Cambridge Technology Enterprises Limited has informed the Exchange about Resignation of Director/KMP/SMP
CTE · price
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Mr. Srinivas Medepalli has resigned as Non-Executive Independent Director from the Board of Cambridge Technology Enterprises Limited, effective 8th May 2026 (close of business hours). He also resigned from all Board Committees he was part of. The stated reason for resignation is personal reasons. Mr. Medepalli has confirmed that there are no other material reasons behind his departure beyond the personal reasons mentioned. He held DIN 08727174.
The resignation reduces the Board's independent oversight. While the company must fill this vacancy to maintain required board independence, the clean exit with no material issues suggests limited near-term negative impact on the stock.