Resolution.

CONTINUATION SHEET

To appoint Mr. Vipul Vashi, who retires by rotation and being eligible, offers

himself for re-appointment as a Director of the company.

Particulars Number of Members

voted

-- r---

Remote E-voting Total

e-voting atAGM

Total 39 - 39

Votes

Received

Valid 36 - 36

Votes in

Favour

Valid 1 - 1

Votes

Against

Invalid 2 - 2

Votes

Number of votes cast by

them

Remote E- Total e-voting voting

at AGM

~05075 10507594 -1

I I

·- · -10468584 - 104685 I

10 - 10 I I

-rPercentage I

I

I of total valid 1 Votes cast

94 I -

l 84 1 99.9993

I I

-+-

' 0.0013

i l

- '

- -· --l---- -*39000 - , 39000 -1-

__ l __ -

*Voting done. by any Interested Related Party /Relatives are exclud ed and treated

as involld.

SHILPI THAP AR & ASSOCIATES

COMPANY SECRET ARIES

CIN: L60232.GJ2006PLC049224

Resolution No. 3- Ordinary Resolution.

CONTll\UATION SIIH.T

------. ---To Increase the Authorised Share Capital of the Company and make consequent

alteration in Clause V of the Memorandum of Association:

Particulars

~

Total

Votes

Received

Valid

Votes in

Favour ~

Valid

Votes

Against

lnvaUd

Votes

Number of Members -

voted

Remote E-voting Total

e-voting atAGM

39 - 39

38 - 38

I '

- -- - - --- --·--- ----·· ·--·

i Number of votes c ast b y ; Pere entage them

·--Remote

e-votfng

10507594

-10507584

1 of total valid

Votes cast - ...... ....,.. ___ al --r-E· / Tot

voting I '

afAGM 1

I -- lOS

I

075941~-

I --- '

- I 105 I

--- f

075841 99.9993

!

-- t- - -ra 1 - 1 110 - t---- -! 0.001% I I i ! - -!---- - -1- - ' -I ' I !

SHILPI THAPAR & ASSOCIATES

COMP ANY SECRET ARIES

CIN: L60232GJ2006PLC049224 Resolution No. 4-0rdinary Resolution.

CONTINUATION SHEET

j To consider and approve the issuanc~of Bonus Shares==-= - -

Portie ulars Number of Members

voted

Remote E-voting Total

e-voting atAGM

-Total 40 - 40

Votes

Received

Valid 39 - 39

Votes In

Favour

Valid 1 . - 1 Votes

Against

Invalid - - -

Votes

Number of vot es cast by t hem I Percentage

Remote E-

e-voting vot

at

A

10507644 -

-- f--110507634 -

~ - --I I

- -

--r=--- - -1 Total

ing i

10507634

_L 10

I of total valid

. Votes cast -+-

99.9993

... -I

1 • Figures in percentage terms wnerever appearir:g in fraction have been rounded off.