Disclosure as per regulation 30 of SEBI(LODR) Regulation 2015 there is the change in director of board mr. bhupendra kaushik as indepenedent director resign wef 05.01.2026
Awaiting price reaction for this filing.
Sunshine Capital Ltd has informed BSE that Mr. Bhupendra Kaushik (DIN: 07016552), a Non-Executive Independent Director, has resigned from the Board effective January 5, 2026. The resignation was attributed to personal and unavoidable reasons, with the director confirming there are no other material reasons behind the exit. Mr. Kaushik also serves on the boards of India Solomon Holdings Limited and Sital Leasing and Finance Ltd. The disclosure was signed by Managing Director Surendra Kumar Jain and filed under Regulation 30 of SEBI (LODR) Regulations, 2015.
This is a routine single independent director exit citing personal reasons with no governance red flags, so it is unlikely to materially affect the stock price or shareholder value. Investors should however watch for a timely replacement to maintain the required composition of the board and audit committee.