Esab India Ltd. — AGM Information 2023

Aug 10, 2023

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ESAB/BSE/2023

10[th] August 2023

ToNational Stock Exchange of India LimitedExchange PlazaPlot No. C/1, G BlockBandra-Kurla Complex, Bandra (E)Mumbai 400 051Scrip Code: ESABINDIA	Bombay Stock Exchange LimitedP J TowersDalal Towers,Mumbai 400 023 Scrip Code: 500133

Dear Sir,

Sub: Proceedings of 36th Annual General Meeting held on 10[th] August 2023 of ESAB India Limited

Pursuant to the provisions of Regulation 30 read with Schedule III Para A of Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the 36[th] Annual General Meeting (AGM) of the Members of ESAB India Limited (‘the Company’) was held on Thursday, 10[th] August 2023 at 3:30 PM (IST) through Video Conference (VC) / Other Audio- Visual Means (OAVM).

The Meeting commenced at 3:30 PM and concluded at 4.25 PM.

Brief Proceedings of the AGM as per Regulation 30 read with Schedule III, Para A, Part A, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is provided in Annexure 1.

Kindly note that the voting results will be announced upon the receipt of Scrutinizer’s Report and will be submitted as per Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kindly take this on record.

Thanking you,

Yours truly,

For ESAB India Limited

Digitally signed by GANESHSINGH BALAJI DN: c=IN, o=ESAB INDIA LIMITED, ou=LEGAL AND SECRETARIAL, GANESHSIN pseudonym=0b3f7cbb1ff3b73b762a8bc3650071fc, 2.5.4.20=6AE2A04032BEBF83A5A5E665CE55A3C311AE 43AC853D661EA7B2A0B59DB253ED, postalCode=600058, st=TAMIL NADU, serialNumber=a6232ab33d48868a0c768675942a3bf59 GH BALAJI 51849dd245dbca29cb3237c9429320d, cn=GANESHSINGH BALAJI Date: 2023.08.10 16:56:15 +05'30' G. Balaji Company Secretary

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Company : Telephone : ESAB INDIA LIMITED 91-(0)44 – 42281100 Plot No.13, 3rd Main Road, Fax : Industrial Estate, Ambattur, 91-(0)44 – 42281150 Chennai – 600 058

Website: www.esabindia.com

Registered Office : ESAB INDIA LIMITED Plot No.13, 3rd Main Road, Industrial Estate, Ambattur, Chennai – 600 058

CIN: L29299TN1987PLC058738

Annexure - 1

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Summary of the proceedings of the 36[th] Annual General Meeting of the members of ESAB India Limited

The 36[th] Annual General Meeting of the Company was convened at 3:30 PM IST on Thursday, the 10[th] day of August 2023 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Mr. G Balaji, Company Secretary welcomed the members of the company and introduced the panelist to the members of the Company on behalf of the Chairman. He further informed that the facility to cast votes through remote e-voting was made available to the Members from August 7, 2023 (9 AM) to August 9, 2023 (5 PM) and e-voting during the AGM to those members who did not cast their votes through remote e-voting.

Mr. Kevin Johnson, Chairman of the Board, chaired the proceedings of the Meeting.

The quorum being present, the Chairman called the meeting in order. There were 63 Members present through VC, including Corporate Holders and the necessary quorum was present throughout the Meeting.

Chairman welcomed the Members and provided operational highlights of the Company for the Financial Year 2022-23. With the consent of the shareholders, the Notice convening the Meeting was taken as read. Thereafter, Chairman put forth the following items as set out in the AGM Notice as below:

Ordinary Business:

1. To consider and adopt the Balance Sheet as at 31 March 2023 and the Statement of Profit and Loss Account for the Financial year ended on that date together with the Reports of Directors and the Auditors thereon.

2. To declare a final dividend of Rs. 20 each for the financial year ended 31 March 2023.

3. To appoint a director in place of Mr. Rohit Gambhir having Director Identification Number 06686250, who retires by rotation and is eligible for re-appointment.

Special Business:

1. Ratification of Remuneration to Cost Auditor.

2. Re-appointment of Mr. Rohit Gambhir (DIN: 06686250) as Managing Director of the Company for a term of five years with effect from 1[st] November 2023.

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Company : Telephone : ESAB INDIA LIMITED 91-(0)44 – 42281100 Plot No.13, 3rd Main Road, Fax : Industrial Estate, Ambattur, 91-(0)44 – 42281150 Chennai – 600 058

Registered Office : ESAB INDIA LIMITED Plot No.13, 3rd Main Road, Industrial Estate, Ambattur,

Website: www.esabindia.com

CIN: L29299TN1987PLC058738

Chennai – 600 058

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1. Appointment of Mr. B Mohan (DIN: 00261434) as Director of the Company for a term of five years with effect from 20[th] June 2023.

2. To approve material transactions with ESAB Europe Gmbh, Switzerland, Related Party.

3. To approve material transactions with EWAC Alloys Limited, Related Party.

With the permission of the Chairman, the queries received from the shareholders in advance and the queries raised in the Q&A panel during the AGM were addressed by Mr. Rohit Gambhir, Managing Director and Mr. B Mohan, Director & CFO.

All the items of business as referred above have been transacted at the 36[th] AGM of ESAB India Limited.

The Chairman informed the members that the voting results along with Scrutinizer’s report would be filed with the Stock Exchanges on or before 12[th] August 2023.

For ESAB India Limited

Digitally signed by GANESHSINGH BALAJI DN: c=IN, o=ESAB INDIA LIMITED, ou=LEGAL GANESHSI AND SECRETARIAL, pseudonym=0b3f7cbb1ff3b73b762a8bc3650 071fc, 2.5.4.20=6AE2A04032BEBF83A5A5E665CE55A NGH 3C311AE43AC853D661EA7B2A0B59DB253ED, postalCode=600058, st=TAMIL NADU, serialNumber=a6232ab33d48868a0c7686759 42a3bf5951849dd245dbca29cb3237c9429320 BALAJI d, cn=GANESHSINGH BALAJI Date: 2023.08.10 16:58:13 +05'30' G. Balaji Company Secretary

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Telephone : 91-(0)44 – 42281100 Fax : 91-(0)44 – 42281150

Website: www.esabindia.com CIN: L29299TN1987PLC058738

Company : ESAB INDIA LIMITED Plot No.13, 3rd Main Road, Industrial Estate, Ambattur, Chennai – 600 058

Registered Office : ESAB INDIA LIMITED Plot No.13, 3rd Main Road, Industrial Estate, Ambattur, Chennai – 600 058