V.S.T.Tillers Tractors Ltd. — Board/Management Information 2021

Feb 9, 2021

==> picture [53 x 54] intentionally omitted <==

Ref: SEC/SE/2021

February 9, 2021

The General Manager - Listing, National Stock Exchange of India Ltd, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra ( E ), MUMBAI - 400 051

The Manager Listing, BSEe Ltd Floor 25, P.J. Towers, Dalal Street, MUMBAI - 400 001

Dear Sirs,

Sub: Outcome of Board Meeting

This is to inform you that the Board of Directors of the Company, at its meeting held today, has approved the followings:

1. Retirement of Managing Director:

Mr.V P Mahendra was reappointed as Vice Chairman & Managing Director for two years effective from 20[th ] February 2019. Mr.V P Mahendra will retire from post of Managing Director on 19[th ] February 2021 and effective from 20[th ] February 2021 he will continue as Non-Executive Director & Vice Chairman of the Company.

Mr.V P Mahendra was appointed as Managing Director of the company in the year 1989 and as continued in the post of MD ever since. The Board recorded his valuable contribution during his tenure as Managing Director of the Company.

2. Appointment of Managing Director:

The Board appointed Mr. V T Ravindra as Managing Director of the Company with effect from 20[th ] February 2021. The term of appointment of Mr. V T Ravindra as the Managing Director is effective from 20[th ] February 2021 to 31[st ] March 2024.

We request you take this on record.

Thank you,

Yours truly, for V.S.T Tillers Tr�i;:�ors Ltd, f Oi't�!r Chin'tti KhatuJ' Company Secreta:t'ii \;\: ;, Encl: Annexure - A•:<

==> picture [390 x 28] intentionally omitted <==

\'\'T>lf,\KTI

Regd. Office: Plot No.1, Dyavasandra lndl. Layout, Whitefield Road, Bengaluru - 560048, Karnataka, India. Phone: 91-80-67141111, Toll Free:18004190136, E-mail: vstgen@vsttillers.com, www.vsttillers.com

GIN: L34i 01KA1967PLC001706 CZ) http://bit.lyNSTVideos O /vstti!lers (fO /company/vst -tillers

VTTUG/V102 PJ04" 18

ANNEXURE A

Change in Designation of Mr. V P Mahendra

Change in Designation of Mr. V P Mahendra	Change in Designation of Mr. V P Mahendra	Change in Designation of Mr. V P Mahendra	Change in Designation of Mr. V P Mahendra
Sr Details of events that need to Information of such events No be provided a. Reason for change Mr. V P Mahendra (DIN: 00033270)will continue as Non-Executive Director & Vice Chairman of the Company with effect from 20thFebruary 2021 upon his retirement from the office of the Managing Director of the Company with effect from the close of business hours on 19thFebruary 2021. b. Terms of appointment Mr. V P Mahendra will continue as the Non- Executive Director & Vice Chairman of the Company on such terms and conditions as decided by the Board.
		Mr. V P Mahendra (DIN: 00033270)will continue as Non-Executive Director & Vice Chairman of the Company with effect from 20thFebruary 2021 upon his retirement from the office of the Managing Director of the Company with effect from the close of business hours on 19thFebruary 2021.
			Mr. V P Mahendra will continue as the Non- Executive Director & Vice Chairman of the Company on such terms and conditions as decided by the Board.
C.	Brief profile Qualification: B.E Electrical Expertise: Vast Experience in Management and Business Administration.
d. Disclosure of relationships Mr.V.K.Surendra between directors (PromoterMr.VV.Pravindra Directors) Mr.V.T.Ravindra Mr.V S Arun
e. Information as required pursuant Mr. V P Mahendrais not debarred from
to BSE Circular with ref. No. holding the office of Director by virtue of LIST/COMP/14/2018-19 and the anySEBI order orany other such National Stock Exchange of India authority. with ref. No. NSE/CML/2018/24, dated 20th June 2018

==> picture [74 x 24] intentionally omitted <==

Appointment of Mr. VT Ravindra as Managing Director

Sr	Details of events that	Details of events that	need to	Information of such events
No	be orovided
a.	Reason for change			Mr.V TRavindra(DIN:00396156)is
				appointedasManagingDirector of the
				Company with effect from 20thFebruary
				2021.
b.	Terms of appointment
				Mr. VT Ravindra is appointed as Managing
				Directorof theCompany foraperiod
				commencing from 20thFebruary 2021 to
				3ptMarch2024onsuchtermsand
				conditions asdecided bythe Board,
				subject to shareholders approval.
c.	Brief profile			Qualification: Graduate, PGDM. Expertise: Having about 25 years'
				experience in Automobile Industries and
				Business Administration.
				He was appointed as Executive Director
				of the Company on 11 thMay 2018.
d.	Disclosure of	relationships		Mr.V.K.Surendra
	between directors		(Promoter	Mr.V P.Mahendra
	Directors)			Mr.VV.Pravindra
				Mr.V S Arun
e.	Information as required		pursuant	Mr. V T Ravindra is not debarred from
	to BSE Circular with ref.		No.	holding the office of Director by virtue of
	LIST/COMP/14/2018-19		and the	any SEBI order or any othersuch
	National Stock Exchange of India			authority.
	with ref. No. NSE/CML/2018/24,
	dated 20th June 2018

==> picture [61 x 21] intentionally omitted <==