Aditya Birla Capital limited informed the Exchange regarding resignation of Mr. Romesh Sobti as Non-Executive (Nominee) Director of the Company w.e.f. June 19, 2025
Awaiting price reaction for this filing.
Mr. Romesh Sobti has resigned as Non-Executive (Nominee) Director of Aditya Birla Capital Limited, effective close of business hours on June 19, 2025. He was originally appointed on January 14, 2021, and re-appointed on August 16, 2024, as a nominee of Jomei Investments Limited. The resignation follows Jomei Investments selling part of its shareholding in the company, which brought its stake below the threshold required to nominate a director. As a result, Jomei lost its nomination rights, and Mr. Sobti stepped down from the board and all committees. The company has filed this intimation with BSE, NSE, and the Luxembourg Stock Exchange as per SEBI Listing Regulations.
This is a routine change with no negative implications for the company. Mr. Sobti's departure is purely procedural, linked to an investor reducing its stake, and does not reflect any governance or performance issues. Investors should note that Jomei Investments has trimmed its holding in Aditya Birla Capital, which may be worth tracking for further changes in shareholding patterns.