Announced Thu, 9 Apr · 17:18 IST

Garuda Construction and Engineering Limited has informed the Exchange regarding Resignation of Ms Priyanka Yadav as Non- Executive Independent Director of the company w.e.f. April 03, 2026.

Management Changes View source PDF

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+3.7%1-day move
₹163.69
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₹164.51
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AI summary

Ms. Priyanka Yadav has resigned from her position as an Independent Director (Non-Executive) of Garuda Construction and Engineering Limited, effective April 3, 2026. The resignation was submitted via her letter dated the same date. She has also resigned from her positions on various committees of the company. The stated reason for resignation is personal reasons, with a confirmation that there are no other material reasons behind her decision. Ms. Yadav held independent directorships in three other listed entities: Artemis Electricals and Projects Limited, Electro Force (India) Limited, and Blue Jet Healthcare Limited.

Likely market impact

This is a routine independent director resignation with no material concerns flagged. The board composition will change, and shareholders should monitor whether the company appoints a replacement independent director to maintain board independence requirements.