Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations') - Resignation of Independent ....
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Ms. Chetna (DIN: 08981045), a Non-Executive Independent Director of Esquire Money Guarantees Limited, has resigned from the board effective from the close of business on May 12, 2025. The reason cited is personal, and she has confirmed in her resignation letter that there are no other material reasons behind her exit. Ms. Chetna holds independent directorships on several other listed companies including Aanchal Ispat, Chandrima Mercantiles, EMS Limited, Best Agrolife, Plaza Wires, AKG Exim, and ANG Lifesciences India. The resignation will be formally taken on record at the next board meeting. The Managing Director, Manoj Chander Pandey, signed the intimation to BSE.
This is a routine independent director exit for personal reasons with no governance red flags, so the immediate impact on shareholders is minimal. However, the company will need to fill the vacant independent director seat to stay compliant with SEBI's board composition requirements.