Resignation of Ms. Prachi Mishra as Independent Director of the Company with effect from 01 July, 2025.
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Awaiting price reaction for this filing.
DAPS Advertising Ltd has informed BSE that Ms. Prachi Mishra has stepped down from her position as Independent Director of the company. Her resignation will take effect from 1 July 2025. The announcement does not mention the reason for her exit. No replacement or new appointment has been disclosed in this filing.
The departure of one Independent Director slightly weakens the board's independent oversight, but this is a routine board-level change and is unlikely to have a material impact on the stock price. Shareholders should watch for any forthcoming announcement regarding the appointment of a new Independent Director to maintain statutory board composition.