Anik Industries Limited announced the unexpected passing of its Whole-Time Director, Mr. Shivam Asthana, on Wednesday, October 29, 2025. The company informed the National Stock Exchange and BSE Limited about this development in compliance with regulatory requirements.

Key Details

Company's Statement

Anik Industries described Mr. Asthana's passing as sudden and unexpected, terming it an "irreparable loss" to the company. The board of directors and employees have conveyed their deep sympathy, sorrow, and condolences to his family.

Impact on the Company

Mr. Asthana had a long association with Anik Industries Limited. The company acknowledged that his vision and leadership during his tenure on the board had immensely benefited the organization. His sudden demise is expected to leave a significant void in the company's leadership.

Regulatory Compliance

In accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Anik Industries has provided the necessary disclosures to the stock exchanges. The company's Company Secretary & Compliance Officer, Ankur Bindal, signed the official intimation.

This unfortunate event marks a significant change in Anik Industries' leadership structure. As the company navigates this loss, stakeholders will be watching closely for any announcements regarding succession plans or interim arrangements to fill the position left vacant by Mr. Asthana's untimely demise.

Anik Industries Limited has announced a significant change in its leadership team. The company's Board of Directors has approved the appointment of Mr. Ankur Bindal as the new Company Secretary and Compliance Officer, effective September 17, 2025.

New Appointment Details

Mr. Bindal brings a wealth of experience and qualifications to his new role:

• Associate member of the Institute of Companies Secretaries of India (Membership No. A57859)
• Over 6 years of professional experience
• Educational background:
  • Bachelor of Commerce in Taxation
  • LLB degree
  • M.Com in Corporate Governance

Board Meeting Outcomes

The board meeting, held on September 17, 2025, from 4:30 PM to 5:20 PM at the company's corporate office, resulted in two key decisions:

1. Appointment of Mr. Ankur Bindal as Company Secretary and Compliance Officer
2. Authorization of Key Managerial Personnel (KMP) to determine the materiality of events and make disclosures to stock exchanges

Corporate Governance Enhancement

This appointment underscores Anik Industries' commitment to strengthening its corporate governance framework. Mr. Bindal's diverse educational background and experience in corporate governance are expected to contribute significantly to the company's compliance and secretarial functions.

About Anik Industries Limited

Anik Industries Limited, with its corporate office located in Indore, Madhya Pradesh, and registered office in Mumbai, operates under the CIN: L24118MH1976PLC136836. The company is listed on both the National Stock Exchange and the Bombay Stock Exchange.

Investors and stakeholders can find more information about Anik Industries Limited on their official website: www.anikgroup.com .

The appointment of Mr. Ankur Bindal marks a new chapter in Anik Industries' corporate journey, potentially enhancing its regulatory compliance and corporate governance practices.