Rashi Peripherals Independent Director Resigns

Anil Khandelwal has resigned as an Independent Director from Rashi Peripherals Ltd. effective August 24, 2026. He also resigned from his positions in the Nomination and Remuneration Committee, CSR Committee, and as Chairman of the Stakeholders' Relationship Committee. Khandelwal cited a fundamental divergence in understanding of sound governance and a lack of commensurate progress in strengthening underlying processes and the governance framework as reasons for his resignation. His resignation letter indicates concerns regarding the role and effectiveness of the NRC and commercial assignments involving firms associated with Independent Directors.