Independent director Shantilal Haria resigns from G.M. Breweries board

G.M. Breweries Limited announced the resignation of Shantilal Haria from his position as an independent director, effective October 15, 2025. Mr. Haria’s departure is attributed to "preoccupations" and has been formally accepted by the company’s board of directors. The company plans to appoint a successor shortly and will notify the stock exchanges accordingly.

The announcement, made on October 16, 2025, to both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited, follows regulatory requirements. Mr. Haria confirmed that his resignation was solely due to his preoccupations and that there were no other material reasons.

Mr. Haria also served on various committees of the company. His directorship in other listed companies includes Cineline India Limited. The company expressed gratitude for his contributions during his tenure.