COMPLETION OF TERMS OF MR. RAJIV KALRA
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Awaiting price reaction for this filing.
Prime Industries Ltd has informed the stock exchange that Mr. Rajiv Kalra (DIN: 07143336) has ceased to be a Non-Executive Independent Director of the company upon completing his second consecutive five-year term on 30 September 2025. The company has recorded its appreciation for his contributions during his 10-year tenure on the board. Mr. Kalra continues to serve as an Independent Director on the board of Master Trust Limited. The filing was delayed due to a technical server issue.
This is a routine, pre-scheduled exit as the independent director reached the maximum permissible tenure under SEBI rules. It is not expected to materially impact the stock price or operations, though the company will need to fill the vacant independent director position in due course.