Date: 10" July, 2019

Head OHice·;506, Saffron Building; Near .CenterPOint,Ambawadi;Ahmedabad· 3800()Q.Phone: 079-26427800, 26565200Tole Fa~: 91·79·2642i8ME·mail: polytirik@polylinkpolymers.comWebsite , IWNI.polylinkpolyme,s;com

Rogist.r9d Offic.e (works) :BlceKNo. 229'230, va- Vallh,;r~,Dholka'Bagodara Highway,Taluka·Dholka,Disl,·A\unedal.'<ld·382225

POLYLINK POLYMERS(INDIA) LIMITED

CIN NO: L17299GJ1'993PLC032905AN ISIISO: 9001 : 2015 COMPANY

ToThe Secretary,Corporate Relationship Department,aomb~y Stock Exchange, .1" FloOI',New Trading Ring,Rotunda Building, PJ, Towers,Dalal Street,Mumb.ai - 400 001

Sub: Notice of 26'h' Annual General Meeting and· Intimation of Bool<Closure

This is to inforin VOIl lhat the 26'" Annual General Meeting of the Members' of tlie 'comcanv will beheld on Monday thp. OSli'August, 2019 at 12.3'0 HRS.at Registered Office: 229-230, Village: Valthera,Taluka - Dholka, Dist. Ahmedabad, Gujarat 387810 to -Transect Ordinary and Special Business itemscontained in the Nonce Calling 2&'" Annual General Meeling available on tlie w~bsite of th'eCompany at www.polylinkpolvmers.com under Disclaimer Section.

YQUare furtherlnformed that the Regist",r'of Members :and Share Transfer books of the .companywillremain closed from n'h July, 2019 to OS'hAugust, 2019 [Both days inclusive) .for the purpose ofAnnual General Meeting,

ThanKingYou

Yours Sincerely

ForPolylinlt Polymers (India) Limited

Polylink Polymers (India) LimitedaN': l11299GJ1993Plt032905

Polylink P.olymers (Indi .•) Limited(IN: ll7299GJ.1993PlCIi329.05 .

R.gd_ Office: alock No, 229-39" Villa.ge: Volthera, 1al: Dhillka. Ahmedabad -387810. Email: Pol~link@polyli nkpolymers. co rn ;we hsite: '/AW/, pe lyUllk poLymers. co nf

NOTICENonCE Is hereby giVen that the Twenty SiXtfi Annual GOlieral Necting of the I·lemb.rs of Polylink Polymers (India)timtted will be held' on I~onday 05" August. 2019 at '12,30 hrs, ot the Regi,teled Office of-the Company at Bluckllo,229·230, Vmage-Vallhera. 'roluka -,Oholka, Distri,,": - Ahm.da~i\d, ~njar.I...'87Rio to ti,,_'sact the fo\lowing business:'

ORDINARY BUSINESS

1. 1. To receive,: con.side.r and adopt the audited fiwmciat statements or the (omp?lny for the financial ~Iearendedon 31it l~ar(h;?Of9 andthereports of the Board of l)irE'ctoTS and. Independent Auditors thereon.

2. 2. Io-appoint 3 Director in place of Stlri Uma Shankar 9ha'rtiil (holtlihg OU~00063091), whoreures by rotationand being E!UgiMa, o'ffers hinlsfM'for'reapp'ointment.

SPECIAL BU$INS55

To cot\'~i~er' lind if thought fit to pass with' or without modification. the f~lhl'l.rin9 Resolution as, Sped~lRe,so\ution.

3, REAPPOlNnlENT ,OF SHRI J 5 BAIJAl AS INDEPENDENT DIRECTOR fOR A SECOND TERM Of 5 YEARS,

'/IRESOLveo THATpursuant: to recommendatien of the Nomination and Remuner.ation Committee' .and pursuant toSectloh 149.15()~152 read \vith Schedule IV and all other applicable provisions of the COl11patli~s A(t '2013 andthe (omp.nie,.(~pP9intment 'and O.ualifioation of lil(e~tc\r,). Rill':" 2014 (including ,any statutory'modification(s)or re-enactment thereof for the time be'ing in forte} reaa with SEtH (listing Obtigation'and Disclo'sure Requirement)ReguJtltions, 201'!j" and SubjC!ct to approval of the ',shaTf;holderS' at ensuing Annual General Neeting, Shrl. J.S8aijal (holding DIN 00049565). Independent Director of'the Company, Age-a7 yeors whose terms of office isexpirinqat this Anrlllal Generat Meeting in respect of, whom th~ Company has recelved 3 notice in \yrltin9 underSection 160 of the Companies act ,2013 from -a ~lember PI9po,ing his candidature for ,Ihe, office of director andwho has.submitted a' declar!;ltiOll confirming the crite~i.a,of Indepsndence under Section 11e'9(6) of the Companl~~A~t, 2013 re3d with tho Listing ReguI3ti"ons.. as.amended frOI)'ltime to time~ be and hereby appointed, as anNon Ex~cutilJe Independent Director oJ the Company ,,,hose term shall not. be subject' to retirement b~' rotation,tohold office up to five consecutive years' commendnq from the.date of Twenty Six Annual general Meeting to theconclusion of '31st Annual Gener'al '\\tee.ting held in the calendar y~ar 2024 even altarattended the Age uf lS'ye.ars',"

4, REAPPoiNT~'ENT Of SHill ~ M LAL AS INDEPENDENT OIREqOR fOR A SECo.ND TER~l OF 5 YEARS,

"RESOLVED THATpursuant to r.ecommendation of the ~iomination and Remuneration Committee an~, pursuant toSectirin 149,150,152 r~ad with Schedule IV arId all-other applicable provisions of the Companies Act,2013 andthe Companies (Appointment and Qualification of Directors) Rules, 2014 ('including any statutory modification(s)or If:!:-emu.:ttllentthef~,of for the tilile b~1r!gin forc:e) read with sun (Listing Obligation and D'is~losur~ Re(r~irell1el1t)REigulations, 2015, and Subject-to approval, of the Shareholders at '!llS4in9 AilOual Gtmeral Meeting, S'hT1.K,~1lal (holdinq 01.11 00016166). Independent Director ~ge-78 yrs" of the Company Ylh9~"terms of office is expiringat" en'~uing Ariou.a.l G'eneral meeting in respect of whom the COIfII>anyhas received a notice in viilting underSection 160 of the Companies act 2013 from '01r·1ember Proposing his, candidature for .the office of director andwho has submitted.a .de'daration confirming .the.criteria of Independence under Section 149(6} of the CompaniesAct. ,2013' read with the listing Regulations, as amended from time, to time, be-and hereby appointed, as anlion Ex.eclttive Independent Oirector of the 'Company whose term shall not be subject to retirement by rotation,to hold office up to flv. consecutive ye.rs, commenting fr~m the date .of Twenly S.lxAnnual. general r~eeting totho conclusion of 31$\ Annua\ Gellerall,leeting f,eld In the (al.n~ar'year 2024 even after attended the Age of75years," '( ,< , ,

2 ANNUAL REPORT2018-2019

U.S. Bh.rti.Chairman

Polylink Polymers (India) limited(IN: Lt7299GJ1993PLC03290S

Place : NaidaIlate : V" I·lay 2019

Qy Order of the Board'of Ditattur~for. i'olylink Polymers (Iridla) Limited

R.g. Office :O(,,(k flu.': 229·230. Village: ValtheraTaWk<!:Uholka. Oi,tt. Ahmedabadfjujarat -387810CIN No, Ll7299GJ1993 PLC032905Tel. f.x : .91 2714 210745~14ail ld : companysetretary@polytinkpolymers,comwebsite: www.;polytinkpolymers.(om

REQUEST TO MEI.IBERS:A. Those, who have not registered thelr e-mail addresses so felr, are requested to register their e-mail address for

receh~ng aU communication including Annual Rel)orl. tlotjces • .circulars, etc. from the Company electronically,8. The Securities !lna Exchang~ B()~rd (Jf Indi~ ($E~I) has mandated the-submission of rermanent Account t~uil1ber

(PAN) by ~ve,'I~'participant in the securities market. t/lembeTs-holding' slla~s in eledronic fOOtl are, therefore!telll~ested to 5.ubmit their I'AN to the Depository P;l~cipants 'with whom tht:!y rlla'intafrl Uleir Oema't accounts.Nembe" holding shares in physic.l formshould submit their PAil to the Company I Regi,trar,

C, Immediately noti~J any ,ch.nge of a"d,o ss or Bank mandates and their PAN to their depQ'ito~ partitipants (OPs)in respect of their holding in Ele.ttronic Form and to the ,Co;mpan)' in respect of their h6tdiilg I'll pllysit~l form,

D, Send tliQii querie~, if any, ;;\t least is 'days in advance of the mC!cting' at the Company's Office at SQ6'JS~ffronOuilding. Near Center Point, Ambawadi; AhmC!dabad·l80006 'so that the irlfonnat,jon can be made available atthe meeting.

E. fill .tli'e attendance sUp for attending the meeting and those who hold the shares in dematerialized form arerequested to .ljling their ,Client 10 and Df>'JO, numbers for easy identification of :attendance atthe me~ting.

F. Send' their ,s.hares. for dematerialization to (he Comp'any's Registrars and Share Trans(er Agents, if so far, ~re notheld in dematerialized form, as the Company comes under 'compulsory Oe"mat as per directive issued by theSEBI. Please note that after 04.12.2018. the Company cannot process the application for transfer, of securniesin physical fO'nI.

IMPORTANT NOTES:1) A member entitled to attend and vote is entitled to appoint one or. more. proxies to attend and vote 'on .a Poll

ins~tea'd or'iiimself/herself. 'Such a PTOXY/proxies heed not be iI member of' the Company. Instrument of proxiesin order to b. effective must be received, by \he COmpMYnO,tlos; than 4,8 hour, before the time 'for holding tile'meeting. ' ,

2) A proxy on behalf of members not exceeding fifty (50) and holding in the aggregate not more than 10% ofthe-total share capttal of the company. The instrument of Proxy m omE!r to be effective, should be deposited at theregistered pffic,e ofthe companYf duly cOnlph!ted, and signed.

3) The Register of '·'c,.be" 'lid ShareIransfer Books of the Company will remain dosed Iro0127" July. 2019 .i9.00 A.M. to S" August., 2019 at 5.00 P.~1. (both d.ys inclusive).

4) To prevent fraudulent transaction, members are advised to exercise' due' diligence and notify the comp·any iF anychange~ in address or demise of ~n)1members as soon as possible. rljC!n~~arsare also advised not to leave theirDemat account dormant fQr long. P.e'riodic:statemant Cit hold"illg should be obtained from the concerned DP andholding should be verified.

5) Non-Resident Indian Sll~,eholde" are requested to inform the Registrars; "'Is, }.ICSShare Transfer Agentlimited: a) The change in the Resid~nlialstatus on return to India' for permanent settlement. b) the. particularsof the Sank.Account maintained in' India with complete name, branch, and account type. account number andaddress of the Bank. i'f not' furnished earlier,

3 ANNUAL REPOIlT2018-2019

- '

Polylink Polymers (India) limitedUN: l11299GJ1993PLC03Z905

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(orpOl'litt! lIIe.flbers intending to send ·thelr aUlhvtiz~d representatives are requested to send it duly certifiedc:opyof the Board resolution authori2ing their representatives to attend.Additional infonn.tlon pursuant to Regulation 36 of the SE81 (listing Obligation t. 1>1",10"'" Requir.... nts)Regulations, 201~In respect of Dilectors seeking appolntmellt / re-appoinl""'ntat tilt Annual 6",eral Nooting,is annexed hereto. The directors have. furnished consent I ded.tratinn Ier fheir appointment I re-appcnrtment asr~quired under the Companies Act. 2013 read with ruLes made thereunder.Hectrontc copy of the Notice of the 26th Annual Gene,at r"'~etin9 of the Company inter alia indicating: theprocess and m;tnne:r of remote e \loting and e voting atoll9 with attendance slip ilnd proxy form is being sent toaU the mambers .IIho5email IDs are reqistercd Vllth the Company/DP for tnmm,rniGt'tion ~urpose unlessanymember has u:!quesl.edfor a hard copy of the same as woll as website of tire ~OI'IIIJimy at WNW po vlinlc~~In Inmpllance with the pro'/ision of Section 108 of th~ Companies. act, 2013 read with tflvised rule 20 of theCompany (Nanagement and Administration) Rulos, 2014 and ReguLation 44 of the Lbting Regulation.s and as perSeaelarial Standald on g.n.ral ~Iecting (55-2) as asu.d by the Institute of Co",pany Secretaries of India, thecompany is pleased to provide the facility to qxardsQ. thalr voting thrOllgh etecnonlc means. The cutoff date fordetermining the eligibility to vote by .lntronle mun. or by biUot in gene ra l meeting shall b. 26th July,2019_ The N.. ,bel'S attending the meeting who h ... not already cast their Il0l. by re .. ote e-voting shall beable to exerdse uu~ir fight at the me.eting in terms of notification issued by tho minlstfy of a:npotat.e aff(1irs.The fil.~lity of c;asting votes by a member using an electronic voting system from a place othe-r than the venueof the AGJ.1 (remote .-voling) vrill be provided ~y N~IiQllalSecurities Depository Limited (NSOL)and the items ofbusiness as detailed in this I~()ticp.may be transacted through remote e-votinq.The facility for vOling through ballot Paper will also bo made available ~t tho AGM and members attending theAGIIo,who have not already cast their vote, by le",ol. a·voUng 'hail be' able to exercise their right at the' AGr'lthroug h ballot p.por_ In c.se • member votes through remote e-voting .5 well .s c,st his / her vote at the'venue of the ,,,eeting, then the vote cast through rClnotCi t·yotillg shall only be considered and the '/oting doneat the venue of the meeting shall not be considertJd by the scrutinizer.The Remote E voting peliod commences on OZ"'August, l019, (9_00 MI) and cnds on o-Ilh Augun. 2C)19 (5_00PIIl- During d,is fHliod, Members of the Comp.ny, holdings sh.r .. either in physical ro/m 01 in doo.. aterialize<lforrn,as on «Itoff d.t. or nth July;Z019, may cast tholr wee by lellol ...... ling_ lhe remote ..... ting lIIOdu~ shallb. disabled by NSDLfor Voting th<!r.a~, On« Ihe Vote on Resolution is cast by ""'mher. he/sI,e shall n~t b.allowed to change it subse-quentty or cast the vote again.Pursuant to Section 7Z of the Companies Act. Z013, shal.holders holding sh.re, In I'hyslcal form may filencmination prescribod Foran with the Company's Rogistnn 3nd Transfer Agent, In rtisptcl of shares held inelectronic/demat (01111, the nomination form may be filed with th@ respe<ti\Je DepOsitory Participant.A route map shOWing directions fOT easy roach to tht venue of Annual Genefal l~eetin9 is annexed with thisnctlce.The annual repo'rt along with the notice titHIng 26th Annual General Neeting is bo.lng SQnt 10 the members,whose names appurs In the register of members / depo,sitories ,1.5 at dosing hours of business on 30THJuno,2019 .s <uloffdat •.

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VOnHG THROUGH ELECTRONIC ~IEANS:How do I vote electronicatty using "SDl e-Voting system?

The way to vota electronically on NSDL e-Voting sy1oten1 consists of "Two Steps" which are mC!ntioned bet,ow:Step 1 : tog-ill to tlSOl e-Voting system at https://wVlw,evotiny_nsdl.com/Step 2 : Cast your vote el.ctronic,lly on NSOl e-Voting ,ystem_

4 ANNUAL REPORT2018-2019

Polylink Polyrners (India) LimitedCIlI: LI720PGJI993PLC03290,

Dl!taUs on Step 1 is mentioned below:How to log ..in to HSOL e-Votlng website?

1. Visit the .·Voting wehsite of IISOl. Open web browser by typing the foUo"lng URL: https:11w'If\v.2voting .nsdl.ccm.

2. unce the homo page of e-Voting sY'itelfl is launched. click on the Icon "login" which is aV<lilable under'Shareholders' sectten,

3. A new screen will open. You will have to enter you, user !D. your Password arid a Vorlfication Code as shewnon the screen.·.Alternativtly, If you ale regi<tered for NSOLese,vlce.l.e. IDEAS.you can loq-In at https://eservices.nsdl ..co"/with your existing IDEAS login. 011((1you log-in to tlSDL sservices after using your 10g.1n (fcdentials;·click one-Voting and you can proceed to Ste~ 2 i.e. Cast your vote electronically,

4. Your user ID details lire given below .Manner of holding sh ..... 1.e. Domat (NSDL or CDSt) or Physical Your Uur ID Is :a) For lI.m .... ' wt,o hold shares in dema! account with "SOL 8 Ch.racter' OP 10 foUowed by 8 Digit

Client IDFor example if your OP 10 is 1tl300··'and (li~nt to is 12"""4'0\ then youruser TO is tN300"''''12HHu•

b) For Nellll>ers Vlho hold shares in demat acculiliC with (OSL. 16 Digit Befl.fI(l~ry IDFor t:)(amp\e It your Beneficiary 10 is12""" .... ~HH '. NIlIi'r then your user 10is 12*···· ....~~·~w~.

c) for f4embels ho1ding shares in Physical Form. EVEN Ilumber Ic llcwed by FolioHumber regl,w.d "Ith the companyFor exam'Ple if folio nUlI1bel is 001 .. ••and EVENIs 101456 then user 10 ;,101456001'"

our pUWJ(')rd dotailS are niven below:5. ¥a) If you are -atr~(ldy rogistcred for e-Voting. then you C;1nuser your existing passVlord to login and cast yo,ut

vote. 'b) Iiyou aTO using 1150L.·Voting syste m for the first time. you will need to retrieve the 'Initial password' which

Vias communicated to you. OJ1ce you retrieve your !Inltial password', you need to enter ths 'initial password'and the system wiU fUltf: you to change! your passvlOld.

c) How to retrievt your 'initial password'?(Q If your email lOis registered.ifl yourdeMat account: or with thetOJupany. your'initiat pi.SSYlOrd' is

communicated to you on your email ro.T .... th ..... iI sent to you hOIll HSOllrom your mailbox. Openthe email and opon the attachment i.e, a .pdf fil •. Opo. the .pdf fie, Ihe pMs_d 10 open the .pdf fileis your 8 digil dhmt 10 for tfSOl account. last 8 digib or client 10 for (OSl aceeunt or foliu number forshares held in phy$i(~l fo'm. The .pdf fit. <ontain, your 'User !D' and your ~niti.l password'.

(ii) If your email 10 ts not registered. your 'initial pas..s'lford' is communicated to you Oil your postal address.6. If you 3re unable to retrieve or have not received the n Initial password" or have forgotten your password:

a)' Click on "Forgot User OetaHs/PassU'ord?"(If you (1(9 holding shares' in your demat account with nSDl orCDSl) option iWc1l1ablQ:on vlwl,I,l.evoting.nsdl.com.

b) Physicat User Resel P.ssword?" (If you are holdin9 shares in physical mode) option available onvIWlv.l!voting, nsdl. com.

e} If you 'are still unable to get the password by aforesaid two options. you can $f!nd a request atevotlng@nsdtco.in mentioning your demat account numbe(/foliooomberl your PAN, your name ",nd your"gist.red .ddr ess.

5 ANNUAL REPORT2018-2019

Polylink Polymers (India) LimitedaN: LI7299GJ1993PlC03290S

7. After tntering )'<>U1 password. tick on Agree to "-erms and ConditrQIIS,1I by selecting on th~ check box.8. Now, you win have to dick on "Loqln" button.9. AttCf you click 011 the "login" button, I'lome page of e~V(JUIl9will open.Det.,ils on Step 'l is 9fv~u below:How to cut your vete electronically 011 NSOLe-Voting sYitem?1. Aft., wc:«ssfullogin at Step 1, you 10m be able [0'" tho Home page of .-Voting. Click on o'Voting. Then, cllde

on "ctIV. Voting "{ydes.2. After dick on A<tive Voting Cycles, you will be able 10 see all the companies ·EVEN"(1108~) in which you ...

holding shares and whose \,oLhl9 cycle i.s in active stoltU.$,3, Select "EVEN"of (o.mpany for whleh you wish to cast .your vote.4. Now you .r. ready for e·Vol;ing as tho Voting page 9pe"s.s. cast your vote by ~electinl) appropriate. options i.e, assent or dissent, verify/modify the number of shares fo'

which you wish ttl cast your vote and dick on "Submit" and alse "Confi'm" when prompted.6. Upon confirmation, the message "Vote cast successfuUy" will be displayed.1. Vou can also take the printout of the .. te, aSI by you by cliddng on the print option on the ",nfir.lnion page.8. Onco you confirm your vot. on lhe resolution, you wil nOI b •• 1I.....ro to modify your vote.General Guidelines for shareholders1 InslitullotlJl shareholders (i.e, oth~r than individuals, HUF.NRlett.) are required to ,end scanned copy (POf/JPG

Form.t) of the relevant 80arrl Rosolution/ Autholit)! letW etc: with attested specimen ,igll.rure of the dillyauthorized ,ign.tolY(ics) who .r. authorized to vote, to tho Scrutinizer by e-mail to agshah12@gmail.com vlitha copy marked to evoting@nsdl.to.in.

2. It is strongly recommended not to share your password with any other person and tab lIt"~ost care to keep yourpusword ",nfidential Login to tho .-voting web,ite \\;1\ bo disabled <OJ>Onfive u"",,,,ssM attempts to key inthe correct password. In such ,n ''''or. you wi! need to go through the ·Forgot Uset Ootais/password?" or"Physical U-ser Reset Password?- option available on www,tvoting.nsdt.com to reset the pa$Sword.

3. In case of any ~u.ri es , you may I.f.r the Frequently Asked Question, (fAQs) for Shareholders and e-voting U•• ,lUilnuilt for Shareholders available 3t. t.he download section of wwwevottnq.nsdl.ccm OT caU on toll flee no.:1800-222-990 or ;end a request .tevoting@n'~l.co.in

OTHERE-VOTING INSTRUcnONS,The voting rights of shareholders ,hall be in proportion to theil shares of the Paid-Up Equity Share Capit.,l of thoCompany.The f.c~ity for ....ting, either Ihrough oI.ctronk ",ting ~ or potting paper sball also b. made availabl. at themeeting and members attending the meeting Who have not alre.dy cast their vote by "rnot ••• ""ling shall be ableto exercise their right at the meeting.The members Who have cast their vote by rell1ot~e-votinq prior to the meeting may al$o attend the meeting but ~hi\ltnot be entltlod to cas! their 'XIt. ~gain.(S A.hi.h Shah, Practicing (ompany Secretary (Membership No.: 29017) (Addre ss : K 703, Parishkar II, Phase I],Nr Khokh ... ttrde, Khokha,a, Ahmod,b.d-380008, Guja"l, Indi.) has been appolnt.d as the Scrulinl", tosCr'Utini:r.e the voting and remete e~votin9 process in a fair and transparent manner.The Scrutiniw shaU. immediately alttr the tondusion of voting at lhe general meeting, would count tire vote, ellstat the meeting, thereafter unblock the votes cast through remote e-voting in the pre$enc. of at least two (2)witnesses not in. the empluYlllent of the Company iUld make. not later than three (3) days uf condusion of themeeting, a consolidated Scrutinizer's Report of the tout votes cast in favour or against. if any, to the Chairman or "person authorised by him in wrlting who shilU countersign the same and declare the: resutt of the \'oOng forthwith.The Results of tho A@"hall be declared by the Chairman or tho Person Authorised or 'ny one of the Diroctor of the(ompany alttr the AGI·' \\;thin the pre,cribed Time Limit.

6 ANNUAL REPORT2ois-2019

Polylink Polymers (India) LimitedtiN: LI7299GJ1993PlC0319OS

Tilt! ResuLts declared along wah the Scrutinizer's Report shall be placed 011 the: Comp,any's websitowI'I'II.pol,ytinkpolymers.(om (Inri on tho webslte of NSOLw'llw.~votlllg.nsdl.com immediately ~ft(!r the result is. declared.The Company shall sim~lltaneoudy forward the results to BSE limited ("8Se':) where tho shares of the Company arolisted.ThE!resclutians shall be deemed to be passed on the datQ of the: Annual General !.1ecUng, subject to the rec.eipt ofsuffici~t votO$.NOTES:1. In case of tbcse membors, who do not have access to remot. "voling fadlity, they can do,,"lo.d the asstnV

dissent form from out website www.poLytinkpotYlllers,com and convey theIr asscnt/dl..sse:nt to each one of thei[QI'llSof business to bE! tr,\nsJctc.d at the ensuing AGt-1end send the A$s~ntIDi.ss(!nt fctm to Mr. Ashi5h Sh~h!Scrutlnlzor appointed by the COl'llp3nyat the fegistered ofrico of the .Colllpany 011or before 5.00 p.m. on 4thAugust, 2019).

2. 'the Register of Directors' and Key lbnagenal Personnel Jond th(!ir shareholding mainUinc.d under Sernon 170 ofthe Companie$ Ad, 2013~ the Register of Contracts or amngl!ltll?:nts in which the dillfCtors arc interested unclerSection 189 of the CDonp.nios Act, ZOB will be .v.ilabl. for In,pection at the MM.

3. In case of joint holders attending the Meeting. only such joint holder who is higher In the order of names wnlb. entilled to vat •.

4. Retevo1nt.documents referred to in the accompanylnq Notice and the Statement is open for Inspection by thememhers 3t' the Re9ist~rp.cI Office of the Company (In ~1Iwotkin!] daysi except Saturdays, durin·g business hoursup to tho dole of the ~leeiin9.

CONTACT DETAILSComp.ny: Polyllnk Polym." (India) LimitedRegd. Office: "506. Saffron To"",r, He" Cenler Point, Ambawadi, Ahmedabad·380006.eIN: l17199GJI093PlC032905E·mail [0: polylink@polylinkpolymer$.ComContact nc.: 079·261027800Regislrar and Shore Transfer Agent: lloCSShare Transf.r Agent Limil'dAddr.,,: f·6S. 1st floor. Okhl. Indust,;al Area, Phase·l, New Oolhi(-mail 10: .dmln@mcsdel.comContact no: 011-41406149£"Votlng Ajitney: "ation,1 Securilles Depository lid.E-mail 10:evoling@nsdl.co.inScrutinizer: CSAshbh Shah, Practicing Company SecretaryE-m.illD: agshahl2@gmail.com

7 ANNUAL REPORT2018-2019

Polylink Polymers (India) LimitedCltl: Ll7Z~VGJ1993PL(03290S

AN~EXURE TO THIS NOTICE.EXPLANATORY STATHIENT IN RESPECT Of THE SPECIAL BUSINESS PURSUANT TO SECTION 102 Of THECOMPANIES ACT. 2013

1Ms foxplanato,.YStatement set out all the material facts rel.}ted to the special busfneu mentioned in the Hoticetatting 26th Annu,1 G.".r.1 Needng.

Item No.: 3CONTINUANCE OF SHRI J S DAIJAl AS INDEPEDENT DIRECTOR FOR SECOND 1ER'~ OF 5 YEARS.in terms of provision 0' SQctloll149 (10) of the Cornl'~lIles act. 2013 an Independent Director shaU hold office for.term up to five years all tho Board of a Company, b'l1. sll:aU be eligible for reapl)ointlllQnt on passing a SpecialResolution by the Company and Disclosure of such appoh't'llent in Board Report.furth ... in term. of provision of Seetio.149 (11) ol.lIe Compa"les act. 2013 no Jndepeedent Director sh.U hold officefur flore than two consecutive terms without comply lhree yf!ars (ooling period.The Chairman further in'orm th.t SIlo J SBaijal .... appointment a, Independent Oir"'to, by tho Shoreholder at theirAnnual Gener al ~\.. liIl9 hold on 17th September. 2014 from 21st Annual <i<!ne•• 1 Me.ting upto the condu.ion of 26thAnnual General #I'eeting htld in the calendar year 2(n9 subject to ratification evety Annual General 'I1eeting. The,nembers please note that the requirernent of Ratification has done away with effect to Notific~tlon issued by Ministryof Corpor.ate Affairs. .Shn Jagdish Saran B.lj~1 age 67 y•• rs Is • retired lAS Officer and h,; a rich and varied .,,,arlanco in the field offinance 31ld i\1anagement he possesses appropriate skills, expctience and knowledge in the l"lIna9~mellt of VariousCompanies. It Will be in the interest of the Company if he continues on the Board of the Company as an IndependentDirector. He flltfils the conditions for cOl)tinuation Qf his appehttment 35 an Independent Director as spedfied underthe Companies Act, 2011 ~nd under the SEal listing Regul.ations and is Independent from the "tanagement andpessesses appropriate e~eriellce ~nd koot\f_edge.In terns of Section 160 of the Comp,mies act, 20n the comp.ny h_ ,ec~Wed a notice in ... ill"9 from a lIe .. berPropo$lng Iheir candid.ture to act as a diverto.Further Shrl J.S. Baijat. has affirmed that he fullill. the nccessary Criteria to app~inl/contlnuc a, IndependentDirector as per Comp.nl" act, 2013 as WeUas SEBI (LODR)Regulation as amended time to tlnle.To CORlply·said provision of the Companies act .. 2013, shri J S Baijal have give" thair consent their re-appointment ~sIndependent Director of the CompanyNone of the other DircctOTS. Key ~1anagelia\ Personnel of tho Company or thelr (ela.tive$ ara in any way 'concerned orinterested ill this ,e~olutlon.The Nomination and Remuneration Committee proposed the reappointment of the Directo,ship of Sho Jagdish Saran8aijal as t.OIl·£Xecut.lVt Independent Director for a further" consecutive: term of five year from the ccmdusion of 26thAnnual General Neeting up.. conclusion of 31st Annual Ge..... 1 "'eetitlg held in tho calendar yur 2014.

A Brief about Shri Jogdlsh Sar.n Baijal is as follows.

Name of the Director Slui, Jogdi'h Saran Baij.1OIN 00049565D.te 0 61rtn Age 06,06-193-1/87 Year,Date of Appcintment Inll Scp, 2014Experti,e in specmc luflcOOnal area He is a retired lAS Officer and has more than 54 year<

of experience in the Iteld of Financo and NanagemeotQu.liNcanon ,.A.IEeonomlcs and lASTerm, & (onditions or appointment S. Independent Direoror (Non-Executivo)Remuner.tion (opm from Sitting fees) IlllNo. 01 shares htld In the Companya. Own HlLb. For other D_<rSO" on a b.n.fidal basis IIIL

8 ANNUAL REPORT 2018-2019

Polylink Polymers (India) LimitedWI·Ll729%J1993P1.C03290S

Relationship between Directors lnter·$f! NoneDirectorship in public company OALI~IA8HARATSUGAR INDUSTRIEStTD.

Polylink Pulymers (India) LimitedHindustan Wires ttmited

Chal'manshlp PDLYLINKPOLYMERS(INDIA) LIMITEDNomination &_ Remuneration Committtl!DALMIA BHARATSUGAR INDUSTRlE.S LID.CSR Committe.

1·lembershlp DALI4iA BHARATSUGAR AND INDUSTRIES L114llED:Audit Committ •.•Nomination and Remuneration l:ommilte-eRI~k 1~:I.t1JgcmentCommittC!QSt.keholde~s Rel.tionshlll CornmitteePDLYLINKPDLYI4ERS(INDIA) LIMITEDAudit Committeetfo.nlnation and Remuneration CommitteeSI.hholdets Relationship CommitteeHINDUSTANWIRES LIMITED:Audit CommitteeNomination arul Remuneration COllllllittee

The Board of Dfrectors recommend, the resolution for a eevat of members by way of SPt'cfill Resolution.ppItem "0.: 4CONTINUANCEOF SHRI K M LAL AS IIIDEPEDENT DIRECTORfOR SECONDTERMS Of 5 YEARS.in _ of provision of Section149 (10) of Ihe Companie, act. 2013 an Independent Directo< shaU hold office tor Ite rm up to fivo years on the Board of a Company, but ,hall be eligible for r•• ppoinlmont on passing a SpICl.1R~olution by the Company and Disclosure of such appointment in Board Report.Furth" in te,m, of provision of Se,lIon149 (11) of the Comp.nles acl, 2013 no Independent DI,.clo, shall hold officefor more than two ccnsecutive terms without comply three years cooling period.Th. thairman further inForm that Shrl K ~I l,l was appointment as Independent Director by the Shareholder at theirAnnu.1 Gen.,.1 14eeting held on 17th September, 2014 (rom 21st Annual Genoral ~\.eting upte Ihe condusion of 24thAnnual G.neral Meeting beld in the alendar year 2019 subject to ratification evel\l Annual General Meeting. Ih.m.lfber, plea se note that the 'oquiremool of Ratific.nion ha, don e aW~ "'im effect to Notilieation issued by Ninlwyof Corpo,.t. Affain.Shri Krishna Nuran lat. A9~ . 18 yt'$. ts a retired lAS om,.,r ~nd has a ric;h and v.1ricd experience in the field offinance and he possesses appropriate skills. experience and knowledge in the Man~9P,mcnt of Compa!'lif'.s. It will bein the interest of the CompallY if h. conlinll" on the Board of th. Comp.ny as an Independ • nt Director. he fulnls th.conditions for continuetiuu of his appointment as an Independent Director-as specified \1rI~er the Companies Act.2013 and under the SEal l.i,ting Rcgulations and is 1n<I'pelldent from the l~an.gem.nt and possesses appropriateexperience and knowledge. In term, of Section 160 'of the Coml)iJnif!sact, 2013 the c011lpany have received a noticein writin9 from" '''embcr Proposing their canuidaturc: to act as ~ l.Iifector.Farther Shri K /oJ Lal has affirmed thai h. fuUiIk the "''''''.'Y (,iteria tAl appoint/continue a. Independent Direclor 1$"or Companies act. ZOll as wetl a. 5£81 (LOUR) Regulation as amend.d li"'e tAl time.To Comply said provision of the COlnpanles act. 2013. $hri I( ,,, Lal have given their consent their re·appointmcnt asIndependent Director of the CompanyNone of the other Directors, Key N1Jnagerial Persunnel of the Company of their relatives 3rt in MY w~y concerned orinte,ested in this resolution.The ffomlnatiol1 and Remuneration Commlttee proposedthe reappointment of the L>irectolr.hip of Shri Ktishna '·1uriujtALas Non...Ex!Ctltive Independent D1rector for second term of five yea, from the conclusion of 26th Annual General"'Otting upto (ondusion of 31St Annual (;""eral Mooting h.ld in the caI.ooar yea, 202~.

9 ANNUAL REPORT2018-2019

(j) Polylink Polymers (India) LimitedClN:L17299GJI993PLC03290S

A brief profite of Shri K M 1,1 i> gl ven below'Name of the Director Shrl. ~rishn. Murarll.IDIN 00016166Date of Birth / Age 22·06·1940/78 YearsDate of ApPointment 07\1. SoP, 200SExpertise in spetifk functional (Ilea He i! • reUred lAS Officer and has more th.n G5 yoa"

of txpetlcnce in the field of Finance & Administratiollilualificatlon It S, and lASTerms & Conditions of apPointment & Independent Director (Non~E)(ecuti'/c)Re"ulI ... rion (apart lrom Sitting feosj HIL110. of ,har.s held IIILRelationship between Diroc.tors Inter-sa II-oneDirectorshfp in public: compan.y Polylink Polymer< India Ltd.

PanaeeiJ Biotech ltd.Gem Susar LtdHindustJn Wires limited

Chairmanship PAtlACEABIOTECHLTD.Stakeholder Relationship Committe.HINDUSTANWIRES LIMITED:Audit CommitteeHominatlon Clod RemUMft1lion Committee

~Iembershlp POLYlINK POLYMERS(INDIA) LIMITED:Audit Committee~lomin"tlon and Remuneration CommitteeStakeholderis Relationship CommitteePANACEA8IOT£CH LTD.Audit CommilteeNomination and RemllnlJation CommitteeHItIDUSrAN WIRES lIMITEO:StakE:holder's Relationship Committee

The Boord of Oir.don re<omm.nd, the resolution for approval 01 member. by \YAYof Special Resolution.

Place : IloidaDate : 27th ~Iay, 2019

By Order of the Board of DirectorsFor, Polylink Polymers (India) limited

us. Bhart;.(hainnan

Reg. om,. :Block rio. : 229·230. ViUage: Volthe raT.luka: Dholka. DIm. Ahmedab.dGujarat ·381810ON No. 111299GJ1993PlC032905Tel. Fox : .91 2114 247 454Mail ld ; companysecretaly@polylinkpolymers.coll.website; Vlww.polylinkpolymers.com

10 ANNUAL REPORT2013·2019

Polylink Polymers (India) Limited(IN: l17299GJ!993Pl(03290S

DETAILS OF DIRECTDR '5 LIABLE TO RETIRE BY ROTATION

Name Shri U.S. BhartiaDate of Birth· 22.06.1940

B. Com(Hons.)QualificationExpertise in Specific Functional Area IndustrialistDate of appointment on the Boardof the Company 30.11.1996Name(s} of other Public IPrivate companies inwhich he haids Directorship(as on 31st March 2019). 1. lolls Kashipur Holdings limited

2. Mis Hindustan Wires limited3. I·Vs India Glycols limited4. Mis IGL Finance Limited1. Mis LUND AND BLOCKLEYPVT LTD2. IVs J BOSfCK & CO FVT LTD3. MIs SUPREET VYAPAAR PVT LTD4. Mis AJAY COMMERCIAL CO PVT LTD5. t~/s J B COMMERCIAL CO PVT LTD6. Mis FAClT COMMOSALES PVT LTD7. Mis IGL INfRASTRUaURE PRIVATE LTD8. Mis USB TRUSTEE PRIVATE UIo\lTED

PUBLIC PRIVATE:

9. I'I/s JB TRUSTEE PRIVATE LIMITED10. 1>1/5 PB TRUSTEE PRIVATE LIMITED11. Mis PJ TRUSTEE PRIVATE W~ITEO

LLP 1. POOJA JHAVER BENEFICIARY UP2. PRAGYA BHARnA BARWALE BENEFICIARY

LLP3. JAYSHREE BHARnA BENEfICIARY LLP4. UMASHANKAR BHARTIA BENEFICIARY LLP

AOP/BOI 1. PHD CHAMBER OF COMMERCEANDINDUSTRY

Name of the Committee of the public India Glycols Limited:

11 ANNUAL REPORT 2018-2019

Polylink Polymers (India) Limitedcrtl: ll7299Gn993PlCo319PS

Companies of which he holdsr~embership/Chairmanship

Chainnan:CSR CommitteeMember: Stakeholder Relationship Committee

Hindustan Wires LimitedMember: Audit Committee, Nominationand Remuneration Committee.

Poly link Polymers (India) limited:Member: Audit Committee, Nomination andRemuneration Committee,Stakeholder Relationship committee

Kashipur Holdings Limited:Member:Audit Committee, Nominationand Remuneration Committee,Chalrman:Stakeholder Relationship Committee

Shareholdings with company 1117200 (5.05"!.)

flelationshlp with other Directors l'ls, Pragya Bhartia Barwale(Relative)

Plate : Noid.Oat. : 27th '!Jay, 7.019

By Order of I~ Board of Oil.etotsFor,Polylink Polymers (Indl.) Limited

u.s. Oh.rti.(hainnali

Reg. Offi« :Blo<k 110. : 229·230, VilLlge: Val!herar.lul<.l:OhoUa,Dirtt. Ah,,~d.b.uIGujar.r ·387810em No, l17299GJ1993PLC03290f>Tel. fax: +91 2714 241 454~lail Id : comp.llysecrotary@poly\inkpolYflws,col11website: : www.poMinkpolymers.com

12 ANNUAL REPORT2018·2019

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ANNUAL REPORT2018 -2019