Board of Directors of Alok Industries Limited on the recommendation of the Nomination and Remuneration Committee of the Company, in line with the Company's succession planning, has, at its meeting held on 19th July, 2023, approved appointment of Mr. Ram Rakesh Gaur as the Chief Executive Officer of the Company with effect from 20th July, 2023. Reason for change viz., appointment: Appointment is part of the succession plan of the Company. Mr. Ram Rakesh Gaur, aged 68 years, is a Graduate in Agricultural Engineering from University of Udaipur and PGDBA - Marketing from Indian Institute of Management, Ahmedabad.

He has over 40years of rich and varied experience in the areas of sales, marketing, operations and management. He has worked in capacity of Marketing Head, Business Head and Sector Head- Polyester at Reliance Industries Limited (RIL). In his last assignment, he was President - RIL Malaysia Operations.