Vindhya Telelinks Limited

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Ltd. Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J.Towers, Dalal Street, Fort, MUMBAI-400 001 The Manager, Listing Department, The National Stock Exchang

10.9%

Punjab Produce and Trading Co. Pvt. Ltd is an investment company of the MP Birla Group, which owns 10.9% in Vindhya Telelinks Ltd. It has in its notices sent to the Vindhya Telelinks on 13 August and 6 S

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lders. In terms of compliance and transparency, Vindhya Telelinks has been fully transparent and 100% compliant with Indian securities market regulations which require that AGM notices be sent to shar

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Dear Mr Mascarenhas

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Chakrabarti because of the following reasons

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Disclosure under Regulation 30 Obligations Disclosure and Regulations, 2015 of SEBI (Listing Requirements) The Company has received questionnaire from The Economic Times and response given thereto is attached herewith. The above may please be treated as compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule II of said Regulations. This is for your information and records. Thanking you, Yours faithfully, For Vindhya Telelinks Limited \ : (Dinesh Kapoor) Company Secretary Encl: As above <NSTEM ak y S ‘ Coy b a SSS DNV-GL o r o M y B C A N A M ISO 9001 = 180 14001 OHSAS 1800 1 Works: i) Plot No. 1, Udyog Vihar, P.O. Chorhata, Rewa - 486 006 (M.P.) ii) Plot No. 1-C & 1-D, Udyog Vihar, P.O. Chorhata, Rewa - 486 006 (M.P.)

Dear Mr Mascarenhas

The matter you have referred to in your email is, in short, the most deplorable attempt to undermine the authority of the board of a professionally managed, well performing listed company by a section of shareholders acting as proxies. | trust the following text answers your questions adequately. Punjab Produce and Trading Co. Pvt. Ltd is an investment company of the MP Birla Group, which owns 10.9% in Vindhya Telelinks Ltd. It has in its notices sent to the Vindhya Telelinks on 13 August and 6 September not indicated any reason whatsoever for seeking to appoint Dr Dnanpat Ram Agarwal and retired justice Mr Shyamal Kanti Chakrabarti as directors to the board. These notices seeking to appoint them as non-independent non-executive directors were placed before Vindhya Telelinks’ board as well as the Nomination and Remuneration Committee of the board on 9 September. Both the board and the Committee have, after due deliberation, decided to strongly recommend against the appointment of Dr Ag

Chakrabarti because of the following reasons

Punjab Produce, which is seeking to appoint them as directors, has multiple outstanding court cases with various MP Birla Group companies, including Vindhya Telelinks itself. The constitution of Punjab Produce’s own board is seen as unlawful and is currently facing legal challenge. Therefore, the board of Vindhya Telelinks is of the view that the appointment of Dr Agarwal and Mr Chakrabarti as directors could lead to serious conflicts of interest and could be detrimental to the company. The board of Vindhya Telelinks is also of the view that no director should represent only a section of shareholders. Further, Punjab Produce is seeking appointment of Dr Agarwal and Mr Chakrabarti on the instruction of retired justice Mohit S. Shah and Mr. A.C. Chakrabortti, two members of the court-appointed committee of administrators overseeing the estate of the late Priyamvada Birla, despite strong opposition from the third member of the committee of administrators, Mr Mahendra Kumar Sharma. The thr