Disclosure of Exercise of Proxy votes in the AGM/EGM,etc of Investee Companies across all schemes of UTI Mutual Fund during the Financial Year 2011-12 Management Proposals Annexure - B Sr. No. Company Name Meeting Type of Resln Proposal / Agenda/ Resolution Management Vote Date Meeting No. Recommendation (For/Against/Abstain) 1 KSB Pumps Limited 5-Apr-11 EGM 1 Increase in the Authorized Share Capital Not to object Abstain 2 Amendment to Memorandum of Association Not to object Abstain 3 Issue of Bonus Shares Not to object Abstain 2 KSB Pumps Ltd. 7-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Dr. A. Lee Not to object Abstain 4 Re-appointment of Director: Mr. W. Spiegel Not to object Abstain 5 Appointment of Auditors and fixing of Remuneration Not to object Abstain 6 Appointment of Mr. Pradip Shah as a Director Not to object Abstain 7 Appointment of KSB Singapore (Asia Pacific) Pte Ltd as sole selling agent of the Not to object Abstain company 3 Ambuja Cements Limited 11-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. M.L.Bhakta Not to object Abstain 4 Re-appointment of Director: Dr. Omkar Goswami Not to object Abstain 5 Re-appointment of Director: Mr. Naresh Chandra Not to object Abstain 6 Appointment of Auditors and fixing of remuneration Not to object Abstain 7 Approval for variations in the previous ESOS scheme Not to object Abstain 4 ACC Limited 13-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. N. S. Sekhsaria Not to object Abstain 4 Re-appointment of Director: Mr. D. K. Mehrotra Not to object Abstain 5 Re-appointment of Director: Mr. R. A. Shah Not to object Abstain 6 Appointment of Auditors and fixing of remuneration Not to object Abstain 7 Appointment of Mr. Aidan Lynam as a Director of the Company Not to object Abstain 8 Appointment of Mr. Sushil Kumar Roongta as a Director Not to object Abstain 5 CRISIL Limited 15-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Final Dividend and confirmation of payament of Interim Not to object Abstain Dividends. 3 Re-appointment of Director: Mr. B. V. Bhargava Not to object Abstain 4 Re-appointment of Director: Dr. Nachiket Mor Not to object Abstain 5 Appointment of Auditors and fixing of Remuneration Not to object Abstain 6 Vesuvius India Limited 19-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. Shekhar Dutta Not to object Abstain 4 Re-appointment of Director: Dr. Claude Dumazeau Not to object Abstain 5 Appointment of Auditors and fixing of remuneration Not to object Abstain 7 Nestle India Limited 19-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Appointment of Auditors and fixing of remuneration Not to object Abstain 4 Appointment of Dr. Rakesh Mohan as a Director Not to object Abstain 5 Appointment of Dr. (Mrs.) Swati A. Piramal Not to object Abstain 6 Appointment of Mr. Christian Schmid as a Director Not to object Abstain 7 Appointment of Mr. Christian Schmid as the Whole- Time Director designated as Not to object Abstain Director-Technical and fixing of remuneration 8 Increase in the borrowing limit Not to object Abstain 9 Payment of Commission to Non Executive Directors Not to object Abstain 8 Timken India Limited 21-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Re-appointment of Director: Mr. Niroop Mahanty Not to object Abstain 3 Re-appointment of Director: Mr. P S Dasgupta Not to object Abstain 4 Re-appointment of Auditors and fixing of remuneration Not to object Abstain 5 Appointment of Mr. James R Menning as a Director Not to object Abstain 9 Honeywell Automation India 21-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain Limited 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. S.L. Rao Not to object Abstain 4 Re-appointment of Director: Mr. Norman Gilsdorf Not to object Abstain 5 Appointment of Auditors and fixing of remuneration Not to object Abstain 6 Revision in the remuneration of Mr. Anant Maheshwari Managing Director Not to object Abstain 10 Blue Dart Express Limited 26-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. Malcolm Monteiro Not to object Abstain 4 Appointment of Auditors and fixing of remuneration Not to object Abstain 5 Appointment of Mr. Roger Crook as a Director Not to object Abstain 6 Approval for revision in the remuneration of Mr. Anil Khanna Managing Not to object Abstain Director 7 Payment of Commission to Non- Executive Directors Not to object Abstain 11 Aventis Pharma Limited 26-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain (Sanofi India) Ltd 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr.S.R.Gupte Not to object Abstain 4 Appointment of Auditors and fixing of remuneration Not to object Abstain 5 Appointment of Mr. J. M. Georges as a Director Not to object Abstain 6 Appointment of Mr. F. X. Duhalde as a Director Not to object Abstain 7 Re-appointment of Dr. S. Ayyangar as Managing Director and fixing of Not to object Abstain remuneration 8 Appointment of Mr. M. G. Rao (presently Alternate to Mr. J. M. Georges) as Not to object Abstain Wholetime Director of the Company and fixing of remuneration 12 Clariant Chemicals (India) 26-Apr-11 AGM 1 Adoption of Accounts Not to object For Limited 2 Declaration of Dividend Not to object For 3 Re-appointment of Director: Mr. B.S. Mehta Not to object For 4 Appointment of Auditors and fixing of remuneration Not to object For 5 Appointment of Mr. Alfred Muench as a Director Not to object For 6 Increase in the remuneration of Mr. Peter Palm Vice- Chairman & Managing Not to object For Director of the Company 7 Alteration in the Articles of Association Not to object For 8 Payment of sitting fees to the Directors Not to object For 13 Hexaware Technologies 27-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain Limited 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. P. R. Chandrasekar Not to object Abstain 4 Re-appointment of Director: Dr. (Mrs.) Alka Nishar Not to object Abstain 5 Re-appointment of Director: Mrs. Preeti Mehta Not to object Abstain 6 Re-appointment of Director: Mr. Bharat Shah Not to object Abstain 7 Re-appointment of Auditors and fixing of remuneration Not to object Abstain 8 Ratification of the increase in/ revision of remuneration paid to Mr. R. V. Not to object Abstain Ramanan Executive Director & President- Global Delivery 9 Approval of fixing the limits for the maximum number of Stock Options that can Not to object Abstain be granted to the Non- Executive directors 14 Gujarat Gas Company Limited 28-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend on preference shares Not to object Abstain 3 Declaration of Dividend on equity shares Not to object Abstain 4 Re-appointment of Director: Mr. Derek Fisher Not to object Abstain 5 Re-appointment of Director: Mr. Bikash C. Bora Not to object Abstain 6 Appointment of Auditors and fixing of remuneration Not to object Abstain 7 Appointment of Mr. Walter Simpson as a Director Not to object Abstain 8 Payement of Commission to Chairman and Independent Directors Not to object Abstain 15 Gujarat Pipavav Port Limited 29-Apr-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Re-appointment of Director: Mr. Christian Moller Laursen Not to object Abstain 3 Re-appointment of Director: Mr. Pankaj Kumar IAS Not to object Abstain 4 Re-appointment of Director: Mr. Dinesh Lal Not to object Abstain 5 Appointment of Auditors and fixing of remuneration Not to object Abstain 6 Appointment of Mr. Shyam Sundar S. G. as a Director Not to object Abstain 7 Appointment of Mr. Martin Gaard Christiansen as a Director Not to object Abstain 8 Maintenance of Members Register & Share Transfer Register Not to object Abstain 9 Approval to give donations Not to object Abstain 16 EMCO Limited 29-Apr-11 EGM 1 ApprovaltoissueEmployeeStock Option Scheme - 2011 to the eligible present Not to object Abstain and future employees and Directors of the Company 2 Approval to issue Employee Stock Option Scheme - 2011 to the eligible present Not to object Abstain and future employees and Directors of existing and future Indian or Foreign Subsidiaries of the Company 3 Alteration in the Articles of Association of the Company Not to object Abstain 17 IndusInd Bank Limited 29-Apr-11 Postal 1 Approval for the Alteration in the Object Clause of the Memorandum of Not to object For Ballot Association 18 SKF India Limited 3-May-11 AGM 1 Adoption of Accounts Not to object Abstain 2 Declaration of Dividend Not to object Abstain 3 Re-appointment of Director: Mr. D. C. Shroff Not to object Abstain 4 Re-appointment of Director: Mr. H. Lange Not to object Abstain 5 Re-appointment of Auditors and fixing of remuneration Not to object Abstain 6 Appointment of Mr.