Futuristic Solutions Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of Mr. Abhishek Kaushal (DIN: 07350014) from his position as Independent Director of the company.
The resignation was tendered via letter dated July 15, 2026 and took effect immediately from the same date. Mr. Kaushal cited personal reasons as the sole cause for his resignation and confirmed he has no claims against the company.
As a result of his resignation, Mr. Kaushal has stepped down from all Board committees where he served as a member, specifically:
- Audit Committee (Member)
- Stakeholders' Relationship Committee (Member)
- Nomination and Remuneration Committee (Member)
The Board of Directors is scheduled to formally note this resignation at its meeting on July 20, 2026. The notice for this board meeting was issued prior to receipt of the resignation letter.
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and includes additional information required under Schedule III-Part A(7B) of the regulations, as well as SEBI Circulars Ref. No.CIR/CFD/CMD/4/2015 dated September 9, 2015 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The submission includes two annexures:
- Annexure A: The full resignation letter from Mr. Abhishek Kaushal
- Annexure B: Required disclosures confirming no material reasons other than personal reasons for resignation
The communication was signed by Jagrati Rathi, Company Secretary & Compliance Officer (ICSI Membership no. ACS3%), on behalf of Futuristic Solutions Limited.