KRBL Ltd. — Regulatory Filings 2021

Aug 13, 2021

E:KRBL/BIBHU/STK_EX_2122/30 13 August 2021

The General ManagerDepartment of Corporate ServicesBSE LimitedFloor 25, Phiroze Jeejeebhoy TowersDalal Street, Mumbai -400 001		National Stock Exchange of India Limited"Exchange Plaza", C-1, Block-GBandra-Kurla ComplexSandra (E), Mumbai-400051
Scrip Code:530813		Symbol: KRBL	Series: Eq.

Dear Sir/Madam,

Sub: Outcome of Board Meeting held on 13 August 2021

Pursuant to the provisions of Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter "SEBI Listing Regulations") and other applicable provisions, if any, please note that the Board of Directors of the Company at its meeting held today i.e. 13 August 2021, have inter- alia considered, approved and took on record the following matters:-

1. Approval of the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter (Q1) ended 30 June 2021:

Upon recommendation of the Audit Committee, the Board of Directors have approved the enclosed Unaudited Financial Results (Standalone & Consolidated) of KRBL Limited for the First Quarter (Q1) ended 30 June 2021.

Further as required pursuant to the provisions of Regulation 47 of SEBI Listing Regulations, the extract of Consolidated Unaudited Financial Results shall also be published in the newspapers.

2. Noting of the Limited Review Report of the Statutory Auditors on the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter (Q1) ended 30 June 2021:

The Board of Directors took note on the enclosed Limited Review Report of the Statutory Auditors on the Unaudited Financial Results (Standalone and Consolidated) of KRBL Limited for the First Quarter (Q1) ended 30 June 2021.

3. Consideration and took on record, the completion of tenure of Mr. Alok Sabharwal, Independent Non-Executive Director of the Company.

Since the tenure of Mr. Alok Sabharwal, the Independent Non-Executive Director, on the Board of KRBL Limited has completed on 10 August 2021 and he has also expressed his inability for being further re-appointed as an Independent Non-Executive Director for another term, due to personal reasons and other commitments, the same was considered, noted and took on record by the Board of Directors of the Company. The Board congratulated and recorded their appreciation for the assistance and guidance provided by Mr. Alok Sabharwal during his tenure.

The details as required pursuant to SEBI Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated 09 September 2015 is enclosed herewith. ~ ~

1. Took Note of the Resolution passed by Circulation on 04 August 2021, w.r.t. the Revision in Risk Management Policy and Reconstitution of Risk Management Committee of KRBL Limited:

:2:

The Board of Directors took note on the resolution dated 04 August 2021 passed by Circulation, where-in the Board has revised the Risk Management Policy and reconstituted the Risk Management Committee of KRBL Limited as required pursuant to the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021.

We further wish to inform you that the Board Meeting held on today commenced at 12:00 hours and concluded at ll-l ~ IS hours.

This is for your kind information and record.

Thanking you,

Yours faithfully, /?ted

Raman Sapra Company Secretary

Encl: As above

Details pursuant to SEBI Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated 09 September 2015, w.r.t Completion of tenure of Mr. Alok Sabharwal (DIN: 03342276), Independent-Non Executive Director of the Company

S. No.	Particular	Details
a.	Reason for Changeviz. appointmentresignation, removalor otherwise	At the Board Meeting held onAugust 2016, Mr. Alok11Sabharwal was appointed as an Additional Director under thecategory of Independent-NonExecutive for a periodof 5consecutive years effective from 11 August 2016, which wasfurther regularized by the Shareholders of the Company at theAnnual General Meeting, held on 26 September 2017.
		Mr. Alok Sabharwal has served as an Independent Director ofthe Company for 5 years and his current term has completed on10 August 2021. Though the Companies Act permits for theappointment for a second term of five years, however he hasexpressed his inability for being further re-appointed as anIndependent-Non Executive Director for another term, due topersonal reasons and other commitments. Accordingly, thetenure of Mr. Alok Sabharwal as Director of the Company shallcome to an end on 10 August 2021.
b.	Date of Appointment/Cessation	Mr.AlokSabharwalceasedtobeanIndependentNonExecutive Director of the Company with effect from closure ofbusiness hours on 10 August 2021.
c.	Brief Profile (In caseof appointment)	NA
d.	Disclosure ofrelationships betweenthe Directors (in caseof appointment)	NA

Corporate Office: C-32, 5th & 6th Floor, Sector-62, Noida-201301, Gautambudh Nagar, (U.P.), INDIA. Regd. Office: 5190, Lahori Gate, Delhi - 110 006, INDIA. Tel. : +91-11-23968328, Fax : +91-11-23968327, CIN No. LOI I l IDLl993PLC052845 Tel.: +91-120-4060300, Fax: +91- 120-4060398. E-mail: mails@krblindia.com. Visit us at: www.krblrice.com WORLD'S LARGEST RICE MILLERS & BASMATI RICE EXPORTERS