Alok Industries has informed that Ram Rakesh Gaur, Chief Executive Officer of the Company will be taking up a new role within the group and consequently, he shall cease to be the Chief Executive Officer of the Company with effect from close of business hours of March 31, 2024. A copy of letter received from Ram Rakesh Gaur is attached. The Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee, at its meeting held today, on March 28, 2024, has appointed Harsh Bapna as Chief Executive Officer and Key Managerial Personnel of the Company with effect from April 01, 2024. Harsh Bapna, aged 70 years, is a Graduate in Commerce from Commerce College, Jhalwar and Master’s in Commerce – Business Administration Management from Rajasthan University. He has over 40 years of rich and varied experience in textile manufacturing and marketing. He has worked in the capacity of Marketing Head and Strategic Business Unit Head - Polyester at Reliance Industries Limited (RIL). He has also worked with companies like Wellknown group, Mafatlal, RSWM and ONGC in the past. The meeting of the Board of Directors concluded at 1:05 pm.
The above information is a part of company’s filings submitted to BSE.