Disclosure under regulation 30 of SEBI LODR, 2015 for resignation of Independent Director Ms. Priyanka Joshi has been attached herewith.
Awaiting price reaction for this filing.
Ms. Priyanka Joshi (DIN: 10133653) has resigned as Additional Independent Director of PAE Limited, effective 27th August 2025. She cited preoccupation and other personal commitments as the reason, and confirmed there are no other material reasons for her exit. Along with her directorship, she stepped down as Chairperson of the Audit Committee and Stakeholder Relationship Committee, and as a member of the Nomination and Remuneration Committee. Her only listed directorship was at PAE Limited. The company has filed the required disclosure under SEBI LODR Regulations and attached her resignation letter and confirmation.
This is a single independent director exit for personal reasons with no governance red flags. The board will need to fill the vacant independent director position and reconstitute the Audit and Stakeholder Relationship Committees, but there is no immediate material impact expected on operations or shareholder value.