Independent Director Ved Prakash resigns from Arshiya board
ARSHIYA · price
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Mr. Ved Prakash, Non-Executive Independent Director of Arshiya Limited, has resigned effective February 18, 2026. He cited his residence in Dubai and inability to devote sufficient time to the company. His original resignation letter was submitted in September 2024, but was only formally taken on record now because the company is under Corporate Insolvency Resolution Process, where Resolution Professional Pankaj Mahajan manages affairs. He held no other directorships in listed entities.
Company is under CIRP. Loss of an independent director may raise minor governance concerns, though reason given is personal relocation abroad.