Raunaq International Limited has disclosed a significant development regarding its Chairman and Managing Director Surinder Paul Kanwar's passport status. The company informed BSE on April 20, 2026 that Kanwar received communication from the Regional Passport Office regarding revocation of his passport, prompting immediate legal action.

Appeal Filed Against Passport Revocation

Acting on legal advice, Kanwar promptly filed an appeal on April 15, 2026 before the competent authority at the Central Passport Office. The appeal seeks two primary reliefs:

Background and Board Position

This development follows the company's previous disclosure dated January 23, 2026, where the Board of Directors considered independent legal opinion regarding Kanwar's citizenship status. The Board concluded that determination of citizenship status lies exclusively with the Central Government and that Kanwar would continue as Chairman and Managing Director until any direction from the Central Government.

Communication with Government Authorities

Kanwar has separately written to key government ministries seeking clarification on his citizenship status:

Company's Commitment to Transparency

The company has emphasized its commitment to maintaining transparency with stakeholders. Kanwar assured the Board that he remains fully mindful of his fiduciary duties and will continue keeping the Board informed of material developments. The company stated it will inform BSE of any material developments as required under applicable laws and regulations.

Regulatory Compliance

This disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Neha Patwal, Company Secretary and CFO, demonstrating the company's adherence to regulatory disclosure requirements during this sensitive matter.

Raunaq International Limited has submitted its quarterly compliance certificate to BSE Limited under SEBI's depositories regulations for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements governing depositories and participants.

Regulatory Compliance Filing

The certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and CFO Neha Patwal submitted the documentation to BSE Limited on April 17, 2026, ensuring compliance with the mandatory quarterly reporting requirements.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar confirmed through its certificate dated April 09, 2026, that no demat requests were received for processing during the quarter ended March 31, 2026.

Company Information

Raunaq International Limited, formerly known as Raunaq EPC International Limited, is listed on BSE with stock code 537840. The company maintains its registered office at 20 K.M., Mathura Road, P.O. Box 328, Amar Nagar, Faridabad, Haryana - 121003.

The quarterly certificate filing represents part of the company's ongoing regulatory compliance framework under SEBI's depositories regulations, ensuring transparency in share transfer and dematerialization processes.