Ludlow Jute & Specialities has informed that in compliance with Regulation 21(5) of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, as amended, constitution of Risk Management Committee is applicable on the top 1000 listed entities, and on high value debt listed entities. The Company as on date does not fall in the above limit of top 1000 listed entities, nor is a high value debt listed entity. In the light of the above, the Board of Directors have accorded their approval through a resolution passed by the way of circulation dated 28th February 2025 passed on 28th February 2025 for the dissolution of the Risk Management Committee with effect from 28th February 2025. Further the Audit Committee is entrusted with the responsibility to overview the Risk Management after dissolution of the Risk Management Committee.
The above information is a part of company’s filings submitted to BSE.
