Shankara Building Products Limited — Board Meeting, 14-03-2025: Outcome of Board Meeting

The Board of Directors has approved the cessation of Ms. Jayashri Murali as an Independent Director effective March 18, 2025. The board has proposed the appointment of Ms. Sujatha G as an Additional Director in the capacity of Independent Director for a five-year term, pending shareholder approval. Additionally, the board approved the Postal Ballot Notice for this appointment, to be sent to shareholders, and reconstituted various committees, including the Audit and Nomination and Remuneration Committees. This restructuring aims to strengthen governance and decision-making within the company.