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

Thakkers Developers announced that Jaman Haridas Thakker has stepped down as a Non-Executive Independent Director. This change is part of a strategic board refreshment initiative by the Independent Directors. The process seeks to ensure continued objectivity, independence, and periodic composition updates for the Board, aligning with evolving governance standards. Mr. Thakker's departure, despite unexpired tenure, supports this transition, bringing fresh perspectives to further strengthen corporate governance practices for the benefit of the company and its stakeholders. The company acknowledged his valuable contributions during his term.