Saksoft Limited CIN: L72200TN1999PLC054429 Global Infocity Park, Block A, 2nd Floor, # 40, Dr.M.G.R. Salai, Kadanchavadi Perungudi, Chennai – 600 096. P: +91-44-2454 3500 F: +91-44-2454 3510 Email: [email protected]

10th August, 2020

To

Dear Sir/Madam,

Sub: Outcome of 21st Annual General Meeting – SAKSOFT LIMITED

Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements)Regulations, 2015, we enclose the gist of proceedings of the 21st Annual General Meeting held on Monday, the 10th August, 2020.

Kindly take the above information on your record.

For Saksoft Limited

S. Muthukrishnan Company Secretary

Gist of Proceedings of the 21st Annual General Meeting of Saksoft Limited

Date. Time and Venue of the Annual General Meeting:

The 21st Annual General Meeting (AGM) of the Company was held on Monday, August 10, 2020 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Meeting commenced at 10:30 a.m. (IST) and concluded at 11.05 a.m. (IST)

Proceedings in brief

• Mr. Aditya Krishna, Chairman and Managing Director, Chaired the Meeting.
• The requisite quorum being present, the Chairman called the meeting to order.
• The Chairman informed that the Meeting was held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.
• The Chairman informed that remote e-voting commenced from August 06, 2020 (9.00 AM) and ended on August 09, 2020 (5.00 PM).
• The following items of the business as set out in the Notice convening the 21st Annual General Meeting were commended for members consideration and approval:

Ordinary Business:-

• 1. Consideration and adoption of (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2020 and the Reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2020 and the Report of Auditors thereon.
• 1. Confirmation of payment of Interim Dividends declared during the Financial Year 2019- 2020, on Equity Shares as the Final Dividend for the financial year 2019-2020.
• 1. Appointment of Ms. Kanika Krishna, a Director retiring by rotation.

Special Business:-

• 1. Appointment of Mr. Ganesh Chella as an Independent Director.
• 1. Appointment of Ms. Malini Thadani as an Independent Director.
• 1. Re- appointment of Mr. Aditya Krishna as Managing Director.

Clarifications were provided to the queries raised by the members.

• The Chairman also informed the members that Mr. V. Suresh, Practicing Company Secretary has been appointed as Scrutiniser to scrutinize the voting through electronic means (i.e. remote e-voting and voting at the meeting by using electronic system).

The Chairman also informed the members that the results of e-voting shall be disseminated to the stock exchanges and also uploaded on the website of the Company, Registrar and Transfer Agent of the Company and Central Depository Services (India) Limited (CDSL), Depository which provided e-voting facility within forty eight hours from the conclusion of the Annual General Meeting.

Voting by members

• The Company had provided remote e-voting facility to its members to cast votes electronically on all the items of business set out in the Notice.
• Further, the facility to vote on resolutions through electronic voting system at the meeting was made available to the members who participated in the meeting and had not cast their votes through remote e-voting.

Note:

The Company will separately intimate the Stock Exchanges about the results of e-voting.

This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company.

For Saksoft Limited

S.Muthukrishnan Company Secretary