AUTOMOTIVE AXLES LTD. - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

The Board, based on the recommendation of the Audit Committee, has re-appointed M/s S R Batliboi & Associates LLP, (Firm Registration No.101049W/ E300004), Chartered Accountants, as the statutory auditors of the Company for a second term of five years to hold office from the conclusion of the 41st AGM till the conclusion of 46th Annual General Meeting of the Company, subject to approval of shareholders of the Company.