Voltas Ltd. — Board/Management Information 2021

Aug 29, 2021

28th August, 2021

BSE Limited Department of Corporate Services I st Floor, Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 00 I

National Stock Exchange of India Limited Listing Department Exchange Plaza Bandra-Kurla Complex Bandra (East), Mumbai 400 051

Dear Sir,

Sub: Re-appointment of Mr. Arun Kumar Adhikari as an Independent Director

This is to inform that at the 67th Annual General Meeting of the Company held on 27th August, 2021, the shareholders have approved the re-appointment of Mr. Arun Kumar Adhikari (DIN: 00591057) as an Independent Director of the Company, for a second term of five years commencing from 8th June, 2022 to 7th June, 2027. The details of his re-appointment as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIRlCFD/CMD/4/20 15 dated 9th September, 2015 are given in enclosed Annexure.

Thanking you,

Yours faithfully,

. VOLTAS LIMITED

(Y. P. ~ MALHOTRA) Vice President - Taxation Legal & Company Secretary

Ene.

VOLTAS LIMITED

Corporate Managml!'nt Offic:e Reglstered Offk. Voltas House 'A' Dr &bauheb Ambec!ur Road ChlnchpokJi Mumbai 400 033 India 1eI912266656251 66656258 Fax912266656311 m"ilvpmalhotrvoltas.com ~bsitewww,voltM.com Corporat@ldentltyNumberU930SMH19S4PL(009171

A TATA Enterprise

Annexure

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CfRlCFDI CMD/4/2015 dated 9th September, 2015:

Sr.No.	Particulars	Details
I .	Reason for change viz.appointment, resigRatieA,femayal, Eleatll afatAefwise	At the 67th Annual General Meeting held on 27th August,of2021,theshareholderstheCompanyhavere-appointedMr.ArunKumarAdhikari(DIN:00591057) as Independent Director of the Company, notliable to retirement by rotation, for a second term of 5years commencing with effect from 8"June, 2022 to7" June, 2027.
2.	Date of AppointmentTerm of Appointment	Re-appointment as an Independent Director of theCompany, not liable to retirement by rotation, for secondterm of 5 years commencing with effect from 8th June,2022 to 7'" June, 2027.
3.	Brief Profile	Mr. Arun Kumar Adhikari, graduated with B. Tech(Chemical Engineering) from the Indian Institute ofTechnology, Kanpur in 1975 and did his MBA fromIndian Institute of Management, Kolkata in 1977. Heattended the Advanced Management Program at TheWharton School, University of Pennsylvania, USA in1997.
		Mr. Arun Kumar Adhikari joined Hindustan UnileverLimited (HUL) as a Management Trainee in 1977 andwas with Unilever Group, working in rndia and overseasin series of increasingly senior roles across Sales,Marketing and Consumer Research till he retired in2014. He was appointed as Executive Director forPersonal Care of HUL in 2000 and thereafter, in 2004 asManaging Director for Home and Personal Care andjoined the Board of HUL. In 2006, he was appointed asChairman of Unilever Japan KK and based in Tokyo for3 years, with additional responsibilities of Unileveroperations in Korea. In 2009, Mr. Arun Kumar Adhikaribecame Senior Vice President for Unilever Laundrycategory across Asia and Africa, based in Singapore andwas a Director of Unilever Asia Pte. Limited, Singapore.Post retirement from HUL in 2014, Mr. Arun KumarAdhikari worked with McKinsey & Company as aSenior Advisor from May 2014 for 4 years, supportingthe Consumer Practice and working with their clients onMarketing and Sales strategy related areas.

Re-appointment of Mr. Arun Kumar Adhikari as an Independent Director

VOLTAS LIMITED 1

Corporale Management Oftke

Registered OffKI! Volt.\s House 'A' Dr BAbasaheb Ambedka, Road ChlnchpokJl Mutnbal400 033 India Tttl91 226665625 1 66656258 Fax 91 2266656311 e -mail vpmalhotr..-voltas,com ~bsit. www,yoltU,(Om Corporate IdMlIty Number 119308MHl 9S4PLC009171

A TATA Enterprise

		Further, he is an Independent Director of UltraTechCement Limited, Aditya Birla Capital Limited, AdityaBirla Sun Life Insurance Company Limited, VodafoneIdea Limited and Aditya Fashion and Retail Limited. Heis also a Director of Voltbek Home Appliances PrivateLimited. Mr. Arun Kumar Adhikari was appointed as anIndependent Director on Voltas Board for a term of fiveconsecutive years with effect from 8th June, 2017 up to7th June, 2022.
4.	Disclosure of relationshipsbetween Directors	Mr. Arun Kumar Adhikari is not related to any Directorof the Company.
5.	Information as requiredpursuant to BSE CircularNo. LlST/COMPIl412018-19 dated 20.6.2018and Circular of NationalStock Exchange ofindiaLimited No. NSE/CMLI2018/24 dated 20.6.2018	Mr. Arun Kumar Adhikari is not debarred from holdingoffice of the Director by virtue of any order passed bySEBI or any other such authority.

. VOLTAS LIMITED

(Y. P ~ . MALHOTRA) Vice President - Taxation Legal & Company Secretary

2

VOLTAS LIMITED

Corporali:'! ManagMlent Office ReglnHed Office Vollas House 'A' 0, Babasaheb Ambedk.ar Road Chlndlpokll Mumbai 400 033 IndIa Tel 91 22 66656251 666S6258 Fn 91 2266656311 e·maUvpmalholra(tvolta.s.com website wwW.voltM.com Corporate Identity Numbe, 129308MH19S4PLC009371

A TATA Enterprise