Sub: Audited Financial Results For The Quarter And Year Ended 31St March 2017 And Board Recommends Dividend For The Year 2016-17 Ref: SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Regulation 33 & Read With Regulation 30, Schedule III, Part A (4)

• Security Code: 517380
• Company: IGARASHI

Pursuant to Regulation 33 read with Regulation 30, Schedule III, Part A (4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Regulations') ,we hereby inform you that the Board of Directors of the Company at their meeing held on 11th May 2017 (today) approved the following matters: 1. Considered and approved the Accounts and the Audited Financial Results of the Company for the year ended 31st March 2017, as per the format prescribed under Listing Regulations along with Auditors ' Report. 2. The Board of Directors has recommended dividend Rs. 6.61 per share of face value of Rs.10/- each for the financial year ended March 31, 2017, subject to approval of Members at the ensuing Annual General Meeting. The dividend shall be paid/dispatched within 30 days after the Annual General Meeting. 3. We hereby declare that the Audit reports mentioned above have unmodified opinion. The Board Meeting was concluded at 4.35 P.M. We are arranging to have audited financial results published in the newspapers. You are requested to take note of the above.