Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations') - Resignation of Independent ....
ELITECON · price
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Elitecon International Ltd has informed the stock exchanges that Mr. Ish Sadana (DIN: 07141836), a Non-Executive Independent Director of the company, has resigned with effect from July 25, 2025. The reason cited is personal reasons, and Mr. Sadana has confirmed there are no other material reasons for his resignation. He also serves as a Non-Executive Independent Director on the boards of Cropster Agro Limited, Esquire Money Guarantees Limited, and Plaza Wires Limited, and is a member of three board committees at Esquire Money Guarantees Limited. The resignation will be formally taken on record at the next Board meeting. The communication was signed by Vipin Sharma, Managing Director of the company.
This is a routine board-level change with no governance red flags or financial implications disclosed. Shareholders should note a change in board composition, but the resignation is for personal reasons and should not materially affect the company's operations or stock price.