Balkrishna Industries Ltd. — AGM Information 2020

Aug 12, 2020

Phiroze Jeejeebhoy Towers 5thFloor, Exchange Plaza

Scrip Name: BALKRISI/ Scrip Code: 502355 Scrip Name/Code : BALKRISIND

Dear Sir/Madam,

Sub: Proceedings of 513thAnnual General Meeting of the Company held on 12thAugust, 2020

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith proceedings of 58thAnnual General Meeting of the Company (AGM) held on Wednesday, the 12thAugust, 2020 at 11:00 a.m. through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM").

Kindly take the above information on your record.

Thanking you,

Yours faithfully, For Balkrishna Industries Limited

Vipul Shah Director & C DIN: 05199526 any Secretary

Enclosed: As above

BIL: 2020-21 12thAugust, 2020

BSE Ltd National Stock Exchange of India Ltd Dalai Street Mumbai —400 001 Bandra Kuria Complex Bandra (E), Mumbai 400 051

Balkrishna Industries Ltd. CIN No.: L99999MH1961PLC012185

Corporate Office : BKT House, C / 15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India. Tel: +91 22 6666 3800 Fax: +91 22 6666 3898/99 www.bkt-tires.com

Registered Office : B-66, Waluj Industrial Area, Waluj, Aurangabad - 431 136, Maharashtra, India.

Proceedings of the 58thAnnual General Meeting of Balkrishna Industries Limited GROWING TOGETHER

1. Date, time and Venue of the Meeting:

The 58th Annual General Meeting (AGM) of the Members of the Company was held on Wednesday, the 12th August, 2020 at 11:00 a.m. through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM')' The Meeting commenced at 11:00 a.m. (IST) and concluded at 11:45 a.m.

2. Proceedings in brief:

Shri Arvind M Poddar, the Chairman & Managing Director, chaired the Meeting.

The requisite quorum being present, the Chairman called the Meeting to Order.

The Chairman informed the Members that the Meeting was held through VC/OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

The Chairman addressed the Members and delivered his speech.

The Chairman informed that remote e-voting commenced at Sunday, the 9th August, 2020 (9:00 a.m. 1ST) and concluded on Tuesday, the 11th August, 2020 (5:00 p.m. 1ST).

The Chairman took up the Agenda items as set out in the Notice convening the 58th Annual General Meeting for member's consideration and approval.

Ordinary Business:

• 1. To consider and adopt:
  • a. the Audited Standalone Financial Statement of the Company for the financial year ended 31st March, 2020 together with the reports of the Board of Directors and Auditors thereon; and
  • b. the Audited Consolidated Financial Statement of the Company for the financial year ended 31st March, 2020 together with report of the Auditors thereon.
• 1. To confirm 1st Interim Dividend of 2.00 per equity share, 2nd Interim Dividend of 2.00 per equity share and 3rd Interim Dividend of Z 16.00 per equity share, aggregating to Z 20.00 per equity share, already paid for the financial year ended 31st March, 2020 and to treat 3rd Interim Dividend of 16.00 per equity share as Final Dividend for the financial year 2019-20.
• 1. To appoint a Director in place of Mr. Vipul Shah (DIN: 05199526), who retires by rotation and being eligible, offers himself for re-appointment.

The Company had provided remote e-voting facility to its members to cast votes electronically on all items of business set out in the Notice.

Further the facility to vote on resolutions through electronic voting system at the Meeting (Insta Poll) was made available to the members who participated in the meeting and had not cast their votes through remote e-voting.

The Chairman informed the members that the Company has appointed Mr. G.B.B. Babuji, the Practising Company Secretary as the Scrutinizer to scrutinize the voting through electronic means (remote e-voting process and voting at the meeting by using electronic system).

Contd.2

Balkrishna Industries Ltd. CIN No.: L99999MH1961PLC012185

Corporate Office : BKT House, C / 15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Fare!, Mumbai - 400 013, India.

Tel: +91 22 6666 3800 Fax: +91 22 6666 3898/99 www.bkt-tires.com

Registered Office : B-66, Waluj Industrial Area, Waluj, Aurangabad - 431 136, Maharashtra, India.

: 2 :

3. Results of the Voting:

The result of e-voting shall be disseminated to the stock exchanges and uploaded on website of the Company and Kfin Technologies Private Limited (KFintech) the authorised agency provided e-voting facility.

This documents does not constitute minutes of the proceedings of the Annual General Meeting of the Company.

Thanking you,

Yours faithfully,

DIN : 05199526

For Balkrishna Industries Limited

Vipul Shah Director & Company Secretary

Balkrishna Industries Ltd. CIN No.: 1.99999MH1961PLC012185 Corporate Office : BKT House, C 115, Trade World, Kamala Mills Compound, senapati Bapat Mary, Lower Pare!, Mumbai - 400 013, India. Tel: +91 22 6666 3800 Fax: +91 22 6666 3898/99 www.bkt-tires.com Registered Office : B-66, Waluj Industrial Area, Waluj, Aurangabad - 431 136, Maharashtra, India.