Intimation of Resignation by Independent Director
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Defrail Technologies Ltd has informed the stock exchange that Mr. Vivek Karnavat, Independent Director, has resigned from the Board with effect from 13 April 2026. He cited personal reasons for stepping down and confirmed there are no other material reasons behind the exit. Mr. Karnavat also serves as an Independent Director on the board of Shree Refrigerations Limited and was a member of the Audit Committee and CSR Committee, and Chairperson of the Stakeholders Relationship Committee at Defrail. The intimation was filed by Vivek Aggarwal, Managing Director, under SEBI Listing Regulations.
This is a single independent director exit for personal reasons with no governance red flags, so near-term impact on the stock is likely limited. However, the company will need to appoint a new independent director within the SEBI-prescribed timeframe to maintain the required board composition.