StarlinePS Enterprises Limited has submitted a regulatory disclosure to BSE Limited regarding the cessation of Mrs. Neha Patel (DIN: 08851139) as an 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, she will also cease to hold all her committee positions, including Chairperson/Member of the Audit Committee, Nomination & Remuneration Committee, Stakeholders' Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee.
The Company received her unwillingness letter dated 20th June, 2026 to get reappointed as an Independent Director after the expiry of her first term. In the letter, Mrs. Patel cited personal reasons, specifically her association with her personal service/job in another organization, which makes it very difficult for her to devote sufficient time to the Company.
She confirmed that there are no other material reasons for her unwillingness beyond those stated in her letter. Additionally, she disclosed that she does not hold any directorships or memberships of board committees in any other listed entities.
The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The required details are provided in Annexure I as per the regulatory format.
The communication was signed by Madhuriben Chhatrola, Company Secretary & Compliance Officer (ACS: 74197), on behalf of StarlinePS Enterprises Limited.