Mr. Guy Deuk Yeon (DIN: 10551356) has tendered his resignation from the post of Independent Director of the company with effect of closure of business hours on May 22, 2026.
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Mr. Guy Deuk Yeon has tendered his resignation as an Independent Director of E-Land Apparel Ltd, effective from close of business hours on May 22, 2026. The resignation is attributed to his preoccupation and certain personal commitments. The company has received his formal resignation letter dated May 22, 2026. The departing director has confirmed that there are no material reasons beyond those stated. He also serves as an Independent Director and Chairperson of the Nomination and Remuneration Committee at CJ Darcl Logistics Limited (another listed entity).
The departure of an Independent Director reduces board independence and may require the company to seek a replacement to maintain compliance with SEBI regulations, which mandate a minimum number of independent directors. This is a routine governance event with limited direct impact on stock price unless multiple directors resign simultaneously.