Central Depository Services (India) Limited has informed the Exchange regarding Cessation of Mr Sidhartha Pradhan as Non- Executive Independent Director of the company w.e.f. November 28, 2025.
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Central Depository Services (India) Limited (CDSL) has informed the stock exchange that Mr Sidhartha Pradhan has ceased to be a Non-Executive Independent Director of the company with effect from November 28, 2025. No reasons for the cessation have been disclosed in the filing. CDSL is one of India's two main depositories, and this is a routine board-level change. The announcement does not mention any immediate replacement for the vacated independent director position.
This is a single independent director exit with no governance red flags mentioned, so near-term impact on the stock is likely minimal. Shareholders should watch for the company to fill the vacancy within the timelines required under SEBI's listing regulations.