Stovec Industries Ltd — Updates, 06-05-2025: Company Update

Stovec Industries Ltd. has announced a board meeting noting the retirement of Independent Directors Mr. Khurshed Thanawalla and Mr. Marco Wadia upon completion of their second five-year term. Their tenure ended at the close of business, with the company expressing appreciation for their contributions. This marks a leadership transition in Stovec’s governance, which could prompt updates in board composition affecting oversight and strategic direction.