Sampann Utpadan India Limited — Important, 12-11-2024: Updates

Mr. Rajesh Kumar Jain has resigned as Non-Executive Independent Director of Sampann Utpadan India Limited, effective from the close of business hours on November 12, 2024, due to personal commitments. He has been associated with the company since October 23, 2021. His resignation cites pre-occupation as the main reason, and he confirmed that no material issues exist beyond what is stated in his resignation letter. This change in the Board composition could lead to a reevaluation of governance and strategic oversight moving forward. Shareholders should monitor any updates regarding the appointment of a new director and the implications for the company's strategic direction.