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GMMPfaudler Defining the standard GMM / SEC / 2021-22 / 41 BSE Limited Phiroze Jeejeebhoy Towers , 1st Floor , Dalal Street , Mumbai 400 001 - Scrip Code : 505255 Pf October 28 , 2021 National Stock Exchange of India Limited Exchange Plaza , C - 1 , Block G , Bandra Kurla Complex , Bandra ( E ) Mumbai 400 051 Symbol : GMMPFAUDLR Sub .: Outcome of the Board Meeting held on October 28 , 2021 Dear Sir / Madam , Pursuant to Regulations 30 and 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( " SEBI Listing Regulations " ) , this is to inform you that the Board of Directors of GMM Pfaudler Limited ( " the Company " ) at their meeting held on October 28 , 2021 , commenced at 4:45 p.m. and concluded at 6.40p.m. have inter alia : 1. Financial Results : Approved the Unaudited Standalone and Consolidated Financial Results along with the Limited Review Report issued by the Statutory Auditors of the Company , for the 2nd quarter and half year ended September 30 , 2021 ( copies of which are enclosed for your records ) 2. Interim Dividend : Approved payment of 2nd interim dividend at 1 / - per share of 14,617,500 Equity Shares of face value of 2 each ( Equity Share ) , aggregating to 14,617,500 for the year 2021-22 . 3. Record Date : Fixed November 11 , 2021 as the record date for the payment of 2nd interim dividend of 1 / - per Equity Share , on or before November 25 , 2021 . 4. Appointment of Chief Executive Officer ( " CEO " ) : Approved appointment of Mr. Aseem Joshi as the CEO and Key Managerial Personnel of the Company as per Regulation 2 ( 1 ) ( e ) and 2 ( 1 ) ( o ) of SEBI Listing Regulations with effect from November 8 , 2021. Details related to his appointment are provided in Annexure I. 5. ESOP Scheme : Approved ' GMM Pfaudler Employee Stock Option Plan 2021 ' ( " ESOP 2021 " ) , subject to the approval of the members of the Company as required under Regulation 6 of the SEBI ( Share Based Employee Benefits ) Regulations , 2021 and Section 62 ( 1 ) ( b ) of the Companies Act , 2013. Details related to the ESOP 2021 are provided in Annexure II . 6. Articles of Association ( " AOA " ) & Shareholders ' Agreement ( " SHA " ) : Approved amendment to Article 155.1 . ( e ) of AOA , subject to approval of the members of the Company thereby enabling the Company to appoint additional Independent Directors , as may be required from time to time . Extract of the said Article along with the highlighted change is as follows : FRAUDLER GMM LTD 砒 GMM Pfaudler Limited Corporate Office : 902 , Lodha Excelus , Commercial Tower 1 , New Cuffe Parade , Sewri - Chembur Road , Mumbai - 400022 . 0 : +91 22 6650 3900 Registered Office : Vithal Udyognagar , Anand - Sojitra Road , Karamsad - 388 325 ⚫0 : +91 2692 661700 F : +91 2692 661888 CIN : L29199GJ1962PLC001171 sales@gmmpfaudler.com www.gmmpfaudler.com •