Tilaknagar Industries Ltd — Board/Management Information 2021

Jul 28, 2021

CIN: L15420PN1933PLC133303

Registered Office: P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra-413 720 Corporate Office: 3rd Floor, Industrial Assurance Building, Churchgate, Mumbai, Maharashtra-400 020 Email: investor@tilind.com, Website: www.tilind.com, Phone: +91 22 22831716/18, Fax: +91 22 22046904

Ref: TI/SE/COMP/21-22 July 28, 2021

BSE Limited,	National Stock Exchange of India Ltd.,
The Corporate Relationship Dept,	Exchange Plaza,
1st Floor, Phiroze Jeejeebhoy Towers,	Bandra - Kurla Complex,
Dalal Street,Mumbai – 400 001.	Bandra (East), Mumbai - 400 051.
Scrip Code: 507205	Scrip Code: TI

Dear Sir/s

Sub.: Outcome of the Circular Resolutions passed by the Board of Directors

In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we would like to inform that the Board of Directors through circular resolutions passed on July 28, 2021 has approved the following proposals:

A. Re-appointment of Independent Woman Director:

The Board of Directors on recommendation of the Nomination and Remuneration Committee has approved the re-appointment of Ms. Aparna Praveen Chaturvedi (DIN: 00028647) as an Independent Woman Director for a second term of five consecutive years with effect from July 31, 2021 upto July 30, 2026, subject to approval of the Shareholders of the Company.

Ms. Aparna Praveen Chaturvedi is not debarred from holding the office of a Director by virtue of any SEBI order or any other authority. Further, the additional details as required under the Listing Regulations are enclosed at Annexure –A.

B. Allotment of upto 9,39,254 equity shares pursuant to ESOP Scheme

The Board has also approved an allotment of 9,39,254 equity shares having face value of Rs. 10/- each to employees of the Company pursuant to exercise by such employees to the vested options granted to them under ESOP Scheme 2010 and ESOP Scheme 2012. Post aforesaid allotment, the paid-up capital of the Company is Rs. 1,40,27,76,090 divided into 14,02,77,609 equity shares of face value Rs.10/- each.

The said equity shares allotted shall rank pari-passu in all aspects with the existing equity shares of the Company and be listed on the National Stock Exchange of India Limited and BSE Limited.

Kindly take the same on your record.

Thanking you.

Yours faithfully, For Tilaknagar Industries Ltd. SHEKHAR RAMJEET SINGH Digitally signed by SHEKHAR RAMJEET SINGH DN: c=IN, o=Personal, pseudonym=9d802484a61891f05a34f8312e2d51f1f0b5d1bb3ca1c 6d5ff5afa050170df88, postalCode=400066, st=MAHARASHTRA, serialNumber=b35a0382a16a37158fe5f7b1555932b62916fd1d5ef 81cb365dd31088c8a8a5c, cn=SHEKHAR RAMJEET SINGH Date: 2021.07.28 11:25:12 +05'30'

Shekhar R Singh Company Secretary Encl.: as above

Additional details as required under the Listing Regulations

RE-APPOINTMENT OF MS. APARNA PRAVEEN CHATURVEDI (DIN: 00028647) AS AN INDEPENDENT WOMAN DIRECTOR

Sr.No.	Details required	Particulars
1	Reason for change	Re-appointment as an Independent Woman Directoron completion of the first term.
2	Dateandtermofappointment/cessation	Re-appointment as an Independent Woman Directorfor a second term of five consecutive years with effectfrom July 31, 2021 upto July 30, 2026, subject toapproval of the Shareholders of the Company.
3	Brief profile	She is having industry experience of more than 35years with Financial Institutions viz. UTI AMC Ltd.(MutualFund),ASREC(AssetReconstructionCompany) and PICUP (State Financial Corporation).Shehasbeenmemberofvariouscommitteesconstituted by Ministry of Finance, Association ofARCs, etc. She is having vast experience in fundmanagement (domestic and offshore funds), raisingoffshore funds, resolution & reconstruction of nonperforming and stressed assets, project appraisal &financing, credit rating, private equity investments,corporate insolvency, equity research, marketing ofmutual fund products and sales resources training etc.
4	Disclosureofrelationshipsbetween Directors	Ms. Aparna Praveen Chaturvedi is not related to anyof the Directors / Promoters/ KMPs of the Company.