Disclosure under Regulation 30 of SEBI LODR, 2015 for resignation of Independent Mr. Nandish Jani has been attached herewith.
Awaiting price reaction for this filing.
PAE Limited has informed BSE that Mr. Nandish Shaileshbhai Jani (DIN: 09565657) has resigned as Additional Independent Director of the company, effective from 27th August 2025. The reason cited is preoccupation and other personal commitments, and he has confirmed there are no other material reasons behind his exit. Along with his board seat, he is also stepping down from the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee of PAE. He continues as Independent Director in two other listed companies — Magenta Lifecare Limited and Dipna Pharmachem Limited. The company has filed the resignation letter and required disclosures with BSE under SEBI LODR regulations.
This appears to be a routine, personal-reason exit with no governance red flags raised. PAE will need to fill the vacant independent director seat to comply with minimum board composition norms, but the near-term impact on the stock is expected to be minimal.