FINE ORGANIC INDUSTRIES LIMITED has informed the Exchange about Resignation of Independent director.
FINEORG · price
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Ms. Pratima Umarji (DIN: 05294496), Independent Director of Fine Organic Industries, resigned from the Board with effect from November 3, 2025, citing ongoing health concerns that prevent her from effectively discharging her duties. She also ceases to be Chairperson of the Stakeholders' Relationship Committee and a Member of the Nomination and Remuneration Committee. She confirmed in her resignation letter that there are no other material reasons for her exit. The company stated the Board remains duly constituted under SEBI LODR Regulation 17, and the required disclosures under SEBI's November 2024 circular have been enclosed.
This is a routine, personal-reason resignation of a single Independent Director with no governance red flags; the Board remains compliant. Minimal expected impact on the stock, though investors may watch for timely appointment of a replacement Independent Director.