Resignation of Mr. Ambramoli Purushothaman, Independent Director w.e.f 27-11-2025.
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Abate As Industries Ltd has informed the stock exchange that Mr. Ambramoli Purushothaman (DIN: 07706484) has resigned from his position as Independent Director of the company, effective November 27, 2025. He cited personal reasons and unavoidable circumstances for stepping down, and confirmed there are no other material reasons behind his exit. The company has also stated that the outgoing director does not hold directorship or board membership in any other listed entity. The Board of Directors has placed on record their appreciation for his contributions during his tenure. The required disclosures under SEBI Listing Regulations have been attached as annexures to the intimation.
The company will need to fill the vacant Independent Director position to maintain statutory board composition requirements. For shareholders, this appears to be a routine personal resignation with no governance red flags or material concerns disclosed, so the impact on the stock is expected to be minimal.