Akar Auto Industries has informed about the sudden and sad demise of Raghunandanlal Gupta, Chairman and Non-Executive Director of the Company, on Tuesday, 18th May, 2021. Gupta was the Chairman and Non-Executive Director of the Company since incorporation of the Company. Company immensely benefited through his vision and leadership. Gupta's sudden and unexpected passing away will be an irreparable loss to the Company. All the Directors and employees of the Company convey deep sympathy, sorrow and condolences to his family.
The above information is a part of company’s filings submitted to BSE.