Key Details of Resignation

  • Director Name: Mrs. Sajja Lakshmi (DIN: 00068991)
  • Position: Non-Executive and Non-Independent Director
  • Effective Date: Close of business hours on August 8, 2026
  • Reason for Resignation: Personal preoccupations and other unavoidable commitments

Additional Roles and Background

Mrs. Sajja Lakshmi served as Chairperson of the Corporate Social Responsibility (CSR) Committee and identified herself as one of the promoters of the Company. She expressed pride in the CSR initiatives undertaken during her tenure.

Procedural Requirements

The resignation letter explicitly requests the Board to arrange for necessary filings, including Form DIR-12, with the Registrar of Companies and the relevant Stock Exchanges as per statutory requirements.

Governance Impact

The resignation results in the vacating of both her Board position and her associated committee roles, specifically mentioning her position on the CSR Committee.

#Tags: #PowerMechProjects #DirectorResignation #SEBIDisclosure #CorporateGovernance #ManagementChange