Mr. Milin Ramani, Independent Director of the Company has tendered his resignation from the Board of Directors and Board Committees - effective immdiately as of July 16, 2025.
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Mr. Milin Ramani, Independent Director of Dhansafal Finserve Ltd (BSE: 512048), has resigned from the Board and all Board Committees with immediate effect from July 16, 2025. In his resignation letter, he cited pre-occupation and personal commitments as the reason and confirmed there are no other material reasons. Mr. Ramani (DIN: 07697636) also serves as an Independent Director on six other listed companies including Comfort Fincap, Comfort Intech, Hubtown, and Bil Vyapar. The disclosure was filed under SEBI Listing Regulations, and the company will need to fill the vacancy to comply with board composition norms.
A single independent director exit for personal reasons with no governance red flags, but the company will need to appoint a replacement to maintain SEBI's minimum board composition requirements. Short-term governance continuity may be affected until a new independent director is onboarded.