Dear sir, Pursuant to Regulation 30 of LODR, we wish to inform you that Mr. Sabarinath Gopala Krishnan has resigned on 11th August 2025 as Non - Executive & Non - Independend Director ....
Awaiting price reaction for this filing.
Avasara Finance Ltd has informed BSE that Mr. Sabarinath Gopala Krishnan (DIN: 08479403) has resigned as Non-Executive, Non-Independent Director, effective close of business hours on 11th August 2025. He was appointed only on 14th February 2025, making his tenure roughly six months. The reason cited is personal commitments, and the director confirmed there are no other material reasons behind the exit. He does not hold any other listed entity directorships or committee memberships, and the resignation letter has been enclosed with the filing.
This is a routine board-level change with a personal-reason resignation and no governance red flags. For shareholders, the short tenure is worth noting but the impact on the stock or operations is likely minimal.