Subros Ltd. — Annual Report 2022

May 25, 2022

SL/BSE/NSE/2022-23 May 24, ²⁰²²

The Manager, Dy. General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd., BSE LIMITED, 'Exchange Plaza' C-1 , Block G, First Floor, P.J. Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai-400 051. Mumbai - 400001, Security ID: SUBROS Security ID: ⁵¹⁷¹⁶⁸

Dear Sir/Madam,

• Sub: Outcome of Board Meeting
• Ref: Regulation 30, Regulation 42 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵

Pursuant to applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the following:

• (1) Audited financial results for the quarter and year ended 31st March, 2022, duly approved by the Board of Directors in the Meeting held on 24 May, 2022 along with the unmodified results declaration. The same will be available on the Company's website at www.subros.com (Annexure-A);
• (2) Auditors Report for audited financial results for the financial year ended 31s March, 2022. (Annexure B);
• (3) The Board has recommended a dividend of Rs. 0.70 (35 %) per equity share of Rs, 2/- each for the year ended 31%! March, 2022. The dividend is subject to approval of shareholders at the ensuing Annual General Meeting of the Company.
• (4) The ensuing Annual General Meeting of the Company is scheduled to be held on Friday, the 5" August, 2022 at 11.00 A.M. through Video Conferencing ("VC") / Other Audio Visual Means ('OAVM'),
• (5) The register of Members will remain closed from 30" July, 2022 to 5 August, 2022. (both days inclusive).
• (6) Resignation of Company Secretary & Compliance Officer (KMP) Upon getting superannuated, Mr. Rakesh Arora, Company Secretary & Compliance Officer (KMP) has tendered a notice of resignation from the position of Company Secretary & Compliance Officer (KMP) effective from the close of business hours on 31% May, 2022. Further, Mr. Arora will continue to provide his services to the Company in the position of Sr. General Manager (Corporate Affairs), (Annexure-C);
• (7) Appointment of Company Secretary & Compliance Officer (KMP) Mr. Shiv Ram Singh, has been appointed as Company Secretary & Compliance Officer with effect from June 1, 2022. (Annexure-D);
• (8) Re-appointment_of Statutory Auditors M/s Price Waterhouse Chartered Accountants LLP, Chartered Accountants has been appointed for a second term of five (5) years i.e. from the conclusion of the 37" Annual

yeupros umire

Corporate & Registered Office: LGF, World Trade Centre, Barakhamba Lane, New Delhi 110001 (India). Tel: 23414946-49 | Fax: 01123414945

Noida Office: B - 188, Phase - |, Noida 201304, Distt: Gautam Budh Nagar (U.P.) Tel: +91 1202562226, 2460135 | Fax: +91 120 2562783 Website: www.subros.com | CIN: L7489°DL1985PLC020134

General Meeting upto the conclusion of 42° Annual General Meeting subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company, (Annexure-E)

(9) Presentation to be shared with the analysts/institutional investors in respect of the above said audited financial results for the quarter and year ended 31 March, 2022. (Annexure-F);

The Board Meeting commenced at 11.30 a.m. and concluded at 2.30 p.m.

Kindly take the same on your record.

Thanking you,

aithfully, BROS LIMITED

Rakesh Arora Company Secretary

SUBROS LIMITED Corporate & Registered Office: LGF, World Trade Centre, Barakhamba Lane, New Delhi 110001 (India). Tel: 23414946-49 | Fax: 0112341494!

Noida Office: B - 188, Phase - ||, Noida 201304, Distt: Gautam Budh Nagar (U.P.) Tel: +91 1202562226, 2440135 | Fax: +91 120 2562783 Website: www.subros.com | CIN: L74899DL1985PLC020134

Annexure-C

	Details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given below:
	Annexure-C
' Reason for Change: iki	Resignation as Company Secretary & Compliance Officer (KMP)
	Effective from the close of business hours on 31s! May, 2022
Date of Resignation:
	Annexure-D
Reason for Change: oii	Appointed as Company Secretary & Compliance Officer (KMP)

Annexure-D

	Details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
	read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given below:
	Annexure-C
' Reason for Change: iki	Resignation as Company Secretary & Compliance Officer (KMP)
Date of Resignation:	Effective from the close of business hours on 31s! May, 2022
	Annexure-D
Reason for Change: oii	Appointed as Company Secretary & Compliance Officer (KMP)
Date of Appointment and term of 15 June, 2022 Appointment:
Brief Profile:	Mr. Shiv Ram Singh a qualified Company Secretary has been associated with Subros Ltd for the past 2 years as Head -Corporate Affairs.
	Mr. Shiv Ram Singh has an experience of more than 19 years in the area of Corporate Affairs, Secretarial and Legal functions and has worked with listed companies.
	Annexure-E
Reason for Change: ?	Re-appointment of M/s Price Waterhouse Chartered Accountants LLP as Statutory Auditor of the Company in accordance with relevant provisions of Section 139 and 142 of the Companies Act, 2013 read with relevant rules made thereunder.
of Appointment:	Date of Re-Appointment and term For a second term of five (5) years commencing from the conclusion of the 37% AGM (2022), until the conclusion of 42"¢ AGM (2027), subject to approval of the shareholders at the ensuing 37 AGM.

Annexure-E

' Reason for Change: iki	Resignation as Company Secretary & Compliance Officer (KMP)
Date of Resignation:	Effective from the close of business hours on 31s! May, 2022
	Annexure-D
Reason for Change: oii	Appointed as Company Secretary & Compliance Officer (KMP)
Date of Appointment and term of 15 June, 2022 Appointment:
Brief Profile:	Mr. Shiv Ram Singh a qualified Company Secretary has been associated with Subros Ltd for the past 2 years as Head -Corporate Affairs.
	Mr. Shiv Ram Singh has an experience of more than 19 years in the area of Corporate Affairs, Secretarial and Legal functions and has worked with listed companies.
	Annexure-E
Reason for Change: ?	Re-appointment of M/s Price Waterhouse Chartered Accountants LLP as Statutory Auditor of the Company in accordance with relevant provisions of Section 139 and 142 of the Companies Act, 2013 read with relevant rules made thereunder.
of Appointment:	Date of Re-Appointment and term For a second term of five (5) years commencing from the conclusion of the 37% AGM (2022), until the conclusion of 42"¢ AGM (2027), subject to approval of the shareholders at the ensuing 37 AGM.
Brief Profile:	Ms Price Waterhouse Chartered Accountants LLP (Firm Registration No. 012754N/N500016) is a member firm of the PW India Network of Firms and is registered with the Institute of Chartered Accountants of India. PwC is more than 100 years old in India and have offices in around 8 cities. The registered office is at Sucheta Bhawan, 11A Vishnu Digambar Marg, New a Delhi 110002.

SUBROS LIMITED

Corporate & Registered Office: LGF, World Trade Centre, Barakhamba Lane, New Delhi 110001 (India). Tel: 23414946-49 | Fax: 0112341494.