Kothari Industrial Corporation Ltd — Important, 31-05-2026: Company Update

Kothari Industrial Corporation Limited announced the resignation of Mr. Ravi Kumar Perumal, a Non-Executive Independent Director, due to personal reasons related to proposed relocation abroad. His departure means he will also cease to be a member of key board committees. To maintain robust corporate governance, the board has reconstituted these committees. Mrs. Priya Rao, another Non-Executive Independent Director, has been appointed to fill his roles in the Audit, Nomination & Remuneration, Stakeholders Relationship (as Chairman), and Risk Management Committees. This ensures continuity in critical oversight functions and board structure.