Associated Alcohols & Breweries Ltd. — Important, 26-04-2025: Updates

The Board of Directors of Associated Alcohols & Breweries Limited has approved the reappointment of Ms. Apurva Pradeep Joshi as an independent director for a second term of five years, effective from September 12, 2025, pending shareholder approval at the upcoming Annual General Meeting. Ms. Joshi is distinguished as one of the youngest Certified Forensic Accounting Professionals and has a Doctorate in Literature. Her extensive qualifications include certifications in Management Consulting from IIM Bangalore and specialties in Anti-Money Laundering and Forensic Accounting. She currently serves on the boards of several listed companies, enhancing her profile and experience. This strategic move could strengthen the company's governance and oversight as it positions itself for future opportunities. Investors should watch closely for the resolution of this matter at the shareholder meeting, as it reflects the company’s commitment to robust leadership.