Resignation of Non Executive, Independent Director
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Ms. Shital Darak Mandhana (DIN: 07043909) has resigned as a Non-Executive Independent Director of Cranes Software International Ltd, effective 9th September 2025. She was appointed on 4th July 2024, meaning she served roughly 14 months on the board. She also stepped down as a member of the Audit Committee and the Nomination & Remuneration Committee. The company confirmed there are no material reasons behind the resignation other than personal reasons cited in her letter — namely increasing professional and other responsibilities making it difficult to devote adequate time to the board. The disclosure was signed by Company Secretary Apeksha Nagori under SEBI Regulation 30.
This is a routine single independent director exit due to personal time constraints with no governance red flags mentioned. Shareholders should monitor whether a replacement independent director is appointed in a timely manner to maintain board composition and committee quorum requirements.