KIOCL Limited — Board/Management Information 2021

Jul 1, 2021

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No. S/BC/1 (18-5)/2021/281

July 1, 2021

National Stock Exchange of India Limited Scrip Code: KIOCL Through: NEAPS BSE Limited Scrip Code: 540680, Scrip Name: KIOCL Through: BSE Listing Centre Metropolitan Stock Exchange of India Limited Scrip Code: KIOCL Through: mylisting

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 - Relinquishment of charge of CMD, KIOCL by Shri M. V. Subba Rao & Assumption of Addl. Charge of CMD, KIOCL by Shri S. K. Gorai, Director (Finance)

In pursuance to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform that Shri M. V. Subba Rao (DIN: 06495576) ceased to be the Chairman-cum-Managing Director of the Company w.e.f. the close of business hours of 30[th] June, 2021 on account of his retirement from the Company on attaining the age of superannuation.

Further, we hereby inform that, Ministry of Steel vide its F. No. 5/1/2020-BLA dated 30/06/2021 has assigned the Additional Charge of the post of Chairman-cum-Managing Director, KIOCL Limited to Shri S.K. Gorai (DIN: 07223221), Director (Finance), KIOCL Limited, w.e.f. 01.07.2021 for a period of three months or till the joining of a regular incumbent or until further orders, whichever is the earliest.

Brief Profile of Shri S.K. Gorai is as under:

Shri S.K. Gorai is a Chartered Accountant and holds PGDBM (Finance & Strategy) from MDI, Gurgaon. He has 33 years of diversified, multi-cultural, multi-country, multi-industry, inter functional experience in eleven large CPSU / Private / MNC Companies. His multi-functional exposure includes Finance & Accounts, Human Resource, Information Technology, Law and Board affairs.

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His expertise is particularly deep in Project Appraisal, Project Financing, Cost Estimation and Project Controlling, Fund raising and management, Taxation in MNC / large Companies both in private as well as public sectors.

Shri Gorai has exposure in the areas of Fund Raising, Financial Analysis, Budgeting, Fund Management, Procurements, Bid Evaluation & Price Negotiation of EPC/ LSTK projects, Contract Management, ERP Implementation, Human Resource Management and Information Technology. During his professional career spanning over three decades, he has held various leadership positions such as Group General Manager (F & A) in Telecommunications Consultants India Limited (TCIL), General Manager (Commercial) in Foster Wheeler India Limited, General Manager (F & A) in Kazstroy services Infrastructure India Private Limited etc. Prior to joining the Company on 11[th] November 2016, he held the position of Director in TCIL Bina Toll Road Limited and TCIL Lakhnadone Toll Road Ltd.

This is for your information and records.

Thanking you,

Yours faithfully, For KIOCL Limited , (P.K. Mishra)

Company Secretary & Compliance Officer

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