1. Further expansion of the Truck & Bus radial tyre capacity at the Chennai plant from the currently planned 8900 tyres per day to 12000 tyres per day involving capex of Rs. 1200 crore.

2. (i) In order to meet Capex requirements towards ongoing/ proposed expansions at Chennai and Kalamassery Plants, the Board approved authorization for raising of debt of Rs. 2000 crore by way of Rupee Term Loan/ Foreign Currency Term Loan/ ECBs/ Non-Convertible Debentures etc. from time to time.

(ii) Seeking authorisation of the Shareholders through postal ballot for Private placement of unsecured/ secured Non Convertible Debentures not exceeding Rs. 1000 crore within overall borrowing limits of the Company for aforesaid Capex requirements.

3. Change in status of Sunam Sarkar from Whole-time Director to Non Executive Non independent Director with immediate effect consequent to his deputation to wholly owned subsidiary at Singapore.

4. Appointment of General Bikram Singh (Retd.), former Chief of Army Staff (COAS) of the Indian Army as an Additional Director (Independent) of the Company with immediate effect.