Disclosure of voting activities in General meetings of investee companies in which the insurers have actively participated and voted:
Name of the Insurer: Future Generali India Insurance Co. Ltd
Period of Reporting: 01/04/2020 to 30/06/2020
| Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of Proposal | Management Recommendation | Vote (For/ Against/ Abstain) | Reason supporting the Vote decision |
| ----------------- | ------------------------ | --------------NIL----- | ---------------------------- | ----------------- | |||
Place: Mumbai
Signature of Compliance Officer
Date:
Disclosure of voting activities in General meetings of investee companies in which the insurers have actively participated and voted:
Name of the Insurer: Future Generali India Insurance Co. Ltd
Period of Reporting: 01/07/2020 to 30/09/2020
| Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of Proposal | Management Recommendation | Vote (For/ Against/ Abstain) | Reason supporting the Vote decision |
| ----------------- | ------------------------ | -------NIL-------- | ---------------------------- | ---------------- | |||
Place: Mumbai
Signature of Compliance Officer
Date:
Disclosure of voting activities in General meetings of investee companies in which the insurers have actively participated and voted:
Name of the Insurer: Future Generali India Insurance Co. Ltd
Period of Reporting: 01/10/2020 to 31/12/2020
| Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of Proposal | Management Recommendation | Vote (For/ Against/ Abstain) | Reason supporting the Vote decision |
| ----------------- | ------------------------ | ------NIL-------- | ---------------------------- | ----------------- | |||
Place: Mumbai
Signature of Compliance Officer
Date:
Annexure A
Disclosure of voting activities in general meetings of investee companies in which the insurers have
actively participated and voted:
Name of Insurer : Future Generali India Insurance Company Limited Period of Reporting : January 2021 – March 2021
| Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of Proposal | Management Recommendation | Vote (For/ Against/ Abstain) | Reason supporting the Vote decision |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 1 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution to approve the distribution mechanism of the value receivable by the creditors of DHFL under the resolution plan submitted by the successful resolution applicant (as discussed in the Eighteenth Meeting of the Committee of Creditors of DHFL) | Management has sought approval of the NCD holders to approve the distribution mechanism of the value receivable by the creditors of DHFL under the resolution plan submitted by the successful resolution applicant. | Voted in favour of the resolution | We vote Yes for all Resolution Plans. The NPV of all bids are higher than the Liquidation Value. Additionally, we vote Yes for the expenses related items and for the distribution mechanism (# 1, 2, 3, 9) since these are reasonable |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 2 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution authorising Cyril Amarchand Mangaldas (CAM) and J. Sagar Associates (JSA), legal advisors to CoC of DHFL, to do all things necessary in respect of representing the CoC in connection with the CIRP including but not limited to, representing the CoC in all legal proceedings before any judicial forum, whether initiated before or after the approval of the resolution plans by NCLT and drafting responses to notices/ letters/ any communication received by the CoC from any persons/ parties. | Management has sought approval of the NCD holders to authorize Cyril Amarchand Mangaldas (CAM) and J. Sagar Associates (JSA), legal advisors to CoC of DHFL, to do all things necessary in respect of representing the CoC | Voted in favour of the resolution | and necessary for the resolution process. |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 3 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution in respect of creation of corpus for meeting costs of advisors appointed by or on behalf of the Committee of Creditors of DHFL relating to the corporate insolvency resolution process of DHFL | Management has sought approval of the NCD holders for creation of the corpus for meeting costs of advisors appointed by or on behalf of the Committee of Creditors of DHFL relating to the corporate insolvency resolution process of DHFL. | Voted in favour of the resolution | |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 4 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution Plan submitted by India Opportunities Investments Singapore Pte. Ltd.(Oaktree) for Option I | Management has sought approval of the NCD holders to Vote for/ against the Resolution Plan submitted by India Opportunities Investments Singapore Pte. Ltd.(Oaktree) for Option I. | Voted in favour of the resolution | |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 5 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution Plan submitted by Piramal Capital & Housing Finance Limited for Option I | Management has sought approval of the NCD holders to Vote for/ against the Resolution Plan submitted by Piramal Capital & Housing Finance Limited for Option I. | Voted in favour of the resolution | |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 6 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution Plan submitted by Adani Properties Private Limited along with its wholly owned subsidiary Nirjara Pedestal Private Limited for Option I | Management has sought approval of the NCD holders to Vote for/ against the Resolution Plan submitted by Adani Properties Private Limited along with its wholly owned subsidiary Nirjara Pedestal Private Limited for Option I. | Voted in favour of the resolution | |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 7 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution Plan for Option II- First Scenario (Combination of: Piramal Option IIA, Adani Option IIB and Adani Option IIC) | Management has sought approval of the NCD holders to Vote for/ against the Resolution Plan submitted for Option II- First Scenario (Combination of: Piramal Option IIA, Adani Option IIB and Adani Option IIC) | ||
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 8 | To Discuss and approve the voting items of the resolution plans for DHFL | Resolution Plan for Option II- Second Scenario (Combination of: Piramal Option IIA, SC Lowy Option IIB and Adani Option IIC) | Management has sought approval of the NCD holders to Vote for/ against the Resolution Plan submitted for Option II- Second Scenario (Combination of: Piramal Option IIA, SC Lowy Option IIB and Adani Option IIC) | Voted in favour of the resolution | |
| 14-Jan-21 | Dewan Housing Finance Corp. Ltd (DHFL) | E-voting No. 9 | To Discuss and approve the voting items of the resolution plans for DHFL | Approval of CIRP costs under Regulation 31 of CIRP regulations | Management has sought approval of the NCD holders for approval of CIRP costs under Regulation 31 of CIRP regulations | Voted in favour of the resolution | |
| 30-Mar-21 | Reliance Industrie s Ltd | E-voting | Scheme of Arrangement between Reliance Industries Limited (“Transferor Company” or “Company”) & its shareholders and creditors and Reliance O2C Limited (“Transferee Company”) &its shareholders and creditors | Reliance Industries (RIL) will transfer all its petrochemical assets to a 100% RIL owned O2C (Oil 2 Chemical) Subsidiary on a slump sale basis. | Management has sought approval of the Secured Debentureholder s for the Scheme of Arrangement between Reliance Industries Limited & its shareholders and creditors and Reliance O2C Limited &its shareholders and creditors. | Voted in favour of the resolution | We believe that RIL’s reorganizati on of its refining and petrochemi cal business into Oil-2- Chemical (O2C) subsidiary will lead to value unlocking in near term and value creation in the medium term. Formation of a separate O2C subsidiary is a precursor to strategic partnership s and new investors in the business (like Saudi Aramco). Additionally, we do believe that the reorganizati on will have a positive impact on the consolidate d financials. |
| 30-Mar-21 | Reliance Industrie s Ltd | E-voting | Scheme of Arrangement between Reliance Industries Limited (“Transferor Company” or “Company”) its shareholders and creditors and Reliance O2C Limited (“Transferee Company”) &its shareholders and creditors | Reliance Industries (RIL) will transfer all its petrochemical assets to a 100% RIL owned O2C (Oil 2 Chemical) Subsidiary on a slump sale basis. | Management has sought approval of the Unsecured Debenture holders for the Scheme of Arrangement between Reliance Industries Limited & its shareholders and creditors and Reliance O2C Limited &its shareholders and creditors. | Voted in favour of the resolution | We believe that RIL’s reorganizati on of its refining and petrochemi cal business into Oil-2- Chemical (O2C) subsidiary will lead to value unlocking in near term and value creation in the medium term. Formation of a separate O2C subsidiary is a precursor to strategic partnership s and new investors in the business (like Saudi Aramco). Additionally, we do believe that the reorganizati on will have a positive impact on the consolidate d financials. |
Place: Mumbai
Signature of Compliance Officer
Date:
