Excel Industries informs about resignation of nominee director

24 Aug 2021 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Para A of Part A of Schedule III to the said Regulations, read with SEBI circular CIR/CFD/CMD/4/2015, Excel Industries has informed that Praveen K. Molri (DIN: 07810173), Nominee Director, representing LIC of India, has stepped down from the position of the Nominee Director of the Company with effect from 20th August, 2021 due to the reasons, which are attached. The resignation letter of P. K. Molri is also attached. The company has received the resignation letter from LIC vide their e-mail dated 23rd August, 2021.

The above information is a part of company’s filings submitted to BSE.

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