DHARANBSEDharan Infra-EPC LtdMediumNeutral
Announced Fri, 8 May · 17:32 IST

We hereby submit resignation submitted by Mrs Prachi Sakpal, Independent director

Director Flagged GovernanceManagement Changes View source PDF

DHARAN · price

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AI summary

Mrs Prachi Aditya Sakpal has tendered her resignation as Independent Director of Dharan Infra-EPC Limited with effect from May 8, 2026. She cited inability to devote sufficient time due to personal commitments and professional reasons as the cause for her departure. The resignation comes while the company is under Corporate Insolvency Resolution Process (CIRP), which raises governance concerns. She has confirmed she does not hold any other directorships or committee positions in other companies.

Likely market impact

The resignation of an independent director during insolvency proceedings signals potential governance challenges and may create negative sentiment among investors, as independent directors provide oversight critical for listed companies, especially those undergoing restructuring.