Dhunseri Investments Limited has informed the Exchange that Mr. Purushottam Jagannath Bhide has completed his second and final term as an Independent Director and consequently ceased to be an Independent Director of the Company w.e.f., the close of the business hour on November 8, 2025.
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Dhunseri Investments Limited has informed the stock exchange that Mr. Purushottam Jagannath Bhide, an Independent Director, has stepped down from the board effective November 8, 2025, at the close of business hours. This departure comes at the natural end of his second and final term as an Independent Director, as permitted under company law. No reasons were cited, which is standard for a routine end-of-term exit. The company will now need to fill this Independent Director vacancy to stay compliant with minimum board composition requirements.
This is a routine, non-event for shareholders — end-of-term exits of Independent Directors are normal and do not affect the company's operations or financials. Investors should watch for a timely replacement appointment to ensure board composition norms are met.