AGARWAL INDUSTRIAL CORPORATION LTD. - Outcome of Board Meeting

Agarwal Industrial Corporation Ltd has informed BSE that due to casual vacancy caused by resignation of existing Auditors, the Board of Directors in their meeting held on April 18, 2014, on the basis of the recommendations of the Audit Committee of the Company and subject to the approval of the General meeting as per the applicable regulatory provisions, have appointed Ladha Singhal and Associates, Chartered Accountants, 209, Appollo complex. R. K. Singh Marg, Off. Parsi Panchayat Road, Near Sona Udyog, Andheri (East), Mumbai - 400069, as the Auditors of the Company to hold office till the conclusion of the next Annual General Meeting.