Disclosure under Regulation 30 of SEBI LODR, 2015 for resignation of Independent Director, Mr. Rajesh Chinubhai Sutaria has been attached herewith.
Awaiting price reaction for this filing.
PAE Ltd has informed the stock exchange that Mr. Rajesh Chinubhai Sutaria (DIN: 02102686) has resigned as an Additional Independent Director of the company with effect from September 2, 2025. The reason cited is preoccupation and other personal commitments, and he has confirmed there are no other material reasons behind his exit. With his resignation, the company will lose his presence on three board committees — Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Mr. Sutaria continues to serve as a director on three other listed companies, including Achyut Healthcare, Khyati Multimedia-Entertainment, and Zenith Healthcare.
This is a routine board-level change driven by personal reasons with no governance red flags flagged, so it is unlikely to materially affect the stock. Investors should watch for the company to fill the vacant independent director and committee positions within the SEBI-prescribed timeline to avoid any board composition shortfall.