We regret to inform sad demise of Shri Ashokkumar Ratilal Parel, Independent Director of the Company.
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Ahasolar Technologies has informed the stock exchange about the sudden and unexpected demise of Mr. Ashokkumar Ratilal Patel (DIN: 09451821), an Independent Director of the company, on December 13, 2025. The intimation was made to the exchange on December 15, 2025 after the family informed the company. With his passing, he has ceased to be the Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee and the Stakeholders' Relationship Committee. The Board and employees have conveyed deep condolences to his family.
The company has lost an Independent Director and will need to fill the resulting vacancy on the Board and three key committees to maintain regulatory compliance, though this is unlikely to materially affect the company's operations or stock price.