Archidply Decor Limited submitted a regulatory disclosure to the Bombay Stock Exchange Limited and National Stock Exchange of India Ltd regarding the resignation of Mr. Kukkehalli Raviraj Hegde (DIN: 08693808) from his position as Independent Director of the Company.
The resignation was tendered via letter dated September 9, 2026, and received by the Company on the same date. Mr. Hegde cited personal health reasons as the cause for his resignation and requested to be relieved from his duties as Director of the Company.
The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and SEBI Circular bearing Ref. No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Key Details:
- Date of Cessation: September 9, 2026
- Reason for Resignation: Personal health reasons
- Director Identification Number (DIN): 08693808
- Confirmation: Mr. Hegde confirmed there are no other material reasons for his resignation beyond those stated
- Regulatory References: Regulation 30, Schedule III - Para A (7B) of Part A of SEBI LODR Regulations
Company Action:
The Company will take necessary steps regarding the cessation of Mr. Hegde as Independent Director and consequential changes in the composition of the Board Committees in accordance with the applicable provisions of the Companies Act, 2013 and SEBI LODR Regulations.
Submission Details:
Financial Impact:
No financial impact quantified in the disclosure.