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Website: http://listing.bseindia.com

Ho-425-S September 19, 2020

Manager – Department of Corporate Services,

Bombay Stock Exchange Ltd.,

Registered Office: Floor 25,

P J Towers, Dalal Street,

Mumbai- 400 001

Dear Sir/Madam,

(Scrip Code: 533033, Scrip Id: ISGEC)

Sub: Details of voting results of the 87th Annual General Meeting of the Company held on

September 18, 2020 through Video Conferencing / Other Audio Visual Means, pursuant to the

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

1. In continuation to our letter ref. no. Ho-425-S dated September 18, 2020, combined voting results (i.e.

result of remote e-voting and e-voting at the AGM) as required under Regulation 44 of the Securities

& Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

(SEBI Listing Regulations) is enclosed as Annexure-I.

2. Consolidated Report dated September 19, 2020, from the Scrutinizer on combined voting results,

pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies

(Management and Administration) Rules, 2014, as amended, is enclosed as Annexure-II.

3. The voting results in XBRL mode as per BSE circular no. DCS/COMP/20/2016-17, dated 18th

January, 2017 are also being filed on the BSE listing center.

4. This intimation is also available on the website of the Company at www.isgec.com

5. You are requested to kindly take the same on record.

Thanking You,

Yours faithfully,

For Isgec Heavy Engineering Limited

(S. K. Khorana)

Executive Director and Company Secretary

Encl: As above.

1

http://www.isgec.com/

PageI of22

General informati(,n about company

Scrip code I 533033

NSE Symbol I MSEI Symbol I ISIN I INE858B01029

Name of the company .

I ISGEC HEAVY ENGINEERING LIMITED

Type of meeting I AGM

Date of the meeting I last day of receipt of postal ballot forms (in case of Postal Ballot) I 18-09-2020

Start time of the meeting I 11:30 AM

End time of the meeting I 12:35 PM

file:///P:/001059%20(Aasha%20Rani)/DATA-1/NEW%20DATA/ISGEC/AGMs/87th%20... 19-Sep-20

Annexure-I

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Page 22 of22

Details of Invalid Votes

Category No. of Votes

Promoter and Promoter Group

Public Insitutions

Public - Non Insitutions

file:///P:/001059%20(Aasha%20Rani)/DATA-1/NEW%20DAT A/ISGEC/ AGMs/87th%20... 19-Sep-20

23

R.K BHALLA&ASSOCIATESCOMPANY SECRETARIES

90, Model Colonv, Yamuna

Email:

Nagar-1 35001(Haryana)Mobile 9873276677

rkbhallacs@yah o o. co m

Consolidated Report of Scrutinizer

lPursuant to Secrion 108 ofthe companies Act,20l3 and Rule 20(a) (xii) ofthe companies(Management and Administration) Rules, Z0t+, as amenaed]

lo.The Chairman .

Isgec Heavy Engineering LimitedRadaur Road, Yamuna Nagar, Haryana_135001.

MeetingDate & TimeDeemed VenueMode

Dear Sir.

87d'Annual General MeetingFriday, S€ptember 18, 2020 at I l:30 a.m. (lST)Radaur,Road, Yamunanagar- | 35001 , HaryanaVideo Conlerencing (,'VC,')/Other Audio _Visual Means("oAVM'.1

I' Rajinder Ku'ar Bha[a, company secretary in practice have been appointed as scrutinizer by*,?:::l-:f.pl'::tol: of rsgec Heavy Engineering Limited (the c";;";tj i";;'iu[o." or)crurrnrzlng the remote e-vo_ting and e-voling conducted at the gTtrr RilM, pur.uant'to th.p..visions of Section r08 of the companies lct, 20r3 and Rule 20 & 2I or'tr.,. Con-',puni".(Management and Administration) Rures, 2014, as amended, read with General circular No.1412020 dated Aprir 8, 2020, cenerafCircurar No. tz /z0io dated April 13,20;o unJt"n".utcircular No. 2012020 dated May 5, i020 issued uy ttre tVinistry bf borporate enul., u"a ,rr.circuiar dated Ma1' I2, 2020 issued by the Securities and Exchange Board of India (SEBI)(hereinafier ref'e.red to as the "circurars") that provide Ja,ration ror the manner in which theACM shali be held and conducreo.

'l-he circu lars inter-alia provide for reraxation in the manner in which the AGM wilr be heldincluding..the.manner of sending the Notices and Annual -Reports

to the sharehorders and themanner of voting at the meeting, which was necessitated on account of the outbreak of covtD _J,9 pandemic Further' pursuant 1o qhese circulars physicat attendance of members had oeen

1j:p:rr.q *i,l irj accordingly the fbcility for appointment of proxies Uy tt,.,".U".,*u, utrodrspensed wirh. Members who attended the meeting through VC or oAVM ,"r. lorni.a ii'tt.pu rpose of reckorr ing the q uorum under section I 03"of the Eornpuni., Act. 201 3.

Ai tlte Scrutinizer. I have to scrutinize:

(i) process of remote e-voting remotely, before theon the dates ref'erred to in the Notice calling the

AGM, using an electronic voting systemACM (" evoting"); and

q

a- ( c.P iv^-i. , ''-^\ "--u(oj.,-%).'.- )tn"'\ qo, \'. --. r(' ,l*ar l"urcrr'\\ )-

Annexure-II

24

(ii) process ofe-voting at the AGM through electronic voting system (',evoting").

l Cut-off Date:

The Shareholders of the company as on the "cut-off' date, as set out in tle Notice, i.e.,Saturday, September 12,2020 were entitled to vote on the resolutions (item nos. 1 to 9 as setout in the Notice calling the AGM) and their voting rights were in propbrtion to their share inthe paid-up equity share capital of the Company as on the cut_off daie.

-

lll,

The votes cast, through 'remote e-voting and e-voting conducted during the meeting werereconciled with the records maintained by the company/ Registrar and rrinsfer Agents"of theCompany and the authorizations lodged with the Company..

4, Besults:

I submit herewith the Consolidated Scrutinizer's Report on the results of the remote e-voting ande-voting ar ACM:

2. Remote e-voting process:-

lt.

The remote e-voting period remained open from Tuesdpy, September 15, 2020at 09:00a.m. (lST)to Thursday, September 17,202A at 05:00 p.m. (IST).

i.The votes cast were unblocked ori Friday, September lg, 2020 after the conclusion oftheAGM and was witnessed by two witnesses, who ard not in the employment of theCompany. :'

Thereafter, the details containing, inter-alia, list of equity shareholders, who voted ',for"and "against", wefdbwnloaded from the e-voting website of NSDL.

3. E-.votins process at the AGM:

After declaration of cotnmencement of e- voting during the conduct of the AGM, theMembers wlrp had not voied ifirough the remote

-e-votin! p.o""., were instructed to cast

their vote on the e-voting platform provided by NSDL.

ii. Thereafter, the details containing, inter-alia, list of equity sharehorders, who voted ,,for,,

and "against", were downloaded from the e.voting platform pcovided by NSDL.

25

Item No. I of the Notice- ORDINARY RESOLUTION:

I . To receive, consider and adopt:

(a) the audited standalone financial statements ofthe Company for the financial year ended March3l, 2020 together with the reports ofthe Board of Directors and Auditors thereon; and

(b) the audited consolidated financial statements.of the Company for the financial year endedMarch 31" 2020 together with the reports ofthe Auditors thereon.

(A) Voted in favour ofbr against the resolution:

Panicu lars Remote e-voting ande-voting at AGM held rhroughVC/OAVM

% ol Total number of valicrvoles casl

(i) Voted in favour

Number ol .Members

vored |

,t99.9966

Nurrber of votes cast bythem

Aa \)i 1)'1

(ii) Voted against

lrrrmber ol'Members votgd I t 0.0034

Number of votes cast bythem

2,200

(iii) Total

lotal Number of Members I

IZZ 100

Total Number of votes castby them

64,522p23

(B) Invalid votes:

ParticLrlars Remote e-voting ande-voting at ACM held throughVC/OAVM

% of Total number of invalidvotes cast

Total number of Memberswhose votes were declaredinvalid

0 0

Total Number ofsharbsinvo lved

0 -fu0

wE,26

To confirm the payrnent of Interim Dividend @ 2/- per Equity Share of Re. 1/- each already paid

during the financial year 2019-20'

lnvalid votes:(B)

(A) Voted in favour ofor against the resolution:

% of Total number ofvalid votes cast

Remote e-voting and e-voting at AGMheld through VC/OAVM

(i) Voted in favour

99.9965Number of Memhers voted

64,520,673Number of votes cast- bY

Number of Members voted

Number of votes.cast bY

them

Total Number of Membersvotec

64,s22,923. .aTotal Number of votes castby them I

Particulars Remote e-voting and e-voting at AGMheld throush VC/OAVM

% of Total number ofinvalid votes cast

Total number of Members

whose votes were declafed

invalid

0 0

Total Number of shares

involved

0 0

27

Item No.3 of the Notice-ORDINARY RESOLUTION:

To appoint a Director in place of Mr. Ranjit Puri iDIN: 00052459), who

being eligible, offers himself for re-appointment.

(A) Voted in lavourofor against the resolution:

Invalid votes: I

retires by rotation and

.a:

r/R\

Parlicu lars Remote e-voting and e-voting atAGM held throush VCIOAVM

%o of Total number of validvotes cast

(i) Voted in favour

Number of Members voted 310 99.9882

Nunrber of votes cast bythem

18,648,126

(ii) Voted ggainst

Number of Members voted I 0.0118


2,2A0

( iii) Total

Total Number of Membersvoted

311 100


18,650,326

Part icu lars Remote e-voting and e-voting atAGM held through VC/OAVM

% of Total number ofinvalid votes cast

TotaI number of Members

whose votes were declared

invalid

0 0


involved0 0

28

Item No. 4 of the notice-SPECIAL RESOLUTION:

Re-appointment of Mr. Sidharth Prasad (DIN: 00074194) as


an Independent Director:

Pafticu lars Remote e-voting and e-voting atAGM held through VC/OAVM

% of Total number ofvalid votes cast

(i) Voted in favour

Number of Members voted JZ,l 99.9966

Nr:mber of votes cast bytnem

64,520,723

(ii) Voted against

Nurnber of \4embers voted I 0.0034


(iii) Total

Total Number of Mem6€iSvoted

322 100

Total. Number of votes castby tnem

64,522,923

,(B) lnvalid votes:

Particulars Remote e-voting and. e-voting atACM held throudr VC/OAVM

%o of Total number ofinvalid votes cast

Total'number of Memberswhose votes were declared. ,. ilnva||o

0 0


involved0 0

29

Re-appointment of Mr. Vishal KirtiKeshav Marwaha (DIN:

Director:

(A ) Voted in lavour ofor against the resolution:

lnvalid votes:

00164204) as an Independent

I

(B)

Remote e-votingvoting at AGM heldVC/OAVM

and e-tnrough

% of Total number of valid votescast

(i) Voted in favour

Number ol votes cast bytnem

64,520,673 ,

Number o1' Members voted


(iii) Total

Total .Number of Membersvoteo

Total Number of vo6s castby them

Particulars Remote e-voting ande-voting at AGM heldthrough VC/OAVM

o/o of Total number of invalid votescast


0 0

lotal N um ber ot shares

involved0 0

za--;*1s..

4";Y'::{'"\+ (' vevure \t6

'1.ii3$(riSr-" (/ v30

(A) Voted in l'avour of or against the resolution:

Particulars Remote e-voting and e-voting at AGM held throughVC/OAVM

% of Total number of valid votescast

(i) Voted in favour

Number ol'Membqrs voted I 305 _ 88.9320

Number of votes cast;.bythem

16,586,152

(ir) Voted against

Number of Members voted 7 1 1.0680


2,064,214

(iii). Total

Total Number of Mem6€Kvoted

J LZ 100


r 8,6s0,366

',(q) Invalid votes:

Particulars Remote e-voting ande-voting at AGM heldthrough VC/OAVM

oh of Total number of invalid votescast


0


involved0 0

31

Item No. 7 of the notice-SPECIAL RESOLUTION:


(B) . lnvalid votes:

Particulars Remote e-voting an{ e-

voting at AGM held throughVC/OAVM

% of Total number of valid votes

cast

(i) Voted in favour

Number of Members voted 281 57.0r7.0


10,660,275

( ii) Voted against

Number of Members voted 33 - 42.9830


8,036,401

{iii) Total

I otalvoted

Number of Members 314 '100

Total Number of v6tes castby them

18,696,676

Particu lars Remote e-voting and e-voting at AGM held throughVC/OAVM

% of Total number of invalid votescast

'lotal number of Memberswhose votes were declared

invalid

0 0


involved

0 0

ffi:.:t'ii&i,"1:'i:i-u;/"9

M32

2020:


Remote e-voting and e-

{,Hfffii,"t herd through

Yo of Total number of ualid uotes

(i) Voted in favour

N um ber of Membels voted

Number of uotes cusr $ythem

64,520,523

(ii) Voted against

Number of Members voted

Number of votes cast byIhen]

Total Number of M"tn Uers

Total Number of' uotes castbythem I

64,522,923

(B) Invalid votes:

Pafticulars

I otal number of Memberswhose votes were declaredin valid

Remote e-voting and e-voting at AGM held throuehVC/OAVM__----0-

o/o of Totql number of invilid-votescast

-

0

l oral 1\umber ot sharesinvolved

fiffi^\.c

P Noq?dcl,/to

'Q:>"-"x/V Ml0

33

Item No.9 of the notice-ORDINARY RESOLUTION:

Ratification of remuneration of the cost Auditors for the financial year endins March 31.2021:'


(B) Invalid votes:

Paniculars Remote e-voting and e-voting at AGM held throughVC/OAVM

%io of Total rnrmber of valid votescast

(i) Voted in favour



- 64,520,523 '

(ii) Voted against



2,4Q0 ;' !

(iii) Total ..i!'. -

Total Number of Membersvoted

322 100


,

64,522923

.a

Partidulars Remote e-voting ande.voting at AGM held throughVC/OAVM

% of Toral number of invalid votescast

Total number of.Members-whose votes were declared

invalid

0 0

fotal Number of shares

iivblved0 0

Accordingly, all resolutions except Resolution No. 7 mentioned

34

Thanking You;

Yours faithfully,

For R.K. Bhalla &'Associates

Raj inder Kumar Bhalla(Proprietor)ACSNo:10525CP:. No: 7360

<sr. '-Dated: 19.09.2020P lace: Yamunanagar, Haryana.

UDIITI number AO 10525B000Z97966

5. Electronic data and relevant Records:

AII electronic data and relevant recordsCompany Secretary for safe keeping.

relating to e-voting were sealeo ano nanded Over to the

',

l2

35

Documents

Uploaded on BSE Limited Website: ... · pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014, as amended,