FINOLEX INDUSTRIES LTD. - Board Meeting Outcome for Outcome Of The Board Meeting Held On Saturday, 27Th November, 2021

In terms of Regulation 30, we wish to inform that the Board of Directors of the Company at its meeting held on Saturday, 27th November, 2021, has, inter-alia, approved the following subject to the approval of the members of the Company and / or regulatory authorities, if required:<BR> <BR> 1. Mr. Prakash P. Chhabria (DIN 00016017) Chairman of the Company, re-appointed, as Whole-time Director designated as Executive Director for a period of 5 years with effect from 1st December, 2021. <BR> <BR> 2. Mr. Sanjay S. Math (DIN 01874086) re-appointed as Managing Director of the Company for a period of 6 months with effect from 1st December, 2021. <BR> <BR> <BR> 3. Mr. Anil V. Whabi (DIN 00142052) appointed as an Additional Director of the Company with effect from 1st December, 2021. <BR> <BR> 4. Mr. Anil V. Whabi (DIN 00142052) appointed as Whole-time Director designated as Director (Finance) of the Company for a period of 3 years with effect from 1st December, 2021.