Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), this is to inform that Dr. Sanjeev Kumar (DIN: 00364416) ....
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Raunaq International Ltd has informed the BSE that Dr. Sanjeev Kumar (DIN: 00364416) has stepped down as a Non-Executive Independent Director of the company with effect from the close of business hours on July 29, 2025. The reason for his cessation is the completion of two consecutive terms of five years each as an Independent Director, in line with regulatory norms. The disclosure has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. No other details such as a brief profile or inter-director relationships were applicable in this case.
This is a routine, regulation-driven exit and not a sudden or contentious resignation, so it is unlikely to have any material impact on the stock price or shareholder value. The company will need to fill the vacant Independent Director seat within the timelines prescribed under SEBI rules.