The Company hereby submits resignation of Mr. Virendra Singh Verma from the position of Non-Executive Independent Director of the Company.
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Mr. Virendra Singh Verma (DIN: 07843461) has resigned as Non-Executive Independent Director of Aerpace Industries Ltd, effective from the close of business hours on June 9, 2026. The reason given is health-related and medical concerns that prevent him from effectively discharging his duties. He will also cease to be a member of the company's Audit Committee and Nomination & Remuneration Committee. He confirmed there are no other material reasons behind the resignation. He continues as an Independent Director on the board of Reliance Infrastructure Limited.
Independent Directors play a key oversight role, so this resignation may slightly weaken the board's audit and remuneration oversight in the short term. The company will need to appoint a replacement Independent Director within the timeline required by SEBI rules to stay compliant. For shareholders, this is a routine personnel change with no governance red flags or impact on business operations expected.