SFIYFIJI

M PMaize Products

[A Division 01 Sayaji Industnes Ltd.)

November 7. 2018

To.

General ManagerThe Bombay Stock Exchange Limited

Phiroze Jeejeehhoy Towers.

Dalal Street. Fort

Mumbai

Maharashtra 400001

Subject: Postal Ballot Notice — Disclosures under Regulation 30 of the securities and Exchange Board

of India (Listing Obligations 8: Disclosure Requirement) Regulations, 2015.

Company Code: 540728

Dear Sil‘V

Funher to our letter dated November 03. 2018. intimating the Stock Exchange about the outcome of meeting

of the board ofdirectors of the company held on November 03. 2018. we would like to inform you that the

company has sent the Postal Ballot Notice. along with the other documents as required. to all the

shareholders ofthe company whose names appear on the Register of Members/ List of Beneficial O\\ncrs as

on November 02.2018(cuHrtTdate) for seeking approval of the members ofthe company by voting through

postal ballott including voting by electronic means. for the matters as set forth in the Posml Ballot Notice

The Copy ofpostal Ballot notice is attached hereuith.

Pursuant to Regulation 30 ofthe SEBI (Listing Obligation and Disclosure Requirements) Regulations. 2015.

we enclose the Postal Ballot Notice and the Form sent to the equity shareholders ofthe Company

The Company has engaged the services of M/s Karvy Computersharc Private Limited for the purpose of

providing e~voting facility to all its Members. The voting through physical Ballot and e-\oting shall

commence from Thursday November 8. 2018 at 9.00 am [ST and shall end on Friday December 7. 2018 at

5.00 pm IST. The results ofthe postal ballot will be announced on or before December 9. 2018.

The above documents are also available on the website ofthe company wwwsayajigmupjn

Kindly take the same on your record and acknovt ledge receipt.

Thanking you.

Yours faithfullyFor Sayaji Industries Ltd.

Ol’ “‘51“;

(Rajesh H. Shah)

Company Secretary &

Sr. Executhe Vice President

_ ,

Sayaji Industries Ltd.End" A5 abme

Regd.0fi(e&Works:Chinubhai Nagar, PD. Kathwada,

Ahmedabadr382 430, Gujarat, India

T:+91-79-21900881-85, 22901581-85

E: maize-@sayajigroupvinClN No L999996J1941PLC00047‘ W: www.ma)zeprodu(ts.(om

SAYAJI INDUSTRIES LIMITEDCrn , L99999GJ194lPLCOOO471

Regd ornoe P0 Kalhwada, Maize Produas, Ahmedabad - 332430

Tel «217922901551 lo 55. E-marl maize@sayajigroup m_ Websile www saya’lgroup in

Postal Ballot Notice

Dear Memvs.

Notice pulllllm II) Section 110 nl "I9 Companies REL 1013 read will] Rule 21 o! the Comparing (Management and Adminislnbon) Rules. 2014

including any amulory niodirroalion and reenacbrrern mereol lor the lime being In lorce.

Nance is hereby given pursuanl lo Seclion no pl lhe Companies m. 2013 read with Rule 22 ollhe Companies (Managemenl and Adminrsiranoni Rules. 2014

(moird‘rng airy siaiulory ll'IodlficalloMs) or re enaobnenl lheieol. lor lhe lime bemg in force) (The Rules). lhai lhe resoluuoris appended below are lo be passed byway of Poslal Ballpv evoimg

The exolanaloly slalemenl pertaining lo lhe resolullons selling our lhe malenal facts and the reasons lheleol ls also appended along wllh lhe Fuslal Balloi Form

('Foml') lor your awsldelallon

The Board of Directors ol lhe Company has appornled Mr Nirai Tnvedi, a Company Secreiary in Pradlce (PCS No 32144. c F' No 3l23) as ihe ScruIInIzer loroorrducling lhe Poslal Ballol process in a lair and bansparenl manner Members desiring lo exemse iherr vole by Poslal Ballor are requesled io mmlully read lhernslrucllors pririlod in lhe Poslal Ballor Fonn and relum lhe same duly oompleled in lhe enclosed senaddressed Business Reply Envelope Paslage will be borneand paid by lhe Company Poslal Balloi Foml(s). r1 senl by courier or by reqisleled ppsl/ speed pdsl al lhe expense ol the member(s) will also be accepled ThePoslal Balol Foml(s) rrlay also be deposiled personally at lhe address given lheieon The duly oompleled Postal Ballol Ecnnlsl should reach lhe SClullnlzer nollaler lhan 5.00 pm on December 7 2018 lo be eligible for bemg considered failing which rl will be smclly healed as it no reply has been renamed from lhemember

Members desrnnp lo opl lor e-vmlng as per lacrlmes arranged by lhe Company are requesled lo read me rnslrucbons in lhe Noies under ihe secron 'rhslnrcuonsl0! e-vlmng

'

The Summer will submrl his repori lo lhe Charmian or any olher Direolpr ol lhe Company aner lhe opniplerron olihe scruiiny nlihe Postal Balicrs lrncludrng e

volmg), The iesull ol Poslal aallol shall be dedared on or beloie December 9, 201a and communicaled io lhe Slock Exchanges and would also be displayed on

lhe Company‘s websde www sayailgroup in

lain up 1 :

Appmval lor lubdivlslon ol :qulty Sham o1 lhe Company

To consider and if thoughl l'll. lo pass lhe lonowing resolution as an Ordinary Resolunon

‘RESOLVED THAT pursuant lo the provlslons Ol Semen 6! (1] (d) and all (libel appllrzble provisions. ll any. 0' the Campanles Acl, 20B and Rules framedihereunder (mending any sialulory rnodrncallori or reenacrmenl lhereollorihe lime being In lone) and provisions ol Memorandum ol Assocralron and Amdes o!Assoaab‘on nl lhe Company and Snbted In such omel approvals. consenls, WW and sanctions as may be necessary (ram me slalulury authoritiesConcerned. mnsenl ol lhe members Ol the Company be and IS neveby 3900mm for lhe sumawrsron of none) Equity Share ol the Company of face value nlRs llll- each fillry patdflu into 2 (Two) Eqully Shares nl RS 5/— each fully paka (“subdivision")

RESOLVED FURTHER THAT upon suMlvlsum, 2 (Two) Eouriy Shares ol lace value at Rs 5I- eadl hilly paid up be allmled In lieu ol 1 (one) Eouiry share olRs lnl . each lulry pald up subjecl lo rhe lenns ol lhe Memorandum ol Assooalloh and Arocles ol Assouanon ol lhe Company and shall rank parr passu in allrespects and carry the same righrs as lhe exlsnng hilly paid Eqully snares ol Rs 10/7 each ol lhe Company and shall be enbiled lo panicipaie in lull in anydrvrderro(sl lo be declared aner subdivision or Eouily Shares

RESOLVED FURTHER THAT upon subdivision ol lhe Eouny Shares as aloresald. lhe exlsllng share Cemficalfls) in relalrori lo exlshng Equity snares 0! ma lacevalue oi Rs IOI- each held in physical lorm would be deemed lo have been aulomabcaly wncelled and be ol no elleol on and horn lhe record dale and lhe

Onmpalry may. wnhorrl requinno surrender ol lhe exrslinp share Cemficale(s) issue and dlspalch lhe new Shale Cemficale(s) ol the Company mlh new sol oldrslmclrve numbers. in lieu ol such eXIshng Share Cemfiaams) subyecl lo lhe provisons o! lhe Companies (Snare Caprial and Debenluresi Rules. 201A and in lheCase at Enuny Shares held in demalerialrzed Fon'n. me number ol subdivided Equity Shares be credrled lo lhe respeaive beneficlary aocounls ol lhe membersmainlarned vrnh lhe respeaive deposrlory pamcrpanls. rn lieu Mme axlsllng credrls representing me Equity Shares of lhe Company belore me subdrvrsron

REDSLVED FURTHER THAT ilie Board or Driecrors ol lhe Company (which lerm shall also be deemed in include any commmee wnsllluled ihereoll beaulliorised lo fix lhe record dale lor lhe purpose ol subdivision and lake and: sleps as may be necessary including lhe delegaborr ol all or any nl rrs powers hereinoorllerred In any Direcloris) and lhe Company Secrelary cl lhe Company Tor oblarmng appmvals, slalulory. mniraciual or otherwise, In relauon lo lhe above and loseine all mailers arising bul ol and modenial lherelo. and lb execute all deeds. awlx‘afions. documenls. undenaklngs and wnllngs ihai may be required on behallol lhe Company and generally lo do all acls, deeds. mailers and lllrngs lhai may be necessary proper expedm or rnorderilal lor lhe purpose or giving enecl lothe resolulion

Item No. 2 :

Alter-flan ol Capiul Clause of Melllnrlnduln cf Allocllllon

To consider and ll lllouglll fit. in pass. lhe following resolullon as a Speaal Resollmon

‘RESOLVED THAT pursuanl to Section la, 61 and other applicable provisions il any. ol The Companies Acl. 20B (including any slalulory modificanon or reenaclrrlerll lhereol for lhe time being in lorce) and subyecl In such omer approvahs) from me concerned slamrory aulllontynes) Clause VI ol lhe Memorandum olMsodalim ollhe Company relaling la capital be subsllluled by the followlng Clause

clause VI would be subsllluled as lollows

The aulhonsed capilal at me Company shall be Rs.5,oa.ao.oouHRupees hve Crores) divided lino l.oo.ou.uon [One Croresl shares nf Rs 5L each. wrih nghls.pnvrleges and condihons ailaohed lherelo as are provided by lhe Amoles ol Associabon of lhe Company for me lime being wrlh power in increase or reclassny oraller lhe mpllal ollhe Company and lo dlvlde/ oonsolrdale lhe shares m lhe caplial lor lhe irrrle being me several classes and lace values and la anach lherelorespectively such prelerehllal, cumulabve. convemble. guaranlee. qualified or other special nohls. privileges. crmdrlrons or reslncllalls as may be delerrnrned by orin accordance with the Anloles ol Assocralion ollhe Company lor lhe hrlle bcmu and lo vary, modrly. abrogale any such nghl. privilege apndruon or resinclron insuch manner as may lor lhe bme being be permnled by me Ameles of Assoc-anon ol the Company and ihe legislabve nruvlslolls for lhe lime ber

RESOLVED FURTHER THAT the Board at Dtrectors ol the Company (Much expressron shall also mcluoe a oommtttee thereon be authonsed to take such stepsas may be necessary indudlng the delegabon at all or any of Its powers herein conferred to any Drrectcrrts). the Company Secretary or any other Officel(s) ol theCompany tor obtarmng approvals, statutory. contraaual or otherwise. tn relation to the above and to do all acts. deeds matters and thrnps that may be necessaryproper. expedtenl or tncrdental for the purpose at gwrnp eflect to the resolutron

"cm In. 3:

Providing Security and! or inane: 01 Carper-t2 Gulnnhe lo Banks! financial lnsliwflonsl Debenture Holders] other: lo! finaneial assislxrlce Insuhuidlldnl math: in which director! key managerial personnel at the Company uninterested

Yo consldcr, and i thought fit in pass lite lollolwlng mollnioll as a special resolution:

'RESOLVED THAT pursuant to the provtstons or Seam 155, 186 and other applicable pmvislonse flanyr or the Companles Act. 2013 and Rules mane lhereundertrnotuding any statutory moamoartoots) or reenactment thereot tor the ttrne berng in loroe). the Antares ol Assooranorr or the oompany. the consent or the Companybe and rs hereby accorded to provroe seounty or rssue Corporate Guarantee to xotak Mahmdra Bank leiled and [or any other banks! tnanaal Insllmttonsldebenture hotders/ others tor the bonowings sanchoned/ to be sanctroned to the Companies! errteo Ltabtllly Pannershrps to much nrrectors or the Company aremteresteo haymg aggregate prinople/ nomtnal Value or Rs 70 Crates tRupees Seventy Cmres onty) notwrthsranding that me aggregate or the guarantees to beglven by polemery exceed the limrts prescnbed unoer Section 186 or the Companres Act. 2013

Name at are Name at the Director Natureotrnterest Ltmils up to which Any other tntorntabon relevant lor theCompany! LLP l" at the company whosecumylguaramee rs members to take declslon on the proposedwruch Dreams) is/ rs tnterested. ll any proposedlobeprven resolutzon

are rnterested

N B Commemal Mr Pnyam Mehta. Mr Pnyam Mehta. uptcr aggregate Limtl The Corporate Guarantee rs berng Issued asEnterprises Ltlllfied Mr Varun Mama. Mr M! Varun Mema Mr 0! borrowlrlg per the terms and commons agreed wmVrshal Mehta and \fishal Mehta and aggregatzng to Rs 25 Karat Mahrndra Bank Much has sanctrpnedMrssmata Mehta Mrs Sujata Mehta Crores sanotroned by various fund based and non luno based

are directors to N s Kolalt Mahmdra Bank laulrties aggregahng to Rs.25 Crores to N BCommercial and any otherambunt Comrnerual Enrerpnses letled lor lls

Enterprises erlted whldl may be busmess pl rrranulactunng HMHDPE Barrelssanctronod m future and the adartronal secumylcorporaleby any Bantu hnartoal guarantee whrch may be reourred to be glvenInsmmion/ debenture lpr finawal asslslance wnrch may behomers! others upto samroned by the satd bank] any other banks/

aggregate amount at financlal rnstmmonsl others to N 8Rs 00 Crows Commerclal Enlerpnses Ltrrwted tor the

purpose at Its buslness subyeot to the

aggregate amount or Rs 40 Crpres

Sayatllngnteoh LLP Mr Varun Mama, and Subsrdiary or the Frnanoral ass-stance The secur'ny/ ourporare guarantee may beMr Vrshal Mehta company wherern Mrs Much may be requlred to be rssued as per the terms andVarun Merrta and Mr sancooneo by Kmart currdnlons which may be Imposed by Kolakmshal Metrta are Mahmora Bank or Mahindra Bank or any olbet banks/ financlalpartners any Other Bank] Institutions! others to Saya‘I mgntech LLP

Financlal trrtunrons/ belng the subsrdtary or the oompany tor rtsothas upm busrness or nranulaottrnng spray oned frurt

aggregate amount at and vegetable powder uptp aggregateRsrs Crores amount ot Rs t5 crores

SayatrSeeosLLP Mr Pnyam Mehta Suhstdiary or the Flnanaal assrstanoe The sebum/I corporate guarantee may beMr Varun Manta. Mrs company whereln Mr wrttch may be recurred to be grven tor hnanoat assrstanoeSutara Mehta and Mr, Fnyam Menta. Mr. sameo by Kotalt Much may be sanotroned by Kolak MahrmtraWsnalMehta Varun Merrta Mrs Manrndra Bank or banxorany otrrerbanks/ finanaallnslrlultons/Suyara Mehta and Mr any Other Bank! others to Sayati Seeds LLP. substdlary or thetnshal Manta are Financial lnsh‘ttrttpn/ oompany tor the purpose ol rts bustness orpartners alhers upto nrarrutaotunng and marketrng ot yanous

aggregate amottm or hybnd seeds upto the aggregate amount orRs ts Crores Rs t5 Crores

By Order of the Board

For and on behalf of

Sayaji moustrtes Limited

(Rajesh R, Shah)

Company Secretary 5

sh Exeeuuve Woe wresroerrr

Place Ahmeaabad

Date November 3. 20t8

EXPLANATORY STATEMENT PURSUANT To 550110" 102 OF THE COMPANIES ACT. 2011

ITEM NO. I l. 2

The Equity snares oltne Company are llsted at ESE leiled Presently. the lace value on Equity snares ol the Company )5 Rs 101- To encourage panrcpanon atsmall investors in the Equity Shares at me Company, the Boaro ol Dlreaols or the Company at its meeting held on November 3 2018. approveo tne sub—dlvtslonor 1 (One) Equity Share or me Company ottaoe value MR5 mieach into 2 (Two) Equrty Shares or Rs,5rr each subyect Io approval of members ol the Companyand such other aumontres. as may be necessary

The present Aumomed Capital onhe Company ls Rsvs Crore dilnded into sommo Shares of Rs 10/7 each and the Paldrup Capital ol the Company ls Rs 3J6Crate dwlded mo 31 £0,000 Equity Shares oi Rs 10/7 each The same rs requlred m be modified for the purpose or Sub—dwlslun ol Equity Shares in the manner asmentioned above Accordingly. Clause vi 0! the Memorandum of

‘

flan oi the Company ls proposed to be amended as rnentroneo In the ltem No 2 ol lhlsnotice tn such a manner that the authorised rapttal at the company :5 altered to Rs 5 Crates divtded into Luo‘ounoo Euurty Snares ol Rs 51- each

The sub-drvlslon ol equity shares with alteratron ol relevanl dause oi Memorandum pl Assoctailon are Subpeu to approval at members at the Company m terms ofSearch 13. al and other applicable prowslons ol the cornpanres Act 2013 and any other appltcatrle statutory and regulatory approvals, ll requiredNo Dlreuor Key Managenal Personnel at then relatives are In any way poneemed or interested In the resolutions at Item Nos l and 2 oi the Notice except to meextent 0! their shareholding in the Company

The Boardolmeaors Veoummend theresolullons as set out In llern Np land 2 oltne Nome

lletnNoJ

guarantee lot an aggregate amount 0! Rss 25 Crores tor the purpose at Its business or manulactunno spray dried trurl and vegetable powders winch IS

sandzoned hy the Spam of Dreams being wllnln the llrmls plesu'ibed under Section 186 ottne Companres Act. 2013 The LLP may in luture reqmre addlllunalfinana’al assrstanoe tor the purpose of "5 business and the company may be required in luture Io grve sewmy/ corporate guarantee tor the same beth theholding company at me LLP The sanction or the members or the company rs proposed to be ohtaineo tor glvmg such secunty/ corporate guarantee tor theaggregate amounl or Rs ts Crures In lavour or Kolak Manlnora Bank and other lenoers tor such finanual assistance to Sayayr lngnlecn LLP

members ollne company rs proposeo to be obtarneo lor giving such seountyr corporate guarantee tor the aggregate amount or Rs 15 Crores rn favour ol KolakManrhora Bank and/ or other lenders lor soar nnanclal assistance Sayai Seeds LLP

By eroer or the Board

For and on benatl of

Sayait industries Limited

majest- H. Shah)

Company Seventy &

sr. Executive \nce President

Place Ahmedabad

Dale Nmember 3. ZOIB

Notes:

ll

12

The statement pursuant to Section I02 ol the Companies Act. 2013 and Rules related thereto stating reasons tor tne proposed Special Businesses t5annexed herewith

Pursuant to the provisions or Section no or the Companies Act . 2013 read with the Companies (Management and Admrnrstrahonl Rules 2014 (the ‘Rules'las amended lrom little to line. the assent or dissent or the Members in resped ol the resolutions contained in this postal Ballot Notice is being obtainedthrough postal ballot whidi includes e—voung by electronic means

Mr Niraj Tnvedl. Practlomg Company Seaelary (F03 3344. CP No 3123) has been appointed as Scnmnizer for conducting the eiiotingrPostal Ballot inaccordance won the law in tail and transparent manner

The Postal Ballot N0“ is being sent to the Members wtrose names appear orl the Register or Members/List ol Beneficlal Owners as recerved trom theNational Sealfmes Depository Limited (NSDL) and Central Depository Services (India) Limited as on 02 11 20m re '1he culoll date” The Posml BallotNotice '3 being sent to Members in electronic ton to the email addresses reglshered with their Depository Participants (In case or electronic shareholdingllthe Company's Registrar and snare Transler Agent (in case or physical shareholding), For Members whose email le are not registered. physical copies olthe Postal Ballot Notice are being sent by permitted rriode along with a postage prepaid settaddressed Business Reply EnvelopeMembers whose names appear on the Reglsler ol Members/List or Berreoaal corners as on 02 11 2u18 will be mnsidered lor the purpose or votingResolutions passed by the Members lhmugh postal ballot are deerried to have been passed as it they have been passed at a General Meeting ol theMembers.

The Members can opt tor only one mode ol voting. I e either by physical ballot or evotino, in case Members cast lhelr voles Lhrotlgh both the modes. votingdone by e-vourlg shall prevail and votes cast through physical Postal Ballot Forms will be treated as invalidln rase a Meirlber is desirous or obtaining a printed Postal Ballot Form or a dupln'ale. he or she may send an email to Mrs, c snobna Anarid on Berna“ rdgmhflklvynom (Unit Sayail industries Limited) or lo the Company Secretary on email id rhs@sayaiigroup in The Company/Reglsliar and TmnslerAgent shall lorwam the same along with postage prepaid selladdressed Business Reply Envelope to the MemberVoting ngtrts shall be iedroned on are paid up value or snares registered in the name or the Members as on 0211 2018in compliance with Sealons tea or the Companies Act. 2m: and the Rules made there under, the Company has proirrded the taclllty to the Members toexercse their votes electronically and vote on all the resolutions through the cooling servrce taciltty arranged by t<arvy Computeisnare anate Limited Thee-voh'ng period will commence on 03.112013 at 9:00 A." llsn and ends on 01.1mm at 05:00 PM. (IST). The instructions tor eledronio young areannexed to this Notice

A Member cannot exeruse tllsrner vote by proxy on postal ballotMerrbers deslnng to exerose melr vote by physical postal ballot are requested to carerully read the instructions printed in the Postal Ballot Form and lelumthe Form duty completed and signed in ttle enclosed sell addressed Busmess Reply Envelope to the Summer. so that it reaches the Scrutinizer (Mr.Ninj Trtvedi sonrtlniaer. Clo Sayljl Industries Llrnited. no. Kannada. Maize Products, Ahrrredabad — 332430) not later than close or writinghour! .0 PM (lsn on 01122013. The postage will be borne by the Company However. envelopes containing postal ballots. it sent by oourrer orregrsteredlspeed post attire expense oltne Members will also be auzegled, ltany postal ballot is received alter 5 no p m Hours IST on or 12 zuta it will beconsidered that no repty from the Member has been receivedThe Soutrnizer will submit his report to the Chainrian or the Company alter the completion or scrutiny. and the result or the voting by postal ballot will beannounced by the cnalmian or any Director or the Company duly authorized on or belore 09 12 2018 at the registered olhce and will be displayed on thewebsite oltne company at www sayapgmupJn and will a|so be mmmuntlzlcd to the as: L edAll me material documents relened to in the statement pursuant to section 102 or the Companies Act. 2013 and mles related thereto will be available rorinspection at the registered attroe or the Company during olhoe hours on all working days from the date or dispatch or the Notice till 07 12 2013

passed by requisite nialonty. shall be deemed to have been passed on December 07. zeta the last date speorhed lor reoerpt ol dulyoompieled Postal Ballot lonri or evotlng

For any queues/grievances. in relation to young through post or eiearonic means. please vrslt Help & FAQ's section at hnpflevohng Katy com (karvywebsite) or contact Mrs C Simon: Ariand, Contact No (MO-67162222. email id. evolerlramyoom 31 [Unit Sayajr Industries Limited ] KarvyCompulEfiSharE anale le. Karvy Selenium Tower B Plot 31 ii 32, Gaultbowlr. Financial District. Nanakramguda, Senlmgampalty. Hyderabad 7 500032Telangarla. tndia

lnstruiaion (or e-vollng

a) Details or the process and manner or eyoting along with the User ID and Password are being sent to the members along with the noticeI by enlail to those members whose emait id is registered with the company/ depository particrpanis

it by post to those rneltlbers whose entail id is not registered with the company! depository participantb) The instructions Ind outer intonn-tion rotating to eeirocing are as under :

l Launch lrtterrlet browser by typing the URL Mlgvmlng.gm.comii Formerirstllme user,

Enter ttle logrn oredentia1s (I e User id and passwom mentioned in the Notice)Aher entering this details appropriately. click on “LOGIN'

you will now reach password change Menu wherein you are required to maridatonly change your password The new passwordshall comprise at minimum 8 characters with at least one upper case (A ‘2). one lower wse la-z). one numeric value log) and aspeaal character (@15. etc) The system will prompt you to change your password and update your contact details like mobileno. email id etc on the tirst login you may also enter a secret guestron and answer or your choice to retrieve your password incase you forgot it it is strongty recommended that you do not share your password with any other person and that you lake utmostcare to keep your password confidential

You need to login again with the new passwordiii For existing users already registered with Karvy tor estlollng. please use your existing User ID and password ror logging iniv 0n smssful logrn. the system will prompt you to select the 'EVEN'I‘ I e Sayaii lndustrres Ltdt! On the voting page. enter the number or snares (which represents the number or voles) as on the auto" data under

’FDRIAGNNST‘ or altemaovely, you may panlally enter any number in ’FOR' and pamally ln 'AGAINST‘ but the total number in‘FOR/AGAINST‘ taken together should not exoeed your total shareholding as mentioned hereinabove you may also choose theoption ABSTAIN It the shareholder does not indicate either ‘FDR' or ’AGAINST‘ it will be treated as ‘ABSTAlN' and the sharesheld will not be counted under either head

vi Shareholders holding multiple demt aooounls/ tolios shall choose the voting process separately tor each denial acoounl/ loliovil you may ttien cast your vole by selecting an appropriate option and bill-Jr on 'submll'viii A confirmation box will be displayed Click 'OK” to mnfirm else “CANCEL" to rriodily Once you oonhnn you will not be allowed to

modlty your vote During the voting period, shareholders can logln any number or times till they hate voted on the resolutrontslix corporater institutional member tie other than Individual, HUF. NRI, etc

(PDF Formall or the Board Resolution/Aulrionry Letteretc Together with

representabvels). to the Scrutinlzer at Emil ld' underarmi@gniall.com with a oopy marked

. SAVAJI lNDL‘STRlES LlMlllzD

cw — L9999901l9~lll>Lc00047l

Regd. DlTlce . lilo. Kalhwada Mail: Products. Ahmcdahad . 382430

In an 79» 129mm to 35 e-mail : lxlaiieklsagajlgmupjnWeb site : \\\\\\,sa_\ajigmup,in

POSTAL BALLOT FORM

is:

Serial No. :

I. Name and Registered Address ofsole / first Joinl

:Shareholder

Z.Name(s) olthe Joint shareholder‘s) if: any

3. Registered Folio NOJDP ID N0.‘/Cli:nl ID No‘ :

(‘applicable to shareholders holding shares in

dematerialized forml

4. Number of Shares held

1 I We hereby exercise my/our vote in respect of the Resolutions to be passed through postal ballot for the business stated in the

Notice of Postal Ballot dated 3rd. November‘ 20l8. by sending my/our assent or dissent to the said Resolutions [7) placing the

tick (/lmark at the appropriate boxes below:

No. Item No. No. of [Me assent I/“e dissent

Shares held to the lo the

by me Resolution Resolution

(FOR) (AGAINST)l. Approval for sub—division ufequity shares oflhe Company

[by way orordlnary resolution)

Approval for alteration of Capital Clause of Memorandum of

Association ofthe company ( by way ofspecial resolulion)

yo

L.) Approval for Issuance of security/Corporate Guamntee to

Banks! Financial Institutions/ chenture Holders! Others for

Financial assistance Io Subsidiaries’ entities in which director/

key managerial personnel of the Company are interested (by

way ofspecial resolution)

Place :Ahmedabad

Dale :03/l l/20l8

(Signature of Shareholder)

In this regard. please find helou USER ID and Passnortl tor \ollng through eleclmmc means .

EVSN USER ID PAN/SEQUENCE N0.

(Electronic Voting Sequence Number)

Page“

io

or

U.

P-go|2

INSTRUCTION

A shareholder desiring io exercise voie bi posial halloi ma) compieie ihis posial halloi Torin in all rcspecis and send ri io rhe

scruliniler in ihe aiiaclicd selraddressed posiagc prepaid enielope. Homewr. envelopes conluining posial bolloi lonns. ii‘deposiied in

person or seni b_\ courier ai expense orihe shareholders. will also be aeccpied. Vming lhmugh an) oiher balloi lorm nr phomcup} or

ihe posial ballni lorm hill noi be considered va|id.

The Compan) is also niTering e-ufling iac & an aliernaine lor all ihe shareholders io enable ihem io casi iheir lull: elecironicalli,

The deiailco procedure ore-voting is enumeraied in ilie posinl ballot noiice. Honeier. shareholders can opi ror uni} one mode oi

vollng Le. eiiher t-valing or posial ballot

The scll'addrnsed envelope bears the addmss oflhe scrulinizer i.e. Mrs Nimj Trl\ odi, ScruLinizer. C/u Sawji industries Llnlilcd. |‘.0.

Kallmada. Maize Pruducls. Ahmedabad - SKI-130‘

This roi-in should be compleied and signed by ihe shareholder. in case oljoml homing ihe ronn should be compleied and signed h}

ihe rirsi named shareholder and in his absence hi ilie next named shareholder. The signaiure of ihe shareholder on ihis posial honor

ronn should be as per ihe specimen signaiure regisrered will! ihe Compan) or rurnishcd hi Nniional Secunnes Deposilur} le.i‘

Cenual Deposilor} Services (India) le. io ihe Cowman). in respeci or shares held in ihe physical lonn or demaierialired Torin.

respeeiiveli.

in case shares are held b) Companies. lmsls. socieiies eic. ihe duly compleied posial balloi form should be accompanied b} cenilied

cop) orihe hoard rcsolullun/ auflmnl) leiier. Poslal halloi lonn signed b} ihe holder or poiicr or adorns} lor and onbehnlloi‘ a

shareholderolihe Campan) niusi be accompanied b) ihc aiiesiod one cnpi orihe power ufauome}. lrihe same is ahead) regisiereduidl ihe Comps"). please qume ihe Regisiraiion No. beneaih ihe Signniure.

Shareholders are rcqueslcd nm io send an} oiher paper alongwilh ihe Poslal Balloi Form in ihe enclosed sell—addressed posing:

prepaid emelopes. llani esiraneous paper is round in such cnvclopc. ihe same uould noi he considered and iiould be desirni ed inihc Scrulinimr

A rickl V) marl; should be placed in ihe mlevanl bor signii3ing asseni/ disseni lor each olihe resoluiion. as ihc case run} he. More

mailing ihe posial ballui roi-rn,

There oill he onl, one posial halloi rorrn lor evcr} rolio irrespemivc of ihe number oi‘ioini shareholderlsi.

Shareholders are enlilled Io cast [heir \oles difTerenll) i e. nll rile voles eilher in favour or against or pan], n favour or :Igamsl

Duly eompleied pnsinl lullal form should reach ihe Semiinizer noi hirer ihan 5.00 pm. ilsn on Friday. The 7th December,

201& PDSIII lullnl form meivnl lfier Illis dllc will be nricliy IRIIQII IS if the reply 1mm Ill: shtrtlloldcr has nnl been

res-rived.

. Voling righi shall be reckoned on [he paid up value oflhe shares mgislerad in the name ol'lhe shareholders as on 2nd. Nm cmher. 2018

. Vales nil! be cullsidircd imalid on she following grounds.

irihe shareholder's signaiure does noi ialli.

llihe shareholder has marked all his shares boih in raiour and also againsl ihe resolniion

ll‘lhe poslal hallo! is unsigned.

lrihe balloi paper is received iorn or defaced or muiilaied io an crieni ihai ii is dimenh lor ihe seruiinizer io ideniil’i eiiher ihe

shareholder or ihe number orioies or as io whether ihe \oles are in favour or aga si or irihe signamn: could not he cheehed or one or

more or ihc above grounds.

The scru|iniz¢r‘s decision on [he \alidil) oflhe postal hallm “ill be linal