Jai Balaji Industries Limited — Board Meeting, 16-04-2025: Outcome of Board Meeting

Jai Balaji Industries has announced a board meeting outcome highlighting key decisions. The board has appointed Mr. Pradip Kumar Tibdewal as an Additional Non-Executive Independent Director for two years, subject to shareholder approval. Additionally, the company will close its wholly-owned subsidiary, Kesarisuta Industries Uganda Limited, which has not conducted any business since incorporation; this closure will not impact overall revenue. Lastly, the board acknowledged the cessation of Mrs. Rakhi Bajoria and Mrs. Seema Chowdhury as Independent Directors after completing their terms.