Sakthi Sugars has informed that Abhishek Kumar has been nominated by Asset Reconstruction Company (India) (ARCIL) as its Nominee Director on the Board of Directors of the Company in the place of Jigar Dalal effective from 5th August 2021, through ARCIL's letter dated 6th August 2021. Abhishek Kumar is a director nominated by ARCIL. He holds position as Vice President in ARCIL and has expertise in the functional area of finance. Abhishek Kumar is not related to any of the Directors of the Company. This information is given pursuant to the requirement of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.