Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, the Company hereby informs that Mr. Ravi Kamra and Mrs. Satyawati Parashar, have completed their term as Independent Director ....
Awaiting price reaction for this filing.
Ashoka Refineries informed BSE that two Independent Directors — Mr. Ravi Kamra and Mrs. Satyawati Parashar — completed their tenure and ceased to be directors with effect from September 30, 2025. Mr. Kamra also stepped down as Chairman of the Audit Committee and Stakeholders Relationship Committee, and from other committee roles. To fill the vacancies, shareholders at the 34th AGM held on September 30, 2025 approved the appointment of Mr. Gaurav Soni (DIN: 11252209) and Ms. Anchal Agrawal as new Non-Executive Independent Directors, effective October 1, 2025.
This is a routine board renewal — no governance red flag or operational disruption is indicated. With successors already appointed, the board maintains its independent director composition with no expected impact on the stock price.