Shareholder Meeting / Postal Ballot-Outcome of AGM

• Security Code: 532307
• Company: MELSTAR

This is to inform you that the 31st Annual General Meeting was held at '126' Sitaram Poddar Marg, Fanaswadi, Mumbai - 400002 as scheduled.
Mr. Durgesh Jadhav was appointed as Chairperson of the Meeting.
Total number of members present in person at the Meeting including representatives of the Body Corporate was 31.
The Chairperson ordered a poll on all the resolutions. He then gave a brief overview of the financial performance of the Company for the year under review and its future outlook. The Chairperson read the Auditor's Report.
Statutory registers and other necessary documents were kept open for inspection by the Members at the Meeting.
The remote e-voting commenced on 24th September, 2018 at 09:00 AM and ended on 26th September, 2018 at 05:00 PM. Mr. Sushil Talathi of M/s Sushil Talathi & Associates, Practising Company Secretaries, Mumbai was appointed as the Scrutinizer by the Board for scrutinizing the e-Voting process.
The following items of business as contained in the Notice dated 10.08.2018 were transacted at the meeting:
Item No Particulars Resolution (Ordinary/Special)
1 Adoption of Audited Annual Accounts ended 31st March, 2018. Ordinary
2 Re-Appointment of M/s Sarda & Pareek as Statutory Auditor Ordinary
3 Regularization of Appointment of Mr. Bhalchandra Shinde as Non Executive Director. Ordinary
4 Regularization of Appointment of Mr. Durgesh Jadhav as Independent & Non Executive Director. Ordinary
5 Regularization of Appointment of Mrs. Sadhana Patil as Independent & Non Executive Director. Ordinary

The Chairperson informed the Members that the Company has arranged for a poll on all the five resolutions to be passed at the Meeting. Thereafter, the Chairperson invited members to raise queries if any, on the business to be transacted at the Meeting. Some of the Members, addressed the Meeting, gave their suggestions and raised queries on the Company's accounts and business which were satisfactorily replied by the Chairperson.
Thereafter, the Chairperson ordered for a poll to be taken at the meeting and stated that the members who did not vote through electronic means can caste vote through poll paper. The Chairperson then appointed Mr. Sushil Talathi of M/s Sushil Talathi & Associates, as the Scrutinizers for voting through poll paper.
Members present who had not casted their votes through Remote e-voting casted their votes. The Chairperson announced that the combined results of the votes cast by poll paper along with the votes cast through remote e-voting would be declared within 48 hours from the conclusion of the meeting.

You are requested to take the same on record.