Coromandel International Limited

'Coromandel House', 1‐2‐10, Sardar Patel Road,

Secunderabad ‐ 500 003, Telangana, India.

Tel: 91‐40‐2784 2034 / 2784 7212 Fax: 91‐40‐2784 4117

E‐mail: mail@coromandel.murugappa.com

CIN: L24120TG1961PLC000892

Website: www.coromandel.biz

Ref. No.: 2021‐22/109

February 03, 2022

National Stock Exchange of India Limited

BSE Limited,

Exchange Plaza, 5th Floor,

Phiroze Jeejeebhoy Towers,

Bandra‐Kurla Complex,

Dalal Street,

Bandra (E), Mumbai 400 051

Mumbai 400 001.

Scrip Code: COROMANDEL

Scrip Code: 506395

Through: NSE NEAPS

Through: BSE Listing

Dear Sirs,

Subject : Appointment of Mr. Sudarshan Venu as an Additional Director - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of Board Meeting

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (SEBI LODR), we wish to inform that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors at its meeting held today, i.e., February 03, 2022, approved the appointment of Mr. Sudarshan Venu (DIN: 03601690) as an Additional Director, designated as Non‐Executive and Independent Director for a period of 5 years from February 03, 2022 to February 02, 2027, subject to the approval of the shareholders.

In this regard, the information as required under Regulation 30 of SEBI LODR is given below:

S.No

Particulars

Details

1

Reason for

change

viz.

Appointment of Mr. Sudarshan Venu as an Additional

appointment, resignation,

Director, designated as Non‐Executive Independent Director,

removal,

death

or

of the Company, subject to approval of shareholders.

otherwise

2

Date

of

February 03, 2022

appointment/cessation

3

Term of appointment

February 03, 2022 to February 2, 2027

4

Brief Profile

Sudarshan Venu, Joint Managing Director of TVS Motor

Company Limited, holds a Graduate Degree with Honors in

the Jerome Fisher Program in Management and Technology

from the University of Pennsylvania, USA. He holds B.S. in

Mechanical Engineering from the School of Engineering and

Applied Sciences and B.S. in Economics from the Wharton

School. He has also completed M.Sc. in International

Technology Management from the Warwick Manufacturing

Group attached to University of Warwick in U.K.

Sudarshan Venu, being an automotive enthusiast, grew up

amidst the roar of engines in India's oldest factory racing

team. Driven by passion, he has motorbiked in five

Coromandel International Limited

'Coromandel House', 1‐2‐10, Sardar Patel Road, Secunderabad ‐ 500 003, Telangana, India.

Tel: 91‐40‐2784 2034 / 2784 7212 Fax: 91‐40‐2784 4117

E‐mail: mail@coromandel.murugappa.com

CIN: L24120TG1961PLC000892

Website: www.coromandel.biz

continents. These experiences suit him well, as he charts the future of one of India's leading two‐wheeler manufacturer, TVS Motor Company. With Sudarshan's active intervention, TVS Motor has already seen a turnaround in its Market Share and has been the Most Awarded Two ‐ Wheeler Company. It is a testimony to Sudarshan's focus, that TVS Motor has been voted No. 1 in Customer Satisfaction for four years in a row by the prestigious J. D. Power Awards.

Under Sudarshan's leadership TVS Motor Company has acquired the iconic British brand Norton in Year 2020 with the vision of regaining Norton brand to its full glory in the international motorcycle landscape. He has been instrumental in steering the company with the broader sustainability agenda through electrification of its products, iQube - the first electric scooter launched in Jan 2020 and in building a strategic Personal e‐Mobility eco‐system through acquistion of Ego Movement‐ a swiss tech company providing e‐mobility solutions. Sudarshan has also played a pivotal role in TVS Motor Company's growth through expansion to new geographies in Africa, ASEAN & Latam.

He also has been instrumental in setting up and in the success of Emerald Haven Realty Ltd, TVS Credit Services - a non‐ deposit Non‐Banking Finance Company and TVS Digital, a subsidiary of TVSM incorporated in Singapore, focused on providing technology solutions for digital transformation.

In addition to his role as Joint Managing Director of TVS

Motor Company, he is also a Non‐executive Director in

Sundaram‐Clayton Ltd, and TVS Credit Services Ltd.

We would further like to inform that Mr. Sudarshan Venu is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. He is not related to any of the Directors of the Company.

We request you to kindly take this on record.

Thanking you,

Yours sincerely,

For Coromandel International Limited

Rajesh Mukhija

Sr. Vice President - Legal

& Company Secretary

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Coromandel International Limited published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 10:18:03 UTC.