CP CAPITAL LIMITED has informed the Exchange about Resignation of Independent director.
CPCAP · price
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Mr. Jagdish Prasad Sarda (DIN: 07654623) has resigned as Non-Executive Independent Director of CP Capital Limited (formerly Career Point Limited), effective from the close of business hours on May 3, 2025. The reason cited is pre-occupation and personal commitments. Along with his directorship, he also stepped down as Chairman of the Nomination and Remuneration Committee and as a member of the Stakeholders Relationship Committee and Audit Committee. He confirmed there are no other material reasons for his resignation and does not hold directorship in any other listed entity.
This is a single independent director resignation citing personal reasons with no governance red flags. It may create a temporary gap on the board and key committees until a replacement is appointed, but is unlikely to materially affect the stock price.