Nitiraj Engineers Limited — Important, 16-01-2025: General Updates

The company has reported the passing of Mr. Avinash Rajaram Chandsarkar, an Independent Director since January 6, 2022. His contributions during his tenure were valued, bringing substantial knowledge and experience to the Board and its committees. This loss may impact the governance structure and decision-making processes within the company as it seeks to fill the vacancy. Investors should note the potential implications on corporate strategy and oversight. The Directors and employees of the company have expressed their condolences to Mr. Chandsarkar's family.