Vidhi Specialty Food Ingredients informs about AGM proceedings

Vidhi Specialty Food Ingredients has informed that the 30th Annual General Meeting (AGM) of the Company was held on Friday, September 30, 2022 at 03:30 pm through Video Conference (‘VC’) / Other Audio Visual Means (‘OAVM’), in accordance with the Circulars issued by the Ministry of Corporate Affairs (‘MCA’) vide its General Circular No. 10/2022 dated December 28, 2022 read with General Circular No. 14/2020 dated April 08, 2020, General Circular No. 17/2020 dated April 13, 2020 and General Circular No. 20/2020 dated May 05, 2020 (collectively referred to as MCA Circulars) and the Securities and Exchange Board of India (‘SEBI’) Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/4 dated January 05, 2023 read with Circular no. SEBI/HO/CFD/CMD1/CIR/P/ 2020/79 dated May 12, 2020 (collectively referred to as SEBI Circulars), to transact the business as stated in the notice of 30th AGM. The venue of the meeting was deemed to be the Registered Office of the Company. As per Section 108 of the Companies Act, 2013 (‘the Act’) read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended from time to time, and all other applicable provisions of the Act and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), and in terms of above referred MCA Circulars and SEBI Circulars, the Company had provided to its Members the facility to cast their votes by electronic means on all the resolutions as stated in the notice of the 30th AGM. Since voting by show of hands was not permissible as per the Act, at the 30th AGM, the Chairman ordered for a poll for voting on all the resolutions mentioned in notice of the 30th AGM and voting through poll at AGM was conducted through electronic means. As per the provisions of the Act, the Members who had already voted through Remote E-voting, were not entitled to vote on Poll at the AGM. The Board of Directors had appointed Hemanshu Kapadia (FCS: 3477 and CP: 2285), Proprietor of Hemanshu Kapadia & Associates, Practicing Company Secretaries, as a Scrutinizer to scrutinize the Remote E-voting process in a fair and transparent manner. The Chairman has appointed Hemanshu Kapadia (FCS: 3477 and CP: 2285), Proprietor of Hemanshu Kapadia & Associates, Practicing Company Secretaries, and Vipin Mehta, Member of the Company (DP-Client ID: IN303028-67124112), as the Scrutinizers to conduct the Poll process at the 30th AGM in a fair and transparent manner.

The above information is a part of company’s filings submitted to BSE.