Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of ....
Awaiting price reaction for this filing.
Diamant Infrastructure Ltd informed the stock exchanges that the Board of Directors, at its meeting held on 2nd March 2026, noted the resignations of two Non-Executive Independent Additional Directors — Mr. Gopal Shrikant Kabra (DIN: 10777447) and Mr. Nikesh Subhash Zade (DIN: 10011059) — with effect from 31st March 2026. Both directors cited personal and unavoidable circumstances (described elsewhere as professional commitments) as the reason for stepping down. The Board recorded its appreciation for their contributions and confirmed there are no other material reasons behind the resignations. The Managing Director, Mr. Naresh Saboo, signed off on the disclosure.
Two independent directors exiting together may raise short-term governance concerns for shareholders, as the company will need to fill these positions to maintain the required composition of the Board. However, since reasons cited are personal and no material issues were flagged, the immediate impact on the stock price is likely limited.