Graphite India Limited has informed the Exchange about General Updates
GRAPHITE · price
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Mr. Gaurav Swarup, an Independent Director of Graphite India, completed his second consecutive five-year term on 10 August 2025 and has vacated the board. As a result, he has also ceased to be a member of the Audit Committee. The Audit Committee has been reconstituted effective 11 August 2025 with four members: Sridhar Srinivasan (Independent, Chairperson), A V Lodha (Non-Independent), Sudha Krishnan (Independent), and Debanjan Mandal (Independent). The disclosure is filed under SEBI LODR Regulation 30. The change is driven by the regulatory cap on two consecutive terms for Independent Directors and is a routine governance event.
Shareholders should note this is a routine, regulatory-driven change rather than a governance concern. The Audit Committee retains adequate Independent Director representation (3 out of 4 members), maintaining compliance with listing norms.