Airo Lam limited — Board/Management Information 2019

Feb 27, 2019

AIROLAM LIMITED

Dalpur Village, Nananpur Approach Road, Ta.: Prantij, Dist.: S.k. - 383120, Gujarat, India. P: +1 i77 i4~w7i 7u1 Fi +si e77D e4Dli7'l. e-mail: mor(etingl!JairolBm.com CIN - U20211 GJ2007PLC052019

Date: 27th February, 2019

Al RO LAM'

DECORATIVE LAMINATES

The Manager-Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400051.

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sub: Outcome of Board Meeting for change in main object clause of the Company as well as Appointment of Mr. Mehulkumar Jayantilal Patel (DIN: 08375958) as an Additional Director.

Scrip Code: AIROLAM

Dear Sir,

To,

This is to inform you that, the Board of Directors of the Company at their meeting held today on February 27, 2019 at Survey No. 355, Nananpur Road, N.H. No. 8, Village- Dalpur, 1a. Prantij, Gujarat, lndia-383120 have inter alia approved the following:

1. Change in Main Object clause by inserting new clauses in Clause Ill (A) of the Memorandum of Association of the Company as the Company has various plans for expansion of its business operations from the present level and accordingly, it is proposed to start the Manufacturing and Trading in Ceramics and Tiles. The change of object clause has been explained below.

At present, the Company is engaged in the business of Manufacturing and Trading of Laminate Products and Plywood. Now, the Company intends to carry on in India or elsewhere in the world the business to manufacture, produce, process, develop, purchase, sell, trade, market distribute display, import, export job work mix, modify, cut, cure, clean, crush, blend, mix treat, design, build, convert, compound, extract, excavate, finish, formulate, grind, fabricate, exchange, handle, operate, prepare and otherwise to act as manufacturers, Traders, representatives, brokers, agents, stockists, consignors, collaborators, distributors, suppliers, promoters, adatias, concessionaires, consultants, C & F agents, wholesalers, retailers and sale organizers of all shapes, sizes, varieties, specifications, descriptions, applications and uses of ceramic wares, earthenwares, tableware, hotel wares, pressed wares, decorative wares, garden wares, kitchen wares, crokeries, potteries, insulators, terracotta, porcelain ware, ceramic product, Building materials, Natural and Artificial Stone, Cement, Lime Plaster and Gravel Pipes of Earthenware cement, Road making materials, Asphalt, Pitch and Bitumen, Portable Buildings, Stone Monuments, Chimney Pots, Tiles, including bathroom accessories, wall tiles, floor tiles, glaze tiles, ceramic tiles, mosaic tiles, vitrified tiles, marble tiles, cement tiles, granite tiles, skirtings china tiles, roofing tiles, porcelain tiles, other components and by products thereof whether made of gypsum, lime, stone, porcelain, sand, ores, cement, concrete, asbestos, chinaclay, chemical, stone, powder, canvas, glass, fibre and other man made synthetic or natural material, any combination and any raw materials and machinery thereof. Hence, it is proposed to alter the main object clause of Memorandum of Association of the Company by including suitable clauses that enables the Company to commence the above mentioned business.

• 1. Appointment of Mr. Mehulkumar Jayantilal Patel (DIN: 08375958} as an Additional Director on the Board of Directors of the Company. The brief profile of Mr. Mehulkumar Jayantilal Patel is enclosed herewith as Annexure A.
• 1. Approval of Notice of Postal Ballot/E-Voting for above transactions.

• 1. Appointment of M/s Ashish Sheth & Associates, Practising Chartered Accountants as Scrutinizers for the postal ballot process.
• 1. The cut-off date for voting is 015 t March, 2019. Accordingly, all the shareholders as on this date will be entitled to vote on the resolution proposed in the Notice of Postal Ballot.

Kindly take note of the same.

Thanking you,

M. No. A41427

"Annexure A"

Brief profile of Additional Director

Sr.No.	Particulars	Details
1	Name in Full	Mr. Mehulkumar Jayantilal Patel
2	Date of Appointment	27th February, 2019
3	Brief Profile	Mr. Mehulkumar Jayantilal Patel, aged 29 years,has been appointed as the Additional Director ofthe Company w.e.f. February 27, 2019. He hascompleted Bachelor of Technology (Civil) fromRajasthan Technical University, Kota and he hasalso completed Masters of Engineering {StructuralfromEngineering)GujaratTechnologicalUniversity,Ahmedabad.Hehasteachingexperience sincepast6 yearsandcurrentlyworking as a lecturer in Grow More Faculty ofEngineering,Himatnagar.Hisexperienceanddedication will become fruitful in the developmentof the Company. He also has good interpersonalskills and good analytical and problem solvingskills.
4	No. of Shares held in the Company	NIL
5	Disclosure of relationship betweenDirectors {in case of appointment)	Mr. Mehulkumar Jayantilal Patel is not related toany director of the Company