Bharat Road Network Limited has informed the Exchange about Resignation of Director/KMP/SMP
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Bharat Road Network Limited announced the sudden death of Prof. Santanu Ray (DIN: 00642736), Chairman of the Board and Independent Director, on 18th April 2026. Prof. Ray had been associated with the company as a Non-Executive Independent Director since 30th July 2019 and was serving his second term until July 2029. His death has caused him to cease holding positions as Chairman of the Audit Committee and Member of the Nomination and Remuneration Committee with immediate effect. The company described his passing as an irreparable loss.
The sudden loss of the Chairman and Independent Director creates a governance gap. The company will need to appoint a new Independent Director and reconstitute the Audit and Nomination & Remuneration Committees, which could temporarily affect board functioning and may require shareholder approval.