Deepak Fertilisers And Petrochemicals : Mahadhan AgriTech Limited

MAHADHAN

AGRITECH

LIMITED

ANNUAL REPORT 2022-23

NOTICE OF THIRTY-SIXTH ANNUAL GENERAL MEETING

NOTICE is hereby given that Thirty-Sixth Annual General Meeting of the members of Mahadhan AgriTech Limited will be held at a shorter notice on Wednesday, 9th August 2023, at 04:00 p.m. at the Registered Office of the Company at Sai Hira, Survey No. 93, Mundhwa, Pune - 411 036 to transact the following business:

• ORDINARY BUSINESS

1. To receive, consider and adopt the audited financial statements of the Companyfor the financial year ended 31st March 2023, and the Board's Report and Report of the Auditors thereon.
2. To appoint a director in place of Smt. Parul Mehta (DIN: 00196410), who retires by rotation and being eligible, offers herself for re-appointment.

• SPECIAL BUSINESS

3. To ratify the remuneration to be paid to the Cost Auditors of the Company and in this regard to consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution:

"RESOLVED THAT, pursuant to the provisions of section 148 and other applicable provisions of the Companies Act 2013, and Companies (Audit and Auditors) Rules 2014, {including any statutory modification(s) or re-enactment thereof}, and based on the recommendation of the Audit Committee and approval of the Board of Directors of the Company, the remuneration payable to M/s Harshad S. Deshpande & Associates, (Firm Registration No. 00378) appointed as Cost Auditors of the Company to conduct the Cost Audit of all applicable products for the financial year ending 31st March 2024, amounting to Rs. 2.75 Lakhs (Rupees Two Lakh Seventy-

Five Thousand only) plus taxes as applicable and reimbursement of travel and out- of-pocket expenses at actual, in connection with the said audit, be and is hereby ratified and confirmed.

RESOLVED FURTHER THAT any Director, Chief Financial Officer and Company Secretary of the Company be and are hereby authorised severally to do and perform all such acts, deeds, matters and things as may be considered necessary, desirable or expedientto give effect to this resolution."

4. To appoint Shri B C Tripathi (DIN 01657366) as an Independent Director and in this regard to consider and if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of sections 149, 152 read with schedule IV and any other applicable provisions of the Companies Act 2013, and the Companies (Appointment and Qualification of Directors), Rules 2014, {including any statutory modification(s) or re-enactment thereof for the time being in force}, Shri B C Tripathi (DIN 01657366), additional director in the capacity of Independent Director of the Company, who has submitted a declaration that he meets the criteria of independence under section 149(6) of the Companies Act 2013, and in respect of whom the Company has received a notice in writing under section 160 of the Companies Act 2013, from a member proposing his candidature for the office of Director, be and is hereby appointed as an Independent Director of the Company not liable to retire by rotation and to hold office for the first term for a period of 5 consecutive years commencing from 1st August 2023.

RESOLVED FURTHER THAT pursuant to the provisions of sections 149, 197 and other applicable provisions of the Companies Act 2013, and the Rules made thereunder, Shri B C Tripathi (DIN 01657366) be paid such fees and profit-related commission as the Board may approve from time to time and subject to such limits as may be prescribed.

RESOLVED FURTHER THAT any Director, Chief Financial Officer and Company Secretary of the Company be and are hereby authorised severally to do all necessary acts and deeds to give effect to the resolution."

By Order of the Board of Directors

Pankaj Gupta

Company Secretary

M. No.: FCS9219

Date: 25th July 2023

Place: Pune

• NOTES

1. A MEMBER ENTITLED TO ATTEND AND VOTE IS ENTITLED TO APPOINTA PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF AND A PROXY NEED NOT BE A MEMBER OF THE COMPANY.
2. An Explanatory Statement as required by section 102 of the Companies Act 2013 in respect of Special Business as set out above is annexed hereto.
3. The members are requested to intimate the Company change in their address, if any,with Pin Code number, quoting Registered Folio Number in respect of shares held in physical form and to their respective Depository participants in respect of shares held in electronic form citing reference of their Client Id and DP ID.
4. All Proxyholder should carry their identity card at the time of attending the Meeting.
5. The Proxies Register shall open for inspection during the period beginning twenty-fourhours before the time fixed for the commencement of the Meeting and ending with the conclusion of the meeting. Inspection shall be allowed between 11 A.M. and 1 P.M.
6. The members/proxies should fill the Attendance Slip for attending the Meeting.
7. All documents referred to in the Notice are open for inspection at the RegisteredOffice of the Company on all the working days, except Saturdays, Sundays and public holidays, between 11.00 A.M. and 1.00 P.M., upto the date of the AGM.