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.
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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.
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.