Bajaj Healthcare Limited has informed the Exchange regarding Resignation of Mr. Sandeep Shah as Non- Executive Independent Director of the company w.e.f. Jun 03, 2025.
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Mr. Sandeep Shah (DIN: 06402659) has resigned as Non-Executive Independent Director of Bajaj Healthcare Limited with immediate effect from June 3, 2025. He has also stepped down from all board committees of the company. In his resignation letter, he cited personal pre-occupation and inability to devote sufficient time to the company as the reason. He confirmed there are no other material reasons for his departure. Mr. Shah continues to serve on the board of Dharan Infra-EPC Limited (formerly KBC Global Limited), where he chairs the Audit, Nomination & Remuneration, and other committees.
This is a routine independent director exit driven by time constraints rather than any governance concern, and is unlikely to materially affect the stock. Investors should watch for timely appointment of a replacement independent director to ensure the board remains compliant with composition norms.