Sudarshan Annual General Meeting Awards Presentation

Pigment Business: Shift towards Specialty to continue Specialty Revenue Cr +9% 1,383 1,204 1,109 1,005 +4% 1,435 Non-Specialty Revenue Cr +8% 637 549 471 481 +1% 644 Mix % 68% 70% 69% 68% 69% 32% 30% 31% 32% 31% FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Focus on growing our Specialty pigments portfolio will shift revenue mix favourably. Revenue includes Revenue from Operations and Other operating income of Pigment business 19 SUDARSHAN

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