STANDARD BATTERIES LTD. - Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 For Quarter And Year Ended March 31, 2024

We are pleased to inform the Stock Exchange that the Board of Directors at their Meeting held today, i.e. 30th May, 2024, commenced at 05.00 p.m. and concluded at 05.30 p.m. at the office Four Mangoe Lane, Kolkata - 700001 transacted the following business inter alia: - Approved and adopted Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2024 under Indian AS (statement) as recommended by the Audit Committee. Copy of the said financial results and Auditors' Report are enclosed herewith. - The Board of Directors also on recommendation of Nomination and Remuneration Committee, recommend to the Shareholders re-appointment of Mr. Pradip Bhar (DIN: 01039198), who is retiring by rotation, re-appointment of Mr. Gaurang Shashikant Ajmera (DIN: 00798218) as Independent Director for second term for 5 (Five years) by way of Special Resolution