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appointment as a Director. The Company has received a Notice respective relatives are concerned or interested, financially
from a Member in writing under Section 160(1) of the Act or otherwise, in the resolution set out at Item No. 6 of the
proposing his candidature for the office of Director. accompanying Notice.

Mr. Chandrasekaran is the Chairman of the Board at Tata Item No. 7
Sons Private Limited (‘Tata Sons’), promoter of the Company. The Company is directed under the provisions of Section 148 of
Mr. Chandrasekaran joined the Board of Tata Sons in the Act read with the Companies (Cost Records and Audit) Rules,
October 2016 and was appointed Chairman in January 2017. 2014, as amended, to have the audit of its cost records conducted
He also chairs the Boards of several group operating companies, by a Cost Accountant. Further, in accordance with the provisions
including Tata Steel Limited, Tata Motors Limited, The Tata Power of Section 148 of the Act read with the Companies (Audit and
Company Limited and Tata Consultancy Services Limited (‘TCS’) – Auditors) Rules, 2014, the remuneration payable to the Cost
of which he was Chief Executive Officer from 2009-17. His Auditors has to be ratified by the Members of the Company.
appointment as Chairman of Tata Sons followed a 30-year
business career at TCS, which he joined from university. The Board of Directors, on the recommendation of the Audit
Mr. Chandrasekaran rose through the ranks at TCS to become Committee, has approved the appointment of D. C. Dave & Co.,
the CEO and Managing Director of the leading global IT solution Cost Accountants (Firm Registration No. 000611), as the Cost
and consulting firm. Under his leadership, TCS generated total Auditors to conduct the audit of the cost records of the Company
revenues of US$ 16.5 billion in 2015-16 and consolidated its for the financial year ending March 31, 2022 at a remuneration
position as the largest private sector employer in India and the of ` 7,50,000 plus applicable taxes, travel and out-of-pocket
country’s most valuable company. In addition to his professional expenses.
career at Tata, Mr. Chandrasekaran is a Director on the Board Accordingly, consent of the Members is sought by way of an
of India’s central bank, the Reserve Bank of India, since 2016. Ordinary Resolution as set out at Item No. 7 of the accompanying
Mr. Chandrasekaran is on the International Advisory Council of Notice for ratification of the remuneration amounting to ` 7,50,000
Singapore’s Economic Development Board. He is the Chairman plus applicable taxes, travel and out-of-pocket expenses payable
of Indian Institute of Management (Lucknow) as well as the to the Cost Auditors for the financial year ending March 31, 2022.
President of the Court at Indian Institute of Science, Bengaluru.
He is the member of Bocconi’s International Advisory Council and The Board commends the Ordinary Resolution set out at
the Co-Chair India-US CEO Forum. Mr. Chandrasekaran has been Item No. 7 of the accompanying Notice for the approval of the
awarded several honorary doctorates by leading Universities in Members.
India and internationally, including an honorary Doctor of Letters None of the Directors or Key Managerial Personnel (KMP) of
from Macquarie University, Australia, Doctor of Letters from the Company and their respective relatives are concerned or
the Regional Engineering College, Trichy, Tamil Nadu, where he interested, financially or otherwise, in the resolution set out at Item
completed a Masters degree in Computer Applications before No. 7 of the accompanying Notice.
joining TCS in 1987. Mr. Chandrasekaran is also the author
of Bridgital Nation, a ground-breaking book on harnessing By Order of the Board of Directors
technological disruptions to bring Indians closer to their dreams.

Mr. Chandrasekaran is eligible to be appointed as a Director in Rajiv Chandan
terms of Section 164(2) of the Act. A declaration to this effect and General Counsel & Company Secretary
the consent to act as Director, subject to appointment by the FCS 4312
Members, has been received from Mr. Chandrasekaran. Further, he Mumbai, May 3, 2021
has also confirmed that he is not debarred from holding the office Registered Office:
of a director pursuant to any SEBI Order or any such Authority.
Tata Chemicals Limited
The Board considers that the association of Mr. Chandrasekaran Bombay House,
would be of immense benefit to the Company and accordingly, 24 Homi Mody Street,
the Board commends the Ordinary Resolution set out in Item No. 6 Fort, Mumbai - 400 001
of the accompanying Notice for approval of the Members. CIN: L24239MH1939PLC002893
Tel. No: + 91 22 6665 8282
Except Mr. Chandrasekaran and his relatives, none of the Directors Email: investors@tatachemicals.com
or Key Managerial Personnel (KMP) of the Company and their Website: www.tatachemicals.com

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