OTCO International Ltd — Updates, 13-08-2025: Company Update

OTCO International Limited announced that Mr. Shaine Sunny Mundaplakkal has resigned as an Independent Director of the company due to his preoccupation. His resignation is effective immediately. This change alters the composition of the company's board of directors. Independent directors are crucial for maintaining governance oversight and ensuring diverse perspectives. The company confirmed there are no other material reasons for his departure besides his stated preoccupation. This update is important for shareholders as it reflects a change in the company's leadership structure.