ADARSH MERCANTILE LIMITED CIN: L51109WB1992PLC055082

Registered Office: 8A & 8B, Satyam Towers, 3, Alipore Road,

Kolkata – 700 027.

Phone No. : (033) 2479-1951, Fax: (033) 2479-1952

Email: adarshmercantile@gmail.com,Website:www.adarshmercantile.in

14.09.2019

The following resolutions as per the agenda of the Annual General Meeting held on

Saturday, the 14th

day of September, 2019 at the Registered Office of the Company

at 8A & 8B, Satyam Towers, 3, Alipore Road, Kolkata – 700027 at 12.30 P.M. were

declared passed unanimously as per details of votes casted in both remote e-voting &

ballot voting at the venue of the AGM as detailed in the attached ‘outcome of AGM’

and Scrutinizer’s Report:

1. As an Ordinary Resolution : Adopted Audited Standalone and Consolidated

Financial Statements of the Company including Balance Sheets as at 31st March,

2019, Profit & Loss Accounts and the Cash Flow Statements for the year ended on

that date, together with the Report of Board of Directors' and Auditors' thereon.

2. As an Ordinary Resolution: Approved re-appointment of Mr. Aritra Basu (DIN:

06779222) retiring by rotation.

3. As a Special Resolution: Re-Appointment of Mr. Sundar Lal Mohta (Din:

05122250) as an Independent Director.

Encl. Outcome and Scrutinizer Report.

ADARSH MERCANTILE LIMITED

CIN: L51109WB1992PLC055082

Registered Office: 8A & 8B, Satyam Towers, 3, Alipore Road,Kolkata — 700 027.

Phone No. : (033) 2479—1951, Fax: (033) 2479-1952

Email: adarshmercantile@email.com,Website:wwwladarshmercantile.in

OUTCOME OF ANNUAL GENERAL MEETING

Date of the AGM Saturday, 14m September, 2019

Total number of shareholders on record date 56

No. of shareholders present in the meeting either in person or through proxy :

Promoters and Promoter Group : 5

Public : 14

No. of shareholders attended the meeting through Video ConferencingPromoters and Promoter Group N.A.

Public : : N.A.

Agenda No 1: Adoption of Audited Standalone and Consolidated Financial Statements of the Company includingBalance Sheets as at 31St March, 2019, Profit & Loss Accounts and the Cash Flow Statements for the

year ended as on that date together with Report of Board ofDirectors' and Auditors' thereon.

Resolution required : (Ordinary/Special) : OrdinaryWhether promoter / promoter roup are interested in the awenda/ resolution? No

Category Mode of No. of No. of votes % of No. of No. of % of Votes % of

voting shares polled Votes Votes Votes in favour of Votes

held (2) Polled - - votes polled against(1) on In favour Against (6)= on

outstand (4) (5) [(4)/(2)]*100 Votes

ing Polled

shares (7)=[(5(3)= )/(2)]*1

[(2)/(1)]* 00

100

E-Voting 2085330 100 2085330 0 100 0

Promoter Poll NA NA NA NA NA NA

and Postal Ballot 2085330

Promoter (If 0 0 0 0 0 0

Group applicable)Total 2085330 2085330 100 2085330 0 100 0

E-Voting 0 0 0 0 0 0

Poll NA NA NA NA NA NA

Public Postal Ballot 0

Institution (If 0 0 0 0 0 0

applicable)

Total 0 0 0 0 0 0 0

E-Voting 288520 18.149 288520 0 100 0

P bl'Poll NA NA NA NA NA NA

130: Postal Ballot 1589670

. . (If 51 0.003 51 0 100 0Instltutlon .

appllcable)Total 1589670 288571 18.152 288571 0 100 0

Total 3675000 2373901 64.596 2373901 0 100 0

Result: Passed unanimously.

ADARSH MERCANTILE LIMITED

CIN: L51109W31992PLC055082

Registered Office: 8A & 8B, Satyam Towers, 3, Alipore Road,Kolkata — 700 027.

Phone No. : (033) 2479-1951, Fax: (033)2479-1952Email: adarshmercantile@gmail.com,Website:www.adarshmercantile.in

Agenda No 2 : Re-appointment ofMr. Aritra Basu (DIN: 06779222), Director who retires by rotation.

Resolution required : (Ordinary/Special) : OrdinaryWhether promoter / promoter group are interested in the agenda/ resolution? Yes

Category Mode of No. of No. of % of No. of No. of % of % of Votes

voting shares held votes Votes Votes Votes Votes in against on

(1) polled" Pulled - - favour Votes

(2) on In Agains of votes Polled

outstan favour t polled (7)=[(5)/(2)]

ding (4) (5) (6)= *100

shares [(4)/(2)]

(3)= *100

[(2)/(1)1*100

E-Voting 2085330 100 2085330 0 100 0‘

Poll NA NA NA NA NA NAPromoter

and1’05““

2085330

Promote,- I???“ 0 0 0 0 0 0

Groupapplicable)Total 2085330 2085330 100 2085330 0 100 0

E—Voting 0 0 0 0 0 0

Poll NA NA NA NA NA NA

Public gilt: 0

Institution(If

0 0 0 0 0 0

applicable)Total 0 0 0 0 0 0 0

E-Voting 288520 18.149 288520 0 100 0

Poll NA NA NA NA NA NA

1132:?- ::::3:Institution (If

51 0.003 51 0 100 0

applicable)Total 1589670 288571 18.152 288571 0 100 0

Total 3675000 2373901 64.596 2373901 0 100 0

Result: Passed unanimously.

ADARSH MERCANTILE LIMITEDCIN: L51109WB1992PLC055082

Registered Office: 8A & 8B, Satyam Towers, 3, Alipore Road,Kolkata — 700 027.

Phone No. 2 (033) 2479-1951, Fax: (033) 2479-1952

Email: adarshmercantile@,gmail.com Website:www.adarshmercantile.in

Agenda No 3: Re-Appointment of Mr. Sundar Lal Mohta (Din: 05122250) as an Independent Director.

Resolution required : (Ordinary/Special) :Special

Whether promoter/ Hromoter group are interested in the agenda/ resolution? No

Category Mode of No. of No. of % of No. of No. of % of % of Votesvoting shares held votes Votes Votes Votes Votes in against on

(1) polled* Polled -- favour Votes

(2) on In Agains of votes Polledoutsta favour t polled (7)=[(5)/(2)]nding (4) (5) (6)= *100

shares [(4)/(2)](3)= *100

[(2)/(1)

1*100

.E-Voting‘

2085330 100 2085330 0 100 0Poll NA NA NA NA NA NAPromoter

and1’05“"

2085330

Promoter ‘3‘?“ 0 0 0 o 0 0Group

applicable)Total 2085330 2085330 100 2085330 0 100 0

E—Voting o 0 0 0 0 0Poll NA NA NA NA NA NA

Public fight: 0

Institution 0 0 0 0 0 0(If

applicable)Total

,0 0 0 0 0 0 0

E-Voting 288520 18.149 288520 0 100 0Poll NA NA NA NA NA NA

1:22?- §:::::Institution

’ (If51 0.003 51 0 100 0

applicable)Total 1589670 288571 18.152 288571 0 100 0

Total 3675000 2373901 64.596 2373901 0 100 0

Result: Passed unanimously.