Gandhar Oil Refinery (India) Limited has informed the Exchange regarding Resignation of Mrs. Deena Mehta as Non-Executive Independent Director of the Company w.e.f. May 12, 2026.
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mrs. Deena Mehta has resigned from the position of Non-Executive Independent Director of Gandhar Oil Refinery (India) Ltd with immediate effect from May 12, 2026. The stated reason for her resignation is pre-occupation with other business activities. She has confirmed that there are no material reasons behind her resignation other than those mentioned. As a result of her resignation, she also ceases to be a member of the Audit Committee, Nomination and Remuneration Committee, and Risk Management Committee. Mrs. Mehta also holds independent director positions in three other listed entities: Fino Payments Bank Limited, Anand Rathi Wealth Limited, and Asit C. Mehta Financial Services Limited.
The departure of an independent director could slightly impact board composition and governance structure, though the resignation appears routine with no material concerns raised. Shareholders should monitor for replacement appointment.