Balmer Lawrie & Company will hold a meeting of the Board of Directors of the Company on 8 February 2021.

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Balmer Lawrie & Company announced the cessation of directorship of Vijay Sharma (DIN 08045837) as Non-executive Government Nominee Director of the Company with effect from 20 January 2021. Further, Kushagra Mittal (DIN: 09026246) has been appointed as a Non-Executive, Additional Director in the designation of Government Nominee Director of the Company with effect from 20 January, 2021 for a period of three years on coterminus basis, or until further orders, whichever is earlier.

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The Board of Balmer Lawrie & Company on 14 January 2021 has approved the cessation of Shyam Singh Mahar (DIN: 08511166) as Non-Executive,Government Nominee Director of the Company with effect from 14 January, 2021, owing to withdrawal of his nomination by the Administrative Ministry- Ministry of Petroleum & Natural Gas, (MoPNG), Government of India. The Board also approved the Mrityunjay Jha (DIN: 08483795) as Non-Executive, Government Nominee Director of the Company with effect from l4 January, 2021 pursuant to nomination by the Administrative Ministry- MoPNG, Government ofIndia.

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Net profit of Balmer Lawrie & Company declined 24.02% to Rs 29.64 crore in the quarter ended September 2020 as against Rs 39.01 crore during the previous quarter ended September 2019. Sales declined 4.64% to Rs 365.41 crore in the quarter ended September 2020 as against Rs 383.19 crore during the previous quarter ended September 2019.

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