ELECTROTHERM (INDIA) LTD. - Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th January 2023

This is to inform you that the Board of Directors ('Board') of the Company at their meeting held on 30th January, 2023, inter alia approved the following: 1. Re-appointment of Mr. Shailesh Bhandari (DIN : 00058866) as a Managing Director for a further period of 3 (three) years with effect from 1st February 2023 and concluding on 31st January 2026, subject to approval of members in General Meeting / Postal Ballot. The brief profile of Mr. Shailesh Bhandari (DIN: 00058866) is attached as Annexure - A.