18th March, 2019

BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers Dalai Street Mumbai 400 001

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

Dear Sir,

Re:Press Release

We are enclosing herewith for your information, copy of the Press Release titled 'Voltas introduces, industry's first, Adjustable Inverter AC range, with the unique value proposition of Flexible Air Conditioning', which is being released for publication.

Thanking you,

Yours faithfully,

VOLTAS LIMITED

(V. P. MALHOTRA) Vice President - Taxation, Legal & Company Secretary

Enc.

VOLTAS LIMITED

Corporate Management Office Registered Office Voltas House'A' Dr Babasaheb Ambedkar Road Chinchpokli Mumbai 400 033 Tel 91 22 66656251 66656258 Fax 91 22 66656311 e-mail [email protected] website www.voltas.com Corporate Identity Number L29308MH1954PLC009371

A TATA Enterprise

VOLTA S

VOLTAS introduces, industry's first, Adjustable Inverter AC range, with the unique value proposition of Flexible Air Conditioning

Augments its Product Portfolio, with the introduction of its 2019 range of Cooling Products
)- Strengthens its range of Voltas Beko Home Appliances
Strengthens its offerings in Air Coolers & Commercial Refrigeration Products

Mumbai, March 18, 2019: Voltas, India's undisputed leader in Cooling Products, and the No. 1 AC brand, from the house of the Tata's, has further strengthened its leadership position in the Cooling Products space, by launching its new range of Voltas Adjustable Inverter ACs.

Launching the new range of Air Conditioners, Mr. Pradeep Bakshi, Managing Director & CEO, Voltas Limited said, "Having already built a strong equity in the savings and comfort space, we want to take our product offerings to the next level of convenience. Our new range of Adjustable Inverter ACs, compliments the consumer's need for convenience, along with savings. With this launch, we have further enhanced the technology quotient in our products, to exceed customer expectations."

Voltas' Adjustable Inverter AC comes with the unique value proposition of 'Flexible Air Conditioning' that allows the user to switch from 1.5 Ton to 1 Ton capacity, and vice versa, depending on the ambient heat or number of people in the room; leading to savings and optimization of running cost.

The overall Voltas 2019 AC product range includes over 100 SKUs, with 39 SKUs in Inverter ACs, 26 in Split ACs and 32 in Window ACs, besides Cassette and Tower ACs

Voltas' new range of ACs are also coupled with unique & exciting promotional offers for consumers, this summer:

• Lifetime Inverter Compressor Warranty'
• 5 Year Comprehensive Warranty
• Attractive Cashback through credit cards
• 0% Consumer Finance through NBFCs

The Company has also launched 39 new SKUs of its Voltas Fresh Air Coolers with Smart Humidity Controller, under various sub-categories such as Personal, Window, Tower

1 Lifetime warranty is restricted to the life ofthe product whichis 10yearsas per the E-WasteRules

Key Features of Voltas Adjustable Inverter ACs:

• Adjustable Mode: Intelligent switching from 1.5 ton usage to 1 ton usage, basis ambient heating and number of people in the room
• CO2 Reduction: Provides cleaner air by reducing levels of CO2
• PM 2.5 Filtration: Maintains indoor air quality by providing dust-free air
• Eco- friendly Refrigerant: Green refrigerant, which is environment friendly
• Stabilizer Free Operation: Protects the AC from wider range voltage fluctuations
• High Ambient Cooling: Keeps user comfortable even at 52 degree celsius

Key Features of Voltas Fresh Air Coolers:

• Smart Humidity Controller: optimizes the humidity in the air
• Turbo Air Throw: Large fan size delivers powerful air throw to cool large spaces.
• Triple Filter Advantage: Helps to remove dust particles, microorganisms and other hazardous particles
• Anti-bacterial tank: Reduces bacteria formation in the tank and limits algae growth
• Honeycomb Cooling pads: More durable, and provides uniform cooling without letting dirt and sediment deposit.

VOLTAS LIMITED

VOLTA S

and Desert Air Coolers. The Company also strengthened its overall portfolio by introducing 43 SKUs of Commercial Refrigeration products, including Convertible Freezer, Freezer on Wheel and Curved Glass Freezer. The Company has launched 25 SKUs of Water Dispensers and 22 new SKUs of Water Coolers.

Through its new Home Appliances brand, Voltas Beko, the Company has launched 31 SKUs of Refrigerators including a bottom mounted refrigerator series, and a new handle design, with new floral pattern. Voltas Beko launched 5 SKUs of Front Load Washing Machines with AutoDose Technology, 12 SKUs of Top Load Washing Machines with Dual Power Rain feature and 9 SKUs of Semi-Automatic Washing Machines, with Toughened Glass and Soft Fall features. The brand also launched 3 SKUs of Dishwashers and 9 SKUs of Convection Microwaves.

Key Features of Voltas Beko Home Appliances:

Refrigerators:

• StoreFresh+ Technology: up to 30 days2 freshness of fruits & vegetables.
• Neofrost Dual Cooling Technology, maintains same temperature right from top to bottom of the crisper, ensuring no mixing of odors between compartments.
• Active Fresh Blue Light Technology, simulates natural lighting conditions, keeps food fresh.

Washing Machine:

• Stain Expert function: helps remove 26 types of Indian stains.
• Hygiene+: 99.9% anti-allergic wash for your sensitive skin.
• Auto Dosing feature: determines exact liquid detergent amount & fabric softener
• Air Therapy: helps avoid humidity and prevents creasing
• Dual Power Rain: tackles stubborn stain

About Voltas Limited: In addition to its Unitary Cooling Products business (which includes Air Conditioners, Air Coolers and Commercial Refrigeration products), Voltas is a premier Engineering Solutions provider and Projects specialist. Founded in India in 1954, Voltas offers smart engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning (HVAC), refrigeration, electro-mechanical projects, textile machinery, mining and construction equipment, water management & treatment, cold chain solutions, building management systems, electrification and indoor air quality. Voltas Limited is one of the top 10 companies within the Tata Group. It has also recently launched its range of Voltas Beko Home Appliances, through its new JV in India, in equal partnership with Arcelik of Turkey.

Issued by:

Ms. Asawari Sathaye Ms. Richa Seth Corporate Communications & Investor Relations, Voltas Account Director, Adfactors PR Tel: 022-66656280/1 Mobile: 9930143531

2 Subject to certain conditions

AI assistant

Voltas Ltd. Regulatory Filings 2019