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BIL/SE/2021-22 2nd August, 2021

To, BSE Limited National Stock Exchange of Ltd Phiroze Jeejeebhoy Towers 5th Floor, Exchange Plaza Dalal Street Bandra Kurla Complex – 400 001 Bandra (E), Mumbai 400 051

Scrip Code: 502355 Trading Symbol: BALKRISIND

Dear Sir/Madam,

Sub: Newspaper Advertisement - Regulation 47 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 47 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a copy of newspaper advertisement published in the Newspaper of Business Standard and Sakal on 31st July, 2021, towards intimation of fixation of record date i.e Saturday, 14th August, 2021 for the purpose of ascertaining the eligibility of the shareholders for payment of 1st Interim Dividend on equity shares for the financial year 2021-22 to be declared at the Board Meeting of the Company to be held on Friday, the 6th August, 2021, if any.

The same has been made available on the Company's Website www.bkt-tires.com

Thanking you,

Yours faithfully, For Balkrishna Industries Limited

Sd/- Vipul Shah Director & Company Secretary DIN: 05199526

Encl: a/a

Balkrishna Industries Ltd. CIN No.: L99999MH1961PLC012185 Corporate Office : BKT House, C / 15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India. Tel: +91 22 6666 3800 Fax: +91 22 6666 3898/99 www.bkt-tires.com Registered Office: B-66, Waluj MIDC, Waluj Industrial Area, Aurangabad – 431 136, , India 20 MUMBAI | 31 JULY 2021 . <

> BOOK REVIEW N N N An economist’s selective notes Kaushik Basu offers an engaging account of concerns and politely tells him how Though Basu’s tenure at the World ’s principal secretary, P N Bank was longer than the time he spent his days at North Block and but Haksar, had “summed it all up when he in the finance ministry, the diary entries wrote that in India, growth and reforms of his North Block days are more detailed steers clear of controversial issues have to be delivered ‘by stealth’”. and substantive. His World Bank entries That says a lot about Basu but per- are largely focused on globe-trotting (he A K BHATTACHARYA haps reveals a lot more about Singh. visited 20 countries in about a year) and Indeed, the recounting of Basu’s many fighting turf battles within the Bank, or Imagine you have just joined the Indian meetings with Singh are a highlight of failing to find acceptance for his idea to government as chief economic advisor the book. They show Singh’s innate la unch a Living Life Index to measure the (CEA) in the ministry of finance. You are goodness and his statesmanlike qualities ease of living for the common people. given the final draft of the Mid-Year but expose how politically weak and But he tastes success in forcing the Economic Review, which your predeces- resigned to indecisiveness he had publication of an annual data series to sor has prepared and which you now become even by 2012. compare how nations fare in terms of P V Sindhu reacts after her quarter-final win against Japan’s Akane Yamaguchi on Friday REUTERS have to approve before the finance min- Basu does not brush under the carpet the bottom 40 per cent of their populat- ister (FM) tables it in Parliament. You the many embarrassing moments during ions; and in refocusing the World Deve - take that copy along to read on your flight his stint in North Block. On two occa- lopment Report to examine how econo - from New to , and after sions, he plans to resign — once when mic development depends also on reading it, place it in the magazine pouch the FM asks him to join him at a meeting non-economic issues. Towards the fag Medal for Lovlina; in front of your seat — but absentmind- with the Reserve Bank of India governor end of his tenure, Basu also succeeds in edly leave it behind while disembarking. in Mumbai on a day he has already shifting the direction of deliberations in You realise your folly only when you scheduled one of his lectures in Guwa - the World Bank. As an alternative to the reach home. What would you do? hati. He walks into Mukherjee’s room, widely accepted Washington Consensus, All kinds of thoughts would come to who takes one look at him and allows he bats for the Stockholm Statement that Sindhu closes in mind: what if the copy was picked up him to go for his Guwahati lecture. underlines that economics is not just by the next passenger? What if that pas- The second is when about free trade, deficit PRESS TRUST OF INDIA were clinical in their 5-3 thrashing of Japan in senger happened to be a senior officer POLICYMAKER’S JOURNAL – FROM Basu uploads his research control and GDP growth, New Delhi, 30 July their final group match. They will face Great in the government? Or a businessperson NEW DELHI TO WASHINGTON D.C. paper on the finance min- His diary entries but also about inequality Britain in the last-eight stage. who might hand it over to a television Author: Kaushik Basu istry website, arguing how show that he and sustainable growth. ebutant boxer Lovlina Borgohain (69kg) The women too kept their hopes of moving channel or inform someone in the gov- the corruption law in India admires the It also seems Basu pro- provided the spark that India’s Olympic ahead alive with Navneet Kaur scoring a late ernment? Or worse, what if that passen- Publisher: Simon & Schuster should be amended to independence of vided key inputs for Barack Dcampaign desperately needed with a winner against Ireland for a 1-0 win. ger was a journalist? Price: ~699 absolve the bribe giver of the RBI, but there Obama’s famous advice to medal-clinching quarterfinal win, while ace shut- World number one Deepika Kumari’s quest This is precisely what happened to any guilt. This, in his view, is also a hint of the in 2015 on tler P V Sindhu reconfirmed her status as one of for an Olympic medal ended in disappointment Kaushik Basu, who was, a week after tak- Pages: 375+XV would break the conspir- stress all his the need to uphold the the greats of the sport as the country enjoyed a for the third time as she surrendered tamely to ing charge as CEA on December 8, 2009, acy of silence that both the meetings on country’s values of free- largely successful day 7 at the Games on Friday. Korean top seed An San in straight sets in the flying to Kolkata with the final draft of bribe receiver and giver monetary policy dom, guaranteed by the Borgohain, all of 23 and already a two-time quarterfinals. It was all over in six minutes. the Review that was ability to pepper his stories with the skill enter into because the law with the RBI Constitution. And that world championship medallist, took a big step There was little to celebrate in athletics as to present in Parliament three days later. of an accomplished raconteur makes the treats them both as guilty. governor and the should visit in making her own space in the Indian women’s well with Avinash Sable shattering his own Having lost the document, a worried book an easy read. He also appears street- This became a major polit- FM generate former prime minister boxing’s landscape, which has been largely dom- 3000m steeplechase national record being the Basu even thought of resigning if it got wise as he does not take long to deal with ical controversy, with before inated by the iconic M C Mary Kom. only bright moment. But he failed leaked to the media. But good sense pre- the idiosyncrasies of bureaucracy. He demands for the paper to he presents his first Budget She defeated former world cham- Deepika Kumari’s to qualify for the final, while sprinter vailed. He called the Kolkata airport and respects the Indian media for its inde- be withdrawn from the website. Basu in 2014 was an idea Basu mooted during pion Nien-Chin Chen of Chinese quest for an Dutee Chand produced a below-par said he had left a precious document, pendence but is also mildly irritated by decides if he is forced to do so, he would his meeting with the finance minister. Taipei to become the first among Olympic medal performance — she clocked 11.54 his “research paper”, on the plane. He its intrusive behaviour and ill-informed resign. Much to his relief, the FM issues The problem with the book, howev- nine Indian boxers in fray here to be ended in seconds in 100m, well outside her was told the plane had already departed interpretation, of which he is a victim no such instruction to him. More impor- er, is that unlike the promise of the assured of at least a bronze. disappointment for national record of 11.17 seconds — to for Mumbai. on more than one occasion. tantly, the PM disagrees with his views blurb, Basu does not offer any special “Isi ladki se 4 baar haar chuki hun the third time as make an exit from the Games. Distressed, Basu realised the only The diary entries also reveal Basu’s but allows him to retain the paper on the insights into how he advised the Indian (I had lost to her four times earlier), she lost to Korean M P Jabir also brought up the rear thing he could now count on was luck. propensity to land himself in trouble. On website and speak to a television channel government or the World Bank leader- all I wanted to do was prove a point top seed An San in in men’s 400m hurdles while the mi- So he went to sleep. And indeed, he got a trip to the US with Mukherjee, his com- to explain his stance. It is a different mat- ship on critical policy issues. None of to myself by being fearless against straight sets in the xed 4x400m relay team finished ei- a call from Kolkata airport early morning. ment on European politics is misinter- ter that so overwhelmed is Basu by their his entries takes you into the nitty-gritty her. I was just looking for revenge,” quarterfinals ghth and last in the second heat race. A sweeper had found the “research preted by the Indian media as an obser- cool and mature response that he choos- of preparing budgets, the thinking she said with a wide grin after a fan - The golf course was not a particu - paper”. That, in a way, marked Basu’s vation that there is no hope of fresh es not to speak to the channel. behind controversial proposals like the tastic win that triggered celebrations across India. larly happy place either as Anirban Lahiri endu - entry into the world of policymaking, reforms in India till the elections. That The only area that creates some tense Vodafone tax or how the Singh govern- Later in the day, Sindhu overcame a draining red an erratic day and was even-par after 16 holes heralding many more such episodes that happened in April 2012 and the moments for Basu seems to be monetary ment managed the fallout of the many challenge from Japan’s Akane Yamaguchi to pre- before the second round was suspended due to were as funny as they were insightful. Manmohan Singh government was policy management. His diary entries corruption controversies. vail in straight games, the scoreline not quite persistent thunderstorms over the east course Basu’s latest book, Policymaker’s Jo- already seen to be suffering from a paral- show that he admires the independence That makes you wonder if the diary reflecting the remarkable duel. of the Kas u migaseki Country Club. India’s other urnal — From New Delhi to Washington ysis of decision making. of the RBI, but there is also a hint of the entries were carefully selected or sanit - “For me it’s time to go back, relax and get golfer, Udayan Mane (69), shot 2-under 69 with D.C., is laced with such riveting stories. The next day Basu is asked to meet stress all his meetings on monetary pol- ised by Basu before he decided to expand ready for the next match. I’m happy but I need the help of three birdies on the back nine after The book is based on the diary he main- Mukherjee in his hotel suite at 7 am to icy with the RBI governor and the FM them into a book. In that respect, Basu’s to prepare for the next match,” was her typically being 1-over for the front nine. He is Tied-57th. tained during the seven years when he explain. After the necessary clarification generate. Even his assessment that infla- efforts are no patch on the famous diary business-like response to the 21-13 22-20 win. In shooting, Manu Bhaker and Rahi Sarnobat took a break from teaching, spending is issued, Basu also meets the Prime tion cannot be reined in just by interest entries published many years ago by Another win will set her up for at least a silver, crashed out of the 25m pistol qualifications (rapid about three years as CEA and four as the Minister on his return to explain how he rate tightening is opposed by the RBI B N Tandon, a joint secretary in Indira which she had also won in the 2016 edition. fire stage) finishing outside the top-8. The pistol chief economist at the World Bank. was a victim of misreporting. and others in the government. Basu Gandhi’s secretariat during the The hockey teams had a good day too. shooters will return home empty-handed for the Basu’s prose is elegant and lucid. His Manmohan Singh brushes aside Basu’s seems to be a lonely voice here. Emergency years. Already assured of a quarterfinal berth, the men second straight time at the Olympics.

> despite then Indian foreign secretary COFFEE WITH BS ABDUL BASIT | FORMER Sujatha Singh’s clear message to avoid doing so since it could undermine balkrishna industries limited HIGH COMMISSIONER OF PAKISTAN TO INDIA constructive diplomatic engagement CIN NO: L99999MH1961PLC012185 Regd. Office : - B-66, Waluj MIDC, Waluj Industrial Area, between the two countries. In his book, Aurangabad - 431136, Maharashtra, India. Basit also expresses the feeling that Tel No. +91 22 6666 3800 Fax: +91 22 6666 3898/99 Website: www.bkt-tires.com E-mail: [email protected] Pakistan’s former Prime Minister Nawaz NOTICE Sharif came across as too soft on the Walking a tightrope Notice is also hereby given pursuant to Section 91 of the Companies Act, Kashmir issue, and kept “pandering to 2013 and applicable rules thereunder and Regulation 42 of SEBI (Listing India” in a way that he should not have. Obligations and Disclosure Requirements) Regulations, 2015, the New Delhi is a dream posting Basit tells me that one of his fondest Company has fixed Saturday, 14th August, 2021 as record Date for the st recollections of India is a visit to the house purpose of ascertaining the eligibility of the shareholders for payment of 1 for any Pakistani diplomat, of cinema legend Dilip Kumar (who died Interim Dividend on equity shares for the financial year 2021-22 to be declared at the Board Meeting of the Company to be held on Friday, the 6th earlier this month). Basit was scheduled to Basit tells Chintan Girish Modi August, 2021, if any. The said 1st Interim Dividend shall be credited/ be in Mumbai for work. Sharif, who is a dispatched within 30 days from the date of declaration as per applicable great fan of the actor, urged Basit to meet provisions of CompaniesAct, 2013 to such Shareholders as on record date. etting to speak with a Pakistani him and spend some time with him. The said notice may be accessed on the Company's website at diplomat is a rare opportunity for “When I told Dilip Kumar that I am www.bkt-tires.com and also on the Stock Exchanges website at an Indian writer. So I want to make from Peshawar, he got so excited. He www.bseindia.com and www.nseindia.com. G For Balkrishna Industries Limited the most of my Zoom call with Abdul Basit, started talking in Hindko, which is my Sd/- who served as Pakistan’s high mother tongue,” he says. “I was supposed Vipul Shah Place: Mumbai Director & Company Secretary th commissioner to India from 2014 to 2017. to be there only for 30 minutes but stayed Date: 30 July, 2021 DIN. 05199526 This period, which forms the first three for three hours. He did not let me go. I even years of the Narendra Modi government, offered evening prayers with him.” Basit are chronicled in his new book, Hostility: A also met actor in Diplomat’s Diary on Pakistan-India Mumbai, and says he was touched by his Relations, published by HarperCollins. It “warm hospitality”. also includes his reflections on bilateral Does he think that Pakistan and India relations after his tenure. might re-open their consulates in Mumbai The title is forbidding and I hope the and ? He is hopeful but measured meeting will be friendly. I rarely dress up in his words. “If the two countries re- for online meetings but I make a special engage with each other formally, there is effort for this one. A gorgeous blue kurta now a possibility to reopen consulates. calls out from my wardrobe. I had pur- Whether Pakistan is willing to drop the chased it on a short trip to Lahore in 2012 as demand to get Jinnah House, I don’t part of the Exchange for Change prog- know,” he says, adding that “many other ramme that brought together educators things need to be settled first.” and students from India and Pakistan. Acknowledging the importance of both Basit, who joins me online from Mumbai and Karachi in order to expand Islamabad, is pleased to hear that I have trade and cultural relations, he says the visited Pakistan. He is seated in a library in road to peace in South Asia goes via the basement of his house. What has he Kashmir. Without resolving the conflict been reading lately? Turkish writer between India and Pakistan over Kashmir,

Mustafa Akyol’s The Islamic Jesus: How the ILLUSTRATION: BINAY SINHA the mistrust is unlikely to melt away. King of the Jews Became a Prophet of the “Kashmir is the main issue between the Muslims (2017), India’s External Affairs and the Soviet Union at that time, it was two countries. We have not been able to Minister S Jaishankar’s The India Way: a tough environment. resolve it bilaterally. As the two major Strategies for an Uncertain World, and Speaking of the similarities between countries in South Asia, we have to go back former US President Barack Obama’s A Moscow and Delhi, he says, “I ended my to the drawing board and start engaging. Promised Land. career in India, where there is bonhomie at Do we want to continue to live in this He gave up on the last one because he many levels but there is also hostility. It is pattern or try something new so that we “lost interest” but read the sections on certainly a dream posting for any Pakistani can put our relationship on an irreversible India and Pakistan. diplomat. I was there at a very interesting trajectory of positive and mutually helpful I show him my coffee mug, a present time for India and Pakistan, when the relations?” he says. given to all the Indian delegates by a school Bharatiya Janata Party won the election After his stint in Delhi, he served as in Lahore. Basit is in a jovial mood. When I and Prime Minister Modi came to power.” president of a think tank called the ask if I am the only one with the beverage, Though he enjoyed Delhi the most, he Islamabad Policy Research Institute, he assures me, “I have my coffee. I will keep also visited other cities including Jaipur, which focuses on matters of national sipping it. Don’t worry.” Prior to Delhi, he Hyderabad, Shimla, Kolkata and Luck - security, international relations and public has served in Moscow, New York, Sana’a, now. In his book, he writes warmly about policy. Currently, he heads the Pakistan Geneva, London and Berlin. What, accor- the many Indian friends that he and his Institute for Conflict and Security Studies. ding to him, is the most important quality wife made here. He also taught university students for a required to be an effective diplomat? He Basit says he is enormously satisfied semester but says the job did not suit his thinks for a few seconds, and says, “Cool- with his work as a Pakistani diplomat in temperament. Grading students was a headedness! It allows you to look at things India. He tells me that he still receives challenge for him. “I was too hard and more carefully and objectively; then you invitations from colleges and universities strict. The management thought that can formulate your responses and make to address students via webinars. “Some nobody would be able to pass. I could not decisions in a rational manner.” people may have thought that I was very reconcile myself, so I stopped.” His first posting in Moscow and the last hawkish in my outlook. Despite that false Before we conclude, I ask if I could say one in Delhi were the most memorable, he image, I enjoy a good friendship with many hello to his dog, Oreo, who appears in his says. He recalls the excitement of being a Indians. We exchange greetings and book. Oreo is not around, and neither is young diplomat who was the only thoughts on several issues.” Oreo’s companion, Brownie. As we bid Russian-speaking officer in the Pakistani If he gets along so well with Indians, goodbye to each other, Basit says, embassy back in 1985, the year I was born. why is he perceived as hawkish? Among “Optimism and the aspiration for peace Given the relationship between Pakistan other things, he met Hurriyat leaders must be kept alive.” Back