lLA\ TJIM MllETAlL & llNlDflUlSTRllES lLTlDL»(Formerly known as Drillco Metal Carbides Ltd.)

CIN 1 L99999MH1974ULL017951

LAT|M Regd. Off. : 201, Navkar Plaza, Bajaj Road, Vile Parle (West), Mumbai - 400 056.

”0”“Tel : 26202299 / 26203434 Fax : 022 - 26240540 Email : accounts@xatimmetal.com

Web 2 wwaatimmetaLcom

16th September, 2019

To,BSE Limited

The Depaltment of Conporate Services,Phiroze Jeejeebhoy Towers

Dalal Street

Mumbai- 400001

Sub :Outcome of Voting Results as per Regulation 44(3) of the 51331 (Listing Obligations andDisclosure Requirements) (LODR) Regulations, 2015

Ref: Scrip Code: 505693

Scrip 1]): LATIMMETAL

Dear Sir/Madam,

Pursuant to Regulation 44 (3) of SEBl (LODR) Regulations, 2015, please find enclosed the details of

voting results for passing of the resolutions in the 43rd Annual General Meeting held on 14’!“ September,2019. Also, find enclosed the Serutinizers Report issued by M/s Kothari H. & Associates, CompanySecretaries dated 16‘h September, 2019.

We request you to take the above information on your records.

Thanking You,Yours FaithfullyFor La Tim Metal & Industries Limited

Ashok Deorah

Chairman

Encl: As above

I: KOTHARI H. & ASSOCIATES Hllthh KUI HAKI (LLB. boom, i-US)COMPANY SECRETARIES SONAM JAIN (B Com, ACS)

CONSOLIDATED REPORT OF THE SCRUTINIZER

{Pursuant to Section 108 of the Companies Act, 20 l3 and Rule 20 of the Companies(Managementand Administration) Rules, 2014 as amended from time to time]

To,

The Chairman,La Tim Metal & Industries Limited

20l, Navkar Plaza, Bojaj Road,Vile Parle (West) Mumbai - 400056

Dear Sir,

We Kothari H. & Associates, Company Serretaries, have been appointed by the Board ofDirectors of La Tim Metal 8: Industries Limited (”Company") as Serutinizer for thepurpose of:

i. Scrutinizing the remote e~voting process in terms of the provisions of Section ‘l08 ofthe Companies Act, 2013 ("the Act”) read with Rule 20 of the Companies(Management and Administration) Rules, 2014 as amended (Rules) and

ii. Voting by Shareholders at the 43'd Annual General Meeting held on Saturday, [4'September, 2019 ("ACM") for all the resolutions contained in the Notice of AGM.

We pleased to submit my report as under, which is comprehensive and self explanatory inall respect:

The management of the Company is responsible to ensure the compliance with therequirements of the Companies Act, 2013 and the Rules relating to remote e-voting on theresolutions contained in the Notice of the AGM of the members of the Company and at themeeting. My responsibility as a scrutinizer for the voting process is restricted to make a

scrutinizer's report of the votes cast "in favour", ”against" or remain ”abstain / invalid", ifany on the resolulions contained in the Notice of ACM, based on the reports generated fromthe e‘voting system provided by National Securities Depository Limited (NSDL) and basedon the voting conducted at the ACMr

1. The Company has completed the dispatch of Notice of Annual General Meetingalongwith the Annual Report of the Company as on Wednesday, 21‘“ August, 2019 toits members whose names appeared on the register of Members/ List of beneficiaries,

Fort: 208. P. J Towers, Data! Street, Fort, Mumbai-400001. Ph.: 022-6747 2129 / 2272 1831Kandivali: A-i, Satya Co-Op. Housing Society, Oppr Telephone Exchange, 5 V Road, Kandivali (West), Mumbai-400067n». - nrm cvna crun I in I: mmi. in‘hfiilaknnn A...“ wanna»... mm... lam-m nnm

2. Advertisement was published by the Company in English newspaper "Free PressJournal" and in Marathi Newspaper "Navshakti" dated Saturday, 24'“ August, 2019.The notice published in the newspaper carried the required information as specifiedin Sub Rule 30?) (a) to (g) of the said Rule 20.

3. The Voting rights were reckoned as on Saturday, 07'” September, 2019, being the cut-off date for the purpose of deciding the entitlements of members at the remote e-

voting and voting at the Meeting.

4. The Company has availed services of National Securities Depository Limited (NSDL)as the agency for providing the remote evvoting platform.

The remote e-voting period was open for three days which commenced on

Wednesday, 11*“ September, 2019 at 09:00 am. and concluded on Friday, 13‘“September, 2019 at 05:00 p.m. on hltps;[[www.evotinp.nsdl.~c_m_[.

b. The remote e—voting results on the National Securities Depository Limited (NSDL) l3-voting platform were unblocked and downloaded on Saturday, 14’“ September, 20i9in the presence of two witnesses Mr. Kalpesh Ioshi and Mrs. Khadija Lokhandwalawho are not in the employment of the Company and who have signed below inconfirmation of the votes being unblocked in their presume.

91

7. After the time fixed for closing of the poll by the chairman, ballot boxes kept forpolling were locked in our presence with due identification marks placed by us.

8. The locked ballot boxes were subsequently opened in our presence and poll paperswere diligently scrutinized. The poll papers were reconcile with the recordsmaintained by the Company/Registrar and transfer agent of the Company and theauthorisations / proxies lodged with the Company.

9. On scrutiny, we report that 50 Shareholders were present in the meeting in person.

10. THE CONSOLIDATED RESULTS OF E—VO'I‘ING AND POLL ARE AS UNDER:

The details containing internlin, no. of Equity Shareholders, who voted ”for”, "against” or"abstain", it'any on each of the resolutions that were put to vote, were generated from the @-voting website of National Securities Depository Limited (NSDU. Taking into account thereport from NSDL and physical voting at the AGM, the consolidated result with respect toeach item on the business as set out in the Notice of the 43’d Annual General Meeting dated14'“ August, 2019 is enclosed;

(‘J

Item No. 1.

Ordinary Resolution, To consider and adopt the audited Financia] Statements (IncludingAudited Consolidated Financial Statement) of the Company for the financial year endedMarch 3], 2019 and the reports of the Board of Directors and the Auditors thereon

Number of Votes Contained in-7 “’

”

% ofRemote 2 —

voting Voting at the AGM TotaltotalParticulars

NW

validNo. ofumber

No. ofNumber

No. ofNumber

tof voles of votes of votes V0 95member members members

tcast by cast by cast by “‘9voted voted votedthem them them

,Voted in 6 113 34 5248965 40 5249078 100Favour

Voted 0 o 0 u 0 o 0Against,

Abstain / U o o o o o 0invalid____________g

Ema]6 ‘113 34 5248965 40 5249078

Based on the aforesaid results, Ordinary Resolution

passed unanimously.

Item No. 2

Ordinary Resolution, To appoint a director in place of Mr. Ramesh Khwho retires by rotation and being eligible, offers himself for reappointment.

as contained in item No 1 has been

anna (DIN 00692373),

Number of Votes Contained in”F

‘

r/ ofRemote e —

voting Voting at the AGM Total tgta]P‘

l N N b l‘

‘

amcu ars

No. ofumber

No. ofum er

No. ofNumber valid

of votes of votes of votes votesmember members memberscast by cast by cast by castvoted . voted votedthem them themHVoted in 6 113 34 5248965 40 5249078 100Favour

.Voted 0 0 o o o o 0Against

Abstain / 0 o o o o o 0Invalid

Total 6 113 34 5248965 40 5249078 100

Based on the aforesaid results, Ordinary Resolution as contained in item No. 2 has beenpassed unanimously

la

item No. 3.

Ordinary Resolution, Ratification of Appointment of Statutory Auditors of the Company:

Number of Votes Contained inr“

"/0 ofRemote 6 —

voting Voting at the AGM Total totalParticularsNumber Number Number validNo. of No. of No. of

votesof votes of votes of votesmember members members

castcast by cast by cast byvoted voted votedthem them them

Voted in 6 113 34 5248965 40 5249078 innFa vour

Voted0 o o o o 0 0Against

Abstain / 0 o 0 D 0 0 0Invalid

6 113 34 5248965 40 5249078 100Total

J

Based on the aforesaid results, Ordinary Re

passed unanimously.

W

Special Resolution, To approve the appointment of M

02055457) as Independent Director, who w

solution as contained in item No. 3 has been

ahesh Chander Nagpal (DIN No.as appointed as an additional director of the

Company:

Number of Votes Contained in

"/o ofRemote e -

voting Voting at the AGM Totaltotal

ParticularsNumber Number Number validNo. of No. of No. of

votesof votes of votes of votesmember members memberscastvoted

ca“ byvoted

“St byvoted

ca“ bythem them them

Voted in6 113 34 5248965 40 524-9075 100

‘Favour

V1Voted0 0 0 o o o o

lAgainst

ka vAbstain / o o o 0 0 0 0“Invalid

,‘,.,

fl

Total 6 113 34 5248965 40 5249078 100

i!Based on the aforesaid results,

unanimously.Special Resolution as contained in item No. 4 has been passed

For Kathari 1-1.3: Associates

Cox'npany Secreta'

flow}‘,

Partner

Mem, N0.: 9871

COP: 12402

Date : 16‘“ September, 2019

Place: Mumbai

We the undersigned witnesses that the votes were unblocked from e—voting website ofNational Securities Depository Limited (NSDL) at httpsfiwww.ovotingJISdLCOmZ in our

presence at12.01 PM. on

Squkufiéakd ,1 W96 eFtemLea-pl 1013

(Kalpesh Joshi)

Counter Signature by the:

WAuthorised Representative

LA

TIMMETAL&

INDUSTRIESLIMITED

201,NAVKARPLAZA,BAJAJROAD,\IILEPARLE(WEST),

MUMBAI400057

FallingSummary

I

METAL8:

INDUSTRIESLIMITED

SUMMARV

he

AGM

14.09.2019

nberof

shareholderson

recorddate

1751

IrehalderspresentIn

the

meetingeitherIn

personor

throughproxy:

(metersand

PromoterGroup:

9

Ihilc:

41

Ireholdersattendedthe

meetingthroughVideoConferencing:

amotersand

PromoterGrnup:

lbIlc:

Resolutionrequired:Ordinary

l

CONSIDERATIONANDADOPTIONOF

AUDITEDFINANCIALSTATEMENTS,REPORTSOF

THE

BOARDOF

DIRECTORSANDAUDITORS

"airliner/promotergroupare

Interestedin

the

agenda/resolutionNo

Category

Modeof

Va

No.of

sharesheld

No.

of

votespolled

%

of

votespolledon

outstandingshares

No.

of

votes-

in

favour

Not

of

votes-

against

atesIn

favouran

votes:1

%

of

votesagainstaNvotes

polled

1

2

3

4

5

6

7

l3l=II1l/(1)]’100

6=

Il4l/l1li‘100

7=

[(5lll2ll'100

and

PromoterGroup

E-VDTING

5248250

0

0

0

and

PromoterGroup

PHYSICAL

5248250

0

5248250

and

PromoterGroup

Postalballotif

any

0

I)

a

Total

5148250

5248150

100

5148150

ilutlons

E-VOTING

28350

0

0

0

PHYSICAL

0

0

0

Postalb

lo

0

0

0

Total

18350

n

0

D

O 0 0

100 100

oaooocooooooa

co

oooooooooooon

’nstltutions

E-VOTING

3305830

113

113

'ns

‘

utlons

PHYSICAL

715

715

'nstitutions

Postalb

or

if

any

0

0

Total

3305830

818

0.03

828

5582430

5245078

61.16

524907!

100 100 100 100

Resolutionrequired:Ordinary

Z

RE~APPOINTMENTOF

MR.RAMESHKHANNA(DIN00692373),WHO

RETIRESBY

ROTATIONATTHISAGM

lromoter/promotergroupare

interestedin

the

agenda/resolutionNo

Category

Modeof

Voting

No.

of

sharesheld

No.of

votespulled

%

of

votespulledon

outstandingshares

No.

of

votes-

in

favour

No.

of

votes-

against

atesin

favouron

votes1:

96

of

votesagainst0N

votespolled

1

Z

3

4

S

6

7

HF[allI

1)]‘100

6=

[Ml/Illl'lw

7:

[Isl/IZII'IOD

lnd

PromoterGroup

E~VOTING

5245250

0

0

O

lrld

PromoterGroup

PHYSICAL

5248250

0

5248250

100

lnd

PromoterGroup

Postalballotif

any

0

O

O

0

Total

5240150

5248250

100

5148150

100

tutlons

E-VOTING

23350

0

0

0

muons

PHYSICAL

0

O

O

(utlons

Postalballotifany

O

0

0

Total

18350

0

0

0

0

3

O

5

0 3o

o

nstltutlons

E—VOTlNG

3305830

113

nstltutluns

PHVSICAL

715

nstitutions

Postalballotif

any

0

0

Total

3305830

828

0.0

828

8582430

5249073

61.16

5245078

100 100 100 100

cooacoooooooo

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Resolutionrequired:Ordinary

3

RATIFICATIONOF

REAAPPOINTMENTOF

STATUTORVAUDITORSOF

THE

COMPANY

'omoter/promotergroupare

Interestedin

the

agenda/resolutionNo

Category

Modeof

Voting

No.

of

sharesfield

No.of

votespolled

%

of

votespolledon

outstandingshares

No.

of

votes-

in

favour

No.

of

votes—

against

atesin

favouron

votesp

96

of

votesagainstON

votespolled

1

2

3

4

5

5

7

,

l3l=

Illl/Illl'mn

6=

[(4)](2)]"100

7=ll5l/l1)]'100ldy

1d

PromoterGroup

E—VOTING

5248250

0

0

0

O

0

1d

PromoterGroup

PHYSICAL

5248250

0

5248250

0

100

randPromoteerup

Postalbal

t

if

any

0

O

Total

5248150

5248250

100

5248250

100

stitutions

E-VOTING

28350

O

O

stltutlons

PHYSlCAl.

Cl

0

stltun‘ons

any

0

c

28350

0

)n<lnstltutions

E-VOTING

I

3305830

113

100

)n-lnstituticns

PHYSICAL

715

100

m-institutions

Postalballotlf

any

0 O 0

113 7

5 O

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Total

3305830

818

0.03

828

100

8582430

5149078

cocooaocooa

61.15

524907!

100

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Resolutionrequired:Ordinary

4

REGULARIIATIONOFADDITIONAL

DIRELTORAS

AN

INDEPENDENTDIRECTOR

promoter/promotergroupare

InterestedIn

the

agenda/resnlu'

n

No

category

Madeof

Voting

No.

of

sharesheld

No.of

votespulled

%

of

votespolledon

outstandingshares

Na‘

of

votes-

In

Vavour

No.

of

votes~

againstluresIn

favouran

votesp

%

of

votesagainst0N

votespolled

1

2

3

4

5

6

7

l3l=lllllllll"100

6=

[Ml/(2)1“100

7=

[(5l/l2ll‘100

and

PromoterGroup

E~VOTING

5248250

0

0

O

and

PromoterGroup

PHVSICAL

5248250

5248250

100

and

PromoterGroup

Postalbal

O

00::

Cl

0

Yafial

5248250

5248250

109

5148250

100

E~VOTING

28350

O

O

PHYSICAL

O

O

Postalballotlf

any

0

0

Total

I

28350

O

0

E-VOTING

I

3305230

113

113

100

PHVSICAL

715

715

100

Postalb

u

U

0

total

|

3305830

828

ooooooog

828

100

8532430

5149078

0 O 0 Cl 0 0 O 0 0 O 0 0 O

51.16

5249078

100

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