Concord Enviro Systems Limited has informed the Exchange regarding Resignation of Mr Rajesh Pai as Non- Executive Director of the company w.e.f. May 19, 2025.
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Mr. Rajesh Pai (DIN: 02930658) has resigned as Non-Executive Non-Independent Director of Concord Enviro Systems Limited, effective from the close of business hours on May 19, 2025. He has also stepped down as a member of the Nomination and Remuneration Committee. The reason cited is pre-occupation and personal commitments, with no other material reasons disclosed. The company has confirmed receipt of the resignation letter dated May 19, 2025, and has filed the intimation with both NSE and BSE under SEBI Listing Regulations.
This is a routine, single non-executive director exit driven by personal reasons with no governance red flags mentioned. Shareholders are unlikely to see any material impact on operations or stock price from this change.