Rapicut Carbides Limited announced that at its board meeting held on February 04, 2022, the board noted cessation of Shri. Dhananjay D. Kanitkar as an Independent Director from the Board of the company with effect from 6th February, 2022 (after closure of business hours) on completion of his second term as an Independent Director; Appointment of Shri. Dhananjay D. Kanitkar as an Additional Non-Executive Non Independent Director on the Board of the company with effect from 07th February, 2022 and decided to seek approval of Members at the upcoming Annual General Meeting; Appointment of Shri.

Atul Ravindra Garg as an Additional and Independent Director on the Board of the company for a term of 2 (Two) years with effect from 07th February, 2022 and decided to seek approval of Members at the ensuing Annual General Meeting.