Axita Cotton Limited has informed the Exchange regarding Resignation of Ms Shobha Bharti as Non- Executive Independent Director of the company w.e.f. July 05, 2025.
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Ms. Shobha Bharti (DIN: 05318463) has resigned from the Board of Axita Cotton Limited as a Non-Executive Independent Director, effective from the close of business hours on July 05, 2025. The reason cited is personal preoccupation, and she has confirmed there are no other material reasons for her exit. She will also step down from all Board Committee memberships in the company. Ms. Bharti continues to serve as an Independent Director on the board of Yuranus Infrastructure Limited.
This is a routine single independent director exit due to personal reasons and is unlikely to materially affect the company's operations or stock price. Investors may want to track whether a new independent director is appointed in a timely manner to ensure the board remains compliant with SEBI composition requirements.