Precision Camshafts Ltd - Board Meeting Outcome for Outcome Of Board Meeting

In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that, the Board of Directors of the Company at its meeting held today i.e. 10th August 2022 has, inter alia: 1. Approved the unaudited Standalone and Consolidated Financial Statements for the quarter ended 30th June 2022. The Financial Results and Limited Review Report issued by the Statutory Auditor are enclosed herewith as Annexure 1. 2. Appointed Mr. Ameet N. Dravid (DIN: 06806783), Additional Director designated as Independent Director of the Company a period of two years from 10th August 2022 to 9th August 2024 (both days inclusive) subject to the approval of shareholders at the ensuing Annual General Meeting. The brief details of his appointment and profile is attached herewith in Annexure - 2.