Intimation regarding completion of second term of Dr. Ajay Ishwarlal Ranka as an Independent Director of the Company.
20MICRONS · price
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20 Microns Limited has informed the stock exchanges that Dr. Ajay Ishwarlal Ranka (DIN 01676073) has completed his second and final five-year term as an Independent Director of the company. Consequently, he ceased to be a Director of the company with effect from the close of business hours on September 24, 2025. The Board has recorded its appreciation for his contributions during his tenure. This is a routine regulatory disclosure under SEBI Listing Regulations and does not indicate any governance concern or sudden exit.
This is a routine, expected end-of-tenure transition and is unlikely to have any material impact on the stock price or shareholders. The company will need to appoint a new Independent Director in due course to maintain the required board composition under SEBI norms.