RDB Rasayans Limited announced that Pursuant to Regulation 30 read with Part A of Schedule III of the Listing Regulations, informed that the Board noted that Mr. Sharad Kumar Bachhawat (DIN: 05161130) will cease to be an independent Director of the Company with effect from the closure of working hours on March 31, 2024, owing to completion of his tenure of 2(two) consecutive terms of 5(five) years each in accordance with the provisions of section 149 of the Companies Act, 2013 read with Regulation 25(2) of the Listing Regulations. The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2023/123 dated July 13, 2023 is attached herewith.

The Board of the Directors further approved the Reconstitution of the following committees caused due to completion of tenure of Mr. Sharad Kumar Bachhawat and appointment of Mr. Priyam Sen as Non-executive Independent Director with effect from 1st April, 2024: 1. Audit Committee 2. Nomination & Remuneration Committee 3. Stakeholder Relationship Committee 4. Corporate Social Responsibility Committee.