• : ÷91-79-232270M Fax 4-91-19 232210GS • : info@alteshinfra.ocgri • iitteneiskaShinfra_cam Regd. Office: 2, G-F_, Abhishek Buithns, Opp, Hotel Hayek, Sector-11, Gandhluagar-382011 . Gujarat. (INDIA)

CAN JASOGitBSWL01311393

Date: 10th June, 2019

• AKASH

iNfRA.PROJECTS LTD. BIADERS Of MAME ROADS

To, National Stock Exchange of India Limited (SME) Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 SYMBOL : AKASH

Dear Sir,

Sub.: Intimation of the voting result of the resolution proposed by way of postal ballot as per Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,

With regard to the captioned subject matter, we would like to inform that the resolution mentioned in the postal ballot notice for migration of the shares of the Company from SME Emerge platform of NSE to Main Board of NSE has been passed unanimously. The resolution shall be deemed to have been passed on the last date of receipt of the postal ballot form i.e. on Saturday 8th June, 2019.

We enclose herewith the results of voting along with the Scrutinizer's Report for the same.

Kindly take the same on your records.

Thanking you,

Yours faithfully,

FOR AKASH INFRA-PROJECTS LIMITED

rat.)

PRIYANKA MUNSHI COMPANY SECRETARY

Encl: As above

th. : ial-79-23Ell&lBFa' : {+l-t6 SE OIF6rr*:m€*ffi,ssb: $r,grFr$dlBG,*A c5- t!f|i*k AiS$b.HoHlbd.ss.fr,O'dFdtrt*sgar-38201 I,Gsts rsl. tl|lAl*)f,r,*milmrHr

. Date: 10tt June, 2019

To,National Stock Exchange of India Limited (SME)Exchange PIaza,

Bandra Kurla Complex,Bandra (EastJ,

Mumbai - 400 051SYMBOL: AKASH

Dear Sir.

.iKASlilllffiAr-ret[gf$[r{}.ssB,orF,nesmADS

I

e"r

o". R"gor",ion ++ of srBI rli.aing obrig"ain* "rrd

lir.6*iEi ri."-ilrro.tRegulations. 2015.

with regard to the captioned subject matter, we would like to inform that the resoluuonmentioned in the postal ballot notice for migration of the shares of the company r.o--sueEmerge platform of NSE to Main Board of nse has been passed unanimously. Th" .".oiuuonshall be deemed to have been passed on the last date ofr"ieipt ortne postal balrot form i.e. onSaturday 8th June, 2019.

we enclose herewith the results ofvoting along with the scrutinizer,s Report for the same.

Kindly take the same on your records.

Thanking you,

Yours faithfully,

FOR AKASH INFRA-PROJECTS LIMITED

PRIYANKAMUNSHICOMPANY SECRETARY

Encl: As above

Oh. +91-79-23227006 Fait : +91-79 23231006 Said: Infoillakashinfra.com Web www akashinfra.coin

Road. Office: 2, G-F., Abetshek Opp. Hotel Haveli, Sear-11, GancItiinagar-3820 1 1. Gujarat. (INDIA)

GIN 4452MG.J199913LC0351303

Voting Results

AKAS INFRA- PROJECTS LIT; BUILDERS Of REUARLE ROADS

Date of Postal Ballot

1. date of Postal ballot notice 2. date of declaration of results of postal ballot

8th June, 2019 (last date of receipt of the postal ballot shall be deemed to be the date of passing of the resolution)

1.5t May, 2019 10th June, 2019

Total No. of shareholders as on record date (Cut-off date i.e. 3rd May, 2019) for the purpose of ascertaining the eligible members to whom the notice of the postal ballot be sent and also for the purpose of reckoning voting rights.

155 Shareholders

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

N.A. as the resolution is passed through Postal Ballot.

-Promoters and Promoter Group - Public No. of Shareholders attended the meeting through Video Conferencing -Promoter and Promoter Group -Public

N.A.

VOTING DETAILS AGENDA WISE

Item No. - 1 Migration of the Shares of the Company from SME (Emerge) Platform of NSE to the Main Board of NSE.

Resolution Required SPECIAL RESOLUTION Whether Promoter / Promoter group are interested in the agenda / resolution

No

Category Mode of Voting

No. of shares held (1)

No. of votes polled

(2)

% of votes polled on outstan d-ing shares

(3)= 1(2)/(1) 1*100

No. of votes in favour

(4)

No. of votes

against

(5)

% of votes in

favour on votes polled

(6) = [(4) 1(2)1* 100

% of votes

against on votes polled

(7) = [(5) /(2)1* 100

Promoter and Promoter

Group

E- voting

1,25,77,468 0 0 0 0 0 0

Poll N.A. N.A. N.A. N.A. N.A. N.A. Postal Ballot

1,19,10,798 94.69 1,19,10,798 0 100 0

Total 1,25,77,468 1,19,10,798 94.69 1,19,10,798 0 100 0

Public - I nstitutions

E- voting

0 0 0 0 0 0 0

Poll N.A. N.A. N.A. N.A. N.A. N.A. Postal Ballot

0 0 0 0 0 0

Total 0 0 0 0 0 0 0

Ig*5;i

r*r'nA-Pnol8cr5lTD.n$Dgsormr &€ KAD6

Fh" : *$1-?+e$glt0$Fe : !81-tB &31006€tr.:rftF{.t#OomllEb : ra"&r*r.slErLo6cr:a a.F- a!a*n a( qr.ftg,Sp, l.lobl l{od, S..b-11,Gardtii*e!.f-3820I t,€siar3t. {llrlDlA}t|[,*ffi,m.0m Voting Results

Date of Postal Ballot

1. date ofPostal ballot notice2. date ofdeclaration ofresults of

8s June, 2019 (tast date oFreceipt of thepostal ballot shall be deemed to be tire date ofpassing of the resolution]

Lst May,2Ol9l0tr,fune,2019

Total No. of shareholders as oniecddliielcitiFlate-i.e. 3d May, 2079) for the purpose of ascertaining theeligible members to whom the notice of the postal b"allotbe,sent and also for the purpose of .e.toninj uoiing

No. of shareholders presen-ln t|e--GEig-iilf,EiE N.A. as the resolution is passed throQh

-Promoters and Promoter GrouD- PublicNo. of Shareholders attended the meElinlth-roigh-EldConferencing

_fffi,". "na Oromoter croup

VOTING DETAILS AGENDA WSE

Item No. - 1

Resolution Reouired

Migration of the Shares of ttr" Colnpuny f.ornJf"f e(Emerge) Platform ofNSE to the Main Board ofNSE.

-

whether promoterT rr@resolution

Jr.EUTAL RESOLUTION

No

Category Mode ofVoting

No. of sharesheld (1)

No. ofvotespolled

(21

I o/o of

I votespolledonoutstand-ingshares

(s)=IQ)/g)l{'100

No. ofvotesin favour

(4)

No. ofvotes

agaitrst

(s)

o/o ofvotes in

favour onvotespolled

(6) = I(4)/(2)t,100

o/o ofvotes

againston votespolled

(71 = t(s)/(2)l*100

Promoter andPromoter

Group

E-votlns

1,,25,77,468 0 0 0 0 0 0

Pnll N.A. N.A. N.A. N.A. N.A. N.A.PostalBallot

L,l9,70,798 94.69 7,1-9,70,798 0

0

0

N"A"

100 0

Total I,25,77,46A t,rg,10,79A 94.69 L,19,LO,798 100 0

Public -Institutions

E.votins

0 0 0 0 0 0

Poll Ne. N.A. N.A.PostalBallot

N.A. N.A.

0 0 0 0 0 0

Total 0 0 0 0 0 0

: *91-79-23227006 Fax : 401-70 23221008 E-mail : Iito@ialcashinfra.corn Web wwwzkashinfracom

Regd. Office: 2, G.F., Atthishei( Budding, Opp. Hotel i eJi. Sac:tor-11, Gandhinagar-382011, Gujarat. (INDIA)

• AKASI-4

INFRA- PROJECTS LTD BUILDERS OF RELIABLE ROADS

Pudic -Non-- Institutions

E - voting

42,85,066 17,14,000 40.00 17,14,000 0 100 0

Poll N.A. N.A. N.A. N.A. N.A. N.A. Postal Ballot

13,87,734 32.38 13,87,734 0 100 0

Total 42,85,066 31,01,734 72.38 31,01,734 0 100 0 Total 1,68,62,534 1,50,12,532 89.03 1,50,12,532 0 100 0

Note: The aforesaid resolution has been unanimously passed as a Special Resolution as per the requirement of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended from time to time whereby the votes cast by the shareholders other than the Promoters in favour of the resolution amount to at-least two times the number of the votes cast by shareholders other than the Promoter shareholders against the resolution.

For AKASH INFRA-PROJECTS LIMITED

PRIYANKA MUNSHI COMPANY SECRETARY

Ph. : igt-t9-2$nt{r0aFlDa : .'|{l*tg &E{008Fd:F|*irlfr.mb: r*5rxr'dlhd.Sde C.F. Al*fr( Aaihg,qo Hga.l i{€'d. S.&.1f .€*dtrlrtg.r-3teet 1,Oirrarrt. tlXtllA)

g,,tSFllt*F,*4,-P*OtErmS1rI},U,IDBSSGIAEI RO,iDS

Public - Non-Institutions

E-vohns

42,85,066 L7,14,000

N.A.

40.00 17,74,000 0 100 0

PollPostalBallot

N.A. N.A. NA N.A. N.A,13,87,734 2) 2a 13,87,734 0 100 0

Total 42.A5.06(, 3t,0t,734 72.38 3t,01,734Total

o 100 0r,6u.62.534 L,5O,t2,532 89.03 r,so,r2,s32 o 100 0

Noter The aforesaid resolution l": b","1 unanimously passed as a Speciar Resolution as per therequirement of SEBI (rssue of capital

"na ur.toru.e n.{rf"."nt"; Regulations, 201g as amended from

time to time whereby the votes .art uy th" strar;;il:;; other than rhe promoters in favour of theresolution amount to at-least two time; the nu'nu.. or-ir,a votes cast by shareholders other than thePromoter shareholders against the resolution.

-----" "' l"'

For AKASH TNFRA-PRO|ECTS LIMITED

@^^"9PRIYANKAMUNSHI

COMPANY SECRETARY

PARIKH DAVE& ASSOCIATES COMPANY SECRETARIES

5-D, 5th Floor, Vardan Exclusive, Next to Vimal House, Nr. Stadium Petrol Pump,

Navrangpura, Ahmedabad - 380014. +91-79-2640 5454, 2640 1122, info@ parikhdave.com

www.parikhdave.com

To, The Chairman, AKASH INFRA-PROJECTS LIMITED CIN: L45209GJ1999PLC036003 2,Ground Floor, Abhishek Complex, Opp. Hotel Haveli, Sector-11, Gandhinagar -382011

Dear Sir,

Sub: Consolidated Scrutinizer's Report on voting through Postal ballot and through remote l;-voting conducted pursuant to the provisions of Section 108 and 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014.

I, UmeshG. Parikh, partner of Parikh Dave & Associates, Practicing Company Secretaries, having office at 5-D, Vardan Exclusive, Next to Vimal House, Nr. Stadium Petrol Pump, Navrangpura, Ahmedabad -380014 have been appointed as a Scrutinizer by the Board of Directors of AKASH INFRA-PROJECTS LIMITED ('the Company') to ensure that the process of Postal ballot and E-votingisconductedin compliance with the provisions of Section 108 and 110 of the Companies Act, 2013 ('the Act') read with Rule 20 and 22of the Companies (Management and Administration) Rules, 2014 including any statutory modification or re-enactment thereof for the time being in force in respect of the resolution contained in the Notice of the Postal ballot dated 1stMay, 2019 as circulated to the members.

The compliance of the provisions of the Companies Act, 2013 and the Rules made thereunder relating to voting through postal ballot and electronicprocess by the shareholders on the resolution proposed to be passed as contained in the Notice of the Postal Ballot is the responsibility of the Management of the Company. My responsibility as a scrutinizer is to ensure that the voting process through postal ballot and E-voting is conducted in a fair and transparent manner and to provide Scrutinizer's Report of the votes cast "In favour" or "Against" the resolution to the Chairman.

I submit my report as under:

1. As per the provisions of Section 108 and 110 of the Act, read with the relevant Rules framed thereunder, a Notice of the Postal Ballot along with the Explanatory Statement as required under Section 102 of the Act, was sent to all the entitled members of the Company along with the postal ballot forms for passing of the proposed resolution for migration of the shares of the Company from SME (Emerge) Board of NSE to Main Board of NSE.

2. The Company completed dispatch of Notice of Postal Ballot along with Postal ballot forms and prepaid postage business reply envelope on Thursday, 9thMay, 2019to all its entitled members / beneficiarieswhose name appears in the Register of Members as on the cut -off date i.e.3rd May, 2019.

3. The members holding Shares as on "cut-off date" i.e.3rd May, 2019 were only entitled to vote on the resolution as contained in the Notice of the Postal ballot dated 1st May, 2019.

4. The voting by postal ballot and through electronic means (e-voting) was kept open from 9.00 A.M. (1ST) on Friday,10th May, 2019 to 5.00 P.M. (1ST) on Saturday,8th June, 2019and thereafter the CDSL e-voting platform was blocked.

PARIRII DAVE& ASSOCIATESCOMPANY SECRETARIES

5-D, 5e Floor, Vardan Exclusive,Next to Vimal Housq Nr, Stadium Petrol Pump,

Nawangpura, Ahmedabad - 380014.+91_79-2640 5,154, 2640 7722, info@ parikhdave.com

To,The Chairman,AKASH INFRA.PROJECTS LIMITEDCIN: 145209GI1999PLC0360032,Ground Floor, Abhishek Complex,Opp. Hotel Haveli, Sector-11,Gandhinagar -382011

Dear Sir,

Sub: Consolidated Scrutinizer/s Report on voting through Postal ballot and through remote E-

voting conducted pursuant to the provisions of Section 108 and 110 of the Companies Act,2013 read with Rule 20 and 22 of the companies (Management and Administration) Rules.2014.

I, UmeshG. Parikh, partner ofParikh Dave & Associates, Practicing Company Secretarieg having officeat 5-D. Vardan Exclusive, Next to Vimal Housg Nr. Stadium Petrol Pump, Nawangpur4 Ahmedabad -380014 have been appointed as a Scrutinizer by the Board of Directors of AMSH INFM-PROJECTSLIMITED ('the Company') to ensure that the process of Postal ballot and E-votingisconductedincompliance with the provisions of Section 108 and 110 of the companies Act, 2013 ('the Ad) readwith Rule 20 and 22of the Companies (Management and Administration) Rules, 2014 including anystatutory modification or re-enactment thereof for the time being in force in respect ofthe resolutioncontained in the Notice ofthe Postal ballot dated l$May, 2019 as circulated to the members.

The compliance ofthe provisions ofthe Companies Aa, 2013 and the Rules made thereunder relatingto voting through postal ballot and electronicprocess by the shareholders on the resolution proposed

to be passed as contained in the Notice ofthe Postal Ballot is the responsibility ofthe Management ofthe Company. My responsibility as a scrutinizer is to ensure that the voting process through postalballot and E-voting is conducted in a fair and transparent manner and to provide Scrutinizer's Reportofthe votes cast "ln favour" or 'Against'' the resolution to the Chairman.

I submit my report as under:

1. As per the provisions of Section 108 and 110 of the Act, read with the relevant Rules framedthereunder, a Notice ofthe Postal Ballot along with the Explanatory Statement as required underSection 102 ofthe Act, was sent to all the entitled members ofthe Company along with the postalballot forms for passing of the proposed resolution for migration of the shares of the Companyfrom SME [Emerge) Board of NSE to Main Board ofNSE.

2. The Company completed dispatch of Notice of Postal Ballot along with Posal ballot forms andprepaid posage business reply envelope on Thursday, thMay, 2019to all its entitled members /beneficiarieswhose name appears in the Register of Members as on the cut -off date i.e.3.a May,2019.

3. The members holding Shares as on "cut-off date" i.e.3rd May, 2019 were only entitled to vote onthe resolution as contained in the Notice ofthe Postal ballot dated 1* May,2019.

4. The voting by postal ballot and through electronic means fe-voting) was kept open from 9.00 A.M.(lST) on Friday,1otr May,2019 to 5.00 P.M. (ISTJ on Saturday,Sd' June, 2019and thereafter theCDSL e-voting platform was blocked.

PARIKH DAVE & ASSOCIATES COMPANY SECRETARIES

//2//

5. The votes cast under remote e-voting facility were unblocked on Saturday 8th June, 2019 at around 5.10 P.M. (IST) in the presence of two witnesses Mr. Bhavik Parikh and Ms. Neha Singh who were not in the employment of the company.

6. All Postal Ballot Forms received and all the voting done through electronic means on or before the last date determined for receipt of postal ballot forms i.e. 8th June, 2019upto5.00 P.M.were considered for scrutiny.

7. No envelope containing the Postal Ballot Formhas been received after 8th June, 2019.

8. Two envelopes containing the Postal Ballot Forms were returned undelivered in respect of two shareholders holding 2,000 shares each.

9. With regard to the postal ballot, the ballot papers were diligently scrutinized by me and were reconciled with the records maintained by the Company / Registrar and Transfer Agent. The votes tendered through remote E voting were also scrutinized by me, based on CDSL E-voting portal / system. The voters were also scrutinized for the purpose of eliminating the duplicate voting i.e. through remote E voting as well as through postal ballot.

10. Particulars of all the postal ballots received and voting done through electronic means by the members have been duly entered in the separate register maintained for the purpose.

11. No ballot paper was found in defaced or mutilated condition.

12. No ballot paper was found defective.

13. Consolidated report on the remote E-voting and voting through postal Ballot is as under:

SPECIAL RESOLUTION:

Migration of the Shares of the Company from SME (Emerge) Platform of NSE to the Main Board of NSE:

Category Particulars Number of members voted

Number of votes cast % of total valid votes cast

Remote e-voting

Postal ballot

Total Remote e- voting

Postal ballot

Total

Promoter and

Promoter Group

Voted in favour of resolution

0 15 15 0 1,19,10,798 1,19,10,798 100

Voted against

resolution

0 0 0 0 0 0 0

Invalid votes 0 0 0 0 0 0 0 Total votes

received 0 15 15 0 1,19,10,798 1,19,10,798 100

Public Voted in favour of resolution

6 21 27 17,14,000 13,87,734 31,01,734 100

Voted against

resolution

0 0 0 0 0 0 0

Invalid votes 0 0 0 0 0 0 0 Total votes

received 6 21 27 17,14,000 13,87,734 31,01,734 100

Total 6 36 42 17,14,000 1,32,98,532 1,50,12,532 100

QP~DAVE & ASSOC

/4)se. AHMEDABAD ̀1"

Co cM•5*

41PANYSECREIr N-

PARIRII DAVB & ASSOCI,ATESCOMPANYSECRETARIES

//21/5. The votes cast under remote e-votinS facility were unblocked on saturday 8d' June, 2019 at

around 5.10 P.M. 0ST) in the presence of two witnesses Mr. Bhavik Parikh and Ms. Neha Singhwho were not in the employment of the company.

6. Alt postal Ballot Forms received and all the voting done through electronic means on or beforethe last date determined for receipt of postal ballot forms i.e. 8n June, 2019upto5'00 P.M.wereconsidered for scrutinY.

7. No envelope containing tlle Postal Ballot Formhas been received after 8tr June, 2019'

g. Two envelopes containing the Postal Ballot Forms were returned undelivered in respect of twoshareholders holding 2,000 shares each.

9. With regard to tle postal ballo! the ballot papers were diligently scrutinized by,me and werereconciled with the records maintained by the Company / Registrar and Transfer Agent Thevotes tendered through remote E voting were also scrutinized by me, based on CDSL E-votingportal / system. The voters were also scrutinized for the purpose of eliminating the duplicatevoting i.e. through remote E voting as well as through postal ballot.

10. particulars of all the postal ballots received and voting done through electronic means by themembers have been duly entered in the separate register maintained for the purpose,

11. No ballot paper was found in defaced or mutilated condition.

12. No ballot paper was found defective.

13. Consolidated report on the remote E-voting and voting through postal Ballot is as under:

SPECIAI RESOLUTION:

Migration of the Shares of the Company from SME (Emerge) Platform of NSE to the Main Board ofNSE:

Category Particulars Number of membersvoted

Number ofvotes cast o/o ottotalvalidvotescast

Remotee-votitrs

Postalballot

Total Remote e-voting

Postalbdlot

Total

Promoterand

PromoterGroup

Voted infavour of

resolution

0 IJ 15 0 I,L9,10,798 1,t9,10,794 100

Votedagainst

resolution

0 0 0 0 0 0 0

Invalid votes 0 0 0 0 0 0 0Total votes

receiYed0 15 15 0 L,19,1O,794 r,tg ,1,0 ,794 100

Public Voted infavour ofresolution

6 2l 27 17,14,000 13,87,734 3L,01,734 100

Votedagainst

resolution

0 0 0 0 0 0 0

lnvalid votes 0 0 0 0 0 0 0Total votes

received6 2l 27 17,14,000 13,a7,734 3L,O1,734 100

Total 6 36 42 t7,t4,ooo L3294,532 L,SO,t2,S32 100

PARIKH DAVE & ASSOCIATES COMPANY SECRETARIES

Oil

A Compact Disc (CD) containing a list of equity shareholders who voted "FOR", "AGAINST" and those whose votes were declared invalid (if any) for the resolution is enclosed.

All relevant records of Postal ballot forms, electronic voting and other related papers / registers etc. are under my safe custody and the same will be handed over to the Company Secretary of the Company for their preservation after the Chairman considers, approves and signs the Minutes.

Thanking You, Yours Faithfully, Countersigned For Parikh Dave & Associates

Place: Ahmedabad Date: 10thJune, 2019

Umesh G. Parikh Yoginkumar H. Patel Partner Chairman & Managing Director

Practicing Company Secretary F.C.S.: 4152 C.P. No.: 2413

Scrutinizer

PARIIQ DAVE & ASSOCXATES

COMPANYSECRETARIES

il|ilA Compact Disc (CD) containing a list of equity shareholders who voted "FOR", "AGAINST" and thosewhose votes were declared invalid (if any) for the resolution is enclosed.

All relevant records of Postal ballot forms, electronic voting and other related papers / registers etc.are under my safe custody and the same will be handed over to the Company Secretary of theCompany for their preservation after the Chairman considers, approves and signs the Minutes.

Thanking You,

Place: AhmedabadDate: lQttJune, 2019

Yours Falthfully,For Parikh Dave & Associates

\ ll!{-anar.Y'U

-_z

Counterslgned

Chalrman & Managing DirectorUmesh G. Parikh

PartnerPracdclng Company Secretary

F.C.S,:4152 C.P. No.: 2413Scrudnlzer

Yoginkirmar H. Patel