Works:

ClN : L27109TG1989PLCO10654

SATHAVAHANA ISPAT LIMITEDH.O : 505, Block 1, Divyashakti Complex, Ameerpet, Hyderabad - 500 016.

Phones : 2373081214 Fax : +91-40-23730566 E-mail : sathavahana®eth net

web : www.5athavahana com

REF: SIL/SEC/I795/2019 March 26, 2019

To, To,

Bombay Stock Exchange Limited, National Stock Exchange of India Limited,

Corporate Relationship Department, Listing Department,P J Towers, New Trading Ring Regdr Office: “Exchange Plaza",

Rotunda Building. Dalal Street, Bandra Kurla Complex.MUMBAI — 400 001. MUMBAI -400 051.

STOCK CODE: 526093 STOCK CODE: SATIIAISPAT

Dear Sir,

SUB: Announcement of Postal Ballot Results.

Pursuant to Section 1 l0 ofthe Companies Act 2013 and as per applicable rules approval of

the Members ofthe Company was sought by means or Postal Ballot vide Notice dated 15‘"

February 2019 for items set out as below,

Based on the Scrutinizer’s Report dated 26.03.2019 the Chairman has declared the Results of

Postal Ballot as given herein below,

Date ofDeclaration of Results 26.03.2019

Cutoff date 15022019

Total Number ofShareholders as on cutoff 16748

Date

Number of Shareholders present in the NA

meeting either in person or proxy:

a) Promoter & Promoter Group

b) Public

Number of Shareholders attended the NA

meeting through video conferencing:

a) Promoter & Promoter Group

b) Public

Resolutions Passed through Postal Ballot Resolution Mode of Outcome

Type Voting1. Reappointment of Shri. Thanu Kolappa Special E-voting & Passed with

Pillai (DIN: 00123920) as Independent Postal requisite majorityDirector. Ballot

2. Reappointment of Shri. Syed Anis Special E-voting & Passed with

Hussain (DIN 00115949) as Independent Postal requisite majorityDirector,

W 7% Ballot

C ./ ¥2 lease address all the correspondence to head office

Hegd. Off q\ i Rama Krishna Towers Nagariuna Nagar. Hyderabad- 500 073

ommanahal Manual, Anantanur Dist.((2) Kudithini Village. Kutugodu Road. Bellary Dist Karnaraka Stare

Bellnry Ofllce Phones: 242355 242455 242655 Fax 08392- 242955

ClN : L27109TG1959PLC010654

SATHAVAHANA ISPAT LIMITEDH.O. . 505, Block 1, Divyashakn Complex, Ameerpet. Hyderabad - 500 016.

Phones . 2373081234 Fax :+91-40-23730566 E~mai| : salhavahana®ethnel

web : www.5athavahana.com

3. Appointment of Smt. Latha Pamula Special E»voting & Passed with

(DIN: 08358726) as an Independent Woman Postal requisite majorityDirector, Ballot

4 Appointment of Shri Yeda Kiran Kumar Special E-voting & Passed with

(DIN: 08068075) as Small Shareholder Postal requisite majorityDirector. Ballot

Accordingly, the Resolutions as set out in the Postal Ballot Notice dated 15‘h February 2019,was passed by Shareholders with requisite majority as per the Statement ofResults of Postal

Ballot annexed,

Please take the same on record.

Thanking you,

Your's faithfully

/‘

M0.

A.Sainath

Company Secretary & Comp ianee Officer

M.No - AS7553

Note : Please address all the correspondence to head office

Hagd. Office : 314, Sri Rama Krishna Towers. Nagarjuna Nagar, Hyderabad - 500 073.

Works : [1) Haresamudram Village, Bnmmanahal Manual, Anantapur Dist. (2) Kuditmni Villaue, Kurugodn Road. Bellary Dist. Karnataka State

Bellary Office Phone: : 242355. 242455, 242655 Fax 08392 - 242955

1.)

Resolu ResolutionRequired:(OrdinarylSpecial)-Special

Statementof

PostalBallotResults

Whetherpromoter/promoterare

interestedin

the

agenda/resolution?-N0

n

-

Reappointmentof

Shri.ThanuKolappaPillai(DIN

-

0123920)as

IndependentDirector

Category

Modeof

Voting

No.

of

sharesheld

N0.

of

VotesPolled

"/n

01‘

VotesPolledan

Outstanding Shares

No

of

Votes-in

Favour

No

of

Votes-Against

%

of

Votesin

Favouron

VotesPolled

%

of

VotesAgainston

VotesPolled

2

3=(2/1)*100

4

6#/2*100

7=S/2*100

Promater8:

promoter group

E-voting Poll Postalballot(1f

applicable)

18645336

16125336

8614846

16125336

100

0

0

0

o

0

o

2520000

135154

2520000

0

100

o

Total

18645336

18645336

100.00

18645336

[00.00

Public institution

E-voting Poll Postalballotflf

applicable)

9663896

0

0

O

0

0

0

0

0

0

0

0

coco

0

0000

Total

9663896

0

0

0

0

0

Publicnon

institution

E—voting Poll Postalhallotflt‘

22590768

19865

0.0879

15955

3910

80.3171

19.6829

0

0.0000

0

0

0

52381

0.2319

43281

9100

82.6273

17.3727

applicable) Total

22590768

72246

0.3198

59236

13010

8119921

18.0079

Total

50900000

18717582

36.7732

18704572

13010

99.9305

0.0695

2.)

Resolution-

Reappointmentof

Shri

SyedAnisHussain(DIN

-

01

15949)as

IndependentDirector

ResolutionRequired:(0rdinary/Special)-Special

Whetherpromoter/promoter

are

interestedin

the

agenda/resolution?-N

Category

Modeof

Voting

No.

of

sharesheld

of

VotesPolled

“/o

of

VotesPolledon

Outstanding Shares

No

of

Votes-in

Favour

No

of

Votes- Against

%

of

Votesin

Favouron

VotesPolled

%

of

VotesAgainston

VotesPolled

2

3=(2/1)*1oo

4

6=4I2*100

7=5l2*100

Promoter&

promoter group

E-voting Poll Postalballotflf

applicable)

18645336

16125336

86.4846

16125336

0

100.0000

0.0000

0

0.0000

0

o

0

0

2520000

13.5154

2520000

1

00.0000

0.0000

Total

18645336

18645336

1

00.0000

18645336

100.0000

0.0000

Public institution

E-voting Poll Postalhallot(lf

applicable)

9663896

0

0.0000

0

0

0

0

0,0000

0

@000

0

0

0

0.0000

0

0

0

Total

9663896

0

0.0000

0

0.0000

0.0000

Publicnon

institution

E-voting Poll Postalballot(lf

applicable)

22590768

20015

0.0886

16105

391

80.4647

19.5353

52381

02319

43675

8706

83.3795

16.6205

Total

22590768

72396

0.3205

59780

12616

82.5736

17.4264

Total

50900000

18717732

36.7735

18705116

12616

99.9326

0.0674

3.)

Resolution-

Appointmentof

Smi

LathaPamula

(DIN-08358726)as

an

IndependentWomanDirector

ResolutionRequired:(0rdinury

lSpecial)—Special

Whetherpromoter/promoterare

interested

the

agenda/resolution?»N0

Category

Modeof

No.

of

shares

N0.

of

Votes

%

of

Votes

0

of

Votes—

No

of

Votes—

“/0

of

Votesin

"/0

of

Votes

Voting

held

Polled

Pulledon

in

Favour

Against

Favouron

Againstan

Outstanding

VotesPolled

VotesPulled

Shares

1

2

3=(2/l)*100

4

5

6:4/2*100

7=5/2*100

Promoter&

E-voting

16125336

8614846

16125336

1000000

0.0000

oo

prnmoter

Poll

0

0,0000

0

0

0

1

645

group

Postalhallotuf

8

336

app

Icable)

2520000

13.5154

2520000

1000000

0.0000

Total

18645336

18645336

100.0000

18645336

100.0000

0.0000

Public

0

0.0000

0

0

0

coco

institution

0

0.0000

0

0

0

9663896

Postalballot(lf

applicable)

0

0.0000

0

0

0

0

Total

9663896

0

0.0000

0

0

0.0000

0.0000

Publicnon

E-voting

20015

0.0886

16105

3910

80.4647

19.5353

inStiflllion

Poll

22590768

0

0.0000

0

0

0

0

Postalballnt(lf

applicable)

52381

012319

43481

8900

83.0091

16.9909

Total

22590768

72396

0.3205

59586

12810

82.3057

17.6943

Total

50900000

18717732

36.7735

18704922

12810

99.9316

0.0684

4.)

Resolution-

Appointmentof

Shrl

YedaKiranKumar(DlN

-

08068075)as

SmallShareholdersDirector

ResolutionRequired:(0rdinarylSpecial)-Special

Whetherpromoter/promoterare

interestedin

the

agenda/resolution'l-.

O

Category

Modeof

N

of

shares

N

of

Votes

%

ofVotes

No

of

Votes—

No

of

Votes-

“/0

of

Votesin

“/o

of

Votes

Voting

held

Polled

Pulledon

in

Favour

Against

Favouron

Againstan

Outstanding

VotesPolled

VotesPolled

Shares

l

2

3=(2ll)*100

4

5

6=4/2*100

7=5l2*100

Promoter8:

E—voting

16125336

86.4846

16125336

0

100.0000

0.0000

1:

promoter

Poll

18645336

0

0.0000

0

0

0

group

Postalballot(lf

applicable)

2520000

135154

2520000

1000000

0.0000

Total

18645336

18645336

1000000

18645336

1000000

0.0000

Public

0

0.0000

0

0

0

oooo

institution

0

0.0000

0

0

0

9663896

Postalballot(lf

applicable)

0

0.0000

0

o

o

0

Total

9663896

0

0.0000

0

0

0.0000

0.0000

Publicnon

E-voting

20015

0.0886

16105

3910

80.4647

19.5353

institution

Poll

27590768

0

0.0000

0

0

0

0

Postalhallot(lf

applicable)

52480

0.2323

43580

8900

83.0412

16.9588

Total

22590768

72495

0.3209

59685

12810

82.3298

17.6702

Total

50900000

18717831

36.7737

18705021

12810

99.9316

0.0684

Office :

13-13, F—l, P.S. Nagar,Vijayanagar Coiony, Hyderabad - 500 057.

Its DATLA HANUMANTHA RAJU

econ. LL.B.. Poor, M.B.A., ch

PARTNER

Phone : (0) 91-40-23340985, 23347946, 23341213

e-mail :dhr300@gmail.com, dhr300@yahoo.com D- HANUMANTA RAJU & C0.

website: www.dhanumantarajuandco.com COMPANY SECRETARIES

r

Scrutinizer(s) Combined Report of e—voting and Postal Ballot

[Pursuant to Section 108 and 110 ofthe Companies Act, 2013 and Rule 20 and 22 ofthe

Companies (Management and Administration) Rules, 2014]

To,

The Chairman

Sathavahana lspat Limited

314, Sri Ramakrishna Towers, Nagarjuna Nagar,

Hyderabad7 500 073.

Dear Sir.

I, D.Hanumanta Raju, Partner of D.Hanumanta Raju & Co, Company Secretaries, having our

office at B-13, F-l & F-Z, P.S,Nagar, Vijayanagar Colony, Hyderabad — 500 057, have been

appointed as Scrutinizer of Sathavahana Ispat Limited (“the Company”) having its RegisteredOffice address at 314, Sri Ramakrishna Towers, Nagarjuna Nagar, Hyderabad — 500 073 for the

purpose of scrutinizing the e- voting process and Postal Ballot process in a fair and transparent

manner carried out as per the provisions of Companies Act, 2013 and Rule 20 and 22 of the

(Management and Administration) Rules, 2014 on below mentioned resolution(s). I submit my

report as under:

1. The e-voting period commenced on February 24, 2019 (i.e.09.00 Hours lST) and ends

March 25, 2019 on (Le. 1700 Hours IST)

2. The shareholders holding shares as on the “cut off” date i.e., February 15, 2019 were

entitled to vote through e-voting and through postal ballot on the resolution(s) 1 to 4 as

set out in the Notice of Postal Ballot issued pursuant to Section 110 of the Companies

Act, 2013.

3. The Votes for e—voting process were unblocked on March 25, 2019 at 06:09 PM in the

presence oftwo witnesses, Ms. Shaik Razia and Mr. Mohit Kumar Goyal who are not in

the employment of the company.

Thereafter, the details containing, inter-alia list of equity shareholders, who voted “for"

and “against" were downloaded from the e-voting website of Central Depository Services

(India) Limited i.e; www.cvotingindia.com.

4. Further, upto 25.03.2019, the last date for the receipt of Postal Ballot, 54 (Fifty Four)

shareholders voted through postal ballot process.

5. The result ot‘e-voting as well as Postal Ballot is as under:

SATHAVAHANA lSPAT LIMITED

(COMBINED REPORT ON E-VOTING & POSTAL BALUOT)

!

1. Special Resolution for Reapnointment ofShri Thauu Kolappa Pillai [911% 00123920) as

Indenendent Director.

(1) Voted in favour of the resolution :

Number of

members voted

Number of votes cast by them % of total number ofvalid

votes cast

73' 18704572 99.93

(ii) Voted against the resolution :

Number of votes cast by themNumber of % oftotal number ofvalid

members voted votes cast

6 13010 0.07

(iii) Invalid votes including abstained votes

Total number of members whose votes were

declared invalid

Total number of votes cast by them

852

2. Special Resolution for Reapgointment of Shri Syed Anis Hussain (DIN: 00115949) as

Independent Director.

(i) Voted in favour ofthe resolution :

Number of Number of votes cast by them % oftotal number of valid

members voted votes cast

74 18705116 99.93

(ii) Voted against the resolution 2

Number of Number of votes cast by them % of total number ofvalid

members voted votes cast

6 126l 6 0.07

Page 2 of4

(iii)

SATHAVAHANA ISPAT LIMITED

(COMBINED REPORT ON E-VOTING & POSTAL BALLOT)

Invalid votes including abstained votes,

Total number of members whose votes were

declared invalid

Total number of votes cast by them

5 702

3. Special Resolution for appointment of Smt Latha Pamula (DIN: 08358726) as an

lndependent Woman Director.

(i) Voted in favour ofthe resolution :

(ii)

(iii)

Number of Number of votes cast by them "/0 of total number of valid

members voted votes cast

75 18704922 99.93

Voted against the resolution :

Number of Number of votes cast by them % of total number of valid

members votedvotes cast

5 12810 0.07

Invalid votes including abstained votes

Total number of members whose votes were

declared invalid

Total number of votes cast by them

5 702

4. Special Resolution for appointment of Shri Yeda Kiran Kumar (DIN: 08068075) as

Small Shareholder Director.

(i) Voted in favour ofthe resolution :

Number of Number of votes cast by them % of total number ofvalidmembers voted votes cast

75 | 8705021 99.93

Page 3 of 4

SATI-IAVAl-IANA ISPAT LIMITED

(COMBINED REPORT ON E-VOTING & POSTAL BALLOT)

(ii) Voted against the resolution :

Number of Number ofvotes cast by them % of total number ofvalid

members voted votes cast

5 12810 0.07

(iii) Invalid votes including abstained votes

Tom] number of members Whose votes were

declared invalid

Total number ofvotes cast by them

5 602

6‘ The register, all other papers and relevant records relating to e-voting and postal ballotwill be handed over for safe custody to the Chairman, who has been authorised by theBoard to supervise the process.

Thanking You,

Yours faithfully,

@mmsqu‘sfim LCS. D.HANUMANTA RA

FCS: 4044, CF. No: 1709

PARTNER

D. IIANUMANTA RAJU & C0.

COMPANY SECRETARIES

Place: HyderabadDate: 26.03.2019

Page 4 0M