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Ms. Shubhalakshmi Panse will conclude her second five-year term as an Independent Director at Atul Limited, effectively resigning from her position at the end of March 26, 2025. As a result, she will also step down as Chairperson of the Corporate Social Responsibility Committee and as a member of the Audit Committee, Nomination and Remuneration Committee, and Investment Committee. This shift may alter the dynamics of the board and could lead to new strategic directions, impacting investor sentiment positively or introducing transitional risks as the company seeks suitable replacements for her roles.