Anik Industries Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

The Board of Directors of Anik Industries Limited has held a meeting and approved several key decisions. The board has decided to provide a corporate guarantee for various credit facilities to be availed by its material subsidiary, Revera Milk & Foods Private Limited. Additionally, notice of a postal ballot was approved to seek shareholder approval for material related party transactions with the same subsidiary. Mr. Amit Jain has been appointed as the scrutinizer for the e-voting process of this postal ballot, ensuring transparency.