Akshar Spintex Limited has informed the Exchange regarding Resignation of Mr Sohilkumar Patel as Non- Executive Independent Director of the company w.e.f. May 21, 2025.
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Mr. Sohilkumar D. Patel (DIN: 10877535) has resigned from the post of Additional Director in the category of Non-Executive Independent Director of Akshar Spintex Limited, effective May 21, 2025. He cited personal reasons and preoccupations as the reason for his resignation. He confirmed that there are no other material reasons for stepping down beyond what is stated in his resignation letter. Mr. Patel does not hold directorship in any other listed entity. The signed by Harikrushna Chauhan, Chairman cum Wholetime Director of the company.
This is a routine board-level change with no governance red flags. Investors should monitor whether the company appoints a replacement independent director in a timely manner to ensure compliance with minimum board composition requirements.