Ashapura Minechem Limited has informed the Exchange regarding Cessation of Mr PUNDARIK SANYAL as Non- Executive Independent Director of the company w.e.f. February 08, 2026.due to completion of his second term
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Ashapura Minechem Limited has informed the stock exchanges that Mr. Pundarik Sanyal will cease to be a Non-Executive Independent Director of the company with effect from February 8, 2026. His exit is due to the natural completion of his second term as an Independent Director, not a mid-term resignation. The company has not mentioned any replacement appointment in this filing. This is a routine, planned change following the maximum tenure permitted under SEBI's Listing Regulations for Independent Directors.
This is a routine board change with no negative signal, as the director's exit is on the back of completing his full allowable tenure. Investors should watch for timely appointment of a new Independent Director to ensure the board complies with the minimum composition requirements.