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

Thakkers Group Limited announces that Dhimant Nathalal Kakkad has stepped down as Non-Executive Independent Director. This change stems from an initiative by the company's Independent Directors to reconstitute the board's independent panel. The goal is to enhance objectivity, independence, and introduce fresh perspectives, thereby strengthening corporate governance practices and ensuring a refreshed board composition. Mr. Kakkad's departure facilitates this strategic transition, and he has confirmed there are no other material reasons for his resignation. This move underscores the company's commitment to evolving its governance framework.