Completion of tenure as Non-Executive Independent Director
DISAQ · price
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Awaiting price reaction for this filing.
Mr. Bhagya Chandra Rao (DIN: 00211127) ceased to be a Non-Executive Independent Director of DISA India Limited with effect from the close of business hours on January 27, 2026, upon completion of his term. He also stepped down as Chairperson of the Audit Committee and the Nomination and Remuneration Committee at DISA India. He holds independent directorships at three other listed companies — Wendt India, Shetron, and Suprajit Engineering. No replacement appointment has been announced in this filing.
This is a routine, scheduled end-of-tenure event and not a sudden resignation, so the immediate impact on the stock is likely minimal. Shareholders should watch for the company to appoint a new independent director to maintain board composition and comply with SEBI requirements.