Pradeep Metals Ltd. — Board/Management Information 2023

May 10, 2023

==> picture [246 x 85] intentionally omitted <==

10[th] May, 2023

The Secretary BSE Limited P J Towers, Dalal Street, Mumbai- 400 001.

Dear Sir,

Sub: Outcome of Board Meeting dated 10[th] May, 2023:

Scrip Code: 513532

This is in continuation to our letter dated 03[rd] May, 2023 and pursuant to Regulation 30, 33 and other applicable regulations, ifany, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ListingRegulations).

We wish to state that the Board of Directors of the Company in its Meeting, held today, has interalia decided as follows:

Approval of Audited Financials Results:

• Approval of the Audited Financial Results of the Company on Standalone and Consolidated basis for the quarter/year ended 31[st ] March, 2023 along with Auditors' Reports thereon with unmodified opinions.

Recommendation of Final Dividend:

• Recommendation of Final Dividend of 10% i.e. Re 1/- per Equity Share of Rs. 10/- each for the Financial Year ended 31[st] March, 2023.

Re-appointment of Directors:

Subject to approval of Members in the forthcoming AGM:

• Re-appointment of Dr. Kewal Krishan Nohria, (DIN: 00060015) who retires by rotation, and who has attained Seventy-Five years of age, but being eligible, offers himself for re-appointment.

• Re-appointment of Ms. Nandita Nagpal Vohra, (DIN: 06962408) as Independent Director (Non-Executive) for a second term of five years w.e.f. 28[th] December, 2023.

• Re-appointment of Mr. Pradeep Goyal, (DIN: 00008370) as Chairman & Managing Director of Company for a period of three years w.e.f. 17[th] December, 2023.

==> picture [451 x 42] intentionally omitted <==

==> picture [246 x 85] intentionally omitted <==

Appointment of Director:

• Mr. Advait Kurlekar (DIN: 00808669) has been appointed as an Additional Director (Non-Executive and Independent) on the Board of Company w.e.f. 10[th] May, 2023, who shall hold office upto the date of ensuing 40[th] Annual General Meeting of the Company.

Additional details pursuant to Regulation 30 and other relevant provisions of the SEBI Listing Regulations is Enclosed

Fixing date of 40[th] Annual General Meeting of Board:

• The 40[th] Annual General Meeting of the Company shall be held on Friday, 4[th] August, 2023

A copy of the said results, notes thereto and Auditors Report and Cash Flow Statement is enclosed for your records.

The Meeting of the Audit Committee/Board of Directors of the Company commenced at 5:00 p.m. and concluded at ____ p.m.

Please take the above information on record.

For Pradeep Metals Limited

==> picture [64 x 47] intentionally omitted <==

==> picture [70 x 64] intentionally omitted <==

Abhishek Joshi Company Secretary & Compliance Officer ACS: 64446

Encl: as above

==> picture [451 x 42] intentionally omitted <==

==> picture [245 x 85] intentionally omitted <==

Additional Details as required under Regulation 30 of Listing Regulations read with SEBI CircularNo.CIR/CFD/CMD/4/2015 dated 9th September, 2015

Sr. No.	Particulars	Dr. Kewal Krishan Nohria	Ms. Nandita Nagpal Vohra	Mr. Pradeep Goyal	Mr. Advait Kurlekar
1.	Reason for change viz., appointment, resignation, removal, death or otherwise	Re-appointment of Dr. Kewal Krishan Nohria, (DIN: 00060015) who retires by rotation, and who has attained Seventy-Five years of age, but being eligible, offers himself for reappointment, subject to the approval of Shareholders in the ensuing 40thAnnual General Meeting.	Re-appointment of Ms. Nandita Nagpal Vohra (DIN: 06962408) as an Independent Director of the Company for a second term of five years from 28th December, 2023 upto 27th December, 2028, subject to the approval of Shareholders in the ensuing 40th Annual General Meeting.	Re-appointment of Mr. Pradeep Goyal, (DIN: 00008370) as Chairman & Managing Director of Company for a period of three years w.e.f. 17thDecember, 2023, subject to the approval of Shareholders in the ensuing 40thAnnual General Meeting.	Mr. Advait Kurlekar (DIN: 00808669) has been appointed as an Additional Director (Non-Executive and Independent) on the Board of Company w.e.f. 10thMay, 2023, who shall hold office upto the date of ensuing 40th Annual General Meeting of the Company
2.	Date of appointment & terms of appointment
3.	Brief Profile	Dr. Nohria is a successful technocrat with B.E. (Elect.) from Banaras Hindu University, and pursued post-graduation and Management studies at Manchester Technical College, UK. He was the Chairman & Managing Director of Crompton Greaves Ltd. He has over 50 years experience in the Electrical and Electronics Industry.	Ms. Nandita Nagpal Vohra is a Commerce Graduate (Hons.) from MCM DAV College, Chandigarh. She has done Masters of Business Administration from FMS, Delhi (1995). During her professional career of last 24 years, she has been associated with entities such as Asian Development Bank, The World Bank, L&T Infrastructure Finance Company Ltd., Feedback Ventures Pvt. Ltd., Kotak Mahindra Capital Companyand	Mr. Goyal is a metallurgist from IIT, Kanpur with a Masters degree in Material Science & Engineering from M.I.T., Cambridge, USA. He acquired advanced training in heat treatment techniques, design, manufacture and commissioning of furnaces at Degussa International, West Germany. With this diverse experience in metallurgy and marketing, Mr. Goyal founded Pradeep Metals Limited in 1983 in Mumbai, India.	Mr. Advait has nearly 30 years of experience in industry, management consulting and coaching, having worked in leading organisations like Tata Motors, AF Ferguson and PWC prior to starting Upohan Management Consultants in 2009. Mr. Advait has expertise in the areas of business strategy, balanced scorecard and HR consultingand has

==> picture [451 x 41] intentionally omitted <==

==> picture [245 x 85] intentionally omitted <==

			CRISIL.	Presently, he oversees business srategy, innovation, global marketing and internal policies for the company.	led consulting projects across the range of sectors including BFSI, engineering, automotive, retail pharma, FMCG, hospitality, media and advertising.
4.	of Disclosure relationship between directors	Dr. Kewal Krishan Nohria is not related to any of the Directors of the Company.	Ms. Nandita Nagpal Vohra is not related to any of the Directors of the Company.	Mr. Pradeep Goyal is husband of Mrs. Neeru Goyal, and Father of Mr. Abhinav Goyal, both Directors of Company.	Mr. Advait Kurlekar is not related to any of the Directors of the Company.
5.	Information as required underCircular No. LIST/COMP/14/2018- 19 dated June 20, 2018	Dr. Kewal Krishan Nohria is not debarred from holding office of a Director by virtue of any SEBI Order or any other such authority.	Ms. Nandita Nagpal Vohra is not debarred from holding office of a Director by virtue of any SEBI Order or any other such authority.	Mr. Pradeep Goyal is not debarred from holding office of a Director by virtue of any SEBI Order or any other such authority.	Mr. Advait Kurlekar is not debarred from holding office of a Director by virtue of any SEBI Order or any other such authority.

==> picture [451 x 41] intentionally omitted <==