Ballarpur Industries Limited has informed the Exchange regarding Resignation of Ms. Runel Saxena as Non- Executive Independent Director of the company w.e.f. July 30, 2025.
Awaiting price reaction for this filing.
Ballarpur Industries Limited has informed the stock exchanges that Ms. Runel Saxena (DIN: 10424170) has resigned as Non-Executive Independent Director of the company, effective July 30, 2025. She cited professional and other personal commitments, stating she was unable to dedicate adequate time to mentoring management and overseeing governance. This is a revised intimation filed on August 2, 2025, to correct an earlier July 31 filing that erroneously mentioned she held directorships in other listed entities. The revised filing clarifies she does not hold directorship in any other listed entity as on the date of her resignation.
For ordinary shareholders, this is a routine board change with no material impact on operations or financials. The company will need to fill the independent director vacancy in due course to comply with SEBI's board composition requirements.