AVROINDNSEAVRO INDIA LIMITEDMediumNeutral
Announced Mon, 29 Sept · 17:32 IST

AVRO INDIA LIMITED has informed the Exchange about Resignation of Independent director.

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AVROIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Sunil Duggal (DIN: 07291685) has resigned as an Independent Director of Avro India Limited, effective 26th September 2025. He cited pre-occupation and time constraint as the reason for stepping down. Mr. Duggal confirmed there is no other material reason behind his exit. He also serves as an Independent Director on the boards of Singer India Limited and Godawari Power and Ispat Limited. The company has filed the required disclosure under SEBI's Listing Regulations and has attached his resignation letter for records.

Likely market impact

This is a routine, single-director exit driven by personal time constraints and does not point to any governance or operational concerns. Shareholders should monitor whether Avro India appoints a replacement Independent Director within the timeline required under SEBI rules to maintain board composition compliance.