Dear Sir/MAdam, Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you regarding the cessation of Mr. Valmeekanthan Subramanian as Non Executive Non Independent ....
Awaiting price reaction for this filing.
Mr. Valmeekanathan Subramanian (DIN: 05297798) has resigned as Non-Executive Non-Independent Director of Avasara Finance Ltd with effect from close of business hours on 15th April 2025. He was originally appointed on 10th November 2021 and stepped down citing personal commitments, confirming there are no other material reasons for his exit. He did not hold any directorship or committee membership in other listed entities. The disclosure was filed under SEBI LODR Regulation 30 read with Schedule III Para A(7B).
A routine, single non-executive director exit for personal reasons with no governance red flags disclosed. Unlikely to materially affect shareholders or the stock price as day-to-day operations remain unaffected.