Outcome of Board Meeting under regulation 30 of SEBI (LODR) Regulation, 2015 for cessation of Independent Director

The Board of Raideep Industries Limited, at its meeting on September 25, 2025, noted the cessation of Mr. Inderbir Singh Chawla as an Independent Director after completing two consecutive five-year terms (10 years total), which is the maximum tenure allowed under SEBI regulations for independent directors. Ms. Parul Singh has been appointed as the new Chairperson of three key committees — Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee — replacing Mr. Chawla. The transition was smooth and the remaining committee members (Ms. Somali Trivedi and Mrs. Paramjit Bhalla) continue unchanged. No reasons other than the regulatory tenure limit have been cited for the cessation.