Deepak Nitrite Limited — Important, 09-04-2025: Updates

Shri Prakash Samudra has resigned as Independent Director of Deepak Nitrite Limited, effective at the close of business on 9th April 2025, due to personal reasons. In light of this, the Board has approved several appointments to fill the impending vacancies, subject to shareholder approval. Dr. Arvind Nath Agrawal, Ms. Bhumika Batra, and Shri Mahesh Ramchand Chhabria will join as Independent Directors, effective from 28th June 2025, each serving a three-year term. Additionally, Shri Punit Latbhai and Shri Viput Shah have been re-appointed for another three-year term starting from 8th August 2025. This board restructuring aims to bring fresh perspectives and expertise, which may positively impact corporate governance and strategic direction moving forward.

Shareholders should monitor these developments closely as the new appointments hold the potential to strengthen the company's leadership and align with its growth objectives.