Intimation of Cessation of Ms. Neha Vijaykumar Badlani (DIN: 07428157) as Non- Executive Independent Director upon completion of her term of appointment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Befound Movement Ltd has informed BSE that Ms. Neha Vijaykumar Badlani (DIN: 07428157) ceased to be a Non-Executive Independent Director of the company with effect from March 22, 2026. The cessation is on account of the natural expiry of her term of appointment and is in line with the Companies Act, 2013 and SEBI LODR Regulations. She was a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. The company has stated that all committees will be reconstituted as a result. The intimation was signed by Managing Director Rajesh Kapoor.
This is a routine, planned exit of a single independent director due to the completion of her tenure. There is no governance concern indicated, and the company will reconstitute its board committees. Shareholders should watch for the appointment of a new independent director in due course to maintain board composition norms.