BHARAT ROAD NETWORK LIMITED has informed the Exchange about Resignation of Independent director.
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Mr. Brahm Dutt (DIN: 05308908) has stepped down as Independent Director and Chairman of Bharat Road Network Limited with effect from the close of business hours on 13th May 2025, after completing his five-year tenure as an Independent Director. He has also ceased to be a member of the Audit Committee and the Nomination and Remuneration Committee with immediate effect. The Board of Directors has recorded its appreciation for his contributions during his tenure. Mr. Brahm Dutt does not hold any directorship or board committee position in any other listed entity. The disclosure was made under Regulation 30 of SEBI LODR Regulations, and the cessation is purely on account of term completion — not due to any disagreement or governance issue.
This is a routine, planned exit at the end of a statutory five-year term and is unlikely to have any material impact on the stock price or operations. Shareholders should note that the company will need to appoint a new Independent Director and a new Chairman to maintain board composition compliance.