0001193125-22-222705.txt : 20220817 0001193125-22-222705.hdr.sgml : 20220817 20220817063300 ACCESSION NUMBER: 0001193125-22-222705 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20220816 FILED AS OF DATE: 20220817 DATE AS OF CHANGE: 20220817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vedanta Ltd CENTRAL INDEX KEY: 0001370431 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: K7 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33175 FILM NUMBER: 221172058 BUSINESS ADDRESS: STREET 1: FLR1, 103-C WING, ATUL PROJECT, CHAKALA, STREET 2: ANDHERI (EAST) CITY: MUMBAI STATE: K7 ZIP: 400 093 BUSINESS PHONE: 91-832-2460600 MAIL ADDRESS: STREET 1: FLR1, 103-C WING, ATUL PROJECT, CHAKALA, STREET 2: ANDHERI (EAST) CITY: MUMBAI STATE: K7 ZIP: 400 093 FORMER COMPANY: FORMER CONFORMED NAME: SESA STERLITE LTD DATE OF NAME CHANGE: 20130920 FORMER COMPANY: FORMER CONFORMED NAME: SESA GOA Ltd DATE OF NAME CHANGE: 20130820 FORMER COMPANY: FORMER CONFORMED NAME: STERLITE INDUSTRIES (INDIA) LTD DATE OF NAME CHANGE: 20060726 6-K 1 d388174d6k.htm FORM 6-K Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of August 2022

Commission File 001 — 33175

 

 

Vedanta Limited

(Exact name of registrant as specified in the charter)

 

 

1st Floor, ‘C’ wing, Unit 103,

Corporate Avenue, Atul Projects,

Chakala, Andheri (East),

Mumbai-400 093

Maharashtra, India

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒                Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

 

 

 


We wish to inform you that the 57th Annual General Meeting (‘AGM/Meeting’) of the Company was held on Wednesday, August 10, 2022 through Video Conferencing (‘VC’)/Other Audio Visual Means (‘OAVM’) in accordance with the circulars/notifications issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI) and the business(es) mentioned in the Notice dated July 05, 2022 for convening the Meeting, were transacted. The Company had also provided the facility to view proceedings of the Meeting to its shareholders.

In this regard, please find enclosed the following –

 

1.

Voting results as required under Regulation 44 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), as Exhibit 99.1;

 

2.

Consolidated Report of Scrutinizer dated August 11, 2022, for remote e-voting (both before the date of AGM and during the conduct of AGM), pursuant to section 108 of the Companies Act, 2013 read with Rule 20(4)(xi) and Rule 21(2) of the Companies (Management and Administration) Rules, 2014, as Exhibit 99.2;

 

3.

Summary of proceedings as required under Regulation 30, Part-A of Schedule III of the SEBI Listing Regulations, as Exhibit 99.3.

The Meeting commenced at 03:00 P.M. IST and concluded at 05:23 P.M. IST.

The voting results along with the Scrutinizer’s Report(s) are available at the registered and corporate office and website of the Company at www.vedantalimited.com and on the website of National Securities Depository Limited (NSDL) at www.evoting.nsdl.com.

Further, the copy of the Annual Report of the Company for the Financial Year 2021-22 is available on the Company website at www.vedantalimited.com.

 

1.

Exhibit 99.1 Voting results as required under Regulation 44 of the Securities  & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’),

 

2.

Exhibit 99.2 Consolidated Report of Scrutinizer dated August  11, 2022, for remote e-voting (both before the date of AGM and during the conduct of AGM), pursuant to section 108 of the Companies Act, 2013 read with Rule 20(4)(xi) and Rule 21(2) of the Companies (Management and Administration) Rules, 2014,

 

3.

Exhibit 99.3 Summary of proceedings as required under Regulation 30, Part-A of Schedule III of the SEBI Listing Regulations


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 16, 2022

 

VEDANTA LIMITED
By:  

/s/ Prerna Halwasiya

Name:   Prerna Halwasiya
Title:   Company Secretary & Compliance Officer
EX-99.1 2 d388174dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

General information about company

 

Scrip code    500295
NSE Symbol    VEDL
MSEI Symbol    NOTLISTED
ISIN    INE205A01025
Name of the company    VEDANTA LIMITED
Type of meeting    AGM
Date of the meeting / last day of receipt of postal ballot forms (in case of Postal Ballot)    10-08-2022
Start time of the meeting    3:00 PM
End time of the meeting    5:23 PM


Scrutinizer Details

 

Name of the Scrutinizer    UPENDRA SHUKLA
Firms Name    UPENDRA SHUKLA
Qualification    CS
Membership Number    2727
Date of Board Meeting in which appointed    05-07-2022
Date of Issuance of Report to the company    11-08-2022


Voting results

 

Record date

     03-08-2022  

Total number of shareholders on record date

     1119768  

No. of shareholders present in the meeting either in person or through proxy

  

a) Promoters and Promoter group

     0  

b) Public

     0  

No. of shareholders attended the meeting through video conferencing

  

a) Promoters and Promoter group

     9  

b) Public

     184  

No. of resolution passed in the meeting

     9  

Disclosure of notes on voting results

     Add Notes  


Resolution (1)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2022 and the reports of Board of Directors and Auditors thereon

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
    % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100     (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
  Poll     0       0.0000       0       0       0       0  
  Postal Ballot
(if applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Institutions

  E-Voting     718822860       631594913       87.8652       630932172       662741       99.8951       0.1049  
  Poll     0       0.0000       0       0       0       0  
  Postal Ballot
(if applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     718822860       631594913       87.8652       630932172       662741       99.8951       0.1049  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Non Institutions

  E-Voting     408026230       41269593       10.1144       41244101       25492       99.9382       0.0618  
  Poll     9108       0.0022       9095       13       99.8573       0.1427  
  Postal Ballot
(if applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     408026230       41278701       10.1167       41253196       25505       99.9382       0.0618  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
          Total     3717199039       3263062907       87.7828       3262374661       688246       99.9789       0.0211  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (2)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2022 and the report of Auditors thereon

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
    % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100     (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
  Poll     0       0.0000       0       0       0       0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Institutions

  E-Voting     718822860       631594913       87.8652       630383986       1210927       99.8083       0.1917  
  Poll     0       0.0000       0       0       0       0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     718822860       631594913       87.8652       630383986       1210927       99.8083       0.1917  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Non Institutions

  E-Voting     408026230       41239619       10.1071       41214011       25608       99.9379       0.0621  
  Poll     9108       0.0022       9095       13       99.8573       0.1427  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     408026230       41248727       10.1093       41223106       25621       99.9379       0.0621  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
          Total     3717199039       3263032933       87.7820       3261796385       1236548       99.9621       0.0379  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (3)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To confirm the payment of first interim dividend of Rs. 18.50 per equity share i.e. 1850%, second interim dividend of Rs. 13.50 per equity share i.e. 1350% and third interim dividend of Rs. 13.00 per equity share i.e. 1300% aggregating to Rs. 45.00 on face value of Re. 1 each for the financial year ended March 31, 2022

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
    % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100     (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
  Poll     0       0.0000       0       0       0       0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Institutions

  E-Voting     718822860       631856381       87.9015       631856381       0       100.0000       0.0000  
  Poll     0       0.0000       0       0       0       0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     718822860       631856381       87.9015       631856381       0       100.0000       0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Non Institutions

  E-Voting     408026230       41232528       10.1054       41202807       29721       99.9279       0.0721  
  Poll     9108       0.0022       9096       12       99.8682       0.1318  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     408026230       41241636       10.1076       41211903       29733       99.9279       0.0721  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
          Total     3717199039       3263287310       87.7889       3263257577       29733       99.9991       0.0009  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (4)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To re-appoint Ms. Priya Agarwal (DIN: 05162177), who retires by rotation and being eligible, offers herself for reappointment, as a Director

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
    % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100     (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
  Poll     0       0.0000       0       0       0       0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     2590349949       2590189293       99.9938       2590189293       0       100.0000       0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Institutions

  E-Voting     718822860       631856381       87.9015       524097080       107759301       82.9456       17.0544  
  Poll     0       0.0000       0       0       0       0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     718822860       631856381       87.9015       524097080       107759301       82.9456       17.0544  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Public- Non Institutions

  E-Voting     408026230       41217481       10.1017       40797397       420084       98.9808       1.0192  
  Poll     9107       0.0022       9095       12       99.8682       0.1318  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  Total     408026230       41226588       10.1039       40806492       420096       98.9810       1.0190  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
          Total     3717199039       3263272262       87.7885       3155092865       108179397       96.6849       3.3151  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (5)
Resolution required: (Ordinary / Special)    Special
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To consider and approve the reappointment of Mr. Akhilesh Joshi (DIN:01920024) as a Non-Executive Independent Director for a second and final term of two years effective from July 01, 2022 to June 30, 2024 of the Company

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
     % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100      (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       2590189293       99.9938       2590189293       0       100.0000        0.0000  
  Poll     0       0.0000       0       0       0        0  
  Postal Ballot
(if applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     2590349949       2590189293       99.9938       2590189293       0       100.0000        0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Institutions

  E-Voting     718822860       310613516       43.2114       170547659       140065857       54.9067        45.0933  
  Poll     0       0.0000       0       0       0        0  
  Postal Ballot
(if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     718822860       310613516       43.2114       170547659       140065857       54.9067        45.0933  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Non Institutions

  E-Voting     408026230       41209233       10.0997       40791626       417607       98.9866        1.0134  
  Poll     9107       0.0022       9085       22       99.7584        0.2416  
  Postal Ballot
(if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     408026230       41218340       10.1019       40800711       417629       98.9868        1.0132  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
          Total     3717199039       2942021149       79.1462       2801537663       140483486       95.2249        4.7751  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (6)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To approve entering into Material Related Party Transaction with Bharat Aluminium Company Limited (BALCO), a subsidiary of the Company

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
     % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100      (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       0       0.0000       0       0       0        0  
  Poll     0       0.0000       0       0       0        0  
  Postal Ballot
(if applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     2590349949       0       0.0000       0       0       0.0000        0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Institutions

  E-Voting     718822860       631856381       87.9015       631856381       0       100.0000        0.0000  
  Poll     0       0.0000       0       0       0        0  
  Postal Ballot
(if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     718822860       631856381       87.9015       631856381       0       100.0000        0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Non Institutions

  E-Voting     408026230       41226603       10.1039       41124846       101757       99.7532        0.2468  
  Poll     9108       0.0022       9096       12       99.8682        0.1318  
  Postal Ballot
(if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     408026230       41235711       10.1061       41133942       101769       99.7532        0.2468  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
          Total     3717199039       673092092       18.1075       672990323       101769       99.9849        0.0151  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  

 


Resolution (7)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To approve entering into Material Related Party Transaction with ESL Steel Limited (ESL), a subsidiary of the Company

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
     % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100      (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       0       0.0000       0       0       0        0  
  Poll     0       0.0000       0       0       0        0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     2590349949       0       0.0000       0       0       0.0000        0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Institutions

  E-Voting     718822860       631856381       87.9015       627222368       4634013       99.2666        0.7334  
  Poll     0       0.0000       0       0       0        0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     718822860       631856381       87.9015       627222368       4634013       99.2666        0.7334  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Non Institutions

  E-Voting     408026230       41228533       10.1044       41127750       100783       99.7556        0.2444  
  Poll     9108       0.0022       9096       12       99.8682        0.1318  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     408026230       41237641       10.1066       41136846       100795       99.7556        0.2444  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
          Total     3717199039       673094022       18.1076       668359214       4734808       99.2966        0.7034  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (8)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To approve entering into Material Related Party Transaction with Sterlite Power Transmission Limited (SPTL), a fellow subsidiary of the Company

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
     % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100      (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       0       0.0000       0       0       0        0  
  Poll     0       0.0000       0       0       0        0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     2590349949       0       0.0000       0       0       0.0000        0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Institutions

  E-Voting     718822860       631856381       87.9015       626708091       5148290       99.1852        0.8148  
  Poll     0       0.0000       0       0       0        0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     718822860       631856381       87.9015       626708091       5148290       99.1852        0.8148  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Non Institutions

  E-Voting     408026230       41216389       10.1014       41099089       117300       99.7154        0.2846  
  Poll     9108       0.0022       9086       22       99.7585        0.2415  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     408026230       41225497       10.1036       41108175       117322       99.7154        0.2846  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
          Total     3717199039       673081878       18.1072       667816266       5265612       99.2177        0.7823  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  


Resolution (9)
Resolution required: (Ordinary / Special)    Ordinary
Whether promoter/promoter group are interested in the agenda/resolution?    No
Description of resolution considered    To ratify the remuneration of Cost Auditors for the financial year ended March 31, 2023

 

Category

  Mode of voting   No. of
shares held
    No. of
votes polled
    % of Votes
polled on
outstanding
shares
    No. of votes –
in favour
    No. of
votes – against
    % of votes in
favour on votes
polled
     % of Votes against
on votes polled
 
        (1)     (2)     (3)=[(2)/(1)]*100     (4)     (5)     (6)=[(4)/(2)]*100      (7)=[(5)/(2)]*100  

Promoter and Promoter Group

  E-Voting     2590349949       2590189293       99.9938       2590189293       0       100.0000        0.0000  
  Poll     0       0.0000       0       0       0        0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     2590349949       2590189293       99.9938       2590189293       0       100.0000        0.0000  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Institutions

  E-Voting     718822860       631856381       87.9015       631342104       514277       99.9186        0.0814  
  Poll     0       0.0000       0       0       0        0  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     718822860       631856381       87.9015       631342104       514277       99.9186        0.0814  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Public- Non Institutions

  E-Voting     408026230       41193423       10.0958       41137902       55521       99.8652        0.1348  
  Poll     9108       0.0022       9096       12       99.8682        0.1318  
  Postal
Ballot (if
applicable)
    0       0.0000       0       0       0        0  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
  Total     408026230       41202531       10.0980       41146998       55533       99.8652        0.1348  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 
          Total     3717199039       3263248205       87.7878       3262678395       569810       99.9825        0.0175  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Whether resolution is Pass or Not.

 

    Yes  

Disclosure of notes on resolution

 

    Add Notes  

 

*

this fields are optional

 

Details of Invalid Votes  

Category

   No. of Votes  

Promoter and Promoter Group

  

Public Insitutions

  

Public - Non Insitutions

  
EX-99.2 3 d388174dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

 

UPENDRA SHUKLA         504, Navkar,
                    B. Com., F C. S         Nandapatkar Road,
Company Secretary         Vile Parle East, Mumbai - 400 057
        Resi : 2611 8257
        Mob.: 98211 25846
        E-mail : ucshukla@rediffmail.com

Shri Anil Agarwal

Chairman

Vedanta Limited

1st Floor, C wing, Unit 103, Corporate Avenue

Atul Projects, Chakala, Andheri (East)

Mumbai-400 093

Dear Sir,

Sub: Combined Report on Remote e-voting and e-voting conducted at the 57th Annual General Meeting of Vedanta Limited, held at 3.00 p.m. IST on Wednesday, the 10th August, 2022 through Video Conferencing (VC)/ Other Audio Visual Means (OAVM)

1)    I, Upendra C. Shukla, Practising Company Secretary, was appointed as the Scrutinizer by the Company to scrutinize the remote e-voting process and also e-voting by Members at the 57th Annual General Meeting (‘AGM’) of Vedanta Limited (hereinafter referred to as ‘the Company’), held through Video Conferencing (‘VC’) /Other Audio Visual Means (‘OAVM’) on Wednesday, the 10th August, 2022 at 3.00. p.m.

2)    Pursuant to the Circulars Nos. 14/2020, 17/2020, 20/2020, 33/2020, 39/2020, 10/2021, 20/2021 and 2/2022 dated 8th April, 2020, 13th April, 2020, 5th May, 2020, 28th September, 2020, 31st December, 2020, 23rd June, 2021, 08 December, 2021 and 05th May, 2022 respectively issued by the Ministry of Corporate Affairs (MCA Circulars) read with circular dated 12th May, 2020, 15th January, 2021 and 13th May, 2022 issued by the Securities Exchange Board of India (SEBI), the notice dated 5th July, 2022 as confirmed by the Company was sent to the Members in respect of below mentioned resolutions through electronic mode to those, whose e-mail addresses are registered with the Company/ Depositories.

3)    As per the provisions of Section 108 of the Companies Act, 2013 (‘the Act’) read with the Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended, as also in accordance with the Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided the facility of e-voting to the Members to cast their votes electronically on all the resolutions proposed in the Notice of the 57th AGM.

4)    The Company had appointed National Securities Depository Limited (‘NSDL’) as Service Provider, who provided the facilities for conducting the Remote e-voting, for participation by the Members in the AGM through VC/OAVM and e-voting during the said AGM.

5)    My responsibility as a Scrutinizer is to ensure that the voting process is conducted in a fair and transparent manner and submit a Scrutinizer’s Report on the votes cast ‘in favour’ or ‘against’ the resolutions, based on the reports generated from the electronic voting system provided by the NSDL. The Management of the Company is responsible to ensure compliance with the requirements of the Act and rules relating to remote e-voting and e-voting at the AGM.

Based on the reports generated from the e-voting system provided by the NSDL, I submit my report on e-voting as under:

 

  a)

The Remote e-voting period commenced from Friday, 05th August, 2022 at 9.00 a.m. (IST) and ended on Tuesday, 09th August, 2022 at 5.00 p.m. (IST).

 

...2/-


UPENDRA SHUKLA

: 2 :

 

  b)

The Company had also provided e-voting facility to the Members, who had participated in the AGM through VC/ OAVM and who had not casted their votes on Remote e-voting.

 

  c)

The Members of the Company as on the ‘cut-off’ date i.e. 03rd August, 2022 were entitled to vote on the resolutions as set-out in Item Nos. 1 to 9 of the Notice convening the 57th AGM of the Company.

 

  d)

On completion of e-voting during the AGM, I unblocked the results of the Remote e-voting and e-voting by the Shareholders at the AGM, on the NSDL e-voting system/ platform and after downloading the results, counted the votes.

 

  e)

All the 5348 Remote/e-voting responses are valid.

 

  f)

I now, submit my combined report as under on the results of the Remote e-voting and e-voting at the AGM in respect of the each of the resolutions as set out in the Notice dated 05th July, 2022 convening the AGM:

Resolution No. 1: Ordinary Resolution: To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2022 and the reports of the Board of Directors and Auditors thereon

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,210        3,262,365,566        99.98        73        688,233        0.02        36        5,720,347  

E-voting at AGM

     26        9,095        99.86        3        13        0.14        0        —    

Combined

     5,236        3,262,374,661        99.98        76        688,246        0.02        36        5,720,347  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

Resolution No. 2: Ordinary Resolution: To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 and the report of the Auditors thereon.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,187        3,261,787,290        99.96        85        1,236,535        0.04        47        5,750,321  

E-voting at AGM

     26        9,095        99.86        3        13        0.14        0        —    

Combined

     5,213        3,261,796,385        99.96        88        1,236,548        0.04        47        5,750,321  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

 

...3/-


UPENDRA SHUKLA

: 3 :

 

Resolution No. 3: Ordinary Resolution: To confirm the payment of first interim dividend of Rs. 18.50 per equity share i.e. 1850%, second interim dividend of Rs. 13.50 per equity share i.e. 1350% and third interim dividend of Rs. 13.00/- per equity share i.e. 1300% aggregating to Rs. 45.00 on face value of Rs. 1/- each for the financial year ended March 31, 2022.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,190        3,263,248,481        100.00        96        29,721        0.00        33        5,495,944  

E-voting at AGM

     27        9,096        99.87        2        12        0.13        0        —    

Combined

     5,217        3,263,257,577        100.00        98        29,733        0.00        33        5,495,944  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

Resolution No. 4: Ordinary Resolution: To re-appoint Ms. Priya Agarwal (DIN:05162177), who retires by rotation and being eligible, offers herself for re-appointment, as a Director.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     4,704        3,155,083,770        96.68        562        108,179,385        3.32        54        5,510,992  

E-voting at AGM

     26        9,095        99.87        2        12        0.13        

Combined

     4,730        3,155,092,865        96.68        564        108,179,397        3.32        54        5,510,992  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

Resolution No. 5: Special Resolution: To consider and approve the reappointment of Mr. Akhilesh Joshi (DIN:01920024) as a Non-Executive Independent Director for the second and final term of two (2) years effective from 01 July 2022 to 30 June 2024 of the Company.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     4,691        2,801,528,578        95.22        548        140,483,464        4.78        81        326,762,105  

E-voting at AGM

     25        9,085        99.76        3        22        0.24        0        —    

Combined

     4,716        2,801,537,663        95.22        551        140,483,486        4.78        81        326,762,105  

Since combined number of votes cast in favour of the resolution is more than three times the number of votes cast against the resolution, the said special resolution may be declared passed.

 

...4/-


UPENDRA SHUKLA

: 4 :

 

Resolution No. 6: Ordinary Resolution: To approve entering into Material Related Party Transaction with Bharat Aluminium Company Limited (“BALCO”), a subsidiary of the Company.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,111        672,981,227        99.98        143        101,757        0.02        65        2,595,691,162  

E-voting at AGM

     27        9,096        99.87        2        12        0.13        

Combined

     5,138        672,990,323        99.98        145        101,769        0.02        65        2,595,691,162  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

Resolution No. 7: Ordinary Resolution: To approve entering into Material Related Party Transaction with ESL Steel Limited (“ESL”), a subsidiary of the Company.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,096        668,350,118        99.30        159        4,734,796        0.70        64        2,595,689,232  

E-voting at AGM

     27        9,096        99.87        2        12        0.13        

Combined

     5,123        668,359,214        99.30        161        4,734,808        0.70        64        2,595,689,232  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

Resolution No. 8: Ordinary Resolution: To approve entering into Material Related Party Transaction with Sterlite Power Transmission Limited (“SPTL”), a fellow subsidiary of the Company.

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,066        667,807,180        99.22        188        5,265,590        0.78        65        2,595,701,376  

E-voting at AGM

     26        9,086        99.76        3        22        0.24        

Combined

     5,092        667,816,266        99.22        191        5,265,612        0.78        65        2,595,701,376  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

 

...5/-


UPENDRA SHUKLA

: 5 :

 

Resolution No. 9: Ordinary Resolution: To ratify the remuneration of Cost Auditors for the financial year ended 31 March 2023

 

     In favour of the Resolution      Against the Resolution      Not voted  
   No. of
Responses
received
     No. of votes cast      % of votes cast      No. of
Responses
received
     No. of votes cast      % of
votes cast
     No. of
Responses
received
     No. of shares/
Votes
 

Remote E-voting

     5,060        3,262,669,299        99.98        196        569,798        0.02        63        5,535,049  

E-voting at AGM

     27        9,096        99.87        2        12        0.13        

Combined

     5,087        3,262,678,395        99.98        198        569,810        0.02        63        5,535,049  

Since combined number of votes cast in favour of the resolution is more than number of votes cast against the resolution, the said ordinary resolution may be declared passed.

Thanking you,

 

     Yours faithfully,
UDIN:      (U.C. SHUKLA)
Peer Review Certificate No.: 1882/2022      COMPANY SECRETARY
Date:      FCS: 2727/CP: 1654
Place: Mumbai     
EX-99.3 4 d388174dex993.htm EX-99.3 EX-99.3

Exhibit 99.3

SUMMARY OF PROCEEDINGS OF THE 57TH ANNUAL GENERAL MEETING OF VEDANTA LIMITED HELD ON WEDNESDAY, AUGUST 10, 2022 THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS

 

The 57th Annual General Meeting (‘AGM/Meeting’) of the members of Vedanta Limited (the ‘Company’) was held on Wednesday, August 10, 2022 at 03:00 P.M. IST by way of Video Conferencing/Other Audio-Visual Means (‘VC/OAVM’) in accordance with the circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’) in addition to the applicable provisions of Companies Act, 2013 (the ‘Act’) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) and Rules made thereunder.

The Meeting commenced at 03:00 P.M. IST and concluded at 05:23 P.M. IST (including the time allowed for e-voting at the AGM).

Mr. Anil Agarwal, Chairman of the Board, chaired the Meeting and extended a warm welcome to all the members attending the meeting through VC/OAVM.

Before commencing the proceedings, the Chairman introduced the Board of Directors and Key Managerial Personnel of the Company present at the Meeting and confirmed that all directors were present at the Meeting except Ms. Padmini Sekhsaria who could not make it for the meeting due to some personal exigency and hence, leave of absence was granted to her. All the Panel Members attended from their respective locations. Further, the representatives of Statutory Auditors, Secretarial Auditors and the Scrutinizer for the Meeting were also present at the Meeting.

As per the records of attendance, 193 members attended the Meeting. The requisite quorum being present, the Chairman called the Meeting to order.

Ms. Prerna Halwasiya, Company Secretary & Compliance Officer of the Company, welcomed the members and briefed them on the general instructions relating to their participation at the Meeting through Audio-Visual means and also, that the Company had taken all feasible efforts under the current circumstances for conducting this AGM in a smooth manner to enable participation and voting through electronic mode. In this regard, the facility to view the proceedings of the Meeting was also made available for the members on the Company’s website and the website of National Securities Depository Limited (NSDL).

Members were further requested to refer to the Instructions provided in the Notice dated July 05, 2022 convening the Meeting (the ‘Notice’) and the FAQs available on the Company website and NSDL website for seamless participation through VC/OAVM.

It was also informed that as stated in the notes to Notice of this AGM, the statutory registers and documents required under the Act were available electronically for inspection by the members during the AGM by sending requests as per the guidelines in the Notice.

The Chairman then made his opening remarks and delivered his official address to the members. Post conclusion of the Chairman’s speech, the business items stated in the Notice were transacted.

With the consent of the members present at the Meeting, the Notice along with the Annual Report containing the Audited Financial Statements with Directors’ and Auditors’ Report for the year ended March 31, 2022 as sent to the members through electronic mode and available on the Company’s website, were taken as read. It was confirmed that the Auditors’ report does not contain any qualifications/modified opinion or adverse remarks.

Members were further informed that in compliance with the Act, the Company had provided the remote e-voting facility before and during the AGM to cast vote electronically on all the resolutions set forth in the Notice. The remote e-voting period before the date of AGM commenced on Friday, August 05, 2022 (09:00 A.M. IST) and ended on Tuesday, August 09, 2022 (05:00 P.M. IST). Members, who did not cast their votes electronically earlier, were also permitted to cast their votes during the course of Meeting through the e-voting system provided by NSDL as detailed in the Notice.

 

VEDANTA LIMITED

 

REGISTERED OFFICE: Vedanta Limited, 1st Floor, ‘C’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (East),

Mumbai – 400093, Maharashtra, India | T +91 22 6643 4500 | F +91 22 6643 4530

 

CIN: L13209MH1965PLC291394

 

Sensitivity: Public (C4)


In terms of the Notice dated July 05, 2022, the following items of business were transacted at the Meeting:

 

S. No.

  

ITEM TRANSACTED

   RESOLUTION

ORDINARY BUSINESS

1.

   To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended 31 March 2022, and the reports of the Board of Directors and Auditors thereon    Ordinary

2.

   To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended 31 March 2022, and the report of the Auditors thereon    Ordinary

3.

   To confirm the payment of first interim dividend of 18.50 per equity share i.e. 1850%, second interim dividend of 13.50 per equity share i.e. 1350% and third interim dividend of 13.00 per equity share i.e. 1300% aggregating to 45.00 on face value of 1/- each for the financial year ended 31 March 2022    Ordinary

4.

   To re-appoint Ms. Priya Agarwal (DIN: 05162177), who retires by rotation and being eligible, offers herself for reappointment, as a Director    Ordinary

SPECIAL BUSINESS

5.

   To consider and approve the reappointment of Mr. Akhilesh Joshi (DIN: 01920024) as a Non-Executive Independent Director for the second and final term of two (2) years effective from 01 July 2022 to 30 June 2024 of the Company    Special

6.

   To approve entering into Material Related Party Transaction with Bharat Aluminium Company Limited (“BALCO”), a subsidiary of the Company    Ordinary

7.

   To approve entering into Material Related Party Transaction with ESL Steel Limited (“ESL”), a subsidiary of the Company    Ordinary

8.

   To approve entering into Material Related Party Transaction with Sterlite Power Transmission Limited (“SPTL”), a fellow subsidiary of the Company    Ordinary

9.

   To ratify the remuneration of Cost Auditors for the financial year ended 31 March 2023    Ordinary

Members were given an opportunity to speak at the Meeting by registering themselves as the speaker as per the procedure detailed in the Notice. Members, who had registered before-hand and conveyed their willingness to speak at the Meeting, were sequentially invited to express their views or ask questions and seek clarification(s). Appropriate responses/ clarifications were provided to the questions/ queries raised by the members. Members were also provided the facility to post their suggestions, feedbacks or questions through a dedicated Chat box that was available below the Meeting screen during the conduct of the Meeting.

Post the Question & Answer Session, Chairman authorized Ms. Prerna Halwasiya to carry out the e-voting process and conclude the Meeting and further authorized her to declare the voting results, intimate the stock exchanges within the statutory timelines and place the same on the website of the Company.

The Chairman then extended his gratitude and appreciation to the members, Board of Directors, Auditors, and members of the management team for their continued support and for attending and participating in the Meeting.

The e-voting facility was kept open for next 15 minutes post the conclusion of the proceedings to enable the members to cast their votes.

The Board of Directors had appointed Mr. Upendra C. Shukla, Practicing Company Secretary (FCS No.2727, CP No.1654) as the Scrutinizer to supervise the e-voting process in a fair and transparent manner.

It was further confirmed that the requisite quorum was present throughout the Meeting.

 

VEDANTA LIMITED

 

REGISTERED OFFICE: Vedanta Limited, 1st Floor, ‘C’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (East),

Mumbai – 400093, Maharashtra, India | T +91 22 6643 4500 | F +91 22 6643 4530

 

CIN: L13209MH1965PLC291394

 

Sensitivity: Public (C4)


The Meeting was concluded at 05:23 P.M. IST (including the time allowed for e-voting at AGM) with a vote of thanks to the members.

All the resolutions stated in the Notice were passed by the members with requisite majority.

The details of voting results on all resolutions set out in the Notice and the Consolidated Report as received from the Scrutinizer are placed as Annexure-I and Annexure-II respectively and also available on the Company website at www.vedantalimited.com, on the website of NSDL at www.evoting.nsdl.com and on website of the stock exchanges www.nseindia.com and www.bseindia.com.

This is for your information and records.

For Vedanta Limited

Prerna Halwasiya

Company Secretary & Compliance Officer

 

VEDANTA LIMITED

 

REGISTERED OFFICE: Vedanta Limited, 1st Floor, ‘C’ wing, Unit 103, Corporate Avenue, Atul Projects, Chakala, Andheri (East),

Mumbai – 400093, Maharashtra, India | T +91 22 6643 4500 | F +91 22 6643 4530

 

CIN: L13209MH1965PLC291394

 

Sensitivity: Public (C4)