October 11, 2021

To,

Singapore Stock Exchange

2 Shenton Way, #19- 00 SGX Centre 1,

Singapore 068804

Dear Sir/ Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (the "SEBI LODR") pursuant to the receipt of resignation letter from Statutory Auditors of Videocon Industries Limited (the "Company").

In terms of the provisions of Regulation 30 of the SEBI LODR read with SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019 ("SEBI Circular"), we hereby inform you that M/s S.Z. Deshmukh & Co, Chartered Accountants (Firm Registration No.: 102380W), Statutory Auditor of the Company, have tendered their resignation from the position of Statutory Auditors vide letter dated October 08, 2021 which was placed before Mr. Abhijit Guhathakurta, Resolution Professional of the Company, on October 11, 2021.

The reasons for their resignation along with other information as required under Annexure-A to the SEBI Circular, is provided by M/s S.Z. Deshmukh & Co as part of their resignation letter.

A copy of the resignation letter is attached herewith and marked as Annexure -1.

The Company is in process of evaluating the said letter and, this remains subject to the views of the committee of creditors to be obtained at their next meeting.

VIDEOCON INDUSTRIES LIMITED

Correspondence Address

R e g i s t e r e d O f f i c e

New

Delhi

Office

Project

Office

(Oil &

Gas)

171 Mittal Court, 'C' wing, 17th

14KM

Stone, Aurangabad-

Videocon Tower, 12th Floor,

42,

Thirumal

Pillai

Road,

Floor, Nariman Point, Mumbai

Paithan

Road,

Village

Rani Jansi Marg, E-1 Jhandewa

1st

Floor,

T.

Nagar,

- 400012, India

Chittegaon, Taluka

Paithan,

Ion Extn, New Delhi - 110055

Chennai

- 600 017

India

District Aurangabad - 431 105

India

T (+91-44) 2834 3180

T (+91-22) 6611 3500

India

T (+91-11) 4159 3100

F (+91-44) 2834 0950

T (+91 - 2431) 251501 - 2

F (+91-11) 41593150/ 23616593

F (+91 - 2431) 251501

www.videoconworld.com

CIN:L99999MH1986PLC106324

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Videocon Industries Ltd. published this content on 12 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 18:11:01 UTC.