Announced Thu, 1 May · 21:35 IST

GARUDA CONSTRUCTION AND ENGINEERING LIMITED has informed the Exchange about Resignation of Independent director.

Management Changes View source PDF

GARUDA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Independent Non-Executive Director Rajvirendra Singh Rajpurohit (DIN: 06770931) has resigned from the board of Garuda Construction and Engineering Limited, effective May 1, 2025. He cited pre-occupation with other professional assignments and inability to devote time to board meetings as the reason for stepping down. He stated there are no other material reasons behind the resignation. He also holds directorships in Nidhan Commercial Co Limited, Sizemasters Technology Limited, and G-Tec Jainx Education Limited.

Likely market impact

This is a routine single independent director exit due to personal time constraints, with no governance concerns flagged. The company will need to appoint a replacement independent director within the timeframe prescribed by SEBI LODR to maintain the required board composition.