Kolte-Patil Developers Ltd — Board/Management Information 2021

May 31, 2021

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To, The Assistant Manager, National Stock Exchange of India Limited BSE Limited Listing Department, 'Exchange Plaza', Bandra Kurla Complex, Bandra (East), Mumbai - ⁴⁰⁰⁰⁵¹

To, The General Manager, Corporate Relationship Department, 1'r floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - ⁴⁰⁰⁰⁰¹

Date: 31 Mav 2021

Sub: Outcome of Board Meeting held on 31 |tay 202,1

Ref: NSE Symbol and Series: KOLTEPATIL and EQ BSE Code and Scrip Code: 9624 and 532924

Dear Sir/Madam,

The Board of Directors of the Company in their meeting held on Monday, 3'l May 2021 has considered and approved the following: -

• 1. Appointment of Mr. Nirmal Kolte as Executive Director with effect from 31 May 2021, subject to the approval of shareholders in the ensuing 30th Annual General Meeting;
• 1. Change in Designation of Mr. Yashvardhan Patil from Non-Executive Director to Executive Director with effect from 31 May 2021, subject to the approval of shareholders in the ensuing 30th Annual General Meeting;
• 1. Appointment of Mr. K. N. Swaminathan as Chief Financial Officer with effect from ³¹ May 2021 . The profile is attached as Annexure B;
• 1. Resignation of Mrs. Sunita Kolte as Director (Non-Executive) with immediate effect;
• 1. The audited Financial Results (standalone and consolidated) for the quarter and year ended 3'l March 2021;
• 1. Re-appointment of Mr. Milind Kolte- Executive Director, retiring by rotation, subject to the approval of shareholders in the ensuing 30th Annual General Meeting;
• 1. Re-appointment of Mr. Umesh Joshi Independent Director for a period of Five (5) years, approval of shareholders in the ensuing 30b Annual General Meeting;
• 1. "Kolte-Patil Developers Limited Employee Stock Option Scheme 2021", subject to the approval of shareholders in the ensuing 30th Annual General Meeting;

KOLTE-PATI L DEVETOPERS LTD.

CIN : L452OOPN1991 PLC12942a

Ptne Rctd Off : 2nd Floor Citv Point. Dhole Patil Road, Pune-411 001. N4aharashlra, India Tel.: +91 20 6622 65i:/i- Fax : +91 20 6622 ⁶⁵¹¹ Bangafore0f:l2l,TheEstateBuilding, loth floor, DickeDson Road. Bangalore - 560042 . lnd ia lel: 80 . 4662 4444 1 2224 3133 t 2224 2803 web : wwvkolreparil.com 9. Constitution of Risk Management Committee and Policy on Risk Management;

The profile of Directors seeking appointment/re-appointment is attached as Annexure A.

The Meeting of Board of Directors was commenced at 11.30 AM and concluded at $O1.15PM$

This is for your information and record.

Thanking you.

For Kolte-Patil Developers Limited

Vinod Patil Company Secretary and Compliance Officer Membership No. A13258

Encl: As above

Annexure A

Th.e Profile of Director seekinq appointmenure-appointment. as required in terms of Requlation 36 (31 of SEBI (Listinq Oblioations and Disclosure Requirements) Reoulations. 2015

Particulars	Mr. Nirmal Kolte	Mr, Yashvardhan Patil	Mr. Milind Kolte	tllr. Umesh Joshi
Designation	Executive Director	Executive Director	Executive Director	Indeoendent Director
Director ldentification Number (DlN)	05159986	06898270	00170760	02557162
Term of appointment	Five (5) years, which is subject to the approval of members in ensuing 30th Annuel General Meeting	Five (5) years, which is subject to the approval of members in ensuing 30rh Annual General Meeting	He is liable to retire by rotation under Section 152(6) of the Companies Act, 2013 and being eligible for re appointment, subject to the approval of members in ensuing 30rh Annual General Meetino	Re-appointment for Five (5) years, which is subject to the approval of members in ensuing 30rh Annual General Meeting
Age (in years)	.,.	30	ou	69
Qualification	Bachelors tn Construction Management from the University of Melbourne, Australia and Master in Management from Lancaster University, UK.	Graduation from University of Exeter, UK.	B. Com, LL.B	M. Tech. (Structures)
Expertise in specific functional	Business Development, operations, procurement, Liasoning and planning of construction activitv.	Business development, design and development, planning and setting up new businesses, strategies, technology, digitalization	Legal matters, operatons, procurement, Liasoning and planning of construction activity.	Structural designs and consultancy
No. of Equity Shares held of Rs. 10 each	NIL	NIL	64,42,156	10,000
Relationships with other Directors of the Companv	Son of Mr. Milind Kotte - Executive Director	Son of Mr. Rajesh Patil - Chairman and Managing Director	Father of Mr. Nlrmal Kolte - Executive Director	NIL

Mr. Nirmal Kolte is not Declaration Mr. Yashvardhan Patil is Mr. Milind Kolte is not Mr. Umesh Joshi is debarred or not debarred or debarred or disqualified not debarred or disqualified from being disqualified from being from being re-appointed disqualified from appointed as director appointed as director by as director by the being re-appointed by the Board/Ministry the Board/Ministry of Board/Ministry of as director by the of Corporate Affairs or Corporate Affairs or any Board/Ministry of Corporate Atfairs or any any such statutory such siatutory authority. such statutory authority. Corporate Affairs or authority. any such statutory authority.

Annexure B: Profile of Chief Financial Officer

Particulars	Mr. K N Swaminathan
Designation	Chief Financial Officer
Date of appointment	31 May 2021
Age (in years)	CJ
Qualification	B.Com (Honours) and Chartered Accountant
Expertise in specific functional areas	K N Swaminathan is a finance leader with more than 32 of exoerience across diverse industries (in listed Indian companies and large corporations) and multiple geographies. He has been proficient at financiat accounting, budgeting and planning, MlS, treasury & banking operations, audit, taxation, business and commercial operations, processes and control aspects, risk management, lT and compliances. Prior to the currenl assignment, K N Swaminathan has worked with Lodha Group as Executive VP for 8 years. He has also served as VP - Corporate Accounts with Reliance Communications Ltd for 4 years and as Vice President with Reliance Telecom Limited for about 11 years. K N Swaminathan is a qualified Chartered Accountant and is
	Bachelor of Commerce (Honours) from Calcutta Universitv.

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