Esab India Ltd. — AGM Information 2024

Aug 8, 2024

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ESAB/SE/2024

8[th] August 2024

To National Stock Exchange of India Limited Exchange Plaza Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai 400 051 Scrip Code: ESABINDIA	BSE Limited P J Towers Dalal Street, Mumbai 400 023 Scrip Code: 500133

Dear Sir,

Sub: Proceedings of 37th Annual General Meeting held on 8[th] August 2024 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 37[th] Annual General Meeting (AGM) of the Members of ESAB India Limited (‘the Company’) was held on Thursday, 8[th] August 2024 at 3:30 PM (IST) through Video Conference (VC) / Other Audio- Visual Means (OAVM).

The Meeting commenced at 3:30 PM and concluded at 4:10 PM.

Brief Proceedings of the AGM as per Regulation 30 read with Schedule III Para A of 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 GANESHSIN GANESHSINGH BALAJI GH BALAJI Date: 2024.08.08 18:26:43 +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 37[th] Annual General Meeting of the members of ESAB India Limited

The 37[th] Annual General Meeting of the Company was convened at 3:30 PM IST on Thursday, the 8[th] day of August 2024 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 5, 2024 (9:00 AM) to August 7, 2024 (5:00 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 59 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 2023-24. 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 Audited Financial Statements of the Company for the Financial year ended 31[st] March 2024 together with the Reports of Directors and the Auditors thereon.

2. To declare a final dividend of Rs. 30 per equity share of Rs. 10 each i.e., 300%

3. To appoint a director in place of Mr. B Mohan, having Director Identification Number 00261434, who retires by rotation and is eligible for re-appointment.

4. To appoint M/s. Deloitte Haskins & Sells, Chartered Accountants, Chennai as the Statutory Auditors of the Company to hold office for a period of 5 (Five) years from the conclusion of the 37th Annual General Meeting of the Company until the conclusion of the 42nd Annual General Meeting of the Company and to authorise the Board of Directors of the Company to fix their remuneration.

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Website: www.esabindia.com

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, Chennai – 600 058

CIN: L29299TN1987PLC058738

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Special Business:

1. Ratification of remuneration payable to Cost Auditor for the financial year 2024-25.

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

3. To approve material transactions with EWAC Alloys Limited, India, 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 37[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 10[th] August 2024.

For ESAB India Limited

Digitally signed by GANESHSIN GANESHSINGH BALAJI GH BALAJI Date: 2024.08.08 18:27:03 +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