INDSIL HYDRO POWER AND MANGANESE LTD. - Board Meeting Outcome for Outcome Of The Board Meeting Held On 5Th July 2024

We wish to inform you that the Board of Directors of the Company at its meeting held today, i.e., Friday, July 5, 2024, inter-alia, pursuant to the recommendation of the Nomination and Remuneration Committee, has recommended the appointment of Sri. Narasimhan R (DIN: 10690176) as an Independent Director of the Company for a period of five (5) years with effect from September 8, 2024, subject to the approval of the shareholders through Postal Ballot. Further, the Board of Directors of the Company in the said meeting have also approved the proposal for conducting of a Postal Ballot to obtain the approval of the shareholders of the Company for the appointment of Sri. Vinod Narsiman (DIN: 00035746) and Sri. Narasimhan R (DIN: 10690176) as the Directors of the Company. The Postal Ballot Notice will be intimated to the Stock Exchange in due course.