Ashoka Refineries Limited announced that Mr. Surendra Singh Sandhu (DIN: 05173140) has completed his term as an Managing Director on September 28, 2023 and consequently ceased to be the Managing Director of the Company with effect from end of day on September 28, 2023. Shareholders of the Company a the AGM held on 29" September, 2023 has inter-alia considered and approved the Appointment of Mr. Hilzul Rahim (DIN: 08491854) as the Managing Director of the company for the period of 3 (three) years effective October 1, 2023 to September 30, 2023.