JINDAL COTEX LTD. - Announcement under Regulation 30 (LODR)-Change in Management

We wish to inform you that Board of Directors of the Company at their meeting held today i.e., Saturday, 06th July, 2024 based on the recommendation of the Nomination & Remuneration Committee and subject to the approval of the Members of the Company at the ensuing Annual General Meeting, have approved the proposal for re-appointment of Mr. Kanik Sharma (DIN: 08499593), as an Independent Director of the Company, for a second consecutive term of five years w.e.f. from 08.07.2024. The details as per the requirement of Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 read with SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is given in Annexure-I. The Board meeting commenced at 04.00 P.M. and concluded at 04:30 P.M