Austin Engineering Company Ltd — Important, 20-05-2026: Company Update

The company has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. This action follows the resignation of Mr. Jagdishchandra Bhagwanjibhai Jagani, who was a member and Chairperson of these committees. Ms. Isha Kirag Thanki, an Independent Director, has now been appointed as the Chairperson for all three committees. This reconstitution ensures the continued effective functioning and proper corporate governance of these crucial oversight bodies.