EIMCO Elecon India Ltd. — Board/Management Information 2020

Jun 25, 2020

Eim/Sec/SE/ Date:2Sth June, 2020

EIMCO ELECON

BSELimited	NationalStockExchangeofIndiaLimited
Mumbai-400001	Mumbai-400051
ComuanvCode523708	SvmbolEIMCOELECO-SeriesEO

Sub: Outcome of Board Meeting held on 25th June, 2020

Dear Sir,

Pursuant to Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that in the Meeting held today i.e. zs" June, 2020, commenced at 12:00 noon and concluded at 1.: Lt0 p.m. and following are the outcome of the Board Meeting:

• The Board considered and approved the Audited Financial Results (Both Standalone & Consolidated) along with Auditors' Report for the Financial Year ended on 31st March, 2020 as per Regulation 33 of the SEBI(LODR) Regulations, 2015.
• The Board has recommended a dividend of ::;-0 % (Rs. '5"""/- per equity share) on 5768385 fully paid equity shares of Rs. 10/- each, for the year ended March 31, 2020.
• Re-appointment of Mrs. Manjuladevi P. Shroff (DIN: 00297159) as an Independent Director for second term offive (5) consecutive years w.eJ. 13th August, 2020.

The Board of Directors and its Nomination and Remuneration Committee while considering re-appointment of Mrs. Manjuladevi P. Shroff as an Independent Director, affirmed that she is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority.

The details as required under the SEBI (LODR) Regulations, 2015 are attached as Annexure A to this letter.

Please acknowledge and take it on record.

Thanking you,

Yours faithfully, For Ei"'}90 Elec:{lndia) Limited s-

Rikenrfu'mar Dalwadi Company Secretary & Compliance Officer

Enclosure: As above

Regd. Office & Works: .. EIMCO ELECON (INDIA) LTD., Anand Sojitra Road, Vallabh Vidyanagar - 388120. Gujarat, India. Tel. : (02692) 230502, 230602, 230902, Telefax: (02692) 236506 Website : www.eimcoelecon.inICIN : L29199GJ1974PLC002574

EIMCO ELECON

The details of Mrs. Manjuladevi P. Shroff are as under:

Sr.No.	Detailsofeventsthatneedtobeprovided	Informationofsuchevent(s)
1	Reasonforchangeviz.appointment,resignation,removal,deathorotherwise;	Re-appointmentofDirectorThereisnochangeinDirectorbutReappointmentofMrs.ManjuladeviP.ShroffasaNon-ExecutiveIndependentDirectorw.e.£.13th August,2020.
2	&Dateofappointment(asapplicable)termofappointment	There-appointmentforsecondtermoffive(5)consecutiveyearsw.e.£13thAugust,2020,subjecttoapprovalofthemembersbywayofspecialresolutioninensuinggeneralmeeting.
3	Briefprofile(incaseofappointment);	Mrs.ManjuladeviP.ShroffhadbeenappointedasanIndependentDirectorw.e.£.2ndFebruary,2015oftheCompany.SheisamemberofAuditCommitteeandCorporateSocialResponsibilityCommitteeoftheBoard.SheisPGfromYorkUniversityandExecutivealumnifromLondonSchoolofEconomics.SheisPGfromUtkalUniversityandisagraduateofManagementEducationProgrammeHM,Ahmedabad.
4	Disclosureofrelationshipsbetweendirectors(incaseofappointmentofadirector).	NorelationshipwithanyotherdirectorsontheBoardoftheCompany.

Regd. Office & Works: EIMCO ELECON (INDIA) LTD., Anand Sojitra Road, Vallabh Vidyanagar - 388120. Gujarat, India. Tel. : (02692) 230502, 230602, 230902, Telefax: (02692) 236506 Website: www.eimcoelecon.inICIN : L29199GJ1974PLC002574 TUVRheinland -A'"