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Mr. Mohan Chauhan has concluded his tenure as an Independent Director of Lorenzini Apparels Limited, effective from the close of business hours on December 6, 2024. The company expresses gratitude for his contributions during his term. The Board is set to propose either a re-appointment for a second term or the appointment of a new director at an upcoming board meeting, pending approval from the members. This leadership transition presents an opportunity for the company to potentially strengthen its governance and strategic direction. Investors should monitor this development closely as it may influence future decision-making and strategic initiatives.