CMD's Passport Revocation Appeal Dismissed

Raunaq International Ltd announced that its Chairman and Managing Director, Mr. Surinder Paul Kanwar, had his appeal against the revocation of his passport dismissed by the Ministry of External Affairs. The order was received on July 29, 2026. Mr. Kanwar believes the appeal was disposed of without a fair hearing, contrary to the Passports Act. He is taking steps to file a rectification application and has assured the board of his continued fiduciary duties. The company will provide further updates on material developments.