Outcome of Board Meeting

• Security Code: 505890
• Company: KENNAMET

Kennametal India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 04, 2014, to consider, inter alia, has transacted the following:

1. appointed Mr. Prakash M. Telang as an Independent Director and Non-executive Chairman of the Board with effect from November 04, 2014.

2. re-constituted the Audit Committee of Directors to comprise the following Directors:

i. Mr. B. Anjani Kumar, Non-Executive Independent Director as Chairman ii. Mr. Prakash M. Telang, Non-Executive Independent Director as Member and iii. Mr. Vinayak K. Deshpande, Non-Executive Independent Director as Member

3. re-constituted the Stakeholders Relationship Committee of Directors to comprise the following Directors:

i. Mr. Prakash M. Telang, Non-Executive Independent Director as Chairman and
ii. Mr. Bhagya Chandra Rao, Managing Director as Member

4. re-constituted the Nomination and Remuneration Committee of Directors to comprise the following Directors:

i. Mr. Vinayak K. Deshpande, Non-Executive Independent Director as Chairman ii. Mr. B. Anjani Kumar, Non-Executive Independent Director as Member and iii. Ms. Michelle R. Keating, Non-executive Director as Member.

5. re-constituted the Corporate Social Responsibility Committee of Directors to comprise the following Directors:

i. Mr. Bhagya Chandra Rao, Managing Director as Chairman ii. Mr. John Henry Jacko Jr., Non-Executive Director as Member iii. Mr. Prakash M. Telang, Non-Executive Independent Director as Member iv. Mr. B. Anjani Kumar, Non-Executive Independent Director as Member

6. approved the un-audited financial results of the Company for the first quarter ended September 30, 2014, The said results, in the prescribed format, are being faxed / e-mail to you along with this letter and also couriered separately.
Kindly take the same on record.