Change in Director / Key Managerial Personnel

  • Nature of change: Appointment of Mr. Ramkumar Lakshminarayanan (DIN: 00090089) as an Independent Director (Non-Executive)
  • Effective date: July 01, 2026
  • Term of appointment: July 01, 2026 to April 08, 2031 (approximately 4 years 9 months)
  • Approval process: Based on recommendations of Nomination & Remuneration Committee and approved by Board of Directors at meeting held on June 30, 2026. Subject to shareholder approval at the ensuing 22nd Annual General Meeting

Brief Profile and Qualifications:

  • Ramkumar Lakshminarayanan holds an MBA from IIM Ahmedabad
  • Over 3 decades of experience in senior roles in corporates
  • Former Managing Director of Tube Investments of India Ltd (retired from full-time role in August 2018 after over 10 years in position)
  • Previously served as CFO of Tube Investments of India before moving to business role
  • Experience in sectors including bicycles, auto industry supply chain, industrial products (gearboxes, gears, chains, belts), polymer products, telecom cables, and optical fiber

Current Directorships:

  • Board of Igarashi Motors India Ltd
  • Board of Wendt India Ltd
  • Independent Director of Ambadi Investments Limited
  • Acting Chair & Member of the Board of Governors of IIM Bodhgaya
  • Member of the Executive Committee of The Chennai Angels (TCA) network
  • Mentor to startups at TCA and IITM Incubator Cell

Relationships between directors: None disclosed

Compliance Confirmation:

  • Director affirmed he is not debarred from holding office by virtue of any SEBI Order or any other authority
  • Compliance with SEBI Letter dated June 14, 2018 read along with Exchange Circular dated June 20, 2018

Meeting Details:

  • Board meeting commenced at 17:30 hours and concluded at 18:22 hours (IST) on June 30, 2026

Key Financial or Operational Approvals

No financial or operational approvals mentioned in this disclosure.

Strategic or Business Context

No strategic or business context provided in this disclosure.

Any Other Material Information

  • Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026
  • Company Scrip Code: 532661 (BSE), Symbol: RML (NSE)