Summary of Key Information:

Acquirer / Seller / Promoter: Airo Lam Limited

Target Company: Airolam Asia Pacific Co. Ltd [Thailand]

Nature of Transaction / Event: Sale of equity stake in associate company

Date of Transaction: Board approval on 21/07/2026 (Transaction expected completion by 30/07/2026)

Number of Shares Affected: 8,000 equity shares

% of Total Shareholding / Voting Capital Affected: 40% of equity share capital of Airolam Asia Pacific Co. Ltd

Mode of Transaction / Action: Sale to unrelated third party

Consideration (if disclosed): ₹36,00,000 (₹36 lakh)

Shareholding / Promoter Snapshot (Before & After):

Before Transaction / Event:

  • Shares Held: 9,800 equity shares (49%)
  • % of Total Capital: 49%

After Transaction / Event:

  • Shares Held: 1,800 equity shares (9%)
  • % of Total Capital: 9%

Other Noteworthy Information:

  • The transaction is not a related party transaction
  • The purchaser does not belong to the promoter/promoter group of Airo Lam Limited
  • Transaction subject to customary closing conditions, execution of definitive documents, and applicable regulatory compliances including Foreign Exchange Management Act, 1999
  • Target company incorporated on 10/09/2020 in Thailand
  • Target company turnover history:
  • FY 2023-24: 47,95,185.43 Baht
  • FY 2024-25: 83,97,971.37 Baht
  • FY 2025-26: 63,65,873.47 Baht
  • As of March 31, 2026: 65,26,679.53 Baht
  • Target company business: Trading of Laminate Products
  • Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Analyst Notes:

Factual disclosure of strategic divestment reducing associate status to minority investment position.