Ashok Leyland Ltd. — Board/Management Information 2021

Nov 12, 2021

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November 12, 2021

National Stock Exchange of India Ltd. BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers C-1, Block G, Bandra Kurla Complex Dalal Street Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Scrip Code: ASHOKLEY Stock Symbol: 500477 Through: NEAPS Through: BSE Listing Centre

Dear Sir/Madam,

Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at their meeting held today has appointed Mr. Shom Ashok Hinduja (DIN: 07128441) as an Additional Director (Non-Executive, Non-Independent) of the Company with immediate effect. His appointment as a Director on the Board is subject to the approval of the shareholders.

The disclosure as required under the Regulation 30(6) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with SEBI circular CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure.

We hereby confirm that Mr. Shom Ashok Hinduja is not debarred from holding the office of Director by virtue of any Order of SEBI or any other authority.

Yours faithfully, for ASHOK LEYLAND LIMITED

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N Ramanathan Company Secretary Encl.: a/a

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Annexure

Disclosure under Regulation 30(6) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015:

Sl. No.	Particulars	Details
1.	Reason for change viz., appointment, resignation, removal,death or otherwise	Appointment
2.	Date of appointment/cessation (as applicable) & term of appointment	Appointed as an Additional Director (Non-Executive and Non-Independent) with effect from November 12, 2021.
3.	Brief profile (in case of appointment)	A third generation member of the Hinduja Family, Mr. Shom Ashok Hinduja (son of Ashok P. Hinduja) is the President - Alternative Energy and Sustainability Initiatives, at the 100 plus year old Hinduja Group - one of India’s leading diversified transnational conglomerates with a multi-billion- dollar turnover that has a direct presence in over 38 countries and employs about 150,000 people across sectors that range from Industrial Manufacturing to Information Technology. Mr. Shom has led the group's foray into the alternative energy sector and serves as the Chairman of the group’s Renewable Energy business. He also drives and participates in execution of Sustainability initiatives globally across various companies of the Group. Under him, the group is venturing into the next generation transformative spaces like Electric Mobility, Battery Technology, and Cyber Security amongst others. He is a prominent contributor in group’s strategy development initiatives, risk framework development and investments in start-ups. He’s actively involved in Hinduja foundation’s philanthropic work in areas of clean water, solar lighting, healthcare, education. Prior to joining the offices in Mumbai, Mr. Shom, worked in the Financial Due Diligence practice at KPMG, New York, as part of the M&A team. He holds a B.A. in Sustainable Development and an M.S. in SustainabilityManagement from Columbia University,NY
4.	Disclosure of relationships between directors (in case of appointment of a director)	Not related to the Directors of the Company (as per ‘relative’ definition of the Companies Act, 2013)

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Shom Ashok Hinduja appointed on the Board of Ashok Leyland

12 November 2021, Chennai: The Board of Directors of Ashok Leyland earlier at their Board Meeting today have decided to induct Mr. Shom Ashok Hinduja as an Additional Director to its Board, subject to the approval of the shareholders.

Shom Ashok Hinduja, a third generation member of the Hinduja Family, is the President - Alternative Energy and Sustainability Initiatives, at the 100+ year old Hinduja Group - one of India’s leading diversified transnational conglomerates with a multi-billion-dollar turnover; having direct presence in over 38 countries; employing about 150,000 people across sectors ranging from Industrial Manufacturing to Information Technology.

Shom drives the execution of Sustainability initiatives globally across various companies of the Group and has led the Group's foray into the alternative energy sector. He serves as the Chairman of the group’s Renewable Energy business.

Under his leadership, the Hinduja Group is venturing into next generation transformative spaces like Electric Mobility, Battery Technology, and Cyber Security amongst others. He is also leading to transform the group’s Digital experience for internal stakeholders, offerings for consumers and building a digital ecosystem.

“The induction of Mr. Shom Ashok Hinduja into the Board of Ashok Leyland will accelerate the Company’s sustainability and new gen transformational initiatives considering his expertise and experience in these areas. I look forward to working closely with him to help Ashok Leyland scale heights in this ESG driven world.” said Dheeraj Hinduja, Chairman, Ashok Leyland.

For further information/media queries, contact:

Rajesh Mani, Head - Marketing and Corporate Communications | Rajesh.Mani@ashokleyland.com | +91 9500022922

Meenakshi Anand, Divisional Manager - Corporate Communication | Meenakshi.anand@ashokleyland.com|+91 9444276464

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