VIDEOCON INDUSTRIES LTD. - Intimation Of Confirmation On The Tenure Of Appointment Of Mr. Satish Motilal Totala As A Whole Time Executive Director Of Videocon Industries Limited & Occupier Of Company'S Factory At Aurangabad.

We refer to the provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015 and our letter dated October 08, 2020, and wish to inform your good office that Mr. Satish Motilal Totala (DIN: 08901288) was appointed as a Whole-Time Director of the Company for a period of 2 (Two) years & Occupier of the Factory of the Company situated at 14 K.M. Stone, Aurangabad-Paithan Road, Village Chittegaon, Tal.: Paithan, Dist.: Aurangabad - 431 105, with effect from October 05, 2020 in pursuance to the approval of the Committee of Creditors of the Company at its meeting held on September 02, 2020. As the Company is still undergoing the corporate insolvency resolution process ('CIRP'), the Company has decided to extend the tenure of his appointment as a whole-time director of the Company for a further period of one (1) year with effect from October 05, 2022, on the same terms and conditions. This extension continues to be subject to ongoing CIRP of the Company and its outcome.