Novelix Pharmaceuticals Ltd — Board Meeting, 12-04-2025: Board Meeting

Novelix Pharmaceuticals Limited has announced a board meeting to confirm the resignation of Mr. Gnana Prakash Gattu as an Independent Director, effective immediately. The board approved the appointment of Mr. Jivamohan Divakar Valluri as an Additional Non-Executive Non-Independent Director. An Extraordinary General Meeting (EGM) is scheduled for May 9, 2025, allowing shareholders to vote on important matters. The Audit, Nomination & Remuneration, and Stakeholders Relationship Committees have been reconstituted, indicating a strategic shift in governance. This restructuring could enhance operational efficiency and board effectiveness, contributing to a positive outlook for investors.