Submission of letter regarding cessation as Independent Director
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Mr. Dayaniwas Sharma (DIN: 01761215) has ceased to be a Non-Executive Independent Director of Raj Packaging Industries Ltd upon completion of his first three-year term, which ended on August 31, 2025. He declined reappointment for a second term, citing professional pre-occupation at the Institute of Chartered Accountants of India (ICAI). He confirmed there are no material reasons for his departure beyond those disclosed and holds no directorships in other listed companies. The intimation has been filed with BSE under Regulation 30 of SEBI (LODR) Regulations, 2015, signed by Company Secretary Swarupa Rani K.
This is a routine end-of-term non-renewal of an Independent Director with no governance concerns flagged. The company will need to appoint a replacement Independent Director to comply with board composition requirements under the Companies Act and SEBI LODR. Minimal direct impact on shareholders expected.