Cessation of Mr. Rhythm Garg (DIN : 02881514), due to completion of second term of appointment as an Independent director of the company w.e.f. April 12, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Rhythm Garg (DIN: 02881514) ceased to be an Independent Director of Anna Infrastructures Limited with effect from the close of business hours on April 12, 2025, as his second consecutive 5-year term came to an end. The Board placed on record its appreciation for his contributions during his tenure. Following this cessation, the company reconstituted four board committees — Audit, Nomination & Remuneration, Stakeholder Relationship, and Independent Director — with new compositions. The company still has three Independent Directors on its board (Mr. Vivek Agarwal, Mr. Prashant Surana, and Mrs. Nidhi Jalan), keeping it compliant with independent director requirements.
This is a routine, planned governance transition with no negative implications. The board retains adequate independent representation and all committees are properly reconstituted, so shareholders are unlikely to see any meaningful impact on the stock price.