ROMLNSERaj Oil Mills LimitedHighNegative
Announced Thu, 7 Aug · 13:04 IST

Raj Oil Mills Limited has informed the Exchange regarding Resignation of Mrs Needa Altaf Mukhi as Executive Director of the company w.e.f. August 06, 2025.

Kmp ResignedMultiple Ind Directors ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raj Oil Mills Limited has informed the stock exchanges about the resignation of two Whole Time Directors with effect from the close of business hours on August 6, 2025. Mr. Humayun Ahmed Shafi Ahmed Shaikh (DIN: 00254836) resigned citing personal pre-occupations and also stepped down from the Audit Committee. Mrs. Needa Altaf Mukhi (DIN: 07664451) resigned citing personal reasons. Both directors confirmed in their resignation letters that there are no other material reasons for their exit. The company has submitted the resignation letters along with the disclosure under SEBI's Listing Regulations.

Likely market impact

The simultaneous exit of two Whole Time Directors, one of whom also held an Audit Committee seat, is a notable governance event that investors should monitor. Shareholders should watch for timely appointments to fill these board positions and reconstitution of the Audit Committee to ensure compliance and continuity of operations.