Announced Wed, 3 Jun · 15:46 IST

Deepak Builders & Engineers India Limited has informed the Exchange regarding Cessation of Mr. Kashish Mittal as Non- Executive Independent Director of the company w.e.f. Jun 02, 2026.

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AI summary

Deepak Builders & Engineers India Limited has informed the stock exchange that Mr. Kashish Mittal will cease to be a Non-Executive Independent Director of the company with effect from June 02, 2026. The company has not disclosed the specific reason for the cessation in this filing. No other board-level changes have been announced alongside this. Independent directors serve fixed terms, and such cessations are typically due to completion of tenure or personal reasons.

Likely market impact

This is a routine board-level change involving a single independent director and is unlikely to have a material impact on the company's operations or stock price. Shareholders may want to watch for the appointment of a replacement independent director to ensure board composition remains compliant with SEBI listing requirements.