Shivalik Rasayan Limited — Others, 12-08-2025: Change in Director(s)

Shivalik Rasayan has announced a significant change in its board composition. Mr. Ashwani Kumar Sharma, previously an Executive Director, has been re-categorized as a Non-Executive, Non-Independent Director. This transition, approved by the Board and subject to shareholder approval at an upcoming General Meeting, shifts his role from active operational management to a more strategic oversight capacity. This move impacts the company's governance structure, potentially indicating an evolution in the board's focus from day-to-day operations to broader strategic guidance. Shareholders should observe this shift in board dynamics.