GHCL Ltd. — Board/Management Information 2023

Jul 2, 2023

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July 2, 2023 आषाढ़ – शुक्ल प�- चतुदर्शी २०८० �वक्रम सम्वत

National Stock Exchange of India Limite d

BSE Limited

Limite d Corporate Relationship Department, “Exchange Plaza” 1[st] Floor, New Trading Ring, Rotunda Building, P.J. Bandra – Kurla Complex, Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Fort, Mumbai – 400 001 NSE Code: GHCL BSE Code: 500171

Dear Sir/Madam,

Press Release - Resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited not approved by its Shareholders

Subject: Disclosure of Material Event I Information under Regulation 30 of SEBI (LODR) Regulations, 2015

We would like to inform that resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited not approved by its Shareholders.

In this regard, please find enclosed herewith copy of the Press Release issued by the Company for your reference and record.

Please note that copy of this intimation is also available on the website of BSE Limited (www.bseindia.com/corporates), National Stock Exchange of India Limited (www.nseindia.com/corporates) and website of the Company (www.ghcl.co.in ).

You are requested to kindly take note of the same.

Thanking you

Yours truly

For GHCL Limited

Bhuwneshwa Digitally signed by Bhuwneshwar Prasad r Prasad Mishra Date: 2023.07.02 Mishra 17:41:15 +05'30' Bhuwneshwar Mishra VP - Sustainability & Company Secretary (Membership No.: FCS 5330)

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Press Release:

Resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited not approved by its Shareholders

Delhi, July 01, 2023:

This year the resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited, on a rotational basis, was presented in the 40th Annual General Meeting on the 1[st] of July 2023. In the democratic process which requires the resolution to obtain a minimum of 75% votes cast during the AGM in its favor, the resolution was able to secure 67.73% of votes. Thus the said resolution was not approved by the shareholders with the requisite majority.

As a professional company that is committed to the highest levels of governance, GHCL will respect and abide by the decision of its shareholders. An intimation for the same has been sent to the National Stock exchange and the Bombay Stock Exchange as per the statutory requirements.

Mr. Sanjay Dalmia, who has been a Director on the Board of GHCL since its inception in 1983 and was appointed as the Chairman of the Board in January 2005. His guidance and acumen has been instrumental in the company’s growth and success through a span of four decades. However in the last Board meeting which was held on April 29, 2023, he had expressed his desire to retire from the board due to his age and pursue his philanthropic interests. But, was compelled to accept the proposal of his reappointment due to the insistence of the Board members.

http://ghcl.co.in/

For more information, please contact:

GHCL Fortuna PR Deepika Abrol Soumya Shree Ph: +91 9910882494 Ph: +91 9650970108 Email : Deepikaabrol@ghcl.co.in Email:soumya@fortunapr.com