Ester Industries Limited has informed the Exchange regarding Resignation of Mrs. Archana Singhania as Non- Executive Director of the company w.e.f. April 30, 2025.
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Mrs. Archana Singhania has resigned from the board of Ester Industries Limited as a Non-Executive Director, with the resignation taking effect from April 30, 2025. The announcement was made to the NSE as a regulatory disclosure under Listing Obligations. No reason for the resignation has been mentioned in the filing. The Singhania family is associated with Ester Industries as promoters, so this represents a notable change at the board level.
This is a single non-executive board exit, not involving any Key Managerial Personnel like the CEO or CFO, so day-to-day operations and strategy are unlikely to be affected. Shareholders should watch for any further disclosures on whether the promoter shareholding structure is changing or if a new director will be appointed in her place.