Uni Abex Alloy Products Ltd. has informed that the Board of Directors of the company at its meeting held on February 13, 2014, has approved the appointment of F. K. Banatwalla, Independent Director as the Chairman of the Audit Committee from the ensuing Meeting. To comply with the provisions of the Companies Act, 2013, Mr. K. M. Elavia, Independent Director and Chairman of the Audit Committee have resigned as the Chairman of the Audit Committee with the conclusion of this meeting and will continue as an Independent Director on the Board of the company.

The company has started its production at its Dharwad unit.