Rajoo Engineers Limited , a prominent player in the manufacturing sector, has announced significant changes to its board composition and committee structure, effective September 23, 2025. The company's board of directors has approved the appointment of Ms. Lakshmi Ramakrishnan as an Additional Director (Independent) for a five-year term, subject to shareholder approval.

Board Changes and Committee Restructuring

The appointment of Ms. Ramakrishnan coincides with the scheduled departure of Mr. Laxman Rudabhai Ajagiya, who will conclude his second five-year term as an Independent Director on September 24, 2025. Following these changes, Rajoo Engineers has reconstituted its key committees:

Audit Committee

• Chairperson: Mr. Sureshchandra Gokaldas Vaja
• Members: Mr. Pratik Rajendrabhai Kothari, CA Jinal Hasmukhbhai Rupani, Dr. Shital Bharatkumar Badshah

Nomination and Remuneration Committee

• Chairperson: Dr. Shital Bharatkumar Badshah
• Members: CA Jinal Hasmukhbhai Rupani, Mr. Pratik Rajendrabhai Kothari, Mr. Sureshchandra Gokaldas Vaja

Stakeholders Relationship Committee

• Chairperson: Mr. Pratik Rajendrabhai Kothari
• Members: Ms. Lakshmi Ramakrishnan, Dr. Shital Bharatkumar Badshah, Mr. Sureshchandra Gokaldas Vaja

The Company Secretary will serve as the secretary for all three committees.

Ms. Lakshmi Ramakrishnan's Profile

Ms. Ramakrishnan brings a wealth of experience to Rajoo Engineers, with over 28 years in the manufacturing, engineering, and retail sectors. Her impressive career includes:

• Served as CEO of Essen Speciality Films Pvt. Ltd. from 2004 to 2020, managing operations with an annual turnover exceeding Rs. 100.00 crores.
• Held positions at reputed organizations such as Ranbaxy Laboratories Ltd., Escorts JCB Ltd., and Secure Meters Ltd.
• Expertise in corporate governance, internal controls, regulatory compliance, and stakeholder engagement.
• Successfully managed audits from global organizations like IKEA, Walmart, SGS, KPMG, and Officeworks (Australia).
• Led initiatives in HR automation, payroll systems, and statutory reporting.
• Represented organizations at national and international trade exhibitions.

Ms. Ramakrishnan holds a Bachelor of Commerce degree and a Post Graduate Diploma in Human Resources. Her appointment is expected to bring valuable insights to Rajoo Engineers' board, particularly in areas of strategic planning, operational execution, and corporate governance.

The board changes and committee restructuring reflect Rajoo Engineers' commitment to maintaining strong corporate governance practices and bringing fresh perspectives to its leadership team. These moves are anticipated to support the company's growth strategy and enhance its position in the manufacturing sector.

Rajoo Engineers Limited has announced a significant strategic move by acquiring a 60% stake in Kohli Printing And Converting Machines Private Limited (Kohli), marking a major step in its inorganic growth strategy and efforts to expand its international presence.

Strategic Acquisition

The acquisition, completed on September 22, 2025, transforms Kohli into a subsidiary of Rajoo Engineers. This move aligns with Rajoo's vision for inorganic growth and is expected to strengthen the company's position in the market by offering comprehensive end-to-end solutions across the value chain.

About Kohli Printing And Converting Machines

Kohli, with a rich history spanning 70 years, specializes in designing and manufacturing precision printing, coating, and laminating machines for premium flexible packaging and other industrial applications. The company, which was originally a partnership firm, transferred its entire business to the current private limited entity upon its incorporation on December 23, 2020.

Financial Implications

While specific financial details of the acquisition were not disclosed, Rajoo Engineers confirmed that the transaction was completed in cash. The cost of acquisition is subject to customary conditions and post-closing adjustments, as per the agreement between the parties.

Industry Synergies

This strategic acquisition is poised to create synergies that will enhance Rajoo Engineers' global reach and potentially improve profit margins. By integrating Kohli's expertise in printing and converting machines with Rajoo's existing portfolio, the combined entity aims to offer a more comprehensive range of solutions to customers in the packaging industry.

Market Performance

For the fiscal year 2024-25, Kohli reported an unaudited turnover of INR 103.05 crore, showcasing its significant market presence and potential for growth under Rajoo Engineers' leadership.

Regulatory Compliance

The acquisition has been executed in compliance with Section 179 (3) (e) & (j) and other applicable provisions of the Companies Act, 2013. Rajoo Engineers has confirmed that no governmental or regulatory approvals were required for this acquisition.

Future Outlook

With this strategic move, Rajoo Engineers is positioning itself for expanded market opportunities and enhanced competitiveness in the global packaging machinery sector. The integration of Kohli's expertise and client base is expected to drive innovation and growth for the combined entity in the coming years.

Investors and industry observers will be keenly watching how this acquisition unfolds and contributes to Rajoo Engineers' long-term growth strategy in the dynamic packaging and converting machinery market.