VMS Industries Ltd — Updates, 16-07-2025: Company Update

The company's Board of Directors has approved the reconstitution of its key committees to enhance governance and oversight. This includes changes to the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility (CSR) Committee. These adjustments to board-level committees, involving both independent and executive directors, aim to strengthen the company's internal controls, strategic guidance, and responsiveness to shareholder and stakeholder concerns, which is positive for overall corporate governance.