PAN/\CHé’.’Date: 28/09/2019

To,

The Manager

Department of Corporate Services

BSE Ltd.

Dalal Street, Fort

Mumbai — 400 001

Dear Sir/ Madam,

Subject: Scrutlnizers Report for 38"I AGM

Ref: Scrip Cude - 538742

We are pleased to report that at the 38"I Annual General Meeting [AGM] of the shareholders of

die Company held on Friday. 27“! September, 2019 at 3.00 pm at Shangrila Resort, Mumbai-

Nashik Highway, Bhiwandi By Pass End, Gangaram Pada, Vadpe. Bhiwandi, Thane - 421302, all

the resolutions set out in the 38m AGM Notice dated 12m August, 2019, have been passed with

requisite majority.

In compliance with the requirements of Regulation 44 of the SEBl [Lisn‘ng Obligations and

Disclosure Requirements) Regulations, 2015, please find enclosed the scrutinizers report.

Thanking you.

Yours Faithfully.

CS 8: Compliance Officer

(Membership No. A50896)

Place: Mumbal

Encl.: a/a

Reg, on'

2nd Flrv Bldg ND. A3 Uml ZOJIA, Babosa Industrial, Park Mumbai-Nashik Highway

Panache Innovations Limited(mm, Saravali Village, Bhiwandi,Yhamz Maharashtra India, 421302

corporate art: 201/31, Rahqa Plaxa 1, L as Marg, Ghatkupav West, Mumbai 400085, MHV

ConVacl Na. +91-3291529934 l Emal' rcL: info :Lpanacnemadera com

Webslte: wwwpanachemodera com l cm: L51100MH19H1PLC312742

g__-‘ us

Sark & AssociatesCompany Samaria:

Unit M1215, Gundecha indl Complex, Akulll Road, Kandlvali (El, Mumbai - 400 101. Tel: 614248844635] 67337000

Email : compliancefilsarmlin [Website 2 wwwlsarkmn

fig all! Slzfik’fi REPQRTFur uant

‘

n fll'l n' I I x' ff

Managgmgg} am; May'nlggnxlon Rules, 1014

:;"‘

Duals/131%)“ !

To,The Chairman

.92PANACHE INNOVATIONS LXMITED

In 2nd Fir, Bid; No. A3, Unit mm,‘“

nabosa Industrial Park,Mumbal-Nahflk HighwaymHS),Suavali Village Bifiwandl '

Thane - 421302N

9 Dear Sir,

I, Sumit Khanm Partner of M/s. Sal’k tr Associates, Company Secretaries, having its were at

*6 Gal: Nov 215, Gundecha lndusirial Fauna, Near Growels Mall, Kandivali (East), Mumbal—

3; 400101 have been appointed as a Scrutinimr u! PANACHE INNOVATIONS LlMITED ("the ;

Company”) (or 1112 purpose of scrutinlling the evvoting process in a fair and uansparr-nl

manner as per the applicable provisions of the Companies Act, 2013 read with Rule 20 of the

Companies (Management and Administration) Rules, 2014 and Vntlng through [’01] on the

below mentioned resolutions passed at the 3am Annual General Meeting of the Equity

Shareholders of PANACH‘E lNNOVATlONS LIMITED held on Friday, 27‘“ September, 2019

at 3:00 PM at Shangrila Resort, MumbaivNashik Highway, Bhlwandi By Pass End,

Gangaram Pada, Vadpev Bliiwandi, Thane — 421302. We submit our report as under:

E1. The perlnd {or Haring remined open from Tuesday, 24m September, 2019 (9.00

AM) lo Thursday, 26m September, 2019 (530 PM).

2. The Shareholders holding shares as on the "cutvof”

date Le. 20‘” September, 2019

was entitled to vote on the proposed resolutions (item n04 l to 1] as set out in ihe°

Notice of the 38'“ Annual General Meeting of PANACHE INNOVATIONS LIMITED

Surat Office : 403 Jol|y Plaza, Athwa Gate Surat-39S 00L

Delhi Office : 01/11, West Encéave, Pitam Pura, Delhi-110 034

A458. Sector 1 Rohini. Delhi-110085

“if?3;

im:

The votes were unblocked an 28In September, 2019 around 11.33 AM. in the presence

of two wrineooee, who are not in the employment of the Company, They have signed

below lnConfirmatian of the votes being unblocked in their presence.

Thereatter, the details Containing, inner-am, list of equity shareholders. who voted

”For" and ”Against”. were downloaded trom the e—voh‘ng website oi Central

Depository Services (India) Limited, lndirr (wwweyottngindiocorn)

The Register, all other papers and relevant records relating to elcchomc voting atoll

remain in our safe custody until the Chairman considers, approvro and signs the

Minutes ot the ntoreaaid Annual General Meeting and the same are hnnded over to

the Authorized Person ior sale keeping.

Alter the closing oi the poll by the Chairman. Ballot boxes kept tor polling wen:

locked in our presence with due idendiicniion marks placed by us.

The locked ballot box was subsequently opened hr our presence and poll papers

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

maintained by the Company/Registrar and Transter Agean‘ 0! the Company.

. The poll papers, which were incomplete and/or which were otherwise found

detective have been united as invalid and kept separately

The poll papers and all other relevant records relating were sealed and handed over

to the Company Secretary/ Director authorized by Board lor safe keeping,

Witness 2

Type

Numberof

Numberof

"/n

of

lob]

Numberof

"In

of

total

Total

nun-Aha

Tahl

%

of

total

membersvoted

votescastin

number

votescast

numberof

of

members

numberof

numberof

through

favourof

of

vows

againstthe

votescast

whosevmes

vowsoust

Invalidvoles

Electronic

resalufianas!in

(won:

resolnn'on

against

were

declaredby

them

eat

against

Vol-mgSystem

lhmghB-

throughB-

throughE,

rhronghE-

invalid

throughE-

rr

Pull

Vating&

Poll

Votingin

Poll

VollngAr

Poll

VotingKr.

Voting&

Poll

Poll

Flavoring

17

21373]2

100

0

0

0

2137312

0

Fall

I)

(I

O

0

0

0

0

0

Total

17

2137312

1m

0

0

0

7.137312

0

ResolutionNor

1:To

dsdarefinal

dividendon

Equiwsharesat

Rs

REMacuityshareof

fate

valueof

RsJO/a

«<1therfinancialyear

ended"

Max:201

Type

Numberof

Numberof

0/u

of

In“!

N

umberof

“/n

of

total

Total

number

Tom

"/a

01

(vial

membersvolrd

votescastin

number

votescasl

numberof

of

«amber:

numberof

numberof

lluough

favourof

of

van:

againstthe

votescan

whosevotes

vorescnst

Invalidvotes

Eledmnic

resolutionas!in

favour

resolution

against

were

declaredby

them

cast

against

VotingSymm

through5-

throughE-

through5-

througha.

invalid

throughE-

8:

[‘0]!

Voting8:

Poll

Voting4:

Poll

le’mgk

Pull

Vnfing&

Voting&

Poll

Poll

Mating

17

2137312

100

0

U

0

1137312

0

Poll

0

U

0

0

0

0

O

0

To“!

17

2137312

100

0

fl

0

2137312

0

E

33%“1vfim‘w

‘

fir:

“WW

was“3’

Type

Numberof

Numberof

"/a

of

total

Numberof

“/u

of

(oral

Total

number

Total

%

of

mu}

membersvoted

votescastin

number

votescast

numberof

of

members

numberof

numbzrof

though

fxvourof

of

votes

againstthe

votesask

whosevotes

votesas:

Invalidwares

Elmanic

resolution(as!in

favour

resolution

against

were

dedaredby

them

cast

against

VotingSystem

through15-

through5,

through5-

throughE-

invalid

“BoughE

S:

Poll

Voting&

Pull

Voting&

Poll

Votingtr

Poll

Voting8:

Voting6r

Poll

Poll

Evelina

17

213312

100

0

0

0

2l37312

0

Poll

(I

0

0

O

0

0

0

0

Tmal

17

2137312

100

o

a

0

2137312

0

4:1?)alterr

e

ab‘encl

of

Memoranduma

Type

Numberof

Numberof

“la

of

{Oral

Numberof

%

of

total

TcRa!

number

Total

"24

of

total

membersvoted

votescanIn

number

votescast

numbozrof

of

members

numberof

numberof

khmugh

favourof

uf

arms

againstthe

votescast

whoseVotes

Votes(as!

Invalidvotes

Electronic

resolutioncastin

favour

resolution

agzinsl

were

declaredby

them

as!

against

VotingSystem

throughis.

througha.

through5-

mmughE

invalid

throughE,

S:

Poll

Voting8:

Poll

Voting&

Poll

Voting&

Poi]

Voting&

Voting&:

Poll

Poll

[i-Vutillg

17

2137312

100

0

0

0

2137312

(I

Poll

0

0

0

0

(J

0

0

0

Total

17

2137312

100

O

0

0

2137312

0

2m352»

“MM?232

33W333

3239‘*

1‘13»

'5'”?

RevolutionNo.

5:To

anoint

Mr.PrakashVicchivora

lDlN:03123046)asa

diredotof

the

company

Type

Numberof

Numberof

“/9

of

total

Numberof

"la

of

total

Total

number

Total

%

of

can!

membersvoted

votescastin

number

votescast

numberof

of

members

numberof

numberof

through

favourof

of

votes

againstthe

MeganwhoseVote:

votescast

Invalidvotes

Electronic

resolutioncastin

savour

resolution

against

wae

declaredby

them

:2:

against

VotingSystem

rhmughE,

throughE—

throughE-

throughE-

invalid

throughE-

&

Poll

Votinga.

Poll

leingtr

Poll

Voting4:

Poll

Votingin

Voting5:

Poll

Poll

E-Vuling

17

2137312

100

0

D

0

2137312

0

Poll

0

0

0

0

0

0

0

0

Tour

17

2137312

100

n

a

0

2137311

0

ResolutionNo.6:

To

appoint

Mrel’raknshVichhivora(DIN:

03123043)as

Ihe

ManningDirectorof

the

company.

Type

Numberof

Numberof

‘70

of

total

Numberof

"I.

of

total

Total

number

Total

”In

of

total

membersvoted

votescastin

number

votescast

numberof

of

members

numberat

numberof

through

favourof

of

vote:

againstthe

votescast

whosevote:

wascast

invalidVales

Eleetmrtic

resolutioncastin

favour

resolution

against

were

declaredby

Ihem

out

against

VotingSys(em

throughE-

througha

llwougha.

throughE

invalid

through5-

5:

Pull

Votingor

Poll

Voting4:

Poll

Voting(r

Poi]

Valing&

Votingtr

Poll

Poll

Elevating

17

1137312

100

0

0

0

2137312

0

Poll

0

0

0

0

0

0

0

0

Total

17

2137312

100

O

0

0

2137312

0

3M4

m“?fi§ii3fl<m

‘

‘11::

ii"1

1m

Numberof

Numberor

0/,

oftotal

Numimof

"/n

of

total

Total

number

Total

%

of

totnl

membersvou-d

votescastin

numbér

votescast

numberat

of

members

number‘of

nnmbuof

though

hvourof

of

votes

againstthe

votesas!

Whosevntts

vattscast

Invalidvotes

Electmnic

resolutioncanin

favain’

resulnl'ion

against

were

declaredby

them

cast

against

VotingSystem

throughE-

ihmughE-

throughB

throughE

invalid

throughE-

5:

Poll

Voting8:

Poll

Voting8:

Poll

Votingh

Poll

Voting&

Voting&

Poll

Poll

E—vofing

17

2137512

100

0

0

0

2137312

0

Poll

0

0

0

0

0

D

0

0

Total

17

2137312

100

0

0

0

2137312.

0

Type

Numberof

Numberof

”/u

of

total

Numberof

"/a

of

total

Total

numb“

Total

%

of

total

membersvoted

votescastin

number

votescast

nun-ahaof

of

mendaers

numberof

numberof

lhmugh

tam:at

of

votes

againstthe

votescast

whosevotes

votescast

Invalidvotes

Electmnic

resolutioncastin

favour

resolution

against

were

deflatedby

them

cast

against

VotingSystem

throughE,

through1:.

through[5'

througha

invzlid

throughF,

&

Poll

Voting&

Poll

Votingi:

Poll

Voting&

Pull

Votfing6:

Votinga;

Poll

Poll

E-voting

17

2137312

1m

0

0

0

2137312

0

Poll

0

0

0

0

0

0

O

0

Total

17

2137311

100

G

D

0

2137312

0

paint

MxVGauravPratanSingh(DIN'

06747791}as

an

IndependentDiredar0f

the

(atrium

Type

Numberof

Numberof

"/0

of

total

Numberof

"/u

of

rotal

Total

number

Total

"/-

of

total

membersvaled

votescastin

number

votescast

numberof

of

members

numberof

numberof

through

favourof

of

vote:

againstthe

votescask

whosevuree

votescasr

Invalidvotes

Electronic

resolutionaslin

favour

resolution

against

were

declaredby

Rmm

cast

against

VotingSystem

throughE-

throughB—

through5-

through5-

invalid

throughE-

&

Pall

Voting5:

Poll

Voting8:

Poll

Voting5:

Poll

Voting&

Voting1:

Poll

Poll

B—le-ing

17

2137312

100

0

D

0

2137312

0

Poll

0

0

0

0

0

0

0

0

Tcnl

17

7.137312

mo

0

o

0

2137312

I)

.

10:

To

re—desiarureMn

Ami!

Rambhiafrom

ChairmanGr

ManagingDirectorIn

Chairman8:

Non--

Type

Numberof

Numberof

%

of

total

Numberof

”In

of

total

Tom

number

Total

lyv

or

ran:

membersvoted

votescastin

number

vmescut

numberof

of

members

numberof

numberof

lhmngt.

favourof

of

vote:

agairwtthe

votescast

whosevoles

voleseast

Invalidvotes

Electronic

resolutioncastin

(avonr

resolution

against

were

declaredby

them

cast

against

VotingSysrem

lhruughB,

throughE—

through{3-

throughE»

invalid

throughE—

&

Poll

Voting5:

Poll

Voflng&:

Poll

Voting&

Foil

Vuling&

Votingl;

Full

you

Evvoling

17

2137312

100

0

0

0

2137312

0

Poll

0

0

0

0

0

0

0

0

Tom!

17

2137312

100

0

0

0

2137312

U

7%,???{'33%

AWEHEQ‘5

333%?!3

ResolutionNo.11:

To

transactions

Type

Numberof

Numhelof

"A

of

mm]

Numbelof

%

of

mu]

Total

numbe!

Total

'4;

of

total

membersvoted

votescastin

number

votescast

numberof

of

members

numberof

numberof

“11011311

favourof

of

votes

againstthe

votescast

whosevotes

votescast

Invalidvotes

Electronic

Keso|uliancastin

favour

resolulion

against

were

declaredby

Ihcm

as]

against

VofingSystem

xhroughE.

throughE-

throughE—

chmugha.

invalid

(hmughE-

3:

Poll

Voting&.

Poll

Vuing&

Poll

Voting&

Pull

Voting&

Voting&

W

Poll

Poll

E—Valing

14

787212

100

0

l)

0

787212

0

Poll

0

n

0

0

0

O

D

O

Tonal

14

737211

100

n

a

0

787212

0

Thankingyou,

Yours

failhfully‘

On

behalfof

SARKk

Anwciatea’”x

Company

Secretaries’

xAmm

w

(4

MW”);

Sumit

Khnnm

A

_

J

M

Nn.-Z2135(‘1‘-

9304

V

U

DIN:

A022]

35A000m7482

Place:M

umbai

Baked:

28.0910]9

For

Panache

InnovationsLimited