Silgo Retail Limited — Board Meeting, 19-03-2025: Outcome of Board Meeting

The Board of Directors of Silgo Retail Limited has approved the resignation of Mr. Tarun Kumar Rathi as Non-Executive Independent Director, effective from the close of business hours. The board has appointed Mr. Anil Kumawat and Mr. Liladhar Kumawat as Non-Executive Independent Directors for a tenure of five years, subject to shareholder approval. Additionally, the Audit Committee, Stakeholder's Relationship Committee, and Nomination & Remuneration Committee will see changes in chairmanship and membership as part of the board reconstitution. The board also noted a fine imposed by NSE regarding the delay in filing the shareholding pattern.