Resignation of Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On March 9, 2026, Dhruva Capital Services saw two Independent Directors — Chanchal Kedia and Hitu Gambhir Mahajan — resign citing pre-occupancy with their own business ventures. Both were also members of the Audit Committee, with Mahajan serving as its Chairperson. At the same board meeting, three new Independent Directors were appointed for five-year terms: Kiran Pandey, Priyanshu Gupta, and Dipayan Das, subject to shareholder approval. The Company Secretary and Compliance Officer, Priti Lakhotia, also resigned the same day for personal pre-occupancy. The board promptly reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. No material reasons beyond personal pre-occupancy were disclosed for any of the exits.
Two independent directors and the company secretary leaving on the same day signals significant board-level churn, though the company has quickly filled the independent director seats. Shareholders should watch for the shareholder approval of the new director appointments and any upcoming replacement for the Company Secretary role, as the KMP vacancy is not yet addressed in this filing.