Intimation regarding Resignation of Independent Director of Company
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Ms. Anjali Vikas Sapkal (DIN: 02136528) has resigned as Independent Director of Billwin Industries with effect from April 25, 2025. The reason given is the completion of her first tenure as an Independent Director under the Companies Act, 2013 and SEBI LODR Regulations. She also stepped down from her memberships in the Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee. No other material reasons were cited for the resignation. She continues to serve as Independent Director on three other listed companies.
This is a routine tenure-based exit and not a negative signal for shareholders. The company will need to appoint a new Independent Director within the prescribed timelines to maintain SEBI's board composition requirements.