Shalimar Wires Industries Ltd — Important, 22-07-2026: Company Update

Shalimar Wires Industries Ltd. has provided a clarification regarding the appointment of Mr. Sanjay Kumar Kaushik to its Board. Previously, the company had communicated his appointment as an Additional Director under the Independent Category. The company now states this was an inadvertent error and confirms Mr. Kaushik has been appointed as an Additional Director under the Non-Executive Category. This update clarifies the precise nature of his role and classification on the Board, which is relevant for understanding the company's governance structure.