Indo Count Industries Ltd — Board/Management Information 2019

Aug 17, 2019

17thAugust, 2019

National Stock Exchange of India Limited Listing Department, Exchange Plaza,Bandra Kurla Complex, Bandra (East),Mumbai 400051

Company Symbol: ICIL

BSELimited, Department of Corporate Services Floor 25, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001

Scrip Code No.: 521016

Dear Sir/Madam,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 - Change in Directors

1. In continuation to our intimation dated s" February, 2019 and pursuant to Regulation 30 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Members of the Company at the Annual General Meeting held on is" August, 2019, approved re-appointment of Mr. Dilip J. Thakkar (DIN: 00007339), Mr. Prem Malik (DIN: 00023051) and Dr. (Mrs.) Vaijayanti Pandit (DIN: 06742237) as Non-Executive Independent Directors of the Company for a second term of 5 (five) consecutive years from is" August, 2019 to is" August, 2024.

Brief profile and other Information of aforesaid Directors pursuant to SEBI Circular bearing reference CIR/CFD/CMD/4/2015 dated September 09,2015 is enclosed in Annexure A.

1. In continuation to our intimation dated 22nd May, 2019 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Mr. Pradyumna Natvarlal Shah (DIN: 00096793) and Mr. Anand Ramanna (DIN: 00040325) ceased to be Directors of the Company w.eJ. is" August, 2019 due to expiry of their first term and not seeking re-appointment for second term due to their advanced age.

The Board places on record its appreciation for the immense contributions and valuable guidance given by Mr. P. N. Shah and Mr. R. Anand during their long association as Board members of the Company.

You are requested to kindly take the same on record.

Thanking you,

Yours faithfully, For Indo Count Industries Limited

~ Amruta Avasare Company Secretary & Compliance Officer Encl.: A/a

Indo Count Industries Ltd

Head Office: 301, Arcadia, 3rd Floor, Nariman Point, Mumbai - 400 021, Maharashtra. India; T: 0224341 9500, F: 022 2282 3098 Marketing Office Dosti Imperia, 2nd floor. Manpada, Ghodbunder Road, Thane (w) - 400 607, Maharashtra, India; T: 0224151 1800,F: 0222172 0121 Home Textile Divrsiorr T3, Kagal - Hatkanangale Five Star, MIDC Ind. Area, Kolhapur - 416216, Maharashtra, India;T: 0231 6627900,F: 02316627979 Spinning Division: D1, MIDC, Gokul Shirgaon, Kolhapur - 416234, Maharashtra, India; T: 0231 2687400, F: 0231 267 2161 Regd. Office' Office No.1, Plot No. 266, Village Alte, Kumbhoj Road.Taiuka Hatkanangale, DiS!. Kolhapur - 416109, Maharashtra, India;T: 02302463100/2461929 CIN: L72200PN1988PLC068972. E: info@indocoun!.com,W: www.indocount.com

Annexure A

Mr. Dilip J. Thakkar

Mr. Dilip J. Thakkar is a Chartered Accountant and a fellow member of Institute of Chartered Accountants of India. He has around 58 years of experience in the fields of Accounting, Finance, FEMA and Taxation. He serves as Senior Partner of Mis Jayantilal Thakkar & Co. and Mis Jayantilal Thakkar Associates, Mumbai. Mr. Thakkar specializes in Foreign Exchange Management Act and extensively advises Non Resident Indians, Overseas Corporations and large Indian Companies on Investments, Taxation, collaboration etc.

Mr. Dilip J. Thakkar does not have any inter-se relationship with other Directors of the Company. He is not debarred from holding office as a Director by virtue of any SEBIOrder or any other authority.

Mr. Prem Malik

Mr. Prem Malik is Master in Arts (MA, Hons) and having wide experience of more than 53 years in textile and clothing at top management. Mr. Malik was Past Chairman of Confederation of Indian Textile Industry (CITI), Cotton Textile Export Promotion Council and Bombay Textile Research Association (BTRA).

Mr. Prem Malik does not have any inter-se relationship with other Directors of the Company. He is not debarred from holding office as a Director by virtue of any SEBIOrder or any other authority.

Dr. (Mrs) Vaijayanti Pandit

Dr. (Mrs) Vaijayanti Pandit has done PhD in Management Studies from Jamnalal Bajaj Institute of Management Studies and Diploma in Journalism and Mass Communications. She also holds Masters in political science. Dr. Pandit has more than 35 years of experience and she served as Senior Director of the Federation of Indian Chambers of Commerce and Industry (FICCI)and Secretary of Indian Merchants Chambers. She is an Advisor of Welingkar Institute 'of Management. She is also actively involved in various CSRactivities.

Dr. (Mrs) Vaijayanti Pandit does not have any inter-se relationship with other Directors of the Company. She is not debarred from holding office as a Director by virtue of any SEBIOrder or any other authority.

Indo Count Industries Ltd

Head Office: 301, Arcadia, 3rd Floor, Nariman Point, Mumbai - 400 021, Maharashtra, India; T: 0224341 9500, F: 02222823098 Marketing Office' Dosti Imperia, 2nd floor, Manpada, Ghodbunder Road, Thane (w) - 400 607, Maharashtra, India; T: 02241511800, F: 022 2172 0121 Home Textile Division. T3, Kagal - Hatkanangale Five Star, MIDC Ind. Area, Kolhapur - 416216, Maharashtra, India; T: 0231 6627900, F: 0231 6627979 Spinning Division: 01. MIDC, Gokul Shirgaon, Kolhapur - 416234, Maharashtra, India; T: 02312687400, F: 0231 2672161 Regd. Office' Office No, 1, Plot No. 266, Village Alte, Kumbhoj Road,Taluka Hatkanangale, Dist. Kolhapur - 416 109, Maharashtra, India; T: 02302463100/2461929 CIN: L72200PN1988PLC068972, E: info@indocount.com, W: www.indocount.com