Limited Plot No Dalai

27th September, 2019

Department of Corporate ServicesBSE Limited1st Floor, New Trading Ring,Rotunda BuildingP J Towers, Dalai Street, Fort,MUMBAI - 400 001

The SecretaryThe National Stock Exchange of India Ltd.Exchange Plaza, 5th FloorPlot No. C/1, G BlockBandra - Kurla Complex, Bandra (E)MUMBAI - 400 051

Sub: Annual General Meeting voting results and Scrutinizer’s report.

Dear Sir,

Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015, please find attached herewith the results of voting forthe 74th Annual General Meeting (AGM) of the Company held at its Registered Office on26th September, 2019. Also attached is the Scrutinizer’s Consolidated Report on remotee voting and voting at the said AGM.

All the resolutions were passed with requisite majority.

You are requested to take the above information on record.

Thanking you

Yours faithfully,for BALLARPUR INDUSTRIES LIMITED

3SAKHIL MAHAJANCHIEF GENERAL MANAGER & COMPANY SECRETARY

oBallarpur Industries Limited (CIN: L2i0iMHi945PLC0i0337)Corp Office : First India P ace, Tower C,Mehrauli Gurgaon Road, Gurgaon,Haryana - 122 002 (India) T: +91124 2804242/43 F: +91124 2389495, 2560021Regd. Office: P.O. Ballarpur Paper Mills,Distt. Chandrapur - 442 901,Maharashtra (India) T: +917172 240262/240200, F: +917172 240548 A V A N T H A

G R O U P C O M P A N Y

BALLARPUR INDUSTIRES LIMITED

AGM VOTING RESULTS

26 n September, 2019Date of the AGM/EGMTotal number of shareholders on record date 77993No. of shareholders present in the meeting either in person or through proxy:Promoters and Promoter Group:Public:

338

No. of Shareholders attended the meeting through Video ConferencingPromoters and Promoter Group:Public:

N.A.

ORDINARY BUSINESS

1. Consider and adopt:a) The Audited Standalone Financial Statements for the financial year ended 31st March, 2019 and Reports of the Board of Directors and Auditorsthereon; andb) Audited Consolidated Financial Statements for the financial year ended 31st March, 2019 and Report of the Auditors thereon

Resolution required: (Ordinary / Special) OrdinaryWhether promoter/promoter group are interested in theagenda/resolution?

No

% of Votespolled on

outstandingshares

% of Votesagainst on

votes polled

% of votes infavour on votes

polled

No. of sharesheld

No. of votespolled

No. of votes- in favour

No. of votes- againstCategory Mode of voting

(1) (2) (3)=[(2)/(1)]*100 (7)=[(5)/(2)]*100(4) (6)=[(4)/(2)]*100(5)E-VotingPromoter

andPromoterGroup

312043168 99.6134 0.0000312043168 100.0000Poll 313254366Postal Ballot (if applicable)Total 313254366 312043168 99.6134 0.0000312043168 100.0000E-Voting 53931930 10.1419 53859165 72765 99.8651 0.1349

Public-Institutions

Poll 531771752Postal Ballot (if applicable)Total 531771752 53931930 10.1419 53859165 0.134972765 99.8651E-Voting 52295916 11.6620 51376184 919732 98.2413 1.7587PollPublic- Non

Institutions448429638 6060871 1.3516 6060871 100.0000 0.0000

Postal Ballot (if applicable)Total 448429638 58356787 13.0136 98.4240 1.576057437055 919732

Total 1293455756 424331885 32.8061 423339388 992497 99.7661 0.23399r)

ACD <p Page 1 of 6CLa:5 Jv

2. Reappointment of Mr. B. Hariharan, Director, retiring by rotation.


No

% of Votespolled on

outstandingshares


votes polled


polledNo. of

shares heldNo. of votes

polledNo. of votes- in favour


(7)=[(5)/(2)]*100(1) (2) (3)=[(2)/(1)]*100 (4) (6)=[(4)/(2)]*100(5)E-Voting 0.0000312043168 99.6134 312043168 100.0000Promoter

andPromoterGroup

Poll 313254366Postal Ballot (if applicable)Total 0.0000313254366 312043168 312043168 100.000099.6134E-Voting 0.0000139482631 100.000026.2298 139482631

Public-Institutions

Poll 531771752Postal Ballot (if applicable)Total 531771752 139482631 26.2298 139482631E-Voting 1.869552295916 11.6620 51318264 977652 98.1305PollPublic- Non

Institutions448429638 0.00006060871 100.00001.3516 6060871

Postal Ballot (if applicable)Total 1.6753448429638 98.324758356787 13.0136 57379135 977652

Total 1293455756 0.191799.8083509882586 39.4202 508904934 977652

Page 2 of 6

SPECIAL BUSINESS

J. /-\ppOi i i i i i i c i i t v/ i u id i ieh Audltors.


No

% of Votespolled on

outstandingshares

No. ofvotespolled


polled


votes polled

No. ofshares held

No. of votes- in favour

No. of votesagainst

Category Mode of voting

(1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100E-VotingPromoter

andPromoterGroup

312043168 99.6134 312043168 0.0000100.0000Poll 313254366Postal Ballot (if applicable)Total 313254366 312043168 99.6134 312043168 100.0000 0.0000E-Voting 139482631 26.2298 139482631 100.0000 0.0000

Public-Institutions

Poll 531771752Postal Ballot (if applicable)Total 531771752 139482631 26.2298 139482631 100.0000 0.0000E-Voting 52295916 11.6620 51376169 919747 98.2413 1.7587PollPublic- Non

Institutions448429638 6060871 1.3516 6060871 100.0000 0.0000

Postal Ballot (if applicable)Total 448429638 58356787 13.0136 57437040 919747 98.4239 1.5761

Total 1293455756 509882586 39.4202 508962839 919747 99.8196 0.1804

Page 3 of 6

4. Ratification of remuneration to Cost Auditor.Resolution required: (Ordinary / Special) rVrHir.in/

I V4II IC4I j

Whether promoter/promoter group are interested in theagenda/resolution?

No

% of Votespolled on

outstandingshares

No. ofvotespolled


polled


votes polled

No. ofshares held

No. of votesagainst

No. of votes- in favourMode of votingCategory

(1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100E-Voting 100.0000 0.0000312043168 99.6134 312043168Promoter

andPromoterGroup

Poll 313254366Postal Ballot (if applicable)Total 99.6134 100.0000 0.0000313254366 312043168 312043168E-Voting 100.0000139482631 26.2298 139482631 0.0000Poll 531771752Public-

Institutions Postal Ballot (if applicable)Total 531771752 139482631 26.2298 139482631E-Voting 52295916 11.6620 51376169 919747 98.2413 1.7587PollPublic- Non

Institutions448429638 100.0000 0.00006060871 1.3516 6060871

Postal Ballot (if applicable)98.4239 1.5761Total 448429638 58356787 13.0136 57437040 919747

Total 99.8196 0.18041293455756 509882586 39.4202 508962839 919747

Page 4 of 6

5. Appointment of Independent Director - Mr. Rajeev Ranjan Vederah (DIN 00012252).

= /Ar.-!::-.-.—; / \^ S/IUIIIUI Jf I W|ibVIUI^Resolution required: Ordinary

Whether promoter/promoter group are interested in theagenda/resolution?

No

% of Votespolled on

outstandingshares


votes polled


polledNo. of shares

heldNo. of votes



(1) (2) (3)=[(2)/(1)]*100 (4) (5) (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100E-Voting 312043168 99.6134 312043168 100.0000 0.0000Promoter

andPromoterGroup

Poll 313254366Postal Ballot (if applicable)Total 313254366 312043168 0.000099.6134 312043168 100.0000E-Voting 139482631 139482631 0.000026.2298 100.0000PollPublic-

Institutions531771752

Postal Ballot (if applicable)Total 531771752 139482631 26.2298 139482631 100.0000 0.0000E-Voting 52290475 11.6608 51320526 969949 1.854998.1451PollPublic- Non

Institutions448429638 100.00006060871 1.3516 6060871

Postal Ballot (if applicable)Total 448429638 58351346 57381397 1.662313.0124 969949 98.3377

Total 1293455756 0.1902509877145 39.4198 508907196 969949 99.8098

Page 5 of 6

6. Reappointment of Mr. Bhuthalingam Hariharan (DIN 00012432) as Whole-time Director of the Company designated as Executive Director.

Resolution required: (Ordinary / Special) SpecialWhether promoter/promoter group are interested in theagenda/resolution?

No

% of Votespolled on

outstandingshares


polled


votes polledNo. of shares

heldNo. of votes



(1) (2) (3)=[(2)/(1)]*100 (6)=[(4)/(2)]*100 (7)=[(5)/(2)]*100(4) (5)E-Voting 312043168 0.000099.6134 312043168 100.0000Promoter

andPromoterGroup

Poll 313254366Postal Ballot (if applicable)Total 313254366 312043168 99.6134 312043168 100.0000 0.0000E-Voting 139482631 26.2298 100.0000 0.0000139482631

Public-Institutions

Poll 531771752Postal Ballot (if applicable)Total 531771752 139482631 26.2298 139482631 100.0000 0.0000E-Voting 52295916 11.6620 98.1303 1.869751318114 977802PollPublic- Non

Institutions448429638 6060871 99.9951 0.00491.3516 6060571 300

Postal Ballot (if applicable)Total 448429638 58356787 1.676113.0136 57378685 978102 98.3239

Total 1293455756 509882586 39.4202 99.8082 0.1918508904484 978102

Page 6 of 6

PDS & Co.Company Secretaries

Scrutinizer’s Report(Pursuant to Section 108 of the Companies Act, 2013 and the Companies (Management and

Administration) Rules, 2014, as amended]

ToThe Chairman, 74lh Annual General Meeting of M/s Ballarpur Industries LimitedP.O. Ballarpur Paper Mills - 442 901,Distt. Chandrapur, Maharashtra

Sub: Scrutineer's Consolidated Report on remote e-voting and voting at the 74th AnnualGeneral Meeting of M/s Ballarpur Industries Limited.

Respected Sir,

I, Prashant Kumar Balodia, Partner of M/s. PDS & Co., had been appointed as Scrutinizcr by theBoard of Directors of M/s. Ballarpur Industries Limited (the Company) for scrutinizing theremote e-voting and voting through ballot paper at the 74th Annual General Meeting (AGM) in afair and transparent manner in respect of the below mentioned resolutions passed at said AGMheld on Thursday, the 26th September. 2019 at 12:00 p.m. at the Registered office of theCompany at P.O. Ballarpur Paper Mills - 442 901 Distt. Chandrapur, Maharashtra

The Notice dated 28th August, 2019, convening the 74th AGM along with statement setting outmaterial facts under Section 102 of the Companies Act 2013 in respect of the below mentionedresolutions passed at the AGM were sent to the shareholders.

The Company had availed the remote c-voting facilities offered by National SecuritiesDepository Limited (NSDL) for conducting remote e-voting by the members of the Company.The Company had also provided facility for voting through ballot paper to members present atthe meeting and who had not cast their vote through remote e-voting.

The Members of the Company holding shares either in physical or in dematerialized form as oncut-off date of Thursday, the 19th September, 2019 were entitled to vote on the resolutions ascontained in the Notice of the AGM.

The remote e-voting commenced on Monday, the 23rd September, 2019 (9:00 a.m.) and ended onWednesday, the 25th September. 2019 (5:00 p.m.).

Page 1 of 6

H.O.:A-53, First Floor, Gurunanak Pura, Laxmi Nagar, Delhi - 110092Ph.orr.; 011-4240 0004, 2200 1000, Moo.;97177 92100.e-mail : office © pUsco.in

Website : www.pdsco in

After the conclusion of voting at the AGM, the votes cast at the AGM were counted andthereafter votes cast through remote e voting were unblocked in the presence of two witnesses,who were not in the employment of the Company.

The consolidated result of the remote e-voting as well as physical ballot on all the resolutionscontained in the notice of AGM is as follows:

Or dinary business

1: To consider and adopt:

(a) the audited Standalone Financial Statements of the Company for the financial year ended31st March, 2019 together with the Reports of the Board of Directors and Auditorsthereon; and

(b) the audited Consolidated Financial Statements of the Company for the financial yearended 31st March, 2019 together with the Report of the Auditors thereon.

Votes in favour of the resolution:(i)

]'4ode of voting % of total number ofvalid votes cast

Number of votes castby them

Numbermembers voted

of

41,72,78,517 98.34Remote e-voting 651.4360,60,871Voting by poll 31

99.7742,33,39,38896Total

(ii ) Votes against the resolution:

% of total number ofvalid votes cast

Number ofmembers voted


Mode of voting

9,92,497 0.23Remote e-voting 12

Voting by poll 0 0.000

9,92,497 0.23Total 12

(iii) Invalid votes:

Total number of members whose Total number of votes cast by themvotes were declared invalid2 850

Page 2 of 68 'Or

2. To appoint a Director in place of Mr. Bhuthalingam Hariharan (DIN 00012432), who retiresby rotation and being eligible, offers himself for re-appointment.

Votes in favour of the resolution:0)

Mode of voting Number ofmembers voted



Remote e-voting 98.6250,28,44,06358

Voting by poll 60,60,871 1.1931

99.81Total 50,89,04,93489

(ii) Votes against the resolution:

'

Mode of voting % of total number ofvalid votes cast


Number ofmembers voted

0.19Remote e-voting 20 9,77,652

0Voting by poll 0.000

0.19Total 9,77,65220

liii) Invalid votes:

Total number of votes cast by themTotal number of members whosevotes were declared invalid

8502I

Special business

3. Appointment of Branch Auditors.

Votes in favour of the resolution:( )



ofMode of voting Numbermembers voted

98.6350,29,01,96866Remote e-voting

1.1960,60,871Voting by poll 3199.8250,89,62,83997Total

IPage 3 of 6

i

(ii > Votes against the resolution:

Mode of voting ofNumbermembers voted



Remote e-voting 0.1812 9,19.747Voting by poll 0 0.000

9,19,74712 0.18Total


Total number of members whose Total number of votes cast by themvotes were declared invalid2 850

4. Ratification of remuneration payable to Cost of Auditors of the Company for the financialyear ending 31st March, 2020.

Votes in favour of the resolution:(> )



ofMode of voting Numbermembers voted

98.6350,29,01,968Remote e-voting 66

31 60,60,871 1.19Voting by poll

99.8250,89,62,83997Total



Numbermembers voted

of Number of votes castby them

9,19,747 0.18Remote e-voting 1 20Voting by poll 0 0

0.189,19,747Total 12

Page 4 of 6


Total number of members whosevotes were declared invalid

Total number of votes cast by them

2 ; 850

5. Appointment of Mr. Rajeev Ranjan Vederah (DIN 00012252), as an independent Director ofthe Company.

(i) Votes in favour of the resolution:


Numbermembers voted


50,28,46,325Remote e-voting 98.6259

Voting by poll 60,60,871 1.1931

50,89,07,196 99.81Total 90


Mode of voting of Number of votes castby them


Numbermembers voted

0.199,69,949Remote e-voting 17

0.00Voting by poll 0 0

0.19Total 9,69,94917

(iii) Invalid votes:Total number of votes cast by themTotal number of members whose

votes were declared invalid8502

Page 5 of 6

6. Reappointment of Mr. Bhuthalingam Hariharan (DIN 00012432) as Whole-time Director ofthe Company designated as Executive Director.

(iii )

Mode of voting

Votes in favour of the resolution:



Numbermembers voted

of

50,28,43,913 98.62Remote e-voting 57

Voting by poll 60,60,571 1.1930

50,89,04,484 99.81Total 87

(iv) Votes against the resolution:



Numbermembers voted

Remote e-voting 9,77,802 0.1921Voting by poll 0.003001

0.199,78,102Total 22

(iii) Invalid votes:Total number of members whose Total number of votes cast by themvotes were declared invalid2 850

Thainking You,

Youirs faithfully.For PDS & CO.Companv^ecretaries

Countersigned bv:For Ballarpur Industries Limited

*oo& Q:

Taw

Pra::ihanH<&mar BalodiaPartnerFCS 6047CoP No. 6153(Scrutinizer)

Company Secre

Date: 27.09.2019Place: Delhi

Page 6 of 6

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Limited Plot No Dalai