Thakkers Developers Ltd — Important, 01-10-2025: Company Update

Thakkers Developers Limited announced the resignation of Chandrakant Haridas Thakker as a Non-Executive Independent Director. This decision follows a collective agreement among the independent directors to reconstitute the board. The aim is to introduce new perspectives, enhance objectivity, and strengthen the company's corporate governance practices. Mr. Thakker stated his resignation is solely to facilitate this board refreshment, enabling a transition that benefits the company and its stakeholders. This change underscores the company's commitment to evolving governance standards.