Raunaq International Ltd — Important, 20-04-2026: Company Update

Raunaq International's Chairman and Managing Director, Mr. Surinder Paul Kanwar, has received communication regarding the revocation of his passport. He has promptly filed an appeal with the Central Passport Office to challenge this decision and seek a stay during the appeal process. The company's Board had previously stated that Mr. Kanwar's citizenship status remains unchanged, and he continues his responsibilities until the Central Government issues a specific order. Mr. Kanwar has reiterated that citizenship determination rests with relevant government ministries and has sought clarification from them. The company will keep stakeholders informed of any material developments.