Intimation of completion of term of Mrs. Brijal Desai - Independent Director of the Company.
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Mrs. Brijal Desai's three-year term as Independent Director of Choksi Asia Ltd ended on January 5, 2026, and she will not be seeking re-appointment. She cited existing and upcoming professional commitments as the reason for stepping down. The company has placed on record its appreciation for her contributions during her tenure. There are no material reasons or governance concerns flagged in connection with her departure. She did not hold directorships in any other listed entity.
This is a routine, non-controversial board change with no governance red flags. The company will need to appoint a replacement Independent Director to comply with statutory board composition requirements, but there is no direct impact on shareholders or the stock price.