Indo Count Industries Ltd — Board/Management Information 2019

Feb 8, 2019

s" February, ²⁰¹⁹

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

BSElimited

Department of Corporate Services, Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.

Company Symbol: ICIl Scrip Code No.: 521016

Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations. 2015

Dear Sir/Madam,

We wish to inform you that the Board at its Meeting held today i.e. on s" February, 2019, inter-alia transacted following business:

• 1. Approved and Recommended the re-appointment of Mr. Dilip J. Thakkar (DIN: 00007339), as Non-Executive Independent Director of the Company for a second term of 5 (five) consecutive years from is" August, 2019 to is" August, 2024 for the approval of members of the Company.
• 1. Approved and Recommended the re-appointment of Mr. Prem Malik (DIN: 00023051) 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 for the approval of members of the Company.
• 1. Approved and Recommended the re-appointment of 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 for the approval of members of the Company.
• 1. Appointed Mr. Kailash R. Lalpuria (DIN: 00059758), Executive Director as "Chief Executive Officer" (CEO) of the Company u/s 203 of the Companies Act, 2013 w.e.f. s" February, 2019 and thereby redesignated Mr. Kailash R. Lalpuria as "Executive Director & CEO".

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

Kindly take note of the same.

Thanking you,

For Indo Count Industries limited

INDO COUNT INDUSTRIES LIMITED

Head ORice: 301, Arcadia, III Floor, Nariman Point, Mumbai - 400021 Maharashtra, India IT912243419500 ^I F 912222823098 Marketing ORice : 25, Vardhaman Industrial Complex, Gokul Nagar, Thane (W) - 400601 Maharashtra, India IT 912241511800 I F 91222172 0121 Home Textile Division: T3, Kagal - Hatkanangale Five Star, MIOC Ind. Area, Kolhapur - 416216 Maharashtra, India IT91231 6627900 I F 912316627979 Spinning Division: 01, MIOC, Gokul Shirgaon, Kohlapur - 416234 Maharashtra, India IT 912312687400 IF 912312672161 Regd. ORice: ORice No.1, Plot No.266, Village Alte, Kumbhoj Road, Taluka Hatkanangale, Oist. Kolhapur - 416109 Maharashtra, India IT91230 2463100/2461929

CIN L72200PNI988PLC068972I E info(.Q)indocount.comIW www.indocount.com

Annexure A

Mr. Dilip J. Thakkar

Mr. Dilip J. Thakkar is a Chartered Accountant (FCA) and fellow member of Indian Institute of Bankers. He has around 53 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 is on the Board of various listed and unlisted Companies.

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 (C!TI), Cotton Textile Export Promotion Council and Bombay Textile Research Association (BTRA). Mr. Prem Malik is on the Board of various listed and unlisted Companies.

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. Dr. (Mrs.) Vaijayanti Pandit is on the Board of various listed and unlisted Companies. She is also actively involved in various CSRactivities.

Dr. (Mrs) Vaijayanti Pandit does not have any inter-sa 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.

Mr. Kailash R. lalpuria

A qualified Chartered Accountant, Mr. Lalpuria is a Science graduate from St. Xavier's College in Mumbai and has more than 35 years of experience in the Textile Sector. His expertise includes Strategic Growth of Organization, Planning Joint Ventures, Developing Overseas Sales Team, Contribution in overall Value Chain, New Areas of Business Development, Commercial Aspects of Export Business, Sales & Marketing and Customer Relationship Management. He has the entrepreneur skills to conceptualize business and establish it as a successful enterprise. He has travelled worldwide and has good network for business development globally. He is also Director of Confederation of Indian Industry (CII) and on committees of TEXPROCILand FICCI.

Head Office: 301, Arcadia, III Floor, Nariman Point, Mumbai - 400021 Maharashtra, India IT912243419500 I F 912222823098 Marketing Office: 25, Vardhaman Industrial Complex, Gokul Nagar, Thane (W) - 400601 Maharashtra, India I T 912241511800 I F 91222172 0121 Home Textile Div~sion:n,.Kagal - Hatkanangale Five Star, MIDC Ind. Area, Kolhapur - 416216 Maharashtra, India IT ^{912316627900 I F} 91 231 662 7979 Splnnong Divisien : 01, MIDC, Gokul Shirgaon, Kohlapur - 416234 Maharashtra, India IT 912312687400 IF 912312672161

Regd. Office: Office No.1, Plot No.266, Village Alte, Kumbhoj Road, Taluka Hatkanangale, Dist. Kolhapur - 416109 Maharashtra, India IT912302463100/2461929 CIN L72200PN1988PLC068972I E info{.@indocount.comI W www.indocount.com