Cessation of Mr. Dayaniwas Sharma as Non-Executive Independent Director upon completion of his first term
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Mr. Dayaniwas Sharma (DIN: 01761275) has stepped down as Non-Executive Independent Director of Raj Packaging Industries Ltd upon completion of his first term on August 31, 2025. He expressed unwillingness to be reappointed for a second term, citing professional pre-occupation at the Institute of Chartered Accountants of India (ICAI). He confirmed there are no material reasons other than those disclosed in his letter.
This is a routine, non-controversial end-of-term exit of a single independent director. It should have no material impact on the stock or operations, though the company will need to fill the vacant independent director seat to maintain board composition compliance under SEBI rules.