Reconstitution of Committees of the Board of Directors.
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Suraj Industries Ltd has reconstituted six board committees — Audit Committee, Nomination & Remuneration Committee, Stakeholders' Relationship Committee, Right Issue Committee, Investment Committee, and Preferential Allotment Committee — effective June 17, 2025, via a board resolution passed by circulation on June 12, 2025. Mr. Sanjeev Mitla, an Additional Independent Director, has been named Chairperson of the Audit, NRC, and Stakeholders' Relationship committees. Managing Director Mr. Suraj Prakash Gupta continues as a member on the Stakeholders' Relationship, Right Issue, Preferential Allotment, and Investment committees. Nominee Director Mr. Sanjay Kumar Jain and Independent Director Mrs. Pooja Solanki are also part of the reconstituted panels. No director has resigned or been newly appointed — only committee roles have been reshuffled.
This is a routine governance housekeeping change with no direct impact on shareholders. The presence of active Right Issue and Preferential Allotment committees signals the company may be preparing for a capital raise in the near term, which investors should watch for.