RANE (MADRAS) LTD. - Shareholder Meeting - Change In Board

This is to inform that : (I) the shareholders at the 18th Annual General Meeting held on June 29, 2022, inter-alia, approved the following: (i) Re-appointment of Mr. Ganesh Lakshminarayan as Director, who retires by rotation (ii) Appointment of Ms. Vasudha Sundararaman as an Independent Director (II) Ms. Anita Ramachandran ceases to hold office as an Independent Director effective conclusion of the 18th AGM, upon completion of her second term. The details pursuant to Regulation 30 of SEBI LODR in connection with the above are furnished in the Annexure.