Cessation of Mrs. Mangala Prabhu (DIN:06450659) as Independent Director due to completion of second consecutive term w.e.f September 27, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mrs. Mangala Prabhu (DIN: 06450659) ceased to be a Non-Executive & Independent Director of Aspira Pathlab & Diagnostics Ltd with effect from September 27, 2025, upon completing her second consecutive term as Independent Director. Consequent to her cessation, she also stepped down as member and Chairperson of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. The Board acknowledged her contributions during her tenure. The disclosure is filed under SEBI (LODR) Regulation 30 read with the November 11, 2024 SEBI Master Circular.
This is a routine, regulatory-driven exit after two full terms as per SEBI's maximum tenure norms for independent directors. No governance red flag — shareholders should expect the company to appoint a replacement independent director in due course to maintain board composition compliance.