CreditAccess Grameen Limited

CreditAccess Grameen Limited

Regd. & Corporate Office #49, 46th

Cross, 8th Block, Jayanagar, Bengaluru-560070

Phone: 080-22637300 | Fax: 080-26643433 Email: [email protected]

Website: www.creditaccessgrameen.in CIN: L51216KA1991PLC053425

July 31, 2021

To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip code: 541770

National Stock Exchange of India Limited The Exchange Plaza Bandra Kurla Complex Bandra (East), Mumbai 400051 Scrip code: CREDITACC

Dear Sir/Madam,

Sub.: Voting Result and Scrutinizer’s Report of the 30th Annual General Meeting

(AGM) held on July 30, 2021

In accordance with Regulation 44 of the Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Voting

Result and the Scrutinizer’s Report dated July 31, 2021 in the prescribed format of the Companies

Act, 2013, of the 30th AGM of the Company held on July 30,2021, for your information and

records.

The said report is made available on the website of the Company at www.creditaccessgrameen.in

also on the website of KFin Technologies Private Limited.

Thanking you,

Yours Truly

For CreditAccess Grameen Limited

M. J. Mahadev Prakash

Head – Compliance, Legal & Company Secretary

Encl.: As above

http://www.creditaccessgrameen.in/

CS Dwarakanath C

Company Secretary in Practice B.Com., LL.B., FCS & IP

#31, 3rd Floor, Rear Block, Opp.Karanji Anjaneya Temple, W.A.T.Street, Basavanagudi, Bengaluru– 560 004 Ph: 080-41203012; Mobile: 9448362485; e- mail – [email protected]

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FORM NO. MGT-13 Report of Scrutinizer

[Pursuant to section 108 and 109 of the Companies Act, 2013 read with rule 20 and 21 of

the Companies (Management and Administration) Rules, 2014 as amended by the Companies (Management and Administration) Amendment Rules, 2015]

To, The Chairman of the 30th Annual General Meeting of the equity shareholders of CreditAccess Grameen Limited (the “Company”) held on Friday, July 30, 2021 at 3.00 p.m. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”).

Dear Sir, I, Dwarakanath C, Company Secretary in Practice, appointed as Scrutinizer for the purpose of scrutinizing the votes cast through electronically at the 30th Annual General Meeting of the equity shareholders of CreditAccess Grameen Limited, held on Friday, July 30, 2021 at 3.00 p.m. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”), submit my report as under: 1. The combined scrutinizer’s report on remote e-Voting and electronic voting on the day

of Annual General Meeting is annexed herewith: Annexure A

2. The result of the electronic voting on the day of AGM is as under:

REST OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK


Scrutinizer’s Report Annual General Meeting held on 30th July 2021

Page 2 of 6

Resolution No. 1 – Adoption of Financial Statements - Ordinary Resolution To receive, consider and adopt: a. The Audited Financial Statements (including Consolidated Financial

Statements) of the Company for the financial year ended March 31, 2021

together with the Reports of the Board of Directors and Auditors

thereon.

(i) Voting “in Favour” of the resolution

Total Number of members who exercised their votes

Total Number of votes cast by them (no. of shares)

% of total number of valid votes cast

10 295381 100

(ii) Voted “against” the resolution




00 00 00

(iii) Invalid Votes

Total Number of members who exercised their votes whose votes were declared invalid

Total Number of votes cast by them (shares)

00 00



Page 3 of 6

Resolution No. 2 – Appointment of Mr. Paolo Brichetti (DIN: 01908040) as a Director liable to retire by rotation - Ordinary Resolution

The Nomination & Remuneration Committee and the Board of Directors of the Company at its meeting held on July 28, 2021, have accepted Mr. Paolo Brichetti’s proposal to retire by rotation and not seek reappointment as a Director of the Company, on medical grounds. Therefore, this agenda item was no longer relevant and consequently, votes cast on the said item through remote e-voting facility or through e-Voting on the day of AGM was not given effect to.. (i) Voting “in Favour” of the resolution




NA NA NA



Total Number of votes cast by them(shares)


NA NA NA

(iii) Invalid Votes



NA NA



Page 4 of 6

Resolution No. 3 - Increase in Borrowing Limits– Special Resolution (i) Voting “in Favour” of the resolution




10 295381 100





00 00 00

(iii) Invalid Votes



00 00



Page 5 of 6

*Resolution No. 4 - To approve the Material Related Party Transaction with Madura Micro Finance Limited– Special Resolution (i) Voting “in Favour” of the resolution




10 295381 100





00 00 00

(iii) Invalid Votes



00 00

*Promoters being interested in this agenda item abstained from voting.



Page 6 of 6

3. Soft copy containing a list of equity shareholders who voted electronically “FOR”,

“AGAINST” and those whose votes were declared invalid for each resolution has

been e-mailed to the Company Secretary of the Company.

4. All other relevant records were sealed and handed over to the Company Secretary

for safe keeping.

Thanking You, Yours faithfully,

Dwarakanath C Company Secretary in Practice (FCS: 7723 C.P. No: 4847) UDIN No. F007723C000715914 Peer Review Certificate No.674/ 2020

Place: Bengaluru Date: 31st July 2021

Encl: As above

CS Dwarakanath C

Company Secretary in Practice B.Com., LL.B., FCS & IP

#31, 3rd Floor, Rear Block, Opp.Karanji Anjaneya Temple, W.A.T.Street, Basavanagudi, Bengaluru– 560 004 Ph: 080-41203012; Mobile: 9448362485; e- mail – [email protected]

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Annexure A COMBINED SCRUTINIZER’S REPORT ON REMOTE E-VOTING AND ELECTRONIC VOTING AT THE

ANNUAL GENERAL MEETING To, The Chairman of the 30th Annual General Meeting of the equity shareholders of CreditAccess Grameen Limited (the “Company”) held on Friday, July 30, 2021 at 3.00 p.m. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”). Dear Sir, I, Dwarakanath C, Company Secretary in Practice, appointed as Scrutinizer pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the purpose of: a. Scrutinizing the remote e-voting process under the provisions of Section 108 of the

Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

b. Voting through electronic voting system (AGM Voting) on the day of 30th Annual General

Meeting (‘AGM’);

The management of the Company is responsible to ensure compliance with the requirement of the Companies Act, 2013, Rules and circulars issued by Ministry of Corporate Affairs (‘MCA’) and Securities Exchange Board of India (‘SEBI’) relating to conducting of AGM through VC/OAVM and voting by electronic means for the resolutions contained in the Notice of the 30th

Annual General Meeting of the Equity Shareholders held and conducted on 30th July 2021. My responsibility as a Scrutinizer for the voting process of voting by electronic means is restricted to making a Consolidated Scrutinizer’s Report of the votes cast “in favor” and/or “against” the resolution stated in the notice of the AGM, based on the report generated from the e-voting system provided by the M/s KFin Technologies Private Limited (KFin), the Registrar & Share Transfer Agents (“RTA”) of the Company to provide remote e-voting facilities and e-voting facilities to vote at the AGM (“AGM Voting”).

CreditAccess Grameen Limited Combined Scrutinizer’s Report

Annual General Meeting held on 30th July 2021

Page 2 of 7

We submit our report as under: 1. The remote E-Voting period remained open from 9.00 a.m. (IST) Tuesday, July 27, 2021 up to

5.00 p.m. (IST) Thursday, July 29, 2021.

2. The Annual Report, the Notice of Annual General Meeting and the e-voting instructions slip

were sent only by the electronic mode (e-mail) to those members whose email addresses

were registered with the Company / Depository Participants / Depositories pursuant to MCA

Circular No.20/2020 dated May 05, 2020 read with Circular No. 14/2020 dated April 08, 2020

and Circular No. 17/2020 dated April 13, 2020 and SEBI Circular No. SEBI/HO/CFD/

CMD1/CIR/P/2020/79 dated May 12, 2020.

3. The voting rights were reckoned as on Friday, July 23, 2021 being the Cut-off date for the

purpose of deciding the entitlements of members at the remote e-voting.

4. After the conclusion of the Annual General Meeting, the votes cast through remote e-voting

were unblocked on July 30, 2021 at 04.22 P.M. and the results were downloaded.

5. The shareholders present during the AGM through VC voted through e-voting facility

provided by KFin.

6. As per the information given by the Company / RTA the names of the shareholders who had

voted by remote e-voting through the facility provided by KFin had been blocked and only

those members who were present at the AGM through VC and who had not voted on

remote e-voting were allowed to cast their votes through e-voting system during the AGM.

7. Based on the data provided by KFin e-voting system, the total votes cast in favour or against

all the resolutions proposed in the Notice of the AGM are as under:

REST OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK



Page 3 of 7

Resolution No. 1 – Adoption of Financial Statements - Ordinary Resolution

To receive, consider and adopt: a. The Audited Financial Statements (including Consolidated Financial Statements) of the

Company for the financial year ended March 31, 2021 together with the Reports of the

Board of Directors and Auditors thereon.





Remote e- voting 242 140492669 99.7902

e-Voting on the day of AGM 10 295381 0.20981

Total 252 140788050 100


(iii) Invalid Votes


Total number of votes cast by them (shares)

Remote e- voting 00 00

e-Voting on the day of AGM 00 00

Total 00 00




Remote e- voting 00 00 00

e-Voting on the day of AGM 00 00 00

Total 00 00 00



Page 4 of 7

Resolution No. 2 – Appointment of Mr. Paolo Brichetti (DIN: 01908040) as a Director liable to retire by rotation - Ordinary Resolution. The Nomination & Remuneration Committee and the Board of Directors of the Company at its meeting held on July 28, 2021, have accepted Mr. Paolo Brichetti’s proposal to retire by rotation and not seek reappointment as a Director of the Company, on medical grounds. Therefore, this agenda item was no longer relevant and consequently, votes cast on the said item through remote e-voting facility or through e-Voting on the day of AGM was not given effect to.





Remote e- voting NA NA NA

e-Voting on the day of AGM NA NA NA

Total NA NA NA


(iii) Invalid Votes




Remote e- voting NA NA NA

e-Voting on the day of AGM NA NA NA

Total NA NA NA



Remote e- voting NA NA

e-Voting on the day of AGM NA NA

Total NA NA



Page 5 of 7

Resolution No. 3 - Increase in Borrowing Limits– Special Resolution (i) Voting “in Favour” of the resolution




Remote e- voting 231 140336039 99.6790


Total 241 140631420 99.8888


(iii) Invalid Votes




Remote e- voting 10 156595 0.11123


Total 10 156595 0.11123





Total 00 00



Page 6 of 7

Resolution No. 4 - To approve the Material Related Party Transaction with Madura Micro Finance Limited– Special Resolution





Remote e- voting 203 20966696 83.0875


Total 213 21262077 84.2580


(iii) Invalid Votes

* Promoters being interested in this agenda item abstained from voting.




Remote e- voting 35 3972404 15.7420


Total 35 3972404 15.7420





Total 00 00



Page 7 of 7

8. A list of Equity shareholders who voted “FOR”, “AGAINST” the resolutions (Both through

Remote E-voting and E-voting on the day of AGM) has been handed over to the Company

Secretary.

9. The electronic data and all other relevant records relating to the e-voting shall remain in our

safe custody and shall be handed over to the Company Secretary for preserving safely after

the Chairman considers, approves and signs the Minutes of the aforesaid Annual General

Meeting.

A separate Report of the Scrutinizer in Form MGT-13, of even date, has been issued for the results of the electronic voting at the AGM.

Thanking you. Yours faithfully, Dwarakanath C Company Secretary in Practice (FCS: 7723 C.P. No: 4847) Date: 31st July 2021

…………………………………… M. J. Mahadev Prakash

Head – Compliance, Legal & Company Secretary

ACS Membership No: 16350

Date: 31st July 2021

Resolution No.Resolution required: (Ordinary/ Special)Whether promoter/ promoter group are interested in the agenda/resolution?

Category Mode of Voting No. of shares held (1)

No. of votes polled (2)

% of Votes Polled on outstanding

shares (3)=[(2)/(1)]* 100

No. of Votes – in favour (4)

No. of Votes – against (5)

% of Votes in favour on votes

polled (6)=[(4)/(2)]*100

% of Votes against on votes

polled (7)=[(5)/(2)]*100

Votes Invalid

Votes Abstained

E-Voting 11,51,09,028 100.0000 11,51,09,028 0 100.0000 0.0000 0 0Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 11,51,09,028 100.0000 11,51,09,028 0 100.0000 0.0000 0 0E-Voting 2,42,02,799 78.5110 2,42,02,799 0 100.0000 0.0000 0 0Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 2,42,02,799 78.511 2,42,02,799 0 100.0000 0.0000 0 0E-Voting 11,80,842 12.2081 11,80,842 0 100.0000 0.0000 0 0Poll 2,95,381 3.0538 2,95,381 0 100.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 14,76,223 15.2619 14,76,223 0 100.0000 0.0000 0 0Total 15,56,08,907 14,07,88,050 90.4756 14,07,88,050 0 100.0000 0.0000 0 0

Resolution No.

Resolution required: (Ordinary/ Special)Whether promoter/ promoter group are interested in the agenda/resolution?




shares (3)=[(2)/(1)]* 100




polled (6)=[(4)/(2)]*100


polled (7)=[(5)/(2)]*100

Votes Invalid

Votes Abstained

E-Voting 0 0.0000 0 0Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 0 0.0000 0 0 0.0000 0.0000 0 0E-Voting 0.3161 0 3,33,836Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 0 0 0 0 0.0000 0.0000 0 333836E-Voting 14 0.0011 0 0Poll 3.0440 0 0.0000 0 950Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 0 3.044 0 14 0.0000 0.0000 0 950Total 15,56,08,907 0 0.0000 0 14 #DIV/0! #DIV/0! 0 334786

Resolution No.Resolution required: (Ordinary/ Special)Whether promoter/ promoter group are interested in the agenda/resolution?




shares (3)=[(2)/(1)]* 100




polled (6)=[(4)/(2)]*100


polled (7)=[(5)/(2)]*100

Votes Invalid

Votes Abstained

E-Voting 11,51,09,028 100.0000 11,51,09,028 0 100.0000 0.0000 0 0Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 11,51,09,028 100.0000 11,51,09,028 0 100.0000 0.0000 0 0E-Voting 2,42,02,799 78.5110 2,40,46,268 1,56,531 99.3532 0.6467 0 0Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 2,42,02,799 78.511 2,40,46,268 1,56,531 99.3533 0.6467 0 0E-Voting 11,80,807 12.2077 11,80,743 64 99.9945 0.0054 0 35Poll 2,95,381 3.0538 2,95,381 0 100.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0Total 14,76,188 15.2615 14,76,124 64 99.9957 0.0043 0 35Total 15,56,08,907 14,07,88,015 90.4756 14,06,31,420 1,56,595 99.8888 0.1112 0 35

Resolution No.

Resolution required: (Ordinary/ Special)Whether promoter/ promoter group are interested in the agenda/resolution?

Category

Mode of Voting No. of shares held (1)



shares (3)=[(2)/(1)]* 100




polled (6)=[(4)/(2)]*100


polled (7)=[(5)/(2)]*100

Votes Invalid

Votes Abstained

E-Voting 0 0.0000 0 0 0.0000 0.0000 0 11,51,09,028Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0

Total 0 0.0000 0 0 0.0000 0.0000 0 115109028E-Voting 2,42,02,799 78.5110 2,02,30,395 39,72,404 83.5870 16.4129 0 0Poll 0 0.0000 0 0 0.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0

Total 2,42,02,799 78.511 2,02,30,395 39,72,404 83.5870 16.4130 0 0E-Voting 7,36,301 7.6122 7,36,301 0 100.0000 0.0000 0 4,44,541Poll 2,95,381 3.0538 2,95,381 0 100.0000 0.0000 0 0Postal Ballot 0 0.0000 0 0 0.0000 0.0000 0 0

Total 10,31,682 10.666 10,31,682 0 100.0000 0.0000 0 444541Total 15,56,08,907 2,52,34,481 16.2166 2,12,62,077 39,72,404 84.2580 15.7420 0 115553569

*The Nomination & Remuneration Committee and the Board of Directors of the Company at its meeting held on July 28, 2021, have accepted Mr. Paolo Brichetti’s proposal to retire by rotation and not seek reappointment as a Director of the Company, on medical grounds. Therefore, this agenda item was no longer relevant and consequently, votes cast on the said item through remote e-voting facility or through Insta-poll during the AGM was not given effect to.

CREDITACCESS GRAMEEN LIMITEDDate of the AGM/EGM 30-07-2021Total number of shareholders on record date 38997No. of shareholders present in the meeting either in person or through proxy: Promoters and Promoter Group: Not Applicable Public: Not ApplicableNo. of Shareholders attended the meeting through Video Conferencing Promoters and Promoter Group: 1 Public: 77

1ORDINARY - Adoption of Financial Statements

Promoter and Promoter Group

Public- Institutions

Public- Non Institutions 96,72,610

3,08,27,269

11,51,09,028

No

2

ORDINARY - Appointment of Mr. Paolo Brichetti (DIN 01908040) as a Director liable to retire by rotation*



Public- Non Institutions

No

3SPECIAL - Increase in Borrowing Limits




3,08,27,269

11,51,09,028

No

4SPECIAL - To approve the Related Party Transaction with Madura Micro Finance Limited




3,08,27,269

11,51,09,028

Yes

CreditAccess Grameen Limited

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