The re-constitution of Audit Committee, Nomination & Remuneration Committee and Stakeholder Relationship Committee as approved by Implementation and Monitoring Committee is attached herewith.
Awaiting price reaction for this filing.
Dharti Proteins Ltd (formerly Devika Proteins Ltd) has reconstituted three key board committees — Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee — following an NCLT order dated 18 November 2025. The committees were constituted by the Monitoring Committee at its meeting on 3 December 2025. Three Additional Non-Executive Independent Directors — Ms. Poorva Jain, Ms. Shubhangi Janifer, and Ms. Chitra Naraniwal — have been appointed across all three committees, with the Company Secretary & Compliance Officer Ms. Twinkle Bipinchandra Gajjar also added to the Audit Committee. The filing has been signed by Mr. Amrish Gandhi in his capacity as Resolution Professional, indicating the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP).
This is a procedural governance step required under CIRP and does not directly affect operations or shareholder value in the short term. However, it confirms the company remains under insolvency resolution, which remains the key overhang for shareholders awaiting clarity on revival, resolution plan approval, or liquidation outcome.