Pricol Limited — Board/Management Information 2019

May 30, 2019

PR/COL LIMITED Passion to Excel

109, Race Course, Coimbatore 641018, India

t. +91 422 4336000 lfii +91 422 4336299 ~city@prico l.co.in e pricol.com

CIN:L34200TZ2011PLC022194

PL/ SEC /TGT /2019-20 / 54 Thursday, 30th May, 2019

• CUSTOMERS • EMPLOYEES A SHAREHOLDERS A SUPPLIERS

The Manager Listing Department	Corporate Relationship Department
National Stock Exchange of.India Limited	BSE Limited
"Exchange Plaza', C-1, Block G	1st Floor, New Trading Ring
Bandra-Kurla Complex,	Rotunda Building, P J Towers,
Bandra (E), Mumbai -400051	Dalal Street, Fort, Mumbai 400 001
Script Code: PRICOLLTD	Script Code: 540293

Dear Sir,

• Sub: 1) Outcome of Board Meeting held on 30th May 2019
  • 1. Compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulation

We would like to inform you that the following are the outcome of the meeting of Board of Directors of the Company at their meeting held today, 30th May, 2019 :

1. Audited Results for the Quarter & Year 31st March 2019 - Postponement

As informed vide our letter no: PL/SEC/TGT/2019-20/48 dated 28th May 2019, Due to the delay in receipt of audited accounts from the foreign subsidiaries, the . preparation of audited Financial results for the quarter and year ended 31st March 2019 will take some more time and hence the Board postponed the subjects related to consideration of audited financial results for the year ended 31st March 2019 (Standalone & Consolidated) and Annual General Meeting - 2019 to the 53rd Board Meeting scheduled to be held on Saturday, 15th June 2019.

2. Re-appointment of Directors

The Board recommended to the shareholders for their approval through the postal ballot for the re-appointment of following independent directors for the second term, whose tenure ends on 31st July 20 19. The profile of the Directors is annexed to this letter.

• a) Mr.Suresh Jagannathan
• b) Mr.R.Vidhyashankar

Contd .. 2

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3. Retirement of Director

Mr.G. Soundararajan, Independent Dir ector whose tenure ends on 31st July 2019 h as not opted for r e-appointment for the s econd t erm due to his other unavoidable commitments and pre-occupations. The board took note of the s ame.

4. Postal Ballot / E-voting & Cut-off date

Approved the notice of postal ballot / e-voting in respect of the r e-appointment of Independent Directors namely Mr.Suresh Jagannathan & Mr.R.Vidhya Shankar. The cut-off date for the said Postal Ballot is fixed as Friday, 7th June 2019

The Board Meeting concluded at 3.30 pm.

This is for your information and records.

Thanking you

Yours faithfully, _ For Pricol Limite"'d

T.G.Thamizhanban Company Secretary ICSI M.No: F7897

Encl: Profile of Directors

Passion to Excel

Annexure

Mr.Suresh Jagannathan

S.no	Particulars	Details
a	ResumeBriefofDirector	Mr.Suresh Jagannathan,Bachelors Degree in Management Science from USAis a leading Industrialist and Managing Director of	62 years of age,holds
		Kovilpatti Lakshmi Roller Flour Mills Limited . He is
		also a director in Elgi Rubber Company Limited,
		Mckinnon India Private Limited, Eltex Precision Dies
		and Tools Private Limited, Cape Flour Mills Private
		Limited, Cape Power Private Limited and Chempaka
		General Finance Private Limited.
b	Expertise	39 years of expertise in Food, Textile and EngineeringIndustries
C	RelationshipbetweenDirectors	He is not related to any directors
d	Directorship 1nother	Kovilpatti Lakshmi Roller Flour Mills Limited1.
	Listed entities	2. Elgi Rubber Company Limited
e	Committee
	membership in otherListed entity	Kovilpatti Lakshmi Roller Flour Mills Limited
		Stakeholders RelationshipCommittee	Member
		Corporate Social Responsibility
		Committee
		Elgi Rubber Company Limited
		Audi Committee
		andNominationRemuneration
		Committee	Member
		CorporateSocialResponsibilityCommittee
f	theShareholding1n	He holds 26,985 shares of Pricol Limited.
	company

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PR/COL LIMITED Passion to Excel

2

Mr .R.Vidhyashankar

S.no	Particulars	Details
a	Brief Resume of Director	Mr.R Vidhya Shankar, 49 years of age, BachelorandCommerceBachelorfromofof.LawBharathiyar University, Coimbatore. He is a GoldMedalist and holds the record for a very rare firstclass in Law from the said University.He is aPartner of M/S.Ramani & Shankar, one of theoldest Law Firms in Sou th India and rankedamongst the top 10 law firms by Business Wordin the year 2011. He serves as an IndependentDirector in the Board of L.G.Balakrishnan &Brothers Limited
b	Expertise	He specializes in Corporate Law, including inCorporate Transactions, Corporate restructuring,andSchemesArrangements,CorporateandInternationallitigations,DomesticArbitrations, Capital Market, FEMA compliances,Cross-border transaction and general corporateadvisory services. Several of the litigations wherehe has been the Counsel on record, are landmarkdecisions reported in leading Corporate Journals.He is a sought after speaker on various corporateissuesandsemmarsregularlyaddressesorganized by Chambers of Commerce, ICAI, ICSIetc.
C	RelationshipbetweenDirectors	He is not related to any directors
d	otherDirectorshipmListed entities	L. G .Balakrishnan & Brothers Limited
e	Committee membership inother Listed entity	Member of Investor Grievances Committee ofL. G .Balakrishnan & Brothers Limited
f	theShareholdingmcompany	He does not hold any shares of the Company.

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