Key Details

Resignation Details

  • Director: Mr. Miteshkumar Ghanshyambhai Rana (DIN: 06770916)
  • Position: Non-Executive Independent Director
  • Effective Date: June 30, 2026 (after closing of business hours)
  • Reason for Resignation: Personal commitments and increased professional engagements, preventing adequate time devotion going forward
  • Additional Confirmation: No other material reasons for resignation beyond those stated

Committee Positions Ceased

Mr. Rana will cease to be:

  • Member of the Audit Committee
  • Chairperson of the Nomination and Remuneration Committee

Current Directorships (Pre-resignation)

Mr. Rana held the following positions before resignation:

1. I Secure Credit & Capital Services Limited - Non-Executive Independent Director

  • Stakeholder Relationship Committee (Member)
  • Audit Committee (Member)
  • Nomination & Remuneration Committee (Chairperson)

2. Wardwizard Healthcare Limited - Non-Executive Independent Director

  • Audit Committee (Member)
  • Nomination & Remuneration Committee (Chairperson)

3. Mangalam Industrial Limited - Non-Executive Independent Director

  • Stakeholder Relationship Committee (Member)
  • Audit Committee (Member)
  • Nomination & Remuneration Committee (Chairperson)
  • Rights Issue Committee (Member)
  • Risk Management Committee (Member)

4. Shayona Engineering Limited - Non-Executive Independent Director

  • Audit Committee (Member)
  • Nomination & Remuneration Committee (Chairperson)

Additional Information

The information will be made available on the company's website at https://www.ayokimerchantile.com