Key Details of Resignation
- Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916) resigned as Non-Executive Independent Director
- Resignation effective from 30th June, 2026 (after closing of business hours)
- Resignation letter dated 09th June, 2026 received by the company
- Reason stated: personal commitments and increased professional engagements preventing adequate time devotion
- Director confirmed no other material reasons for resignation beyond those stated
Committee Memberships Ceasing
With effect from 30th June, 2026, Mr. Rana will cease to be:
- Member of Audit Committee
- Chairperson of Nomination and Remuneration Committee
- Member of Stakeholders Relationship Committee
- Member of Rights Issue Committee
- Member of Risk Management Committee
Board Action
- Board of Directors placed on record its appreciation for Mr. Rana's valuable contribution and guidance
- Managing Director Venkata Ramana Revuru (DIN: 02809108) signed and submitted the disclosure to BSE
Resignation Letter Details
The resignation letter addressed to the Board of Directors/Company Secretary stated:
- Resignation effective close of business hours on June 30, 2026
- Requested necessary filings with Registrar of Companies, Stock Exchanges, and regulatory authorities
- Offered cooperation for smooth transition limited to matters within knowledge during tenure
- Corporate Office: Hall No-1, M R Icon, Next To Milestone Vasna Bhayli Road, Vadodara, Gujarat 391 410
- Registered Address: Old Nimta Road, Nandan Nagar, Belghoria Kolkata, West Bengal 700 083
Financial Impact
No financial impact quantified in the disclosure.