Dollar Industries Limited has informed the Exchange regarding Cessation of MR. RAJESH KUMAR BUBNA as Non- Executive Independent Director of the company w.e.f. August 13, 2025.
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Dollar Industries Limited has informed stock exchanges that Mr. Rajesh Kumar Bubna has ceased to be a Non-Executive Independent Director with effect from August 14, 2025. He completed his second 5-year term on August 13, 2025, bringing his total tenure on the board to 10 years. The company has expressed appreciation for his contributions during this period. No reasons of concern or governance issues have been flagged in the disclosure.
This is a routine, planned exit due to the end of the maximum allowable tenure for an independent director under SEBI norms. It is unlikely to have any material impact on the stock price, though investors may want to track who replaces him on the board and the audit committee.