Emkay Taps and Cutting Tools Limited — Board Meeting, 11-03-2025: Outcome of Board Meeting

The Board of Directors of Emkay Taps and Cutting Tools Limited has approved a variation in the terms of appointment for Mr. Ajayprakash Kanoria, Managing Director and CEO, effective from April 1, 2024. His remuneration will now be 3% of the net profit as calculated per the Companies Act. The Board is authorized to make further adjustments as necessary, with the variation subject to approval at the next general meeting. Notably, no other Directors or Key Managerial Personnel have conflicts of interest concerning this resolution.