Outcome of Board Meeting

• Security Code: 517041
• Company: ADORWELD

This is to inform you that the outcome of the meeting of Board of Directors of the Company held today i.e. on Tuesday, 09th May, 2017, which commenced at 12:15 pm and concluded at 02:30 pm, is as follows: 1.Audited Financial Results Pursuant to Regulation 33 of the SEBJ (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit a copy of Audited Financial Results (Standalone and Consolidated) together with the Independent Auditor's Report from our Statutory Auditors for the financial year ended 31st March, 2017. The said results are also being uploaded on the website of the Company (www.adorwelding.com) and will be published in the Newspapers. 2.Submission of Declaration We are also submitting Declaration under Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for our Audit Report with unmodified opinion(s). 3.Recommendation of Dividend The Board of Directors of the Company has recommended a Dividend of Rs. 5/- per Equity Share for the financial year ended 31st March, 2017, subject to the approval of the members at the ensuing Annual General Meeting. 4.Submission of quarterly financial results during FY 2017-18 The Board of Directors of the Company has decided to submit the quarterly standalone financial results and year-to-date standalone & consolidated financial results, as required under Regulation 33(3)(b)(i) of the SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 during FY 2017-18.