BANG LOWFigfiEAE LTD....Web: www banggroup com Appointment of a Director in place of Mr. Raghvendra Bang (holding DIN 00356811), who retires by rotation at this Annual General Meeting

BANG LOW FigfiEAE LTD.

UNIT NO. 405/406. KEWAL IND. ESTATE, S. B. MARG. LOWER PAREL (W). MUMBAI — 400 013, IND/A - CIN : L51900MH1992PL0067013

Tel; 1-97 22 6660 7965/ 67, 3040 2214/75 .. Fax : +91 22 6660 7970 - email ; [email protected] Web: wwwbanggroup com

September 29, 2018

To To

The General Manager, The Manager,

Department of Corporate Services, Listing DepartmentBSE Ltd. The National Stock Exchange of India Ltd.

PJ. Towers, Dalal Street, "Exchange Plaza”, Bandra-Kurla Complex,Fort, Mumbai- 400 001 Bandra (East), Mumbai- 400 051

Ref: BSE Scrip Code: 532946 and NSE Symbol: BANG

Sub: Disclosure of voting results of the 26th Annual General Meeting (AGM) of the Company

pursuant to Regulation 44 (3) of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015.

Dear Sir / Madam,

With reference to the subject captioned above and pursuant to Regulation 44 [3) of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed voting

results of the 26th Annual General Meeting of the Company held on 28th September, 2018.

Further, we are enclosing the Consolidated Report of the Scrutinizer on e-voting and poll for the

resolutions passed at 26th Annual General Meeting.

We hereby request you to kindly take the same on record.

Thanking You,

Yours faithfully,For Bang Overseas Limite

@Wefi.Trupti Limbasiya VCompany Secretary & Compliance Officer

A41579

Encl: Annexure-I

Page 1 of7

Regd. Office : Masjid Manor. 2nd Floor. 76, How" Mod/ Street, Fort, Mumbai — 400 023, India - Tel: 2204 3496. 2283 4991.

UN/TNO 105/406 KEWAL IND ESYATE/S

Te/ : +912? 6660 7965/07.

v'JBANG\V, C

3040 2214/75 - Fax

Voting Results

‘7E ESE? EASE LTD.

8 MARG. LOWER PAREL (W) MUMBAI- 400 013 INDIA C IN: L51900MH1992PLC067013

+91 22 6660 7970 - emal/ .' [email protected]. Web: wwwbanggroupcom

ANNEXURE- l

Date of the AGM 28th September, 2018

Total No. of shareholders on record date i.e. let September, 2018 4641 Shareholders

No. of shareholders present in the meeting either in person or through 44

proxy:

Promoters and Promoter Group: 4

Public: 40

No. of Shareholders attended the meeting through Video Conferencing Not arranged

Promoters and Promoter Group: -

Public: -

Details of the Agenda and Voting Results:

No. Item No. Resolution Mode of Remark

required voting - E-

Ordinary/ voting & Poll

Special

Ordinary Business:

1. Adoption of Audited Financial Statements for the Ordinary E-Voting and Passed with

year ended 315t March, 2018 together with report Resolution Poll Requisiteofthe Director's and Auditor‘s thereon. Majority

2. Appointment of Director in place of Mr. Ordinary E-Voting and Passed

Raghvendra Bang (holding DIN 00356811), who Resolution Poll unanimously.retires by rotation at this Annual General Meetingand being eligible, offers himself for re-

appointment.

3. Ratification of the appointment of M/s. Bhatter & Ordinary E-Voting and Passed

Company, Chartered Accountants (Firm Resolution Poll unanimously.Registration No. 131092W] as the StatutoryAuditors of the Company and fix their

remuneration.

Special Business:

4. To appoint Mrs. Anuradha Paraskar (DIN: Ordinary E-Voting and Passed with

02331564) as an independent Director of the Resolution Poll Requisite

Company. Majority

5. Approval of related party transactions for the Ordinary E-Voting and Passed with

period upto March 31, 2022. Resolution Poll Requisite

Majority

Page 2 of 7

Regcl. Office .‘ Masjid Manor. 2nd Floor. 76. Hom/ Modl' Street. Fort. Mumbai » 400 023. India - Tel. .' 2204 3496. 2283 4991.

UNIT/V0, 405/406. KEWAL IND. ESTATE S. B MARG, LOWER PAREL (W). MUMBAI — 400 013. INDIA ’ CIN : L51900MH1992PLC067013

Tel +97 22 6660 7965 /6.7. 3040 2214/15 ~ Fax +97 22 6660 7970 - email .' [email protected] Web.‘ www banggroupcom

RESOLUTION NQ. 1

Adoption of Audited Financial Statements for the year ended 315t March, 2018 together with report of the

Director’s and Auditor's thereon.

Resolution required: (Ordinary/ Ordinary Resolution

Special)

Whether promoter/ promoter group No

are interested in the agenda /

resolution:

Category Mode of No. of No. of % of No. of No. of % of % of

Voting shares votes Votes votes -in votes — votes in votes

held polled Polled on favour against favour against

outstand on votes on votes

ing polled polled

shares

(1) (2) (3) = (4) (5) (6) = (7) =

[(21/11)] [(41/12) [(51/12)

*100 ]*100 ]*100

Promoter E-voting 9896368 100 9896368 0.00 100 0.00

and P011 0.00 0.00 0.00 0.00 0.00 0.00

Promoter 9896368

Group Postal 8allot0.00 0.00 0.00 0.00 0.00 0.00

(ifappllcable)

Total 9896368 9896368 100 9896368 0.00 100 0.00

Public— E-voting 0.00 0.00 0.00 0.00 0.00 0.00

Institution

5Poll 1118 0.00 0.00 0.00 0.00 0.00 0.00

Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

'

(ifapplicable)

Total 1118 0.00 0.00 0.00 0.00 0.00 0.00

Public- E-Voting 4716 0.1288 2 199 2517 46.6285 53.3715

N0“. ,

Poll 161080 4.3981 161080 0.00 100 100

Institution 3662514

8 Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

(if applicable)

Total 3662514 165796 4.5268 163279 2517 98.4819 1.5181

Total 13560000 10062164 74.2047 10059647 2517 99.9750 0.0250

4

The above Resolution was passed with Requisite Majority.

Page 3 of7

Regd. Office .' Mas/id Manor. 2nd Floor, 16, Homl' Modi Street. Fort, Mumbai - 400 023. India - Tel. .' 2204 3496, 2283 4991.

RESOLUTION NO. 2

BANG (CME'IEAI

UNIT/V0 405/406, KEWAL IND. ESTATE, S B. MARG. LOWER PAREL (W). MUMBAI — 400 073. INDIA ° CIN : L51900MH1992PLC067013

.. +91 22 6660 7.965 / 6.7, 3040 2274/75 - Fax f +97 22 6660 7970 - email .' bol@banggroup,com

° Web: www banggroup com

Appointment of a Director in place of Mr. Raghvendra Bang (holding DIN 00356811), who retires by

rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.


Special)



resolution:



'


outstandi on votes on

ng shares polled votes

polled

(1) (2) (3) = (4) (5) (6) = (7) =

[(Zl/(1)]* [(4l/(2) [(5l/(2100 ]*100 )]*100

Promoter E-voting 9206768 93.0318 9206768 0.00 100 0.00

and P011 0.00 0.00 0.00 0.00 0.00 0.00

Promo”Postal Ballot

98963680.00 0.00 0.00 0.00 0.00 0.00

Group(if applicable)

Total 9896368 9206768 93.0318 9206768 0.00 100 0.00

Public- E-Voting 0.00 0.00 0.00 0.00 0.00 0.00

:ftltuuo Poll 1113 0.00 0.00 0.00 0.00 0.00 0.00

Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

(if applicable)’

Total 1118 0.00 0.00 0.00 0.00 0.00 0.00

Public- E-Voting 4716 0.1288 4716 0.00 100 0.00

NonPoll 161080 4.3980 161080 0.00 100 0.00

Institutio 3662514

ns Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

(if applicable)

Total 3662514- 165796 4.5268 165796 0.00 100 0.00

Total 13560000 9372564 69.1192 9372564- 0.00 100 0.00

The above Resolution was passed unanimously.

J] q 1374

.k\\ ’N' Page 4 of7

Regd. Office . Masjid Manor, 2nd Floor. 16, Hom/ Mod! Street, F011, Mumba/ - 400 023. India - Tel.: 2204 3496. 2283 4997.

‘[email protected]'\ (EU ‘7) LI") EU I

UNIT NO 405/406, KEWAL IND. ESTATE S B, MARS, LOWER PAREL (W), MUMBAI - 400 013, INDIA ~ CIN : L51900MH1992PLC067013

Te/ .' 4 9‘1 22 6660 7965 /67‘ 3040 2214/15 : Fax‘

+91 22 6660 7970 - email 3 bol@banggroup com- Webfi wwwbanggroup Com

RE Tl NN .

Ratification of the appointment of M/s. Bhatter 8: Co., Chartered Accountants as Statutory Auditors and fixing

their remuneration.


Special)



resolution:






polled

(1) (2) (3) = (4) (5) (6) = (7) =

[(2)/ (UP [(4l/(2) [(5l/ (2

100 ]*100 )]*100_Promoter E-voting 9896368 100 9896368 000 100 0.00

and P011 0.00 0.00 0.00 0.00 0.00 0.00

9896368

:mmomr Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

roupI

(if applicable)

Total 9896368 9896368 100 9896368 0.00 100 0.00

Public- E-voting 0.00 0.00 0.00 0.00 0.00 000

I t‘ t'

“I:It“ ‘0

Poll 1118 0.00 0.00 0.00 0.00 0.00 0.00

Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

(if applicable)

' Total 1118 0.00 0.00 0.00 0.00 ,0.00 0.00

Public- E-voting 4716 0.1288 4716 0.00 100 0.00

NonPoll 161080 43981 161080 0.00 100 0.00

lnstitutio 3662514

ns Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

[if applicable)

Total 3662514 165796 4.5268 165796 0.00 100 0.00

Total 13560000 10062164- 742047 10062164 0.00 100 0.00

The above Resolution was passed unanimously.

Page 5 of 7

Regd. Office : Mas/id Mano/1 2nd Floor, 76, Hom/ Mod/ Street Pod, Mumba/ - 400 023. India — Tel: 2204 3496, 2283 4991.

BANG )E (ii 515°) LTD.

UNIT/VD. 405/406, KEWAL IND. ESTATE. S. B. MARG. LOWER PAREL (W). MUMBA/ ~ 400 013. INDIA 0 CIN . L51900MH1992PLCOB7013

Tel,‘ +91 2; 6660 7.965 [’67, 3040 2214.15 - Fax’

+91 22 6660 7970 .. email: bol@banggroup com ‘ Web: wwwbanggroupcom

RESOLUTION NO. 4_

Appointment of Mrs. Anuradha Paraskar (DIN: 02331564) as an independent Director of the Company.


Special)



resolution:

Category Mode of No. of No. of % of No. of No. of % of °/o of





poHed

(1) (2) (3) = (4) (5) (6) = (7) =

[(2)/(1)l* [PU/(2) [(5)/(2

100 ]*100 )]*100

Promoter E-voting 9896368 100 9896368 0.00 100 0.00

and P011 0.00 0.00 0.00 0.00 0.00 0.00

Fromm”Postal Ballot

98963680.00 0.00 0.00 0.00 0.00 0.00

Group(if applicable)

Total 9896368 9896368 100 9896368 0.00 100 0.00

Public- E-voting 0.00 0.00 0.00 0.00 0.00 0.00

:ftlwuo Poll 1118 0.00 0.00 0.00 0.00 0.00 0.00

Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

[if applicable)

Total 1118 0.00 0.00 0.00 0.00,

0.00 0.00

Public- E-voting 4716 0.1288 2199 2517 46.6285 53.3715

Non'

lnstitutio

Poll3662514

161080 4.3980 161080 0.00 100 0.00

ns Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

[if applicable)

Total 13560000 165796 4.5268 163279 2517 98.4819 1.5181

Total 13560000 10062164 74.2047 10059647 2517 99.9750 0.0250

The above Resolution was passed with Requisite Majority. glfl’sga ‘2,5 - -1”

,

g

,

:

Page 6 01‘8

Regd. Office I Masjid Manor. 2nd Floor, '16. Homf Modi Street. Fort. Mumbai - 400 023. India - Tel; 2204 3496. 2283 4997.

BANG (EN/E E93 EAST? LTD.

UNIT NO. 405/406, KEWAL IND. ESTATE, S. B. MARG, LOWER PAREL (W), MUMBA/ - 400 013‘ INDIA ° CIN . L51900MH1992PLC067013

Tel” +91 22 6660 7965 / 67, 3040 2274/15 .. Fax‘

+91 22 6660 7970 ‘ email : bo/@banggroup.com- Web.’ wwwbanggroupcom

RESQLLJTIQN N9. 5

Approval of related party transactions for the period upto March 31, 2022.


Special)

Whether promoter/ promoter group Yes


resolution:




outstand on votes on votes

ing polled polled

shares

(1) (2) (3) = (4) (5) (6) = (7) =

[Bl/(1)] [(4l/(2) [(5)/(2)

*100 ]*100 ]*100

Promoter E-voting 0.00 0.00 0.00 0.00 0.00 0.00

and P011 0.00 0.00 0.00 0.00 0.00 0.00

2:231“” Postal Ballot9896368

0.00 0.00 0.00 0.00 0.00 0.00

p(if applicable)Total 9896368 0.00 0.00 0.00 0.00 0.00 0.00

Public—, E-voting 0.00 0.00 0.00 0.00 0.00 0.00

Emma" Poll,

1118 0.00 0.00 0.00 0.00 0.00 0.00

Postal Ballot 0.00 0.00 0.00 0.00 0.00 0.00

(if applicable)

Total 1118 0.00 0.00 0.00 0.00 0.00 0.00

Public- E-voting 4716 0.1288 1029 3687 21.8193 78.1806

“onP011 161080 4.3980 161080 0 100 0.00

“15mm"Postal Ballot

36625140.00 0.00 0.00 0.00

,

0.00 0.00

ns(if applicable)

Total 13560000 165796 4.5268 162109 3687 97.7762 2.2238

Total 13560000 165796 1.2227 162109 3687 97.7762 2.2238

The above Resolution was passed with Requisite Majority.

For Bang Overseas

Limitefou"00%;OLw'flgil:“We

:5)Trupti Limbasiya .

Company Secretary & CoWOfficerA41579

Page 7 of 7

Regd. Office : Masjid Manor. 2nd Floor. 16. Homi Modi Street, Fort. Mumbai - 400 023. India — Tel.: 2204 3496, 2283 4991.

I}KOTHARI H. & ASSOCIATES HITESH KOTHARI (LLB, B.Com, FCS)

COMPANY SECRETARIESSONAM JAIN (8.00m, AC8)

CONSOLIDATED REPORT OF THE SCRUTINIZER

[Pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies

(Management and Administration) Rules, 2014 as amended from time to time]

To,

The Chairman,

Bang Overseas Limited

Masjid Manor, 16 HomiModi Street,

Fort, Mumbai — 400023.

Dear Sir,

We, Kothari H. & Associates, Company Secretaries, have been appointed by the Board of

Directors of Bang Overseas Limitedas Scrutinizer for the purpose of:

i. Scrutinizing the remote e-voting process in terms of the provisions of Section 108 of the

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 26th Annual General Meeting (AGM) held on .

28‘hSeptember, 2018 (”AGM”) for all the resolutions contained in the Notice of ACM.

We pleased to submit our report as under, which is comprehensive and self-explanatory in

all respect:

1. The management of the Company is responsible to ensure the compliance with the

requirements of the Companies Act, 2013 and the Rules relating to remote e-voting

on the resolutions contained in the Notice of the AGM of the members of the

Company and at the meeting. Our 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”, if any on the resolutions contained in the

Notice of AGM, based on the reports generated from the e-voting system provided

by Karvy Computershare Private Limited (KARVY), the authorized agency to

provide e-voting facility, engaged by the Company.

2. The Company has completed the dispatch of Notice of Annual General Meeting

alongwith the Annual Report of the Company as on 4”“ September, 2018 to

Fort: 208, P. J. Towers, Dalal Street, Fort, Mumbai-400001, Ph.: 022-2272 1831 /6555 1120

Kandivali: 1415, Ghanshyam Enclave, Laljipada Link Road, Kandivali (West), Mumbai-400067, Ph.: 022-3228

[email protected]

3. Advertisement was published by the Company in English in Financial Express

(Mumbai Edition), dated Wednesday 5th September, 2018 and in Marathi in

Mumbai Lakshdeep dated Wednesday 5th September, 2018.The notice published in

the newspaper carried the required information as specified in Sub Rule 3(V) (a) to

(g) of the said Rule 20.

4. The Company has availed services of Karvy Computershare Private Limited

(KARVY)as the agency for providing the remote e-voting platform.

5. The Voting rights were reckoned as on Friday, 215‘September, 2018, being the cut-off

date for the purpose of deciding the entitlements of members at the remote e-voting

and voting at the Meeting. ,

6. The remote e—voting period was open for three days which commenced on Tuesday,25'h September, 2018 at 09:00 a.m. and concluded on Thursday,27‘h September, 2018

at 5:00 pm. on https://www.evoting.karvv.com/

7. The remote e—voting results on the KARVY E-voting platform were unblocked and

downloaded on Friday, 28th September, 2018 in the presence of two witnesses Mr.

Deepam Shah and Ms. Khadija Lokhandwala who are not in the employment of the

Company and who have signed below in confirmation of the votes being unblocked

in their presence.

8. After the time fixed for closing of the poll by the chairman, ballot boxes kept for

polling were locked in our presence with due identification marks placed by me.

9. The locked ballot boxes were subsequently opened in our presence and poll papers

were diligently scrutinized. The poll papers were reconcile with the records

maintained by the Company/Registrar and transfer agent of the Company and the

authorisations / proxies lodged with the Company.

10. On scrutiny, we report that Total 44 Members attended the Meeting and out of 44

members, 42 members attended in person and 2 members attended in proxy as per

the records of attendance.

11. THE CONSOLIDATED RESULTS OF E-VOTING AND POLL ARE AS UNDER:

The details containing interalz’a, no. of Equity Shareholders, who voted ”for”, ”against”

voting website of KARVY. Taking into account the report from KARVY and physical votingat the AGM the consolidated result with respect to each item on the agenda as set out in the

Notice of the 26th AGM dated 13th August, 2018 is enclosed;

Item No. 1.

Ordinary Resolution: Consider and adopt:a. Audited Financial Statement, reports of the Board of Directors and Auditors

b. Audited Consolidated Financial Statement;

Number of Votes Contained in

0/0 ofRemote e —

voting Voting at the AGM Totaltotal

Particulars Number Number Number validNo. of No. of No. of

of votes of votes of votes votesmember members members

cast by cast by cast by castvoted voted voted

them them them

VotEd in40 9898567 27 161080 67 10059647 99.97

Favour

Voted1 2517 0 0 1 2517 0.03

Against

Abstain / 0 0 0 0 0 0 0.00Invalid

Total41 9901084 27 161080 68 10062164 100.00

Based on the aforesaid results, Ordinary Resolution as contained in item No. 1 has been

passed with requisite majority.

Item No. 2

Ordinary Resolution: Re-Appointment of Mr. Raghvendra Bang (holding DIN 00356811),who retires by rotation at this Annual General Meeting.

Particulars


Remote e —

voting Voting at the AGM Total0/0 of total

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

of votes of votes of votes votes castmember

t bmembers

t bmembers

t bcas cas casvoted

yvoted

yvoted

y

them them them

VOtE—‘d in 40 9211484 27 161080 67 9372564 100.00

Favour

Voted0 0 0 0 0 0 0.00

Against

Abstain / 0 0 0 0 0 0 0.00

Invalid

Total40 9211484 27 161080 67 9372564 100.00


passed unanimously.

Item No. 3.

Ordinary Resolution: To ratify the appointment of Auditors and fix their remuneration.


0/0 Of

Remote e — voting Voting at the AGM Total total


of votes of votes of votes votes

member members memberscast by cast by cast by cast

voted voted votedthem them them

VOtEd in41 9901084 27 161080 68 10062164 100.00

Favour

Voted 0 0 0 0 0 0 0.00

Against

Abstain / 0 0 0 0 0 0 0.00

Invalid

Total41 9901084 27 161080 68 10062164 100.00


passed unanimously.

Item No.4.

Ordinary Resolution: To appoint Mrs. Anuradha Paraskar (DIN: 02331564) as an

Independent Director


Remote e — voting Voting at the AGM Total0/0 of total


of votes of votes of votes votes castmember members members

cast by cast by cast byvoted voted votedthem them them

Voted in40 9898567 27 161080 67 10059647 99.97

Favour

Voted1 2517 o 0 1 2517 0.03

Against


Total41 9901084- 27 161080 68 10062164- 100.00


passed with requisite majority.

Item No. 5.

Ordinary Resolution: To obtain consent of the members of the Company to enter into the

related party transactions by the Company.


Remote e —

voting Voting at the AGM Total0/0 of total


of votes of votes of votes votes castmember members members

cast by cast by cast byvoted voted votedthem them them

VotEd in6 1029 24 161080 30 162109 97.78

Favour

Voted2 3687 0 0 2 3687 2.22

Against


Total 8 4716 24 161080 32 165796 100.00

Documents

BANG LOWFigfiEAE LTD....Web: www banggroup com Appointment of a Director in place of Mr. Raghvendra Bang (holding DIN 00356811), who retires by rotation at this Annual General Meeting