California Software Company Limited has informed the Exchange regarding Resignation of Mr Ashok Godavarthi as Independent Director of the company w.e.f. May 29, 2025.
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Mr. Ashok Godavarthi has stepped down as an Independent Director of California Software Company Limited, with the resignation taking effect from May 29, 2025. No reason for the resignation has been disclosed in the announcement. The company has not yet announced a replacement for the vacant independent director seat. The filing has been made to the stock exchange to formally update on the board change.
The departure of an independent director creates a vacancy on the board, which the company must fill within the timeframe required under SEBI listing rules. For shareholders, this is a routine governance update but may briefly affect board composition until a replacement is appointed.