Resignation of Mr. Rahul Nim from the Post of Non Executive Director and Mr. Kunj Bihari Soni from the Post of Executive Director of the Company
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Ardi Alliances Ltd (BSE: 504370) informed the stock exchange on July 25, 2025 that two directors have resigned from the board with immediate effect. Mr. Rahul Nim (DIN: 10042539) stepped down as Non-Executive Director citing health issues, while Mr. Kunj Bihari Soni (DIN: 10394068) resigned as Executive Director to focus on other professional and personal commitments. The company filed the intimation along with both resignation letters, as required under SEBI Circular CIR/CFD/CMD/4/2015. The board, which still includes Director Shvetalben Dataniya, will need to fill both vacancies going forward.
The simultaneous exit of two directors, including an Executive Director who is a Key Managerial Personnel, may raise minor governance concerns for shareholders. Investors should watch for follow-up filings on new director appointments to fill these vacancies. Short-term share price impact is likely limited given the small-scale nature of the company.