Kothari Industrial Director Ravi Kumar Resigns

Key Event Details

Mr. Ravi Kumar Perumal (DIN: 09683689) tendered his resignation from the position of Non-Executive Independent Director of Kothari Industrial Corporation Limited via letter dated May 10, 2026. The stated reason for resignation is personal reasons, specifically his proposed relocation abroad.

Effective Date

The resignation is effective from the close of business hours on May 30, 2026.

Committee Impact

Consequently, Mr. Perumal ceased to be:

• Member of the Audit Committee
• Member of the Nomination and Remuneration Committee
• Chairman of the Stakeholders Relationship Committee
• Member of the Risk Management Committee

Committee Reconstitution Details

The Board reconstituted all four committees in accordance with applicable regulatory requirements:

Audit Committee

• Chairman: Mr. Gnanasambandam Venkatraghavan (Non-Executive Independent Director)
• Member: Mrs. T.A. Rajalaxmi (Non-Executive Non-Independent Director)
• Member: Mrs. Priya Rao (Non-Executive Independent Director) [new appointment replacing Mr. Perumal]

Nomination and Remuneration Committee

• Chairman: Mr. Gnanasambandam Venkatraghavan (Non-Executive Independent Director)
• Member: Mrs. T.A. Rajalaxmi (Non-Executive Non-Independent Director)
• Member: Mrs. Priya Rao (Non-Executive Independent Director) [new appointment replacing Mr. Perumal]

Stakeholders Relationship Committee

• Chairman: Mrs. Priya Rao (Non-Executive Independent Director) [new chairman replacing Mr. Perumal]
• Member: Mrs. T.A. Rajalaxmi (Non-Executive Non-Independent Director)
• Member: Mr. Gnanasambandam Venkatraghavan (Non-Executive Independent Director)

Risk Management Committee

• Chairman: Mr. Rafiq Ahmed (Executive Chairman and Managing Director)
• Member: Mrs. T.A. Rajalaxmi (Non-Executive Non-Independent Director)
• Member: Mrs. Priya Rao (Non-Executive Independent Director) [new appointment replacing Mr. Perumal]
• Member: Mr. V. Anand (CFO)