The resignation was tendered due to Mrs. Gautam's inability to devote sufficient time and attention required for the responsibilities of the office on account of her existing commitments and workload.
Key Details from Annexure-A Disclosure:
- Name: Mrs. Vineeta Gautam
- Reason for Change: Resignation due to inability to devote sufficient time and attention
- Date of Cessation: 18th June, 2026
- Debarment Status: Not debarred from holding office of Director by virtue of SEBI order
- Current Directorships: Serves as Independent Director on the Board of Cellecor Gadgets Limited
- Committee Memberships: Member of the Nomination and Remuneration Committee and the Audit Committee at Cellecor Gadgets Limited
- Material Reasons Confirmation: Mrs. Gautam confirmed there are no material reasons for her resignation except those stated in her resignation letter
Resignation Letter Details:
Mrs. Vineeta Gautam's resignation letter dated 18th June 2026 stated her decision to step down to reduce her workload. She expressed appreciation for the opportunity to contribute to the company's growth and governance during her tenure.
The Board of Directors placed on record its sincere appreciation for Mrs. Gautam's valuable contributions, guidance, and support during her tenure as Independent Director.