Company Announcements

July 7, 2022

Sub: Details of Proceedings, Voting Results and Scrutinizers Report with respect to the 59th Annual General Meeting of the Company held on Monday, June 27, 2022

Dear Sir/Madam,

We are pleased to submit the summary of Proceedings, Voting Results and Scrutinizers Report of the 59^th Annual General Meeting ("AGM") of the Company held on Monday, June 27, 2022, through Video Conferencing and Audio-Visual Means. The AGM commenced at 10.30 a.m. (IST) and concluded at 02:06 p.m. (IST) (including the time allowed for e-voting at the AGM).

The Company also facilitated the live webcast of the proceedings of the AGM.

1.     The Summary of Proceedings are mentioned below as Annexure 1

2.     The Voting Result and the Scrutinizers Report can be viewed at : https://www.tataconsumer.com/sites/g/files/gfwrlq316/files/2021-06/TCPL_AGM_Votingresult_Scrutiniser_report_25062021_1.pdf

3.     The archive of the webcast of the 59^th AGM is made available on the Company's website and can be accessed at: https://www.tataconsumer.com/investors/investor-information/agm/agm-webcast-recording

4.     The presentation made by Mr. Sunil D'Souza, Managing Director & CEO of the Company, at the AGM, is also enclosed herewith. It is also uploaded on the website the Company and can be accessed at https://www.tataconsumer.com/sites/g/files/gfwrlq316/files/2022-06/tcpl-agm-presentation-fy-2020-21.pdf.

Kindly take the same on your record and acknowledge.

Yours Sincerely,

For: TATA CONSUMER PRODUCTS LIMITED

Neelabja Chakrabarty                                                            

Company Secretary

Annexure 1

Meeting Day, Date, and Time: Monday, June 27, 2022, at 10.30 a.m. (IST). The Meeting concluded at 02:06 pm (including the time allowed for e-voting at the AGM and 15 minutes after the proceedings of the AGM was concluded by the Chairman, as declared by the Chairman).

Mode: Through Video Conferencing (VC) and Audio-Visual Means (OVM)

Chairman: Mr. N. Chandrasekaran, Chairman of the Board, joined the meeting from the Bombay House, 24, Homi Modi Street, Fort, Mumbai, 400001 (hereinafter referred to as "Common Venue") over Video Conference ("VC") and Audio-Visual Mode. He took the Chair in terms of Article 94 of the Articles of Association of the Company.

Directors in attendance:

Ms. Shikha Sharma, Independent Director and the Chairperson of the Nomination and Remuneration Committee, could not attend the meeting due to her other pre-occupations.

Chief Operating Officer, Chief Financial Officer, and Company Secretary:

The representatives of the Statutory Auditors, Cost Auditors and the Secretarial Auditors were also present through VC from their respective locations. The members of the senior leadership team were also present through VC from their respective locations.

Members attending the Meeting: 237 Members were attending the meeting virtually in person / through authorized representatives. In terms of the MCA circulars and SEBI circular, the requirement of appointing proxies was not applicable.

Quorum: The requisite quorum as required under Section 103 of the Companies Act, 2013 was present throughout the meeting.

After declaring that the requisite quorum for the meeting was present, the Chairman called the Meeting to order. It was announced that the Statutory Registers, as required under the Companies Act, 2013, and the documents that are required to be kept open in terms of the resolutions provided in the AGM Notice, were available for inspection of the Members electronically.

With the consent of the Members, the Notice convening the Meeting was taken as received and read. Since, the Auditors' Report on the Financial Statements (Standalone as well as Consolidated) for the year ended March 31, 2022, did not have any qualifications, reservations, observations, adverse remarks or disclaimer, the same was not required to be read.

The Chairman made his opening remarks covering the performance of the Company in the financial year 2021-22, highlighting the performances of the India businesses as well as international businesses, subsidiaries, joint ventures, and associate companies, impact on the business due to the pandemic and the recent geopolitical developments, as well as the strategy going forward.

This was followed by a presentation made by Mr. Sunil D'Souza, Managing Director & CEO, to the Members covering a brief about the Company, Key Highlights & Financial Performance for the financial year 2021-22, Progress against Strategic Priorities, Business performance - India & International and Awards & Recognitions.

Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, the Company had provided the remote e-voting facility to the Members in respect of businesses to be transacted at the AGM. The remote e-voting commenced at 9.00 a.m. on Thursday, June 23, 2022, and ended at 5:00 p.m. on Sunday, June 26, 2022. Further, the Company had also provided the facility for e-voting during the AGM on all the resolutions to facilitate the Members who were attending the meeting and had not cast their votes earlier through remote e-voting.

The Board of Directors had appointed Dr. Asim Kumar Chattopadhyay, Practicing Company Secretary, as Scrutinizer for scrutinizing the remote e-voting process before the AGM and e-voting during the AGM of the Company, in a fair and transparent manner.

The following resolutions as set out in the Notice convening the AGM were put to vote by Remote e-voting and e-voting during the meeting:

The Chairman then invited the Members to express their views, make comments and seek clarifications on the operations and financial performance of the Company and on the resolutions set out in the Notice of the AGM. The Members were given an opportunity to speak in the order in which they had registered their names. After giving sufficient time to all Members who wished to speak, the Chairman replied to the queries raised by the Members.

The Chairman authorized the Company Secretary to conduct the e-voting process and conclude the meeting. The Chairman had authorized the Company Secretary to accept, acknowledge and countersign the Scrutinizers report in connection with the AGM and declare the results of the e-voting in accordance with the requirements prescribed under the Companies Act, 2013 and other applicable laws.

The Chairman stated that the consolidated results of the remote e-voting and e-voting at the AGM venue would be announced within 2 working days of the conclusion of the meeting and the results along with the Scrutinizer's Report would be intimated to the Stock Exchanges in terms of the Listing Regulations and would be placed on the website of the Company and National Securities Depository Limited (NSDL), and would also be displayed at the Registered Office of the Company.

The Chairman then thanked the Members for their continued support and for attending and participating in the meeting. He also thanked the Directors for joining the meeting virtually. The e-voting facility was kept open for the next 15 minutes to enable the Members to cast their votes. Upon completion of the e-voting process, the Company Secretary declared the meeting closed.

The Voting results pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and Report of the Scrutinizer, pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 will be submitted in due course.