Olympia Industries Ltd — Updates, 25-07-2025: Company Update

Olympia Industries has announced significant changes to its board composition. Two Independent Directors, Mr. Pravin Kumar Shishodiya and Mr. Naresh Parsharam Waghchaude, concluded their second five-year terms and have stepped down. Concurrently, shareholders approved the appointment of Mr. Ritesh Gupta and Mr. Kamlesh Joshi as new Non-Executive Independent Directors for a five-year period. The company clarified a minor delay in publicly filing the cessation notice, explaining that the electronic filing was timely, but the PDF version was inadvertently missed due to an internal process oversight. The company is enhancing its internal compliance systems.