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To National Stock Exch ange of India Limited Exchange Plaza, Sandra Kurla Complex Mumbai - 400 051

To The BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001

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Sub: Regu lation 44( 3 ) of the SEBI (Listing Obligations and Disclosure Requ irements ) Regulations, 2015 - Detai ls of Voting Results at the 13th Annual Genera l Meeting of the Company

Dear Si r I Madam

Pursuant to the Regulation 44(3) of the SEBI (Listing Obligati on and Disclosure Requirements) Regulations, 2015, enclosed please find detai ls of voting results inclusive of e-voting and voting through poll ing/ballot paper conducted at the 13th Annua l General Meeting of the Company held on Friday, 28th September, 2018 at 09.00 a. m . at Royal Arches Farm House, Palla Bakhtawar Pu r Road, Alipur, Delhi - 110 036.

Report of the Scrutin izer is a lso enclosed herewith.

Request you to kindly take t he same on your record.

Thanki ng You, Yours Faithfully,

INDOSOLAR LIMITED Regd. Office: C-12 Friends Colony (East), New Delhi-110065 INDIA

Factory : 3C/1, EcoTech - II, Udyog Vihar, Greater Noida- 201 306 (U.P.) - INDIA

Tele: +91 - 120 - 476 2500 I Fax : +91 - 120-476 2525 E-mail : info@indosolar.co.in

www.indosolar.co.in

CIN-L 18101 DL2005PLC134879

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Details of Voting Results - 13th Annual General Meeting held on Friday, 28th September, 2018

Date of the AGM 28th September, 2018

Total number of shareholders on record date 58753 (as on cut-off date i.e. 21st September 2018)

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

• Promoters and Promoter Group: 02

• Public: 29

No. of shareholders present in the meeting through Video Con ferencing: Not Arranged

• Promoters and Promoter Group :

• Public:

lndosolar limited -Annual General Meet ing - 28th Sep tember. 2018

Resolution I Agenda wise details of voting (including votes cast by physical ballots and e-voting process) are as under:

Resolution No. 1: To receive, consider, approve and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31. 2018.

Resolution Required: (Ordinary/ Special) Ordinary Resolution

Whether promoter/ promoter group are interested in the agenda/resolut ion? No

No of Shares No of votes % of votes polled on No of votes- No of votes- %of Votes in favour %of Votes against

Held polled outstanding shares in favour against on votes polled on votes polled

Category Mode of Voting (1) (2) (3)=[(2)/( 1))*100 (4) (5) (6)=((4)/ (2)]*100 (7)=[(5)/( 2)]"100

Promoter E-Vot ing 211332046 99.8271 211332046 - 100.0000 0.0000

and Poll 211698048

0.0000 - - 0.0000 0.0000

Promoter Postal Ballot (i f applicable) 0.0000 - - 0.0000 0.0000

Group Total 211332046 99.8271 211332046 - 100.0000 0.0000

E-Voting 0.0000 0.0000 0.0000

Poll 15709282

0.0000 - - 0.0000 0.0000

Public- Posta l Ballot (if applicable) 0.0000 - - 0.0000 0.0000

Institutions Total 0.0000 - 0.0000 0.0000

E-Voting 1170145 0.8089 1170045 100 99.9915 0.0085

Poll 144659786

2576 0.0018 2576 - 100.0000 0.0000

Public- Non Postal Ballot (if applicable) - 0.0000 0.0000 0.0000

Institutions Total 1172721 0.8107 1172621 100 99.9915 0.0085 Total 372067116 212504767 57_1146 212504667 100 100.0000 0.0000

Resolution No.2: To appoint a Director in place of Mr. Hulas Rahul Gupta (DIN: 00297722). who retires by rotat ion and, being eligible, offer himself for re-appointment

Resolution Required: (Ord inary/ Special) Ordinary Resolution

Whether promoter/ promoter group are interested in the agenda/resolu tion? Yes No of Shares No of votes %of votes polled on No of votes- No of votes - % of Votes in favour %of Votes against

Held polled outstanding shares in favour against on votes polled on votes polled

Category Mode of Voting (1) (2) (3)=[(2)/(1)]'100 (4) (5) (6)=[(4)/(2)]"100 (7)=[(5)/(2)]"100

Promoter E-Voting 211332046 99.8271 211332046 - 100.0000 0.0000

and Poll 211698048

- 0.0000 0.0000 0.0000

Promoter Postal Ballot (if applicab le) - 0.0000 0.0000 0.0000 Group Total 211332046 99.8271 211332046 100.0000 0.0000

E-Voting - 0.0000 - 0.0000 0.0000 Poll

15709282 0.0000 - - 0.0000 0.0000

Public- Postal Ballot (if applicable) - 0.0000 - 0.0000 0.0000

Institutions Total - 0.0000 - 0.0000 0.0000 E-Voting 1170145 0.8089 1167405 2740 99.7658 0.2342

Poll 144659786

2576 0.0018 2576 100.0000 0.0000 Public- Non Postal Ballot (if applicable) 0.0000 - - 0.0000 0.0000 Insti tutions Total 1172721 0.8107 1169981 2740 99.7664 {).2336

Total 372067116 212504767 57.1146 212502027 2740 99.9987 0.0013

lndosolar Limited- Annual Genera l Meeting- 28th September, 2018

Resolution No. 3: To ratify appointment of Statutory Auditors M/s Arun K Gupta & Associates, Chartered Accountants, New Delhi (Firm Registration Number-000605N)

Resolution Required: (Ordinary/ Special) Ordinary Resolution

Whether promoter/ promoter group are int erested in the agenda/resolution? No

No of Shares No of votes % of votes polled on No of votes- No of votes- %of Votes in favour %of Votes against

Held polled outstanding shares in favour against on votes polled on votes polled

Category Mode of Voting {1) (2) (3)=[(2)/{1W100 {4) (5) (6)=[(4)/(2})"100 (7)=[(S)/(2))'100

Promoter E·Voting 211332046 99.8271 211332046 - 100.0000 0 .0000

and Po ll - 0.0000 - 0.0000 0 .0000

Postal Ballot (if applicable) 211698048

0.0000 0.0000 Promoter - 0.0000 - -Group Total 211332046 99.8271 211332046 - 100.0000 0.0000

E-Voting - 0.0000 - - 0.0000 0.0000

Poll - 0.0000 - - 0.0000 0.0000

Postal Ballot (if applicable) 15709282

0.0000 0.0000 Public- - 0.0000 - -Institut ions Total - 0.0000 - 0.0000 0.0000

E-Voting 1170145 0.8089 1168005 2140 99.8171 0.1829 r Poll

144659786 2576 0.0018 2576 100.0000 0.0000

Public- Non Postal Ballot (if applicable) - 0.0000 - 0.0000 0.0000

Institutions Total 1172721 0.8107 1170581 2140 99.8175 0.1825

Total 372067116 212504767 57.1146 212502627 2140 99.9990 0.0010

Resolution No. 4: Ratification of the remuneration to M/s Kabra and Associates, Cost Accountants (Firm Registration Number: 000075), appointed by the Board of Directors as

Cost Auditors of the Company for the financial year 2017-18.

Resolution Required: (Ordinary/ Special) Ordinary Resolut ion

Whether promoter/ promoter group are interested in the agenda/resolution? No No of Shares No of votes % of votes polled on No of votes- No of votes- %of Votes in favour %of Votes against

Held polled outstanding shares in favour against on votes polled on votes polled

Category Mode of Voting (1) (2) (3)=[{2}/(1}]"100 {4) (5) {6)=[(4)/(2)]•100 (7)=[(5)/(2)]•100

Promoter E-Voting 211332046 99.8271 211332046 100.0000 0.0000

and Poll - 0.0000 - - 0.0000 0.0000 211698048

Promoter Postal Ballot (i f applicable) - 0.0000 - 0.0000 0.0000

Group Total 211332046 99.8271 211332046 100.0000 0.0000

E-Vot ing - 0.0000 - 0.0000 0.0000

Poll 0.0000 - 0.0000 0.0000

Postal Ballot (if applicable) 15709282

Public- 0.0000 - 0.0000 0.0000

Insti tutions Total - 0.0000 - - 0.0000 0.0000

E-Voting 1170145 0 .8089 1162995 7150 99.3890 0.6110

Poll 144659786

2576 0 .0018 2576 100.0000 0.0000

Public- Non Postal Ballot (if applicable) - 0.0000 - - 0.0000 0.0000

Institutions Total 1172721 0.8107 1165571 7150 99.3903 0.6097 r Total 372067116 212504767 57.1146 212497617 7150 99.9966 0.0034

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CHAHDRASEKfiRAH ASSOCIATES® COMPANY SECRETARIES

Scrut iniz er's Report on remote e-voting and voti ng by po ll at t he 13 th An nu al Genera l Meeting

To The Chairman 131

h Annual General Meeting of the Equity Shareholders Indosolar Limited

Date of Meeting: September 28, 2018 Day of Meeting: Friday Time of Meeting: At 09:00A.M Ven ue of the Meeti ng: Royal Arches Fa rm House, Palla Bakhtawar Pur Road, Al ipur, Delhi - 110036

Dear Sir,

I, Shashikant Tiwa ri, Partner of M/s. Chandrasekaran Associates, Company Secretaries having its office at llF, Pocket IV, Mayur Vihar, Phase-!, New Delhi-110091, was appointed as Scrutinizer of M/s. Indosolar Limited ("Company") for remote e-voting and voting by poll at the 131n Annual Genera l Meeting ("the Meeting") m respect of the below mentioned resolutions considered at the Meeting of the Equ ity Shareholders of the · Company as per notice dated August 10, 2018.

The Notice dated Aug ust 10, 2018 convening the Meeting was sent to the shareholders on September 3, 2018 in respect of the proposed resolutions considered at the Meeting of the Equity Shareholders of the Company held on September 28 , 2018.

The Company has availed the remote e-voting facility offered by Central Depository Services (India) Limited ("CDSL") for conducting e-voting by the equit y shareholders of the Company.

The remote e-voting period remained open from Tuesday, September 25, 2018 (9:00 am) and concluded on Thursday, September 27, 2018 (5:00pm).

Further, the Chair person announced the poll at the Annua l General Meeting for the Shareholders who attended the meeting but have not cast their vote earlier th rough remote e-voting.

The shareholders holding shares as at the close of business hours on Friday, September 21, 2018 (Cut-off date) were entitled to vote on the proposed resolutions as set out in the Notice of the Meeting of the Company, and their shareholding as on that date has been reckoned with for the purpose of arriving at the result of the remote e-voting and poll at the Meeting.

After the time fixed for voting through poll at the Meeting venue, i.e. between 9:20a.m. to 9:50 a.m., ballot boxes kept for polling were locked in my presence with due identification marks p laced by me.

The locked ballot boxes were subsequently opened in my presence and poll papers were diligently scrutinized. The poll papers were reconciled with the records maintained by M/s Link intime India Private Limited, Registrar and Share Transfer Agents of the Company and the authorizations/proxies lodged with the Company.

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CHAHDRfiSEKfiRfitt ASSOCIATES Continuation ...................... ..

Subsequently, thee-voting module was unblocked 011 September 28, 2018 around 10:34 a.m. in the presence of two witnesses, Mr. !shan Khanna R/o. S88D Sunder Block Shakarpur, Delhi- 110092 and Mr. Anuj Kumar R/o C-218, Pandav Nagar, Delhi-110092 who are not in the employment of the Company. They have signed be low in confirmation of the votes being unblocked in their presence.

Mr. !shan Khanna

Our Report is based on Register of Voting i. e. votes cast through remote e-voting and voting through poll at the Meeting.

The votes casted through poll and remote e-voting, if any, which were incomplete and/ or otherwise found defective have been treated as invalid.

The Management of the Company is responsible co ensure compliance with requirements of the Act and rules made the reunder relating to poll and remote e-voting on the resolution contained in the notice of the Meeting.

My responsibility as scrutinizer for the poll anc.J remote e-voting is restricted to making a scrutinizer report of the votes cast in favour or against the reso lution.

Based on the data downloaded from official website of CDSL for the remote e-voting process and further based on the votes cast through poll at the Meeting, we now submit our consolidated report (e-voting and Poll) as under:

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CHANDRASEKAitAN ASSOCIATES Continuation ...................... ..

1. The result of the voting as per aforesaid Register is as under:

Resolution - !: To receive, consider, approve and adopt the Audited Financial

Statement of the Company for the Financial Year ended March 31, 2 018: (Ordinary Resolution )

E- VOTING POLL TOTAL

Number of Number I Number Particulars Votes hel d of Votes held of Votes held

members by them 111embers I by t hem members by them

voted voted voted

Total No. of Members & 46 212502191 21 2576 67 212504767 Shares held by them

Total No of Members & 0 0 i 0 0 0 0 Invalid/Reject I I

1 Less: ed Votes I --·

i Total No. of fvlembers & Votes not 0 0 0 0 0 0

exercised/Part l Less: ially exercised l

No of Valid 46 21250 2191 21 2576 67 212504767 Votes Cast

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E-VOTING POLL TOTAL 0/o of total

Particulars Number Nu mber Numb er number

of Votes Cast of Votes Cast of Votes Cast of valid members by them members by t h em members by them votes

voted voted voted cast

Favor 45 212502091 21 2576 66 212504667 100.00

Against 1 100 0 0 1 100 0.00

Total 46 212502191 21 2576 i 67 2 1 2504767 100.00 l

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CHAHDRASEKARAH ASSOCIATES Continuation ...... ......... ..... ... .

Resolution-2: To appoint a Director in p lace of Mr. Hulas Rahul Gupta (DIN:

00297722) , who retires by rotation and being e l igible, offers himself for re­

appointment: (Ordinary Resolution)

E-VOTING POLL TOTAL

Number of Number Number

Particulars Votes held of Votes hel d of Votes hel d members

by them members by them members by them voted

voted voted Total No. of Members & 46 212502191 21 2576 67 212504767 Shares held by them Total No of Members & 0 0

I 0 0 0 0

Invalid/ Reject Less : ed Votes

Total No. of Members & Votes not 0 0 0 0 0 0

exercised/Part I Less : ially exercised No of Valid 46 212502191 2 1 2576 67 212504767 Votes Cast

E-vOTING POLL TOTAL 0/o of total

Particu lars Number i Number I Number number

of · Votes Cast of Votes Cast of Votes Cast of valid members j by them members I by them I members by them votes

voted voted I voted cast

Favor 4 3 212499451 21 2576 64 212502027 100.00

Against 3 2740 0 0 3 2740 0.00

Total 46 212502191 21 2576 67 212504767 100.00 I

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CHAttDRASEKARflrt ASSOCIATES Continuation .......... ............. .

Resolution-3 : To ratify the appointment of Statutory Auditors of the Company,

to fix their remuneration: (Ordinary r esolution)

E-VOTING POLL TOTAL

Number of Number I Number

Particulars Votes held of Votes held of Votes held members

by them members I by them members by them voted

voted voted Total No. of Members & 46 212502191 21 2576 67 212504767 Shares held by them Total No of ' Members & 0 0 0 0 0 0 Invalid/Reject

Less : ed Votes Total No. of Members & Votes not 0 0 0 I

i 0 0 0

exercised/Part I

Less: ially exercised I No of Valid 4 6 212502191 I 21 2576 67 212504767 Votes Cast I

E-VOTING POLL i

I TOTAL o/o of total

Particulars Number Number I Number number

of Votes Cast of Votes Cast of Votes Cast of valid members by them members by them members by them votes

voted I I voted voted cast

Favor 44 212500051 21 2576 65 212502627 100.00

Against 2 2140 0 0 2 2 140 0.00

Total 46 212502191 21 2576 67 212504767 100.00

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CHAtiDRASEKARfitl ASSOCIATES Continuation ..................... .. .

Resolution-4: To consider and if thought fit, to pass with or without

modification(s), the following resolution as an Ord inary Resolution: (Ordinary

Resolution)

E-VOTING POLL TOTAL

Number of Number Number

Particulars Votes held of Votes held of Votes held members

by them members by them members by them voted

voted voted Total No. of Members & 46 212502191 21 2576 67 212504767 Shares held by them Total No of Members & 0 0 0 0 0 0 Invalid/Reject

Less: ed Votes Total No. of Members & Votes not 0 0 0 0 0 0

exercised/Part Less: ially exercised

No of Valid 46 212502191 21

I 2576 67 212504767

Votes Cast

E-VOTING POLL TOTAL 0/o of total

Particulars Number Number I Number number

of Votes Cast o f Votes Cast of Votes Cast of valid members by them m embers 1 by them members by them votes

I

voted voted I voted cast

Favor 42 212495041 21 2576 63 212497617 100.00

Against 4 7 150 0 0 4 7150 0.00

Total 46 212502191 21 2576 67 212504767 100.00

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~ i Corpora1e Acuons. Conc<<:le ::iolul<ons .:J CHANDRASEKARAN ASSOCIATES® COMPANY SECRETARIES

2. The Chairman may accordingly declare the result of votes casted by voting process at the meeting.

3. The ballot papers and all other documents and relevant records shall remain 111

the safe custody of the Scrut inizer, until the Chairperson signs the minutes of the meeting and thereafter the same shall be handed over to t he Company Secretary.

Thanking you, Yours faithfully 1

Chandrasekaran Associates

Place: New Delhi

Date: ~ 8/ V9 / ')1:) 18

11-F, Pocket-IV, Mayur Vihar Phase-1, Delhi- 110 091 . Phone : 2271 0514, 2271 3708, E-mail : info@cacsindia.com, visit us at : www.cacsindia.com