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 August 12, 2014, inter alia:

1. accepted the resignation of Mr. John Chang as Director of the Company with effect from August 12, 2014.

2. co-opted Mr.John Henry Jacko Jr. in the casual vacancy caused due to the resignation of Mr. John Chang.

3. re-constituted the CSR Committee of Directors. The re-constituted CSR Committee of Directors comprises the following:

i. Mr. Bhagya Chandra Rao, Member
ii. Ms. Michelle R. Keating, Member and
iii. Mr. B. Anjani Kumar, Member

4. re-constituted the Nomination and Remuneration Committee of Directors. The re-constituted Nomination and Remuneration Committee of Directors comprises the following:

i. Mr. B. Anjani Kumar, Chairman
ii. Mr. M. N. Bhagwat, Member and
iii. Mr. V. K. Deshpande, Member

5. has decided to retain the financial year ending June 30th every year, in order to continue alignment with Kennametal Inc. financial year subject to the necessary permission in terms of Section 2 (41) of the Companies Act, 2013.