Saksoft : Annual General Meeting

Saksoft Limited

CIN: L72200TN1999PLC054429 Global Infocity Park, Block A, 2nd Floor,

# 40, Dr.M.G.R. Salai, Kadanchavadi Perungudi, Chennai - 600 096.

P: +91-44-2454 3500 F: +91-44-2454 3510

Email: info@saksoft.com

Dear Sir/Madam,

Sub: Outcome of 23rd Annual General Meeting - SAKSOFT LIMITED

Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements)Regulations, 2015, we enclose the gist of proceedings of the 23rd Annual General Meeting held on Tuesday, August 09, 2022.

Kindly take the above information on your record.

For Saksoft Limited

Meera Venkatramanan

Company Secretary

Gist of Proceedings of the 23rd Annual General Meeting of Saksoft Limited

Date, Time and Venue of the Annual General Meeting:

The 23rd Annual General Meeting (AGM) of the Company was held on Tuesday, August 09, 2022 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Meeting commenced at 10:30 a.m. (IST) and concluded at 10.49 a.m. (IST)

Proceedings in brief

• Mr. Aditya Krishna, Chairman and Managing Director, Chaired the Meeting.
• The requisite quorum being present, the Chairman called the Meeting to order.
• The Chairman informed that the Meeting was held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
• The Chairman informed that remote e-voting commenced from August 05, 2022 (9.00 AM) and ended on August 08, 2022 (5.00 PM).
• The following items of the Business as set out in the Notice convening the 23rd Annual General Meeting were commended for Members consideration and approval:

Ordinary Business:-

1. Consideration, approval and adoption of (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Report of Auditors thereon.
2. Consideration and approval of a Final Dividend of 30% on Equity Shares for the Financial Year 2021-22.
3. Approve a Director in place of Ms. Kanika Krishna, who retires by rotation and being eligible seeks re-appointment.
4. To approve the re-appointment of Statutory Auditors of the Company.

Special Business:-

1. a. To consider the Sub-Division of Equity Shares of the Company.
   b. To consider and approve alteration of Capital Clause of the Memorandum of Association of the Company.
2. To consider and approve the Commission and Sitting fees paid to Non Executive Directors (including Independent Directors):
3. To consider and approve the request received from M/s. Sonnet Trade & Investments Private Limited belonging to "Promoter & Promoter Group" for reclassification to "Public category"

Clarifications were provided to the queries raised by the Members.

• The Chairman also informed the Members that Mr. V. Suresh, Practicing Company Secretary has been appointed as Scrutiniser to scrutinize the voting through electronic means (i.e. remote e-voting and voting at the meeting by using electronic system).

The Chairman also informed the Members that the results of e-voting shall be disseminated to the Stock Exchanges and also uploaded on the website of the Company, within two working days from the conclusion of the Annual General Meeting.

Voting by Members

• The Company had provided remote e-voting facility to its Members to cast votes electronically on all the items of Business set out in the Notice.
• Further, the facility to vote on resolutions through electronic voting system at the Meeting was made available to the Members who participated in the Meeting and had not cast their votes through remote e-voting.

The results of e-voting shall be intimated to the Stock Exchanges by the Company separately.

This document does not constitute the entire Minutes of the proceedings of the Annual General Meeting of the Company.

For Saksoft Limited

Meera Venkatramanan

Company Secretary