TVS Srichakra Ltd. — Board/Management Information 2024

Feb 13, 2024

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REF:TSL:SEC:2024/42

13[th] February 2024

National Stock Exchange of India Ltd., 5th Floor, Exchange Plaza Bandra (E), Mumbai - 400 051

BSE Limited P J Towers Dalal Street, Fort, Mumbai 400 001

Scrip Code: TVSSRICHAK by NEAPS

Scrip Code: 509243 by Listing Centre

Dear Sir / Madam,

Sub : Appointment of Non-Executive Independent Directors

Ref : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)

This is to inform that the board of directors of the Company at their meeting held today (Tuesday, 13[th] February, 2024) based on the recommendation of the Nomination and Remuneration Committee, have taken the following decisions:

• Appointed Mr. Ashok Srinivasan (DIN: 06539656) as Additional Director in the category of Non-executive Independent Director of the company for a period of 5 (Five) years effective from 13[th] February 2024.

• Appointed Mr. Piyush Jinendrakumar Munot (DIN: 00119507) as Additional Director in the category of Non-executive Independent Director of the company for a period of 5 (Five) years effective from 13[th] February 2024.

The appointments are subject to the approval of the shareholders and the company will seek approval through postal ballot with remote e voting facility.

The details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13[th] July 2023 are furnished in Annexure 1.

This is for your information and record.

Thanking you

Yours faithfully For TVS SRICHAKRA LIMITED

SIGN

Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724

TVS Srichakra Limited

CIN: L25111TN1982PLC009414

Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001.

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Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - Secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300

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Annexure 1

Sr. No.	Particulars	Details about Mr. Ashok Srinivasan	Details about Mr. Piyush Jinendrakumar Munot
1	Reason for change viz. appointment	Mr. Ashok Srinivasan is appointed as Additional Director in the category of Non-Executive Independent Director.	Mr. Piyush Jinendrakumar Munot is appointed as Additional Director in the category of Non-Executive Independent Director.
2	Date of appointment & term of appointment;	13thFebruary 2024. Mr. Ashok Srinivasan shall hold office as an Additional Director in the category of Non- executive Independent Director of the company for a period of 5 (Five) years (1stTerm) effective from 13thFebruary 2024.	13th February 2024. Mr. Piyush Jinendrakumar Munot shall hold office as an Additional Director in the category of Non- executive Independent Director of the company for a period of 5 (Five) years (1st Term) effective from 13th February 2024.
3	Brief profile	Annexure 2	Annexure 2
4	Disclosure of relationships between directors	Mr. Ashok Srinivasan is not related to any Director of the Company.	Mr. Piyush Jinendrakumar Munot is not related to any Director of the Company.
5	Information as required pursuant to BSE Circular with ref. no. LIST/COMP/14/2018-19 and the National Stock Exchange of India Limited Circular with ref. no. NSE/CML/2018/ 24, both dated 20th June 2018	Mr. Ashok Srinivasan is not debarred from holding the office of Director of the Company by virtue of any SEBI Order or any other authority.	Mr. Piyush Jinendrakumar Munot is not debarred from holding the office of Director of the Company by virtue of any SEBI Order or any other authority.

TVS Srichakra Limited

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CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - Secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300

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Annexure 2

Brief profile of Mr. Ashok Srinivasan

Mr. Ashok Srinivasan holds a Bachelor of Arts in Economics from the University of Michigan where he was a James B. Angell and CIGNA Merit Scholar. He also holds a Master's in Business Administration from the University of Virginia, where he was a recipient of the faculty award for academic excellence, awarded to the top 10 percent of each graduating class. He is an experienced and accomplished investment and finance professional, with over 20 years of global expertise. Currently, he manages family offices in Singapore and India.

Brief profile of Mr. Piyush Jinendrakumar Munot

Mr. Piyush Jinendrakumar Munot is a Mechanical Engineer, holding both Bachelor’s and Master’s degrees from the University of Applied Sciences Konstanz, Germany. He currently serves as the Managing Director of Varsha Forgings and holds the position of CEO & Director of KCTR Varsha Automotive. He is a respected member of the Young Presidents Organisation (YPO Pune) since 2015. Within the Auto Component Manufacturing Association of India (ACMA), he has been elected a member of the Executive Committee from 20142023. He previously held the office of Co-Chairman of the Western Region.

TVS Srichakra Limited

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CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - Secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300