Dear Sir/ Madam, Pursuant to the provisions of Regulation 30, 33, 34 of The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') read with Part A of Schedule III, We wish to inform you that the Board of Directors of Automobile Products of India Limited ('the Company') at their meeting held today i.e. Monday, 14th August, 2023, inter-alia, considered the following: 1. Approved unaudited financial results of the Company for the quarter ended 30th June, 2023 along with the limited review report issued by the Statutory Auditors of the Company for the said period; and 2. On account of completion of maximum tenure of the existing Statutory Auditors of the Company i.e. M/s. SGCO & Co. LLP, Chartered Accountants, Mumbai, (ICAI Registration No. 112081W/ W100184) at the ensuing Annual General Meeting of the Company