Vaswani Industries Limited announced that the term of Shri Ashok Kumar Suri as Independent Director of the Company came to an end on 29th October, 2023, having served for 2nd term of 5 years. This is an intimation of the same. Consequent upon his cessation as an Independent Director, committees of the Company have been reconstituted.

Consequent upon Completion of the term of Shri Ashok Kumar Suri the reconstitution of all the Committees w.e.f. November 08, 2023 are as follows: Audit Committee: Yashwant Vaswani Executive Director- Member, Chittaranjan Parida Non-Executive - Independent Director- Member and Rituraj Peswani Non-Executive - Independent Director-Chairperson. Nomination and Remuneration Committee: Satya Narayan Gupta Non- Executive Director- Member, Chittaranjan Parida Non-Executive - Independent Director-Chairperson and Rituraj Peswani Non-Executive - Independent Director- Member. Stakeholders Relationship Committee: Satya Narayan Gupta Non- Executive Director- Member, Chittaranjan Parida Non-Executive - Independent Director- Member and Rituraj Peswani Non-Executive - Independent Director-Chairperson.

Finance and Investment Committee: Yashwant Vaswani Executive Director- Chairman, Chittaranjan Parida Non-Executive - Independent Director- Member and Rituraj Peswani Non-Executive - Independent Director- Member.