Aditya Birla Fashion and Retail Limited has informed the Exchange regarding Resignation of Mr. Pankaj Sood as Non- Executive Director - Nominee Director of the company w.e.f. April 02, 2026.
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Mr. Pankaj Sood has resigned from the position of Non-Executive Nominee Director on the board of Aditya Birla Fashion and Retail Limited (ABFRL) effective April 2, 2026. The resignation is effective immediately. In his resignation letter, Mr. Sood cited increased professional responsibilities and commitments requiring significantly more time as the reason for stepping down. The company has disclosed this change under SEBI Listing Regulations, providing the resignation letter and brief details as required. Mr. Sood served as a nominee director, typically representing a specific stakeholder or investor group on the board.
The departure of a nominee director could indicate changes in the composition or representation on the board. As a Non-Executive Director, the immediate operational impact is minimal, but the vacancy may require the board to consider nominating a replacement or restructuring board representation.