Alka India Limited has issued a communication to BSE regarding the delay in submitting the resignation letters for the suspended management members. The company acknowledges the inadvertent delay in filing the resignation letters within the prescribed timeline, as per the Securities and Exchange Board of India (SEBI) regulations and circulars.

The company has explained that the delay was due to an unintentional oversight, for which they have sincerely apologized. Measures are being implemented to ensure that such delays do not recur in the future. Alka India Limited has also confirmed its commitment to adhere strictly to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related guidelines.

The communication specifies the management changes that have taken place, with several key directors having resigned following the approval of the Resolution Plan by the Hon'ble NCLT, Ahmedabad Bench. These members, who were part of the suspended board, are deemed to have resigned as of 18th February, 2025. Their resignation details and letters are included in the annexure.

The specific individuals affected by this change include:

• Ashok Ramswroop Panchariya: Non-Executive Independent Director

• Satish Ramswroop Panchariya: Managing Director

• Ramakant Gokulchand Sharma: Executive Director

• Alok Jain: Non-Executive Independent Director

• Hiramani Babulal Sharma: Non-Executive Independent Director

• Mohammed Hashim Ansari: Non-Executive Independent Director

• Heena Bedi: Company Secretary

These directors' resignations are due to the NCLT-approved Resolution Plan, which deems their resignation as effective from 18th February, 2025. The letters of resignation and the reasons for resignation have been attached, as required by SEBI guidelines.

As per the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155, the company also submitted detailed reasons for the delay in uploading this information on its website, citing maintenance issues.

Alka India Limited has assured BSE of its commitment to fulfilling regulatory requirements and will ensure such issues are avoided in the future. The company has also requested BSE to take note of the disclosure and include it in their records.

In closing, Alka India Limited has reinforced its dedication to complying with all relevant regulations and providing transparent and timely disclosures moving forward. The company’s governance and compliance processes are being strengthened to avoid any future lapses.

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