Rana Sugars Limited — Others, 17-05-2025: Change in Management

Rana Sugars Limited has announced a board meeting to consider the financial results for the quarter and half-year. Mr. Basant Kumar Bajaj has resigned as a Non-Executive Non-Independent Director due to busy commitments and potential conflicts related to his role at Infomerics Valuation and Rating Ltd and Rana Sugars’ planned public listing. The board has accepted his resignation, which aligns governance with evolving compliance and business priorities, potentially improving board focus and decision-making for shareholders.