Shashank Traders Ltd — Important, 06-05-2026: Company Update

Shashank Traders Limited announced the cessation of Mr. Keval Mahendra Bhai Shah and Ms. Hansa Mehta as Directors. Their Director Identification Numbers (DINs) were deactivated due to non-filing of required KYC documents. This action was necessary to ensure smooth regulatory compliance, especially considering the company's current open offer for acquiring shares. Maintaining directors with deactivated DINs was not feasible amidst the ongoing compliance needs related to the open offer, making this cessation crucial for the company's operations and adherence to guidelines.