The board of directors of Ador Welding Limited meeting held on November 12, 2019, approved Ms. Aruna B. Advani, Executive Chairman of the Company, will be superannuating on November 18, 2019. The Board placed on record its deep appreciation for the exemplary service provided by Ms. Aruna B. Advani during her tenure of over the last 37 years on the Board of the Company. Mrs. N. Malkani Nagpal, Whole-Time Director of the Company, will be the successor of Ms. Aruna B. Advani, after her superannuation on 18" November, 2019. Mrs. N. Malkani Nagpal is re-designated as the Executive Chairman of the Company effective November 19, 2019. Further, all the terms & conditions, as stated in the agreement executed between the Company and Mrs. N. Malkani Nagpal and approved by the shareholders at the 65th Annual General Meeting will remain unchanged, except for her designation. The Board of Directors appointed Ms. Tanya Advani as an Additional Director (Non-Executive) of the Company with effect from November 19, 2019, to hold office up to the age of her superannuation. Mr. Deep A. Lalvani, Non-Executive & Non-Independent Director of the Company, is appointed as the Whole - Time Director of the Company effective November 19, 2019 for a period of three years i.e. till November 18, 2022.