SPEL Semiconductor Limited Director Resignation Disclosure
Key Event Details
- Resignation: Mr. Ramanujam Venkatesh (DIN: 07242631) has resigned as Independent Director of SPEL Semiconductor Limited.
- Effective Date: Resignation takes effect from October 16, 2026.
- Reason for Resignation: Personal reasons as stated in the resignation letter.
- Committee Impact: Concurrently ceases to be Chairperson of the Audit Committee effective close of business hours on October 16, 2026.
Director Profile Information
Mr. Ramanujam Venkatesh is an Associate Member of the Institute of Chartered Accountants of India and holds a B.Sc. in Physics (First Class) from University of Madras. His professional background includes:
- CFO at L&T Hydrocarbon Engineering Ltd (May 2015-May 2017) with board positions in seven subsidiaries
- Vice President - (F&A) International Finance at L&T Hydrocarbon Engineering Ltd (Jun 2014-Apr 2015)
- CFO at L&T Shipbuilding Ltd (Oct 2012-Jun 2014)
- Various financial leadership roles within Larsen & Toubro Limited from October 2007 to July 2019, last serving as Vice President-Indirect Tax (Construction Services)
Regulatory Compliance Details
- SEBI Circular Reference: Compliance with SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023
- Other Directorships: The director holds no directorships in other listed entities (disclosed as "NIL")
- Material Reasons Confirmation: The resigning director provided confirmation that there are no other material reasons for resignation beyond personal reasons
Documentation
- Formal resignation letter enclosed with the filing
- Annexure A provides complete details as required by SEBI regulations