Gayatri Sugars Limited has announced the passing of Mr. Raghuraj Suresh Bhalerao, an Independent Director.

He had been a valuable member of the Board since November 2016, contributing significant guidance and expertise to the company's strategic direction and oversight.

His demise creates an immediate vacancy on the Board, which could impact board composition and future governance.

The company acknowledged his invaluable services and expressed condolences, highlighting the loss of an experienced director.

This event requires the company to address the vacant independent directorship.