RCI Industries & Technologies Ltd — Important, 29-10-2025: Company Update

The company's Monitoring Committee has approved significant changes to its leadership structure, aligning with the NCLT-approved Resolution Plan. Three new Non-Executive, Non-Independent Directors – Mr. Madan Mohan, Mr. Rakesh Garg, and Mr. Pranav Singla – have been appointed. Concurrently, the Managing Director, three other directors, and the Company Secretary & Compliance Officer have ceased their positions. These appointments bring fresh leadership, including professionals with extensive steel industry experience, crucial for driving the company's strategic direction and ensuring the successful execution of its resolution plan.