Simbhaoli Sugars Limited — Important, 13-08-2025: Disclosure of material issue

Simbhaoli Sugars (#SIMBHALS) announces Independent Director Mr. Atul Mahindru has resigned.

**Issue:** An Independent Director is stepping down from the board.

**Impact for Investors:** Mr. Mahindru cited 'professional and personal occupations' as the reason for his resignation, and the company confirmed there are no other material reasons. This is important as it suggests the departure is not due to any underlying governance issues or disagreements, which could otherwise be a red flag for investors. However, maintaining strong independent oversight on the board is always vital.

**Company's Move:** The company has promptly disclosed the resignation as required. Investors should watch for the appointment of a new Independent Director to ensure continued strong governance. #CorporateGovernance #SIMBHALS