Fertilizers and Chemicals Travancore Limited has informed the Exchange regarding Cessation of Dr Aruna Kamineni as Non- Executive Independent Director of the company w.e.f. May 05, 2026.
FACT · price
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Dr. Aruna Kamineni has retired from the board of FACT with effect from May 5, 2026, upon completion of her one-year term as Non-Executive Independent Director. As a consequence of her cessation, she will also cease to be a member of the Audit Committee and the Nomination and Remuneration Committee of the company. This is a routine tenure completion rather than a resignation, and the company has made the disclosure in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is a routine board change with no immediate financial or operational implications. Shareholders should note the departure of an independent director, which will reduce board independence temporarily until a replacement is appointed.