Fraser and Company Ltd — Updates, 22-07-2025: Company Update

Fraser And Company Limited reports that Mr. Durgaprasad Dattaram Prabhu has stepped down as an independent director, effective immediately. He cited the pursuit of new employment opportunities as the reason for his departure, confirming no other material factors. This move alters the board's composition, and the company will likely look to appoint a replacement to ensure its governance framework remains robust.