NACL Industries Limited — Board Meeting, 13-01-2025: Outcome of Board Meeting

The Board of Directors at NACL Industries Limited has approved the re-appointment of Mr. Sambasiva Rao Nannapaneni and Ms. Veni Mocherla as Independent Directors for an additional five-year term, effective February 14, 2025, and March 26, 2025, respectively. These decisions are subject to shareholder approval via postal ballot. The Board has also set January 10, 2025, as the cut-off date for voting rights. Mr. Nannapaneni brings over 38 years of experience in sales and marketing in the agrochemical sector, while Ms. Mocherla has over 24 years of experience in corporate strategy and partnerships.