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Investor Presentaiton

MRP 1. Factories Act, 1948; 2. Labour laws and other incidental laws related to labour and employees appointed by the Company including those on contractual basis as relating to wages, gratuity, prevention of sexual harassment, dispute resolution, welfare, provident fund, insurance, compensation etc.; Industries (Development & Regulation) Act, 1951; Special Resolutions were passed by Postal Ballot by voting through electronic means on 31st March 2023 for appointment of the following Independent Directors: Sl.No DIN Name of the Director Designation 1. 00174675 Mr. Arun Vasu Independent Director 2. 01799153 Mr. Vikram Chesetty Independent Director 3. 00385082 Mr. Prasad Oommen Independent Director 3. 4. The Rubber Act, 1947 & Rubber Rules, 1955; 5. Acts and Rules relating to consumer protection; 6. 7. 8. 9. 10. 11. Acts and Rules prescribed under prevention and control of pollution; Acts and Rules relating to environmental protection and energy conservation; Acts and Rules relating to hazardous substances and chemicals; Acts and Rules relating to electricity, fire, petroleum, motor vehicles, explosives, boilers etc.; Acts and Rules relating to protection of IPR; Acts and Rules relating to the industry to which this Company belongs; 12. Other local laws as applicable to various plants and offices. I further report that - The Board of Directors of the Company is duly constituted with proper balance of Executive Directors, Non-Executive Directors, Independent Directors and Women Directors in compliance with Rules and provisions of the Companies Act, 2013, the regulations and directives of Securities Exchange Board of India (SEBI). Special Resolutions were passed by Postal Ballot by voting through electronic means on 21st December 2022 for appointment of the following Independent Directors: Sl. No. DIN 1. Name of the Director Designation Independent Director Adequate notice was given to all directors on schedule of the Board Meetings, agenda and detailed notes on agenda were sent at least seven days in advance, and a system exists for seeking and obtaining further information and clarification on the agenda items before the meeting and for meaningful participation at the meeting. All decisions carried are duly recorded in the minutes of the Meeting. The Competition Commission of India ("CCI") had on 2nd February, 2022 released its order dated 31st August, 2018, imposing penalty on certain Tyre Manufacturers including the Company and also the Automotive Tyre Manufacturers' Association, concerning the breach of the provisions of the Competition Act 2002, during the year 2011-12. A penalty of *622.09 Crores was imposed on the Company. The appeal filed by the company before National Company Law Appellate Tribunal (NCLAT) has been disposed of by remanding the matter to CCI for review after hearing the parties. In February 2023, CCI has filed an appeal against the order of NCLAT before Hon'ble Supreme Court and the same is pending disposal. I further report that there are adequate systems and processes in the Company commensurate with the size and operations of the Company to monitor and ensure compliance with applicable laws, rules, regulations and guidelines. 09757469 Mr Vikram Taranath Hosangady 2. 00141701 Mr Ramesh Rangarajan Independent Director 3. 00238735 Mr Dinshaw Keku Parakh Independent Director Place: Chennai Date: 03rd May, 2023 K ELANGOVAN Company Secretary in Practice FCS No.1808, CP No. 3552, P R No. 892/2020 UDIN: F001808E000217463 29
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