Borosil Limited — Board/Management Information 2021

Nov 12, 2021

Borosil Limited CIN: L36100MH2010PLC292722 Registered & Corporate Office :

1101, Crescenzo, G-Block, Opp. MCA Club, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, India. T +91 22 6740 6300 F +91 22 6740 6514 E borosil@borosil.com

W www.borosil.com

November 12, 2021

The DCS - CRD
BSE Limited	National Stock Exchange of India Ltd
Corporate Relationship Department	Exchange Plaza, C-1, Block G,
1 st Floor, New Trading Ring,	Bandra Kurla Complex,
Rotunda Building, P. J. Towers,	Bandra (East),
Dalal Street,	Mumbai - 400 051
Mumbai - 400 001

Dear Sir / Madam,

ISIN: INE02PY01013

Sub: Outcome of the Board Meeting held on November 12, 2021 - pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is to intimate that, the Board of Directors of the Company at its meeting held today, i.e. November 12, 2021, inter alia have considered and approved the following:

• 1. Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2021 under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and related papers (being sent separately);
• 1. Resignation of Mr. Manoj Dere as the Company Secretary & Compliance Officer and Key Managerial Personnel of the Company with effect from November 12, 2021;
• 1. Appointment of Ms. Anshu Agarwal as the Company Secretary & Compliance Officer and Key Managerial Personnel of the Company with effect from November 12, 2021;

The details/disclosures as required under Regulation 30 of the Listing Regulations read with Schedule III thereto and the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 ("SEBI Circular"), is attached as Annexure 1.

1. Approved the expansion plan of setting up of Borosilicate 3.3 expansion tubing furnace at its plant in Village Boridra-Dumala, Bharuch, Gujarat for manufacture of glass tubings. The disclosure as required pursuant to SEBI Circular is as follow:

Particular	up of Borosilicate 3.3 expansionSettingtubing furnace at its plant in Village Boridra-Dumala,Bharuch, Gujarat for manufacture of glass tubings.
a) existing capacity	New capacity
b) existing capacity utilization	Not applicable
c) proposed capacity addition	20 to 24 Metric Tonnes (MT) Per Day
d) period within which the proposed	By 31 st March, 2023
capacity is to be added
e) investment required	Upto Rs. 100 crores
f) mode of financing	Mix of debt and Internal accruals
g) rationale	Glass tubing is one of the main components used as araw material for Company's various products. Thistubing is presently imported. The landed cost of thesame is going up perennially, as also supplies havebecome irregular owing to various supply chain issues.In order to overcome this situation, it has beendecided to set up Company's own planttormanufacturing such tubing.

1. Key Managerial Personnel of the Company authorized to determine materiality of events or information and for the purpose of making disclosures of the determined material events or information to Stock Exchanges is attached as Annexure 2.

The aforesaid meeting of the Board of Directors commenced at 3.15 p.m. and concluded at $04:40$ p.m.

$\tilde{\chi}$

You are requested to take the same on record and confirm.

Yours faithfully, For Borosil Limited

$|$ ultan $\zeta$

Anand Sultania Chief Financial Officer

Encl: as above

Required disclosures/details in respect of change in the Key Managerial Personnel pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015:

Resignation of Mr. Manoj Dere as the Company Secretary and Compliance Officer of the 1) Company:

Sr. No.	Particulars	Details
1.	Reason for change viz.appointment, resignation, removal,	Resignation of Mr. Manoj Dere, CompanySecretary and Compliance Officer of the
	death or otherwise;	Company.
2.	Date of appointment/cessation (as applicable) & term ofappointment	With effect from November 12, 2021.

2) Appointment of Ms. Anshu Agarwal as the Company Secretary and Compliance Officer of the Company:

Sr. No.	Particulars	Details
1.	Reason for change viz.	Appointment of Ms. Anshu Agarwal as
	appointment, resignation, removal,	the Company Secretary and Compliance
	death or otherwise;	Officer of the Company.
2.	Date of appointment/	November 12, 2021.
	cessation (as applicable)-& term of
	appointment	Terms of Appointment - As per employment
		terms of the Company
3.	Brief profile (in case ofappointment);	Ms. Anshu Agarwal is a B. Com and lawgraduate and is a Fellow member of theInstitute of Company Secretaries of India(ICSI). She has experience of over 16 yearsin the field of various corporate laws,mergers, acquisitions, private equitytransactions and fund-raising activities.Prior to joining Borosil, she has worked withthe business groups like Reliance IndustriesLimited, Lodha Group and IIFL etc.
4.	Disclosure of relationships betweendirectors (in case of appointment of adirector)	Not Applicable.

For Borosil Limited

MAGNG

Anand Sultania Chief Financial Officer

Pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details of Key Managerial Personnel (KMPs) authorized to determine materiality of events or information is as under:

Serial No.	Name of KMPs	Contact Details
	Mr. Shreevar Kheruka(Managing Director & CEO)	shreevar.kheruka@borosil.comPh: 022-6740 6303
2.	Mr. Rajesh Kumar Chaudhary(Whole Time Director)	rajeshc@borosil.comPh: 022-6740 6376

Additionally, the contact details of KMPs authorized to make disclosures of the determined material events or information is as under:

Serial No.	Name of KMPs	Contact Details (Email IDs)
	Mr. Anand Sultania(Chief Financial Officer)	anand.sultania@borosil.comPh: 022 - 6740 6379
	Ms. Anshu Agarwal(Company Secretary andCompliance Officer)	anshu.agarwal@borosil.comPh: 022-6740 6318

For Borosil Limited

imram G

Anand Sultania Chief Financial Officer