Batliboi Ltd — Board/Management Information 2021

Apr 28, 2021

April 28, 2021

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Scrip Code: 522004

Dear Sir/ Madam,

Sub.: Intimation of Resignation of Independent Director

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III to the said Regulations, we wish to inform you that Mr. Vijay Kirloskar (DIN: 00031253), has stepped down from the position of the Independent Director of the Company with effect from April 27, 2021 due to the reasons mentioned below:-

Sl No.	Disclosure Requirements		Details
1.	Reason for Change viz.~~appointment~~ ~~,~~ resignation,~~removal, death or otherwise;~~		Mr. Vijay Kirloskar (DIN: 00031253) has expressed his intention to resign as an Independent Director of the Company w.e.f. April 27, 2021 due to Covid-19 pandemic situations and his own commitment as mentioned in his resignation email dated April 27,2021
2.	Date of~~Appointment~~ / Cessation (as applicable)&~~term of Appointment~~		w.e.f. April 27, 2021

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Further, the Company has received confirmation from Mr. Vijay Kirloskar (DIN: 00031253) that there are no other material reasons for his resignation other than those which is provided in the resignation email dated April 27, 2021. The said confirmation received is enclosed herewith.

The information contained in this disclosure is also available on the Company's website www.batliboi.com and BSE Limited (www.bseindia.com).

We request you to take the same on record.

Thanking you,

Yours faithfully,

For Batliboi Limited

Digitally signed by GANPAT GANPAT SAKHARA SAKHARAM SAWANT M SAWANT Date: 2021.04.28 12:33:51 +05'30'

Ganpat Sawant Company Secretary

Encl: As above

Ganpat Sawant

From: Vijay Kirloskar [vijay.kirloskar@kirloskarelectric.com] Sent: 28 April 2021 12:11 To: Ganpat Sawant; Nirmal Bhogilal Subject: Resignation

April 27, 2021

To,

Board of Directors,

Batliboi Limited 05 th Floor, Bharat House,

Bombay Samachar Marg, Fort,

Mumbai 400001

Subject: Confirmation on Reason for Resignation

In connection to my Resignation email dated April 27, 2021, resigning from he position of “Independent Director” of Batliboi Limited with immediate effect and as per Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure

Requirements) Regulations, 2015 ( “Listing Regulations") read with Clause 7B of Part A of Schedule III of the Listing Regulations, I confirm that there are no other material reasons other than those which I have provided in my resignation email.

Additional details in connection to my resignation from the Company is as below:

Sl. No. Particulars Comment

1. Detailed reasons for the

resignation

Due to Covid-19 pandemic situations and my

own commitment, I resign from the position of

the “Independent Director” of the Company.

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Thanking You,

Yours faithfully,

Vijay Kirloskar

(DIN: 00031253)

[ ]

Disclaimer : "This e-mail message (including the attachments thereto, if any) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the originally intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. You should not, directly or indirectly, use, disclose, distribute, print, or copy any part of this message if you are not the intended recipient. The recipient acknowledges that Kirloskar Electric Company Ltd., is unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender has done the same expressly with due authority. Further, any commercial information or understanding included in or intended to be conveyed through this message does not constitute an offer by Kirloskar Electric Company Ltd., to deal with any of the terms quoted and the same should be treated only as preliminary and subject to formal written confirmation to follow in due course. Before opening any attachments please check them for viruses and defects."

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Ganpat Sawant

From: Nirmal Bhogilal [nb@batliboi.com] Sent: 27 April 2021 14:44 To: Ganpat Sawant Subject: Fwd: Resignation

Begin forwarded message:

From: Vijay Kirloskar vijay.kirloskar@kirloskarelectric.com Date: 27 April 2021 at 2:18:49 PM IST To: Nirmal Bhogilal NB@batliboi.com Subject: Resignation

Dear Nirmal,

I view of covid-19 pandemic situations and my own commitment I have here, I am putting my resignation to the Board of Batliboi & Co with immediate effect.

I have had a wonderful time with you and the company during my association. I thank the Company, you and your family for the support shown to me.

Kindly accept and acknowledge my resignation. With warm regards, Vijay

Disclaimer : "This e-mail message (including the attachments thereto, if any) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the originally intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. You should not, directly or indirectly, use, disclose, distribute, print, or copy any part of this message if you are not the intended recipient. The recipient acknowledges that Kirloskar Electric Company Ltd., is unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender has done the same expressly with due authority. Further, any commercial information or understanding included in or intended to be conveyed through this message does not constitute an offer by Kirloskar Electric Company Ltd., to deal with any of the terms quoted and the same should be treated only as preliminary and subject to formal written confirmation to follow in due course. Before opening any attachments please check them for viruses and defects."

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