Indo Rama Synthetics (India) Limited — Important, 07-02-2025: General Updates

The Board of Directors of Indo Rama Synthetics (India) Limited has approved the re-appointment of Mr. Vishal Lohia as Whole-time Director for three years, effective from April 15, 2025, pending shareholder approval. Mr. Lohia, a promoter of the company, has been with Indo Rama since 2002 and has extensive experience in the polyester industry, significantly contributing to the company's recent expansion into textiles. He currently holds 11,37,896 equity shares in the company. This leadership continuity may positively impact operational stability and ongoing strategic initiatives. Investors should monitor the approval process and potential future developments under Mr. Lohia's continued direction.