Voltas Ltd. — Capital/Financing Update 2023

Apr 26, 2023

26[th] April, 2023

BSE Limited cc: National Stock Exchange of India Limited Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 500575 NSE Symbol: VOLTAS

Dear Sir,

Sub: Board Meeting for consideration of Annual Accounts

and recommendation of Dividend for the year 2022-23

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We take reference to our letter dated 14[th] April, 2023 on the above subject and wish to inform that the Board of Directors of the Company have at its Meeting held today, approved the audited Accounts (Stand-alone and Consolidated) for the year 2022-23.

1. SRBC & Co. LLP, the Statutory Auditors of the Company have issued their Audit Reports with unmodified opinion on the Audited financial results (Stand-alone and Consolidated) for the year ended 31[st] March, 2023. This declaration is made pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2. The Directors have recommended Dividend of Rs.4.25 per share on face value of Re.1 per share (425%) for the year 2022-23 which shall be subject to approval of shareholders at the ensuing 69[th] Annual General Meeting of the Company. The Meeting of the Board of Directors commenced at 12.00 noon and concluded at 6.15 p.m.

3. Pursuant to Regulation 33 of the Listing Regulations, we send enclosed the following:

• (i) Audited Standalone Financial Results of the Company for the quarter and year ended 31[st] March, 2023 along with Auditors Report thereon.

• (ii) Audited Consolidated Financial Results of the Company for the quarter and year ended 31[st] March, 2023 along with Auditors Report thereon.

• (iii) Press Release on Consolidated Financial Results for the quarter/year ended 31[st] March, 2023.

1. The aforesaid Financial Results, including Segment Reporting and Statement of Assets and Liabilities (Stand-alone and Consolidated) would be uploaded on Company’s website www.voltas.com.

Thanking you,

Yours faithfully, VOLTAS LIMITED VARUN Digitally signed by VARUN PRAKASH PRAKASH MALHOTRA MALHOTRA Date: 2023.04.26 18:29:40 +05'30' V. P. Malhotra Head - Taxation,

Legal & Company Secretary Encl: