GACM TECHNOLOGIES LIMITED has informed the Exchange about Resignation of Independent director.
GATECH · price
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GACM Technologies Limited informed the exchange that Mr. Nellutla Venkateswar Rao (DIN: 09261084) has resigned from the position of Independent Director with immediate effect from 09-07-2025. In his resignation letter, he cited the reason as his intention to pursue an employment opportunity that may restrict his ability to function effectively as an independent director. He also confirmed that there are no other material reasons behind his resignation and expressed gratitude to the Board for its support during his tenure.
This is a routine board-level change with a benign personal reason cited. For shareholders, this is largely neutral, though a vacancy on the board may need to be filled within the timelines prescribed under the Companies Act and SEBI LODR regulations.