Sundaram Clayton : Outcome of 58th Annual General Meeting

Sundaram-Clayton Limited

Registered Office: "Chaitanya",

No. 12, Khader Nawaz Khan Road, Nungambakkam,

Chennai - 600006

PH: 044 28332115

	30th July, 2020
BSE Limited,	National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers,	Exchange Plaza, 5th Floor,
Dalal Street,	Bandra-Kurla Complex,
Mumbai 400 001.	Bandra (E), Mumbai 400 051.
Scrip code: 520056	Scrip code: SUNCLAYLTD
Dear Sir,

Sub : Intimation on the Outcome of the Proceedings of Annual General Meeting

We wish to inform you that the 58th Annual General Meeting of the Company (AGM) was held on 30th July 2020 through Video Conferencing and the businesses mentioned in the Notice dated 29th May 2020 convening the AGM were transacted.

In this connection, we enclose the following:

Proceedings of AGM in compliance with Regulation 30 of	Annexure - I
SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
Voting Results of AGM in compliance with Regulation 44	Annexure - II
(3) of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Scrutinizer's Report in compliance with Rule 20 of the	Annexure - III
Companies (Management and Administration) Rules,
2014.

The said results declared by the Chairman of the meeting and the report submitted by the scrutinizer are also placed on the Company's Website and Notice board.

This is for your information and record.

Website : www.sundaram-clayton.comEmail: [e-mail]: L35999TN1962PLC004792

Annexure - I

Summary of Proceedings of the 58th Annual General Meeting

The 58th Annual General Meeting (AGM) of the members of Sundaram-Clayton Limited ("the Company") was held on Thursday, July 30, 2020 at 10.00 A.M through Video Conferencing (VC). Mr Venu Srinivasan, Chairman and Managing Director occupied the chair. The requisite quorum being present, the Chairman called the meeting to order with a prayer.

Directors present through VC identified themselves to the shareholders. Mr S Santhanakrishnan, director of the Company did not attend the meeting due to personal reasons. Vice Admiral P J Jacob (Retd..), Mr R Gopalan and Mr R Vijayaraghavan confirmed their designations as Chairmen of the respective committees viz., Audit Committee, Risk Management Committee and Stakeholders Relationship Committee. Chairman then delivered his speech.

Notice, Auditors Report and Secretarial Audit Report were taken as read as all the above had been available with the shareholders. The Chairman informed that both the Statutory Auditors Report and Secretarial Audit Report were free from any qualification / observation or other remarks.

The following items of business, as per the Notice of 58th AGM were transacted:

1. Adoption of both standalone and consolidated audited financial statements for the year ended 31st March 2020 and the reports of the Board of Directors and Auditors thereon;
2. Re-appointmentof Mr Gopal Srinivasan, as director, who retires by rotation;
3. Re-appointmentof Dr. Lakshmi Venu, as director, who retires by rotation;
4. Ratification of remuneration payable to Mr A N Raman, Practising Cost Accountant as Cost Auditor for the financial year 2020-21.

Subsequently, Chairman requested those shareholders who were registered to speak at the meeting to post their queries and members requested clarifications on certain operational/ strategic areas of the Company. Clarifications were provided to the

queries raised by the members by Chairman and Mr K Gopala Desikan, Chief Financial Officer of the Company.

Chairman then thanked the shareholders for participating through e-voting and informed that the facility to vote on the resolutions contained in the Notice of the meeting shall remain open upto 15 minutes from the conclusion of the meeting.

Chairman informed the members that the results of e-voting would be announced on or before 1st August 2020 and also intimated to the stock exchanges and posted on the website of the Company and NSDL.

Chairman then thanked the members who participated in the meeting and declared the meeting as closed.

The meeting concluded at 10.31 A.M.

oOo

Annexure II