Som Distilleries & Breweries : Shareholders meeting

SUMMARY OF THE PROCEEDINGS OF EXTRA ORDINARY GENERAL MEETING (EGM) OF SOM DISTILLERIES AND BREWERIES LIMITED (THE COMPANY) HELD TODAY I.E. ON TUESDAY, THE 27TH DAY OF DECEMBER, 2022 AT 12:00 PM AT THE FACTORY PREMISES, VILLAGE ROJRACHAK, CHIKLOD ROAD, DISTRICT RAISEN (MADHYA PRADESH)

Date, Time & Venue of the Meeting:

The Extra Ordinary General Meeting (EGM) of Som Distilleries and Breweries Limited (the Company) was held today i.e. on Tuesday, the 27th day of December, 2022 at 12:00 pm at the Factory Premises, Village Rojrachak, Chiklod Road, District Raisen (Madhya Pradesh).

The following directors were attended / present:

Mr. Om Prakash Singh - Company Secretary & Compliance Officer of the Company welcomed the Members to the EGM and briefed the meeting on few points.

The Company Secretary then informed that due to some pre-occupation, Mr. J.K. Arora Chairman and Managing Director, Mr. Umakant Samal, Mr. Satpal Kumar Arora and Mr. Rajesh Kumar, Independent Directors are not present in the meeting. In this connection, would request the Board members present to elect one of themselves to be the chairperson of this meeting.

Three Directors were present at the meeting including Mr. Deena Nath Singh - the Chairperson of the Audit, CSR, NRC and Stakeholder and Relationship Committee of the Company.

With the consent of the directors and members present Mr. Nakul Kam Sethi, Whole Time Director and also a shareholder was elected as chairman of the meeting. As per Section 103 of the Companies Act, 2013, the required quorum i.e more than 30 member was present in person, the Chairman called the meeting to order.

Thereafter, the elected Chairman Mr. Nakul Sethi welcomed all the shareholders, Directors present at the meeting and introduced all Directors.

The Chairman then delivered his speech and also apprised that the Statutory Registers and documents as required pursuant to the Companies Act, 2013 to be produced at the meeting were available for inspection of the members.

Thereafter the Company Secretary informed the Members that pursuant to the provisions of Section 108 of the Companies Act, 2013 read with rule 20 of the Companies (Management and Administration) Rules, 2014, as amended and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had extended remote E-Votingfacility through NSDL in respect of all businesses to be transacted at the Extra Ordinary General Meeting to all the members holding shares as on cut-offdate of Tuesday, the 20th day of December, 2022 and e-votingperiod commenced on Saturday, December 24, 2022 (IST 9.00 am) and ended on Monday, December 26, 2022 (IST 5.00 pm) and voting at the Extra ordinary General Meeting has conducted by way of poll therefore the members personally present at the Meeting who have not casted their votes through remote e-voting were requested to cast their votes through poll paper and mark their assent or dissent on the Poll paper provided to them.

CS Neelesh Jain (N.K. Jain & Associates - Practicing Company Secretaries) was appointed as a Scrutinizer by the Board to scrutinize the voting process in a fair and transparent manner.

With the permission of Members present, the Notice of the Extra-Ordinary General Meeting was taken as read.

The following items of business as set out in the Notice dated November 25, 2022 convening the meeting were transacted through remote e-voting and polling during the EGM.

SPECIAL BUSINESS:

1. To continue appointment of Mr. Uma Kant Samal (DIN: 08669929) as an Independent Director on attaining the age of seventy-five years.
2. To consider reclassification of Mr. Surjeet Lal (Outgoing Promoter 1) to "Public" shareholder category.
3. To consider reclassification of Mrs. Sweena Arora (Outgoing Promoter 2) to "Public" shareholder category.
4. To change the name of the Company to Som Distilleries Breweries & Wineries Limited.

The queries raised by the members were suitably replied /clarified by the Chairman.

The outcome of the meeting will be cumulative count of the valid votes casted through Remote E-voting and Poll conducted at the EGM. The Voting Results along with report