Company Update

Akar Auto Industries Ltd. has announced the resignation of Mr. Radhyeshyam Rathi from the position of Company Secretary and Compliance Officer due to personal reasons, effective end of working hours on June 19, 2025. Mr. Rathi, who has served the company for around nine years, expressed gratitude for the opportunities provided and cited the need for new challenges and growth as reasons for his departure.

The company acknowledged his contributions and will address his resignation in the upcoming Board meeting.

This change marks a key management update impacting compliance and corporate governance functions.