Company Profile

Inter alia, approved:- 1. Recommended a final dividend of Rs.280/? per equity share of t1 0 each, subject to approval of shareholders. The total dividend payout for the financial year 2022?23 (including interim dividend Rs.200 paid in March 2023) is Rs.480/? per equity share (previous year Rs.210/? per equity share). The said final dividend, if declared, by the shareholders at the ensuing Annual General Meeting will be paid/dispatched on or after August 10, 2023. 2. Accorded its approval for convening 71 st Annual General Meeting of the Company to be held on Tuesday, August 01, 2023. Register of Members & Share Transfers Books of the Company will be closed from July 15, 2023, to August 01, 2023 (both days inclusive); 3. Took note of resignation of Ms. Filiz Albrecht (DIN: 09607767) from her position as a Non? Executive and Non-Independent Director of the Company with effect from close of business hours on April 15, 2023. Intimation of Ms. Filiz Albrecht resignation vide letter dated April 14, 2023, and details required as per Securities Exchange and Board of India (the "SEBI') Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, have already been submitted vide our earlier letter to the exchanges on April 15, 2023; 4. Took note that Mr. Markus Bamberger (DIN: 09200475) will be stepping down his position as a Chairman and Director of the Company Based on the recommendations of Nomination & Remuneration Committee and subject to the approval of shareholders, approved the following changes to the Board of Directors: (a) Appointed Mr. Stefan Grosch (DIN: 10145827), as a Non-Executive Director and NonIndependent Director with effect from May 1 0, 2023, liable to retire by rotation; (b) Appointed Ms. Karin Gilges (DIN:0009615158) as an Alternate Director to Mr. Stefan Grosch with effect from May 10, 2023. Ms. Gilges shall act as an alternate director during absence of Mr. Stefan Grosch from India and shall vacate her office as and when Mr. Stefan Grosch returns to India. Further Ms. Gilges shall be automatically re-appointed as an Alternate Director as and when Mr. Stefan Grosch departs from India; (c) Appointed Mr. Soumitra Bhattacharya (DIN:02783243) as a Non-Executive and NonIndependent Director with effect from August 02, 2023, liable to retire by rotation. The Board has further appointed Mr. Soumitra Bhattacharya as the Chairman of the Board with effect from August 2, 2023, for a period of 5 years; and (d) Re-appointed Dr. Gopichand Katragadda (DIN: 02475721) as an Independent Director of the Company for a second term of five years with effect from December 04, 2023, to December 03, 2028. ? (vii) Pursuant to SEBI Circular LIST/COMP/14/2018-19 dated June 20, 2018, we confirm that Mr. Gopichand Katragadda, Mr. Stefan Grosch, Mr. Soumitra Bhattacharya and Ms. Karin Gilges are not debarred from holding the office of director by virtue of SEBI order or any other such authority. (viii) Based on the recommendations and approval of the Audit Committee, recommended the following Material Related Party Transactions (RPTs) for shareholders' approval: (a) Material RPTs with Bosch Automotive Electronics India Private Limited for the FY 2022- 23 which has exceeded the prescribed limits for the year ended March 31, 2023. It is also proposed to make an application with the Securities Exchange and Board of India in accordance with the Securities Exchange and Board of India (Settlement Proceedings) Regulations, 2018 for the contravention of Regulation 23(4) of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (b) Material RPTs with Robert Bosch GmbH for 3 years from FY 2023-24 to FY 2025-26. (c) Material RPTs with Bosch Automotive Electronics India Private Limited for 3 years from FY 2023-24 to FY 2025-26. (d) Material RPTs with Bosch Global Software Technologies Private Limited for 3 years from FY 2023-24 to FY 2025-26.

Inter alia, approved:- 1. Recommended a final dividend of Rs.280/? per equity share of t1 0 each, subject to approval of shareholders. The total dividend payout for the financial year 2022?23 (including interim dividend Rs.200 paid in March 2023) is Rs.480/? per equity share (previous year Rs.210/? per equity share). The said final dividend, if declared, by the shareholders at the ensuing Annual General Meeting will be paid/dispatched on or after August 10, 2023. 2. Accorded its approval for convening 71 st Annual General Meeting of the Company to be held on Tuesday, August 01, 2023. Register of Members & Share Transfers Books of the Company will be closed from July 15, 2023, to August 01, 2023 (both days inclusive); 3. Took note of resignation of Ms. Filiz Albrecht (DIN: 09607767) from her position as a Non? Executive and Non-Independent Director of the Company with effect from close of business hours on April 15, 2023. Intimation of Ms. Filiz Albrecht resignation vide letter dated April 14, 2023, and details required as per Securities Exchange and Board of India (the "SEBI') Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, have already been submitted vide our earlier letter to the exchanges on April 15, 2023; 4. Took note that Mr. Markus Bamberger (DIN: 09200475) will be stepping down his position as a Chairman and Director of the Company Based on the recommendations of Nomination & Remuneration Committee and subject to the approval of shareholders, approved the following changes to the Board of Directors: (a) Appointed Mr. Stefan Grosch (DIN: 10145827), as a Non-Executive Director and NonIndependent Director with effect from May 1 0, 2023, liable to retire by rotation; (b) Appointed Ms. Karin Gilges (DIN:0009615158) as an Alternate Director to Mr. Stefan Grosch with effect from May 10, 2023. Ms. Gilges shall act as an alternate director during absence of Mr. Stefan Grosch from India and shall vacate her office as and when Mr. Stefan Grosch returns to India. Further Ms. Gilges shall be automatically re-appointed as an Alternate Director as and when Mr. Stefan Grosch departs from India; (c) Appointed Mr. Soumitra Bhattacharya (DIN:02783243) as a Non-Executive and NonIndependent Director with effect from August 02, 2023, liable to retire by rotation. The Board has further appointed Mr. Soumitra Bhattacharya as the Chairman of the Board with effect from August 2, 2023, for a period of 5 years; and (d) Re-appointed Dr. Gopichand Katragadda (DIN: 02475721) as an Independent Director of the Company for a second term of five years with effect from December 04, 2023, to December 03, 2028. ? (vii) Pursuant to SEBI Circular LIST/COMP/14/2018-19 dated June 20, 2018, we confirm that Mr. Gopichand Katragadda, Mr. Stefan Grosch, Mr. Soumitra Bhattacharya and Ms. Karin Gilges are not debarred from holding the office of director by virtue of SEBI order or any other such authority. (viii) Based on the recommendations and approval of the Audit Committee, recommended the following Material Related Party Transactions (RPTs) for shareholders' approval: (a) Material RPTs with Bosch Automotive Electronics India Private Limited for the FY 2022- 23 which has exceeded the prescribed limits for the year ended March 31, 2023. It is also proposed to make an application with the Securities Exchange and Board of India in accordance with the Securities Exchange and Board of India (Settlement Proceedings) Regulations, 2018 for the contravention of Regulation 23(4) of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (b) Material RPTs with Robert Bosch GmbH for 3 years from FY 2023-24 to FY 2025-26. (c) Material RPTs with Bosch Automotive Electronics India Private Limited for 3 years from FY 2023-24 to FY 2025-26. (d) Material RPTs with Bosch Global Software Technologies Private Limited for 3 years from FY 2023-24 to FY 2025-26.

Inter alia, approved:- 1. Recommended a final dividend of Rs.280/? per equity share of t1 0 each, subject to approval of shareholders. The total dividend payout for the financial year 2022?23 (including interim dividend Rs.200 paid in March 2023) is Rs.480/? per equity share (previous year Rs.210/? per equity share). The said final dividend, if declared, by the shareholders at the ensuing Annual General Meeting will be paid/dispatched on or after August 10, 2023. 2. Accorded its approval for convening 71 st Annual General Meeting of the Company to be held on Tuesday, August 01, 2023. Register of Members & Share Transfers Books of the Company will be closed from July 15, 2023, to August 01, 2023 (both days inclusive); 3. Took note of resignation of Ms. Filiz Albrecht (DIN: 09607767) from her position as a Non? Executive and Non-Independent Director of the Company with effect from close of business hours on April 15, 2023. Intimation of Ms. Filiz Albrecht resignation vide letter dated April 14, 2023, and details required as per Securities Exchange and Board of India (the "SEBI') Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, have already been submitted vide our earlier letter to the exchanges on April 15, 2023; 4. Took note that Mr. Markus Bamberger (DIN: 09200475) will be stepping down his position as a Chairman and Director of the Company Based on the recommendations of Nomination & Remuneration Committee and subject to the approval of shareholders, approved the following changes to the Board of Directors: (a) Appointed Mr. Stefan Grosch (DIN: 10145827), as a Non-Executive Director and NonIndependent Director with effect from May 1 0, 2023, liable to retire by rotation; (b) Appointed Ms. Karin Gilges (DIN:0009615158) as an Alternate Director to Mr. Stefan Grosch with effect from May 10, 2023. Ms. Gilges shall act as an alternate director during absence of Mr. Stefan Grosch from India and shall vacate her office as and when Mr. Stefan Grosch returns to India. Further Ms. Gilges shall be automatically re-appointed as an Alternate Director as and when Mr. Stefan Grosch departs from India; (c) Appointed Mr. Soumitra Bhattacharya (DIN:02783243) as a Non-Executive and NonIndependent Director with effect from August 02, 2023, liable to retire by rotation. The Board has further appointed Mr. Soumitra Bhattacharya as the Chairman of the Board with effect from August 2, 2023, for a period of 5 years; and (d) Re-appointed Dr. Gopichand Katragadda (DIN: 02475721) as an Independent Director of the Company for a second term of five years with effect from December 04, 2023, to December 03, 2028. ? (vii) Pursuant to SEBI Circular LIST/COMP/14/2018-19 dated June 20, 2018, we confirm that Mr. Gopichand Katragadda, Mr. Stefan Grosch, Mr. Soumitra Bhattacharya and Ms. Karin Gilges are not debarred from holding the office of director by virtue of SEBI order or any other such authority. (viii) Based on the recommendations and approval of the Audit Committee, recommended the following Material Related Party Transactions (RPTs) for shareholders' approval: (a) Material RPTs with Bosch Automotive Electronics India Private Limited for the FY 2022- 23 which has exceeded the prescribed limits for the year ended March 31, 2023. It is also proposed to make an application with the Securities Exchange and Board of India in accordance with the Securities Exchange and Board of India (Settlement Proceedings) Regulations, 2018 for the contravention of Regulation 23(4) of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. (b) Material RPTs with Robert Bosch GmbH for 3 years from FY 2023-24 to FY 2025-26. (c) Material RPTs with Bosch Automotive Electronics India Private Limited for 3 years from FY 2023-24 to FY 2025-26. (d) Material RPTs with Bosch Global Software Technologies Private Limited for 3 years from FY 2023-24 to FY 2025-26.