Resignation of Executive Director & Independent Directors.
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Anka India Ltd has informed BSE about five key resignations, all effective March 5, 2026. Two Non-Executive Independent Directors (Mrs. Niti Sethi and Mrs. Ashakishinchand) resigned citing personal reasons. Three others — Whole-time Director Mrs. Sulakashana Trikha, CFO Mr. Manish Pandey, and Company Secretary Mr. Anu Sharma — resigned specifically due to a change in management following the completion of an open offer process under the SEBI Takeover Code on December 23, 2025. The board accepted all resignations at its meeting held the same day. The company confirmed there are no other material reasons for the resignations beyond those stated.
Shareholders should note that three of the five exits are directly linked to a change in control/management after the December 2025 open offer, which is a material governance event. The departure of the CFO and Company Secretary creates a temporary leadership vacuum in finance and compliance, which could create short-term uncertainty. Investors should watch for announcements of new appointments by the incoming management.