Ashoka Refineries Ltd — Important, 01-10-2025: Company Update

Ashoka Refineries announced changes to its Board of Directors. Independent Directors Mr. Ravi Kamra and Mrs. Satyawati Parashar concluded their terms. Mr. Kamra also ceased being Chairman of the Audit and Stakeholders Relationship Committees, and a member of the Nomination & Remuneration and Finance & Investment Committees. Mrs. Parashar stepped down from her roles on the Audit and Nomination & Remuneration Committees. The company has already appointed Mr. Gaurav Soni and Ms. Anchal Agrawal as new Non-Executive Independent Directors. This transition ensures continued governance and board oversight, maintaining independent director strength on key committees.