Classic Filaments EGM Approves 12 Resolutions

Chaired by Mr. Vikkas Bansal, Managing Director
Company Secretary: Ms. Prachi (Company Secretary and Compliance Officer)
All directors attended except Ms. Sathi Kundu and Mr. Sushil Aggarwal
Meeting conducted without physical presence of members in compliance with MCA and SEBI circulars
Scrutinizer: Mr. Amit Saxena, Proprietor of M/s. Amit Saxena & Associates, Practicing Company Secretaries (New Delhi)
Proxy appointments not applicable except for corporate shareholder representatives

The following special business items were approved:

1. Appointment of Mr. Vikkas Bansal (DIN: 00441630) as Chairman and Managing Director

2. Regularization of Mr. Tarun Jain (DIN: 09199801) as Executive Director

3. Regularization of Mr. Maneesh Gupta (DIN: 00129254) as Independent Director

4. Regularization of Mr. Sushil Aggarwal (DIN: 07194474) as Independent Director

5. Regularization of Ms. Sathi Kundu (DIN: 10837461) as Woman Independent Director

6. Increase of authorized share capital by amending Memorandum of Association

7. Adoption of new set of Memorandum of Association (MOA)

8. Adoption of new set of Articles of Association (AOA) as per Companies Act, 2013

9. Proposal for issue of equity shares on preferential basis pursuant to:

Section 23(1)(b) of Companies Act, 2013
Section 42 of Companies Act, 2013
Section 62(1)(c) of Companies Act, 2013
Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
Other applicable provisions

10. Alteration of object clause of Memorandum of Association

11. Increase in borrowing limits of the company

12. Increase in threshold for loans/guarantees, providing securities, and making investments under Section 186 of Companies Act, 2013