StarlinePS Enterprises Limited has submitted a regulatory disclosure to BSE Limited regarding the cessation of Mrs. Neha Patel (DIN: 08851139) from her position as Independent Director of the company. The cessation is effective from 30th June, 2026 (after close of the day) upon completion of her first term of five consecutive years.

Consequently, Mrs. Patel will also cease to be the Chairperson/Member of the Audit Committee, Nomination & Remuneration Committee, Stakeholders' Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee of the company.

The board of directors has placed on record their appreciation for her valuable contribution and guidance during her tenure.

The disclosure includes Annexure I with details required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, referencing SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details from Annexure I:

  • Reason for change: Cessation as an Independent Director upon completion of first term
  • Date of cessation: w.e.f. 30th June, 2026 (close of the day)
  • Debarment status: Not applicable (not debarred from directorship)
  • Resignation details: Unwillingness letter enclosed
  • Other directorships: NIL (no directorships in other listed entities)
  • Material reasons confirmation: Mrs. Patel confirmed no other material reasons beyond those mentioned in her letter

Resignation Letter Details:

Mrs. Neha Patel submitted an unwillingness letter dated 20th June, 2026, expressing her decision not to seek reappointment as Independent Director after the expiry of her first term on 30th June, 2026. The stated reason is her association with personal service/job in another organization, making it difficult to devote sufficient time to the company.

She confirmed there are no other material reasons beyond this and that she does not hold directorship or board committee membership in any other listed entity. The letter includes expressions of gratitude to the board and management for their support during her tenure.

Financial Impact:

No financial impact quantified in the disclosure.