Subros Limited — Others, 28-03-2025: Change in Director(s)

Subros Limited has announced a board meeting on March 28, 2025, to discuss changes in its directorate. Mr. Naohisa Kuriyama has resigned as Nominee Director due to a shift in nomination by DENSO Corporation, Japan, while Mr. Yusuke Hara has been appointed as his replacement, pending shareholder approval. Additionally, Dr. Yasuhiro Iida vacated his role as Alternate Director to Mr. Kuriyama, and he has been reappointed as Alternate Director to Mr. Hara, also subject to shareholder approval.

These changes reflect DENSO's strategic governance adjustments and continuity in leadership. Investor sentiment may remain stable as these appointments bring experienced personnel, potentially enhancing operational efficiency and governance quality.