Resignation of Mr. Tushar Rai Sharma and Ms. Nikita Sinha from the Post of Independent Director of the Company
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Two Independent Directors, Mr. Tushar Rai Sharma (DIN: 09211414) and Ms. Nikita Sinha (DIN: 11126745), have resigned from the board of Ardi Investment and Trading Co Ltd effective 6 August 2025. Both cited personal reasons and professional commitments for their exit, and explicitly stated there are no other material reasons behind the resignation. The remaining board is signed by Director Karan V. Purani. Notably, Ms. Sinha's DIN indicates a fairly recent appointment, suggesting a relatively short tenure.
Simultaneous exit of both independent directors on the same day may raise governance concerns among minority shareholders, as the company will need to fill two independent director positions promptly to comply with SEBI board composition norms. Investors should watch for updates on new independent director appointments.