Intimation of resignation of Mr. Nikshit Hemendra Shah (DIN: 07910462) from the Chairmanship of the Company.

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AI summary

Mr. Nikshit Hemendra Shah (DIN: 07910462) has resigned from his position as Independent Director and Chairman of Bodhtree Consulting Ltd with immediate effect from 26 February 2026. The reason cited is personal obligations, and he has confirmed there are no other material reasons behind his exit. As a result of his resignation, he also steps down as a member of the Audit Committee and the Nomination & Remuneration Committee. He does not hold directorship in any other listed entity. The board has recorded its appreciation for his contributions during his tenure.

Likely market impact

The company has lost both its Chairman and an Independent Director in a single move, which may create a temporary leadership and governance gap until a replacement is appointed. For shareholders, the departure of the audit committee member is a point to watch, though the CEO (Prashanth Mitta) remains in place and the reason given is personal rather than any governance concern.