Bigbloc Construction Limited has informed the Exchange regarding Cessation of Tenure Completion as Independent Director of the company w.e.f. September 30, 2025.
BIGBLOC · price
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Mr. Dishant Kaushikbhai Jariwala has completed his second and final five-year term as an Independent Director and ceased to be on the Board of Bigbloc Construction Limited with effect from September 30, 2025, close of business hours. The Board expressed appreciation for his contributions during his tenure. The company confirmed that the Board composition continues to comply with SEBI Listing Regulations (LODR) requirements. This is a routine end-of-tenure event for an Independent Director, as independent directors are limited to two consecutive terms of five years each under Indian company law.
This is a routine, regulatory-driven change and is not expected to materially affect the company's operations or stock price. Investors may want to monitor whether a replacement Independent Director is appointed within the timelines prescribed under SEBI LODR to maintain board composition.