Stylam Industries appointed eight additional directors to its board, including Mr. Naruhiro Amada as Executive Director (Whole Time Director), effective from the close of business hours on June 17, 2026. The board also approved the amendment and restatement of the company's Articles of Association to grant special rights to Aica Kogyo Company, Limited. These decisions were taken during a board meeting held on June 17, 2026, and are subject to the approval of the shareholders.

The appointments follow a shareholders' agreement executed on December 26, 2025, among Stylam Industries, Aica Kogyo, and other parties. Mr. Tirloki Nath Singla was appointed as a Non-Executive Independent Director for a term of five years. The other appointees include Mr. Kenji Ebihara, Mr. Nobuyuki Omura, Mr. Yuji Iwatsuka, Mr. Koshi Suzuki, Mr. Makoto Tanaka, and Mr. Adisak Thiaphairat, all as Non-Executive Directors with a five-year term.

Special Rights to Aica Kogyo

The board approved granting special rights to Aica Kogyo pursuant to Regulation 31B of the SEBI Listing Regulations. These rights include the ability for Aica to nominate up to eight directors to the board, provided it holds at least 5% of the company's issued, paid-up, and voting share capital. Aica directors will constitute the majority of the directors present at any board meeting unless the quorum requirement is waived in writing by Aica prior to the meeting.

Director Profiles

Mr. Naruhiro Amada, the newly appointed Executive Director, holds a Bachelor's degree in Commerce and has 24 years of experience with Aica Kogyo Company Limited. He was previously the Managing Director at Aica Laminates India Pvt Ltd. Mr. Tirloki Nath Singla, the Non-Executive Independent Director, is a Chartered Accountant with over 40 years of experience in taxation, audit, and corporate governance.

The board also approved an increase in the managerial remuneration of Mr. Jagdish Gupta, Managing Director, and Mr. Manit Gupta, Whole Time Director. The meeting commenced at 03:00 P.M. and concluded at 03:50 P.M.

Stylam Industries Limited will engage with investors and analysts during a meeting scheduled for June 16, 2026, in Mumbai. The company's officials will attend the Systematix Promoters and Founders Forum 2026 to conduct one-on-one and group meetings, providing an update on the company's performance based on publicly available information.

The meeting is scheduled to take place at Taj Santacruz between 12:00 p.m. and 05:00 p.m. The company confirmed that no unpublished price-sensitive information will be disclosed during these discussions. The event is subject to change due to exigencies on the part of the hosts or the company.

The following table outlines the schedule details for the meeting:

The intimation was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dhiraj Kheriwal, Company Secretary & Compliance Officer, signed the disclosure on behalf of Stylam Industries Limited.