Indag Rubber Ltd. — Board/Management Information 2021

May 8, 2021

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May 08, 2021

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001

(Company code-1321) (Scrip code-509162)

Subject: Outcome of Board Meeting

Dear Sir,

Pursuant to Regulation 30(6), 33 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors, in their meeting held on May 08, 2021 (started at IST 19:00 hours), had considered below:

1. Approved Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2021.

2. Recommended a final dividend of Rs. 1.50/- per equity share of Rs. 2/- each for the financial year 2020-2021.

3. Appointed Mr. Vijay Shrinivas as Additional Director with effect from June 1, 2021.

4. Appointed Mr. Vijay Shrinivas as Whole time Director (Key Managerial Personnel designated as Chief Executive Officer) with effect from June 1, 2021 for a period of 3 years, subject to approval of members.

Mr. Vijay Shrinivas, aged 50 years, has done Masters in International Business from Institute of Foreign Trade, New Delhi and Mechanical Engineering from DTE, Tamil Nadu. He has been working with the company as Chief Commercial Officer since April 27, 2018. He is not related to any other director of the Company.

1. Approved reconstitution of Stakeholders’ Relationship Committee and Corporate Social Responsibility Committee of the Board by inducting Mr. Vijay Shrinivas, Whole time Director (Key Managerial Personnel designated as Chief Executive Officer) as a Member w.e.f. June 1, 2021.

2. Appointed Mr. Vijay Shrinivas as Occupier of the factory situated at Nalagarh, Himachal Pradesh w.e.f. June 1, 2021.

The meeting closed at IST 20:30 hours. This is for your information and records please.

Yours faithfully, For Indag Rubber Limited

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Company Secretary