Completion of Tenure of Mrs. Bhaviika Jain, Independent Director of the Company
Awaiting price reaction for this filing.
Authum Investment & Infrastructure Limited (NSE: AIIL, BSE: 539177) has informed the stock exchanges that Mrs. Bhaviika Jain's five-year term as Independent Director ended on May 29, 2025, and she ceased to hold the position with effect from May 30, 2025. She was originally appointed on May 30, 2020, so this is a natural, scheduled end of her term rather than a sudden exit. The Board has recorded appreciation for her contributions during the tenure. The disclosure is filed under SEBI's Listing Regulations (Reg. 30) as a standard corporate governance update.
This is a routine, scheduled end of tenure and not a resignation driven by any governance or performance concern. Investors should note that the Board will need to fill this Independent Director seat in due course to remain compliant with SEBI's board composition rules, but there is no immediate impact on operations or stock price expected.