Dwarikesh Sugar Industries Limited has informed the Exchange regarding Cessation of Mr K. N. Prithviraj (DIN: 00115317) as Independent Director of the company w.e.f. September 18, 2025.
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Dwarikesh Sugar Industries has informed the stock exchange that Mr K. N. Prithviraj (DIN: 00115317) has ceased to be an Independent Director of the company with effect from September 18, 2025. No reason for the cessation has been mentioned in the filing. The announcement is a routine board-level disclosure under SEBI listing requirements. Shareholders will need to watch for any further filings explaining whether the vacancy will be filled and any impact on board committee compositions.
A single independent director vacancy is unlikely to materially affect the stock price, but the company will need to fill the position within the timelines prescribed under SEBI rules to maintain the required board composition.