APM Industries Limited announced that Shri Ram Ratan Bagri has stepped down from the position of Non-Executive Independent Director of the Company with effect from close of business hours on December 04, 2023 due to age criteria and wish to devote his time and energy to manage his own health, business and affairs as mentioned in his resignation letter of the even dated December 04, 2023. Consequently, he shall also cease to be a Member of the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee of the Company.