We hereby inform your esteemed organization that Mr. Srinivas Medepalli (DIN 08727174) Non-Executive and Independent Director of the Company has tendered his resignation with effect from ....
CTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Srinivas Medepalli (DIN: 08727174) has resigned as Non-Executive Independent Director of Cambridge Technology Enterprises Ltd with effect from the close of business hours on May 8, 2026. The resignation, submitted via his letter dated May 8, 2026, has been cited to personal reasons. He will also cease to be a member of the company's Nomination and Remuneration Committee. The board has placed on record its appreciation for his valuable contribution and guidance. Mr. Medepalli has confirmed that there are no material reasons for his resignation beyond the personal reasons stated.
The resignation reduces the number of independent directors on the board, which could raise compliance concerns regarding minimum independent director requirements under SEBI LODR Regulations. Investors should monitor for timely appointment of a replacement independent director to maintain proper board governance.