Shivalik Rasayan Limited has informed the Exchange regarding Change in Director(s) of the company.
SHIVALIK · price
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Shivalik Rasayan Limited has informed the exchanges that Mr. Ashwani Kumar Sharma's role on the board has been changed from Executive Director to Non-Executive, Non-Independent Director, effective August 12, 2025. The change was approved in a board meeting held the same day and is subject to shareholder approval at the upcoming general meeting. Mr. Sharma, a graduate with experience in supply chain management, is not related to any other director and is not debarred by SEBI or any authority from holding office. He remains on the board but in a non-executive capacity going forward.
This is a routine board category change and not a resignation or removal — Mr. Sharma continues as a director. For shareholders, the main implication is that the company will have one fewer executive director on the board, with the change pending member approval at the next general meeting.