Airo Lam limited — Important, 21-07-2026: Disclosure of material issue

Airo Lam's board has approved a strategic move: selling a 40% equity stake in its Thailand-based associate, Airolam Asia Pacific Co. Ltd.

**What's happening:** AIROLAM's shareholding in Airolam Asia Pacific will drop from 49% to 9%, meaning it will no longer be an associate.

**Investor Takeaway:** AIROLAM will receive ₹0.36 Cr in cash from this divestment. Airolam Asia Pacific, a laminate product trader, had a turnover of approximately 65.27 lakh Baht as of March 2026. This sale is part of AIROLAM's broader strategic and investment objectives, expected to finalize by July 30, 2026.