Praveg Ltd — Important, 28-02-2026: Company Update

Praveg Limited announced a change in its board composition as Mr. Keyoor Madhusudan Bakshi resigned from his position as an Independent Director. He stated advancing age and other commitments as reasons for not seeking reappointment for a second term. Both the company and Mr. Bakshi confirmed there are no other material reasons for his departure. This move updates the board's structure, a key aspect of corporate governance for shareholders.