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ACKnit Industries has withdrawn a key resolution intended for its upcoming 36th Annual General Meeting. The resolution proposed the re-appointment of Mr. Shankar Lal Bajaj as an Independent Director for a second five-year term. However, due to the unfortunate passing of Mr. Bajaj, this resolution has become void. As a result, shareholders will not consider or vote on his re-appointment at the AGM. The company will proceed with necessary adjustments to the AGM agenda and related documents, ensuring transparency for investors.