Bharat Wire Ropes Limited has informed the Exchange regarding Resignation of Mr as Non- Executive Independent Director of the company w.e.f. May 19, 2025.
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Mr. Shiv Kumar Malu (DIN: 05345172) has resigned from his position as Non-Executive Independent Director of Bharat Wire Ropes Limited, effective from the close of business hours on May 19, 2025. The reason cited is personal reasons and other commitments. He also stepped down as Chairman of the Nomination and Remuneration Committee and as a member of the Audit Committee and Fund-Raising Committee. The company has confirmed there are no other material reasons for the resignation beyond those stated.
This is a routine board-level change with no stated governance concerns; shareholders should monitor whether a replacement independent director is appointed in a timely manner to maintain board composition and committee requirements.