Kreon Finnancial Services Ltd

considered and approved the following matters interalia other subjects: Conduct the Postal ballot to obtain shareholders approval for appointment of M/s. Darpan & Associates Chartered Accountants as Statutory Auditors of the Company to fill the casual vacancy caused by the resignation of M/s. J.V. Ramanujam & Co. Chartered Accountants (due to dissolution of firm of previous Auditors for which intimation of their Resignation was filed vide our letter dated 10th January 2023) and approve the draft notice of postal ballot. Appointment of M/s Lakshmmi Subramanian & Associates as scrutinizer for postal ballot e-voting process.The copy of the notice of Postal Ballot will be submitted to the Stock Exchange as soon as the same be emailed to the eligible Shareholders as on the cut-off date 10th March 2023.The meeting commenced at 5.00 P.M. and concluded at 5.40 P.M.