Raunaq International Ltd — Important, 23-01-2026: Company Update

Raunaq International's Board reviewed a legal opinion regarding Chairman and Managing Director, Mr. Surinder Paul Kanwar's citizenship status. The Board concluded that determining citizenship rests solely with the Central Government. Consequently, until any government order, Mr. Kanwar's Indian citizenship status remains unchanged. This ensures he continues to discharge his responsibilities as Chairman and Managing Director, providing clarity and stability in leadership for shareholders. The company will update on future material developments.