Balmer Lawrie & Co. Ltd. informed that in line with recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company at its Meeting held on 10th February, 2023 have considered and approved the following: Extinguishment of additional charge of Director (Human Resource and Corporate Affairs) entrusted upon of Shri Adika Ratna Sekhar, (DIN: 08053637), Chairman and Managing Director of the Company with effect from 3rd February, 2023 pursuant to the letter bearing reference no.- CA-31024/5/2021-PNG(40259) dated l" November, 2022 received from the Ministry of Petroleum and Natural Gas, Government of India, Administrative Ministry. Appointment ofShri Abhijit Ghosh, (DIN: 10042785) as an Additional, Whole-time Director to the post of Director (Human Resource and Corporate Affairs) on the Board of the Company with effect from 4th February, 2023 pursuant to the letter bearing reference no.- CA-31024/4/2021-PNG (39793) dated l" February, 2023 received from the Ministry of Petroleum and Natural Gas, Government of India, Administrative Ministry.

Shri Abhijit Ghosh has over 30 years of Professional experience in 4(four) Public Sector Undertakings (PSUs) of repute. Shri Ghosh is a seasoned Professional who has worked in various HR role spanning Employee Relations, Talent Management, Organisation Change & Development, Learning & Development, HR Operations, Performance Management, Employee Engagement etc. He has been nominated as Director [HR&CA] of Balmer Lawrie & Co.

Ltd., a Mini Ratna IPSE under the Ministry of Petroleum and Natural Gas, Government ofindia with effect from 15t February, 2023. Prior to this he was leading the HR function of the Company as Senior Vice President [HR] since December, 2019. He has been holding leadership positions in the HR function in other PSUs viz.

National Fertilisers Limited, West Bengal Power Development Corporation Limited and Hindustan Copper Limited. He started his career with Hindustan Copper Limited as a Management Trainee (Personnel) in November, 1991 where he served for about 20 years. Thereafter, he joined Balmer Lawrie & Co.

Ltd. and served the Company from May, 2012 to September, 2014 as Regional HR Head of Eastern Region. He thereafter, joined West Bengal Power Development Corporation Limited and served the Company from September, 2014 to June, 2018. Subsequently, he joined National Fertilisers Limited at Panipat where he worked from June, 2018 to December, 2019, before finally joining Balmer Lawrie & Co.

Ltd. to Head HR function as Senior Vice President (HR). He is having Post Graduate Diploma in Personnel Management from Xavier Institute of Social Service, Ranchi [1990], prior to which he completed his Bachelor of Commerce (Honours) from Ranchi University [1988]. Shri Ghosh has also pursued Master of Business Administration from Calcutta University and PGCHRM from XLRI, Jamshedpur.