Raj Oil Mills Limited has informed the Exchange regarding Resignation of Mr Humayun Ahmed Shafi Shaikh 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, Mr. Humayun Ahmed Shafi Ahmed Shaikh (DIN: 00254836) and Mrs. Needa Altaf Mukhi (DIN: 07664451), both effective from the close of business on August 6, 2025. Mr. Humayun cited personal pre-occupations and also stepped down from the Audit Committee. Mrs. Needa cited personal reasons. Both directors confirmed there are no other material reasons behind their exit. The company has enclosed their resignation letters as required under SEBI disclosure norms. No replacement appointments have been announced in this filing.
The simultaneous exit of two Whole Time Directors is a notable governance change for this small-cap company and may raise short-term questions about management continuity. Shareholders should watch for any forthcoming announcements about board reconstitution or new appointments.