Key Event Details

Mr. Rajan Wadhera (DIN: 00416429) tendered his resignation as Non-Executive, Independent Director of the company via letter dated June 18, 2026. The resignation became effective from the close of business hours on June 18, 2026. The stated reason for resignation was personal reasons.

Governance Impact

As a result of his resignation, Mr. Wadhera ceased to be a member of three board committees: the Audit Committee, the Nomination and Remuneration Committee, and the Stakeholder Relationship Committee.

Director Confirmation

Mr. Wadhera provided confirmation that there are no material reasons for his resignation other than the personal reasons mentioned in his resignation letter.

Other Directorships

The disclosure notes that Mr. Wadhera holds directorships in two other listed companies: Ask Automotive Limited and GNA Axles Limited. He serves as member of the Risk Management Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee at Ask Automotive Limited, and as member of the Audit Committee at GNA Axles Limited.

Document References

The filing includes Annexure-I with the detailed disclosure format required under Regulation 30 and Schedule III of SEBI Listing Regulations, and Annexure-II containing the actual resignation letter from Mr. Wadhera.

#Tags: #AjaxEngineering #SEBIDisclosure #RegulatoryCompliance #Governance #DirectorResignation #Neutral