Announced Fri, 19 Jun · 11:48 IST
Independent Director Rajan Wadhera resigns citing personal reasons
Management Changes View source PDF
AJAXENGG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹560.10
prior close
₹550.00
base price
In-mkt
timing
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AI summary
Mr. Rajan Wadhera (DIN: 00416429) has resigned as Non-Executive Independent Director of Ajax Engineering, effective close of business on June 18, 2026, citing personal reasons. He also stepped off the Audit, Nomination and Remuneration, and Stakeholder Relationship Committees. The Board recorded appreciation for his service. He also serves on the boards of Ask Automotive and GNA Axles. He confirmed there are no other material reasons for his exit.
Likely market impact
Routine independent director exit for personal reasons; unlikely to affect operations or financials but a board vacancy will need to be filled.