Resignation of Ms. Samhitha Kandlakunta non-executive independent director with effect from 9 march 2026 and Ms. Karishma Patel non executive independent director with effect from 10 march 2026
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On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.7 pts less than its Healthcare Service Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Deccan Health Care Ltd has informed BSE about the resignation of two Non-Executive Independent Directors. Ms. Samhitha Kandlakunta (DIN: 08891727) stepped down effective 9 March 2026 citing her relocation overseas for career progression. Ms. Karishma Patel (DIN: 11425076) stepped down effective 10 March 2026 citing increased workload from other personal commitments. Both directors confirmed there are no material reasons for their resignation beyond the personal reasons stated, and neither holds directorship in any other listed entity. The Board acknowledged their contributions during their tenure.
The exit of two independent directors within two consecutive days reduces the board's independent oversight capacity and may require the company to appoint replacements to meet SEBI's minimum independent director requirements. For retail investors, this is a governance event worth monitoring, though the directors themselves cited personal reasons and confirmed no governance concerns.