Enclosed
Awaiting price reaction for this filing.
Valecha Engineering has informed the stock exchanges that Mr. Vipul Bansal, a Non-Executive and Independent Director on the company's board, has resigned effective 18 November 2025. In his resignation letter, Mr. Bansal cited other professional commitments that left him unable to devote enough time to the board. He confirmed there are no other material reasons behind his exit. The company has appreciated his contribution during his tenure. The intimation has been filed under SEBI Listing Regulations, and his resignation letter has been enclosed with the disclosure.
This is a single independent director exit for personal time-commitment reasons with no governance red flags stated, so near-term impact on the stock is likely minimal. Investors may, however, want to watch for timely appointment of a replacement independent director to ensure board composition meets regulatory requirements.